Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 15, 2019 For silver, all roads probably lead to the $22-$25 area.For gold, all roads likely lead to $1600-$1800.There could be significant bumps in these roads, probably involving time more than price. Please click here now. Double-click to enlarge this silver chart. Silver looks stron...Read More
China had appeared less enthused than the US about progress towards a phase one trade deal, time for Brexit negotiations is running out before an EU summit on Thursday and attention turns towards earnings season."With the abovementioned backdrop of scepticism setting in on US-China trade, Asia markets may find more lacklustre movements going into Tuesday," IG market analyst Jingyi Pan said this mo...Read More
Mincor Resources' David Southam told the Paydirt Australian Nickel Conference planned development of the Cassini underground mine next year could "showcase" the use of electric light vehicles and possibly other EVs if its exploration continued to expand resources and project life.Mincor wants to make Cassini the centrepiece of a three-part plan to mine up to 600,000 tonnes a year of ore to supply...Read More
The company also said initial production would be delayed from the previous guidance of late 2020.Read More
A few weeks ago, the good folks over at Inside Automotive published a piece entitled: Inside $TSLAQ: An organized group of Tesla short sellers tearing up the automaker on TwitterIt's brilliant, so I decided to post it here.Enjoy ...What is $TSLAQ and when did it originate? $TSLAQ has been referred to by media outlets as an organized group of Tesla "short sellers." To best explain $TSLAQ, for thos...Read More
The first house I ever bought was a 100-year-old row house for $75,000 in 1998. It sat halfway down a gray block with one tree in a Baltimore neighborhood on the edge of Federal Hill, which was quickly gentrifying.Shortly after I moved in, it became clear that the clean-cut 18-year-old kid next door was a drug dealer. Loud music shook the windows. People came and went at all hours. There were figh...Read More
"Travel," Mahatma Gandhi once said, "is the language of peace."If that's the case and I happen to believe that it is then I'm extremely bullish about the future, especially with respect to U.S.-China relations. The trade war's days may be numbered as both sides of the skirmish reached a partial agreement last Friday, laying the groundwork for Presidents Donald Trump and Xi Jinping to sign a tr...Read More
Clint Siegner, Money MetalsJerome Powell has something in common with Bagdad Bob, Saddam Hussein's infamous press secretary. They're both liars, suggests Money Metals podcast guest Craig Hemke of the TF Metals Report.Telling obvious lies with a straight face is part of Powell's job description. He hopes to maintain order even though anyone who is paying attention knows something extraordinary i...Read More
At present, there could be a number of positive developments for precious metals.Last Friday, the US Dollar cracked lower and could be at risk of lower levels into year end.Days earlier the Federal Reserve announced new "QE-like" measures just as they told us it was not really QE. In addition, the market is showing a nearly 68% chance of a rate cut later this month. Isn't all this bullish for...Read More
Stewart Thomson 1. For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please click here now. Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold is also looking very solid, from b...Read More
By: Ira EpsteinGold swing lines: lower highs and lower lows. Bollinger support $1478, near swingline..Read More
Following a series of repurchase operations that were supposed to be temporary, last week Federal Reserve Chairman Jerome Powell apparently felt that the liquidity issue had not yet been solved. As he said "Indeed, my colleagues and I will soon announce measures to add to the supply of reserves over time." And sure enough, later in the week the Fed announced that it was going to start purchasing s...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Alasdair Macleod of Goldmoney.com. In this segment, they discuss the rise of China, its large purchases of gold, and Alasdair's belief that China may one day announce that it has over 10,000 tons of gold. Should Beijing do this, the dollar is toast, he says.Alasdair Macleod is head of research for GoldMoney. He also runs Fina...Read More
U.S. Attorney General William Barr, along with co-conspirators in the UK and Australia, recently wrote a letter to Mark Zuckerberg requesting he not move forward with Continue...Read More
One of the key points that I have been harping on over the last year is simple: The recent tax cuts were destined to go into financial engineering to leverage earnings per shareContinue...Read More
Topics:Why the narrative just failed and what it meansTranslating narrative failure to portfolio positioning: Who wins and who loses?Reconciling Luke's narrative failure thesis with the treasury bid evidenced by low yieldsRead More
"If America does not speak out for human rights in China because of commercial interest, then we lose all moral authority to speak out for human rights anyplace in the world."Continue...Read More
German Chancellor Angela Merkel ignored an EU risk assessment and allows Huawei's 5G technology.Continue...Read More
Continue...Bill Gross is the Portfolio Manager of the Janus Henderson Global Unconstrained Bond and Total Return strategies and a member of the global macro fixed income leadership team. Mr. Gross co-founded PIMCO in 1971 and served as managing director and Chief Investment Officer until joining Janus in 2014. He is the author of numerous articles on the bond market, as well as the book Everything...Read More
A small-cap company in Montana is exploring to find out if its property contains "Platreef-style" PGE mineralization. There is a 30-mile long geologic slice of layered magmatic intrusion cutting through the Beartooth Mountain range in south-central Montana that closely resembles one of the world's most productive mining regions in South Africa. The Stillwater Igneous Complex encases tens of milli...Read More