By Avi Gilburt Each week, I believe the silliness being espoused as to what moves the market reaches a climax. Yet, the following week somehow always proves me wrong.Two weeks ago, I noted how the pundits claimed the market dropped because of rising rates, but when the market rallied, the same pundits claimed that it was rallying because of rising rates.Around the same time, these same pundits t...Read More
Vancouver, BC - March 5, 2018 - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZOF; Frankfurt: RH33 - "Zinc One" or the "Company") is pleased to provide an update on the current drill program at its Bongar? Zinc Mine project located in north-central Peru. As previously reported (see Company news release dated December 13, 2017), the Peruvian Ministry of Energy and Mines approved 124 drill pl...Read More
Growth in the Chinese manufacturing sector slowed significantly in the first two months of 2018, and coupled with falling figures for car and house sales the outlook would appear to be far from positive.With a large portion of the year so far having been taken up by official holidays, however, the overall health of China's economy is clearly distorted right now, so it is difficult to draw any clea...Read More
Takingprofits on our short positions and closing them on Thursday turned out to be agood idea. Gold, silver and – on an intraday basis – mining stocks moved higheron Friday, while the USD Index declined. But, is the rally over after just oneday? Not likely – gold’s and miners’ turning points are likely to result insomething more than just a daily rally. So, how high i...Read More
COLORADO SPRINGS, CO., March 05, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") announced today that it will hold its annual meeting of shareholders at 8:00 a.m. Mountain Time on Friday, June 22, 2018 at Embassy Suites located at 10250 East Costilla Avenue, Centennial, CO 80112. Gold Resource Corporation is a gold and silver producer, developer and...Read More
Brazilian long steel imports increased by 198.66% year-on-year in February 2018, with higher shipment volumes coming from Turkey.Imports of non-alloyed long steel products amounted to 29,392 tonnes during the month, against 9,841 tonnes in the February 2017, according to figures released by the country's foreign trade ministry, MDIC,...Read More
Acrossthe world’s big energy markets, the energy war rages on.OPEC andU.S. producers have been competing for years, but it’s now clear who’s winning thisfight.Americanproduction of crude oil rose to an all-timehigh, surpassing 10 million bpd. InFebruary, the International Energy Agency predicted that U.S. shale outputcould meet all new global demand, thanks to its “extraord...Read More
The Italian election will have an impact on the euro and will also affect decision making among Eurozone members. Merkel gets a fourth term in Germany. I do not foresee a sustainable government in Germany. Merkel's pro migrant chant will reduce if she needs to stay in power. Even new Italian leaders will support the need to take in less migrants. Less migrants implies less chaos and lawlessness...Read More
The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More
The coming credit crisis in China is no secret.China has $1 trillion or more in bad debts waiting to explode. These bad debts permeate the economy.Continue...Read More
Growth in the Chinese manufacturing sector slowed significantly in the first two months of 2018, and coupled with falling figures for car and house sales the outlook would appear to be far from positive.With a large portion of the year so far having been taken up by official holidays, however, the overall health of China's economy is clearly distorted right now, so it is difficult to draw any clea...Read More
Let's continue on our topic of capital consumption. It's an important area of study, as our system of central bank socialism imposes many incentives to consume and destroy capital. As capital is the leverage that increases the productivity of human effort, it is vital that we understand what's happening. We do not work harder today, than they worked 200 years ago, or in the ancient world. Yet we...Read More
Technical analyst Clive Maund charts silver and explains why he is bullish on the metal.The purpose of this update is to commemorate the Large Specs having their first net short position in silver since the site started 15 years ago, and also to consider how we can turn this to our advantage. Before we look at silver's latest extraordinary COT chart and consider its implications, we will first qui...Read More
The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More
Anbang Insurance Group is one of China's largest and most aggressive financial institutions. It is known for its huge customer base, high leverage, and fast-paced deal making.Continue...Read More
CloseGain/LossGold $1319.60-$2.30Silver$16.43-$0.08XAU79.10+0.44%HUI174.35+0.78%GDM603.42+0.25%JSE Gold1108.17+0.60USD90.00+0.06Euro123.36+0.08Yen94.25-0.41Oil$62.57+$1.3210-Year2.884%+0.024T-Bond143.96875-0.46875Dow24874.76+1.37%Nasdaq7330.70+1.00%S&P2720.94+1.10% The Metals: Gold gained $5.80 to $1327.70 in Asia before it dropped back to $1317.40 by midafternoon in New York, but it then...Read More
Strengths ? The best performing metal this week was silver, nearly flat with a drift lower by just 0.06 percent. Sharp's Pixley notes gold demand is on the rise while supply has begun to fall, signaling a potential increase in the gold price. Many see gold as appealing in the medium and long term due to the sustained demographic move into the middle class in China and India, the wo...Read More
And so the immigration debate continues to hold government and the mainstream media hostage. Let's continue our analysis of the situation that we started last Monday...Continue...Read More
The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More
Full Article: Gold Stocks: Double Bottoms In PlayBy: Morris HubbarttMorris Hubbartttrading@superforcesignals.comtrading@superforce60.comSuper Force Precious Metals Video AnalysisFull Article: Gold Stocks: Double Bottoms In PlayBy: Morris HubbarttDisclaimer (C) 2010 Junior Gold Report and TechMoney360Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report's and Tech Money 360's News...Read More