Gold rose early on Monday as traders sought the safe haven yellow metal to protect themselves from falling equity prices and concerns about Continue...Read More
"The strategic rationale for combining Goldcorp with Newmont is powerfully compelling on many levels," Continue...Read More
Exports collapsed 7.6% from the previous year and imports also fell; the year-on-year drops were the biggest since the second half of 2016.Continue...Read More
Thetwo largest private producers of bullion bars and rounds in the U.S.have gone defunct over the past two years. Premiums for silver bars and roundsare already on the rise as markets adjust to the lack of supply.Atpresent, demand for these products is manageable. A surge in buying activity,however, could lead to serious difficulty finding low-premium products. Elemetalshut down most of its operat...Read More
Although the financial media conflates the two, there is a difference between a rally and a bull market. A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold’s strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold’s rebound in 2016 was a rally. Nevermind the...Read More
We called the move from $4.75 to $2.90 in Natural Gas, and our predictive modeling solutions are suggesting a new upside rally in price is setting up for early Spring.Very cold weather across the Northwest and Eastern US, as well as moderate demand globally, should prompt a renewed rally in Natural Gas through at least March or April of 2019. A move to, or above, $3.30~$3.40 would indicate there i...Read More
Every thing has a cyclical manner, some more than others. And when price and the cycle runs together, it great to be in it for the ride! Of course fundamentals are the reason for a price move, yet the laws of nature seems to co ordinate fundamentals, price and time together, hence the outcome can be seen via a sine wave cycle.If you use some math called 'Bartels' (more here) you can scan many...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 14, 2019 "If everybody is thinking alike, then somebody isn't thinking." General George S. Patton, U.S. Army field commander, WW2, 1885-1945 "There are two kinds of people that lose money: those...Read More
StrengthsThe best performing metal this week was palladium, up 1.71 percent, and now the most expensive precious metal. Gold, meanwhile, is set for its fourth weekly gain, marking its longest rally since October. Traders surveyed by Bloomberg are bullish on the yellow metal for a ninth straight week. In December, China added to its gold reserves for the first time since October 2016, according t...Read More
By: Keith Weiner, Monetary MetalsFor years, people blamed the global financial crisis on greed. Doesn't this make you want to scream out, "what, were people not greedy in 2007 or 1997??" Greed utterly fails to explain the phenomenon. It merely serves to reinforce a previously-held belief. Far be it from us to challenge previously-held beliefs (OK, OK, we may engage in some sacred-ox-goring from...Read More
Shaky ChinaBrexit BreakageHelpless EuropeDC, Back to Dorado, more Florida, and Boca RatonFor a couple of years now, the economic narrative has shown a comparatively strong US against weakness in Europe and some of Asia (NOT China). The US, we are told, will stay on top. I agree with that, as far as it goes... but I'm not convinced the "top" will be so great.Americans like to think we are insulat...Read More
Jan. 11th, 2019(S14-E678)Featured GuestsCEO Kenneth Lewis& John WilliamsShow HighlightsOneGold Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott Inc.The first online marketplace to offer secure and convenient buying, selling and redemption of digital PMs.OneGold uses VaultChain, a secure, immutable blockchain ledger from Tradewind M...Read More
By: Jordan Roy-Byrne CMT, MFTAAlthough the financial media conflates the two, there is a difference between a rally and a bull market.A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold's strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold's rebound in 2016 was a...Read More
By: Larry LaBordeWe just returned home from a trip to France and my head is still trying to sort everything out. The Yellow Vests were protesting across the country but most of the press concerning them was from Paris. We spent a week in southern France where most of the police were sympathetic to the protestors. Outside Paris the Yellow Vests opened toll booth gates (no tolls today!) and...Read More
Full Article: Gold Outlook 2019: Uncertainty Makes Gold A "Valuable Strategic Asset"By: Mark O'ByrneAs we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance:financial market instabilitymonetary policy and the US dollarstructural economic reforms.Full Ar...Read More
Bix has an important update on the state of the silver market rigging. What's a fair value for the price of silver? Here's Bix's number and explanation...by Bix Weir from Road to RootaThe Silver Rigging operation has been going on for so long people ACCEPT the market structure as a legitimate market. Broken markets produce Fraudulent Prices! Read More
RAPAPORT... Indian industry bodies are stepping up measures to prevent owners of bankrupt diamondcompanies from starting a new business before clearing their debts. The country's TradeDisciplinary Committee (TDC) could ban such new firms fromcarrying out business on the premises of member organizations, it said in a notice December 21.That would effectivelyprevent them from operating wit...Read More
RAPAPORT... Israeli exploration company Shefa Yamim has identified a newmineral while examining gemstones it had unearthed in the country. The miner has named the material carmeltazite, as it discoveredit on Israel's Mount Carmel, and its major chemical components are titanium,aluminum and zirconium, Shefa Yamim said last week. The mineral exists insidethe miner's Carmel sapphires, a type of...Read More
RAPAPORT... Angola will this month host its first diamond sale under newrules designed to improved transparency and prices.Sodiam, a state-owned diamond-marketing company, will offerseven large stones from Lucapa Diamond Company's Lulo mine, including a46-carat pink and six white diamonds ranging from 43 to 114 carats. The Angolan government approved reforms last year that willopen sales to a wide...Read More
RAPAPORT... Alrosa noted strong sales in December as buyers sought goodsto replenish their stocks. Proceeds increased 38% year on year to $328.7 million, theminer said Friday. Rough-diamond sales rose 42% to $323.7 million, whilepolished revenue dropped 47% to $5 million, according to Rapaport calculations. Sales value was also 20% higher than in November due to a "flexiblepricing policy, aga...Read More