Continue...Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to invest...Read More
CloseGain/LossGold $1230.30-$2.30Silver$14.62-$0.05XAU64.72-4.86%HUI143.41-6.05%GDM529.19-4.34%JSE Gold1200.51-9.70USD96.63+0.26Euro113.75-0.23Yen89.02+0.02Oil$67.33+$0.5110-Year3.124%+0.020T-Bond138.65625-0.125Dow24984.55+1.63%Nasdaq7318.34+2.95%S&P2705.57+1.86% The Metals: Gold gained $6.50 to $1239.10 in Asia before it dropped back to $1230.40 at about 4AM EST and then...Read More
Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal?Only One Notch Above Being JunkItalian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry. "...Read More
CloseGain/LossGold $1230.30-$2.30Silver$14.62-$0.05XAU64.72-4.86%HUI143.41-6.05%GDM529.19-4.34%JSE Gold1200.51-9.70USD96.63+0.26Euro113.75-0.23Yen89.02+0.02Oil$67.33+$0.5110-Year3.124%+0.020T-Bond138.65625-0.125Dow24984.55+1.63%Nasdaq7318.34+2.95%S&P2705.57+1.86% The Metals: Gold gained $6.50 to $1239.10 in Asia before it dropped back to $1230.40 at about 4AM EST and then...Read More
By Jordan Roy-Byrne CMT, MFTA The US$ index is breaking higher. Its trading at 96.41 as we pen this. A daily close above 96.61 marks a new 52-week high and puts the dollar in position to eventually retest its bull market high at 104. If this strength continues then the relief rally in precious metals could be over. So why is that a bullish catalyst for Gold? First, we know that a real bul...Read More
By PlungerIn light of the volatile market action since my last report two weeks ago I am dedicating this report towards the big picture view. I have been presenting the post bubble contraction (PBC) model to you all year long, however I am convinced many still don't recognize this is actually playing out before their eyes. The noise of daily news events and market commentary has the effect of...Read More
600 points. Dow plunged so much yesterday. The S&P 500 and Nasdaq also suffered. The persistence of losses is disturbing. Should, then, gold shine? Bears Are Back in Town The stock market sell-off continues. Yesterday, the Dow Jones Industrial Average dropped more than 600 points. It means that the index erased all of its 2018 gains, as one can see in the chart below. Similarly, the S&P 500 fe...Read More
By Avi Gilburt When we see a large market move occur which surprises you, what do you do? The first thing you likely do is go on the internet to read the financial news so that you can "understand" what just happened.And, what does the news present to you? Well, the news presents to you what the market did and what the "cause" of that move was based upon what hit the news wires that day. In oth...Read More
It may have felt like stocks were free-falling Wednesday, but for many of us who were short, making 'easy' money was like pulling teeth for most of the day. The broad averages jerked around for hours after falling hard in the early going. As the morning wore on, it felt at times as though DaBoyz were going to muscle shares back to unchanged. They failed at this, however, because shorts hung toug...Read More
COLORADO SPRINGS, Oct. 25, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for October 2018 payable on November 23, 2018 to shareholders of record as of November 12, 2018. The Company is proud to note that this dividend marks the one hundredth consecutive mont...Read More
CloseGain/LossGold $1230.30-$2.30Silver$14.62-$0.05XAU64.72-4.86%HUI143.41-6.05%GDM529.19-4.34%JSE Gold1200.51-9.70USD96.63+0.26Euro113.75-0.23Yen89.02+0.02Oil$67.33+$0.5110-Year3.124%+0.020T-Bond138.65625-0.125Dow24984.55+1.63%Nasdaq7318.34+2.95%S&P2705.57+1.86% The Metals: Gold gained $6.50 to $1239.10 in Asia before it dropped back to $1230.40 at about 4AM EST and then...Read More
- Is Dublin's property market heading for a soft landing?- Increasing fears the latest housing boom could foreshadow another slump as reported in the Financial Times- 68 per cent of prime properties in Dublin 4 and 6 have cut prices- "I doubt it will be 'soft' ... My suspicion is that it'll hurt like hell..." warned Karl Deeter of Irish Mortgage BrokersExcerpt via FT:Over the past five year...Read More
Any time there's a big correction in the market, there's a temptation to fear the worst-case scenario. Since the most recent worst-case scenario-the 2008 financial crisis-happened to be one of the worst in modern history, psychologically speaking we are all pretty doomed to judge the likelihood of another 2008-like financial crisis with a much higher probability. This is commonly referred to as th...Read More
This is a very emotional subject, pensions. Politicians and unions promised pensions they had no way to fund for the last 40 years and the bill has come due. It’s not just bad for taxpayers, it’s bad for pensioners. If you think local governments won't take away the pensions they promised, you clearly aren't paying attention.The face of retirement changed when Nixon took the dollar off...Read More
I can’t believe I’m actually saying this...But I believe the price of natural gas could DOUBLE in the next three months.That’s right.The theory behind my call is simple. All that is required is just a couple months of colder than normal weather.And the best part... Investors that are positioned correctly could soon see a sizeable payday.Let me explain...As of today, the amount of...Read More
Oct 26, 2018 Guest(s): Robert Kiyosaki (RERUN) - Robert Kiyosaki, famed author of the New York Times bestseller "Rich Dad, Poor Dad," does not consider gold an "investment," but rather, the only form of currency he considers "real." His new book, "FAKE: Fake Money, Fake Teachers, Fake Assets," due for release in April, 2019, documents the difference between real and fake assets, and he likens g...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/botto...We've been watching quite a few pattern shifts over the last year or so. These were warning us that a market breakdown was in the works. Over the last few weeks, it's become more apparent as most stock market indexes are below the beginning of the year levels. We got that warning on October 3rd when interest rates broke out to the...Read More
00:40 - Too early to draw any conclusions from recent market action.02:00 - A liquidity crisis will hit stocks including gold stocks.03:40 - Optimistic about uranium stocks but be selective.05:10 - Previous uranium bull market performance.06:45 - Utility companies are very tight-lipped.08:05 - Value proposition of uranium juniors.09:20 - Uranium stock picking strategies.11:30 - Vanadium outlook an...Read More
The US$ index is breaking higher. Its trading at 96.41 as we pen this. A daily close above 96.61 marks a new 52-week high and puts the dollar Continue...Read More