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Gold Seeker Closing Report: Gold and Silver End Slightly Lower

December 10, 2018 / news.goldseek.com

 CloseGain/LossGold $1244.30-$4.10Silver$14.52-$0.11XAU67.40-0.79%HUI154.01+0.05%GDM560.44+0.02%JSE Gold1249.20+48.07USD97.21+0.61Euro113.57-0.53Yen88.34-0.46Oil$51.00-$1.6110-Year2.854%-0.002T-Bond144.0625+0.15625Dow24423.26+0.14%Nasdaq7020.52+0.74%S&P2637.72+0.18%  The Metals: Gold saw slight gains in Asia before it fell back to $1243.50 by a little after 8AM EST and then...Read More

COT Gold, Silver and US Dollar Index Report - December 10, 2018

December 10, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort173,019124,01852,329135,067193,316360,415369,663Change from Prior Reporting Period 16,240-30,890-13,215-37,2914,858-34,266-39,247Traders17075725050248174 Small Speculators (C) GoldSeek.com LongShortOpen Interest 39,50430,256399,919 -8,616-3,635-42,882 non reportable positionsC...Read More

The Prodigal Parent

December 10, 2018 / news.goldseek.com

By Keith WeinerThe Baby Boom generation may be the first generation to leave less to their children than they inherited. Or to leave nothing at all. We hear lots often from Baby Boomers about the propensities of their children's generation. The millennials don't have good jobs, don't save, don't buy houses in the same proportions as their parents, etc.We have no doubt that attitudes have changed...Read More

Technical Scoop - Weekend Update December 10 2018

December 10, 2018 / news.goldseek.com

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12December 10, 2018"If I owe a million dollars, I am lost. But if I owe $50 billion the bankers are lost" Celso Ming (Brazilian journalist, 1942-) "The principles of successful stock speculation are based on the supposition that people will contin...Read More

Precise Benchmarks If the Selloff Continues

December 10, 2018 / news.goldseek.com

Index futures were groping for a bottom Sunday night, extending Friday's losses by about a 35% on light volume. DaBoyz will have a chance to exhaust sellers at somewhat lower levels, since the Mini-Dow and the Mini S&P were within easy distance of Hidden Pivot supports that lie, respectively, at 24094 and 2599.25. If neither holds, we'll shift our attention to market bellwether AAPL, which could...Read More

The fundamental backdrop turns bullish for gold...almost

December 10, 2018 / news.goldseek.com

Apart from a 2-week period around the middle of the year, my Gold True Fundamentals Model (GTFM) has been bearish since mid-January 2018. There have been fluctuations along the way, but at no time since mid-January have the true fundamentals* been sustainably-supportive of the gold price. However, significant shifts occurred over the past fortnight and for the first time in quite a while the fun...Read More

Gold and Silver Gained 2% and 3% Last Week While Stocks Dropped Nearly 5%

December 10, 2018 / news.goldseek.com

CloseGain/LossOn WeekGold$1248.40+$10.10+2.19%Silver$14.63+$0.25+3.25%XAU67.94+2.40%+5.40%HUI153.93+2.58%+6.13%GDM560.05+2.34%+5.32%JSE Gold1201.13-0.09+9.31%USD96.60-0.14-0.61%Euro114.10+0.24+0.80%Yen88.80+0.01+0.67%Oil$52.61+$1.12+3.30%10-Year2.856%-0.031-4.86%Bond143.90625+0.34375+2.27%Dow24388.95-2.24%-4.50%Nasdaq6969.25-3.05%-4.93%S&P2633.08-2.33%-4.60%Weekly Performance (Source: GoldSeek...Read More

John Rubino - We Have Learned Nothing and Forgotten Nothing

December 10, 2018 / marketsanity.com

It's been 10 years since the Crash of 2008-09. And we have learned absolutely nothing. A look at the rioting in France proves this point. There are many aspects to it, but failing economic policies, higher prices, out of control immigration have all contributed to the inferno. Will Marine LaPen be the next lead of France? Let's find out what the bookies are saying. We also answer your questions so...Read More

Axel Merk discusses his outlook for the economy and investing heading into 2019

December 10, 2018 / marketsanity.com

Topics:- Global themes for 2019- Merk outlook for the economy and investing- How to position your portfolioAxel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer i...Read More

Are The YELLOW VEST Protests Coming To CANADA? (With G. Edward Griffin)

December 10, 2018 / marketsanity.com

The Prime Minister of Canada Justin Trudeau is planning to dramatically increase taxes on carbon emissions to combat climate change...he plans to set a national price on carbon emissions of $7.5 a ton rising to $37.50 by 2022! Similar tax hikes have caused massive upheaval in France where protesters are putting on yellow vests in solidarity and they're hitting the streets. In this video Dan Dicks...Read More

Rick Rule -Gold Price is Stupidly Low Relative to Monetary Inflation

December 09, 2018 / marketsanity.com

Rick Rule shares with us on SBTV his valuable observations of investing the contrarian way and investor psychology needed to survive a bear market. We find out how Rick views physical gold and other resources that are on his radar at this moment.Discussed in this interview:01:11 Investing the contrarian way.04:43 Investor's psychology in a bear market.08:11 A bear market is a sale.10:10 Ascent of...Read More

Ben Swann: What you need to know about Facebook's purge on independent media

December 10, 2018 / marketsanity.com

Manila Chan talks to investigative journalist, Ben Swann, about Facebook's purge on independent media. Read More

These Americans fled the country to escape their giant student debt

October 27, 2018 / marketsanity.com

For some Americans, the burden of too much debt is something they'll never recover from. These borrowers took a drastic step to escape their debt servitude: leave America and never returnContinue...Read More

Michael Pento: Does Wall Street Now Have A Powell Put?

December 10, 2018 / marketsanity.com

First, let's explain exactly what a "Fed Put" is. A Fed put is defined as The confidence of Wall Street that the Fed will lower interest rates and print money to support the Continue...Read More

Martin Armstrong: The Coming Political Siege Warfare of 2019

December 10, 2018 / marketsanity.com

As I have warned, the next two years are going to be an outright political siege warfare. Far more damage will be done to the United States and the world economy in this desperate Continue...Read More

Billionaire investor Paul Tudor Jones: Fed won't hike rates in 2019

December 10, 2018 / marketsanity.com

Billionaire investor Paul Tudor Jones discusses monetary policy at the Federal Reserve and what the commodities markets says about the economy.Read More

Trump changes his mind again on military spending, now wants a big boost next year

December 10, 2018 / marketsanity.com

President Trump is expected to announce plans this week for a significant boost in military spending next fiscal year, backtracking on previous statements he made saying he wanted to cut theContinue...Read More

The bear market is here, and stocks will plunge at least 20 percent, Ned Davis Research warns

December 09, 2018 / marketsanity.com

The effects of tax cuts are wearing off heading into 2019 and earnings are showing signs of weakening according to Ed Clissold of Ned Davis ResearchContinue...Read More

Anaconda files updated resource estimate for Goldboro

December 10, 2018 / www.mining.com

Longitudinal section of the Goldboro deposit looking north. (Image: Anaconda Mining)NOVA SCOTIA - Anaconda Mining of Toronto has filed an updated 43-101 report for the resources at its Goldboro gold project 175 km northeast of Halifax. The deposit is now thought to contain 3.8 million measured and indicated tonnes grading 4.96 g/t gold and containing 602,700 oz. The inferred estimate is 2.1 millio...Read More

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