By: Gary ChristensonGold prices (weekly chart) formed an impressive inverse head and shoulders formation during a five-year base. Gold prices, which bottomed in December 2015, should climb the wall of worry.WHAT WALL OF WORRY?Really? You have to ask? Financial, stock market, debt and political worries come to mind:Global debt is about $250 trillion. The lenders expect to be repaid plus interest....Read More
By: Richard (Rick) Mills Gold markets were rocking on Tuesday, lifted by a basket of factors that included poor stock market performance earlier in the week, slow growth in China, weak earnings reports and expectations the US Federal Reserve would strike a dovish tone at its two-day meeting starting on Tuesday afternoon. The Fed raised interest rates four times in 2018 but some officials have...Read More
By: Gary TanashianAs the stock market cracked on October 10th we noted...Looks Who's Holding Firm Amid the Carnage; the Gold MinersAnd sure enough the GDX bottoming pattern noted in that post (and before that in an NFTRH subscriber update) played out perfectly amid the stock market carnage going on all around it.Was I trying to predict something? Of course not. I was just following general rul...Read More
By: David HaggithFederal Reserve Chair Jerome Powell placed his put in stocks while saying there is none. When he doubled down today on a more dovish approach to the economy, Powell claimed the Fed is not designing interest rates to keep the market climbing. If that is true, recession must be near:Fed delivers a "double-barrel dovish blast" The Fed sees recession dead ahead. You have only that...Read More
Well, there you have it: the most brazenly bogus rally in the history of the world. Are these guys good, or what? The fix was in even before Powell declared Wednesday afternoon that the Fed would be "patient." (Now there's a word that will reverberate through history!) AAPL's and Boeing's handlers had already gotten the jump on the Fed chairman's latest PR mutterance, deftly engineering respec...Read More
David Stockman, former congressman and budget director for President Reagan joins Sprott Media's Remy Blaire at the NASDAQ MarketSite. Stockman discusses the premise behind his book, Peak Trump: The Undrainable Swamp And The Fantasy Of MAGA.David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, S...Read More
Stephen Roach, former Morgan Stanley Asia chairman and Yale senior fellow, joins "Squawk Alley" to discuss potential progress on a trade deal between the U.S. and China.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the autho...Read More
If you need a hammer for any reason, the United Kingdom's counter-terrorism policing unit will consider you a potential terrorist. Continue...Read More
"As they cannot invent that Venezuela and Maduro have weapons of mass destruction... they now invent lies every day, false news, to justify an aggression against our country."Continue...Read More
It's amazing what a few weeks of outperformance will do for an asset class.Gold and silver, after being pretty much ignored for the past few years, are now the shiny new toys of the investment world. From just the past couple of days:Continue...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a pr...Read More
The rally in gold and the stock market together is demonstrating that eventually, we will see the alignment as it transforms from Public to Private Continue...Read More
Quoting anonymous sources, Reuters is reporting that the U.S suspend its compliance with the U.S.-Russian Intermediate-range Nuclear Forces (INF) TreatyContinue...Read More
According to the World Gold Council, gold bought by central banks in 2018 hit the second highest annual total on recordContinue...Read More
Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, explain why they believe a new bull market for gold is about to commence. Yesterday's FOMC statement and the subsequent news conference with Chairman Powell removed the last significant headwinds for gold. We think that a new bull market for gold is about to commence.Essentially, Chairman Powell trashed the Fed's forward guidance of the l...Read More
An iA Securities report discussed the new drill results in context with previous ones and what they could mean for the project. In a Jan. 28 research note, analyst George Topping reported that Wesdome Gold Mines Ltd.'s (WDO:TSX) newly released infill drilling results from the Deep A zone at Kiena "continue to be thick and high grade." The assays averaged 15.7 grams per ton (15.7 g/t) gold cut ove...Read More
A BMO Capital Markets report discussed this mining company's decision and its implications. In a Jan. 28 research note, analyst Andrew Kaip reported BMO Capital Markets upgraded IAMGOLD Corp. (IMG:TSX; IAG:NYSE) after its announced decision to postpone construction the Cote gold project. "With the announcement, we are of the view that the risk profile has changed," technically and financially, he...Read More
Duringthe lackluster and otherwise unremarkable trading of 2018, a hugely importantdevelopment took place in the precious metals markets. Gold production, in theestimation of some top industry insiders, peaked.Peak goldrepresents the point at which the total number of ounces being pulled out ofthe ground by miners reaches a maximum.Itdoesn’t necessarily mean gold production will suffer a pre...Read More
As the stock market cracked on October 10th we noted…Looks Who’s Holding Firm Amid the Carnage; the Gold MinersAnd sure enough the GDX bottoming pattern noted in that post (and before that in an NFTRH subscriber update) played out perfectly amid the stock market carnage going on all around it.Was I trying to predict something? Of course not. I was just following general rules we&rsquo...Read More
Big win for the doves! And for gold, as it jumped above $1,320 amid the soft FOMC statement. What’s next?Committee Will Be PatientYesterday, the FOMC published the monetary policy statement from its latest meeting that took place on January 29-30th. In line with the expectations, the US central bank unanimously kept the federal funds rate unchanged at the target range of 2.25 to 2.50 percent...Read More