As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
By David Haggith In a surprisingly candid admission, two former Federal Reserve chairs have stated that the Federal Reserve alone is responsible for creating all recessions in the United States.First, former Fed Chair Ben Bernanke said thatExpansions don't die of old age. They get murdered.MarketWatchTo clarify this statement, former Chair Janet Yellen placed the murder weapon in the Fed's hands...Read More
71 days. That's all that separates us from the Brexit deadline. And the UK has still no clear path forward exiting the EU. Does gold have one? Today's analysis features possible scenarios for the UK and for gold along with their likelihood. In the current political situation, it's a must-read. Parliament Rejects May's Brexit Deal On Tuesday, the UK Parliament voted on Theresa May's Brexit de...Read More
Although Rick's Picks was itching to short into strength as Wednesday began, we stepped aside when buyers came on stronger than expected. Their bravado didn't last long, however, and by day's end bulls looked spent. Even so, the intraday highs easily exceeded some short-term rally targets (see chart inset), implying that a moderate pullback from these levels should be regarded as a buying opport...Read More
For first time in over 16 years, palladium futures settle at a premium to gold futuresGold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S.Caution among traders had deepened "ahead of a no-confidence vote on British Prime Minister Theresa May'...Read More
COMEX FUTURES REPORTThe Brexit vote is over. Theresa May survives. Her next moves will be closely watched. Political uncertainty will result in gold trading with a firm bias. Traders will now start taking positions for Tuesday as Monday is a holiday in the USA. The US dollar is firm due to its safe haven status over the Pound and Euro. Focus will now be on economic data releases and its impact...Read More
Do you know what keeps central bankers up at night? Populism. When governments and central banks support corporate greed above public need, people lose trust in the government and confidence in the central bank and the financial system and a run ensues. Where will they run to?Traditionally, people fly to the safety of real money gold and silver, the only assets that I see as undervalued at this ti...Read More
US President Donald Trump has announced plans for 20 new ground-based interceptors to be placed in Alaska which could "shield every city" in the country.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender...Read More
An investigative journalist was shot dead after exposing a corrupt high-ranking official at world soccer body FIFA Continue...Read More
Since December gold (light blue line) has outperformed the average stock (dark blue) by a nice margin. So why does this feel like such a let-down? Because the stars Continue...Read More
Part 1 (part 2 below)Part 2Gregory 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)....Read More
CNBC's Eamon Javers reports on President Trump's decision to not lower tariffs ahead of trade deliberations with China.Continue...Read More
It's easy to forget, in light of subsequent events, how terrified the Democrats once were of Sarah Palin. As an attractive Christian woman with a bunch of kids, who apparentlyContinue...Read More
U.S. officials are debating removing tariffs on Chinese imports to increase the possibility of the Chinese playing ball with the US on cyber crime, forced transfer of intellectual Continue...Read More
Amid a cresting wave of consolidation in the gold mining space as spending on new mines has dried up since 2011Continue...Read More
Peter Epstein of Epstein Research discusses the strategic investment this gold explorer just received. Drilling Operations at Rozino ProjectVelocity Minerals Ltd. (VLC:TSX.V; VLCJF:OTCQB), the Bulgarian gold exploration and development company, with a strong PEA on its Rozino project, and six additional near-surface gold prospects, announced a key strategic investment by Atlantic Gold Corp. (TSX-...Read More
The company now has easy access to essential equipment it can use at a lower cost. Mining in Fiji Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it acquired Geodrill's drilling equipment to use on its Tuvatu gold project in Fiji. The assets Lion One purchased from the Nadi, Fiji-based exploration drilling company include two diamond drill rigs, one surface and one under...Read More
This new capability will help the company develop business. SRG Graphite Inc. (SRG:TSX.V) produced its first 95% graphite samples at its metallurgical laboratory located at its Lola project in Guinea, West Africa, it announced in a news release. Following commissioning of the facility and training of the lab technicians by Quebec-based SOUTEX, the on-site team now can produce graphite concentra...Read More
A top priority now is confirming historical reports of mineralization are accurate. TerraX Minerals Inc. (TXR:TSX.V) recovered 16,000 meters of historical core from holes drilled on its Yellowknife City property, which reveal visible gold, it announced in a news release. Past drill logs for this core note that "several holes showed significant gold intersections.""Acquiring core with visible gol...Read More
The goals of this Canadian firm's ongoing drilling efforts are to define more ounces and connect zones. Liberty's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced in a news release results from further infill and stepout reverse circulation drilling along the southern border of its Goldstrike project in the Great Basin. These findings come from additional holes that were drilled to test...Read More