In other words, just confiscate wealth from current owners because they will pay, whether they stay or not, through an immediate reduction in home value.Continue...Read More
Kirkland Lake Gold is by far the best up-and coming gold miner I am aware of. And Novo Resources Continue...Read More
(IDEX Online) - Mountain Province Diamonds Inc. reported earnings from mine operations of C$24.6 million and net income of C$700,000 in its financial and operating results for the quarter ended March 31. Included in the determination of net income is an unrealized foreign exchange loss for the quarter of $10.3 million on the translation of the company's USD-denominated long-term debt, the m...Read More
Stocks Gently Rise on Low InflationThe stock market held onto recent price gains through the first full week of May, after the Labor Department reported that inflation was tamer than expected. In the month of April, consumer prices showed a small increase, with the consumer price index rising by 0.2% compared to expectations of 0.3%.Remember, this popular measure of inflation excludes energy and f...Read More
U.S. President Donald Trump announced on Tuesday that the United States is officially walking away from the 2015 Iranian nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA).As Anti-Media has already outlined, it appears that right from the get-go, it was the United States that implemented this agreement in bad faith - not Iran. To put it bluntly, the United States is t...Read More
The University of Iowa College of Liberal Arts & Sciences celebrates commencement at 1pm on May 12, 2018 at Carver Hawkeye Arena.Read More
Jason Burack of Wall St for Main St interviewed returning guest, author, former Dallas Federal Reserve Insider, Bloomberg View columnist and newsletter writer, Danielle DiMartino Booth http://dimartinobooth.com/ Danielle's bio: Danielle DiMartino Booth is a global thought leader on monetary policy and economics. She is the author of FED UP: An Insider's Take on Why the Federal Reserve is Bad for A...Read More
-- Update on gold markets-- Financial system chokepoints-- US Dollar payments system-- SWIFT transfers and third party influence-- How the US uses dollar payments leverage to control non US transaction-- How Inflation turns people against government and increases probability of civil unrest, limits government optionshttp://www.physicalgoldfund.comRead More
Erik Townsend and Patrick Ceresna welcome Charles Gave to MacroVoices. Erik and Charles discuss:-- The corporate yield curve and what it is telling us about the equity market-- The Hong Kong dollar peg-- China's debt and related risks-- The risk parity trade with bonds and stocks selling off simultaneously-- "The Upcoming Monetary War, With Gold as An Arbiter"-- Gold bullish vs bearish-- The retur...Read More
Adam HamiltonArchivesMay 11, 2018The mega-cap stocks that dominate the US markets are just wrapping up a truly-extraordinary earnings season. Naturally this first quarter under Republicans' new corporate tax cuts fueled surging profits. But sales were up big too, which is no mean feat for massive companies. With sustained growth at this torrid pace impossible, peak-earnings fears are mounting. And...Read More
Market Overview The three major U.S. indices finished mixed on Friday. The Dow Jones Industrial Average rose 91 points or 0.37%. The S&P 500 was up 0.17% while the Nasdaq (NDAQ) dropped 0.33%. For the week the Dow rose 2.34%, the S&P 500 gained 2.41% and the Nasdaq rose by 2.68%. Nvidia Corp. (NVDA) shares finished 2% lower on Friday after the chipmaker posted stronger-than-e...Read More
"Literally On Fire"This week brought forward more evidence that we are living in a fabricated world. The popular story-line presents a world of pure awesomeness. The common experience, however, falls grossly short. There are many degrees of awesomeness, up to total awesomeness - which is where we are these days, in the age of total awesomeness, just a short skip away from the Nirvana era. Wha...Read More
A false break to the upside.A false break to the downside.Silver is like a volatile yo-yo even within a narrow range.This market is doing lots of work before it finally makes a move.My bet is still to the upside.The price of silver tends to look its best when it is at the top end of its trading range and its worst at the bottom. Silver is a speculative precious metal that attract trend-following t...Read More
Zinc BUY Call 86d given at price 208.50 CMP 208.40. Low risk taker exit at Cost to Cost. RISK Taker Hold Carry call86d : Free Zinc Call Today - BUY Zinc at CMP 208.50 for Target 209.50 - 210.20 with SL below price 207.40AFTER POST CONTENT Read More
By Amrith Ramkumar and David Hodari A declining dollar boosted gold and other metals for the second straight session Friday, but the yellow metal erased its slight early gains as worries about higher interest rates continued to hinder its momentum. Front-month gold for May delivery declined 0.1% to $1,319.00 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have stay...Read More
U.S. dollar strength has been prevalent throughout this year. Its effect has resulted in strong headwinds for the precious metals complex. Dollar strength has been the most significant force involved with limiting any real upside movement. On February 16, the dollar index traded to the lowest price point this year when it reached 88.15. From February up until this week, the dollar has gained almos...Read More
CloseGain/LossOn WeekGold $1318.90-$1.70+0.37%Silver$16.67-$0.05+1.03%XAU83.86+0.07%+1.77%HUI182.24-0.06%+0.47%GDM639.91-0.00%+1.16%JSE Gold1068.30+8.70-4.19%USD92.54-0.12-0.06%Euro119.44+0.19-0.11%Yen91.47+0.13-0.28%Oil$70.70-$0.66+1.41%10-Year2.970%+0.003+0.85%Bond143.21875+0.03125-0.22%Dow24831.17+0.37%+2.34%Nasdaq7402.88-0.03%+2.68%S&P2727.72+0.17%+2.41% The Metals: Gold gained $5.30 t...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort198,54891,10857,613181,586316,570437,747465,291Change from Prior Reporting Period -11,029-11,690-8,5431,8514,963-17,721-15,270Traders18783864953282184 Small Speculators LongShortOpen Interest 53,65126,107491,398 1,363-1,088-16,358 non reportable positionsChange from the previous...Read More
Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certainGold nugget (placer gold) from Colorado, USA. Source: Commons.wikimedia.orgby Lawrence Thomas, Gold TelegraphThe demand for gold is increasing, yet new di...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort198,54891,10857,613181,586316,570437,747465,291Change from Prior Reporting Period -11,029-11,690-8,5431,8514,963-17,721-15,270Traders18783864953282184 Small Speculators LongShortOpen Interest 53,65126,107491,398 1,363-1,088-16,358 non reportable positionsChange from the previous...Read More