Harry Dent wanted to provide Economy & Markets readers with a mid-day update on the markets. With the wild volatility we've been seeing recently, how do we make sense what's going on in the markets? Check out what Harry has to say...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...Read More
Dear Friend of GATA and Gold:In an essay at the Monetary Metals blog headlined "Backwardation, the Bank of England, and Falling Prices" --https://monetary-metals.com/backwardation-the-bank-of-england-and-fallin...-- the firm's vice president of operations, Bron Suchecki, offers an explanation of one of the anomalies of the gold market, backwardation (when prices for immediate or spot delivery ar...Read More
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.Ongoing declines in Venezuela and concerns about heightened tension between the U.S. and Iran have significantly...Read More
CloseGain/LossGold $1331.70-$10.20Silver$16.42-$0.18XAU81.22-0.96%HUI175.83-1.07%GDM613.88-0.81%JSE Gold1104.87-22.52USD90.22+0.21Euro122.66-0.49Yen93.84-0.67Oil+$0.50$63.5110-Year2.785%+0.044T-Bond145.78125-0.96875Dow24033.36+1.65%Nasdaq6941.28+1.04%S&P2614.45+1.26% The Metals: Gold fell $13 to $1328.90 in late morning New York trade before it nearly halved its drop by e...Read More
Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where...Read More
Tim Termuende of Eagle Plains Resources discusses the strategy behind spinning-out and spotlighting the Taiga Gold Corp. exploration projects while outlining the anticipated benefits this may have for shareholders. Eagle Plains proposes to Spin-out Taiga Gold Corp. on a 1 Taiga for 2 Eagle Plains share basis, shareholders will retain their Eagle Plains share.http://www.eagleplains.com/ Read More
The Prices Paid Index just rose for its fourth straight month to 78.1: its highest level since April 2011.Why does this matter?Because it's a MAJOR warning that inflation is coming.You see, when inflation hits, it doesn't hit all at once. Instead it rolls out into the economy in stages.The first stage occurs at the "production" level of the economy. In this stage, managers at large manufacturers/p...Read More
LatestPrice – $139.20Patterm– price looks to be generally in an uptrend with a secondary low in place witha recent test of that higher low turning price back up.Fibonacci– the higher low was just above the 88.6% retracement level which is normal forthe first correction in a new bull market as first corrections often make deepretracements while the most recent low looks to have fo...Read More
There continue to be all sorts of purported analysts out there who insist that the price of gold is determined through physical supply and demand. These folks cling to the arcane notion that somehow fundamental factors are the key determinant of the daily price.Nothing could be further from the truth.Whether it's organizations like the World Gold Council, sell-side bullion bank scribes or internet...Read More
Gold started the month with an upswing, silver soared and... Silver stocks declined. Yes, you read that right. Big upswings can be bullish developments, but it's definitely not true in all cases. For instance, in this case, one could say that while it's true that gold moved higher, it failed to move to the late-March high, let alone break above it. Why is gold not moving decisively in any direct...Read More
Join Mike Maloney as he takes a light-hearted look at a very serious question - is there such a thing as a free lunch? The answer won't be a surprise to regular viewers of this channel, but if you are new - this may be a revelation. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage a...Read More
CloseGain/LossGold $1331.70-$10.20Silver$16.42-$0.18XAU81.22-0.96%HUI175.83-1.07%GDM613.88-0.81%JSE Gold1104.87-22.52USD90.22+0.21Euro122.66-0.49Yen93.84-0.67Oil+$0.50$63.5110-Year2.785%+0.044T-Bond145.78125-0.96875Dow24033.36+1.65%Nasdaq6941.28+1.04%S&P2614.45+1.26% The Metals: Gold fell $13 to $1328.90 in late morning New York trade before it nearly halved its drop by e...Read More
CloseGain/LossGold $1331.70-$10.20Silver$16.42-$0.18XAU81.22-0.96%HUI175.83-1.07%GDM613.88-0.81%JSE Gold1104.87-22.52USD90.22+0.21Euro122.66-0.49Yen93.84-0.67Oil+$0.50$63.5110-Year2.785%+0.044T-Bond145.78125-0.96875Dow24033.36+1.65%Nasdaq6941.28+1.04%S&P2614.45+1.26% The Metals: Gold fell $13 to $1328.90 in late morning New York trade before it nearly halved its drop by e...Read More
The Prices Paid Index just rose for its fourth straight month to 78.1: its highest level since April 2011.Why does this matter?Because it's a MAJOR warning that inflation is coming.You see, when inflation hits, it doesn't hit all at once. Instead it rolls out into the economy in stages.The first stage occurs at the "production" level of the economy. In this stage, managers at large manufacturers/p...Read More
Full Article: Gold Investors: Keep The Faith, Higher Prices Coming - AnalystsBy: Neils ChristensenFrustration is starting to build among gold investors, but analysts are encouraging them to keep the faith as the market still has potential to break through $1,400 an ounce eventually.While the breakout may not be on the horizon in the short-term, many analysts think that it is only a matter of time...Read More
Technical analyst Jack Chan updates the gold and silver charts.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 suitable for traders.Speculation is in bull ma...Read More
Will this Friday's US jobs report be the catalyst that sends gold above the key $1370 resistance zone and ushers in a new era of institutional enthusiasm for gold stocks?The US stock market suffered yet another "cardiac arrest" moment yesterday.Market breadth has thinned horrifically, and the low rates and QE that have incentivized corporate buybacks have been replaced with rising rates and QT. Th...Read More
Financial crises tend to start at the periphery and work their way into a system's core. Think subprime mortgages (a tiny little niche of a few hundred billion dollars) that blew up in 2007 and nearly brought the curtain down on the whole show.There's no guarantee that the same dynamic will play out this time, but stage one - the bursting of peripheral bubbles - has definitely arrived, with thre...Read More
By Craig HemkeThere continue to be all sorts of purported analysts out there who insist that the price of gold is determined through physical supply and demand. These folks cling to the arcane notion that somehow fundamental factors are the key determinant of the daily price. Nothing could be further from the truth. Whether it's organizations like the World Gold Council, sell-side bullion bank s...Read More
The Prices Paid Index just rose for its fourth straight month to 78.1: its highest level since April 2011.Why does this matter?Because it's a MAJOR warning that inflation is coming.You see, when inflation hits, it doesn't hit all at once. Instead it rolls out into the economy in stages.The first stage occurs at the "production" level of the economy. In this stage, managers at large manufacturers/p...Read More