"We expect another five years or so of the bear, which means capped price rallies, and lots of sideways price action," Continue...Read More
It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.Continue...Read More
Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished down slightly on Friday after three days of gains. Amazon.com Inc. rose 3.6% and opened at an all-time high on Friday. Microsoft Corp. rose 1.6% Friday after earnings topped Wall Street forecasts.For the week the Dow declined 0.62%, the S&P 500 dropped 0.01% and the Nasdaq slid...Read More
Adam HamiltonArchivesApr 27, 2018 The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May...Read More
Global stocks marched higher Friday, following a tech-led rebound on Wall Street, helping set European stocks up for solid early gains as investors cheer a robust week of corporate earnings and an easing of political tensions on the Korean peninsula. Europe's Stoxx 600 index, the broadest measure of share prices, was marked 0.12% higher in early trading as Germany's benchmarks DAX index gained 0...Read More
Investing.com - Gold prices held steady in early morning European trade on Friday as investors looked ahead to U.S. data on first quarter economic growth.Comex gold futures slipped $0.80, or 0.06%, at $1,317.100 a troy ounce by 3:33AM ET (7:34GMT). The preliminary reading of first-quarter U.S. GDP at 8:30AM ET (12:30GMT) is expected to show the economy expanded 2.0%, down from the fourth quarter g...Read More
Silver is selling off as bulls are weak.Speculators covered massively their shorts over April 10-17, the CFTC shows.ETF investors took advantage of the rally to exit their long positions, FastMarkets estimate.The rally is delayed but it is still coming.I continue to consider a long position in SIVR. Home Alone Introduction Welcome to my Silver Weekly. In this brief report, I wish to discuss my vie...Read More
Mike Gleason: It is my privilege now to be joined by a man who needs little introduction,Marc Faber, editor of The Gloom, Boom andDoom Report. Dr. Faber has been a long-time guest on financial showsthroughout the world, and is a well-known Austrian economist and investmentadvisor, and it's a tremendous honor to have him on with us today.Dr. Faber, thanks so muchfor joining us again, and, how are y...Read More
The gold miners’ stockshave mostly been consolidating low this year, exacerbating bearishsentiment. Even with gold grindinghigher in a solid uptrend and nearing a major upside breakout, the gold stocksjust can’t get any love. But that may beabout to change, with gold and its miners’ stocks in the midst of their springrally. Strong seasonal tailwinds makeMay one...Read More
As the yield on the 10Y US Treasury note broke above the 3.00% Maginot Line this week (for the first time since Jan 2014), traders piled on - pushing net Continue...Read More
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-...Read More
"We have to keep the House because if we listen to Maxine Waters, she's going around saying 'We will impeach him,' " Trump said at a recent rally in Michigan Continue...Read More
"We have not seen anything like this since the Presidency of John F. Kennedy (JFK), when CIA Director Allen Dulles attacked him, and we saw what happened there. There is crystal clear evidence that the CIA was, at least, involved with the cover-up of the JFK assassination. Now, we have the same thing happening again."Read More
Ontario's 1970 Commission on the Healing Arts prophetically warned that "society would not regard as sufficient, the amount of health goods and services that couldContinue...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort225,80489,15854,354175,715337,515455,873481,027Change from Prior Reporting Period -11,48414,9391,8542,180-21,282-7,450-4,489Traders18785804455270185 Small Speculators LongShortOpen Interest 50,53725,383506,410 3,631670-3,819 non reportable positionsChange from the previous report...Read More
- Gold mining shares require timing and are speculative- Gold mining: "maximising risk, while minimising reward"- Gold mining is increasingly complicated, difficult & much riskier- Easier, more cost efficient and safer to buy physical gold than mining stocks- "If your strategy is buy and hold, or buy and forget, go for the metal, not the miners"- Owning allocated and segregated gold is a hedge...Read More
Althoughthe dollar traded fractionally lower on the day, it is the highs achieved todayalong with the inability to sustain those new price highs that created a singleday candlestick known as a shooting star.Thiscandlestick is a member of the umbrellagroup of patterns, which contain the hammer, hangman, inverted hammer, andshooting star. The hammer and hangman, as well as the shooting star andinver...Read More
Canada's Lucara Diamond (TSX:LUC) announced today the recovery of another big diamond from its 100% owned Karowe Mine located in Botswana.The rock weighed 327 carats and it is a top white gem diamond. According to the miner, eight diamonds greater than 100 carats have now been recovered at Karowe since the beginning of the year. This includes the 472-carat diamond found earlier this month, which w...Read More
A negative earnings reaction for XOM dragged on the blue-chip indexU.S. stocks finished the day mixed, though all three major indexes explored territory on both sides of breakeven. The Dow underperformed its peers, after Exxon Mobil (XOM) sold off after earnings, while the Nasdaq erased a big lead to close near the flatline. What's more, the Dow, S&P, and Nasdaq all closed lower on the week. Big e...Read More
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/FED UP AGAINFederal Reserve policymakers meet on May 1-2 after raising rates in March and signalling at least two more 25 basis point increases were in the offing this year. Some economists expect three.The Fed is unlikely to raise rates...Read More