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
From Dr. Maya Shetreat, MD:"Don't blame a clown for acting like a clown. Ask yourself why you keep going to the circus."THE WALL STREET CIRCUS DISTRACTS PEOPLE.Wall Street cheerleaders assure everyone stocks go up in the long term. Yes, they rise because the dollar is devalued every year, which they seldom discuss. Their cheerleaders avoid stating that corrections and crashes occur every five to...Read More
By: Ira EpsteinGold (and silver) continues to hold in key support zone of 18-Day Moving Average of Closes. China buying more gold again. Supportive of the gold market. Gold drifting sideways..Read More
By: Stefan Gleason, Money MetalsSocialist Venezuela's economic collapse and hyperinflationary spiral serves as a warning for American investors. It's what can happen when a government spends perpetually beyond its means and refuses to face reality.Despite a U.S. economy that appears relatively strong and stable on the surface, its foundation is beginning to crack under the pressure of a $22 tril...Read More
By: Jordan Roy-Byrne CMT, MFTAGold 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 abov...Read More
By: Stewart Thomson, Graceland Updates: 1. Is the latest tiny price correction in gold already done? 2. Please click here now. Double-click to enlarge this daily gold chart. The uptrend looks majestic, and especially so in the face of the dollar's strength against the euro and the yen.3. Whether gold rallies from the current $1306 support zone or from $1280 is not imp...Read More
Dear Friend of GATA and Gold:GATA's old friend B.L. has forwarded the text of an excellent letter he has e-mailed to a monetary metals mining company in which he long has been invested, asking whether the company will ever respond to the growing number of disclosures of manipulation of the gold and silver markets.The letter easily could be adapted by any monetary metals mining company investor f...Read More
The Indoos stalled Monday almost precisely at the 25,440 midpoint Hidden Pivot shown. Buyers subsequently gave up almost no ground, setting up a likely move past the resistance on Wednesday. If it's decisively exceeded, that would all but clinch more upside to the 25,998 target. This was already no worse than an even-odds bet because the initial thrust, labeled A-B in the chart, exceeded two...Read More
The outlook for the Brazilian mining industry has become very murky following a major accident in one of Vale's mines and the consequent increased scrutiny on operations by authorities, according to analysts.After Vale, the world's largest iron ore producer, announced it would be taking40 million tonnes per year (tpy) off its output to decommission older tailings dams, local regulators c...Read More
The dollar's best performance in two years is an obstacle for gold.Global trade worries and interest rate factors should mitigate this.Continued strength in gold stocks supports gold's rising interim trend.Even as the dollar strengthens, gold has retained its buoyancy thanks to the high levels of fear and uncertainty surrounding the upcoming U.S.-China trade deadline. In today's report I'l...Read More
How you can transform lagging indicators into leading indicators.Despite the strong January kick-start to 2019, many investors are still apprehensive of what's to come, especially considering some of the latest market-moving events -- think Fed policy announcements, U.S.-China trade negotiations, and earnings season, to start.While it's certainly no crystal ball, becoming familiar with the various...Read More
Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) is on the move again with plans to add another 25,000 sq.ft. of manufacturing space in Cathedral City, California. It is anticipated that this new facility will be up and running by Q2 2019. NEWSThe additional space will allow for expansion of the company's finished goods which currently include beverages, edibles and other consu...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
The process to exclude steel and aluminium from the Section 232 import tariffs applied by the United States is having some interesting consequences.One of these is that, in the event of a national security issue -which Section 232 was designed to address - the US would theoretically rely on Japan for its imports of steel and Saudi Arabia for its imports of aluminium.That is because those countries...Read More
The company will purchase CBD processing firm Khrysos GlobalE-commerce concern Youngevity International Inc (NASDAQ:YGYI) is one of the top performers on the Nasdaq today, after the company inked a deal to purchase Khrysos Global, a Florida-based firm that specializes in hemp-based CBD processing equipment. In addition, Benchmark lifted its price target on YGYI stock to $14 from $9 -- nearly doub...Read More
A new lithium technology could change the face of lithium production forever.Andrew Carnegie didn't invent the Bessemer converter, but used it to amass an incredible fortune producing steel at lower costs. What one simple machine can do for increasing production and lowering costs is staggering (think of the cotton gin).The lithium industry has been plagued with inefficiency and expensive producti...Read More
The Dow is heading toward its second-straight day of triple-digit gainsThe Dow Jones Industrial Average (DJI) is higher at midday after President Donald Trump indicated he could be flexible with the U.S.-China trade deal deadline. Adding to the bullish buzz are news Chinese President Xi Jinping will participate in trade negotiations with U.S. delegates later this week. The S&P 500 Index (SPX) and...Read More
The February 55 call has been popular in recent weeksThe shares of Canopy Growth Corp (NYSE:CGC) are trading up 2.9% at $45.11 ahead of the Canada-based cannabis company's fiscal third-quarter earnings report, due tomorrow, Feb. 14. CGC stock plunged nearly 11% after the company's last quarterly report last November, but options traders appear to be bracing for a post-earnings breakout this time a...Read More
Prices for domestic hollow steel sections in Europe were unchanged on Wednesday February 13, with the market seemingly paralyzed by uncertainty over EU import tariffs and quotas, sources told Fastmarkets.Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week at ?,?630-640 ($712-723) per tonne delivered on Wedn...Read More
Vancouver-based Regency Gold (NEX: RAU.H) announced it has entered into a definitive agreement with Vanadium North Resources to acquire all of its issued and outstanding common shares, the main interest behind the buyout being the Valley of Vanadium project in the Northwest Territories.In a press release, the companies said that Vanadium North holds an option to acquire 100% of the Valley of Vanad...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Wednesday February 13, with a late-afternoon appreciation in the US dollar index contributing to dampened buying sentiment while LME volumes remain low. Copper futures continued to trade in positive territory throughout the afternoon, despite falling over 3% from last week's high of $6,289.50 per tonne on...Read More