May 16, 2018 Guest(s): E.B. Tucker Being contrarian can prove profitable, especially when it comes to gold, this according to E.B. Tucker, editor of the Casey Report. Tucker said that contrary to popular opinion, rising rates can be good for gold, whereas stocks can be harmed."You have to think differently to make money. If you think like everyone else, you're never going to make any money. So...Read More
May 16, 2018 Guest(s): Ian Williams CEO, Charteris Ian Williams, CEO of Charteris, one of the best performing funds in the U.K. across all sectors, noted that the precious metals space has been plagued by investor disinterest over the last few years, but may see renewed interest now at a time when equities over at an all time high and are overvalued. Williams' precious metals fund is weighted 65...Read More
May 16, 2018 Guest(s): Marco Streng CEO, Co-Founder, Genesis Group The visionary behind Genesis Mining - the world's largest cloud bitcoin miner has a strong response for billionaire investor Warren Buffett, who just last week called the crypto currency, "rat poison squared.""He really doesn't understand it technically enough to make a judgment like that," said Marco Streng, the CEO of Genesis d...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:RGLAUDDescriptionRiversgold Ltd are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial05/15/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$9.13M$9.13M05/15/2018$0.00MTotal Assets:$5.99M$5.99M05/15/2018$0.0...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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 often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
By Ira Epstein10-Year Notes move to yield 3.1% and sinks metals in the process.https://www.iraepstein.com/ Read More
Gold fell through important support on Tuesday after a surge in the dollar and U.S. bond yields in theContinue...Read More
May 17, 2018 Guest(s): Gianni Kovacevic In the age of electrification, copper wins, this according to Gianni Kovacevic, Executive Chairman of CopperBank. "Today, 80% of the energy mix is fossil fuels, 20% is electricity. But in the future, all ends up in electricity. The current 20%, it took 120 years to get there. We're going to accelerate...what's going to make that possible? It's not gold, i...Read More
Are central banks walking the global economy right into a deflationary trap? Inflation indicators that were setting off warning alarms at the beginning of the year have faded away.Continue...Read More
Billionaire investment managers Ray Dalio and John Paulson kept their faith in gold even while interest rates kept rising Continue...Read More
"Mountain Morels!!! About to sautee them with brown sugar and cinnamon and see how that turns out."Continue...Read More
Henning GloysteinSINGAPORE (Reuters) - Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid strong demand.Brent crude futures LCOc1, the international benchmark for oil prices, were at $78.37 per barrel at 0028 GMT, up 14 cents from their last close and not far off a three-and-a-half year high of $78.53 a barrel reache...Read More
David LawderWASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Monday that none of the contentious issues in a new NAFTA trade deal appear to have been resolved, diminishing chances of meeting a Thursday deadline to notify U.S. lawmakers of an agreement.If the notification is not sent by May 17, U.S. House Speaker Paul Ryan has said that the Republican-controlled Congress likely wo...Read More
TOKYO (Reuters) - The United States and China are still “very far apart” on resolving trade frictions, U.S. Ambassador to China Terry Branstad said on Tuesday.“China agreed to do a lot of opening up when they joined the World Trade Organization but a lot of the promises were not fulfilled,” Branstad said at a conference in Tokyo.“We want a timetable. We want to see th...Read More
(Kitco News) - The argument that when interest rates go up, gold goes down is a “totally fallacious” one, said Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.“I don't believe the argument, but it's an argument that's made … Interest rates go up, gold doesn't go up, it's totally fallacious. But you get it in the markets,” Sprott said durin...Read More
By Ambrose Evans-Pritchard, Daily TelegraphFirebrand populists of Left and Right are poised to take power in Italy, forming the first "anti-system" government in a major West European state since the Second World War.Source: Wikimedia CommonsLeaders of the radical Five Star Movement and the anti-euro Lega party have been meeting to put the finishing touches on a coalition of outsiders, the "nigh...Read More
The US wants a major chunk of the investments in North Korea if a deal is reached on nuclear disarmament. This is my view for North Korea. Iran wanted to abandon the US dollar for crude oil pricing with cancelling of nuclear deal as a fall out. Trump further has reversed the ZTE Corp order so that it can negotiate with the Chinese. Gold bulls are caught between the devil and deep sea. On one han...Read More
Gold is trading under pressure today, with the most active June futures currently down $7.20, and fixed at $1,313.60. However, unlike many recent trading days, today’s lower pricing is not a direct result of a stronger U.S. dollar. Instead, the majority of today’s lower pricing is due to risk-on sentiment created from an extended rally in U.S. equities.Spot gold closed $4.80 lower on t...Read More
Oil prices rose again following an updated OPEC forecastStocks jumped out of the gate this morning, thanks to a diplomatic trade tweet from President Donald Trump, which eased tensions between the U.S. and China and lifted several optical component stocks. The major indexes went on to lose momentum in what turned out to be a low-volume session, with the S&P 500 and Nasdaq both briefly dipping into...Read More
David Lawder, Karen FreifeldWASHINGTON (Reuters) - The U.S. Commerce Department is exploring “alternative remedies” to punish Chinese telecommunication company ZTE Corp for flouting U.S. sanctions on trade with Iran after President Donald Trump intervened, Commerce Secretary Wilbur Ross said on Monday.But enforcement of the sanctions infraction is a separate issue from high-level talks...Read More