Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
TexasBeachWatch.com claims that parts of Corpus Christi Bay and North Padre Island both had high amounts of fecal bacteria in their waters.Continue...Read More
Americans live a never-never-land existance. The politicians and presstitutes make sure of that. Consider something as simple as the unemployment rate. The US is Continue...Read More
Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was here the other day. As usual he fixed the problem right away and charged us less than expected. We love this guy.While he was working I asked him how business was going. He claimed to be swamped to the point of turning away jobs. I asked why he doesn't...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Many advocates of bitcoin and other cryptocurrencies have a na??ve belief that their digital assets are "beyond the reach of governments," "cannot be traced" and "cannot be frozen or seized."Continue...Read More
Bob Moriarty of 321 Gold profiles a new company with a project in southern Peru; sampling has shown values of up to 18 g/t gold. Miramont Cerro Hermoso projectMiramont Resources Corp. (MONT:CSE) is a brand new, only trading since November, exploration company focused on Southern Peru. Quinton Hennigh of Novo Resources and Irving Resources fame is the chairman of the board. I wrote about the compa...Read More
This company had news on two fronts: drilling at its Northwest Territories deposit could change the economics of that project while a massive increase in its resource in its British Columbia project could be the catalyst that brings a major partner to the table, according to industry analysts. Seabridge KSM Project LocationOn February 20, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that...Read More
Long Term Elliott WaveAnalysisGold probably shows a complete patternof supercycle degree into 2011. Its first spike appeared during the US civilwar. We interpret that as cycle wave I. The subsequent period shows acorrection that lasted for half of a century. It fits the character of acomplex sideways correction. It ended roughly at the same time as the USeconomy started growing from the Great Depr...Read More
The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached resistance again and even though it has failed to breakout, it remains above long-term moving averages which are sloping upward. However, the gold stocks and Silver remain in correction mode. They are trading below the long-term moving averages and at the lower end of their...Read More
(Kitco News) - The World’s famous mining gathering in Toronto revealed a clear reversal in the industry, as participants filled the convention halls with cheerful outlooks, renewed interest, and hope.The Prospectors and Developers Association of Canada (PDAC) was attended by over 25,000 people this year, beating last year’s total of 24,000.“This year’s convention was full o...Read More
Gold is Breaking Out Against Currencies Other than the DollarHistorical Volatility of the Ratio is Near a 10-Year LowBollinger Bands Can be Used to Calculate the DistributionWhen you are evaluating the price of gold it's important to understand that the yellow metal is quoted in dollars and therefore the price that you see in the United States is different than prices outside the United States. Su...Read More
CloseGain/LossGold $1325.20-$8.50Silver$16.48-$0.26XAU78.79-2.48%HUI173.41-2.50%GDM605.87-1.64%JSE Gold1138.24-1.85USD89.58-0.04Euro124.13+0.03Yen94.35+0.09Oil$61.15-$1.4510-Year2.882%-0.002T-Bond144.125-0.28125Dow24801.36-0.33%Nasdaq7396.65+0.33%S&P2726.80-0.05% The Metals: Gold fell $10.90 to $1322.80 in early afternoon New York trade before it edged back higher into the close, but it st...Read More
- Gold no longer fears or pays attention to Fed announcements regarding interest rates- Renewed interest in gold due to inflation fears and concern Fed won't do enough to control it- Higher interest rates on horizon will make debt levels unsustainable- New Fed Chair warns "the US is not on a sustainable fiscal path" and could lead to an "unsustainable" debt load- Higher interest rates are good f...Read More
Trade wars will increase as the Trump administration is considering clamping down on Chinese investments in the USA along with imposing tariffs on a broad range of Chinese imports. Gary Cohn resigning as Trump's top economic advisor will be bearish for the US dollar and bullish for gold. Key US economic data releases begin from today with February US private ADP jobs number. It remains to be s...Read More
Steve HollandWASHINGTON (Reuters) - The White House on Wednesday raised the possibility that impending hefty U.S. tariffs on steel and aluminum imports could exclude a clutch of countries other than Canada and Mexico as President Donald Trump planned to authorize the measures on Thursday.Trump is expected to sign a presidential proclamation establishing the tariffs during a ceremony scheduled for...Read More
The continuation of yesterday’s strong upside move in gold was short-lived with today’s price decline erasing much of Tuesday’s $17 gain.Gold is trading under strong pressure today in reaction to the robust ADP jobs report and the release of the Federal Reserve’s Beige Book. As of 5:00 PM Eastern standard time, gold futures are currently down -$8.90 at $1326.30.Gold had bee...Read More
The government of British Columbia revealed today the timeline that will guide the procedures to reform the province's environmental assessment process.Known by its initials, the EAP is a course of action to predict environmental effects of proposed initiatives, particularly mining and resource extraction projects, before they are carried out. In general, an EAP should identify potential adverse e...Read More
Gold capped at 1340 NFP on Friday is the next market mover Gold is trading lower at 1324 down 0.78% on the day after jumping more than $5 on the news that Cohn, top Trump economic advisor resigned. The news was perceived quite bearish for the economy as a whole. However, the bull breakout was short-lived as $1340 seemed to be a profit-taking area for bulls and an entry point for bears. Go...Read More
Northern Star Resources (ASX: NST) announced today that it has agreed to pay Westgold Resources (ASX: WGX) $62.6 million for the South Kalgoorlie mine, located about 50 kilometres from its Kundana operations in Western Australia.In a press release, Northern Star explained that the acquisition comprises the project's operating processing facility, which has an annual throughput capacity of 1.2 mill...Read More