But Bitcoin could be so much more than digital gold.Read full newsRead More
(Adds text, updates prices)By PatturajaMurugaboopathy Feb 19 (Reuters) - Most Asian currencies consolidated on Monday as low liquidity and an absence of currency market catalysts limited gains, butstrong regional equity markets propped them up.South Korea's KOSPI index rose 0.9 percent, while Singapore's Straits Times index and Malaysia's Bursa Malaysia KLCI index rose about 1 percent each.The Sou...Read More
JOHANNESBURG, Feb 19 (Reuters) - South Africa's rand steadied against the dollar in early trade on Monday, holding near a three-year high touched on Friday after President Cyril Ramaphosa said tough decisions would be made to repair the economy after years of stagnation.At 0645 GMT, the rand traded at 11.6600 per dollar, not far off its close of 11.6375 on Friday.The currency raced to a three-year...Read More
JOHANNESBURG, Feb 19 (Reuters) - Anglo American Platinum (Amplats) , the world's top platinum producer, declared its first dividend in seven years on Monday as full-year headline earnings more than doubled and said it was not committing capital to major projects in 2018.The company's tight-fisted investment stance highlights the fragile state of platinum mining in South Africa, home to around two-...Read More
But Bitcoin could be so much more than digital gold.Read full newsRead More
Drill results are important indicators not only for mining and exploration companies, but nearly all stakeholders involved, including existing shareholders and potential investors.Read full newsRead More
Featured GuestsPeter Grandich & Arch CrawfordShow HighlightsOn the heels of news that nearly 1000 trapped gold miners were rescued from an underground labyrinth, Peter Grandich of Peter Grandich and Company and Pete Speaks returns.Our guest notes he is a "Real gold bull... haven't been this bullish on gold in 34 years." Expect a new record gold price to unfold in less than two years. His service...Read More
By Larry LaBorde I will admit that I am getting old. I was born when Eisenhower was president. My idea of a tablet while growing up in the early 1960's was an etch-a-sketch. The first time Apple customer support told me to reboot my ipad I turned it upside down and shook it real hard. Yesterday my Amazon hockey puck mistakenly starting playing a song at full volume while I was skyping wi...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Gold continues to prepare to break out of its giant Head-and-Shoulders bottom pattern. As we can see on its 8-year chart below, this base pattern has been developing for getting on for 5-years now, so it has major implications. Upside volume has been building for a long time, driving volume indicators higher, a sign that a breakout and new bullmarket is simply a matter of time, and not much at t...Read More
By John MauldinInvisible DerivativesGiant MysteryZero ConfidenceSonoma and the SIC in San DiegoFederal Reserve officials like to say their policy course is "data-dependent." That sounds very cautious and intelligent, but what does it actually mean? Which data and who's interpreting it? Let's ask a few questions.Photo: Federal Reserve Board of GovernorsFirst, how could their policy choices not be...Read More
Gold spiked in January, and looked to be headed even higher. But there were some problems. First, futures speculators - as tracked by the Commitment of Traders (COT) report - had gone overwhelmingly long, and since they tend to be wrong at emotional extremes, this was a red flag. Second, gold was approaching the $1360 level that had, since 2014, been the place where upward momentum went to die....Read More
By Gary TanashianDespite a tough week for stocks into Friday, February 9, three big picture macro indicators have continued to support a risk 'on' backdrop. Many of the shorter-term indicators we watch, like Junk bond ratios and the Palladium/Gold ratio say the same thing. Junk/Treasury and Junk/Investment Grade are threatening new highs and as we have noted in NFTRH updates all through the rece...Read More
By Gary SavageStocks have only recently broken above a 20 year long consolidation period. Price may now enter a parabolic phase or be beginning another long term bull market. In either case, this video explains why stocks are not presently in a bubble.https://blog.smartmoneytrackerpremium.com/ Read More
Featured GuestsPeter Grandich & Arch CrawfordShow HighlightsOn the heels of news that nearly 1000 trapped gold miners were rescued from an underground labyrinth, Peter Grandich of Peter Grandich and Company and Pete Speaks returns.Our guest notes he is a "Real gold bull... haven't been this bullish on gold in 34 years." Expect a new record gold price to unfold in less than two years. His service...Read More
By Larry LaBorde I will admit that I am getting old. I was born when Eisenhower was president. My idea of a tablet while growing up in the early 1960's was an etch-a-sketch. The first time Apple customer support told me to reboot my ipad I turned it upside down and shook it real hard. Yesterday my Amazon hockey puck mistakenly starting playing a song at full volume while I was skyping wi...Read More
Prices in the global steel billet market were mostly trending upward last week amid enlivened demand at some destinations as well as increased scrap prices, Metal Bulletin has learnt.There were some markets in which prices remained unchanged week-on-week, but these were largely in Asia, where market participants have now broken off for the week-long lunar new year holiday, ending on February 21.Tu...Read More
Gold continues to prepare to break out of its giant Head-and-Shoulders bottom pattern. As we can see on its 8-year chart below, this base pattern has been developing for getting on for 5-years now, so it has major implications. Upside volume has been building for a long time, driving volume indicators higher, a sign that a breakout and new bullmarket is simply a matter of time, and not much at t...Read More
By John MauldinInvisible DerivativesGiant MysteryZero ConfidenceSonoma and the SIC in San DiegoFederal Reserve officials like to say their policy course is "data-dependent." That sounds very cautious and intelligent, but what does it actually mean? Which data and who's interpreting it? Let's ask a few questions.Photo: Federal Reserve Board of GovernorsFirst, how could their policy choices not be...Read More
Gold spiked in January, and looked to be headed even higher. But there were some problems. First, futures speculators - as tracked by the Commitment of Traders (COT) report - had gone overwhelmingly long, and since they tend to be wrong at emotional extremes, this was a red flag. Second, gold was approaching the $1360 level that had, since 2014, been the place where upward momentum went to die....Read More