Traders will prefer to be long in gold and silver for the weekend. Sharp corrections (if any) should be used to go long for Monday. Crude oil should fall. Momentum for copper is very bullish. Sharp increase in COVID cases in key states in USA this week will ensure that gold and silver rise next week too. Only risk to my view is a sustained slide in US stock markets. I had written in previous rep...Read More
TOPICS IN THIS INTERVIEW:-Markets compared to other historical crashes.-Earnings disconnect.-Will the crash correlate to an event or cyclical?-Bond market: more destruction of capital than the stock market.-Tech stocks to fall more than rest of market.-State run, government controlled world, it's HERE.Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has p...Read More
The price of stainless steel in the European domestic market has dropped this week because of low demand, sources told Fastmarkets on Friday July 10.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe, was ?,?1,930-2,000 ($2,185-2,264) per tonne on Friday, down by ?,?50 per tonne week on week.Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
U.S. monetary policy and government stimulus measures will continue to support gold prices above $1,800 an ounce even if the Federal Reserve doesn't use any type of yield curve control measures.Expectations are growing for the U.S. central bank to launch a program that will cap low-end interest rate yields as early as September; however, Axel Merk, president and chief investment officer at Merk In...Read More
Sprott Money News ? Sprott Money News Weekly Wrap-up - 7.10.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denve...Read More
Be careful where you purchase your bullion and how you invest.Continue...Read More
There will be no V-shaped recovery. There are no green shoots despite what you hear on TV.We're in a new Great Depression and will remain so for years.Continue...Read More
Monetary and fiscal policy won't lift us out of the new depression. Let's first take a look at monetary policy.Continue...Read More
We're looking at 20 million to 28 million people in this moment, between now and September, facing eviction.Continue...Read More
"They could have stopped the plague. They could have stopped it. They didn't stop it" Continue...Read More
Many millions of dollars in taxpayer-backed coronavirus aid went to churches that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups.Continue...Read More
"Though the end result is not what I or my supporters would have written alone, the task forces have created a good policy blueprint that will move this country in a much-needed progressive direction." Continue...Read More
The price of gold has exploded this year with gold now trading around $1800 and close to the all-time highs it set on the technical analysis charts back eight years ago. Mining stocks and gold have both outperforming the stock market this year, but people are worried about the risks of a correction with gold trading near $1800.How risky is this situation for new gold buying now?I asked Jordon-Roy...Read More
Negative real yields mean opportunity cost of holding gold vanishes, analysts note.Continue...Read More
David Cole, CEO of EMX Royalty, sits down with Maurice Jackson of Proven and Probable to discuss the dynamic value proposition the royalty generator presents to the market. Maurice Jackson: My guest today is David Cole, CEO of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American). Mr. Cole, as a very proud shareholder, let me be the first to say congratulations, as EMX Royalty recently rewarded share...Read More
Bob Moriarty of 321gold discusses a company that is reopening an Idaho gold mine that closed during World War 2. Trace of Mary K Mine workings draped over Google Earth terrain imageIn 1942 with the US involved in a massive war with Japan and Germany the government made the decision to close all non-essential gold mines under the auspices of the War Production Board. It was called the Limitation O...Read More