Russian authorities and major telecom operators are preparing to disconnect the country from the world wide web as part of an exercise to prepare for future cyber attacks, Continue...Read More
Jordan Roy-Byrne, Founder of The Daily Gold shares his insights on how the US markets and USD are holding the PM prices in check. He outlines what needs to happen for gold to break to the upside. We also spend some time on the gold to US markets and gold to silver charts.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher an...Read More
Peter Schiff on InfoWars with Alex Jones discussing Alexandria Ocasio-Cortez' Green New Deal 2/14/2019Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted oft...Read More
I just gave my second keynote for a major, top-secret crypto conference. It was SO secret, the organizer didn't disclose the location on the website and only let us know Continue...Read More
MRC analysts examining all coverage on ABC's World News Tonight, the CBS Evening News, and the NBC Nightly NewsContinue...Read More
"Blessed are the young, for they shall inherit the national debt."- Herbert HooverToday we pause to acknowledge a sad mile marker… another waypoint on the road to the poorhouse...This week - for the first time in its 244 years - total United States debt exceeds $22 trillion.The last $2 trillion has piled on since Mr. Trump donned the imperial purple.The United States required 205 years to ri...Read More
Euro Pacific Capital's Peter Schiff joins Tom Woods to take listener questions (submitted via the Tom Woods Show Elite private group), including (1) what sectors tend to get hit the hardest or hit the least during downturns, including our next one? (2) what can people who aren't wealthy do to protect the savings they do have? (3) what did you tell those Occupy Wall Street protesters, and would you...Read More
Gold breaks to the downside, hits 2-day lows The yellow metal reversed sharply, falling $10 from day’s highs. Price remains in short-term range, still above key MA but the bearish momentum is intensifying. Gold reached earlier today at $1,318/oz the highest level since February 4. When the US dollar started to rise across the board, XAU/USD pulled back to the $1,310 a...Read More
By: Craig Hemke With our initial price goals for 2019 having been achieved, COMEX gold and silver are now in their first pullback phase of the year. How long will it last and what are the next upside price targets?If you've been following along every week, then you'll recall that we were quite adamant regarding a year-end 2018 and Q1 2019 price rally for both gold and silver. From the November...Read More
By: Ira EpsteinGold (and silver) continues to hold in key support zone of 18-Day Moving Average of Closes. China buying more gold again. Supportive of the gold market. Gold drifting sideways..Read More
By: Jordan Roy-Byrne CMT, MFTAGold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged abov...Read More
By: Stewart Thomson, Graceland Updates: 1. Is the latest tiny price correction in gold already done? 2. Please click here now. Double-click to enlarge this daily gold chart. The uptrend looks majestic, and especially so in the face of the dollar's strength against the euro and the yen.3. Whether gold rallies from the current $1306 support zone or from $1280 is not imp...Read More
The Indoos stalled Monday almost precisely at the 25,440 midpoint Hidden Pivot shown. Buyers subsequently gave up almost no ground, setting up a likely move past the resistance on Wednesday. If it's decisively exceeded, that would all but clinch more upside to the 25,998 target. This was already no worse than an even-odds bet because the initial thrust, labeled A-B in the chart, exceeded two...Read More
ATVI and FCX were two of the best S&P stocks todayU.S. stocks rose again today, with the Dow posting another triple-digit victory. Mostly, the gains were fueled by the same tailwinds from Tuesday, namely the tentative budget dealto avoid a government shutdown, and potential flexibility for the March 1 trade deadline with China. Big days from Activision Blizzard (ATVI) and Freeport-McMoRan (FCX) gu...Read More
The brokerage firm expects a big announcement from the companyU.S. stocks are higher today on positive trade headlines. Among individual names on the move are farm equipment maker Deere & Company (NYSE:DE), connectivity equipment expert Aquantia Corp (NYSE:AQ), and energy infrastructure specialist Clearway Energy Inc (NYSE:CWEN). Here's a quick look at what's moving the shares of DE, AQ, and CWEN....Read More
Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of gold produced was $659. (All monetary figures are U.S. dollars.)For the full year, metal production totaled 201,095 oz. of gold and 36.7 million lb. of copper. The...Read More
The Dow name enjoyed a 2.5% lift following its October earnings reportDow name The Coca-Cola Co (NYSE:KO) is scheduled to report fourth-quarter earnings ahead of the bell tomorrow, Feb. 14. Below, we will dive into how KO has been faring on the charts, and take a look at what the options market is pricing in for the shares' post-earnings move. Last seen trading up 0.1% at $49.69 -- and within str...Read More
Newcrest Mining Ltd, Australia's top gold miner, on Thursday said its first-half profit more than doubled, buoyed by record gold and copper production at its Cadia operations.First-half results were also boosted by a weakening of the Australian dollar, which helped control costs at its Australian operations, the company said.Copper production during the first-half came in at 51.8 thousand tonnes,...Read More
Near-term put contracts are popular todayIt seems a Seeking Alpha article deeming El Pollo LoCo Holdings, Inc. (NASDAQ:LOCO) "uninvestible" is sinking the stock today. LOCO shares were last seen down 3.7% at $14.74, and put volume has exploded, with nearly 6,000 contracts crossing so far, compared to a daily average of just 162. Signs point to buy-to-open activity at the February 15 and March 13 p...Read More
Gold futures finished higher for a second consecutive session on Wednesday, but pared much of their earlier gains as traders tracked moves in the benchmark dollar index, the latest developments in the U.S.-China trade dispute and efforts to avoid another partial U.S. government shutdown. "The 'risk-on' vibe sweeping across global markets and the stabilizing U.S. dollar are bad news for gold which...Read More