Marc Faber says the U.S. Dollar's strength will not last long. "The last thing the U.S. administration wants today is to have a strong Dollar."Right now, investors are geared towards equities and cryptocurrencies. However, Faber expects within a few years investors will turn towards gold and silver.Faber does not have faith in most cryptocurrencies. While he says blockchain technology is here to s...Read More
Click Here to Listen to the Interview - *the interview begins at 5:21Dr Faber has some alarming things to say about how America's foreign policies may have disastrous implications for the U.S. and global economies, and for the dollar. He also weighs in on which asset class, crypto-currencies or precious metals, will ultimately will be the major benefactor of all of the pending geopolitical unrest...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
Technical analyst Clive Maund takes a look at the prospect of a growing interest rate differential between the U.S. and the rest of the world and what that means to the dollar. The latest dollar Hedgers charts make clear that the dollar is unlikely to drop soon, and that it is more likely that the recent rally will continue. How can that be, given the U.S. has proportionally more debt than most o...Read More
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 Nathan McDonaldHistoric. Simply historic. "We solemnly declare to our 80m Koreans and the world that there will no more war [sic] on the Korean peninsula and a new era of peace has begun." "It is our urgent historic assignment to put an end to this current abnormal state of ceasefire and establish a peace regime." "We have agreed to share a firm determination to open a new era in which all Ko...Read More
Precious metals expert Michael Ballanger discusses the U.S. dollar, the Fed, gold and silver. When I was a young lad long before Atari video games and during the era of rotary telephones, hula hoops, and Red Ball Jets running shoes, I used to love to read Action Comics that featured the original "Superman" created by Jerry Siegel and Joe Shuster. All of the kids on the block used to idolize Super...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
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 one of the best months of...Read More
CloseGain/LossOn WeekGold $1323.60+$6.10-0.90%Silver$16.52UNCH-3.56%XAU82.93+0.49%-2.57%HUI182.04+0.84%-1.16%GDM634.13+0.61%-0.40%JSE Gold1095.67+0.56-0.70%USD91.51-0.08+1.31%Euro121.28+0.22-1.31%Yen91.75+0.15-1.38%Oil$68.10-$0.03-0.41%10-Year2.959%-0.023UNCHBond143.1875+0.8125+0.13%Dow24311.19-0.05%-0.62%Nasdaq7119.80+0.02%-0.37%S&P2669.91+0.11%-0.01% The Metals: Gold fe...Read More
Goldbehaves like a currency. This has extremely important consequence: gold cannotbe valued like assets which generate cash flows or even as commodities whosevalue can be at least estimated looking at the balance of demand and supply.Does it mean that gold is a mere speculation play? No! You have to remember that gold belongs to the currencies. Asthey have no cash flows, they cannot be valued, but...Read More
As a general rule, the most successful man in life is the man who has the best informationIf trade wars and actual shooting wars (Syria, Yemen) weren't enough for the world economy to worry about, pressuring stock markets and threatening to derail robust global economic growth, there is another elephant in the room looking to stomp on traders, investors and everyday consumers, and that is a curr...Read More
CloseGain/LossOn WeekGold $1323.60+$6.10-0.90%Silver$16.52UNCH-3.56%XAU82.93+0.49%-2.57%HUI182.04+0.84%-1.16%GDM634.13+0.61%-0.40%JSE Gold1095.67+0.56-0.70%USD91.51-0.08+1.31%Euro121.28+0.22-1.31%Yen91.75+0.15-1.38%Oil$68.10-$0.03-0.41%10-Year2.959%-0.023UNCHBond143.1875+0.8125+0.13%Dow24311.19-0.05%-0.62%Nasdaq7119.80+0.02%-0.37%S&P2669.91+0.11%-0.01% The Metals: Gold fe...Read More
Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a mere speculation play? No! You have to remember that gold belongs to the currencies. As they have no cash flows, they cannot be valu...Read More
CloseGain/LossOn WeekGold $1323.60+$6.10-0.90%Silver$16.52UNCH-3.56%XAU82.93+0.49%-2.57%HUI182.04+0.84%-1.16%GDM634.13+0.61%-0.40%JSE Gold1095.67+0.56-0.70%USD91.51-0.08+1.31%Euro121.28+0.22-1.31%Yen91.75+0.15-1.38%Oil$68.10-$0.03-0.41%10-Year2.959%-0.023UNCHBond143.1875+0.8125+0.13%Dow24311.19-0.05%-0.62%Nasdaq7119.80+0.02%-0.37%S&P2669.91+0.11%-0.01% The Metals: Gold fe...Read More
Full Article: AS GOLD BREAKS OUT - THE WORLD IS ON THE PRECIPICEBy: Egon von GreyerzAs the world is standing on the precipice of a total breakdown, both economically and geopolitically, an obvious question is: "Where is the money coming from" to save the world from perdition. The same question was asked to Maharishi Mahesh Yogi in the 1970s when he was starting a global spiritual project. Maha...Read More
By Steve St. AngeloThe U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply. According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month. This was an interesting increase in gold demand from Hong Kong as the market price increased slightly month over month.Not on...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
Back in 2005 a reporter took a tour of General Motors' headquarters, and in the resulting article one thing stood out: The executives and engineers the reporter interviewed were only modestly enthused about their sedans and sub-compacts. But they really liked talking about their expanded line of Hummers. Then oil spiked and gas prices hit records. And GM's bet on massive gas guzzlers blew up in...Read More
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