By Frank HolmesStrengths? The best performing metal this week was platinum, up 1.82 percent as hedge funds cut their net bearish position to a five-month low this week. For the eighth consecutive week, gold analysts and traders have reported holding a bullish outlook on the yellow metal in Bloomberg's weekly survey. This attitude is supported by gold being on its best run in six...Read More
By Keith Weiner"You can't eat gold." The enemies of gold often unleash this little zinger, as if it dismisses the idea of owning gold and indeed the whole gold standard. It is a fact, you cannot eat gold. However, it dismisses nothing.This gives us an idea. Let's tie three facts together. One, you can't eat gold. Two, gold is in backwardation in Switzerland. And three, speculation is a bet on th...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12October 15, 2018 "There are three ways to make a living in this business: be first, be smarter, or cheat."- John Tuld, played by Jeremy Irons in Margin Call (2011) "If we're right, people lose homes. People lose jobs. People los...Read More
Thursday last week was a momentous day for the Precious Metals sector with gold, GDX and other ?ndices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stockmarket was crashing. This is viewed as a strong sign that instead of being dragged lower still by a crashing stockmarket, the PM sector wil...Read More
By Larry LaBorde Once again the lovely Miss Puddy accompanied me to the beach on the Florida panhandle for a week of rest and relaxation. The end of September is the perfect time for the beach in Florida as it is not too hot but still nice and warm with gentle sea breezes every afternoon. The crowds have also gone and the traffic is much better. Unfortunately hurricane Michael did not get...Read More
By Avi GilburtI think we have all seen many episodes of fake news in the media when it comes to politics. However, what is even more pervasive is fake news in financial analysis. And, I was urged to write this quick public note to set the record straight.I have railed for years against those analysts who have pointed to news events to explain what has happened in the market, especially as an exc...Read More
"It Always Pays To Hold Some Gold"by John Stepek of Money Week"We have interest rates going up at a clip that's much faster than certainly a lot of people, including myself, would have anticipated. I think the Fed is out of control."Central banks are independent, in theory. But that won't stop the president of the US from giving his full and frank opinion on their performance.Gold Britannias 201...Read More
VANCOUVER , Oct. 15, 2018 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce a number of financing transactions intended to improve free cashflow during early production at the Company's Moss Mine. Highlights of the transactions include:Sprott Resource Lending amends monthly principal payments from US$1,111,111 to...Read More
Full Article: DEFICITS, RATES & GOLD TO REACH VERTIGINOUS HEIGHTSBy: Egon von GreyerzThe end of an empire is a dramatic but also drawn out event with very few willing to face the facts. As the end is getting closer, denial is at its peak. We can probably figure out how it will end but not quite when. Looking at the facts, the beginning of the end is here. The signs are clear. Here we have a coun...Read More
Peter KrauthThe latest gold price rally is finally breaking out like I've been expecting, and it's not slowing down soon.The price of gold soared $30 higher on Thursday (Oct. 11).Odds are a short squeeze in the futures market helped power the metal as stocks sold off dramatically. Speculators have been massively short gold, and a substantial move like this forces many to cover their positions.Tech...Read More
Dow 40,000?Yes, says the man who in 2016 predicted Dow 25,000.But there is a "catch," this fellow warns.What catch... when can you expect 40,000... and what earthly force could propel the Dow to such preposterous heights?Answers anon.But first a progress report...Our agents inform us that last week's thunder and lightning broke the bullish trend line that has held since 2016.The big question today...Read More
Oct 16, 2018 Guest(s): Ani Markova Vice-President & Portfolio Manager, AGF Investments Gold's greatest merit is still its reliability as an instrument for wealth preservation, said Ani Markova, Vice-President & Portfolio Manager, AGF Investments. "Gold is an asset class that investors should have in their portfolios to diversify them, especially at times when we see equity market volatility,...Read More
Oct 16, 2018 Guest(s): Matthew Mark Director of U.S. Distribution, World Gold Council The long-term drivers of gold account for 60% of the yellow metal's demand, this according to Matthew Mark, Director of U.S. Distribution at the World Gold Council. "When you look at all drivers of demand, between central banks buying gold as a store of value as a reserve currency, investors investing in coins...Read More
*The interview begins at 1:52Gerald 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 ide...Read More
Women (and men, for that matter) are routinely being sexually assaulted by the TSA. Where's the outrage?Continue...Read More
While Larry Kudlow (Treasury Secretary and Chief Economic Cheerleader) assures us that Trump is NOT interfering with the Fed, our dear president has proclaimed that our Central Bank is "crazy" for raising rates.Continue...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Mike "Mish" Shedlock shows why gold is in an incredibly price-bullish setup.Continue...Read More
Despite a powerful U.S. economy, real home price growth is mired in a cyclical downturn.Continue...Read More
The Transportation Security Administration today released its plan to expand the use of biometrics technology as part of its continued effort to enhance security and the traveler experience.Continue...Read More