By Frank HolmesSurprising no one, President Donald Trump announced his decision to withdraw the U.S. from the Paris climate agreement last week, highlighting the depth of his commitment to keep "America First." Also surprising no one, the media is making much of the fact that the U.S. now joins only Nicaragua and Syria in refusing to participate in the accord.Trump was under intense pressure fro...Read More
By Steve St. Angelo, SRSrocco ReportWell, it looks like the Wild West in Crypto-currency Land just got a lot more Wild. The Crypto-currency, CloakCoin, mentioned by Clif High during his interview with Greg Hunter on USAWatchDog shot up a stunning 300% in two days. Before Clif's interview was published, CloakCoin was trading a for a little more than a buck... $1.029. However, today, its tra...Read More
It's time to raise our sights, since AAPL has blown out of a consolidation pattern that took more than two weeks to create. My new rally target is 162.09, a Hidden Pivot resistance that will become an odds-on bet once AAPL has surpassed the midpoint pivot at 155.90 by perhaps $1.50 or closed above it for two consecutive days. This looks like such an easy romp that it's difficult to imagine the r...Read More
Gold Today -New York closed at $1,279.60 yesterday after closing at $1,278.20 Friday. London opened at $1,289.50 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was slightly stronger at $1.1246 after yesterday's $1.1264: EUR1.- The Dollar index was slightly weaker at 96.73 after yeste...Read More
- Deposit bail in risk as stocks and bonds of Spanish bank - Banco Popular - crash- Banco Popular stock crashes most on record - down 63% this year to 34 euro cents- Spanish bank tells employees - "Don't panic"- Risk of Spanish banking crisis as Banco Popular credit curve inverts- Banco Popular needs to find at least EUR4 billion more capital - analysts- Deposits over EUR100,000 (euro) vulnerabl...Read More
Full Article: Is $1,300 Gold a Viable Target?By: Peter HugMetals spiked to the target we suggested a mere five trading days ago and gold sits at a crucial pivot of $1,278, which if breached on a close basis suggests $1,300 is a viable next target. Since the "crash" three weeks ago, which saw gold test $1,210 and silver flirt with the low $16's, retail investors have been overall net sellers into...Read More
Full Article: India To Hit Gold Market With 3% Tax On July 1By: Anna GolubovaIndia will be rolling out a new 3% nationwide sales tax on gold and gold jewelry as soon as July 1, this according to the country's GST Council, which met during the weekend to finalize the numbers."We finally reached a consensus of taxing gold at 3 percent," Finance Minister Arun Jaitley told media outlets in New Delhi...Read More
Silver price manipulation investigation by the FBI has rendered some damaging evidence and witnesses. The Case Just Got WAY Bigger:Read More
Are Gold & Silver Prices About to Follow Cryptocurrencies into the Stratosphere?Read More
This is what the future holds. Why should I write words.Get into the cellar as fast as you can! GOLD AND SILVER SHOOT UP ON QATARI BLOCKADE/FOR 3 CONSECUTIVE DAYS, THE AMOUNT STANDING FOR PHYSICAL SILVER HAS INCREASED ON EACH OF THOSE 3 DAYS/SOUTH AFRICA OFFICIALLY MOVES INTO RECESSION/IN THE USA A POOR JOLTS NUMBER AND MACY'S WARNS!!GOLD: $1294.40 up $15.10Silver: $17.68 up 13 cent(s)Closi...Read More
Legendary Analyst Ted Butler Is "SHOCKED" By This Development In the Silver Market:By Ted Butler: I was shocked by Friday's announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off targ...Read More
The once Great Chinese Dragon Economy seems to be burning out as its economic indicators continue to weaken and smolder.You don't want to play with fire and TIME your exit out of these insane markets...From SRSRocco: One such indicator is China's rapidly falling industrial silver consumption. At one time, Chinese industrial silver fabrication was consuming nearly a third of the global total. H...Read More
When the Central Banks finally lose control of propping up the markets, will the BIG MONEY be made in owning gold, silver or crypto-currencies? From SRSRocco:This is the question many investors who are focused on "alternative assets", outside the typical mainstream stock, bond and real estate markets, are asking.Most investors who have been concerned about the massively inflated Bubble Markets...Read More
Clif High & Bix Weir Join a Round Table Discussion With Jsnip4 Discussing Cryptos & SILVER: Read More
This Ain't Gonna Be Pretty... from Jesse's Caf?(C) Am?(C)ricain:"The dove descending breaks the airWith flame of incandescent terrorOf which the tongues declareThe one discharge from sin and error.The only hope, or else despairLies in the choice of pyre or pyre-To be redeemed from fire by fire.Who then devised the torment? Love.Love is the unfamiliar NameBehind the hands that woveThe intolera...Read More
Is a new bull market in metals about to "Get Started?" Lets look at one indicator that is attempting to send a bullish signal, for the first time in 6-years.Below looks at the Gold Futures/US Dollar ratio, since 1999 on a weekly basis-CLICK ON CHART TO ENLARGEThe Gold/King Dollar ratio broke above resistance in 2001 and a strong breakout took place. For a decade, Gold was much stronger than the US...Read More
Jun 07, 2017 Guest(s): Gary Wagner The gold market saw additional selling pressure in late-afternoon trading Wednesday, following the early release of former FBI director James Comey's testimony scheduled for Thursday. However, to technical analyst Gary Wagner, this knee-jerk reaction is a necessary correction in gold's overall rally. We might go into period of consolidation but overall I am bu...Read More
Jun 07, 2017 Guest(s): Frank Holmes Despite a drop in late trading, gold prices managed to rally to seven-month highs Wednesday, trading near that key $1,300 level. The mining stocks, on the other hand, seem to be lagging a little behind. However, fund manager and U.S. global investors CEO Frank Holmes says he isn't concerned, calling some gold stocks great buys' at the moment. It is so easy fo...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
Weekly Reports |Jun 06 2017The uranium spot market is seeing opportunistic buying under US$20/lb but a lack of interest above.By Greg PeelThe fall in the uranium spot price to under US$20/lb drew opportunistic buyers out of the woodwork last week. A jump in volume followed, with five transactions concluded in the last throes of May and another five recorded in the first days of June, industry cons...Read More