Dear Friend of GATA and Gold:A member of Congress this week asked the U.S. Treasury Department and Federal Reserve to come clean about government policy toward gold.The congressman, U.S. Rep. Alex X. Mooney, R-West Virginia, sent a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell raising issues similar to those GATA long has been raising about the U.S. gover...Read More
By Ronan Manlyhttps://www.bullionstar.com/On 17 April, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the Bank for International Settlements (BIS).The source of the Ahval report was a Turkish lang...Read More
Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More
Washington, DC (April 25th, 2018) - A Member of Congress posed some pointed questions to the Federal Reserve and the U.S. Treasury this week about their activities involving America's gold reserves, including, apparently, efforts to "drive gold out of the world financial system in favor of the Federal Reserve Note or Special Drawing Rights issued by the International Monetary Fund."In a letter d...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 Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to GLD. While I...Read More
Adopt the pace of nature; her secret is patience.Ralph Waldo Emerson For a long time, we have been stating sharp pull-backs should be viewed through a bullish lens. In this article published in Nov 2017, we stated the following; View strong corrections through a bullish lens. This game plan will remain valid until the masses turn bullish or the trend turns negative. The stronger the deviati...Read More
Picking up where DoubleLine CEO Jeff Gundlach left off yesterday with his Ira Sohn recommendation, which as a reminder was to short Facebook on concerns of regulatoryContinue...Read More
By Steve St. AngeloToday we are getting another whiff of what's wrong in the markets. Currently, the Dow Jones Index is down over 500 points, and the NASDAQ is off by more than 100 points. Who knows where the markets will finally end up at the close of trading, but it really doesn't matter. Markets aren't valued in days or weeks; rather it takes months and years. So, be patient, and you...Read More
What is Bitcoin? Is it just a payment system, money or investment asset? Nobody knows for sure - it generates enormous definition and classification problems. But it's understandable, as Bitcoin in a new player in town. However, people also cannot agree on what gold really is. Let's solve this problem once and for all. It will enable us later to adopt the right gold investing philosophy. Have y...Read More
- Emergency cash offered by Ulster Bank as cash vanishes from accounts- Bank makes EUR500 available to customers whose deposits vanish- Bank investigates after hundreds of complaints on social media- "My salary has disappeared from my account today and my wife had her card declined when trying to pay for a GP visit and medication"- Cyber attacks and Brexit are biggest threats to the securities...Read More
Silver, silver, and silver - that's all there seems to matter to the more short-term oriented investors. But, there's so much more that's going on than just the rally in the white metal that just got invalidated! The dynamics in the precious metals market extend well beyond the above and the signal that's coming from silver - as important as it is for the short run - is just one of many puzzles...Read More
North Korea's mountain nuclear test site has reportedly collapsed, placing China and other nearby ares at a very real risk of radioactive exposureContinue...Read More
This article was written for Miles Franklin by Gary Christenson.Quick summary: U.S. debt, spending and deficits are out of control. Thinking otherwise is delusional. The "runaway train" of debt creation will end tragically. Protect your assets from a mathematically assured disaster while you can. Buy and hold silver, gold and platinum.The national debt of western nations plus Japan is a travesty...Read More
SHANGHAI, Apr 25 (SMM) – Jiangsu province will undertake a month-long, joint environmental inspection across eight cities along the Yangtze River from Tuesday April 24, the Jiangsu Provincial Environmental Protection Office said on Monday April 23.To protect and preserve the ecology along the river, inspections will be conducted in Nanjin, Wuxi, Changzhou, Suzhou, Nantong, Yangzhou...Read More
Big companies report blow-out earnings. Home prices soar. North Korea promises to end its nuke program, possibly averting another Asian war.Continue...Read More
By Ronan Manlyhttps://www.bullionstar.com/On 17 April, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the Bank for International Settlements (BIS).The source of the Ahval report was a Turkish lang...Read More
Middle-class Americans were most likely to say the recession still affects their lives, with 57 percent of those earning between Continue...Read More
- Emergency cash offered by Ulster Bank as cash vanishes from accounts- Bank makes EUR500 available to customers whose deposits vanish- Bank investigates after hundreds of complaints on social media- "My salary has disappeared from my account today and my wife had her card declined when trying to pay for a GP visit and medication"- Cyber attacks and Brexit are biggest threats to the securities...Read More
Where have all the dip buyers gone?The Dow Jones plunged another 423 points yesterday... its fifth consecutive losing day.The S&P slipped 35 points, the Nasdaq a hellacious 121.Stocks have endured more daily losses of at least 1% this year... than the past two years combined.And it is only April.Stocks opened lower again today. They closed the day mixed.What are we to make of it all?We introdu...Read More