Dear Friend of GATA and Gold:Our friend Stuart Englert, who is writing a book on gold price suppression, calls attention to a declassified 1970 Central Intelligence Agency memorandum asserting that the Special Drawing Rights of the International Monetary Fund were created in 1967 in large part to reduce the world's demand for gold and particularly to reduce exchange of U.S. dollars, the world re...Read More
Friday's subdued rally had more than a faint whiff of distribution about it. DaBoyz had shorts on the run in the early going, with the Dow up about 230 points in the first hour. But instead of reaming bears a new orifice as we might have expected, the erstwhile Masters of the Universe struggled merely to maintain altitude and eventually had to close the broad averages well off their intraday h...Read More
Look for signs of profit taking in all metals and energies as traders leave for Christmas and New Year vacations. China will lower trade tariff on a host of products ranging from pork to some type of semi-conductor. Gold and silver should fall as a result of Chinese move. Right now gold and silver are firm due to Trump and his impeachment. But they will be vulnerable to sharp correction any time...Read More
Simple ConceitRadical ActionsBallooning Balance SheetMerry Christmas and the Happiest New YearIgnoring problems rarely solves them. You need to deal with them not just the effects, but the underlying causes, or else they usually get worse. The older you get, the more you know that is true in almost every area of life.In the developed world and especially the US, and even in China, our economic c...Read More
Lynette Zang is back to share her latest news and updates on the latest developments within the global economy and geo-political landscape.With 2019 being an incredible year for Gold we gain fresh insights on what lies ahead in 2020, the stock market is also rallying more than ever but could this never-ending rally give way to long term damage in the future?TOPICS IN THIS INTERVIEW:01:45 The long...Read More
Reviewing how we got here (datapoints from 2017 and 2018 thru 2019)Another terrific chart deckJeff's outlook for 2020Read More
Thibaut Lepouttre of Caesars Report examines how this Canadian company intends to improve on the 440,000-ounce gold-equivalent resource at its flagship project. IntroductionThis, perhaps, won't be the most original remark or statement, but sometimes a project can benefit from a fresh pair of eyes that use a whole new approach to unlock value. New Nadina Explorations Ltd. had a massive run about...Read More
Crude oil futures moved higher onceagain during yesterday’s session, overcoming the upper border of the risinggreen trend channel for the third time in a row. While the futures finished theday above this resistance, the bulls didn’t manage tohold gained ground in full.Earlier today, the futures opened withthe red gap. This bearish development means invalidation of yesterday’sbrea...Read More
Mattress stuffers or bullion holders? Who fares better in a crisis? North American investors are divided between those who believe the decade-long stock market bull is going to keep running into the 2020s, and investors who, wary of something terrible happening, are hoarding cash and gold. The hopeful and the fearful The beacon hopeful investors are following is best symbolized by...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12December 23, 2019 "Gold is money. Everything else is credit." J.P. Morgan, American financier, banker, dominated corporate finance on Wall Street during the Gilded Age; 1837-1913 "Because gold is honest mo...Read More
VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to provide an update on construction, pre-commissioning and commissioning activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina.Jorge A. Ganoza, President, CEO and Director, commented, "Minor delays and unavailability of vendors due t...Read More
By: Gary SavageGold is churning, not doing a whole lot of damage, except to gold investors' mental state. We are now 3 1/2 months into the sideways churn. A market bouncing back and forth from overbought and oversold...http://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold has a bullish and negative bias -- what's next for gold this holiday week:Read More
Dear Friend of GATA and Gold:Our friend Stuart Englert, who is writing a book on gold price suppression, calls attention to a declassified 1970 Central Intelligence Agency memorandum asserting that the Special Drawing Rights of the International Monetary Fund were created in 1967 in large part to reduce the world's demand for gold and particularly to reduce exchange of U.S. dollars, the world re...Read More
Friday's subdued rally had more than a faint whiff of distribution about it. DaBoyz had shorts on the run in the early going, with the Dow up about 230 points in the first hour. But instead of reaming bears a new orifice as we might have expected, the erstwhile Masters of the Universe struggled merely to maintain altitude and eventually had to close the broad averages well off their intraday h...Read More
Look for signs of profit taking in all metals and energies as traders leave for Christmas and New Year vacations. China will lower trade tariff on a host of products ranging from pork to some type of semi-conductor. Gold and silver should fall as a result of Chinese move. Right now gold and silver are firm due to Trump and his impeachment. But they will be vulnerable to sharp correction any time...Read More
Simple ConceitRadical ActionsBallooning Balance SheetMerry Christmas and the Happiest New YearIgnoring problems rarely solves them. You need to deal with them not just the effects, but the underlying causes, or else they usually get worse. The older you get, the more you know that is true in almost every area of life.In the developed world and especially the US, and even in China, our economic c...Read More
RAPAPORT... It shouldn't be a novel idea, but in the jewelry industry,it's practically revolutionary. Unlike in almost every other fashion andaccessory retail sector, the idea of jewelers targeting female shoppers asdirect consumers only began to emerge fully in the past couple of years.But why has this strong and fast-growing segment beenoverlooked in the trade for so long? In this male-domi...Read More
RAPAPORT... Jewelers of America(JA) will expand its new marketing campaign following a successful test which reached more than 3 million unique consumers and garnered positive response."The industry came together and we were able to execute a campaign by the industry, for the industry," said JA CEO David Bonaparte. "The success of the test campaign gives us great promise for the future of a n...Read More
RAPAPORT... Pandora has elected Peter Ruzicka to succeed Peder Tuborghas chairman of the board, as part of its efforts to reinvigorate interest inits brand.Ruzicka's appointment follows the recruitment earlier this year of Alexander Lacik as CEO, along with other executive changes, as the company seeks to cut costs and improve its profit via its Programme Now strategy. Pandora announced in Ma...Read More