HighlightsBill Murphy of GATA.org returns with his perspective on the PMs sector. Savvy central banks around the globe recognize the strategic significance of bullion as sound money as seen by the continuing trend of PMs accumulation. Russia recently added several tons of 70 lbs. silver bars to the national stockpile. The silver bullion market is vulnerable to a short-squeeze, merely one billion...Read More
It's a safe bet that most readers of this column who hold physical precious metals - gold, silver, platinum and palladium - do so because they view them as a store of value. Gold and silver especially, have served in the role of honest money for at least five millennia.With a melting point 700 degrees higher than gold, the Spaniards weren't able to determine how to utilize platinum, but they still...Read More
Members of the World Trade Organization (WTO) have voiced concerns about the decision by the United States to impose tariffs on imports of steel and aluminium, and the effect these may have on the global trading system.More than 40 members, including the 28 nations of the EU, took the floor at the WTO's Council on Trade in Goods on Friday March 23 to speak against the measures taken by the US.The...Read More
Elon Musk deleted the Facebook pages for SpaceX and Tesla on Friday after Facebook has come under heavy fire for it's privacy protections Continue...Read More
CloseGain/LossOn WeekGold $1345.70+$17.40+2.44%Silver$16.53+$0.14+1.22%XAU81.50+2.66%+3.56%HUI176.86+3.01%+3.33%GDM616.94+2.55%+3.08%JSE Gold1131.26+41.30+7.65%USD89.45-0.33-0.84%Euro123.56+0.45+0.56%Yen95.70+0.61+1.46%Oil$65.88+$1.58+5.68%10-Year2.812%-0.009-1.16%Bond145.00+0.25-0.32%Dow23533.20-1.77%-5.67%Nasdaq6992.67-2.43%-6.54%S&P2588.26-2.10%-5.95% The Metals: Gold...Read More
– Market turmoil as trade war concerns deepen and Trump appoints war hawk Bolton– Oil, gold and silver jump as ‘Russia China Hawk’ Bolton appointed– Oil up 4%, gold up 2.2% and silver up 1.6% this week (see table)– Stocks down sharply – Nikkei down 4.5%, S&P 4.3% & Nasdaq 5.5% – Bolton scares jittery markets already shell-shocked by US’...Read More
CloseGain/LossOn WeekGold $1345.70+$17.40+2.44%Silver$16.53+$0.14+1.22%XAU81.50+2.66%+3.56%HUI176.86+3.01%+3.33%GDM616.94+2.55%+3.08%JSE Gold1131.26+41.30+7.65%USD89.45-0.33-0.84%Euro123.56+0.45+0.56%Yen95.70+0.61+1.46%Oil$65.88+$1.58+5.68%10-Year2.812%-0.009-1.16%Bond145.00+0.25-0.32%Dow23533.20-1.77%-5.67%Nasdaq6992.67-2.43%-6.54%S&P2588.26-2.10%-5.95% The Metals: Gold...Read More
This article was written for Miles Franklin by Gary Christenson.The movie "Thelma and Louise" was released in 1991. One theme it discussed was "crossing over" or going beyond the point of no return. The consequences were tragic.Markets occasionally experience "Thelma and Louise" (T&L) moments when they "cross over" into a new phase. The results are usually traumatic. Now is a good time to call M...Read More
SummaryGold again showed resilience in the face of financial market weakness.The metal's "wall of worry" continues to grow, which is bullish.Gold ETF is close to confirming an immediate-term breakout signal.A major sell-off in the stock market caught precious metals traders by surprise on Thursday. Coming on the heels of gold's best 1-day performance in over a month, gold and silver ETF prices wer...Read More
This year's Prospectors & Developers Association of Canada's (PDAC) 2018 Convention was another success. From gauging, I haven't seen an attendance this strong since 2006. Even though the swagger was present, I didn't feel the 'hungry like the wolf' appetite. The caution flags were present and I spoke about that during my talk at the letter writer presentation. My topic was on gold versus bitcoin...Read More
By David SmithIt's a safe bet that most readers of this column who hold physical precious metals - gold, silver, platinum and palladium - do so because they view them as a store of value. Gold and silver especially, have served in the role of honest money for at least five millennia.With a melting point 700 degrees higher than gold, the Spaniards weren't able to determine how to utilize platinum...Read More
The light iron scrap market in the United Kingdom is unchanged this week, extending a steady trend from the previous week, although signs are emerging that prices may fall in the near term.The market has been steady for two weeks in a row after four weeks of price rises stemming from strengthening demand to key export markets such as Turkey and the Indian subcontinent. Metal Bulletin's price asses...Read More
There are a range of factors which drive the Kondratiev waves. Following Schumpeter, we have focused so far on technological innovations. However, debt cycles are also a key. What are they? The debt cycles are comprised of alternate leveraging and deleveraging of debt. The former occurs when people incur debt, increasing the debt-to-income ratio, or the debt-to-assets ratio. The latter is the o...Read More
Here are today's videos and charts (double-click to enlarge):SFS Key Charts & Video UpdateSF60 Key Charts & Video UpdateSF Juniors Key Charts & Video AnalysisSF Trader Time Key Charts & Video Analysis*********Unique Introduction For Gold-Eagle Readers: Send me an email to signals@superforcesignals.com and I'll send you 3 of my next Super Force Surge Signals free of charge, as I send them to paid s...Read More
Thereis a range of factors which drive the Kondratiev waves. Following Schumpeter,we have focused so far on technological innovations. However, debt cycles arealso a key. What are they?Thedebt cycles are comprised of alternate leveraging and deleveraging of debt. Theformer occurs when people incur debt, increasing the debt-to-income ratio, orthe debt-to-assets ratio. The latter is the opposite, so...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
By Jordan Roy-Byrne CMT, MFTA Gold has firmed above $1300 in recent days and is holding comfortably above $1300 for now. We think the market will break to the upside sometime this year. The question is when. Here are 3 things to watch that will tell us if Gold is on the cusp of that break-out soon or later. First, keep your eye on Gold's close at the end of next week. It's not only the end of...Read More
- Market turmoil as trade war concerns deepen and Trump appoints war hawk Bolton- Oil, gold and silver jump as 'Russia China Hawk' Bolton appointed- Oil up 4%, gold up 2.2% and silver up 1.6% this week (see table)- Stocks down sharply - Nikkei down 4.5%, S&P 4.3% & Nasdaq 5.5%- Bolton scares jittery markets already shell-shocked by US' tariffs against China- Currency wars and trade wars tend to...Read More
The junior gold miners' stocks have spent much of the past year grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling taxphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn't mislead them. The juniors' recent Q4 results proved...Read More
The uncertainty created by the announcement of import tariffs under Section 232 in the United States kept Turkish steel mills out of the deep-sea scrap markets during the working week from Monday March 19 to Friday March 23, although strong demand in the US domestic market kept sentiment positive.But the poor demand for material sent Taiwanese import prices downward.Turkey importsThe Turkish steel...Read More