Renowned oil trader Andrew Hall says crude prices may have hit bottom.The former Citigroup manager, who made $100 million trading oil during the financial crisis (which earned him the nickname "God" of the crude market), says the energy markets face many headwinds, but investors are better off betting on oil.Hall says the biggest concern for oil investors is a global recession, which could signifi...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: Go...Read More

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it's not always clear why such a thing matters. In other words, how, exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those things imply? The answer (which is both simple and really easy to illustrate with charts) is that banks - the...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

By David Brady, CFASHORT TERM: 0 - 30 DAYS We all know that positioning and sentiment are bullish for Gold and have been since May. Hence the need to focus on the technical picture. As I reported last week, Gold is in a Bear Flag following its drop from 1369 in April to 1167 in October. It touched channel resistance at 1257 on Monday, but the closing high was 1253, strong Fibonacci resistance. G...Read More

Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente's perhaps the most well-known trends forecaster in the world and it's always a joy to speak with him. Mr. Celente, thanks for the time again today and welcome back.Gerald Celente: Always great being on with you, thank you.Mike Gleason:...Read More

The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triple breakout technically. That event should really boost capital inflows into this sector, accelerating the rally. A major gold and gold-stock buying catalyst is likely imminent too, a...Read More

By Marin KatusaA surprise event with a major impact is known as a Black Swan.The theory was made famous by Nassim Taleb in his books Fooled by Randomness and later in The Black Swan. In his books, Nassim argues that many of the world's greatest feats are in fact black swan events.In the finance world, fortunes are made by those who anticipate Black Swans and lost by those who don't.A relatively...Read More

By Bill HolterPeople continually ask "when" will it happen? For the last 6 months we have responded "it is happening right before your very eyes"! In fact, as of this morning 52% of global markets are now down over 20% from their highs and qualifying as bear markets. Please understand the financial backdrop these weakening markets are falling into. Bluntly, the world is facing a giant margin ca...Read More

By David MorganThe national debt of the United States is about to hit another major milestone, getting ready to soar past $22 trillion for the first time ever.Clearly that is an enormous number... it's actually larger than the size of the entire US economy, which is pretty incredible.But what's always been the more important story about America's pile of debt is how rapidly it's growing.For exam...Read More

HighlightsFounder of the Trends Research Institute and Globalnomic(R) Trend Forecaster Gerald Celente returns with the economic forecast for the new year. $1,200 is the floor for gold - once the bulls push the price over $1,450 the sea change in sentiment could ignite an ascent to a new record over $2,000. Topping the list of catalysts that could move the PMs sector include a spike in oil price...Read More

By Alasdair MacleodThis article is an overview of the principal factors likely to drive the gold price in 2019. It looks at the global factors that have developed in 2018 for both gold and the dollar, how geopolitics are likely to evolve, the economic outlook and how it is worsened for the dollar by President Trump's tariff war against China, the availability and likely demand for bullion, and t...Read More

Declining supply, rising demand & positive cash flows By Adam TaggartSince gold topped out in 2011, the precious metals mining sector has been where investor capital goes to die.Mining stocks have performed miserably over the past seven years, missing out completely on the central bank-created liquidity-fest that has raised nearly every other equity sector to record highs.But the long winter o...Read More

I thought I'd seen all the "Peter Schiff Was Right" videos, but just stumbled onto this 2006 CNBC classic pitting Schiff against a new cast of (in retrospect) clueless antagonists, including a "chief economist" with some quaintly credulous ideas. This was the peak of the subprime mortgage mania, so the Bubblevision talking heads still considered the Fed to be "THE experts" on inflation and were...Read More

By Gary TanashianOur target for the first half of 2019 is and has been the 2100 to 2200 area for the S&P 500. A friend asked...I've been meaning to ask (and possibly) know the answer, 2100-2200 for H1 2019 is your ultimate bear market target or opening act?Opening act. It could be the ultimate target because there is a lot of support at that area and a good solid bear phase could put the Fed on...Read More

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 reserves, according to t...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

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

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More