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
Gold futures declined Friday, following a key reading of U.S. jobs that came in better than expected and data that revealed a monthly rebound in the ISM manufacturing index. However, prices for the yellow metal still tallied a second weekly climb in a row after the Federal Reserve hinted at a pause in interest-rate hikes and amid ongoing support from various geopolitical issues, including uncertai...Read More
By: RambusBelow is a weekly chart for the GDX we've been following for a long time watching the two and a half year falling wedge completing about 8 weeks ago when we finally got the breakout. The backtest to the top rail took about seven weeks to complete with this weeks price action possibly beginning the impulse move higher. To be honest I still can't rule out another backtest to the top rail...Read More
By: Ira EpsteinMetals look ready to start consolidation of recent rally:Read More
Feb. 1st, 2019(S14-E681)Featured GuestsBill Murphy &Arch CrawfordPlease Listen HereShow HighlightsFormer NFL player Bill Murphy of GATA.org returns as fans prepare for NFL Super Bowl LIII with Tom Brady and Bill B. seeking yet another championship.The show kicks off with the current theme of mergers in the gold-mining industry suggesting further industry acquisitions in small gold-miners.Su...Read More
By: RambusBelow is a weekly chart for the GDX we've been following for a long time watching the two and a half year falling wedge completing about 8 weeks ago when we finally got the breakout. The backtest to the top rail took about seven weeks to complete with this weeks price action possibly beginning the impulse move higher. To be honest I still can't rule out another backtest to the top rail...Read More
By: Richard (Rick) Mills Venezuela is reaching for its last card as the deck collapses on President Nicolas Maduro's failed regime. The country is selling its gold in order to provide liquidity for imports of basic goods.ou know your regime's days are numbered when you start eyeing your bullion. Indeed gold's status as store of value, as money, the only currency available when yours is wort...Read More
By: Ira EpsteinMetals look ready to start consolidation of recent rally:Read More
Dear Friend of GATA and Gold:GATA consultant Robert Lambourne's report yesterday about the gold trading signified by the December financial statement of the Bank for International Settlements speculated that the bank's use of gold swaps might mean to recover gold for central banks that are inconveniently short in their official reserves:http://www.gata.org/node/18825In response to Lambourne's an...Read More
By: Robert LambourneSaturday, February 2, 2019Disclosures in the recent monthly statements of account published by the Bank for International Settlements show that the bank is still actively trading in gold swaps, which the bank uses to gain access to gold held by commercial banks.There is not enough information in the monthly reports to calculate the exact amount of swaps. But based on December...Read More
All Models Are Wrong, but Some Are UsefulStarting Valuation MattersEmpty QuarterFun with Forecasting: Choosing Your Time PeriodsLate in the CycleRemoving EmotionsCan It Get Any Better Than This?Puerto Rico, Dallas, Cleveland, Cleveland, Cleveland, and ???"Plans are worthless, but planning is everything." US President Dwight D. EisenhowerThere are many versions of that Eisenhower quote he learn...Read More
"I think President Trump is going to preside over a bankruptcy. He's gone through bankruptcies with his own companies and understands the process. That's what this is. It's the bankruptcy of the corporation of the United States."Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Fr...Read More
*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerThe Fed CAVED. Maybe they did it to please the Donald. Maybe they did it because they know the tax cuts aren't working and the economy isn't being stimulated. Whatever the reason, it has national and global repercussions.?>>?*If the volume isn't working, click the volume icon located in t...Read More
The question of the Democrats to win in 2020 by constantly investigating Trump and links to Putin is rising to the surface. While the Democrats blame Putin for Continue...Read More
Palladium recent hit an all time high. Rick Rule joins Silver Doctors to discuss how palladium has amazing upside potential still, and how a supply disruption could trigger a massive move higher. He also discusses possible downside potential.Rule first discusses the gold mining sector. The recent Barrick/Randgold merger created the largest gold mining company in the world. Also, Rule discusses the...Read More
The 2019 World Economic Forum Annual Meeting is in the books. This is an elite conference that takes place at the end of January every year. It's held in the exclusive ski resort Continue...Read More
We Baby Boomers timed it perfectly. We came of age during in an era of plentiful jobs and relatively high wages. Public pensions were generous. Stock, bond and Continue...Read More
"You have a young and energetic gentleman but you have other people within that same group that have been very, very - if you talk about democracy - it's really democracy in action," Continue...Read More
"We're going to keep watching and we're going to keep seeing and if there's trouble, if somebody is looking to do nuclear weapons or other things, we're going to know it before they do."Continue...Read More
After years on the sidelines, gold producers are suddenly the mining world's hottest topic as the industry gathers in Cape Town this week.For more than half a decade, gold miners have been stuck in the doldrums, shunned by investors following a string of missteps and bogged down by a stagnant bullion price. Then, in September, a surprise mega-deal turned the industry on its head.Barrick Gold Corp....Read More
Billet prices increased last week in the Commonwealth of Independent States (CIS), Turkey, Southeast Asia and most other regions due to rising scrap costs.Fastmarkets' daily ferrous scrap index of North Europe-origin HMS 1&2 (80:20) was $297.39 per tonne cfr Turkey on Friday February 1 compared with $288.01 per tonne cfr on January 25.The increase was mostly due to tight supply in Turkey.Iron ore...Read More