It’sunimaginable what great progress China made in the last forty years. The riseof such economic power triggered many fears (or hopes) about the futureinternational order. We invite you to read our today’s article about therivalry between China and the US and find whether the Red Dragon will replaceAmerica as a global hegemon. And what would such a shift mean for the goldmarket.The ec...Read More
"The U.S. economy has been the only thing holding up the world."Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. Read More
Jordan Roy-Byrne, Founder of The Daily Gold shares the changes in the charts that are pointing to a much more bullish scenario for the precious metals.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated...Read More
Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. Read More
An interesting story of how cryptocurrencies are saving families from financial ruin and starvation in the collapsing socialist country of VenezuelaContinue...Read More
How would you describe the social mood of the nation and world?Would anti-Establishment, anti-status quo, and anti-globalization be a good start? How about choking on fast-rising debt? Would stagnant growth, stagnant wages be a fair description? Or how about rising wealth/income inequality? Wouldn’t rising disunity and political polarization be accurate?These are all characteristics of the l...Read More
To everything there is a season, Ecclesiastes tells us...Is the economy entering winter?In spring the thrusting saplings of tomorrow shoulder their way out of the earth.Buds form upon the trees. The days lengthen with the late-afternoon shadows.It is the season of possibility.Summer is nature in full flower. It is green. And lush. It is the promise of spring come to fruition.The days are long, the...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
The gold miners' stocks surged strongly this week, blasting to new upleg highs. The mounting gains are naturally driving more interest in this small contrarian sector, shifting sentiment towards bullish. Despite their accelerating rally, gold stocks still remain fairly low technically and deeply undervalued relative to gold. So their strengthening upleg likely has plenty of room to run c...Read More
HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio.Mr. Pento graciously outlines his current portfolio-strategy in detail for the listening audience.One of the few economic pundits to correctly anticipate the market plunge of 2018 on record.Gold and utilities remain favorite long positions, while he is comfortable with a short positi...Read More
By: Ira EpsteinGold still lower-lows, higher-highs...Read More
On Wednesday the Indoos poked marginally above a key peak at 25,908 recorded in December. This would likely have caused a multitude of technical traders and algos to smack their lips with anticipation, since such breakouts, even when slight, are among the most bullish events that can occur on charts. Of course, it could also be a great way for Mr. Market to set a ruinous trap for bulls, since th...Read More
There will be demand in Asia of gold and silver today. If gold and silver continue to fall today also, then jewelers will have a jolly time during the weekend. They will be very busy. There should be good gold jewelery demand tomorrow if gold prices fall today also. Does an end to so called trade war between USA-China imply that it is over for gold bulls? This is the question which I am aski...Read More
As more millennials are interestedin sustainable investments, one "green tech" company is leading the charge on clean drilling.Concerns about climate change and the high cost of energy have driven the maturation of the "Green Technology" movement into a trillion-dollar industry.Socially Responsible Investments (SRIs) are the most popular component of the average millennial's 401K, according to a r...Read More
Speculation around U.S.-China trade talks looks likely to continue The U.S. stock market enjoyed a positive session to help the major indexes cap off another weekly win. For most of the day buyers were in control thanks to upbeat trade buzz, with reports circulating about a potential March meeting between President Donald Trump and Chinese President Xi Jinping -- suggesting the March 1 tariff dead...Read More
Call volume is at an annual peak on both namesThe Dow is sailing toward its longest weekly win streak in 23 years on hopes of a U.S.-China trade deal. Among individual stocks making notable moves are shipping specialist Pitney Bowes Inc. (NYSE:PBI), biopharmaceutical firm Amarin Corporation (NASDAQ:AMRN), and Google parent Alphabet Inc (NASDAQ:GOOGL). Here's a quick look at what's moving the share...Read More
The index hasn't rallied this much during a nine-week surge since 1935The Dow Jones Industrial Average (DJI) is on pace for a 0.5% gain this week, which would mark its ninth straight weekly gain -- something we haven't seen since May 1995. Prior to that, you'd have to go back to 1989 for a similar rally, which was the first of its kind in more than 20 years, per data from Schaeffer's Senior Quanti...Read More
Gold futures settled higher Friday as the dollar weakened, with bullion booking its second straight weekly gain, a day after the metal's largest one-day drop since August. Gold for April delivery on Comex GCJ9, +0.22% gained $5, or 0.4%, to end at $1,332.80 an ounce, while March silver SIH9, +0.53% picked up 11.3 cents, or 0.7%, to finish at $15.914 an ounce. Gold booked a 0.8% weekly rise, while...Read More
Gold futures settled higher Friday as the dollar weakened, with bullion booking its second straight weekly gain, a day after the metal's largest one-day drop since August. Gold for April delivery on Comex GCJ9, -0.10% gained $5, or 0.4%, to end at $1,332.80 an ounce, while March silver SIH9, -0.12% picked up 11.3 cents, or 0.7%, to finish at $15.914 an ounce. Gold booked a 0.8% weekly rise, while...Read More
The Dow is pacing for its best weekly win streak in more than 20 yearsIt was a short but bullish week for U.S. stocks, despite ugly economic data and the Fed's concerns about the economy. The Dow Jones Industrial Average (DJI) just climbed above the 26,000 level for the first time since November, and is pacing for a ninth straight weekly win -- something we haven't seen since May 1995. Likewise, t...Read More