This weekend we thought we would share some really important data and charts with all of you precious metals bugs/traders (like us). You probably remember our October 5th, 2018 call in Gold that has set off an incredible series of events for all of us. We made a prediction that day that Gold would rotate higher from the $1200 level targeting the $1300 level, then stall and move lower t...Read More
The yieldcurve has inverted.It suggests that we are about one year before the recession. How should theyellow metal behave in such a period? We invite you to read our today’s articleand find out how gold is likely to behave in the pre-recession world. The yield curve has inverted. If its strong predictive power of the recession remains intact –in the previous part of this report, we pr...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silv...Read More
Is there a price that's too much to pay for silver? Matt from Silver Fortune ponders exactly that...by Matt From Silver Fortune via Silver FortuneWith silver approaching $20, at what point do you stop buying?Any content within this video or any other video by the Silver Fortune channel is merely one man's opinion, commentary, and analysis, or actual information obtained from elsewhere, and should...Read More
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.Let's look at the driving factors.About 78% of all the gold mined is used for jewelry and industrial applications.The remaining 22% is used in financial applications. Gold, when priced in U.S. dollars, tends to move in the opposite direction to the greenback...Read More
The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change.The U.S. is set to account for 61 percent of all new oil and gas production over the next decade. A recent report from this organization says that to avoid the worst effects of climate change, &ldqu...Read More
The 2019 Economic Symposium in Jackson Hole has begun! On Friday, we’ll hear Jerome Powell discuss the latest monetary policy shifts. How will it affect the gold market?Jackson Hole 2019 Has BegunThis week is rather light in terms of incoming economic data, with the minutes from the last FOMC meeting being the only exception. Now, investors await the annual Jackson Hole Economic Policy Sympo...Read More
So who is on First,or Are we there yet ? Either addresses the current CUT 2CHASE question. Blind faith can be good or bad, buttempered with some evidence, might be a good thing. Lets look at several categories of evidence concerning the position and trend ofGold and Gold Stocks....Read More
Talk of a synchronized world - all three economicsuperpowers are in a recession! The U.S. suffers from industrial recession,Japan from export recession, while Germany may fall into a broad economicrecession. Will the gold market warm up to these news? Recent U.S.Data Shows Industrial RecessionThe recent inversion of the yield curve has sparkedrecessionary fears. Some of the newest pieces of the U....Read More
One side of my family has held a reunion every few years formore than four decades. It’s a big, raucous event filled with lots of food,many half-true stories about the past, and copious amounts of alcohol.In other words, it’s a not-to-be-missed event.Hosting responsibilities transferred from one sibling at theoldest generation to the next, and then moved down a level. My relatives ares...Read More
The world has truly entered uncharted waters with negative interest rates spreading so far and wide. Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. “Investors” are even buying some “junk” rated bonds which will repay the bearer less than purchase price upon maturity. Now European...Read More
This time is different. This is what the expertssay. The inversion of the yield curve did a great job in predicting recessionsin the past, but the current inversion is not like the previous. The predictivepower of the yield curve has weakened, so it does not signal the recession.This is what the pundits claim. We invite you to read our today’s article andfind out whether the experts are righ...Read More
Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon. As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term.However, the good news is, at least at present, Gold remains very strong in real and intermarket...Read More
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Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we dive into China with one of the foremost experts on the subject Gordon Chang. Gordon shares his thoughts on the U.S.-China trade war and why he believes it’s not likely to end anytime soon, talks about the pending economic catastrophe he sees in China and the effects it’s going to have on the global e...Read More
The major gold miners’stocks have soared in recent months, fueled by gold’s decisive breakout to newbull-market highs. Nothing motivatestraders like performance, so interest in this long-neglected sector has exploded. While gold stocks’ technicals and sentiment havegreatly strengthened, their just-reported Q2’19 results reveal whether theirunderlying fundamental...Read More
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Canadian miner Eldorado Gold Corp on Tuesday said it has received installation p...Read full newsRead More