Ascot Resources Ltd. (TSX: AOT, OTCQX:AOTVF), a Vancouver based, junior exploration company, is focused on re-starting the past-producing, historic, Premier gold mine, once North America's largest gold mine, located in British Columbia's Golden Triangle. We learned from Derek White, President and CEO of Ascot, that after the acquisition of the Red Mountain and the Silver Coin projects, the Company...Read More
- Craig Hemke, TF MetalsWith the expected price pullback underway, what can we expect for the remainder of the month and into year-end? Will the price action continue to resemble 2010, or will it play out more like 2016 instead?As we've discussed each of the past two weeks, the current selloff/pullback in COMEX gold and silver is as unsurprising as it was unavoidable. The COMEX market-making Ban...Read More
Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessNovember 2019"I'm no insect. Gold is a great way to make a lot of money." - Thomas Kaplan, Electrum GroupMichael J. Kosares, USA Gold2020 visionFive charts to contemplate as we prepare for the new year1. Gold's annual returns 2000 to presentIn the February edition of this newsletter,...Read More
- Gary TanashianGlobal central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor and fruitfulness (it is these contradictions that are the windows into a ginned up, leveraged economy dependent on monetary policy) while the S&P 500 breaks through the bull turnstile to blue sky.A real economy and...Read More
Dear Friend of GATA and Gold:A U.S. representative who, without much result, has been pressing the Treasury Department, Federal Reserve, and Commodity Futures Trading Commission (CFTC) with questions about the gold and silver markets has asked Attorney General William P. Barr to try to get answers from the commission.In a letter dated November 1 and made public today, the U.S. representative, Al...Read More
- Stewart Thomson, Graceland Updates 1. It doesn't take much downside price action to make gold investors nervous, or much upside price action to make greed appear.2. It's probably true that no fever is like gold fever!3. To reduce these swings in emotion, my suggestion is for investors to do most of their buying and selling at major support and resistance zones....Read More
- Gary Christenson, The Deviant InvestorPresident Roosevelt made owning gold for American citizens, with minor exceptions, illegal in 1933. See Executive Order # 6102. Begin the DOW to gold ratio analysis in 1933.Many people have discussed the Dow to gold ratio. It fell from over 40 in the year 2000 when the DOW (11,750) was expensive, and gold sold for less than $300. In those days paper asse...Read More
Subscribers who used Hidden Pivot targets from Rick's Picks to trade against gold's steep fall have done well bottom-fishing this week. Here's how they did it -- and judge for yourself whether you could have done these trades yourself. www.RickAckerman.comRead More
By: Ira EpsteinGold should test the 18- week moving average.. but from what level? Lower highs with lower lows, gold's 18-day moving average converging with 100-DMA around $1484/89Read More
Grant's Interest Rate Observer Founder and Editor James Grant and CNBC's Rick Santelli discuss the Fed's repo operations.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appeara...Read More
Martin Armstrong is back explaining what's really happening in the Repo market. It's all about Europe. It's a function of the Euro's failure and the march into the safe-haven US Dollar. The Repo crisis is about Deutch Bank going down and the European politicians refuse to bail it out, what happens next? No one wants to merge with it, it's the red-headed step child of international banking. The US...Read More
"The amount of money being fed into the system is soon going to be too hard to hide."Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another...Read More
John Rubino, DollarCollapse.com, talks about the target-rich environment for survival in the tumultuous world that lies ahead.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodo...Read More
Last night we heard some knucklehead on the War Channel (CNN) braying about Ukraine as a vitally important "ally and strategic partner". The implication, of course, was thatContinue...Read More
The life and work of co-founder of the controversial White Helmets rescue group in Syria has come under scrutiny since his recent death in Istanbul, in fact, James Le Mesurier's Wikipedia profile has undergone something of a rewrite, omitting anything detrimental.Read More
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 (free ebook). Gregory currently hosts a b...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Update on monetary policy: Monetization by any other time is ok, but call it what it is and you're a crackpot conspiracy theorist!Market outlook for non-monetization: Gold bull run could pause a little longer, but stocks already heading higherWhat if the 'risk off event everyone's been waiting for' already happened in the form of the Repo crisis?Read More
The National Association of Manufacturers (NAM) was hacked over the summer according to sources who spoke to Reuters. The unnamed sources concluded the attack came from ChinaContinue...Read More
"We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook of moderateContinue...Read More