Recent News

Ira Epstein's Metals Video 10 19 2018

October 19, 2018 / news.goldseek.com

By Ira EpsteinWeekend squaring up leaves gold strong going into next week.https://www.iraepstein.com/ Read More

COT Gold, Silver and US Dollar Index Report - October 19, 2018

October 19, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort189,200171,53371,278166,143198,139426,621440,950Change from Prior Reporting Period 9,454-46,3887,521-8,16649,6968,80910,829Traders17895885749279194 Small Speculators (C) GoldSeek.com LongShortOpen Interest 47,79733,468474,418 356-1,6649,165 non reportable positionsChange from...Read More

Gold Is Becoming Cool Again

October 19, 2018 / news.goldseek.com

The sentiment shift is still subtle, but it's both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive comments in the media and increasing accumulation by big investors. India, for instance, imported less gold than usual in the first part of this year but lately has ramped up its buying, with August imports more...Read More

Inflection Point for Gold

October 19, 2018 / news.goldseek.com

By David Brady, CFAAfter falling from 1369 to 1167 in just four months, Gold is attempting to rally now, having risen to a high of 1237 recently. But as I shared in my previous article: "There is significant resistance ahead that could stall Gold's rally, most notably 1244, the 38.2% Fibonacci retracement of the entire drop from 1369 to 1167, and 1251 on a closing basis (1360-1184). If we close...Read More

Gold-Stock Sentiment Shifting

October 19, 2018 / news.goldseek.com

The gold miners' stocks have been largely ignored and neglected for years. Speculators and investors wanted little to do with them for various reasons. But that apathetic sentiment is finally starting to shift thanks to last week's stock-market plunge. Capital is starting to return to this battered sector as traders begin to realize how radically undervalued it is. Sentiment mean reversi...Read More

Gold's Official Price is $42, and maybe that's a Good Thing

October 19, 2018 / news.goldseek.com

This blog post is a guest post on BullionStar's Blog by the renowned blogger JP Koning who will be writing about monetary economics, central banking and gold. BullionStar does not endorse or oppose the opinions presented but encourages a healthy debate.People often whisper conspiratorially about the age-old U.S. practice of fixing the gold price at $42.22. "They're just trying to keep gold d...Read More

Is Your Portfolio Ready for the Greatest Demographic Shift in History?

October 19, 2018 / news.goldseek.com

By Marin KatusaThe economy depended on the spending habits of baby boomers the last three decades.The success and failure of many companies depended on the spending habits of those same baby boomers.It was all about the baby boomers.But that is no longer the case.You must pay attention to the Millennial Generation (those born 1981-2000) right now. And here's why...The most recent U.S. Census ind...Read More

Is Bitcoin Ever A Buy-And-Hold?

October 19, 2018 / news.goldseek.com

By Avi GilburtI know of no asset other than cryptocurrencies where traders of which adopt the lexicon of the broader trading community and then layer on their own slang. The chief word in the crypto trader's word bank is "HODL," which most interpret to mean "Hold On for Dear Life."The phrase, "I'm just HODLing" is often expressed as a badge of honor, as if holding on to a losing position due to...Read More

Checking Gold Stocks Valuations

October 19, 2018 / news.goldseek.com

By Jordan Roy-Byrne CMT, MFTA It's no secret that gold mining stocks are historically cheap and have been for several years. Traditional metrics like price to cash flow and price to book value showed that gold stocks in late 2015 were at arguably their cheapest points since the start of the bull market in the 1960s. Other metrics showed gold stocks to be the cheapest since the Roosevelt adm...Read More

One Year after QT Started, Gold Still Unmoved

October 19, 2018 / news.goldseek.com

It was supposed to make gold rally. We mean, of course, the quantitative tightening. But one year after it started, the yellow metal still does not shine. We invite you to read our detailed analysis of the Fed's balance sheet unwind and find out what does it imply for the gold market. Anniversaries, anniversaries everywhere. The analysts focus on the 10-year anniversary of the Lehman Bankruptc...Read More

Falling Stocks Reflect a Darkening Reality

October 19, 2018 / news.goldseek.com

Stocks fell hard Thursday, supposedly because of growing US-Saudi tensions over the gruesome murder of Jamal Khashoggi, a journalist who has been tough on the monarchy and easy on the Muslim Brotherhood. If such tensions did in fact push stocks lower, as a headline in the Wall Street Journal tried to suggest, then why didn't oil prices rise? After all, the Saudis, pressed to admit the murder...Read More

Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold

October 19, 2018 / news.goldseek.com

Here is our Friday digest of the important news, commentary, charts and videos we were informed by this week including our special podcast on Direct Access Gold.From our perspective, the most important developments were the IMF's financial warnings and the escalation in central bank gold buying with Hungary increasing its gold reserves by a whopping 1,000% due to increasing "safety concerns."For...Read More

Eric Sprott discusses the global markets with a special emphasis on gold, silver and the mining shares

October 19, 2018 / marketsanity.com

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

Prof Steve Hanke: The most underappreciated indicator

October 19, 2018 / marketsanity.com

Erik Townsend and Patrick Ceresna welcome Prof Steve Hanke to MacroVoices. Erik and Steve discuss the drivers of the recessions over the last 30 years and perspective on the Lehman Brothers failure. They further discuss the M4 Money Supply as the broadest measure, the dangers in quantitative tightening and commercial banks driving money supply. The further broadly discuss hyperinflation and emphas...Read More

Doug Casey on The Coming Culture Clash

October 19, 2018 / marketsanity.com

Joel Bowman: G'day, Doug. Where in the world are you these days?Doug Casey: I've crossed the Plate River from Buenos Aires, and am now in the backward, but pleasant, little socialist country of Uruguay.Continue...Read More

Trump praises Montana congressman who body-slammed reporter

October 19, 2018 / marketsanity.com

"Any guy that can do a body slam - he's my kind of guy," Trump said to the cheering crowd. "He's a great guy, tough cookie."Continue...Read More

Canadian Explorer Reveals Year-Round Plan to Maintain Momentum

October 19, 2018 / www.theaureport.com

James Pettit, CEO of Aben Resources, in conversation with Maurice Jackson of Proven and Probable, discusses his company's summer exploration in the Golden Triangle and how the company plans to keep the momentum going throughout the year.Maurice Jackson: Joining us today is James Pettit, the president, CEO and director of Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB). In our last interview, we discu...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Find Slight Gains on the Week

October 19, 2018 / news.goldseek.com

 CloseGain/LossOn WeekGold $1226.40+$1.30+0.69%Silver$14.63+$0.06+0.14%XAU70.09+0.05%+1.17%HUI155.58+0.07%+1.49%GDM558.84+0.35%+1.56%JSE Gold1194.92-3.89+3.52%USD95.72-0.25+0.46%Euro115.10+0.51-0.42%Yen89.12-0.25-0.07%Oil$69.12+$0.47-3.11%10-Year3.196%+0.014+1.36%Bond137.84375-0.28125-0.45%Dow25444.34+0.26%+0.41%Nasdaq7449.03-0.48%-0.64%S&P2767.78-0.04%+0.02%  The Metals: G...Read More

Gold Would Not Enjoy That FOMC Is Going More Restrictive / Commodities / Gold and Silver 2018

October 19, 2018 / www.marketoracle.co.uk

“Policy would need to become modestly restrictive fora time.” This is the key quote from the recent FOMC minutes. This is not areason for gold’s joy.Fed IsBecoming More HawkishYesterday, the Fed released minutes from the recent FOMC meeting. Aseveryone knows, the Committee hiked interest rates by another25 basis points in September. But what about the future stance? Well, the min...Read More

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