By: Steve St. Angelo, SRSrocco Report Official gold purchases reached a new record in 2018 as central banks continued to diversify away from the U.S. Dollar. Not only was 2018 a banner year for central bank gold purchases, but it was also the highest amount for more than five decades. Central banks haven't bought this much gold in one year since Nixon ended the convertibility of the U.S. Do...Read More
While some may have been confused by Fed Chairman Powell's circular statements in yesterday's press conference, the takeaway should be abundantly clear: the period of Fed tightening, is over. The Fed will now hold steady on interest rates, and when they move again, they are more likely to lower rates than to raise them. And while the Fed's program of balance sheet reductions is technically still...Read More
Last year was admittedly a tough one for emerging markets. A number of currencies were under considerable pressure, with some of them falling to record or near-record lows against the strong U.S. dollar. Global trade tensions, threats of sanctions, rising U.S. interest rates and higher oil prices before they began to crater in October, that is also contributed to the selloff. From its 52-week hi...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
France's top legal advisory body has refused to prevent police from firing large rubber-balls at Yellow Vest protesters.Continue...Read More
New York will soon let life insurers use data from social media when setting premium ratesContinue...Read More
Click Here to Listen to the Interview - *the interview begins at 7:11Axel Merk of Merk Investments talks gold, the Fed, stocks and the dollar. And find out why he believes investors will soon realize that it DOES matter again about where you put your money.Click Here to Listen to the Interview - *the interview begins at 7:11Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk In...Read More
Providing critical information for the U.S. trading day. Subscribe to MarketWatch's free Need to Know newsletter. Sign up here.Continue...Read More
The arrangement allows for additional investigation of this polymetallic property's prospectivity. Casa Minerals Inc. (CASA:TSX.V; CASXF:OTCMKTS; 0CM:FSE) announced in a news release it signed an option agreement to allow a private company to explore Casa's 100%-owned Keaper polymetallic project in British Columbia in exchange for an earned interest in it. The project is located about 20 km north...Read More
Future exploration will build on geological and geochemical survey work already performed on the property. Technical analyst John Newell of Fieldhouse Capital charts the company. Doubleview Capital Corp. (DBV:TSX.V; DBLVF:OTCBB; 1D4:FSE) announced in a news release it entered into an option agreement regarding its Red Spring project in British Columbia with a private company recently acquired by...Read More
Yesterday,some might have wondered where is the limit to the upswing in oil. It would benatural to expect it to catch up to e.g. gold and silver upswings. Would be,could be. We just saw something that made us act. Diligently, with foresightand confidence – when the odds are with us. It’s time to share it with you. Let’sexamine the charts below to find out (chartscourtesy of http...Read More
We recently closed our GDXJ trade for a 10.5% total profit with our members. We are preparing for a lower price rotation over the next 45+ days that will allow us to plan for new long. Our research indicates the metals/miners should enter a downside price rotation over the next 45+ days as the US stock markets continue to rally. Give this expectation, it is important to understan...Read More
The economicdevelopment of China is one of the most important events in the history of theworld. In an unprecedentedly short time, millions of people have been taken outfrom poverty. But, as no country has ever developed so fast, that great storyraises important worries. We invite youto read our today’s article about the great progress China made in the lastforty years and find out whether i...Read More
COT SPECIAL PUBLICATION SCHEDULE -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC expects to publish this report on Friday, February 1, 2019. After this, the...Read More
By: Dave KranzlerLast month the Government's Bureau of Lies And Statistics served up an employment report purporting 312,000 new jobs in December. This despite massive seasonal retail lay-offs in the latter half of the month. The BLS happily counts those jobs when hired in October but forgets to remove them when are dismissed at the end of the holiday shopping season. As John Williams (Sh...Read More
By: Steve St. Angelo, SRSrocco Report Official gold purchases reached a new record in 2018 as central banks continued to diversify away from the U.S. Dollar. Not only was 2018 a banner year for central bank gold purchases, but it was also the highest amount for more than five decades. Central banks haven't bought this much gold in one year since Nixon ended the convertibility of the U.S. Do...Read More
While some may have been confused by Fed Chairman Powell's circular statements in yesterday's press conference, the takeaway should be abundantly clear: the period of Fed tightening, is over. The Fed will now hold steady on interest rates, and when they move again, they are more likely to lower rates than to raise them. And while the Fed's program of balance sheet reductions is technically still...Read More
Last year was admittedly a tough one for emerging markets. A number of currencies were under considerable pressure, with some of them falling to record or near-record lows against the strong U.S. dollar. Global trade tensions, threats of sanctions, rising U.S. interest rates and higher oil prices before they began to crater in October, that is also contributed to the selloff. From its 52-week hi...Read More
(IDEX Online News) - Price changes in round and fancy shape diamonds in December were relatively rare. In round goods, stones of 0.80-0.89 carats in E-G, I3, fell 4%; in 2.00-2.99 carat diamonds D, I1-I3, of 2-4%; and in a range of colors and clarities in 3.00-3.99 carats and 4.00-4.99 carat stones. There were rises in a range of colors and clarities in 0.30-0.39 carat stones; in 0.45-0.49 carats,...Read More
(IDEX Online) - The Delgatto Diamond Finance Fund held a well-attended roadshow at the Antwerp Diamond Club on January 28, presenting its range of asset-based financing programs for the diamond and jewelry industries. There was strong interest in its flexible financing options for the diamond industry, particularly in light of the withdrawal of banks from the sector. US-based Delgatt...Read More