Van Eck Associates Corp. and SolidX Partners Inc. recently filed a request to list a Bitcoin-linked ETP to the U.S. Securities and Exchange Commission Continue...Read More
By a very wide margin, this is the most optimistic that Americans have been about the future since I started The Economic Collapse Blog in late 2009. Continue...Read More
The Justice Department's internal watchdog has discovered that James Comey defied authority multiple times during his tenure as FBI director, according to sourcesContinue...Read More
Technical analyst Clive Maund examines the silver market and explains why he believes this is a good entry point "for all things silver." The silver market has become so quiet that you can hear a pin drop, a most unusual situation in this normally rather volatile metal. What this means is that there is a big move brewing and probably sooner rather than later.For five years now, since 2013, silver...Read More
Technical analyst Clive Maund examines recent movements in the gold market. Gold's breakout from its giant 5-year base pattern has had to wait for the dollar rally to run its course, which it now appears to have done, and this being the case, gold is now free to break out into a major bull market that looks set to dwarf all prior ones. We have in the past described gold's base pattern from 2013 a...Read More
Bob Moriarty of 321 Gold dissects this gold developer's agreement with a large-cap miner that he sees as mutually beneficial. Silver Bull's Sierra Mojada ProjectSilver Bull Resources Inc. (SVB:TSX; SVBL:NYSE.MKT) has made a major change in direction and it seems to be paying off. I wrote about them in November when the price seemed stuck in molasses. SVB has a giant 43-101 resource in silver, lea...Read More
You began investing in precious metals because they represent something honest.Gold and silver are tangible, scarce, and beautiful. People have always recognized them as such. Societies naturally gravitated toward using them as a trusted medium of exchange – money – almost as soon as societies were formed.Over time civilizations have come and gone. The world has seen constant social up...Read More
Gold,silver, and mining stocks moved higher once again yesterday and the former evenmanaged to move above the declining trend channel. Breakouts are bullish andthus the outlook for gold improved significantly… Or did it? Gold’s price interms of the euro and gold’s relative performance to silver and mining stocksmake replying to the above question quite easy. Looking at the relat...Read More
CloseGain/LossGold $1297.10+$0.60Silver$16.68+$0.19XAU83.38+0.40%HUI178.88+0.12%GDM627.82+0.69%JSE Gold1031.20+5.57USD93.66-0.25Euro117.72+0.55Yen90.80-0.36Oil$64.73-$0.7910-Year2.972%+0.052T-Bond143.40625-0.90625Dow25146.39+1.40%Nasdaq7689.24+0.67%S&P2772.35+0.86% The Metals: Gold chopped between $1299.40 and $1294.20 in Asia and London before it climbed to a new session...Read More
CloseGain/LossGold $1297.10+$0.60Silver$16.68+$0.19XAU83.38+0.40%HUI178.88+0.12%GDM627.82+0.69%JSE Gold1031.20+5.57USD93.66-0.25Euro117.72+0.55Yen90.80-0.36Oil$64.73-$0.7910-Year2.972%+0.052T-Bond143.40625-0.90625Dow25146.39+1.40%Nasdaq7689.24+0.67%S&P2772.35+0.86% The Metals: Gold chopped between $1299.40 and $1294.20 in Asia and London before it climbed to a new session...Read More
Gold's breakout from its giant 5-year base pattern has had to wait for the dollar rally to run its course, which it now appears to have done, and this being the case, gold is now free to break out into a major bullmarket that looks set to dwarf all prior ones. We have in the past described gold's base pattern from 2013 as a complex (multi-shouldered) Head-and-Shoulders bottom and while this desc...Read More
By Clint SiegnerYou began investing in precious metals because they represent something honest.Gold and silver are tangible, scarce, and beautiful. People have always recognized them as such. Societies naturally gravitated toward using them as a trusted medium of exchange - money - almost as soon as societies were formed.Over time civilizations have come and gone. The world has seen constant soc...Read More
The Bank for International Settlements has published its May statement of account, giving limited information on its use of gold swaps and other gold-related derivatives during the month:https://www.bis.org/banking/balsheet/statofacc180531.pdfThe information provided by the BIS monthly statements is not sufficient to calculate a precise amount of gold-related derivatives, including swaps, used b...Read More
By Gary TanashianAgree 100%, Charlie.See: Buy in May and Stay InvestedNow, I am not of that ilk personally. My closely held biases are that a) the market's cycles can be interpreted and managed (although my bias also has led me astray at times, in my execution) and b) that the economy, and by extension the markets, are not normal; not your grandpa's economy and markets because they are ginned an...Read More
By Frank HolmesI recently had the opportunity to see the excellent 2017 film Darkest Hour, about British Prime Minister Winston Churchill's struggle to keep the United Kingdom in the fight against the Nazis, even as members of his own government pressured him to capitulate. Gary Oldman's portrayal of the tough-as-nails leader is at turns tender and rousing and very well deserving of the Best Act...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
Gold, silver, and mining stocks moved higher once again yesterday and the former even managed to move above the declining trend channel. Breakouts are bullish and thus the outlook for gold improved significantly... Or did it? Gold's price in terms of the euro and gold's relative performance to silver and mining stocks make replying to the above question quite easy. Looking at the relative price...Read More
by Simon Constable for Middle East EyeTurkey's central bank has accumulated an additional 400 metric tonnes of gold since 2011 (Image via Wikimedia)Turkey's economy has been in a tailspin with an inflationary currency, but the country is using something rare to help stabilise itself: gold.In late 2011, Turkey started to allow commercial banks to use gold instead of the Turkish lira for their req...Read More
CloseGain/LossGold $1297.10+$0.60Silver$16.68+$0.19XAU83.38+0.40%HUI178.88+0.12%GDM627.82+0.69%JSE Gold1031.20+5.57USD93.66-0.25Euro117.72+0.55Yen90.80-0.36Oil$64.73-$0.7910-Year2.972%+0.052T-Bond143.40625-0.90625Dow25146.39+1.40%Nasdaq7689.24+0.67%S&P2772.35+0.86% The Metals: Gold chopped between $1299.40 and $1294.20 in Asia and London before it climbed to a new session...Read More
Full Article: SWOT AnalysisBy: Frank HolmesStrengthsThe best performing metal this week was palladium, up 2.39 percent. In terms of gold, traders and analysts were bullish on the yellow metal this week after being split in the previous week, according to the Bloomberg weekly survey. The bullishness is driven by uncertainty over the future leadership of Italy and Spain, which could lead investors...Read More