CloseGain/LossOn WeekGold $1209.90-$14.00-1.88%Silver$14.17-$0.26-3.93%XAU64.16-1.88%-4.51%HUI143.41-1.61%-4.04%GDM529.60-1.47%-3.05%JSE Gold1098.11-23.50-3.09%USD96.90+0.22+0.47%Euro113.39-0.22-0.49%Yen88.03+0.06-0.43%Oil$60.19-$0.48-4.67%10-Year3.190%-0.050-0.78%Bond137.875+0.6875+0.52%Dow25989.30-0.77%+2.84%Nasdaq7406.90-1.65%+0.68%S&P2781.01-0.92%+2.13% The Metals: Go...Read More
CloseGain/LossOn WeekGold $1209.90-$14.00-1.88%Silver$14.17-$0.26-3.93%XAU64.16-1.88%-4.51%HUI143.41-1.61%-4.04%GDM529.60-1.47%-3.05%JSE Gold1098.11-23.50-3.09%USD96.90+0.22+0.47%Euro113.39-0.22-0.49%Yen88.03+0.06-0.43%Oil$60.19-$0.48-4.67%10-Year3.190%-0.050-0.78%Bond137.875+0.6875+0.52%Dow25989.30-0.77%+2.84%Nasdaq7406.90-1.65%+0.68%S&P2781.01-0.92%+2.13% The Metals: Go...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort169,141150,115103,258173,897212,033446,296465,406Change from Prior Reporting Period 387-5,44511,7988,04014,97120,22521,324Traders16593905852269194 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,61529,505494,911 -255-1,35419,970 non reportable positionsChange fr...Read More
By Gary TanashianCrude Oil and Industrial Metals continue downward. This is significant per this NFTRH monthly chart showing these items and the broad CRB itself having hit trend lines from the 2008 highs. These pullbacks from long-term trend lines are notable and qualify cyclical commodities as risk indicators for the cyclical macro.Here is oil's weekly view. Key support was lost last week as n...Read More
By Jordan Roy-Byrne CMT, MFTA The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. If that comes to pass, we are positioned to profit from it. But I digress. Long-term oriented investors and speculators should be aware of the near term trends but they should also be aware of the conditions that will lead to a shift f...Read More
By David Brady, CFAIt is difficult to provide an update on something that hasn't moved in months. Other than a spike higher on October 11, Gold has basically done nothing in the past three months. The current range remains 1214-1251. Many investors in the precious metals space have become extremely bullish recently, given the rally from 1167. But there is little reason for it, in my opinion. Not...Read More
First developing countries blew up. Then real estate topped and started to roll over. Now oil has entered what CNBC just called its "longest losing streak in three decades." The oil rout just became a bear market for U.S. crudeIn a volatile turnabout, the U.S. crude benchmark fell into a bear market Thursday just five weeks after hitting a nearly four-year high.West Texas Intermediate crude for...Read More
The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season. Sales and profits soared largely due to Republicans' massive corporate tax cuts. Still these lofty stock markets are vulnerable to serious downside, as October's brutal plunge proved. Such extreme revenue and earnings growth cannot persist, and valuations remain in dangero...Read More
After falling in August and September, intervention in the gold market by the Bank for International Settlements via gold swaps increased substantially in October, according to the bank's monthly statement of account, published this week: https://www.bis.org/banking/balsheet/statofacc181031.pdf The bank's August and September statements are here: https://www.bis.org/banking/balsheet/statofacc180...Read More
TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6A OTCQB Venture Market (OTCQB): GARWFVANCOUVER, Nov. 9, 2018 /PRNewswire/ - Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), "Golden Arrow" or the "Company" is pleased to announce that the Company's joint venture partner in Puna Operations Inc., ("Puna") has reported...Read More
By Daniel R. Amerman, CFAHousing prices and the associated REIT returns have worked very differently in the United States since the recession of 2001. The increasing financialization of the real estate markets by Wall Street, and the aggressive and unconventional interventions by the Federal Reserve over that time, have combined in multiplicative fashion to produce new and volatile sources of ho...Read More
Key Gold and Precious Metals News, Commentary and Charts This WeekWith Brexit around the corner and stock markets plunging in October - is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading "online bullion dealer" of physical gold (bars and coins) and informed their readers how "buyers can ask to have it stored, for a charge, or delive...Read More
Full Article: SWOT Analysis: Election SpottingBy: Frank HolmesStrengthsThe best performing metal this week was platinum, up 4.29 percent as hedge funds cut their bearish platinum view to the lowest in seven months. Gold ended October with a gain for the first month in seven. The Bloomberg Intelligence (BI) Global Senior Gold Valuation Peer Group Index is headed for its biggest monthly increase si...Read More
Lucara Diamond Corp achieved earnings before interest, taxes, depreciation and amortisation (Ebitda) of $18.2-million for the third quarter ended September 30, compared with the Ebitda of $49.8-million reported for the quarter ended September 30, 2017.The decrease in Ebitda reflects lower revenues attributable to a smaller volume and lower average price of exceptional stones sold, with the sales f...Read More
Metswedi Mining has received the first renewal for both prospecting licence (PL) 101 (430 km2) andPL58 (2.3c) which make up the Middlepitsproject, in Botswana, Canadian diversified junior mining company Tango Mining announced last month. The property is 470 km south-west of Gaborone and 90 km south-west of Tshabong, in the country’s Kgalagadi district.Advertisement TSX-V-listed Tango is set...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesThe company expects the reduced organisational structure will save about US$5 million per annum in corporate general and administrative expenses.The company, which operates the Pinto Valley copper mine in Arizona and the Cozamin mine in Mexico, said the move would also empower mine general managers and their teams to run operations as in...Read More
U.S. equity index futures moved lower this morning. S&P 500 futures were down 13 points in pre-opening trade. Walt Disney added $1.50 to $117.50 after reporting higher than consensus quarterly revenues and earnings.General Electric dropped $0.28 to $8.82 after JP Morgan lowered its target price to $6 from $10.Activision plunged $8.51 to $54.26 after reporting lower than consensus quarterly ear...Read More
When you receive a paycheck, who do you pay first?If you're like most Americans, you're probably paying everyone else first-your rent/mortgage, groceries, utilities, car payment, insurance, etc. Once you're done paying all those bills, you stick whatever you have left (if anything) into savings-that's the classic "paying yourself last" scenario.And like most people, you then patiently await your n...Read More
The Peter Schiff Show Podcast - Episode 411RATE AND REVIEW this podcast on Facebook.https://www.facebook.com/PeterSchiff/...Dead Cat Bounce Flattens Out - The Dow Jones was down a little over 200 today, closing back below 26,000. NASDAQ composite down 124 - that's a bigger percentage decline, 1.7%, approximately. The Composite is being led lower by the tech stocks, particularly the FANG stocks o...Read More
Watch as Marin Katusa (Katusa Research) discusses with Rick Rule (Sprott US Holdings Inc.) and Brent Cook (Exploration Insights) discuss market scams and what investors can do to avoid them.Join us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridgehouse.com/https://twitter.com/cambridgehttps://www.facebook.com/cambridgehou...Copyright (C) 2018 Cambridge House I...Read More