Sector expert Michael Ballanger ruminates on the bubble-popping influence of government and the banking sector on cryptocurrencies, and offers a brief rundown on his most current holdings. To put it mildly, the business of financial forecasting is not only an inexact science, it is a magnified case study in handicapping, the likes of which you find in sports betting such as horse racing or baske...Read More

Both appointees have years of experience in the field. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) announced in a news release it appointed Peter Dickie as a director and Peter Damouni as the board's new chairman.Dickie and Damouni take the place of Leigh Hughes, who recently resigned. The new director has more than 35 years of experience in the public and private corporate world, having...Read More

The purpose is to follow up on identified high-grade gold anomalies. Bouboulou Gold Concession - West AfricaNexus Gold Corp. (NXS:TXS.V; NXXGF:OTCQB) announced in a news release it plans to start an up to 2,000 meter (2,000m), initial drill campaign next month at its Dakouli 2 gold concession in Burkina Faso.Drilling will test several compelling targets identified to date via geochemical surveys...Read More

The next milestone for the Canadian company is submission of its application for permits. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release the completion and filing of a South Railroad preliminary feasibility study on its Dark Star and Pinion oxide gold, heap-leach project in Nevada.The study has 47.344 million tons of reserve ore at 0.82 grams per ton (0.82 g/t) gol...Read More

Trade wars, geopolitical tensions and slowing economic indicators. Both the ECB and the Fed have recently cut interest rates to stimulate slowing growth, hoping to escape possible recession. Will they succeed? After all, they don’t have the most reliable record when it comes to preventing busts. Let’s get into the central flaw of central banking and what it implies for gold. Both the E...Read More

They call copper the metal with the Ph.D. in Economics. But these days Doctor Copper is little more than a quack in that regard, taking a cue from the metals whose interplay will be critical to deciding the coming macro for 2020 and the run up to the next US election. Thus, they are the 3 Metallic Amigos, riding together but providing different signals at different times (this being nftrh.com, you...Read More

Since 2016, the US Monetary Base hasdeclined by about 23.68%. This is the deepest and longest decline since theFederal Reserve was formed. This should not be ignored.The last time there was a decline close tothis magnitude,there was a sharp deflationary recession. That was the one thatoccurred from 1920 to 1921.Below, is a long-term chart of the Monetarybase that goes back to 1918: During the 1920...Read More

Gold is the most effective commodity investment, yet it is under-invested, the WGC reports. What makes it special and deserving of our focus? And how to translate that focus into an appropriate allocation within one’s portfolio?Gold is Unique Commodity. Or… Maybe Not?Gold is often included into commodities. It seems natural, gold is a metal, after all. And just like other raw material...Read More

Recently, Mark Zuckerberg appeared before the US Congress to discuss his new Libra project and to attempt to calm concerns related to his new global alternate currency project.  It appears this project is putting global political leaders in a particularly powerful position of either accepting the Libra project as a viable future solution and implementing new laws and regulations in support of...Read More

“What is thebest predictor of future behavior? Past behavior.” And while this certainlydoes not always hold, there is a lesson to be learned from this adage for goldinvestors. Yup, a saying about behavior might be important for the preciousmetals market. The basic idea is that behavior can be understood as historyhere. And so, the best predictor of future developments could be pastdeve...Read More

Boris Johnson struggles to push the Brexit agreementthrough the British Parliament. For it can bite back! Who wins this battle? Onecould hope that gold, but this is not so certain… Johnson’s Struggle,ExplainedOn Thursday, the breaking news came out that the EUand the UK reached agreement on Brexit. Theagreement scrapped the Irish backstop that had formed the bulk of theopposition to t...Read More

The oil markets rank among the mostvolatile commodity markets in the world, thanks in large part to the myriadfactors that determine oil prices. Geopolitical concerns, the actions ofspeculators, regional tensions, demand and supply considerations, alternativetechnologies, and many interrelated factors determine oil prices. For example,the Iranian attack on SaudiArabian oil fields was a major setba...Read More

With the odds of a Brexit deal by the October 31 deadline declining, gold bulls may stand to benefit. The price of gold has been in a narrow range over the past session with support at $1479 drawing buyers while the shiny metal continues to struggle to rally above the psychological $1500 level.Gold prices have been held higher by a weaker dollar as of late while at the same time suppressed by posi...Read More

The Wall Street Journal’s Jason Zweig famously referred to gold as a “Pet Rock” in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It’s a hedge against both inflation and deflation, it represents true diversification fo...Read More

Precious Metals enjoyed a very strong move this past summer. Both Gold and gold stocks broke past multi-year resistance and showed the kind of positive momentum that has been lacking for years.  But strong momentum coupled with major technical resistance set in, along with a temporary shift in fundamentals, thus creating a roadblock and a correction. The precious metals complex has corrected...Read More

What’s In Play NowIt has been about 2 months since the gold stock sector, as represented by the HUI index, topped out. The ensuing correction has been a whipsaw affair of ups and downs, but smoothing that volatility out we find an ongoing correction in time and price that has not been too difficult to manage.The pattern that some would call a “complex H&S” (TA-speak for a fre...Read More

Another round of global monetary easing has just begun! More than 30 central banks around the world have cut interest rates this year so far. The Fed and the ECB are certainly among them. Should gold investors look forward to these policies playing out? Let’s find out how gold tends to behave during such an extraordinary period! Ladies and Gentlemen! Another round of global monetary easing h...Read More

A group of metals and mining companies including Glencore and Anglo American have joined forces with the World Economic Forum to explore the use of blockchain technology to accelerate responsible sourcing of raw materials. The Mining and Metals Blockchain Initiative will explore the building of a blockchain platform to address transparency, the track and tracing of materials, the reporting of carb...Read More

Originally published on Sat Oct 12 for our ElliottWaveTrader members:While we have been tracking the metals market for the next rally set-up, we have seen some signs that the market may attempt to begin that rally sooner rather than later.However, I have to be honest in noting that I am seeing more signs that lower levels may still be struck before we are ready for that rally. So, as I have been s...Read More

In January 1980, the price of silver peaked at just under $50.00 per ounce. From its low in October 1971 at $1.27, silver had risen thirty-nine fold in little more than eight years.There was talk about higher silver prices, as much as $100.00 per ounce and more. Yet, only a few months later, silver was down to $10.00 per ounce. That amounted to a decline of nearly eighty percent from its peak.Silv...Read More