Anyone who denies that Governments and Central Banks manipulate the gold and silver markets using paper derivatives and deceptive physical metal custodial operations is ignorant of history and facts. Currently the gold and silver price capping is as oppressive as I've witnessed in 18 years.As of Tuesday, January 15th, the open interest in gold had soared by 89,120 contracts to 501,605. 89,120...Read More
(left to right) Shaun Pollard, Ed Balon, and Gareth Thomas.Photo is taken from the top of Shovelnose Gold Property. Source: Westhaven Ventures Inc.Westhaven Ventures Inc. [WHN-TSXV] was an active trader Monday January 21 after the company tabled results from a recently completed drill campaign at its Shovelnose property near Merritt, southern British Columbia.The shares fell 24.2% or 29 cents to 9...Read More
Share this articleTORONTO - Barrick Gold Corp. says it's exploring all options including the possible sale of its Lumwana mine in Zambia as the government considers increased taxes.It says the country's proposed changes to taxes and royalties on the mining industry would threaten the mine's ability to sustain returns to all stakeholders.The Toronto-headquartered company says it continues to eng...Read More
Share this articleTORONTO - Canada's main stock index fell in late-morning trading as the key energy and financial sectors lost ground.The S&P/TSX composite index was down 30.18 points at 15,273.65.U.S. stock markets were closed in observance of Martin Luther King Jr. Day.The Canadian dollar traded for 75.23 cents US compared with an average of 75.41 cents US on Friday.The March crude contract was...Read More
Having watched Van Helsing I thought "There must be a way to work this stuff into chart analysis" and there is, for tomorrow night there is a "Super Blood Wolf Moon Eclipse" which might synchronize with a reversal in the markets. Before you burst out laughing, I point out that it is an established fact that reversals in the Precious Metals often synchronize with full and new moons, and whether t...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 21, 2019"Sometimes the best investments are the ones you don't make" Donald Trump, 45th U.S. president, real estate mogul, entrepreneur, b. 1946, Trump: How to Get Rich (2004) "The whole problem...Read More
By Gary TanashianAs in January of 2013 (ahead of an economic up cycle) and Q4 2017-Q1 2018 (ahead of an economic ripple that began in 2018) the Semiconductor sector and in particular its Semi Equipment sub-sector are front and center in forming our analysis about coming events. Excerpted from the January 20th edition of Notes From the Rabbit Hole, NFTRH 535...Semiconductor Sector - Watch the Ear...Read More
By John MauldinDemand Pulled ForwardJob JittersCredit IntensityRushing the ProcessAn Insane Travel ScheduleThe production of souls is more important than the production of tanks.... And therefore I raise my glass to you, writers, the engineers of the human soul.Joseph Stalin, 1932[Our purpose is] to ensure that literature and art fit well into the whole revolutionary machine as a component part,...Read More
Dear Friend of GATA and Gold:Barron's this week has a surprisingly favorable report about the prospects for the gold price and gold miners in light of the recent Newmont-Goldcorp and Barrick-Randgold combinations. But the report repeats without question the worst misinformation about the gold price, quoting a fund manager as saying gold is attractive because "it's an alternative currency whose s...Read More
By Jordan Roy-Byrne CMT, MFTA Last week we discussed the difference between a rally and bull market. Gold stocks have been in a rally. That rally is now over as gold stocks peaked at their 400-day moving averages days ago and sliced through their 200-day moving averages Friday. Take a look at the charts of any gold stock index (GDX, GDXJ, HUI) and it's clear they are in a downtrend. Go b...Read More
By Steve St. AngeloThe U.S. Shale Oil Industry has been a financial trainwreck since day one. And, with nearly $300 billion in public and private debt racked up by the shale industry since its inception, that hasn't stopped investors from throwing good money after bad to continue the biggest energy Ponzi scheme in history.Unfortunately, the worst is still yet to come because the industry hasn...Read More
- "Something wicked this way comes" warns John Mauldin- Shaky China: Chinese landing could be harder than expected- Brexit and EU Breakage: "I have long thought the EU will eventually fall apart"- Helpless Europe: If Germany sneezes, their banks & the rest of continent catches cold- We may see "yellow vests" spread globally: Economics is about to get interesting ...by John Mauldin via Thoughts...Read More
David's new book: Peak Trump: The Undrainable Swamp And The Fantasy Of MAGA.?>>?David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and h...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Lior Ganz believes a major paradigm shift in the global economy is about to take place. De-dollarization and the runaway deficits will lead to higher inflation and higher precious metals prices. One half of the country is living hand to mouth, in spite of record employment. How did that happen? In addition, gold has reached record levels in 72 countries, just not the US. Furthermore, the US Dollar...Read More
"With great regret, I will be deleting this account due to suspicious activity."Continue...Read More
"This behavior seriously violates ethics and the integrity of scientific research, is in serious violation of relevant national regulations, and creates a pernicious influence at home Continue...Read More
Jordan Roy Byrne joined us at the Metals Investor Forum for a review of the current precious metal market. Jordan believes we're in for one final decline, perhaps minor, which will lead to an amazing set-up for a major bull market in gold. He's extremely bullish on a number of mining companies that he believes will rack up impressive results in the not too distant future. It's important to note th...Read More
A BMO Capital Markets report detailed this miner's quarterly production of each metal and how those figures stacked up against estimates. In a Jan. 17 research note, analyst Edward Sterck with BMO Capital Markets reported that South32 Ltd.'s (S32:ASX) "Q2 FY19 production results came in above our forecasts on average, but are likely to be offset by weaker-than-expected received prices."Production...Read More