The oldcontinent is dying. The euro is on the brink of collapse. This is what you canoften hear in the press. But is that really the case? We invite you to read ourtoday’s article about the development of the Eurozone in the last twenty yearsand find out what are the real prospect of the euro – and what does it implyfor the gold market. In December, wecelebrated 40 years of market refo...Read More
This article was originally published on Sun Feb 3 for members of ElliottWaveTrader:Extremes are the hallmark of the metals market. And those that handle the extremes best are usually the ones who do best in the metals market.Consider the extremes we experienced in August and September of 2011.Gold had days where it would rally $50 in a single day during its final parabolic move.Moreover, everyone...Read More
By: Nicholas LePan, Senior Mining Reporter at GoldSeekIt was back in September 2018 when America's newest gold and silver producer, Northern Vertex (TSX-V: NEE) (US: NHVCF) announced commercial production, at its 100-per-cent owned Moss Mine located in Northwestern Arizona, just a couple of miles off the old route 66. (The road to the Moss Mine, circa 2018) However, as any mine developer...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) 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 publ...Read More
Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this porte...Read More
By: DeepcasterDeepcaster's Recent Letters and Alerts provide Forecasts re How Best to Profit and Protect in 2019 along with Buy Recommendations aimed at profiting from upcoming Mega-Moves.But, since 2019 is likely to provide a Vastly Different Investing and Trading Landscape than any of the years 2009 through 2018, it is essential to always know and bear in mind the Mega-Forces Driving Key Mar...Read More
By Daniel R. Amerman, CFAWhenever the next recession does arrive, what we know today is that it is unlikely to be a "normal" recession, by the standards of what most people have experienced in their lifetimes.In this analysis we will compare and contrast the characteristics of an average recession based on 164 years of history, versus what has been experienced in the United States since the end...Read More
By Avi Gilburt, ElliottWaveTrader.net Consider the extremes we experienced in August and September of 2011. Gold had days where it would rally $50 in a single day during its final parabolic move. Moreover, everyone you spoke with would express their certainty that gold would soon eclipse the $2,000 mark, on its way to much higher levels.Yet, I remained steadfast in my analysis which suggeste...Read More
Like many of you, I've been eagerly awaiting the day when this powerful bear rally drops dead. Instead, AAPL has rallied with a vengeance, drawing a thousand doomed stocks into its vortex. Yes, the rally is a hoax. And yes, the Masters of the Universe have used it to distribute as much stock as possible into the hands of rubes, pensioners and widows.Under the circumstances, I've been a reluctant...Read More
By: Ira EpsteinGold hold up well against key support of 18-Day Moving Average of Closes:Read More
Precious metals will once again become very important and relevant. David Morgan explains why...David Morgan interviewed by Kerry Lutz on the Financial Survival NetworkDavid Morgan is one of the most knowledgeable precious metals authority on the planet. He's been doing it for 40 years. We had a wide ranging discussion covering the folly of the Fed, why precious metals are the ultimate hedge and h...Read More
The Democratic Republic of Congo (DRC), lying pretty much in the centre of Africa, is geographically the eleventh-biggest country in the world and is well known for its mineral riches.In its most recent report, published in 2014 and titled ‘The Mineral Industry of Congo (Kinshasa)’, the US Geological Survey (USGS) notes that the country “played a globally significant role in the...Read More
Cobalt leader talks about new era for project, IdahoSPONSOREDecobalt solutionsDelivering a 90-minute keynote presentation to Benchmark Mineral Intelligence's Cape Town World Tour stop this week, Friedland named air pollution - or airpocalypse - as the single biggest issueRead More
Alderan unlocking Frisco potentialSPONSOREDalderan resourcesThe eight drill holes reported ere were designed to explore the upper 150m of Bx 6, the northernmost outcropping breccia pipe identified to date.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points in pre-opening trade.The Canadian Dollar gained 0.34 to 75.51 cents U.S. following release of Canada's January Employment Report at 8:30 AM EST. Consensus was a drop to 5,000 from 9,300 in December. Actual was 67,000. Consensus for January Employment Rate was an increase to 5.7% from 5.6% in December. Actual...Read More
Mike and Susan are close family friends of mine.We get together frequently to catch up on life, family, boating and we occasionally talk investments.Even in retirement, Mike and Susan know the importance of continuing to grow their wealth.But recently over dinner, Mike spoke about one mistake that could end up costing their family BIG TIME down the road, which is why I want to explain the situatio...Read More
ELKO, NEVADA - Fremont Gold (TSXV: FRE; US-OTC: USTDF) is drilling 1,000 reverse-circulation (RC) metres at its Gold Bar gold project, a two-hour drive from Elko, Nevada. It's targeting a potential southeast extension of the past-producing Gold Bar pit, in an area that has never been drilled. It intends to follow up by diamond drilling 500 metres at its nearby Gold Canyon gold project. Both proper...Read More
James Hesketh had his eye on Midway Gold's Tonopah project - 30 km southeast of the Round Mountain mine in Nevada's Walker Lane trend - since 2007.So when Midway Gold went bankrupt a decade later, Hesketh struck a deal to buy the project for US$25,000 in cash, another US$130,000 in fees to replace a bond, and a promise to pay a US$350,000 debt that Midway owed to the royalty holders on the propert...Read More
Vale (NYSE: VALE) is evacuating 500 people from an area below the Sul Superior dam, an upstream tailings dam that used to support production from the company's Gongo Soco mine, where iron ore production was halted in April 2016.The decision comes after the Walm consulting company denied the Stability Condition Report of the dam's structure.Vale said the decision to evacuate the surrounding communi...Read More