The only thing nearly as enlightening as reading David Collum's epic Year In Review is listening to him and Chris Martenson riff about its highlights.Strap in, grab some eggnog, and listen to this year's recap:We are so close to a financial crisis now that we may be way, way past the fail-safe.We've got all these unfunded liabilities that we have to pay or face the consequences of - and they are f...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
"CBC TV in Canada has cut Donald Trump's Home Alone 2 cameo out of their broadcast," tweeted Ryan Fournier. "They're so triggered by him that they had to edit him out of the film. Absolutely pathetic."Continue...Read More
Macron of France is pushing hard to Federalize Europe because he knows full well that France cannot maintain the level of social benefits and still keep its spending in line with the European treaty.Continue...Read More
You've got to hand it to these people- Congress really knows how to bring out the holiday cheer. They have some sort of pathological need to pass the most absurd legislation at Continue...Read More
The S&P 500 has risen more than 50% since Trump was elected, which is over double the 23% average market return of presidents three years into their term.Continue...Read More
Continue...Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast 'The Bubba Show.' He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.Read More
Continue...Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast 'The Bubba Show.' He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.Read More
Highlights of that document and the mine ramp-up are presented in a BMO Capital Markets report. In a Dec. 18 research note, analyst Andrew Mikitchook reported that BMO Capital Markets increased its target price on Victoria Gold Corp. (VIT:TSX.V) to CA$14 per share from CA$12 "to reflect the updated feasibility and ramp-up progress at Eagle," a gold project that is "flying toward commercial produc...Read More
The assays are presented and reviewed in an Echelon Wealth Partners report. In a Dec. 18 research note, Echelon Wealth Partners analyst Ryan Walker reported that Lion One Metals Ltd.'s (LIO:TSX.V; LOMLF:OTCQX) first deep hole at its Tuvatu project in Fiji delivered multiple high-grade intervals. That maiden hole, TUDDH493, "cut hydrothermal breccia 70 meters (70m) below existing resources," Walke...Read More
Dave KranzlerPrecious metals investors may be getting an unexpected Christmas present this year, beginning with the sudden $25 jump in gold on Tuesday and Wednesday. From what I'm hearing, a shortage of physically deliverable gold is developing in London. In fact, Alasdair Macleod and Egon von Greyerz have both alluded to this development.The action this past week fits the information. Given the...Read More
Stewart Thomson, Graceland Updates 1. Massive upside breakouts are taking place across the precious metals sector. Many mining stocks, especially silver-oriented, are skyrocketing.2. Unfortunately, I believe most investors who are Trump fans have become over-obsessed with the relatively minor but media-promoted gains in the US stock market, and they are missing out.3. Please...Read More
Dear Friend of GATA and Gold:For most of this decade owning gold and gold-related investments has required the patience of Job, and the sector is so obscure that it is hard to be sure of anything. But for months now the unusual developments have been piling up so much that it may be possible to regain some optimism.There are indications of a shortage of metal not just at the New York Commodities...Read More
There is short covering in Asia and more short covering will be there in Europe and USA once traders get over Christmas hang over. If you short in gold and silver and are drunk after the celebration, I am you will be back to normal within a few seconds after seeing price. China is taking measures to spruce its economy. China is taking measures for a trade deal to happen with USA. Europeans are b...Read More
We're witnessing serious banker short covering in silver, and we are also just saw a humongous increase in silver's open interest. Here's an update...by Harvey Organ of Harvey Organ BlogDEC 24//THE ASSAULT ON 1500 DOLLAR GOLD AND 18 DOLLAR SILVER BEGINS: GOLD UP $14.60 TO $1499.75//SILVER UP 32 CENTS TO $17.75//GOLD:$1499.75 UP $14.60 (COMEX TO COMEX CLOSINGSilver:$17.75 UP 32 CENTS (COMEX...Read More
Good momentum as Mastercard reports holiday jewelry sales +1.8%, driven by +8.8% growth in e-commerce. General retail +3.4%. Mall traffic down but more people buying. Stores focused on creating unique customer experience. Tiffany & Co. holiday revenue up 1% to 3%, with strength in China and improvement in Europe and America. Polished trading slow as dealers close for Christmas-New Year. Diaman...Read More
Polished business slow. Fewer foreign buyers in the market. Some Chinese demand ahead of Lunar Festival. Local jewelers focused on gold products during wedding season. Rough sector seasonally quiet. Manufacturers cautiously raising polished production in anticipation of better orders in 1Q. RoundRead More
RAPAPORT... Jewelry sales in the US rose 1.8% during the holiday period, amid strong growth in e-commerce purchasing. Online sales of jewelry rose 9% during the two-month period, according to data from Mastercard SpendingPulse, which tracked purchases made from November 1 through Christmas Eve. Retail sales for all divisions - excluding automobiles - rose 3.4% year on year. Total online buyin...Read More
RAPAPORT... Tiffany & Co. noted a "momentum shift" in the Americas during the holidays, as growth in the region contributed to an overall increase in sales for the season.Company-wide revenue climbed by 1% to 3% year on year for the period from November 1 to December 24, the retailer reported Thursday. Sales in the Americas rose 2% to 4%, representing a turnaround from the decline Tiffany repo...Read More
RAPAPORT... HRD Antwerp has hired Ellen Joncheere as its CEO in the middle of a process to sell the company.Joncheere currently holds the same position at Fremach International, a supplier of car parts to the automotive industry. She will join HRD on January 20, succeeding interim CEO Michel Janssens, who will retire in mid-2020, a spokesperson for the Antwerp World Diamond Centre (AWDC) said...Read More