The best time to make money in the stock market is when markets plummet. Alexander Elder joins Robert & Kim to discuss the techniques he uses to profit during down markets.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Rober...Read More
The Federal Reserve decided Wednesday to keep interest rates steady and said that no more hikes will be coming this year.Continue...Read More
Everyone now knows that the only meaningful goal of Fed policy is propping up the world's greatest credit-asset bubble.Continue...Read More
Citigroup plans to sell several tons of Venezuela's gold placed as collateral by Maduro's failing governmentContinue...Read More
Goldstocks have repeated their decline once again yesterday while gold and silversoldier on. When will the miners take gold and silver down with them?Underperformance is a critical sign of weakness, there’s no denying that. Wouldtoday’s Fed policy pronouncements provide the spark? These are valid questionsthat we answer for our subscribers on an everyday basis. For you, dear visitor,we...Read More
Some important pieces of the US economic reports, including the latest nonfarm payrolls, have disappointed recently. May indicators (including the leading ones) have hit a soft patch it seems. Will that push the Fed to downgrade its dot-plot or fine-tune the monetary policy mix anyhow? Can gold jump in reaction to the Wednesday’s FOMC policy meeting?February Payrolls DisappointU.S. nonfarm p...Read More
In recent weeks we noted the bullish outlook for the stock market. Friday the S&P 500 as well as ACWX (global equity ETF ex US stocks) closed above resistance and made higher highs. Not surprisingly, as US and global equities have avoided a bear market (for the time being), precious metals have weakened. It’s not a surprise that as Gold failed to breakout both the S&P 500 and global...Read More
By: Avi GilburtA few weeks ago, I wrote an article entitled "Bonds Setting Up To Skyrocket," and boy did I get a lot of pushback in the comments section. And, when I see so many who are still very bearish of bonds, it tells me that I am likely on the right track with my expectations for higher in the coming months.First, I want to revisit how we have dealt with bonds over the last three years. O...Read More
By: IRA EPSTEINFOMC today - Fed dot plot will be a focus. Gold stocks need to be careful here, can turn bearish..Copper options at an all-time record:Read More
By: Stewart Thomson, Graceland Updates 1. The next US central bank announcement is tomorrow, and whatever happens is win-win for gold.2. If the Fed surprises most analysts and hikes rates, the stock market probably crashes, and gold stocks rally strongly. 3. If the Fed does nothing and makes another statement that QT could end this year, the stock market likely rallies a bit and...Read More
If you've been waiting for Mr. Market to spring the Mother of All Bull Traps, check out today's chart. What a beauty this picture will be if Monday's sharp reversal turns out to be the start of The Big One. Granted, odds of getting the timing of so important a peak exactly right will always be against technical swamis. But the chart has enough going for it that permabears could be forgiven for...Read More
Vancouver, B.C., March 20, 2019 - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 - "Zinc One" or the "Company") announces that it has filed on SEDAR the National Instrument ("NI") 43-101-compliant Technical Report for the Resource Estimate at the Bongar? Zinc Mine project in north-central Peru. The estimate was prepared for the Company by Watts Griffis and McOuat Limited...Read More
Sacrilege to less than half the crowd, the idea of cleaning common date junk silver coins, silver rounds, and silver bullion bars can somehow still be controversial.Yet, if you would prefer to rid some of the tarnish from your common date silver pieces, the team at SD Bullion recently put up a handy quick video and blog on "How to Clean Silver".To begin, we will reiterate... never clean highly col...Read More
"It's not going to be a question of how you can run into resistance with silver...It's going to be how much physical is available."Andrew Maguire interviewed by Greg Hunter on USA WatchdogWorld renowned precious metals expert Andrew Maguire says watch silver for an extreme spike to the upside. Maguire says, "Silver is going to break out. I think $50 per ounce is a joke. I think it's going to be su...Read More
Low expectations for Basel show amid weak large-stonedemand and fewer diamond, jewelry and watch exhibitors. US stable, with good ordersfor commercial-quality 0.70 to 1.99 ct., G-J, SI-I2 diamonds. Shortagesdeveloping for better qualities as India cuts back production. Rough marketquiet, with deep concerns about manufacturing profitability. Alrosa 2018revenue +9% to $4.6B, profit +15% to $1.4B. De...Read More
Sentiment weak amid slowpolished trading. Foreign buyers looking for bargains and pushing for deeperdiscounts on goods below 0.50 ct. Local dealers cautious, despite boost fromrupee's rise to INR 68.6/$1. Liquidity tight due to overseas purchasers delayingpayments, and businesses settling accounts before the financial year-end. Roughmarket subdued as cutters try to reduce polished inventory and av...Read More
RAPAPORT... Fugitive jeweler Nirav Modi was arrested in central LondonTuesday on behalf of Indian authorities, the city's police said. Modi will appear at Westminster Magistrates' Court Wednesday, the Metropolitan Police said in a statement. The diamond mogul, together with his uncle, jewelerMehul Choksi, allegedly defrauded India's Punjab National Bank of $2 billion - thelargest banking frau...Read More
RAPAPORT... The Diamond Producers Association (DPA) has launched an e-learning course for retail associates, with participants getting the chance to win a trip to the New York City diamond district. The free program, titled "Behind the Brilliance ofDiamonds," is an hour-long course split into three modules, providing retailerswith educational materials to help them tell the story of a diamond...Read More
RAPAPORT... Baselworld has reduced prices for diamond exhibitors by 10%to 15%, after rising costs had prompted companies to abandon the annual show. The move ensures its prices match those of the competing GemGen??vefair, a Baselworld spokesperson told Rapaport News Tuesday. The 2019 edition of Baselworld, beginning Thursday, willstill see a 10% drop in the number of exhibitors in Hall 3, which h...Read More
The investors portal www.proactiveinvestors.co.uk published a relatively optimistic new item about Zimbabwe's economic liberalization, arguing it is proceeding with gusto. "It's not always been an easy process, to be sure, as the widespread unrest related to increased fuel prices bears witness to." The article noted that President Emerson Mnangagwa "has set out his stall, particularly on inflation...Read More