Mike Gleason: It is my privilege now to welcomeback our good friend, Greg Weldon, CEO and President of Weldon Financial. Greghas decades of market research and trading experience specializing in themetals and commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp, where he accurately predicted the implosion of the UScredit market and urged people to buy gold...Read More
Before their recent surgeon gold regaining $1600, the gold stocks spent much of the past half-year or solargely drifting sideways to lower. Thathigh consolidation really weighed on sentiment, with greed giving way to apathy. This sector normally tends to suffer aseasonal slump into mid-March, paving the way for gold stocks’ spring rally. That’s their second-strongest...Read More
With new cases of COVID-19 outside China rising, the chances of a pandemic and global recession have increased recently. What are the implications for the gold market?Coronavirus Spreads Over the WorldUnfortunately, the new coronavirus remains the hottest topic of the news. Although the COVID-19 epidemic has been slowing down in China since the beginning of February, it has quickly spread to sever...Read More
In December, the Sveriges Riksbank, the world’s oldest central bank, has raised the main interest rate from -0.25 percent back to zero, ending its experiment with the negative interest rate policy, as the chart below shows.Chart 1: Riksbank’s repo rate from January 2010 to January 2020. This is a huge change. As a reminder, Riksbank was a pioneer of negative interest rates. As early as...Read More
Gold and stocks are moving south together; but they are not correlated. Nor, are they inversely correlated, as some gold enthusiasts claim.Reference to gold as a safe haven has some investors buying gold to hedge against a stock market crash. It is almost as if gold has become a pseudo defensive stock.It seems investors actually expect gold’s price to go up when the stock market goes down; a...Read More
Mar 03, 2020 Guest(s): Jeffrey Christian The Federal Reserve surprised the markets with an emergency 50 basis-point cut on Tuesday. Gold surged but the Dow Jones Industrial Average still sold off. CPM Group's managing partner Jeffrey Christian talks gold's reaction to the move and what it could mean for prices going forward. "The Fed lived up to the expectations of the market because partly it...Read More
Mar 04, 2020 Guest(s): Alex Reeves Senior Manager, Communications, Royal Canadian Mint In defiance of the old clich?(C), bigger might just be better, especially when it comes to gold coins, or at least the Royal Canadian Mint thinks so. March 2 the Canadian Mint unveiled a 10kg Gold Maple Leaf (GML) coin at the Prospectors and Developers Association of Canada 2020 mining conference. In total, 10...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend, Greg Weldon, CEO and President of Weldon Financial. Greghas decades of market research and trading experience specializing in themetals and commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp, where he accurately predicted the implosion of the UScredit market and urged people to buy gold...Read More
Before their recent surgeon gold regaining $1600, the gold stocks spent much of the past half-year or solargely drifting sideways to lower. Thathigh consolidation really weighed on sentiment, with greed giving way to apathy. This sector normally tends to suffer aseasonal slump into mid-March, paving the way for gold stocks’ spring rally. That’s their second-strongest...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend, Greg Weldon, CEO and President of Weldon Financial. Greghas decades of market research and trading experience specializing in themetals and commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp, where he accurately predicted the implosion of the UScredit market and urged people to buy gold...Read More
Before their recent surgeon gold regaining $1600, the gold stocks spent much of the past half-year or solargely drifting sideways to lower. Thathigh consolidation really weighed on sentiment, with greed giving way to apathy. This sector normally tends to suffer aseasonal slump into mid-March, paving the way for gold stocks’ spring rally. That’s their second-strongest...Read More
With new cases of COVID-19 outside China rising, the chances of a pandemic and global recession have increased recently. What are the implications for the gold market?Coronavirus Spreads Over the WorldUnfortunately, the new coronavirus remains the hottest topic of the news. Although the COVID-19 epidemic has been slowing down in China since the beginning of February, it has quickly spread to sever...Read More
In December, the Sveriges Riksbank, the world’s oldest central bank, has raised the main interest rate from -0.25 percent back to zero, ending its experiment with the negative interest rate policy, as the chart below shows.Chart 1: Riksbank’s repo rate from January 2010 to January 2020. This is a huge change. As a reminder, Riksbank was a pioneer of negative interest rates. As early as...Read More
Gold and stocks are moving south together; but they are not correlated. Nor, are they inversely correlated, as some gold enthusiasts claim.Reference to gold as a safe haven has some investors buying gold to hedge against a stock market crash. It is almost as if gold has become a pseudo defensive stock.It seems investors actually expect gold’s price to go up when the stock market goes down; a...Read More
With new cases of COVID-19 outside China rising, the chances of a pandemic and global recession have increased recently. What are the implications for the gold market?Coronavirus Spreads Over the WorldUnfortunately, the new coronavirus remains the hottest topic of the news. Although the COVID-19 epidemic has been slowing down in China since the beginning of February, it has quickly spread to sever...Read More
In December, the Sveriges Riksbank, the world’s oldest central bank, has raised the main interest rate from -0.25 percent back to zero, ending its experiment with the negative interest rate policy, as the chart below shows.Chart 1: Riksbank’s repo rate from January 2010 to January 2020. This is a huge change. As a reminder, Riksbank was a pioneer of negative interest rates. As early as...Read More
Gold and stocks are moving south together; but they are not correlated. Nor, are they inversely correlated, as some gold enthusiasts claim.Reference to gold as a safe haven has some investors buying gold to hedge against a stock market crash. It is almost as if gold has become a pseudo defensive stock.It seems investors actually expect gold’s price to go up when the stock market goes down; a...Read More
Adam HamiltonArchivesFeb 28, 2020 Before their recent surge on gold regaining $1600, the gold stocks spent much of the past half-year or so largely drifting sideways to lower. That high consolidation really weighed on sentiment, with greed giving way to apathy. This sector normally tends to suffer a seasonal slump into mid-March, paving the way for gold stocks' spring rally. That's their second-st...Read More
For Part 1 of this series, CLICK HEREHow serious could coronavirus get? Will it decimate world economies, or is this just a short term blip? Is it the virus to blame for the recent market action, or the fact that the world economies have been balanced on a razor's edge for a decade? Find the answers to all of the above in today's update with Mike Maloney and Chris Martenson of PeakProsperity.comMi...Read More
Eric Sprott discusses the devastating impact the coronavirus is having on the global markets, including for now the precious metals and the mining shares.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric es...Read More