The gold miners' stocks surged to a major bull-market breakout this week! Powering decisively above their years-old secular resistance is a hugely-important technical event. It proves this gold-stock bull is alive and well, greatly improves sentiment, and puts this high-flying sector on countless more traders' radars. New bull highs fuel self-feeding bullish psychology, as speculators and...Read More
By Hubert Moolman 24 April 2020 After a more than 50-year bear market in gold stocks, things are coming together to create virtually perfect conditions for gold stocks. Gold prices are at (or near) all-time highs in most currencies, and will likely continue to rise over the coming years. Commodity prices are at lows and still falling. Deflationary pressures are enormous and will likely persis...Read More
By Richard (Rick) MillsAs the coronavirus pandemic continues to infect populations, though in some countries it is slowing, talk has shifted to re-opening economies, and to manufacturing a vaccine that drug companies hope will not only work, but can be distributed at large enough doses to provide immunity to a wide swath of the world's population. In their daily media briefings, health official...Read More
By: Gary SavageEquity markets are going to keep rallying, $ES / SP500 upside targets, see where our intermediate-top will be:Gary SavageRead More
By: Ira EpsteinYou need to take gold one step of a time. Gold $3,000 target.. Read More
A break of key technical resistances will result in another wave of rise in all metals and energies. Do not short crude oil. I expect crude oil prices to rise to $80 (nymex) next year once world gets over corona virus crisis. Crude oil producers and large speculators will more than make up for their current losses next year. Buy crude oil call options for August 2021 with a strike price of $70.0...Read More
British Steel is set to restart production at its North Yorkshire special steel mill, on Monday April 27, following a three-week shutdown the company announced on April 24.In addition to the 240,000 tonnes-per year special steel mill at Skinningrove in Redcar & Cleveland, the company said it also plans to reopen its Lisburn service centre in Northern Ireland."Whi...Read More
Nassim Taleb, Universa Investment's scientific advisor and distinguished professor of risk engineering at NYU, warned of an acute virus spreading throughout the planet in his 2007 book "The Black Swan." In January, he also warned of the systemic risks of the coronavirus pandemic. He joins "Squawk Box" to discuss.Nassim Taleb spent 20 years as a derivatives trader and, after closing 650,000 option...Read More
Eric 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 recipient of numerous awards and honors, including one of Investor Dig...Read More
Michael is convinced that we are heading into "The Greater Depression" as the world is awash in 17 trillion dollars in negative-yielding debt. He says, "We are no longer living in reality; this is a fantasy created by massive monetization of debt from central banks." The middle class is being wiped out, having lost 25 million jobs in five weeks, and we are witnessing a new era of helicopter money...Read More
According to Gerald Celente the Covid 19 lockdown has been totally overblown and it has destroyed the global economy. One of the top trends for 2020 outline in the Trends Journal was New World Disorder, including much civil unrest throughout the world. Violence, poverty and corruption. They were rioting around the world because the economy was going down, fast. Car sales tanking worldwide. China,...Read More
0:05 Introduction1:47 What does the oil massacre mean for the economy, gold & gold stocks?5:32 Low oil price is great for gold producers8:31 Discussing silver stocks11:47 GDX breaks through 7-year resistance12:58 Risks for junior gold speculators due to COVID-19 crisis?15:28 Updated commentary on Precipitate Gold Corp.20:36 BoA's $3,000/oz gold forecast and general investor psychology23:38 Discuss...Read More
The market for pig iron exports from the south of Brazil was firm during the week ended Friday April 24 on further sales to China.Fastmarkets' weekly price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $274-275 per tonne on Friday, narrowing from $270-280 per tonne a week before. ...Read More
http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an aut...Read More
Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smi...Read More
Luke Gromen and George Gammon take a deep dive into Luke's outlook for the future of money printing, the Fed, inflation, markets, gold, bitcoin AND the dollar. Luke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve University. He earned the CFA designation in 2003. Luke provides strategic consulting services for corporate executives and is the fou...Read More
The gold market is on the cusp of a new phase in its bull market as central banks and governments around the world try to fight off a global depression, this according to Ronald-Peter Stoeferle, managing partner of Incrementum AG and author of the "In Gold We Trust Report".Stoeferle said that gold prices have room to go higher; he noted that investors remain under-allocated in gold as inflationary...Read More
The concept of privacy, which has already been nearly destroyed around the world, may be given its "nail in the coffin" moment Continue...Read More
Any serious attempt to put coronavirus deaths in context by comparing it to some other cause of death in a previous year must acknowledge the marked differences in the Covid-19 trend - mostContinue...Read More