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
KHARTOUM - Three miners were killed and 10 were trapped underground when a gold mine they were working at in northern Sudan collapsed, the state's Sudanese Mineral Resources Company (SMRC) said in a statement on Friday.It said three others were injured in the accident, which happened on Thursday night in Qabqaba, a main gold mining area in the Nile River state where both licenced companies and ind...Read More
NEW DELHI - India's environmental court said it will resume hearing Vedanta Ltd's case on Monday to decide whether to re-open the company's copper smelter, which was closed earlier this year after 13 people died when police fired on protesters.Last week, a panel of experts set up by India's National Green Tribunal, informally known as the environmental court, said authorities in Tamil Nadu state h...Read More
There is a bright side to recent market carnage even though it doesn't feel like that right now.But if your investment portfolio has some cash on the sidelines, here lies the opportunity.While putting your money to work in these volatile times of sharp market declines seems to require nerves of steel, take comfort in history. Look back to the 2008 crisis, and zero in on those high-quality stocks t...Read More
Gold futures settled Friday at their highest since July, logging their biggest weekly gain since August following market turmoil that sent stocks reeling and pressured Treasury yields and the U.S. dollar. Gold for February delivery GCG9, +0.84% on Comex rose $9, or 0.7%, to settle at $1,252.60 an ounce. For the week, gold was up 2.2%, which was the biggest such gain since a 2.5% rise in the week...Read More
Here's what economists are saying about the November employment report, which showed 155,000 new jobs created in the month and the unemployment rate flat at 3.7%. Read more about the data from MarketWatch. ?EUR? "The November jobs report was sturdy but uninspiring. Job growth of 155,000 is around 50,000 shy of both the average monthly gain for 2018 and the expected gain for November. But the u...Read More
As gold fails to find much haven support despite a volatile stock market and palladium prices hit record highs, silver prices sit close to their lowest levels in nearly three years, down 15% year to date. Silver hasn't garnered the same attention as its peers in the metals market, but it deserves a second look. "Investors might be too bogged down looking at the macro environment when assessing sil...Read More
I recommended shorting MTN to my Short Seller's Journal subscribers in my December 2nd issue. While I expect MTN to lose at least $200 over time, I did not expect nearly 25% of that price-decline expectation to occur in 5 trading days after I presented the idea.After I sent out my newsletter last Sunday, a subscriber sent me a link to a Motley Fool article titled, "Why You're Smart To Buy Vail R...Read More
Bob Moriarty ArchivesDec 8, 2018Regular readers of 321gold are well aware that I am a contrarian. As Rick Rule likes to repeat, if you aren’t a contrarian, you are a victim. On January 26th of this year, using nothing more than theDSIinformation, I predicted that12 commodities would be making a turn. There was no magic to it; I just used information available to anyone at all. If they had ac...Read More
Check this out…Nasdaq is getting killed, lately…And this…Ok, let’s not get ahead of ourselves now…But things are certainly getting interesting, wouldn’t you agree?General equities falling.Inverted yield curve.Rate hikes… for how much longer?Everyone and their mother hating gold…Etc.In any event, if/when the next gold bull run (or rally) ever does ens...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
Click Here to Listen to the Interview - *the interview begins at 7:32Craig explains why we all need to pay attention to the white-hot palladium market right now and discusses the massive physical supply shortages there that have a chance to actually break the trading exchanges. He also suggests 2019 is poised to be the best year for gold and silver in nearly a decade.Click Here to Listen to the I...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Harley Schlanger does what he does best: sift through the corporate MSM bullsh*t and tell you what's really going on in the world.Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Yesterday, in the first part of our discussion, Doug Casey told us why this megatrend needs to be on your radar today. Below, we pick up where we left off and talk about what thisContinue...Read More
Continue...Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Ass...Read More
Greg takes us back in time to his beginning days in the 1980s COMEX NYMEX futures contract trading pits and back to today.Greg and the host discuss current ongoings with the US dollar, the euro, crude oil prices, growing Federal and consumer debt levels, especially in relation to the recent inversion of shorter term US bonds vs longer duration IOUs. We also hear his up and potential downsides for...Read More
The CFO of the Clinton Foundation, thinking he was "meeting an old professional acquaintance," admitted to investigators that the charity had widespread problems Continue...Read More
Getting "funded" means traders can take risks without putting their own money on the line.It is possible to build a large portfolio and never lose money from a trade ever again.Need proof?Here's how it works... Every day, "regular" traders turn into professional part-time "funded traders" using a unique trading program.All it takes is undergoing training, and learning the materials.Then someone li...Read More
Trading options is often scary... but it doesn't have to be!It's the biggest mistake options traders make... and it's the reason why 9 people out of 10 quit options...Most options traders fall for the same trap - they "buy" an option and end up losing money on 90% of their trades.Of course, any options player knows that losing trades are part of the game. But it doesn't mean losing has to be the n...Read More
The recent stock-marketselloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of aquick rebound higher is strangling euphoric sentiment, spawningself-reinforcing selling pressure. Scoffedat a few months ago, the notions that a young bear market is underway and arecession looms are gaining traction. The great beneficiary of this ominou...Read More