A MESSAGE FROM THE PUBLISHERThe gold/silver ratio peaked this week at 128.79, its highest level in the ratio's 4,000-year history.Today, we examine what that means for precious metal investors.But first, let me briefly describe what we're talking about for those who don't know.Gold/Silver Ratio since 1970What Is the Gold/Silver Ratio?The gold/silver ratio (sometimes "gold-to-silver ratio") is pret...Read More
Share this articleVancouver-based Lithium Americas Corp. says it has suspended construction activities at its US$565-million lithium project in Argentina in accordance with government-mandated restrictions in response to the COVID-19 pandemic.CEO Jon Evans says the company is in the process of "demobilizing" its construction workforce of more than 1,000 people.He says the 40,000-tonne-per-annum...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 317,40535,48950,438154,761456,470522,604542,397 Change from Prior Reporting Period -18,885-1,270-3,626-28,187-54,782-50,698-59,678 Traders 18073785254268172 Small Speculators LongShortOpen Interest 51,32131,528573,925 -8,847133-59,545 non reportable posit...Read More
The mid-tier gold miners' stocks have been annihilated with COVID-19 fears infecting traders' sentiment. They crashed with gold getting hammered on extreme gold-futures selling! With blood in the streets, the buy-low opportunities are phenomenal. The fundamentally-superior mid-tier gold miners have epic upside potential during gold's next upleg. This key sector just reported outstandin...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalThe "60/40 risk parity" hedge fund strategy has been decimated in the market sell-off. The strategy was supposed to generate consistent returns while minimizing risk. So why not apply hedge fund leverage to the trade and enjoy multiples of "consistent returns" and "minimized risk?" The risk parity funds were among the most...Read More
There will be position squaring and rebuilding for next week. Copper, crude oil, nickel and other industrial metals can rise as result. If silver falls below $9.50 or trades below $9.50, then it will imply that the corona virus has made Asia (except China) as its home ground. Economic data releases are useless at this point of time. Bank of England has cut its key interest rates to 0.10% in a se...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Jim Bianco to the show to talk about the impact of COVID-19 on the economy and markets, the systemic risks to markets and impact on dealers & more. Then Kevin Muir joins in the postgame to talk about the imploding risk parityUpdate on the COVID-19The impact of the virus on the economy and marketsSystemic risks to markets and impact on dealersHa...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
"We are nationalizing entire industries!"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...Read More
"When I talk about the most drastic action we can take, this is the most drastic action we can take," Cuomo said at a press conference in Friday.Continue...Read More
Despite a long history of bankruptcies and financial difficulties, the airline companies have not saved up any cash for a rainy day. The federal government has continuously bailed them out and allowed this type of risk-taking behavior to continue.Continue...Read More
The central banks have been fighting a losing battle against the normal forces of how capital moves during a crisis. During a crisis as this, interest rates rise with the perception of a rise in credit risk. Continue...Read More
We will always need a banking system; we just don't need a banking system riddled with fraud and failure.Sigh! We missed a great chance to make the world a better place. Perhaps we can do better this time around.Continue...Read More
"When this outbreak starts affecting our poor communities where families do not have enough rooms or spaces to quarantine those affected, we will experience a crisis."Continue...Read More
"At Donald Trump's direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties."Continue...Read More
Bob Moriarty of 321gold discusses misunderstandings over the role of banks versus speculators in commodity trading. I lived in California when I was in the 7th grade. The state led the rest of the US in education. That was before it turned into a socialist paradise. I took an algebra course in the 7th grade; California would let you take any course the teacher would allow you in. I pretty much ac...Read More
Rick Rule of Sprott USA and Maurice Jackson of Proven and Probable explore the effects of coronavirus on the precious metals markets and the best ways to invest in a recession. Maurice Jackson: Today, we will find out if there is a crisis response for your investment portfolio. Joining us for a conversation is legendary investor Rick Rule of Sprott USA. Rick Rule: Maurice, thank you so much for h...Read More
Makingan investment is a great move. However, deciding on the kind of investment tomake is not the easiest thing to do. There is the worry if the investment isthe right one, or it will at all, bring on good returns. Investing in gold is asmart investment decision. The asset has been around for a while and beenconsidered a very valuable form of wealth. Today, it is still one of the mostvaluable ass...Read More
In yesterday’sfree analysis, we explained why a short-term corrective upswing inthe S&P 500 was likely just around the corner. In today’s article, we’lldiscuss how it’s likely to impact our silverprice forecast. We’ll also make comment on the current opportunityin silver compared to the opportunity in the mining stocks. Let’s start with a few questions that...Read More