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
By Frank Holmes CEO and CIO of U.S. Global Investorsclick to enlargeGlobal uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008 their worst December since 1931 as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investors. Against thi...Read More
What will happen next & what to do now Welcome to our new readers and a very Happy New Year to everyone!Now that it's 2019, we're going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone.For those unfamiliar with our work, it's based on the idea that humanity is hurtling towards a disaste...Read More
By Ross NormanThere is probably no more irritating an adage than the old Wall Street one which says "no one rings a bell at the bottom or top of a market" ... but it does highlight the purpose or value of making a trading call - or if you prefer (as it is the season for it) ... in making a forecast.No one wants to be too early in calling a bottom in gold as your career would then be aligned with...Read More
By Craig HemkeAs 2018 drew to a close, the prices of Comex gold and silver began to move higher. This was just as expected and we wrote about these pending year-end rallies on several occasions. Before going further, perhaps you should take time to review these links: This from early November: https://www.sprottmoney.com/Blog/into-year-end-wit...This from mid-December: https://www.sprottmoney.co...Read More
By Ryan WildaySome time has passed since I wrote a more lengthy article, but not nearly as long a time as this grueling bear market in cryptos - now 12 months long, and counting. So, in this article I'd like to rewind the clock a bit. When we first saw our bull market top in cryptos, I did not fully expect a long bear market such as we've seen. While the March breakdown confirmed in my mind tha...Read More
- Gold acts as hedge in 2018 - up 2.7% and 3.8% in euros and pounds (see tables & charts)- Stocks fall sharply - S&P500, FTSE & Euro Stoxx 5o fall 6.25%, 12.5% & 15% respectively- Worst year for most international equity indices since 2008- Sharp falls in economically sensitive commodities: oil (WTI), gasoline and lumber down 24.2%, 27% & 23.8% respectively- Volatility surges as seen in VIX ris...Read More
Traders and investors are focused on a global slowdown. Economic data releases worldwide need to beat street expectation to change the negative sentiment. US December private ADP numbers need to beat street expectation for the US dollar to rise and gold and silver to correct. However political uncertainty in the UK and Eurozone will prevent a major collapse in gold and silver. I will prefer to u...Read More
Turkish billet prices have continued to fall over the past week in line with the weak rebar and scrap markets, sources said on Thursday January 3.Fastmarkets' weekly price assessment for billet imports into Turkey was $405-425 per tonne cfr on Thursday, down from last week's $425-430 per tonne.The fall in the assessment came after a deal...Read More
Steel billet import prices into Egypt fell this week, while local rebar prices remained unchanged, sources said on Thursday January 3.Fastmarkets MB's weekly price assessment for steel billet imported into Egypt was $435-440 per tonne cfr on Thursday, falling from $440-445...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Jordan Roy-Byrne, Founder of The Daily Gold looks into the precious metals sector in terms of gold and silver prices as well as the stock ETFs. Things are looking much better for the precious metals complex heading into 2019 but it's not a clear cut bull market just yet. There are some key other markets to watch that could further push for the move into PMs. Jordan Roy-Byrne, CMT is a Chartered Ma...Read More
Judge rules that Google can collect facial recognition data without consent from users because they did not "harm" those users. This happened in Illinois where the nations toughest biometric data law is in effect. Did the judge overrule state law?Read More
Michael Pento discusses whether or not China's geopolitical power can rise fast enough to outrun its imploding corporate and household debt. Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm....Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
Ever since Dick's Sporting Goods and banks such as Citigroup made business decisions in line with the mainstream media's push for gun control, some opponents Continue...Read More
The story running around is that the hackers known as the Dark Overlord claim they will release 911 Documents unless they are paid a ransom in BitCoin. This Continue...Read More
To date, we have escaped a currency crisis in the West, but given rising debt levels and increasingly illiquid banks, how much longer can the good times last? Are gold, silver & precious metals mining stocks poised to finally rise toward their true value in 2019? Keith Neumeyer, CEO of First Majestic Silver and Chairman of First Mining Gold joins me to discuss.Keith Neumeyer is the president and C...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new "reserve currency" Continue...Read More
Apple collapsed almost 10 percent Thursday, a day after it slashed its revenue guidance in a rare acknowledgement of a slowing global economyContinue...Read More