By: Stefan Gleason, Money MetalsSocialist Venezuela's economic collapse and hyperinflationary spiral serves as a warning for American investors. It's what can happen when a government spends perpetually beyond its means and refuses to face reality.Despite a U.S. economy that appears relatively strong and stable on the surface, its foundation is beginning to crack under the pressure of a $22 tril...Read More
By: Jordan Roy-Byrne CMT, MFTAGold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged abov...Read More
By: Stewart Thomson, Graceland Updates: 1. Is the latest tiny price correction in gold already done? 2. Please click here now. Double-click to enlarge this daily gold chart. The uptrend looks majestic, and especially so in the face of the dollar's strength against the euro and the yen.3. Whether gold rallies from the current $1306 support zone or from $1280 is not imp...Read More
Dear Friend of GATA and Gold:GATA's old friend B.L. has forwarded the text of an excellent letter he has e-mailed to a monetary metals mining company in which he long has been invested, asking whether the company will ever respond to the growing number of disclosures of manipulation of the gold and silver markets.The letter easily could be adapted by any monetary metals mining company investor f...Read More
The Indoos stalled Monday almost precisely at the 25,440 midpoint Hidden Pivot shown. Buyers subsequently gave up almost no ground, setting up a likely move past the resistance on Wednesday. If it's decisively exceeded, that would all but clinch more upside to the 25,998 target. This was already no worse than an even-odds bet because the initial thrust, labeled A-B in the chart, exceeded two...Read More
Former Dallas Fed adviser and Quill Intelligence CEO Danielle DiMartino Booth says Congress has bipartisan blindness when it comes to dealing with the national debt.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic ne...Read More
Income inequality has mushroomed into a political and social problem. Nomi Prins joins Robert & Kim to discuss how Central Banking policies have fueled income inequality. Prins gives an insider's view of how the elites around the world view and deal with income inequality, and how it may impact you.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of al...Read More
Sean Parker, chairman of The Parker Foundation, discusses big tech's data privacy problem.Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The United States has charged former U.S. Air Force intelligence officer Monica Witt with aiding Iran in a cyber-spying operation that targeted her former coworkers.Continue...Read More
Following a painful decline, some quality mining shares are poised for recovery. Fund manager John Newell at Fieldhouse Capital Management explains his process to identify them. In the larger picture, the first chart shows the CDNX Index, which represents many of the junior mining companies we follow (but not perfectly). They tried to breakout in early 2018 after moving sideways for more than a y...Read More
Technical analyst Clive Maund charts a gold miner that is advancing its project to production. Kerr's Copperstone projectTo look at the stock charts for Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) you would think that it owns nothing more than a moose pasture where wild-eyed geologists get out of helicopters in huge anoraks with hoods for photo ops, instead of which it owns a respectable gold...Read More
In each of the last three years, gold has gotten off to a strong start only to fizzle as the year moved along. Will 2019 be the year gold finally breaks the pattern? A good many investors, fund managers and analysts think that 2019 might very well be the year when gold breaks the restraints and pushes to higher ground. One of those is Carter Worth of Cornerstone Macro in New York who C...Read More
Yesterday,the USD Index moved substantially lower while precious metals barely yawned.Why is gold not rallying? What does the gold-USD link tell us now, incombination with latest developments throughout the PMs sector? Let’s examinethese and many more clues together.Almostnothing happened yesterday in gold and silver, while miners moved a bit lower.The latter is a bearish indication, but not...Read More
This Valentine's Day might best be remembered for two things in particular. One, for the first time in 153 years, candy lovers won't be able to pick up a box of Sweethearts, those classic heart-shaped candies bearing sweet nothings like "BE MINE" and "CRAZY 4 U." And two, consumers are set to spend more than $20 billion on Valentine's gifts for the first time ever, thanks in part to a surge in...Read More
By: Craig Hemke With our initial price goals for 2019 having been achieved, COMEX gold and silver are now in their first pullback phase of the year. How long will it last and what are the next upside price targets?If you've been following along every week, then you'll recall that we were quite adamant regarding a year-end 2018 and Q1 2019 price rally for both gold and silver. From the November...Read More
From Dr. Maya Shetreat, MD:"Don't blame a clown for acting like a clown. Ask yourself why you keep going to the circus."THE WALL STREET CIRCUS DISTRACTS PEOPLE.Wall Street cheerleaders assure everyone stocks go up in the long term. Yes, they rise because the dollar is devalued every year, which they seldom discuss. Their cheerleaders avoid stating that corrections and crashes occur every five to...Read More
By: Ira EpsteinGold (and silver) continues to hold in key support zone of 18-Day Moving Average of Closes. China buying more gold again. Supportive of the gold market. Gold drifting sideways..Read More
By: Stefan Gleason, Money MetalsSocialist Venezuela's economic collapse and hyperinflationary spiral serves as a warning for American investors. It's what can happen when a government spends perpetually beyond its means and refuses to face reality.Despite a U.S. economy that appears relatively strong and stable on the surface, its foundation is beginning to crack under the pressure of a $22 tril...Read More
By: Jordan Roy-Byrne CMT, MFTAGold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged abov...Read More