A very interesting issue has emerged in California. The price of real estate rose so high that the median price for a home reachedContinue...Read More
Technical analyst Clive Maund charts gold and silver and finds some positive signs. Sponsored ContentRead How This Risk Taking Combat Pilot Become a Successful Investor. Get the Book Now If you want to understand the great mass of investors, you don't need to spend hours reading a book written about a hundred years ago, the best way way to do it is to treat yourself to some time watching sheep. Y...Read More
The ‘Gold as Inflation Hedge’ CanardOn the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold “community”. Per Campbell Harvey in this video with Kitco’s Daniella (dig the flowing golden locks of hair)…“Gold is just too volatile” to be an effective inflation hedge. Well yes sir, you are right. G...Read More
The ‘Gold as Inflation Hedge’ CanardOn the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold “community”. Per Campbell Harvey in this video with Kitco’s Daniella (dig the flowing golden locks of hair)…“Gold is just too volatile” to be an effective inflation hedge. Well yes sir, you are right. G...Read More
The ‘Gold as Inflation Hedge’ CanardOn the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold “community”. Per Campbell Harvey in this video with Kitco’s Daniella (dig the flowing golden locks of hair)…“Gold is just too volatile” to be an effective inflation hedge. Well yes sir, you are right. G...Read More
If you listen closely, you'll hear gold investors whispering that "it's an ill wind that blows no good." That's because, while September may be the worst month of the calendar for stocks, it's the best month for gold. Since it began trading freely in the U.S. in the early 1970s, gold bullion GCZ8, +0.32% has produced an average gain of 2.1% in September. The comparable monthly average for all no...Read More
U.S. stocks and one popular measure of volatility on Wall Street have been moving in lockstep lately, and some market experts think that is an ominous sign. Indeed, the Dow Jones Industrial Average DJIA, +0.09% and the S&P 500 index SPX, -0.28% are on pace to close out August higher, booking their third weekly gains in a row and the best August return in four years, while the Nasdaq Composit...Read More
President Donald Trump has said his tariff strategy is working, and at one point suggested they could eventually help pay down the federal deficit.Economists, however, beg to differ, with imports still on the rise and no end in sight to the growing federal deficit.Javier E. David| @TeflonGeek Published 11:02AM ET Sat,1 Sept 2018Updated6 Hours AgoCNBC.com Johannes Eisele | AFP | Getty ImagesA US...Read More
The Friday Market Minute Global stocks retreat as Trump takes aim at China, Europe, NAFTA and the WTO in Bloomberg TV interview that rattles marketsChina shares lead Asia lower amid trade war concerns even as August factory activity shows modest gains as export orders slow.Europe opens weaker, with autos leading to the downside, after Trump raises the prospect of fresh tariffs and EU Commission...Read More
The euro slipped lower against the U.S. dollar Friday as a closely-watched measure of currency area inflation missed analysts' forecast in a reading that could have significant implications for U.S. interest rates. Eurostat, the region's official statistics office, said consumer prices around the 19 countries that use the European single currency accelerated by an annual rate of 2% in August, mo...Read More
Adam HamiltonArchivesAug 31, 2018 The major silver miners' stocks have been thrashed, pummeled to brutal multi-year lows. They suffered serious collateral damage as silver plunged on gold's breakdown, driven by crazy-extreme all-time-record silver-futures short selling. All this technical carnage left investors reeling, devastating sentiment. The silver miners' recently-reported Q2'18 results reve...Read More
* cpurl://apps.cp./cms/?pageId=stock-index-poll poll data * Forecasts for end-2018 range from 22,000 to 26,000 * U.S. rate hike, weak yen, strong Japan economy positive * Foreigners' net sell remains risk - analystBy Ayai TomisawaTOKYO, Aug 31 (Reuters) - Japanese stocks are forecast torise 5 percent over the rest of this year, with strongercorporate profits expected to underpin sentiment, but sel...Read More
Investing.com - Gold prices gained on Friday as reports that U.S. President Donald Trump was considering plans to impose tariffs on $200 billion in Chinese imports as soon as next week weighed on market sentiment.Gold futures for December delivery was at a trading price of $1,211.5 per troy ounce, up by 0.6%, at 1:10AM ET (05:10 GMT) on the Comex division of the New York Mercantile Exchange.The pr...Read More
The company reported drill results for 13 holes. Sponsored ContentRead How This Risk Taking Combat Pilot Become a Successful Investor. Get the Book Now Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced the drill results from the remaining 13 holes, holes 156-168, from the 22-hole phase 1 resource expansion drill program, totaling 8,265 meters, at its 100%-owned Eastside gold project, locate...Read More
After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier. Although recent gains have met some resistance, the immediate path of least resistance should be higher. Let’s take a look at the key support and resistance levels for the metals and the miners. Gold has retreated after hitting $1220/oz a fe...Read More
Today DSLV 3 X short silver etf, is breaking out from a possible bearish falling wedge. I’m going to take an initial position and buy 150 shares at the market at 34.74 with the sell/stop on a daily close below the 50 day ema which is currently at 30.06. ZSL is a 2 X leveraged etf if you don’t want all the leverage. DSLV can be pretty volatile so take small bites. A backtest to the top...Read More
Max interviews Alasdair Macleod of Goldmoney.com about the move away from the US dollar as the rails upon which global trade rides to a more impartial, less capricious unit of account such as gold.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker,...Read More
01:00 The global currency war heating up10:40 Exposing the constant manipulation of the gold markets17:30 The correlation between the dollar and gold23:40 Trump exposing the Federal Reserve?25:50 Kinesis, reshufling the broken banking system33:40 Can traders capitalize on silver's leverage?Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ab...Read More
"If you look at a duck moving across the water, it looks very graceful. But if you take a picture of what's going on underneath the waterline, you see the duck paddling seriously."Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-deale...Read More
Click Here to Listen to the InterviewEgon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset mana...Read More