Purchases from January to March shrank by 42% from year agoAuspicious Hindu day seen lacking 'crazy, mad rush' of pastGold imports by India, the largest market after China, fell by almost half last month, according to a person familiar with the information, even as jewelers prepare for “decent” sales during an auspicious Hindu day.Shipments plunged 47 percent to 64.2 metric tons in M...Read More
Amazon (AMZN) CEO Jeff Bezos may not have a friend in the White House, but he sure has one in the fellow billionaires club. "I would take Jeff Bezos any day," billionaire and Dallas Mavericks owner Mark Cuban said in an interview. Since President Trump began to ramp up his attacks on Amazon's use of the U.S. Postal service last month, shares of the tech giant have fallen about 12%. Amazon i...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Even with its gains on Monday, the Dow remains more than 2,600 points below its all-time high of 26,616 on Jan. 26.The Dow's jump was led by Merck & Co. (MRK) , Intel Corp. (INTC) , Cisco Systems Inc. (CSCO) and Microsoft Corp. (MSFT) Shares of tech giants Apple Inc. (AAPL) , up 0.99%, and Alphabet Inc. (GOOGL) , up 1%, le...Read More
3 Market Stats You Must Know Right Now Via @BrianSozzi Ahead of Facebook (FB) CEO Mark Zuckerberg's two-day testimony on Tuesday, the social media giant's stock has rallied about 3% off its March 27 lows. The stock has lagged the Nasdaq Composite since mid-January.Friday's big down session in the markets brought the S&P 500 below its key 200-day moving average.Bank stocks remain stuck in the...Read More
Many are expecting gold to rally on a market decline.History has shown gold often rallies along with the equity market.Summary of near term expectations.For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once...Read More
Cuban doesn't mince words when it comes to his opinion of gold.Considering how far off base his supply side argument was, it gives his other statements on gold zero credibility.There are times to hate gold, this is not one of them.Mark Cuban...billionaire, Mav's owner, investor, philanthropist, and future U.S. Presidential candidate?...doesn't mince words when it comes to his opinion of gold....Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comApr 10, 2018The main drivers of global stock, bond, and gold markets are interest rates and demographics. Unfortunately, most investors focus on items that get a lot of media attention but are almost irrelevant to price discovery in the markets.Pleaseclick here now. I’ve predicted t...Read More
CloseGain/LossGold $1340.70+$3.40Silver$16.58+$0.08XAU81.94+1.09%HUI177.21+0.83%GDM621.01+1.18%JSE Gold1089.78-21.23USD89.62-0.22Euro123.57+0.36Yen93.24-0.47Oil$65.51+$2.0910-Year2.793%+0.013T-Bond145.90625-0.15625Dow24408.00+1.79%Nasdaq7094.30+2.07%S&P2656.87+1.67% The Metals: Gold dipped $6 to $1331.30 in Asia before it bounced up to $1342.40 in early afternoon New York...Read More
"This bubble's going to burst."Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted...Read More
By Ira EpsteinGold prepares for US attack on Syria. https://www.iraepstein.com/ Read More
London Analyst Alasdair MacLeod tells Silver Doctors the only safe hedge is 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, banker and economist. Read More
By Jeff ClarkIt's a relatively quiet trend, but the most active of investors hedge funds and traders are aggressively putting gold hedges in place.It shouldn't really be a surprise, given the recent spike in volatility in the stock market. It hasn't been reported much in the mainstream, but an increasing number of people who make their living from investing are betting on gold.We've shown this d...Read More
Technical analyst Clive Maund discusses a gold explorer that he believes is at a good entry point.The purpose of this update is to point out that Golden Ridge Resources Ltd. (GLDN:TSX.V), which we recommended back on 17th March, continues to look attractive here. Since we looked at it, it has made a run at the resistance at the top of its base pattern on good volume, and then reacted back on much...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
By Craig HemkeThere has been some revisionist history written lately regarding the gold price smash of September 2011. Since we at TFMR were paying close attention at the time, we are in the unique position of reminding everyone what really happened. First, there was recently a theory put forth by a hedge fund manager that GOFO rates and physical supply somehow led to the smash that began in the...Read More
Technical analyst Clive Maund charts a gold explorer with an active drill season coming up.Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTC.MKTS) looks like a very attractive speculative gold investment here for three big reasons one is that, as we will see, it is at the support of a long-term trendline that goes back years, two is that its drill programs in the northern wastes are highly weather depende...Read More
There are some unprecedented events occurring in the precious metals markets right now - find out about the four biggest signs for silver in this delayed preview of Mike Maloney's Insiders Report (made available to customers on April 3, 2018). Find out more about becoming a GoldSilver.com Insider here: https://goldsilver.com/insider-program/Michael Maloney is a precious metals investment expert an...Read More
By Bill HolterWe are hearing daily about the possibility of "trade wars". It is this possibility that is being blamed for the increased volatility (read markets dropping), but I do not believe it is the only factor. In fact, equity markets began their upset as interest rates marched higher and prior to any talk of trade wars. Of course other factors exist such as cross currency rates (which dire...Read More
CloseGain/LossGold $1340.70+$3.40Silver$16.58+$0.08XAU81.94+1.09%HUI177.21+0.83%GDM621.01+1.18%JSE Gold1089.78-21.23USD89.62-0.22Euro123.57+0.36Yen93.24-0.47Oil$65.51+$2.0910-Year2.793%+0.013T-Bond145.90625-0.15625Dow24408.00+1.79%Nasdaq7094.30+2.07%S&P2656.87+1.67% The Metals: Gold dipped $6 to $1331.30 in Asia before it bounced up to $1342.40 in early afternoon New York...Read More
Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver.Our proprietary cycle indicator is up. Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more...Read More