The U.S. stock market and bullion swooned yesterday, but the GDX gold stocks ETF was up!Gold stocks continue to perform impressively. Rallies look impulsive and corrections feel solid.Please click here now. Double-click to enlarge this daily gold chart. Gold has pulled back by about 30% after staging an enormous $170/ounce rally.In the scenario shown on this chart, gold could trade down to the 5...Read More
With an interesting mix of sin stocks, energy, and mining, there are a few potentially overlooked TSX index tickers out there signalling high growth in expected earnings. Let’s take a look through the data for four such stocks and see whether they would satisfy a capital gains investor today.Surge Energy (TSX:SGY)The oil and gas stock you didn’t know you needed, Surge Energy can compet...Read More
The recovery in the TSX Index to start 2019 has pushed some stocks back toward all-time highs, while others that have been out of favour for some time are picking up a nice tailwind and still appear oversold.Let’s take a look at Barrick Gold (TSX:ABX)(NYSE:GOLD) to see if it might be an attractive pick for your portfolio today.Barrick Gold was a $50 stock when gold hit US$1,900 per ounce in...Read More
The U.S. stock market and bullion swooned yesterday, but the GDX gold stocks ETF was up!Gold stocks continue to perform impressively. Rallies look impulsive and corrections feel solid.Please click here now. Double-click to enlarge this daily gold chart. Gold has pulled back by about 30% after staging an enormous $170/ounce rally.In the scenario shown on this chart, gold could trade down to the 5...Read More
Someone last week suggested that Trump sees the stock market as the barometer measuring the success of his Presidency. I think his behavior, tweets, press comments, etc with respect to the stock market validates that assertion.The Dow trended lower all week last after Monday's close. Whenever the stock market faded from an early run-up or began a rapid sell-off, a Trump tweet or press statement wo...Read More
As ever, matching materials that have fallen out of favour but still have upcoming supply deficits, could see investors do well.Read More
Drilling operations at McEwen Mining's Gold Bar Project in central Nevada. Source: McEwen Mining Inc.McEwen Mining Inc. [MUX-TSX, NYSE] said Thursday March 7 that it has elected to suspend the dividend distribution of one-half cent per share, an amount that would have been paid on March 15, 2019 to shareholders of record on March 8, 2019."We have been experiencing operating issues at our Black Fox...Read More
You know what they say...The devil is in the details.And investors looking to get rich in the legal cannabis market would be wise to pay attention to the details of new legalization measures before those measures become law.This, dear reader, is the secret to pot stock profits.Let me explain...THIS is how you get rich in the legal cannabis marketFor nearly five years now, I've been helping investo...Read More
By: Ira EpsteinGold - 100 week average (~$1272/3 and rising) possible correction low. Biased down. Oversold.Gold/Silver ratio -- higher it goes, the more silver you load up in your shopping cart:Read More
GoldSeek Radio's Chris Waltzek talks to Dr Steven Leeb http://www.leeb.com/ Read More
By: Rambus I know it may have come as a shock to some of you on why I raised some capital by selling a few PM stocks today. Whenever you see a false breakout of any chart pattern and the price action trades below the bottom rail of the original pattern that can setup a bearish situation. It's like a head fake. The stock forms what looks like a great breakout and maybe even accompanied by a break...Read More
The recent monthly statements of account published by the Bank for International Settlements indicate that the bank is still actively trading gold swaps, which the bank uses to gain access to gold held by commercial banks.There is not enough information in the monthly reports to calculate the exact amount of swaps, but based on the information in the BIS' just-published statement of account for...Read More
In my first Premium Post back in January, "2019 Economic Headwinds Look Like Storm of the Century," I laid out sixteen major headwinds that would be howling against the economy this year. One of those was the government debt, which I said was about to skyrocket:If you thought the government deficit exploded last year when taxes were cut and spending was increased, wait until you see how bad it l...Read More
ASIAN METALS MARKET UPDATEMomentum for gold and silver is bearish. I am happy with the correction. There will be good demand in every Asian nation. Buyers and investors will vanish if gold and silver fall next week. European central bank meeting today can affect euro as well as bullion. Lower growth forecast for this year has already been factored in by the markets and such they will not impact....Read More
With seemingly everything except precious metals in a bubble, it can be quite hard to keep your eye on the ball. Join Mike Maloney as he uncovers what could potentially be a huge factor in the next crash - insane levels of corporate debt. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/sto...Read More
Economic analyst and author Chris Martenson shares his thesis on how the depletion and allocation of resources drive world economic activity and in turn determine our prosperity. He makes his case that a monumental transformation from our current way of life is not down the road but in process right now.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and...Read More
Jim and Evan discuss the latest monetary happenings, the retirement of a Wall Street legend, and a little baseball. 1:17 The Fed's listening tour and William McChesney Martin8:20 Inflation catch-up12:45 "A lack of dynamism"13:00 Bill Gross and the Bank of JapanJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the fi...Read More
Twitter Is DYING And Jack Dorsey Is Just Making It Worse. Was Jack Dorsey on Joe Rogan, Sam Harris, and Gad Saad's channels because he is desperately trying to stop Twitter from dying?In the past several months Twitter has been experience a loss in users. So much so the company changed the way it reports active users so it looks like they are actually growing. It seems that jack enacted far left a...Read More
"Yesterday, I appeared before a secret grand jury after being given immunity for my testimony. All of the substantive questions pertained to my disclosures of information to the public Continue...Read More
China's been playing hardball with the U.S. over trade talks. There's good reason: they're gunning for the title of Top Global Economic Power, above the U.S. and other players.Continue...Read More