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
Join Mike Maloney as he explores the question of whether or not the United States has already entered recession territory.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling...Read More
Ray Dalio sat down with one of his greatest heroes, Paul Volcker, to talk about the state of the economy and U.S. government as well as learn about the principles that guided his incredible career. The pair discuss the decline of civil service and how Paul hopes to revitalize the field with The Volcker Alliance by working with universities and the government to train people effectively and efficie...Read More
The Turkish steel mills returned to silence in the deep-sea scrap markets on Tuesday February 12 after a strong buying spree over the past two weeks.Market participants believed that scrap prices were still becoming firmer, in line with the global price trend in raw materials and tightening supplies of scrap."The offers for HMS 1&2 (80:20) are going up to $335 per tonne cfr Turkey from suppliers i...Read More
A George Washington University student bureaucrat is pushing forward with a plan to do away with the school's Colonial mascot.Continue...Read More
There is a new and very serious data scandal rising up with iPhones that Apple is being asked to shutdown. There are a number of majorContinue...Read More
Chris Vermeulen is first and foremost a technical trader. Fundamentals hold little interest to him, probably because he can't make money off of them. He sees a big potential rally coming in gold, after one last round of weakness. He thinks it could be a considerable decline, which he welcomes, as it would provide confirmation to his theory. His other big play is NatGas - a/k/a the Widowmaker - as...Read More
The seaborne iron ore market agreed on the logic behind the rise in prices on the first day of trading after China's return from the Lunar New Year on Monday February 11 but by day two it failed to reach an agreement on the rally's sustainability.Fastmarkets MB 62% Fe Iron Ore Index stood at $90.58 per tonne cfr China on Monday, the highest level since March 2017, with market participants re-calib...Read More
I hate to be so cynical, but the markets love to fool as many people as possible, bulls and bears alike. This is especially true at key turning points and even more so Continue...Read More
John 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 featured columnist with TheStreet.com and a freq...Read More
What we will first see before ever reaching that point in the United States is the significant impact of STAGFLATION. Rising taxes increase the cost of doing Continue...Read More
Despite a sharp post-Christmas-Eve rally in stocks, investors have been fleeing to cash and dumping risk in large numbersContinue...Read More
Discovered in 2017, the high grade epithermal gold system known as the Saddle target continues to demand attention from the drillers and geologists of Vancouver-based GT Gold. The target is on the company's flagship Tatogga property near Iskut in the province's Golden Triangle.Last year's drilling expanded the strike length at Saddle both to the east and to the west for several hundred metres as...Read More
U.S. companies posted the most open jobs in December in the nearly 20 years, evidence that Trump's economic policies are having a profound effect on the job market Continue...Read More
The equity market won't keep returning the kinds of annual gains investors have become accustomed to over the past decadeContinue...Read More
Gold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged above the critical 400-day moving av...Read More
The Italian government might sell the country's gold holdings in an attempt to avoid an increase Continue...Read More
Both the WGC and LBMA published outlooks for the global economy and gold market in 2019. Who is right?WGC's Outlook for gold in 2019Let's start from the World Gold Council (WGC) which published its 2019 outlook on January 10th. As befits the organization representing industry's interests, the WGC is bullish on gold prices. No surprises here. According to the institution, the following trends will...Read More
China continues to be a major player in the global gold rush, increasing its gold reserves for two months in a row Continue...Read More
South Africa's Sibanye-Stillwater said on Tuesday it was considering measures, including restructuring if alternative solutions could not be found to bring loss-making gold shafts back to profitability. Gold producers in Africa's most industrialised economy, which have some of the world's deepest mines, have seen profits squeezed by rising costs, labour unrest and declining grades.Sibanye said it...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM) is selling its S?(C)gu?(C)la gold project and its portfolio of 11 exploration tenements in C??te d'Ivoire to Canada's Roxgold (TSX: ROXG) in a deal valued at $30 million.The Toronto-based miner will pay $20 million upfront, followed by a $10 million deferred payment due if and when S?(C)gu?(C)la reaches production.S?(C)gu?(C)la will b...Read More