This week’s about knowing when it’s a low risk time to buy gold stocks.We’ve had two things happening over the past several years…One… The S&P 500 has soared to record heights as the economy came out of the housing crisis dungeon.Two… Gold stocks, plus other commodities went into the dungeon due to a multi-year bear market in commodities. Since both thing...Read More
CloseGain/LossGold $1347.30+$1.30Silver$16.77+$0.10XAU84.21+0.27%HUI182.65+0.10%GDM640.14+0.42%JSE Gold1064.24-32.80USD89.50+0.04Euro123.75-0.03Yen93.63+0.34Oil$66.52+$0.3010-Year2.840%+0.008T-Bond145.8125+0.34375Dow24786.63+0.87%Nasdaq7281.10+1.74%S&P2706.39+1.07% The Metals: Gold gained $2.80 to $1348.80 in Asia before it fell back to $1337.70 at about 9AM EST, but it t...Read More
Full Article: SWOT Analysis: Gold Advances on the Risk of Trade WarsBy: Frank HolmesStrengthsThe best performing metal this week was gold, up 0.62 percent. Gold posted its third quarterly gain last quarter, for the longest run since 2011, according to Bloomberg. The weekly Bloomberg survey of trader sentiment showed that most gold traders were neutral this week, while last week they were bearish...Read More
A fresh 2018 high, an unbrokenresistance and negative divergence. What does this interesting mix tell us aboutoil bull’s strength and further increases?Technical Analysis of Crude Oil Let's examine the charts below (chartscourtesy of http://stockcharts.com).The first ting that catches the eyeon the daily chart is a fresh 2018 peak created on Friday. Is this a positivesign? Yes. Is it bullish...Read More
Looking at the 50-day moving average, gold is currently in an uptrend and has been trading between $1,365 and $1,302 per ounce since January. Mike Matousek, head trader at U.S. Global Investors, explains gold's current trajectory and how investors might play the positive trend.For Mike's full explanation, watch the video below!http://www.usfunds.com/ Read More
By Frank HolmesYou've no doubt heard that everything's bigger in Texas. That's more than just a trite expression, and I'm not just saying that because Texas is home to U.S. Global Investors.Want to know how big Texas really is? Let's compare its economy with that of Russia, the world's largest country by area. As you probably know, Russia's been in the news a lot lately, so the timing of this co...Read More
Metal Bulletin has added four battery-grade lithium price assessments to its existing coverage of the battery raw materials sector. Metal Bulletin has established a dedicated, global team to track the lithium ion battery raw materials supply chain while it evolves and responds to demand from the electric vehicle (EV) sector. China is the world's largest consumer of lithium, and is expected to ramp...Read More
Source: Jack Chan for Streetwise Reports 04/17/2018 Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver. -->Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short term...Read More
Boom! The U.S. and its allies struck Syria in response to a suspected deadly chemical attack several days ago. Gold should be the safe haven in such situations, right? But the price of gold was practically unchanged on Monday. What happened? U.S. Strikes Syria. Gold YawnsA lot has happened in recent days. Luckily, we have kept an eye on the most important developments for you, so let's analyze...Read More
Metal Bulletin will today add two graphite price assessments to its existing coverage of the battery raw materials sector. Metal Bulletin has established a dedicated, global team to track the lithium-ion battery raw materials supply chain while it evolves and to respond to developments in the electric vehicle sector. Metal Bulletin will be using its standard price discovery pro...Read More
By: Nicholas LePan, GoldSeek.com The Road to Camino Minerals' Los Chapitos Copper Exploration Property, outside the town of Chala, Peru The current list of tier-one assets of copper, many of which were discovered in the early 20th century and have been operating for several decades, are quickly becoming uneconomic as grades fall, sustaining capital outlays rise and processing costs step up ac...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
Graceland Updates By Stewart Thomson 1. Sales and profits growth for key Asian gold jewellers continues to set the stage for an imminent and massive mining stocks rally.2. Please click here now. Double-click to enlarge this fabulous Chow Tai Fook chart.3. A major breakout to the upside is in play, and where Chinese jewellers go on the price grid, Western miners are likely to...Read More
By Clint SiegnerThe U.S. fired 105 Tomahawk missiles into Syria on Friday night.In other times, the salvo would have put Americans on edge over the prospect of war with nuclear-armed Russia. Our former Cold War adversary is actively defending the Syrian regime and warning the U.S. to mind its own affairs.But, these days not much can command the attention of the complacent public.The President qu...Read More
Flat steel import prices in the United Arab Emirates and Saudi Arabia continued to fall this week, with market participants expecting further declines, sources told Metal Bulletin on Tuesday April 17.Demand was weak in both countries, and no improvement was expected because the Islamic holy month of Ramadan will start in mid-May and market activity will reduce even more.UAEChina offered hot-rolled...Read More
"each year about 200 Moz of silver are used in silver jewelry fabrication, but only a small amount is ever recycled." Here's why it matters...by Steve St Angelo of SRSrocco ReportGlobal silver scrap supply fell to its lowest level in 26 years. World silver recycling in 2017 dropped by nearly 50% since its peak in 2011. According to the 2018 World Silver Survey, global silver scrap supply decli...Read More
By Frank HolmesYou've no doubt heard that everything's bigger in Texas. That's more than just a trite expression, and I'm not just saying that because Texas is home to U.S. Global Investors.Want to know how big Texas really is? Let's compare its economy with that of Russia, the world's largest country by area. As you probably know, Russia's been in the news a lot lately, so the timing of this co...Read More
Peter KrauthAfter a wild ride last week, investors have an increasingly optimistic outlook for the price of silver. And for good reason.You see, the 2018 World Silver Survey by the Silver Institute was just released, and it's immensely positive for the silver market.According to the Silver Institute, global demand for silver is growing at a ravenous pace, rising to its highest level in five years....Read More
Russia's Magnitogorsk Iron & Steel Works (MMK) reduced shipments of steel products to foreign customers by 20.7 % year on year, to 605,000 tonnes in the first quarter of 2018, the company said on Tuesday April 17.Russia's Magnitogorsk Iron & Steel Works (MMK) reduced shipments of steel products to foreign customers by 20.7 % year on year, to 605,000 tonnes in the first quarter of 2018, the co...Read More