Automtaic Earth's Ra?l Ilargi Meijer just posted an essential essay on the world's financial markets - or what used to be the world's financial markets. Here's an excerpt:"[Price discovery] is the process of determining the price of an asset in the marketplace through the interactions of buyers and sellers", says Wikipedia. Perhaps not a perfect definition, but it'll do. They add: "The futures a...Read More
– Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves – Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t – Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets – Turkey has removed all gold held in the U.S. opting for Bank of England and BIS – Turkey...Read More
CloseGain/LossGold $1331.50+$6.50Silver$16.73+$0.10XAU83.28+0.03%HUI182.38+1.40%GDM633.15+0.87%JSE Gold1112.83+2.36USD90.77-0.16Euro122.37+0.29Yen92.13+0.04Oil$67.70-$0.9410-Year2.992%+0.017T-Bond142.50-0.46875Dow24024.13-1.74%Nasdaq7007.35-1.70%S&P2634.56-1.34% The Metals: Gold gained $3.50 to $1328.50 in Asia before it fell back to $1323.50 in London, but it then climbe...Read More
Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And... why is this not true? Gold Starts Week BadlyThe yellow metal struggled on Monday. Its price declined from $1,335 to $1,320, or more than 1.1. percent, as one can see in the chart below. Chart 1: Gold prices from April 20 to April 23, 2018. The weakness could be caused by many fa...Read More
CloseGain/LossGold $1331.50+$6.50Silver$16.73+$0.10XAU83.28+0.03%HUI182.38+1.40%GDM633.15+0.87%JSE Gold1112.83+2.36USD90.77-0.16Euro122.37+0.29Yen92.13+0.04Oil$67.70-$0.9410-Year2.992%+0.017T-Bond142.50-0.46875Dow24024.13-1.74%Nasdaq7007.35-1.70%S&P2634.56-1.34% The Metals: Gold gained $3.50 to $1328.50 in Asia before it fell back to $1323.50 in London, but it then climbe...Read More
Full Article: Before All This Is Over, Gold Is Going Through The RoofBy: Jim RogersLegendary investor Jim Rogers said enjoy the market rally while it lasts, issuing a dire warning that "the worst correction of his lifetime," is coming for stocks."Soon something's going to happen that will make everyone happy again and the market will go up one more time, and that will probably be the last hoorah....Read More
Jeff Clark: Frustrated by the comatose silver price? Tired of it going nowhere and being held down?Well, history has a message for you: This trading behavior is normal. Furthermore, similar scenarios from the past say the next price explosion is on the way. I know from past studies that silver doesn’t always shoot up when gold does, in spite of the fact that it almost always gains more than...Read More
By David SmithA cursory look at Chinese history can convince you that China should not be underestimated when it sets its sights on a particular goal.Even before Mao Zedong took over the reins in 1949, and the first Five Year Plan began in 1953, centuries of history demonstrated that long-term planning, while not always meeting expectations, is a core behavioral trait of the Chinese psyche.And m...Read More
Bernie Sanders will soon announce a federal jobs plan that would guarantee a federal job with a minimum $15-per-hour wage and health benefits to Continue...Read More
Graceland Updates By Stewart Thomson 1. The thrill of victory and the agony of defeat. Gold investors focused on the Western markets and government debt fear trade tend to feel the same kinds of thrills and agony that professional athletes regularly experience.2. Here's a good example: For a few days, silver soars higher on what appears to be the guaranteed start of a long-term...Read More
Let's start with Caterpillar, the maker of earth moving equipment that has for years been the poster child for global slowdown. Every quarter was worse than theContinue...Read More
By Frank Holmes Since the commodities supercycle began unwinding 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. I believe those conditions are either firmly in place right now or, at the very least, in their early stages. Among them are factors I've discussed at length elsewhere a weaker U.S. dollar, a steadily flattening yield...Read More
Automtaic Earth's Ra?l Ilargi Meijer just posted an essential essay on the world's financial markets - or what used to be the world's financial markets. Here's an excerpt:"[Price discovery] is the process of determining the price of an asset in the marketplace through the interactions of buyers and sellers", says Wikipedia. Perhaps not a perfect definition, but it'll do. They add: "The futures a...Read More
Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And... why is this not true? Gold Starts Week BadlyThe yellow metal struggled on Monday. Its price declined from $1,335 to $1,320, or more than 1.1. percent, as one can see in the chart below. Chart 1: Gold prices from April 20 to April 23, 2018. The weakness could be caused by many fa...Read More
"Primary dealers serve as trading counterparties of the New York Fed in its implementation of monetary policy. This role includes the obligations to: (i)Continue...Read More
Prices of houses and condos across the US surged 6.3% from a year earlier (not seasonally-adjusted), according to the S&P CoreLogic Case-Shiller National Continue...Read More
Russia purchased 300,000 ounces of gold in March and now has around 2,000t in gold reservesContinue...Read More
A steep decline in the The S&P 500 Tuesday is giving new life into gold Continue...Read More
QUESTION: Hey MartinYou always say that us in Europe better get our money out while we still can.I know that you recommend bank account in US but that isn’t always so easy.As some kind of alternative, what do you think about storing some gold in Asia ( Hong Kong, Singapore etc.)I am no gold bull and I understand that you take the risk of gold still going under 1000 dollars but in the long g...Read More
Comprehensive geochemical surveys, detailed geological mapping, additional detailed geophysics, and 2016-17 scout drilling; combined with the forthcoming completion of the district-wide Environmental Assessment (EA) places U.S. Gold Corp. in the position of assessing several previously unidentified and identified drill target opportunities on the Keystone ProjectELKO, Nev., April 24, 2018 /PRNews...Read More