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
Getting in on this IPO could be the easiest way to turn a little bit of money into a lot of money very quickly.It's hard to imagine an IPO doing better than Tilray - the small pot stock that soared nearly 1,000% just weeks after going public.But one analyst may have uncovered a tiny IPO stock that's even better.In fact, the first thing this analyst strongly recommend is for investors to make the...Read More
The US dollar could pare some of yesterday losses which have been spurred by series of dovish comments from the Fed officials. EURUSD is now trading near 1.1520, after reaching 1.1569 and the pair is still well-exposed to testing of 1.15 psychological level as a supporting level has been forming previously resistance in front of the pair on last Nov. 7. St. Louis Fed Governor James Bullard warned...Read More
Turkey's long steel export market continued to struggle this week, with virtually closed markets in Europe and the United States and falling prices stifling demand, sources told Fastmarkets on Thursday January 10.Turkish steel producers were generally offering rebar for exports at about $445-450 per tonne fob on an actual weight basis, with only a handful of mills still trying to keep their o...Read More
By: Jay Martin, Cambridge House International"When you have eliminated the impossible, whatever remains, however improbable, must be the truth". - Sherlock HolmesThe Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the last twenty-five years.In January, 2011, it was a struggle to walk in a straight line down any of the exhibition aisles.It was crow...Read More
2019 is looking like one of those either/or years, where growing financial instability leads to either a 2008-style financial crash or another round of asset inflation. In Jay Taylor's latest newsletter, he concludes that both scenarios are good for gold:Which Safe Haven Markets Will Dominate in 2019?If we are, as I believe, on the precipice of a major decline in stocks, the question in my mind...Read More
By: Dave KranzlerThe stock market has gone "Roman Candle" since Fed Chairman, Jerome Powell, gave a speech that was interpreted as a precursor to the Fed softening its stance on monetary policy. Not that intermittent quarter-point Fed Funds rate nudges higher or a barely negligible decline in the Fed's balance sheet should be considered "tight" money policy.Credible measures of price inflation...Read More
By: Axel Merk, Merk InvestmentsThe quip, "if you aren't confused, you aren't paying attention" needs to be replaced: "with the Fed confused, you better pay attention." You may want to buckle up. Let me explain.It all starts with the Fed...In assessing our crystal ball for 2019, the starting point is the Federal Reserve (Fed) because they provide an anchor for the price of risk-free assets (Tre...Read More
By: George Smith I collect gold in the form of important insights, and in this article I'd like to share some of them with you. Until a few years ago I never thought of Moore's Law and a gold coin standard as having an important connection, but they do. Gary North lays it out (8/17):The gold standard was an institutional restraint on the expansion of government spending, and central banks we...Read More
By Ira EpsteinThe Fed is pausing, rallying gold - higher lows, higher highs:Read More
Gold Outlook 2019 - World Gold CouncilAs we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance: ? financial market instability ? monetary policy and the US dollar ? structural economic reforms.Against th...Read More
Turkish steel producers continued to book deep-sea scrap to replenish low stock levels on Thursday January 10, while the finished steel markets were still weak.A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 28,000 tonnes of HMS 1&2 (80:20) at $280 per tonne, 5,000 tonnes of shredded at $285 per tonne and 3,000 tonnes of bonus at $290 per tonne...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday January 10 that are worth another look.Chinese central government regulators will begin a new round of environmental protection inspections in the country's metals and mining industry this year, which will take about four years to complete. The volatility in manganese ore prices should rise in 2019 while increases in...Read More
Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More
The quip, "if you aren't confused, you aren't paying attention" needs to be replaced: "with the Fed confused, you better pay attention." You may want to buckle up. Let me explain. It all starts with the Fed... In assessing our crystal ball for 2019, the starting point is the Federal Reserve (Fed) because they provide an anchor for the price of risk-free assets (Treas...Read More
Investing.com - Gold prices edged up on Thursday in Asia after the U.S. dollar slipped amid growing expectations that the U.S. Federal Reserve would halt its rate tightening cycle in 2019.Gold futures for February delivery traded 0.4% higher to 1,296.55 by 1:45?EUR?AM ET (06:45?EUR?GMT) on the?EUR?Comex?EUR?exchange.Minutes from the Fed's Dec. 18-19 policy meeting revealed that several members sai...Read More
The bullish outlook, which we laid out for silver in mid-November 2018 appears to be getting confirmed. The support level, which we suggested as a potential stop-loss level held firm. Silver unfolded the strongest rally throughout 2018 shortly after we submitted the last article with our bullish case for silver to FXStreet. Subsequently, the precious metal increased by 12% during an extremely chal...Read More
• The precious metal stalled its positive momentum, triggered by dovish FOMC meeting minutes and once again failed ahead of the key $1300 mark amid a modest USD rebound. • Given the overnight bullish break-though a short-term descending trend-line, now coinciding with 100-hour SMA, any meaningful retracement might be seen as a buying opportunity. &nb...Read More
New Gold reports Q4 production numbers.Finally, Rainy River mine performance trends to the upside.New Gold shares rally, but there may be more to come if the company shows investors viable path to success in upcoming guidance and earnings releases.Back in early November 2018, I was looking at New Gold (NGD) shares for potential speculative play. At that time, it looked like shares were on pause un...Read More
• The USD continues to be weighed down by dovish FOMC meeting minutes. • Fading US-China trade optimism/risk-off mood provides an additional boost. • Investors now eye speeches by influential FOMC members for a fresh impetus. Gold prices edged higher on Thursday and moved back within striking distance of multi-month tops, closer...Read More
What the banks are doing is so freaking obvious and ridiculous, but Craig says to get ready, because it is going to be like this all year...by Craig Hemke of TF Metals ReportThis is so freaking obvious and ridiculous that I thought it deserved its own post. What's even more ridiculous is the amount of shills and charlatans who still publicly cling to the silly notion that the Comex silver market i...Read More