The extreme bearish CoT positions necessarily imply the turning point in the gold market. Myth or fact? We invite you to read our today’s article about Comex positioning and find out whether futures will save gold. Usually, the Comex is seen by precious metals investors as the main public enemy. After all, it’s a marketplace for all these short futures which allegedly suppress the gold...Read More
I was going to look around to see if I could find a media article out there (complete with a TA trying to sound really important) that would be appropriate to be made fun of in our little Men Who Stare at Charts series. But then I decided to create my own chart, stare at it a little, post it and talk about it (hopefully not too self-importantly).Introducing an all too busy long-term (monthly) view...Read More
This is the 3rd article in a series of 4 articles that concludes in a trend forecast for the Silver price 2019. Silver Price Trend Forecast 2018 ReviewGold - Silver RatioSilver Price Trend Analysis 2019Silver Price Trend Forecast Conclusion for 2019The whole of this analysis was first been made available to Patrons who support my work. So for immediate First Access to ALL of my analysis and trend...Read More
CloseGain/LossOn WeekGold $1284.90-$9.70+0.38%Silver$15.68-$0.05+2.02%XAU71.87-0.42%+3.14%HUI162.32-0.64%+2.64%GDM597.11-0.05%+1.57%JSE Gold1407.28-37.87+2.88%USD96.16-0.09-0.23%Euro114.00+0.01-0.41%Yen92.27-1.13+1.57%Oil$47.96+$0.87+5.80%10-Year2.659%+0.099-2.21%Bond146.8125-1.84375+0.71%Dow23433.16+3.29%+1.61%Nasdaq6738.86+4.26%+2.34%S&P2531.94+3.43%+1.86% The Metals: G...Read More
CloseGain/LossOn WeekGold $1284.90-$9.70+0.38%Silver$15.68-$0.05+2.02%XAU71.87-0.42%+3.14%HUI162.32-0.64%+2.64%GDM597.11-0.05%+1.57%JSE Gold1407.28-37.87+2.88%USD96.16-0.09-0.23%Euro114.00+0.01-0.41%Yen92.27-1.13+1.57%Oil$47.96+$0.87+5.80%10-Year2.659%+0.099-2.21%Bond146.8125-1.84375+0.71%Dow23433.16+3.29%+1.61%Nasdaq6738.86+4.26%+2.34%S&P2531.94+3.43%+1.86% The Metals: G...Read More
By David Brady, CFAJust as Neo flexed his muscles upon learning he is "The One" and took out Agent Smith at the finale of The Matrix , Gold is now letting fiat currencies know who is really in charge. Many take credit for anticipating Gold's ascent from the lows in August, and yet they cite all of the wrong reasons for its appreciation: peak DXY, peak USD/JPY, falling real yields, speculative bu...Read More
During the shutdown of the federal government, the Commitments of Traders report will not be published. When the federal government operations return to normal, CFTC will resume publication of the Commitments of Traders report.Read More
The gold stocks' young upleg is really growing, on a trajectory to become major. This contrarian sector is breaking out to the upside on multiple fronts technically, which is really improving sentiment. Traders' extreme bearishness of late summer has mostly abated, with bullish shoots taking root. Fundamentals certainly justify the mounting gold-stock buying, with earnings set to surge on...Read More
By Jeff DesjardinsWe're only a few days into 2019, but it appears markets have picked up exactly where they left off.There is growing uncertainty and volatility almost everywhere, and individual events are starting to become catalysts for sell-offs or rallies. Whether it's Apple's recent profit warning or Fed chair Jerome Powell saying that he is "listening closely" to the markets, investors are...Read More
By Harris KuppermanFrom time to time, the investment world takes something as accepted wisdom and just runs with it. For whatever reason, investors seem convinced that the US Dollar is destined to go higher. I've heard lots of smart opinions why; interest rate differentials, GDP growth rate differentials, "The Dollar Milkshake Theory," "Prettiest Body in the Morgue" and the "Fear Trade." Over th...Read More
Precious metals markets are off to a strong start in 2019. Gold and silver both closed Thursday at multi-month highs as the stock market reversed sharply to the downside.Investors were disappointed by manufacturing data showing a slowdown in industrial output. They dumped economically sensitive stocks and bid the U.S. dollar lower on foreign currency exchanges. Markets now expect the Federal Res...Read More
By Marin KatusaOn Wednesday, January 2nd, CEO Tim Cook halted Apple stock and stated that the company's earnings would fall well short of analysts' expectations.A key reason behind the revenue miss was slowing Chinese demand.Tim Cook made the shortfall about the "trade wall" but he forgot to mention that iPhones aren't even a top 5 phone in China.Maybe Apple's overpriced products aren't what the...Read More
By Gary TanashianI was going to look around to see if I could find a media article out there (complete with a TA trying to sound really important) that would be appropriate to be made fun of in our little Men Who Stare at Charts series. But then I decided to create my own chart, stare at it a little, post it and talk about it (hopefully not too self-importantly).Introducing an all too busy long-...Read More
- Gold over 6-month high at $1,300 on global slowdown fears- Bullion surges 5% in December and consolidates on gains this week- Gold surges to all time record highs in Australian dollars ($1,871)- Safe haven demand for safe havens as risk assets sold- Apple's poor outlook sees stocks fall; Markets now wagering on Fed rate cut- "2019 is already getting off to a volatile start and we expect to s...Read More
Full Article: End of EmpireBy: W K DarcyAs I previously detailed in 2018, Washington Wall Street (W^2) is coming to the END OF EMPIRE just as Rome, France and Germany (not to mention Britain and a host of other wanna-be "masters of the world") met their demise.Forever wars depleting the treasury, a parasitic aristocracy subjugating and impoverishing the peasants, bread and circuses now ru...Read More
As the great stock market bear market unfolds, Clive says silver is going to continue to perform well. Here's why...by Clive Maund via Streetwise ReportsThe last update was wrong. Silver was expected to drop with the stock market, but instead it held its ground and then broke higher last week. The reasons for this misinterpretation, both for gold and silver, are set out in the latest Gold Market...Read More
Peter KrauthEven just a quick glance at the price of silver is enough to alert any investor that this metal has begun a new rally.As much as gold may have struggled in 2018, silver's performance was even bleaker. After starting out last year at $17, silver would close out 2018 at $15.47, for a sizeable 9% annual loss.However, if we look at silver's action since early November, there's a lot for bu...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedBMO analyst Colin Hamilton said in a note there were many questions in the metals market raised by the trend in China of positive fiscal spending statements, but weak consumer-led data points, whichRead More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe initiative uses a proprietary technology to reprocess old and fresh tailings of Codelco Chile's El Teniente division to recover copper and molybdenum.Read More
Three-month base metals prices on the London Metal Exchange were generally firmer this morning, Friday January 4, with copper, nickel, zinc and lead up by an average of 0.8% with copper up by 1.1% at $5,840 per tonne. Aluminium and tin bucked the trend, however, to decline by 0.5% and 0.1% respectively. Volume across the complex has been high as it has been each trading day this week...Read More