Bob Moriarty ArchivesSep 23, 2019Since the “attack” on the Saudi oil facilities some important details have been filled in, much like a paint-by-number oil. Certainly we have sufficient information to make reasonable guesses as to what really took place just over a week ago on the 14th of September.We are told an attack by drones/cruise missiles took out half of Saudi Arabia’s oi...Read More

US and Chinese negotiators held "productive" talks late last week, Bloomberg reported, with China's planned US farm visit cancelled at the US's request for separate reasons, according to people familiar with the matter.Spot gold was above US$1,516 an ounce on the spot market earlier and silver is about $18.25/oz, as geopolitical tensions simmer following the recent attack on Saudi oil facilities.M...Read More

The nickel grade at what Giga already describes as one of the "largest undeveloped nickel-cobalt sulphide deposits in the world" has increased 3.5% and contained nickel grew 28.3%.The measured and indicated resource now comprises 1.07Bt at 0.22% nickel for 5.2 billion pounds and 0.013% cobalt for 312.4 million pounds, while inferred stands about 5.5Blb nickel and 327Mlb cobalt.Giga has cited a lon...Read More

Oil prices opened this week cooling off as the market digests reports that Saudi Arabia has already restored production to over 75% of capacity and will return to full output as early as next week following the drone attack on the nation's facilities on September 14.The strike on the Abqaiq and Khurais facilitates (some of the largest in the world) started massive fires and reportedly caused major...Read More

Marathon Gold Corporation (TSX: MOZ) is a Toronto based gold Company, rapidly advancing its 100%-owned Valentine Gold Project, located in central Newfoundland, one of the top mining jurisdictions in the world. To date, four gold deposits at Valentine have been delineated, including the large Leprechaun and Marathon deposits. We learned from Dr. Matt Manson, President and CEO of Marathon Gold, that...Read More

Troy Resources Limited (ASX: TRY) is a junior gold producer, operating the Karouni project in Guyana. We learned from Mr. Ken Nilsson, CEO and Managing Director of Troy, that they have been in existence since 1987, and are one of the longest survivors in their class of small to mid-cap producers. We learned from Mr. Nilsson that Troy has a number of exploration-stage prospects in Guyana including...Read More

Daniel R. Amerman, CFAOne of the most common reasons to buy gold is to use it as a stable store of value. This analysis uses 50 years of history to test that common belief, and finds it woefully lacking - for it misses the best parts of investing in gold.The graph above will be developed, and we will show that gold is instead a more sophisticated (and desirable) investment than most people reali...Read More

Dave KranzlerIt would be difficult to find a chart with a more bullish set-up than that of GDX unless it was a chart of the imminent move higher in the U.S. dollar money supply:The Fed was unable to move the Fed funds rate within 50% of the its long term average "normalized" level. It was also unable to unwind little more than 20% of the money it printed under Bernanke and Yellen, despite Bern...Read More

U.S. Overnight Repo Rate Source: www.tradingeconomics.com , www.stlouisfed.orgAs expected, the Fed cut the key banking rate another quarter point this past week to 1.75%-2.00%. It is the second cut this year. Expectations by many are for one more, but there are many who expect the Fed to be done for the year. The Fed as usual was ambiguous. If there is one more, we would not expect it to happe...Read More

Peter DegraafLong term trends take a long time to reverse. One such trend compares gold mining stocks to the S&P 500 stocks. From 2002 until 2011 gold mining stocks outperformed generic stocks, as can be seen in the following chart. (Charts courtesy Stockcharts.com)The trend unmistakably featured mining stocks ($HUI) over the S&P 500 stocks. From 2011 until recently, the trend...Read More

Sept. 20th, 2019(S14-E714)Featured GuestsMichael Pento& Bob HoyePlease Listen HereInterview Recap.Bob Hoye, Editor & Chief Investment Strategist of Bob Hoye.com rejoins the show with insights on US Fed.Bob Hoye draws parallels between the declining yield curve today and that of the Great Depression.The global economy could enter an intractable downturn, beginning with a financial market declin...Read More

By: Avi GilburtThe pundits and the media were debating for several weeks leading up to the last Fed meeting about what the Fed was going to do and the effect they thought it would have on the market. And, it amazes that the great majority of the market does not realize how much of a waste of time these debates really are. But, as I often note, many market participants and analysts are simply...Read More

- Keith WeinerSomething happened in the credit market this week. A Barron's article about it began:"There have been disruptions in the plumbing of U.S. markets this week. While the process of fixing them was bumpy, it was more of a technical mishap than a cause for investor concern."Keep Calm and Carry OnSo, before they tell us what happened, they tell us it's just plumbing, it's been fixed,...Read More

Dear Friend of GATA and Gold:Why did the London Bullion Market Association drop JPMorganChase commodity trading desk chief Michael Nowak from its board of directors this week?Probably not because Nowak was indicted by the U.S Justice Department, accused of racketeering with other Morgan traders in part of the longstanding manipulation of the monetary metals markets. For the indictment was anno...Read More

StrengthsThe best performing metal this week was silver, up 3.16 percent, as gold rebounded this week. As gold was set for a small weekly gain for the first week in four, traders were mostly bullish or neutral on bullion's trajectory in the weekly Bloomberg survey. Palladium, however, rallied as much as 1.8 percent to a record $1,648.65 an ounce for its best run since 2012 with seven weeks of...Read More

RambusTonight I would like to start out by looking at the old ratio combo chart that has the GOLD:XAU ratio chart on top with the XAU on the bottom. I'm not going to go over all the details the ratio combo chart has, only to emphasize the 20 year 6 point parabolic arc which shows how gold had been outperforming the XAU until the small double top at 24.33 in late 2015. When the parabolic arc was...Read More

By: Ira EpsteinGold turning over? Market is confused from Friday's Chinese news..Read More

False AssumptionsNecessary DebateKeynesian Sense?The Bond Master ClassHouston and Home Again"Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back."?ۥJohn Maynard KeynesI begi...Read More

The low, transparent prices will let patients without insurance pay out-of-pocket for basic care and know exactly what each service costs.Continue...Read More

President Trump deserves credit for resisting the war cries from neocons like Sen. Lindsey Graham and Secretary of State Mike Pompeo after last week's attack on two Saudi oil facilities. Pompeo was eager to blame Iran because he wants war with Iran and anything that can trigger such a war is fine with him. So he put the president in a difficult spot by declaring Iran the culprit: suddenly the pres...Read More