Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
God bless Pastor Artur Pawlowski of the Cave of Adullam Church in Calgary, who absolutely obliterates police officers who interrupt his church service during Holy Week.Continue...Read More
She explained that the CDC's only hope for convincing every adult American to get vaccinated is to withhold the "carrot" of freedoms from the people until they assent to being vaccinated.Continue...Read More
Both gold and silver had been trading under extreme pressure, resulting in dramatic price declines in both precious metals.Continue...Read More
You should be paying attention to the Bank of Canada's Real Commodity Price Index.Continue...Read More
It is yet to be determined how bad this might get, but it could get very, very bad.Continue...Read More
Can they explain for us why they recently held a ball game in brutal totalitarian military dictatorship of Cuba? A place Cuban ball players flee from to freedom, which in come cases includesContinue...Read More
As it turns out, President Trump might have been on to something last spring when he rambled during a press conference about the possibility that "sunlight" could be leveraged to destroy the virus.Continue...Read More
"The threats are growing, and rapidly. Much is not discussed in the media, but we are seeing very bad signs.""Allies share their concerns about Russia's recent large-scale military activities in and around Ukraine."Continue...Read More
As we have reported numerous times, the reality of COVID-19 passports will become an individual's 'passport to life' seems like a foregone conclusion. The UK intends to roll out "Covid passports" within Continue...Read More
The Gold to S&P 500 ratio is the most important indicator, at present, for Gold and the Gold market.Continue...Read More
The world's second-biggest consumer of gold, India, ramped up imports of the metal by 471% from a Continue...Read More
Peter Krauth, editor of Silver Stock Investor, discusses the macroeconomic environment for silver and why he is embracing the metal's volatility. Being a silver investor over the last few weeks has become more psychologically challenging.That's true even for us die-hard silver enthusiasts.After all silver had a standout 2020, having gained about 47% in its best year since 2010. That easily outpace...Read More
Here are five Fastmarkets stories you might have missed on Thursday April 1 that are worth another look.A global shortage of steel slab is a key factor in rocketing flat steel prices, market sources told Fastmarkets this week.Zinc producer Trevali has begun trucking ore concentrate at...Read More
Confirmed, unconfirmed, verified, andinvalidated: breakouts and breakdowns are now ubiquitous. And the implicationsare bearish for gold.Let’s start today’s analysis with adiscussion of the key market that everyone is interested in – gold.Gold’sFailed Breakout – A Sell Sign In short, gold just invalidated its smallbreakout above the declining blue resistance line. The...Read More
The Gold Miner correction was well earned, but it was not a bubbleEven today there is some pablum out there talking about how if inflation is good for gold it is especially good for gold miners. I will simply repeat once again that if gold usually does not benefit fundamentally by cyclical inflation (i.e. inflation promoted for and currently working toward economic goals) the gold miners never do,...Read More
The US dollar is the world’s reserve currency. That isn’t likely to change anytime soon.All currencies are substitutes for real money, i.e. gold. And because all governments inflate and destroy their own currencies, any potential alternatives to the US dollar are as bad or worse.That doesn’t stop the dollar bashing, of course. In a general long-term sense, the condemnation...Read More
The federal government isspending and redistributing newly created cash so rapidly, it’s becomingdifficult to keep track of which trillions are going where.This week, President JoeBiden will pitch a $3 trillion “green” infrastructure package. That’s on top ofthe $1.9 trillion economic “relief” bill he recently signed into law.Next month, Biden isexpected to roll...Read More
Positions in the USDX are shiftingfrom shorts to longs, so gold investors should look closely. Why? Because it’san inverse relationship.We’ve discussed the negative correlationbetween the dollar and the precious metals many times before, but it can neverbe discussed enough, particularly as the situation develops and the outlook forthe USD Index becomes more positive.Once the USD Index...Read More
Precious Metals have continued to slide sideways as the US stock markets have rallied into the FOMC meeting last week. Not by coincidence, metals have continued to base/bottom near recent lows as concerns about the global debt/credit markets, central banks, and precious metal supplies continue to linger. The US Fed indicated it will do whatever is necessary to support the recovering ec...Read More
RAPAPORT... The Jewelers Board of Trade (JBT) has reelected Ann Arnold to serve a second term as chairman of its board of directors. Arnold, the chief strategy officer for Buyers Intelligence Group (BIG), was first appointed to the board last year, the organization said last week. She has volunteered with the JBT for nearly 13 years.In addition to Arnold, several other officers and directors were...Read More