It's a relatively quiet trend, but the most active of investors-hedge funds and traders-are aggressively putting gold hedges in place.It shouldn't really be a surprise, given the recent spike in volatility in the stock market. It hasn't been reported much in the mainstream, but an increasing number of people who make their living from investing are betting on gold.We've shown this data before, but...Read More
It's impossible to read the headlines or view a financial news channel without hearing about the debt crisis.We hear that the U.S. is facing a debt crisis because budget deficits are out of control. We hear that China is facing a debt crisis because of wasted infrastructure investment, bank Ponzi schemes and bad loans to money-losing state-sponsored enterprises.Next we hear that emerging markets a...Read More
Strengths ? The best performing metal this week was gold, up 0.62 percent. Gold posted its third quarterly gain last quarter, for the longest run since 2011, according to Bloomberg. The weekly Bloomberg survey of trader sentiment showed that most gold traders were neutral this week, while last week they were bearish on the yellow metal. The Perth Mint released sales figures showing...Read More
There's been an abundance of commentary on the net long position of the "Swap Dealers" in Comex silver futures per the COT report. As of the latest COT report, the Swap Dealers are net long almost 22k silver contracts. This is unprecedented. At the same time, the "Large Speculators," the majority of which is comprised of the "managed money" (hedge funds) sub-component, are net short nearly 1...Read More
By Ira EpsteinGold going sideways.https://www.iraepstein.com/ Read More
Cuban doesn't mince words when it comes to his opinion of gold.Considering how far off base his supply side argument was, it gives his other statements on gold zero credibility.There are times to hate gold, this is not one of them.Mark Cuban...billionaire, Mav's owner, investor, philanthropist, and future U.S. Presidential candidate?...doesn't mince words when it comes to his opinion of gold....Read More
By Ed Steer07 April 2018 -- SaturdayYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM The gold price was up about seven bucks or so by around 9:20 a.m. China Standard Time on their Friday morning, but at that moment, the dollar index was turned higher -- and gold turned lower. By shortly before 9 a.m. BST in London, the price was down a bit over four dollars. It didn't do a lot until about...Read More
Technical analyst Clive Maund states that both COTs and the silver-to-gold ratio are at record extremes.We now have the most bullish setup for silver that we have ever seen. After trading sideways/down for over 20 months now, investors have completely lost interest in it, which is, of course, the perfect breeding ground for a huge rally that seems to come out of nowhere. As we will proceed to see,...Read More
. . . And a season for every activity under the heavens. So too, a time for the bull and a time for the bear and it would seem we are in for a change of the seasons. A change of that nature is not a one day affair, but is spread over time. We are well aware of the changes of day and night as these happen visibly and according to the cycle of our activities as informed by our watches. Yet, even usi...Read More
Precious metals expert Michael Ballanger discusses Donald Trump's trade war with China and the implications for the gold market.When I played pro hockey in Richmond, Virgina, it was during the era of "Slapshot!" and the Broad Street Bullies when gooning (fighting) was fashionable and an integral part of the sport. Stocking your team with two-or three enforcers meant that the finesse players could...Read More
MIT researchers published a paper this week where they explain that thin layers of solid oxide protective coating for metals can deform as if they were liquid, filling any cracks and gaps as they form.In a press release, the scientists explain that the coating layer should be especially useful to prevent the leakage of tiny molecules such as the hydrogen gas used to power fuel-cell cars or tritium...Read More
Eldorado Gold won the arbitration against the Greek government.The remaining Skouries mine permits should be received sooner or later.Eldorado Gold should focus on Lamaque and Kisladag and leave Skouries at care and maintenance at least by 2022.EGO is a great buy at a share price below $1.Eldorado Gold (EGO) announced a positive ruling of the arbitration panel regarding its Greek Skouries mine. Ac...Read More
Goldstarted the month with an upswing, silver soared and… Silver stocks declined. Yes,you read that right. Big upswings can be bullish developments, but it’sdefinitely not true in all cases. For instance, in this case, one could saythat while it’s true that gold moved higher, it failed to move to thelate-March high, let alone break above it. Why is gold not moving decisively ina...Read More
By Ira EpsteinGold refuses to breakout and/or hold onto large intraday rallies. Not a good sign.https://www.iraepstein.com/ Read More
James Grant and CNBC's Rick Santelli discuss the otherworldly nature of credit markets.?>>?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "Th...Read More
In today's video, Tom Cloud shares with viewers what they should know about the gold-silver ratio. Tom Cloud is a veteran precious metals advisor, serving clients around the world since 1977. Get Tom's powerful monetary insights and precious metals analysis every week on Follow the Money Radio with Jerry Robinson.Read More
Rick Rule of Sprott US Holdings says the gold price could receive a boost as escalating trade tensions drive investors to safe-haven assets.Read full newsRead More
"With silver-stock sentiment remaining excessively bearish, this sector is primed to soar as silver itself resumes mean reverting higher to catch up..."by Adam Hamilton of Zeal LLCThe silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is de...Read More
By Craig HemkeThere continue to be all sorts of purported analysts out there who insist that the price of gold is determined through physical supply and demand. These folks cling to the arcane notion that somehow fundamental factors are the key determinant of the daily price. Nothing could be further from the truth. Whether it's organizations like the World Gold Council, sell-side bullion bank s...Read More
By Frank HolmesStrengths? The best performing metal this week silver, down 1.13 percent. Gold traders were split this week between bullish and bearish outcomes, according to the weekly Bloomberg survey. The yellow metal is on its best run since 2011 as it wraps up a third consecutive quarter of gains and exchange-traded funds backed by bullion are also near the highest in five ye...Read More