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
Crude oil, like most commodities, is not priced as a single data point like a stock. Instead, commodities, like oil, trade via futures contracts. A futures contract is an agreement to buy or sell a particular commodity or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quantity and quality specifications to facilitate trading on a futures...Read More
By Matthew Cortez, Last month was the 89th anniversary of oneof America’s biggest blunders on her descent from honest, sound money intoweaponized political money: ExecutiveOrder 6102.Signed on April 5, 1933, U.S. PresidentFranklin Delano Roosevelt required all persons holding more than five ounces ofgold to deliver their “gold coin, gold bullion, and gold certificates, nowowned by...Read More
More than just a few people are buying silver because “it protects them from inflation” – or something to that effect. Ever wonder if that argument holds up? The chart (source) below indicates otherwise… Silver Prices (inflation-adjusted) – 50 Year Historical Chart (1)According to the chart, it appears that silver cont...Read More
While the USDX rushes up withoutlooking back, gold is running... out of power. What could the next dollar highsmean for the precious metals market?In short, practically everything that Iwrote in yesterday’sanalysis remains up-to-date. Based on the relative valuations andpre-market price movement, I wrote that junior miners were likely to declinebelow their rising support line, and I moved th...Read More
What is the cyclical explosiveness of physical silver indicating for stackers everywhere?by Samuel Briggs via KinesisIn this week's Live from the Vault, Andrew Maguire is joined by Patrick Karim, co-founder of technical analysis service, Northstar & Badcharts, to share bullish predictions for gold and silver, founded on a lifetime of accurately forecasting rallies.The veteran chart trader analyses...Read More
The main stock index of Canada fell to a ten-week low on...Read full newsRead More
We spoke with Dr. David Stuckenberg, Co-founder, and COO of Genesis Systems LLC, a developer of new industrial technologies that provides sustainable water resource generation and environmental transformation. The Company focuses on developing and creating sustainable water solutions, in arid or water constrained environments. Genesis' technology generates water directly from the air, on industria...Read More
Talk Digital Network, Released on 5/14/22John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a feature...Read More
Retirement Lifestyle Advocates, Released on 5/15/22"The government should quit monkeying with the economy like they're God; they don't understand it. They don't even understand the demographics behind it, and the productivity behind it, and what causes it to go up and down. They just think interest rates are the biggest driver, which shows how clueless they are". That quote is directly from our gu...Read More
Liberty and Finance, Released on 5/14/22This week, silver traded below critical support levels. "We lost key support at $21," says The Silver Chartist Steve Penny. "The next support is at $19.70." While he sees minimal downside risk in silver, he says upside potential is extreme. $40 or $50 silver is possible within a year he says. 0:00 Intro1:16 Silver4:00 Gold5:32 Gold/stocks6:30 Fed reversal?8:...Read More
Kitco News, Released on 5/13/22Ted Oakley, founder of Oxbow Advisors, discusses the current market sell-off with David Lin, anchor for Kitco News. 0:00 - 50% market correction?2:30 - Fed monetary policy6:00 - Biggest market risks10:10 - Private equity11:30 - Stock fundamentals15:16 - Stock market outlook17:22 - Crypto market Ted Oakley, the founder of Oxbow Advisors and co-founder of its predecess...Read More
Fox Business, Released on 5/13/21Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 2...Read More
TradersChoice.net, Released on 5/15/22Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Cor...Read More
YouTube/PeterSchiff, Released on 5/13/22 ? More downside to go as investors panic buy stocks. ? Robinhood will ultimately go bankrupt. ? Jerome Powell gets reappointed as Fed chair. ? Consumers are borrowing more, despite rate hikes. ? Oil positioning for a big move up.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff...Read More
Sydney Morning Herald, Released on 5/15/22Russia has probably lost around a third of the ground forces it deployed to Ukraine and its offensive in the Donbas region "has lost momentum and fallen significantly behind schedule", British military intelligence said.Continue... Russia has lost 'a third of ground forces' in Ukraine attack (according to British intelligence) added by Herman James on 05/1...Read More
RAPAPORT... Brilliant Earth lowered its revenue guidance as geopolitical and economic concerns began to weigh on retail demand, even after strong first-quarter figures."As the second quarter progresses, we are seeing impact from the uncertain geopolitical and macroeconomic environment, reflected in moderating sales trends and in our updated outlook," cofounder and CEO Beth Gerstein said Thurs...Read More
RAPAPORT... Indian jeweler Titan Company plans to add 600 new stores across 300 cities in the next three years as it pushes ahead with an expansion strategy.The company, which operates brands including Tanishq, Mia, CaratLane and Zoya, is aiming to grow its jewelry business by a factor of 2.5 over the next five years, it said in an investor presentation last week. Titan currently boasts a 6%...Read More
RAPAPORT... The Diamond Club West Coast (DCWC) has chosen its 2022 board of directors, with Moshe Salem set to serve another term as president.Salem, the president of MS Diamonds and Jewelry, has been part of the organization since 1988. He will be joined by Kalpesh Jhaveri and Antranig (Tony) Ayvazian, who were reelected as co-vice presidents of the Los Angeles-based trade group, the DCWC said la...Read More
RAPAPORT... Pandora plans to build a new jewelry-crafting facility in Vietnam that will enable it to expand the business and meet increasing consumer demand.The new site, which will create 6,000 jobs and have an annual capacity of 60 million pieces of jewelry, is set to open at the end of 2024, Pandora said last week. The Danish jeweler will design the factory according to the Leadership in Energy...Read More
(IDEX Online) - Russia stands accused of selling party of its huge $140bn stockpile of gold on the black market, as it seeks to evade sanctions imposed by the US, EU and UK (the world's biggest gold-importing nation).The Switzerland-based Global Initiative Against Transnational Organized Crime says in a report that illicit gold markets and gold laundering are compelling options for Moscow, as...Read More