By Frank HolmesStrengths? The best performing metal this week silver, down 1.13 percent. Gold traders were split this week between bullish and bearish outcomes, according to the weekly Bloomberg survey. The yellow metal is on its best run since 2011 as it wraps up a third consecutive quarter of gains and exchange-traded funds backed by bullion are also near the highest in five ye...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12April 2, 2018 "Every time I get accustomed to low volatility, like we were towards the end of the Greenspan era, and we think we have all the levers under the control... something erupts to remind us that the idea that anybody is in control of everything is hubris." Lloyd Blan...Read More
CloseGain/LossGold $1341.90+$16.00Silver$16.60+$0.26XAU82.01+1.10%HUI177.73+1.32%GDM618.75+1.06%JSE Gold1127.39-3.86USD90.01-0.05Euro123.05+0.01Yen94.51+0.46Oil$63.01$1.9310-Year2.741%-0.001T-Bond146.53125-0.09375Dow23644.19-1.90%Nasdaq6870.12-2.74%S&P2581.88-2.23% The Metals: Gold gained $18.80 to $1344.70 in early afternoon New York trade before it edged back lower into...Read More
We’re facing an imminent crisis in global lithiummarkets. Demand is growing exponentially,and lithium consumers are facing a 100,000-ton shortfall by 2025. Traditional lithium brine projects take too longto put into production. At up to 48 months, they won’t be able to close thesupply gap on their own. The industry is turning to high grade, hard rocklithium pegmatite deposits. That&rsq...Read More
By Dave KranzlerThere is plenty of dysfunction in plain sight to suggest that the financial markets can't bear the strain of unreality anymore. Between the burgeoning trade wars and the adoption in congress this week of a fiscally suicidal spending bill, you'd want to put your fingers in your ears to not be deafened by the roar of markets tumbling - James Kuntsler, "The Unspooling"Many of you ha...Read More
The Fed is lying about inflation.How do I know?Because several of the Fed's OWN in-house inflation measures are roaring.The New York Fed's UIG inflation measure is currently clocking in at 3.06%.The Atlanta Fed's "sticky" inflation measure is growing at an annualized rate of 2.2%.Even the Fed's heavily massaged Personal Consumption Expenditures (PCE) metric is growing at 1.8% on an annualized basi...Read More
Last Monday, the Shanghai International Energy Exchange launched the first futures contract for crude oil priced in Chinese yuan. It's a major step forward in the process of international de-dollarization. Now Chinese and other international traders can buy and sell the world's most important commodity in a liquid market without using U.S. dollars.The "petro dollar" now faces the prospect of bei...Read More
CloseGain/LossGold $1341.90+$16.00Silver$16.60+$0.26XAU82.01+1.10%HUI177.73+1.32%GDM618.75+1.06%JSE Gold1127.39-3.86USD90.01-0.05Euro123.05+0.01Yen94.51+0.46Oil$63.01$1.9310-Year2.741%-0.001T-Bond146.53125-0.09375Dow23644.19-1.90%Nasdaq6870.12-2.74%S&P2581.88-2.23% The Metals: Gold gained $18.80 to $1344.70 in early afternoon New York trade before it edged back lower into...Read More
By Graham Summers The Fed is lying about inflation. How do I know? Because several of the Fed's OWN in-house inflation measures are roaring.The New York Fed's UIG inflation measure is currently clocking in at 3.06%.The Atlanta Fed's "sticky" inflation measure is growing at an annualized rate of 2.2%.Even the Fed's heavily massaged Personal Consumption Expenditures (PCE) metric is growing at 1...Read More
CloseGain/LossGold $1341.90+$16.00Silver$16.60+$0.26XAU82.01+1.10%HUI177.73+1.32%GDM618.75+1.06%JSE Gold1127.39-3.86USD90.01-0.05Euro123.05+0.01Yen94.51+0.46Oil$63.01$1.9310-Year2.741%-0.001T-Bond146.53125-0.09375Dow23644.19-1.90%Nasdaq6870.12-2.74%S&P2581.88-2.23% The Metals: Gold gained $18.80 to $1344.70 in early afternoon New York trade before it edged back lower into...Read More
Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More
2018-04-02 08:31 ET - News ReleaseVANCOUVER, BC / ACCESSWIRE / April 2, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce that the Spring Drill program at the Company's Case Lake Lithium JV ("Case Lake") will commence in May. Spring/Summer drilling will total 8,000 meters followed by an additional 7,000 meters of planned drilling in...Read More
It is understood that precious metals investors are getting fed up with the action in the sector, as gold and silver backed off sharply yet again from resistance last Wednesday, yet this is nothing to be concerned about as both remain well above recent support levels. We know that COTs for silver are more bullish than at any time in history, or at least the past 15 years, so no problem there.Now w...Read More
By John MauldinVelocity and DebtMissing ReflationGenerational DifferenceIncome DisparityDeficit HeadacheTech TroubleMonetary MadnessCharlotte, Fort Lauderdale, Chicago, and RaleighHere in Texas you know spring is here when our state flower, the bluebonnet, pops up everywhere. I was at the Masters in Augusta last year, and the azaleas were beautiful. But they are cultivated and take a lot of work...Read More
The University of Colorado-Colorado Springs is offering a class right now that gives students up to 3 academic credits for attending the White Privilege Conference. Continue...Read More
By Ira EpsteinSafe haven buying lifts gold...questionable if all the gains hold through Tuesday.https://www.iraepstein.com/ Read More
The price has fallen from nearly $20,000 in mid-December to just $6,000, before bouncing to the current price of $7,000. The chart shows a drop below trendline support over the psat week, which is a bearish sign. We would like to see a move back above $7,250 in the near term to turn bullish. To the downside, there is clear support at the 2018 low around $6,000.The main drivers of this price declin...Read More
The Fed is lying about inflation.How do I know?Because several of the Fed's OWN in-house inflation measures are roaring.The New York Fed's UIG inflation measure is currently clocking in at 3.06%.The Atlanta Fed's "sticky" inflation measure is growing at an annualized rate of 2.2%.Even the Fed's heavily massaged Personal Consumption Expenditures (PCE) metric is growing at 1.8% on an annualized basi...Read More
Full Article: Gold Investors: Keep The Faith, Higher Prices ComingBy: Neils Christensen(Kitco News) - Frustration 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...Read More
If you recall, during the second presidential debate in October 2016, Hillary Clinton falsely claimed that the U.S. is "now, for the first time ever, energy independent." Many were quick to point out the inaccuracies. For one, the U.S. has been a net energy exporter before, most recently in the 1950s. And two, America isn't currently energy independent.But that could change very soon. As I told yo...Read More