Central banks’ purchases create a floor for gold prices. Myth or fact? We invite you to read our today’s article about the central banks’ demand for gold and find out whether it will save gold. Gold is an important part of central banks’ foreign exchange reserves. As of H1 2018, they hold about 34,000 tons of bullion worth $1.36 trillion, or 10.3 percent of the total reserv...Read More
The conventional definition of a Bear is someone who expects stocks to decline. For those of us who are bearish on fake fixes, that definition doesn’t apply: we aren’t making guesses about future market gyrations (rip-your-face-off rallies, dizziness-inducing drops, boring melt-ups, etc.).No, we’re focused on the impossibility of reforming or fixing a broken economic system.Many...Read More
Are we in a recession already?The cheerleaders in the mainstream financial press assure us the economy is going gangbusters. But recessions are typically only visible to statisticians long after the fact. They are, however, often visible in real time on the ground.Business volume drops, people stop buying houses and vehicles, restaurants that were jammed are suddenly half-empty and so on.There are...Read More
Publisher's Note: Mr. James Dines runs one of the world's longest-lasting financial newsletters, The Dines Letter, and has become a legend among investors.Here is a look at how 2018 has worked out for his readers, and some guidance on where to be now and in the year to come.To your wealth,Nick HodgePublisher, Outsider ClubFashions, after all, are only epidemics. -George Bernard ShawFor some re...Read More
Today I'm sharing a few of my best winter skin care tips! These are little tips and products that I use in my daily beauty and skin care routine that I truly believe help improve my skin and minimize dryness. Do any of you suffer from dry skin like me especially this time of year? ugh! If you do I think you're going to love this vid! Happy Holidays! Love, Linds*PRODUCTSGet $20 off a $100 StriVecti...Read More
The U.S. Attorney's Office in Oregon says Harry Dean Proudfoot III, 78, used the scheme to steal $3.2 million from 140 investors.Read full newsRead More
"Want To Know How Equity Markets Will Perform The Next Two Years? Tell Me What President Trump Will Decide About China's Growing Technological Prowess. https://t.co/Z6v6MQu1T5"Read full newsRead More
"Canada Cobalt Works : Step-out drilling confirms new discovery east of Canada Cobalt's Castle mine -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/2CwYEhkFw3"Read full newsRead More
Randy Smallwood, CEO at Wheaton Precious Metals, tells BNN Bloomberg the settlement the company has reached with the CRA will be positive for shareholders.Read full newsRead More
Randy Smallwood, CEO at Wheaton Precious Metals, tells BNN Bloomberg the settlement the company has reached with the CRA will be positive for shareholders.Read full newsRead More
Harry Dean Proudfoot III formed a Tigard-based company to attract investors and promised to use their money to mine two gravel pits in Ohio, but instead used the money for living expenses, cars and travel, according to court records and information disclosed at his trial.Read full newsRead More
A 78-year-old man who used to live in Tigard was convicted of running a fraudulent gold mining investment scheme which profited millions. His son previously pleaded guilty to wire fraud and money laundering. Harry Proudfoot and his son Matthew Proudfoot stole $3.2 million from 140 investors in a five-year scam, according to the U.S. Attorney's Office in Oregon. "Harry Proudfoot and his childre...Read More
CloseGain/LossOn WeekGold $1238.30-$4.60-0.81%Silver$14.58-$0.19-0.34%XAU67.59-1.69%-0.52%HUI152.66-2.56%-0.83%GDM560.45-1.47%+0.07%JSE Gold1302.25+3.60+8.42%USD97.46+0.39+0.89%Euro113.05-0.59-0.92%Yen88.23+0.20-0.64%Oil$51.20-$1.38-2.68%10-Year2.893%-0.016+1.30%Bond143.4375+0.40625-0.33%Dow24100.51-2.02%-1.18%Nasdaq6910.66-2.26%-0.84%S&P2599.95-1.91%-1.26% The Metals: Gold fell $9.90 to $...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort169,600109,10153,101134,285211,653356,986373,855Change from Prior Reporting Period -3,419-14,917772-78218,337-3,4294,192Traders16881704851247176 Small Speculators (C) GoldSeek.com LongShortOpen Interest 45,26428,395402,250 5,760-1,8612,331 non reportable positionsChange from...Read More
'Hard' Brexit Risk Sees Gold Gain In Euros and Pounds - Nears ?1,000/oz & EUR1,100/ozGold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a 'hard' Brexit, about global economic growth and uncertainty around the Fed's interest rate policies in 2019.Gold in GBP - 1 Month (GoldCore)Gold has consolidated on last wee...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort169,600109,10153,101134,285211,653356,986373,855Change from Prior Reporting Period -3,419-14,917772-78218,337-3,4294,192Traders16881704851247176 Small Speculators (C) GoldSeek.com LongShortOpen Interest 45,26428,395402,250 5,760-1,8612,331 non reportable positionsChange from...Read More
'Hard' Brexit Risk Sees Gold Gain In Euros and Pounds - Nears ?1,000/oz & EUR1,100/ozGold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a 'hard' Brexit, about global economic growth and uncertainty around the Fed's interest rate policies in 2019.Gold in GBP - 1 Month (GoldCore)Gold has consolidated on last wee...Read More
"Deals all over the place in resource stocks. What a time to be buying mining and oil/gas stocks in Canada. #buylowsellhigh is the name of the game!"Read full newsRead More
"Deals all over the place in resource stocks. What a time to be buying mining and oil/gas stocks in Canada. #buylowsellhigh is the name of the game!"Read full newsRead More
The 552-carat yellow gem was found at the Diavik mine in the Northwest Territories, and is almost three times the size of the next largest ever found in CanadaRead full newsRead More