StrengthsThe best performing metal this week was palladium, up 2.81 percent with continued price strength. Gold traders were split between bullish, bearish and neutral on the yellow metal this week as prices struggled to recover and posted a monthly loss for February. Lawmakers in Romania are drafting legislation aiming to repatriate the country's gold stored in the United Kingdom. The bill is t...Read More
"A generation from now, Americans may marvel at the complacency that assumed the dollar's dominance would never end." Floyd Norris, chief financial correspondent, New York Times, 2/2/2007 "Capitalism without bankruptcy is like Christianity without hell." Frank Borman, NASA Astronaut Gemini 7, CDR Apollo, CEO Eastern Airlines, April 1986 "The generally accepted view is that markets are always r...Read More
By: Keith WeinerWe have written numerous articles about capital consumption. Our monetary system has a falling interest rate, which causes both capital churn and conversion of one party's wealth into another's income. It also has too-low interest, which encourages borrowing to consume (which, as everyone knows, adds to Gross Domestic Product GDP).What Is CapitalAt the same time, of course entre...Read More
By: IRA EPSTEINGold market -- weekly chart, sideways action galore. Upside momentum lost, higher highs and higher lows is lost:Read More
Gold and precious metals as man expected were slammed on Friday. Fifth time since approaching the magical 1350 resistance point. The decline will probably continue on for several more months until a summer rally or Q4. Not to worry though, the Fed is in a box again. With stock markets rising, the impetus to ease off rate hikes has diminished. But tightening could well send the markets into another...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 internati...Read More
Facebook told its users to add their phone numbers as an extra layer of security , but now users are learning their numbers are being used Continue...Read More
Legendary investor and chairman of Rogers Holdings, Jim Rogers, told IGTV's Victoria Scholar the cannabis market was 'going to get bigger and bigger'. He says he has a private cannabis company in Colombia but he's not yet invested in any public stocks in the sector. Meanwhile, Rogers says he's 'very very optimistic' on North Korea, adding, however, that he doesn't want to be 'rich and in jail'.Jim...Read More
Recently we talked about why Millennials aren't buying a house at the same rate as their Boomer and Gen X parents. Today, let's talk about how Boomers and Gen Xers are actually Continue...Read More
"Part of what gold does is it protects us from our own worst instincts."Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global oppo...Read More
President Trump's second summit with North Korean leader Kim Jong-Un last week was criticized by both parties in Washington long before Air Force One even touched down in Hanoi. Washington's political class seemed terrified that the nearly 70 year state of "war" with North Korea might actually end. In the end the only positive thing they could say about the meeting was that Trump apparently walked...Read More
The company reported 190 out of 195 drill holes have shown near-surface silver mineralization. We are barely into the third month of the year, but New Pacific Metals Corp. (NUAG:TSX.V; NUPMF:OTCQX) has been moving nonstop, announcing major land expansion news and off-the-charts drill results.In January, the company announced a major land expansion of its Silver Sands project in Bolivia though an...Read More
Sector expert Michael Ballanger reflects on the implications of recent market moves. The 2018-2019 bear market rally that we identified during the last week of 2018 via the 2019 Forecast Issue, entitled "2019: Mayhem, Misallocation and the Mockery of True Price Discovery," is now on record as one of the most ferocious rallies ever recorded, as short sellers are being carried out on stretchers and...Read More
Technical analyst Clive Maund discusses gold's recent price decline and how that could be setting it up for a sustainable breakout. The rather sharp drop in gold late last week, especially on Friday, came as something as a shock to many investors in the sector, yet as we will proceed to see it was set up to react back here or soon, and a period of consolidation or reaction at around this level wi...Read More
Technical analyst Clive Maund charts silver and discusses the factors behind its price decline. Silver fell sharply on Friday after dropping on Wednesday and Thursday, and the reason it fell so sharply can be seen on its latest 6-month chart below which shows that it breached its parabolic uptrend, which had become too steep, this differed from gold whosesimilar parabolic uptrend held, for now. W...Read More
Technical analyst Clive Maund explains why he believes both the fundamental and technical outlooks for this company look strong. Lion One's Tuvatu ProjectLion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) is certainly showing signs that it is turning up here, and so it should given the company's steadily improving fundamentals and the brightening outlook for the sector, notwithstanding any modest near...Read More
MikeGleason: It is my privilege now to welcomein Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps most well-known trendsforecaster in the world and it's always a joy to speak with him.Mr. Celente, thanks for the time again today andwelcome back.GeraldCelente: Oh, thanks for having me on, Mike.MikeGleason: Well, Gerald, the Trends Journal is forecasting Economic9/11...Read More
StrengthsThe best performing metal this week was palladium, up 2.81 percent with continued price strength. Gold traders were split between bullish, bearish and neutral on the yellow metal this week as prices struggled to recover and posted a monthly loss for February. Lawmakers in Romania are drafting legislation aiming to repatriate the country's gold stored in the United Kingdom. The bill is t...Read More
"A generation from now, Americans may marvel at the complacency that assumed the dollar's dominance would never end." Floyd Norris, chief financial correspondent, New York Times, 2/2/2007 "Capitalism without bankruptcy is like Christianity without hell." Frank Borman, NASA Astronaut Gemini 7, CDR Apollo, CEO Eastern Airlines, April 1986 "The generally accepted view is that markets are always r...Read More