Stefan Gleason, Money MetalsGold and silver prices remain mired in weeks-long trading ranges. They are essentially moving sideways - for now.Precious metals mining stocks, however, are moving up. The chart of the HUI gold miners index shows an uptrend in place since mid October.The HUI has traded above its 50-day moving average for several days in a row. The 50-day line itself is now also curlin...Read More
By: Ira EpsteinGold needs to hold $1,450 area and break $1,490 area to get bullish:Read More
Economic news will be the key for now. Hedge funds and others are increasing their allocation to stocks for the first quarter of next year. It remains to be seen if gold ETF and gold investment demand see significant outflows. At current prices, I am against new very short term investment in gold. Silver use any 100-150 fall (if any) to invest. TODAY: It is wait and watch trade for gold, crude o...Read More
Did you know that holdings in gold ETFs have been spiking?This chart kicks off video #7 with Mike Maloney of GoldSilver and Ronnie Stoeferle of the In Gold We Trust report... it shows the renewed interest in gold from investors around the world. You can see that the light blue area, which represents European ETFs, has expanded the most.To Ronnie the jump in ETF holdings means gold is on its way to...Read More
Risks that were overhanging the market are all coming to pass. Brexit gets reaffirmed. Trade deal with China. Getting rid of some tarrifs. The Fed came out and announced stready as she goes, no rate hikes or cuts down the pike. Or at least until so-called inflation passes two percent, which it never will because the real rate of inflation is way higher than the stated rate.John Rubino is the found...Read More
REPO Madness is beginning to make the 2008 financial crisis look like a walk in the park. The FED is backstopping the panic for liquidity in the overnight REPO market with more than $1 Trillion, the panic money printing is happening NOW. Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary...Read More
Jordan Roy-Byrne is quite optimistic about miner's stocks performance for the coming year. The GDXJ and other indicators are pointing positive even in the face of stagnant gold and silver prices. The silver miners are doing even better. And it appears that while prices could go lower, they're in a trading that could see major advances end of Q4 to middle of Q1. While past is not always prologue, t...Read More
Lee goes over the highlights of Project Censored's list of the top 25 censored stories from 2019.Read More
"...I'm being incredibly flippant but for a very good reason... there is no logic to [buying risk assets like equities] other than to chase the gilded lily... it's nuts!"Continue...Read More
Gold prices may have bottomed, and it's only a matter of time before the next leg-up in prices take effect, this according to Gary Wagner, editor of TheGoldForecast.com. "This is an extremely, extremely good year for the price of gold," Wagner told Kitco News. "That being said, I believe right now we have been forming a base, roughly around $1,450."Read More
David looks back at the last rally for gold and discusses how the $300 move became overbought from a technical perspective. That rally has only corrected by a third, which is a good sign of a bull market. He expects that there will be a lower low soon, and then we should be off to higher highs. Almost everything is overvalued today except earnings, which have been flat since 2014. The economy is u...Read More
These findings are from the ongoing 200,000 drill testing at its Ontario project. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) announced in a news release that at its Dixie project in Ontario's Red Lake it drilled a new zone and, in another, existing zone, intercepted its best assay yet.The new zone, dubbed Gap, comprises the 1 kilometer (1 km) long area between the Bear-Rimini and Yuma zon...Read More
Bob Moriarty of 321gold discusses recent copper price moves along with those of a new copper producer. A very short nine weeks ago I was giving good advice to my readers when I said:"I was writing about Nevada Copper Corp. (NCU:TSX; NEVDF:OTC) five months ago and the shares were $0.395. Today as the price of copper has gone down by ten percent and we move into tax loss silly season, the shares ar...Read More
The company states the aim is to better define the gold trend. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that an induced polarization (IP) geophysical survey has begun on its Pamlico project in Nevada.The survey, being conducted by Zonge International of Reno, will encompass parts of the Pamlico Ridge and beyond into the Pediment zone. To test the rock responsiveness...Read More
Sector expert Michael Ballanger asserts that statements by American financial and political leaders are little more than market manipulations. "Never trust anything a banker (broker) tells you." former billionaire (now millionaire)Here is a news flash: I am sick to death of The Fed, unelected demigods that rarely, if ever, had to meet payroll. I am also completely disgusted with this unholy "Div...Read More
Federal Reserve ChairmanJerome Powell’s comments on inflation last Wednesday added fuel to the contra-dollartrade.During a press conferencefollowing the Fed’s decision to leave interest rates unchanged, Powell said,“In order to move rates up, I would want to see inflation that's persistent andthat's significant. A significant move up in inflation that's alsopersistent..."To...Read More
Stewart Thomson, Graceland Updates 1. The amount of debt in both China and the United States is horrifying and it continues to grow. 2. Debt growth is worshipped by millions of people who think it is a cure rather than a disease. 3. Please click here now. Until the trade war began, the Chinese government was pressuring the country's private sector to reduce...Read More
Stefan Gleason, Money MetalsGold and silver prices remain mired in weeks-long trading ranges. They are essentially moving sideways - for now.Precious metals mining stocks, however, are moving up. The chart of the HUI gold miners index shows an uptrend in place since mid October.The HUI has traded above its 50-day moving average for several days in a row. The 50-day line itself is now also curlin...Read More
By: Ira EpsteinGold needs to hold $1,450 area and break $1,490 area to get bullish:Read More
Economic news will be the key for now. Hedge funds and others are increasing their allocation to stocks for the first quarter of next year. It remains to be seen if gold ETF and gold investment demand see significant outflows. At current prices, I am against new very short term investment in gold. Silver use any 100-150 fall (if any) to invest. TODAY: It is wait and watch trade for gold, crude o...Read More