"More than 500 people in my village have contracted pneumonia, 11 have died, and dozens more people from my village are in hospital. In the neighbouring village 14 died in one night, they didn't manage to bury them. Continue...Read More
In an interview with Kitco News, Lior Gantz, creator of the Wealth Research Group, said that he likes silver as a short-term trade, but he is focused on gold as a store of wealth in the face of growing global recession fears due to the COVID-19 pandemic.Gantz discusses gold's role during a recession, as well as the potential for the mining sector to add value to investors.Lior Gantz has been calle...Read More
Time Stamp References:1:00 - Silver ratio waking up big institutions.2:20 - Inflation, lower interest rates, and gold.3:50 - Outlook for silver and the silver-gold ratio.5:25 - Silver's demand profile.8:40 - Comparing historical markets.12:15 - Mining sector cyclicality and greed.15:00 - Why his focus is on the commodity sector.Collin welcomes returning guest Keith Neumeyer to the program to discu...Read More
Part 1 (part 2 below)Part 2Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying hi...Read More
The IIF estimates that China's total debt hit 317 per cent of gross domestic product (GDP) in the first quarter of 2020.Continue...Read More
Heavily indebted "zombie" companies happen to control nearly 2.2 million jobs at a time when the U.S. is in a deep employment crisis.Continue...Read More
The U.K. on Wednesday became the latest country to offer bonds at negative interest rates.Continue...Read More
"People should not assume the peak has passed or let down their guard." "It's totally possible that the epidemic will last for a long time."Continue...Read More
Gold is 15% higher in dollars, 18% higher in euros and 23% higher in sterling year to date as safe haven demand sees gold act as a hedge again.Continue...Read More
Gold prices have pushed to within striking distance of $1,800 an ounce, but the rally comes during the market's seasonally slow period and according to one market analyst, it could be an uphill battle for further gains.In an interview with Kitco News, Mickey Fulp, creator of the Mercenary Geologist Newsletter, said that traditionally, gold prices have a strong start to the year, prices are flat th...Read More
Gold Terra Resource noted that some of the holes showed the widest gold intersections ever drilled at the target. Gold Terra Resource Corp. (YGT:TSX.V; TRXXF:OTC; TXO:FSE) announced in a news release the results of the final six drill holes from Sam Otto at its Yellowknife City gold project in the Northwest Territories."Overall, the drilling campaign at Sam Otto was successful in expanding the fo...Read More
Seabridge Gold's goal is to determine if the Iskut property contains a copper-gold porphyry system. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it plans to start drilling in June at its Iskut project in British Columbia's Golden Triangle.With the program, the Toronto-based company will drill test up to 8,000 meters for a gold-copper porphyry like the one it discovered a...Read More
In my previousarticle, I’ve written about how important US dollar movements arefor future Silver prices. The chances of a significant Silver rally during US dollarstrength is very low; and it is very high during US dollar decline.The structure of the Silver bull marketsince 2001 has a lot in common with that of the 70s bull market. However, oneof the important differences pertains to US doll...Read More
Nervous investors have been pouring into the goldand silver markets over the past two months. Money Metals Exchange is proud to have helped almost 20,000 newcustomers with a precious metals purchase in recent weeks, many of whom cameover from other dealers struggling with inventory shortages and ridiculousdelivery delays.A new wave of investors is getting the message; the FederalReserve will never...Read More
Whenever one hears the words precious metals, goldand silver spring to mind. But this world is much richer, and preciousmetals don’t end with the yellow or white metal. The less well knowncousins, platinum and palladium, can and do send valuable signals too. Beforewe examine silver, let’s take a look at something interesting in palladium. The interesting detail is palladium’s wea...Read More
Just like the precious metals market, black gold ended the previous week with a sizable upswing. The rally continued in the early Monday trading, as crude oil moved decisively above its previous April highs. The breakout above the April highs is a sign of strength, but it’s not been confirmed so far. Crude oil did close the previous week above the highest daily close of April, but it was jus...Read More
By Dave KranzlerThe chart above speaks for itself. You could not find a more bullish chart set-up in the stock market. Note that the HUI/Dow ration bottomed out in late 2019 at the same level where it bottomed in late 2000. Most investors in this sector were not around for the beginning of the precious metals bull market in late 2000. But you can see the big move that started in 2008 - for which...Read More
By Keith Weiner Suppose you wanted to run an enterprise the right way (we know, we know, this is pretty far-out fiction, but bear with us). And, your enterprise has a $1 million dollar piece of equipment that wears out after 10 years. You must set aside $100,000 a year, so that you have $1 million at the end of 10 years when the equipment needs replacing. There's a word, now archaic, to describ...Read More
Craig Hemke, TF MetalsBack in March and April, a chasm opened between the dollar price of spot gold (XAU) and the front month COMEX futures contract. So-called experts reassured us that this was simply due to "logistics" and "gold being in the wrong place". Was this true, or might it have been just another set of apologies from the usual shills?We first wrote about this issue on April 7, and it...Read More
By: Ira EpsteinSilver has spent 5 days above its Bollinger band on the daily chart. I give it at 1% chance..Read More