By Frank HolmesAs we begin a New Year, I want to share with you the five most popular Frank Talk posts of 2017. One common theme you'll see in these posts is they all center on the topic of gold. Although we specialize in educating investors about gold and managing gold funds, it's worth noting that our gold posts garnered more interest than our bitcoin and blockchain posts in this year of crypt...Read More
With this evening's robust extension of the rally begun from 1238.30 three weeks ago, buyers have finally made February Gold's chart look interesting encouraging, even. The move earlier in the day through the 1314.00 midpoint resistance, coupled with the so-far slight progress tonight above September's 1321.00 'external' peak, has put the 1389.60 target of the pattern in play. It would become...Read More
The U.S. Dollar is not ruling the seas of global commerce anymore. In 2018, non-Dollar platforms will continue the Dollar's decline, Dr. Jim Willie tells Silver Doctors.The Dollar has been the world reserve currency for decades, but the increase of non-Dollar trade is threatening the Dollar's dominance.Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD...Read More
- Gold posted second straight annual gain in USD in 2017- Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR- 2017 is gold's best year since 29.5% gain in 2010- Strong performance despite rate hikes and stock bubble - India's gold imports surged 67% in 2017, Turkish, Chinese demand strong- Gold finished 2017 with longest rally since June 2016- 2018: Currency War and The Year of the Phoeni...Read More
FOMC minutes and other market moving US economic data releases are there till Friday. US December jobs numbers will positively affect the US dollar only if they indicate an interest rate hike in March. All incoming US economic data releases need to be looked from a March interest rate hike perspective. The US dollar will get another wave knock down if there is any indication of an interest rate...Read More
The US is about to experience one of its biggest social and economic changes in generations.And the story of Desert Hot Springs, California, is the key to understanding it all...Continue...Read More
"In 2017, @ChurchofSatan & I were put on a few threads together.""In 2018, it's... @Hooters. What a time to be alive Chrissy!""It's been so long! Happy New Year!"Continue...Read More
Gold Bullion Prices Have Best Year Since 2010 With Near 14% Gain In 2017– Gold posted second straight annual gain in USD in 2017– Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR– 2017 is gold’s best year since 29.5% gain in 2010– Strong performance despite rate hikes and stock bubble – India’s gold imports surged 67% in 2017, Turkish, Chinese...Read More
There are very few sellers leftThere were very few sellers left in January 2016 when the devastating “forever bear” was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They drove the miners and juniors down by 40% to 45% in less than five months. However, both GDX and GDXJ have been able to hold ab...Read More
The most important piece of evidence that the next great bull market in gold has begun is the technical behavior of the prior bear market itself.Continue...Read More
The global economy is SCREAMING that inflation is coming.Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.Source: Bloomberg.By the way, 2011 was the year of the last inflationary shock. And by the look of things, 2018 is going to be the next...Read More
A new, long-term, secular bull market in gold has begun. This new trend will take gold past $1,400 per ounce by the end of 2018, past $4,000 per ounce by 2020 Continue...Read More
Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting buy signals for both gold and silver at the close of 2017.Our proprietary cycle indicator is up. The 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.The gold sector is on a short-term buy signal. Short ter...Read More
The global economy is SCREAMING that inflation is coming.Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.Source: Bloomberg.By the way, 2011 was the year of the last inflationary shock. And by the look of things, 2018 is going to be the next...Read More
Dr Warren Coats, former Chief of the SDR with the title Assistant Director of the Monetary and Financial Systems Department at the IMF penned an article on a return to the gold standard in 2013 - A Hard Anchor for the Dollar. Not a classic gold standard, but an "updated version" of a gold standard that would allow for entities like the IMF, World Bank and BIS to stay involved and be part of the...Read More
The global economy is SCREAMING that inflation is coming.Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.Source: Bloomberg.By the way, 2011 was the year of the last inflationary shock. And by the look of things, 2018 is going to be the next...Read More
Taxes greatly impact your wealth. With the new tax plan, changes are coming that will affect you, your business, and your family. In this timely episode, Robert talks to one of Donald Trump's economic advisors and his personal tax advisor. Hear what you can do to benefit from the new tax plan.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time...Read More
2018 has just begun. What will a new year bring for the gold market?Macroeconomic Outlook Will Remain UnpleasantThe current economic expansion is surprisingly durable, as it has already lasted more than 100 months. It worries many investors who are afraid of the upcoming recessions. Surely, there are many reasons to worry, and the recession will eventually come. But we are not at this point yet. T...Read More
CloseGain/LossGold $1314.90-$3.30Silver$17.14-$0.03XAU87.08-1.19%HUI197.35-0.63%GDM660.98-0.75%JSE Gold1338.73+21.37USD92.18+0.32Euro120.12-0.53Yen88.97-0.15Oil$61.63+$1.2610-Year2.440%-0.018T-Bond152.28125+0.53125Dow24922.68+0.40%Nasdaq7065.53+0.84%S&P2713.06+0.64% The Metals: Gold dropped $6.40 to $1311.80 in Asia before it rallied to $1317.80 in London and then fell back to a new sessio...Read More
Gold or Cryptos?That's actually the wrong question, as Mike Maloney points out in his new episode of Hidden Secrets of Money. This movie-quality production follows his three-year journey into investigating the cryptocurrency landscape. He expected to find nothing but a digital payment system. Instead..."What I found is a technology that can revolutionize the planet."Gold and cryptos have some stro...Read More