Here are five Fastmarkets stories you might have missed on Friday February 28 that are worth another look.The steel export trade from Iran has been hurt by neighboring countries closing their borders due to the appearance of coronavirus infection in the Middle Eastern country, Fastmarkets learnt on February 28.The global novel coronavirus (2019-nCoV) outbreak is putting bearish pressure on negotia...Read More
Bob Moriarty of 321gold discusses a company he sees as a safe haven amid economic chaos. Last week provided a glimpse into the future of the stock market. Only a glimpse. It is going to get a whole lot worse.On January 1, I said in an article I titled Beware the Stock Market, "As the Everything Bubble pops, the financial system will destroy most investors because they are unprepared." Lest my rea...Read More
Proven and Probable's Maurice Jackson and Sprott USA financial advisor Tekoa Da Silva discuss the common mistakes investors make in securing private placements. Maurice Jackson: This is one interview in a special four-part series entitled All About Private Placements. Joining us for conversation is Tekoa Da Silva. He is an accomplished licensed financial advisor for Sprott USA, the preeminent nam...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend, Greg Weldon, CEO and President of Weldon Financial. Greghas decades of market research and trading experience specializing in themetals and commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp, where he accurately predicted the implosion of the UScredit market and urged people to buy gold...Read More
Gary SavageIf you are going to trade precious metals then you MUST accept that you are fighting a battle with the bullion banks and the rules and the law simply do not apply to them. First big warning sign, miners were being suppressed. Why? The bullion banks were heavily short gold that they can't keep adding more shorts. The gold cartel therefore began shorting gold stocks and silver..http://b...Read More
Clive MaundThis article was conceived as a "souvenir article" to assist those of you who did the trade - and I know from feedback that a significant number of you did - in gloating at its glorious success - but here's the thing, working on it turned up some valuable insights that we can turn to our advantage in the immediate future. You will soon see what I mean.As Friday wore on I became more a...Read More
Before their recent surgeon gold regaining $1600, the gold stocks spent much of the past half-year or solargely drifting sideways to lower. Thathigh consolidation really weighed on sentiment, with greed giving way to apathy. This sector normally tends to suffer aseasonal slump into mid-March, paving the way for gold stocks’ spring rally. That’s their second-strongest...Read More
With new cases of COVID-19 outside China rising, the chances of a pandemic and global recession have increased recently. What are the implications for the gold market?Coronavirus Spreads Over the WorldUnfortunately, the new coronavirus remains the hottest topic of the news. Although the COVID-19 epidemic has been slowing down in China since the beginning of February, it has quickly spread to sever...Read More
In December, the Sveriges Riksbank, the world’s oldest central bank, has raised the main interest rate from -0.25 percent back to zero, ending its experiment with the negative interest rate policy, as the chart below shows.Chart 1: Riksbank’s repo rate from January 2010 to January 2020. This is a huge change. As a reminder, Riksbank was a pioneer of negative interest rates. As early as...Read More
Gold and stocks are moving south together; but they are not correlated. Nor, are they inversely correlated, as some gold enthusiasts claim.Reference to gold as a safe haven has some investors buying gold to hedge against a stock market crash. It is almost as if gold has become a pseudo defensive stock.It seems investors actually expect gold’s price to go up when the stock market goes down; a...Read More
Here are five Fastmarkets stories you might have missed on Friday February 28 that are worth another look.The steel export trade from Iran has been hurt by neighboring countries closing their borders due to the appearance of coronavirus infection in the Middle Eastern country, Fastmarkets learnt on February 28.The global novel coronavirus (2019-nCoV) outbreak is putting bearish pressure on negotia...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended Feb-28, 2020$BTG $KOR.TO $EDV.TO $GCM.TO $MAG $SKE.V $AUY B2Gold: The company finished 2019 very strong and had a record 2019. Production for the full year totaled 980k oz. Au. In 2020, production is forecast at 1m-1.055m oz. Q4 2019 all-in sustaining costs (AISC) came in at $882/oz. and cash flow from operations totaled...Read More
Gary SavageIf you are going to trade precious metals then you MUST accept that you are fighting a battle with the bullion banks and the rules and the law simply do not apply to them. First big warning sign, miners were being suppressed. Why? The bullion banks were heavily short gold that they can't keep adding more shorts. The gold cartel therefore began shorting gold stocks and silver..http://b...Read More
Clive MaundThis article was conceived as a "souvenir article" to assist those of you who did the trade - and I know from feedback that a significant number of you did - in gloating at its glorious success - but here's the thing, working on it turned up some valuable insights that we can turn to our advantage in the immediate future. You will soon see what I mean.As Friday wore on I became more a...Read More
David HaggithIt just can't get bad enough, and I can 't write fast enough. The headlines at the end of the week are now stunning, so I'm going to share several of them along with some quotations from the bawling and dying market bulls. In just one week, this has become the fastest stock market plunge since the Great Depression! So, if you have a bull you love, save his bullish butt by nailing...Read More
Greg Weldon: Could Get Worse for Markets But It's a Gold/Silver Buying OpportunityWelcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up Greg Weldon of Weldon Financial joins me for another tremendous interview where he breaks down the market fallout still ahead of us as a result of the coronavirus, why gold and silver won't be immune to the selloff that will continue to take pla...Read More
Y2K ReduxSupply Chains UnlinkedFed FutilitySome Silver LiningsHow to Find the Opportunity I See EverywhereFor the last 3+ years, I have maintained it would take an "exogenous" event to send the United States into recession. Historically suboptimal growth? Sure, but sub-3% growth isn't a recession.The coronavirus obviously qualifies as an exogenous event. But that doesn't mean a textbook two-quar...Read More
Here are five Fastmarkets stories you might have missed on Friday February 28 that are worth another look.The steel export trade from Iran has been hurt by neighboring countries closing their borders due to the appearance of coronavirus infection in the Middle Eastern country, Fastmarkets learnt on February 28.The global novel coronavirus (2019-nCoV) outbreak is putting bearish pressure on negotia...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended Feb-28, 2020$BTG $KOR.TO $EDV.TO $GCM.TO $MAG $SKE.V $AUY B2Gold: The company finished 2019 very strong and had a record 2019. Production for the full year totaled 980k oz. Au. In 2020, production is forecast at 1m-1.055m oz. Q4 2019 all-in sustaining costs (AISC) came in at $882/oz. and cash flow from operations totaled $1...Read More
RAPAPORT... Marvin Heyman, president of jewelry manufacturer and brand Oscar Heyman & Brothers for 14 years, died on February 23 at the age of 89.Heyman began his career with the family-run firm started by his uncle in 1953, working as a bench jeweler in the shop as well as in the company's diamond office. After 10 years, he moved to the workshop alongside his father, Harry Heyman, becomi...Read More