Markets Insider, Released on 2/2/23"We are printing too much, and it's not just the United States." "We are in a world where money as we know it is in jeopardy," Continue... Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin added by Herman James on 02/11/2023View all posts by Herman James ?+'Read More
Wall Street On Parade, Released on 2/10/23The bottom line is that Congress, the Fed and other federal Continue... Credit Suisse tanks as it acknowledges bank run added by Herman James on 02/11/2023View all posts by Herman James ?+'Read More
Hi,You're invited to a free commodity-trading webinar!Join Elliott Wave International's Chief Commodity Analyst, Jim Martens, this Thursday, Feb. 9 at 1 p.m. Eastern time for a special, live webinar: Today's Best Commodity Setups. During this live forecast, Jim will show you the top commodity opportunities on his radar. He'll then open it up so you can ask him your most pressing market questions a...Read More
And similar trend for the Gold price, also attempting to break out higher off the October - November base that is likely to Gold target a trend to between $2000 and $2100 during 2023 vs the last close of $1804. Looking at the longer-term chart then I am not seeing as much upside potential in Gold as Silver has, i.e. at best Gold appears to be targeting a trend to $2500 over the next couple of year...Read More
Gold sold off following the US Federal Reserve’s Feb. 1 decision to raise interest rates another 25 basis points. The federal funds rate now sits at between 4.50 and 4.75%.Spot gold at first gained about $20 to $1,956, within $80 of the all-time high of $2,034, reached in August, 2020. The dollar fell Wednesday along with bond yields.The market’s initial take was that the Fed is nearly...Read More
SILVER SEDIMENT “Sediment is solid material that is moved and deposited in a new location. Sediment can consist of rocks and minerals…” and “matter that settles to the bottom…”The silver price closed on Friday at $22.30 oz., down $1.15 from its closing price the day before.What is worse, though, is that it follows a drop of $.50 oz. on Thursday. And,...Read More
My last look at the prospects for SIlver of early May 2022 warned to expect the inflationary crack up boom to eventually make it's way to the precious metals complex - The CRACK UP BOOM! Implications for Stocks, Housing. and Commodities, Silver PotentialSilver is at the opportune level of $22 for long-term accumulation that first targets the top of the range at $28 and then on a breakout higher to...Read More
"If you believe in Gold as a consumer price inflation hedge then..."Back in the days of the Roman Empire, an ounce of gold could buy a Roman a well-made toga, belt and finely crafted sandals.In modern day Rome, lo and behold, a businessman can become sharply dressed via the value of that same ounce of gold.So, yes, gold has maintained its store of value over the centuries.However, in the relative...Read More
The CBD market is growingrapidly, making it challenging to stay on top of the latest trends. Withconsumer demand on the rise and more products than ever hitting shelves, it'sessential to know what changes and innovations are happening in this exciting industry.In this post, we'll dive into key trends that entrepreneurs, retailers, andcustomers need to be aware of when navigating the world of CBD....Read More
A key technical pattern warns of a reversal It probably won't be a surprise to you that Elliott Wave International is an advocate of technical analysis. After all, the Elliott wave method is a form of technical analysis.You probably know that the term "technical analysis" refers to analyzing the behavior of financial markets themselves -- generally by studying charts -- as opposed to "fundamental"...Read More
By Stefan Gleason, Last year was one of the worst on record for a conventional stock and bond portfolio. The major stock and bond market indexes both fell by double digits.Investors who were diversified into physical precious metals fared much better. While it wasn't a banner year for gold and silver markets, they eked out slight gains – which translated into a massive outperformance versus...Read More
Mining companies continue to embrace digital technology to improve productivity and safety, and to make the most of insights made possible by big data and increasingly connected equipment and operations. But in the wake of at least two high-profile incidents involving the mining industry in recent months, experts agree that mining companies are not well prepared to deal with escalating and evolvin...Read More
The Northern Miner recently sat down with BHP Xplor's VP Sonia Scarselli to discuss the recent announcement of the accelerator program's first cohort of companies.The seven companies selected will receive funding and support under the BHP Xplor program, which is designed to help provide participants with the opportunity to accelerate their growth and the potential to establish a long-term partners...Read More
The geophysical community lost a giant on Dec. 22, 2022, when Norm Paterson passed away, a month short of his 97th birthday. Paterson's remarkable career spanned a range of techniques and a number of companies that built strong legacies, with contributions to the full exploration cycle from instrument development to interpretation. He touched and influenced a number of prominent geophysicists alon...Read More