Harry Dent is seeing early warning signs of a liquidity crisis...just like in 2008. Watch now to find out what the Fed is actually liable to do regarding rate cuts at Trump's insistence. Harry also reminds us why this year's conference could be the most important Irrational Economic Summit yet! Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the...Read More
"While the unemployment rate is low by historical standards, there is little evidence that low unemployment poses a significant inflation risk in the current environment."Continue...Read More
The NY Fed said it would purchase up to $75 billion of debt between 8:15 a.m. and 8:30 a.m. Securities eligible to be sold to the Fed include Treasuries, government-sponsored Continue...Read More
Our good friend Nick Santiago is still very bullish on the yellow metal and the shiny metal too. He sees a period of consolidation followed by more gains, likely before year's end. He's also seeing an end to Fed easing, no more rate cuts, for better or worse. Interest rates have bottomed and should see some increases ahead. Oil is right around where it should be and will probably stay close to its...Read More
In this interview with Craig Taylor, CEO of Defense Metals Corp., Peter Epstein of Epstein Research delves into the complexities and potential of rare earth metals markets, and discusses the company's REE projects. Rare earth elements (REEs) have been in the geopolitical spotlight for much of the year. Many, myself included, are surprised that the combination of severe trade tensions between the...Read More
The amount of global debt with negative yields soared to $16 trillion, or more than 25 percent of the market. This number has nearly tripled since October 2018. In July, even the 30-year German government bonds went negative for the first time ever, while Nordea Bank, a leading Danish bank, said it will begin offering 20-year fixed-rate mortgages with zero interest, as well as 30-year mortgages at...Read More
Just as we predicted, precious metals aresetting up another extended momentum base/bottom that appears to be aligningwith our prediction of an early October 2019 new upside price leg.Recent news of the US Fed decreasing the FedFunds Rate by 25bp as well as strength in the US stock market and US Dollar aseased fears and concerns across the global markets. These concerns and fears are still ve...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 341,51158,91265,382163,008481,407569,901605,701 Change from Prior Reporting Period 7,397-5,4774,3456,94719,73518,68918,603 Traders 21167785256291177 Small Speculators LongShortOpen Interest 61,08925,289630,990 -2,452-2,36616,237 non report...Read More
The Federal Reserve's endless machinations really affect the gold price, sometimes confounding traders with seeming illogicalness. This week the Fed cut rates again, which has really boosted gold in the past. Yet it plunged 1.7% in less than an hour after this latest decision! While gold's Fed reactions often look capricious, there's a method to this madness. Traders need to understand...Read More
Michael Pento Ph.D. & Chris Waltzek Ph.D. - September 19th, 2019. * .Mp3 format.HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com. The duo concur that the US PODUS is attempting improve the position of the domestic economy. The EU and related economies may be on the cusp of a new Great Recession. The EU enacted QE operations via 20 bil...Read More
Meanwhile, Socialist Elizabeth Warren Surges Past BidenBy Mike Gleason, Money Metals Exchange It's been a big week of geopolitical strife and potential crisis points for financial markets. The week began with one of the biggest single day oil spikes on record, then saw the Federal Reserve lose control of its own interest rate in the repo market before announcing another rate cut. Yet these an...Read More
Stewart Thomson, Graceland Updates 1. Please click here now. The Fed just cut interest rates again. It also cut the rate it pays banks on their excess reserves. 2. What does this mean for gold? Well, the 30basis point cut on excess reserves is bigger than the 25basis point cut on the fed funds rate. That could incentivize banks to loan money to the private sector rather...Read More
By: Ira EpsteinGold in a correction but on a weekly basis remains in an up-thrust, but I am concerned gold is challenging short-term lows..Read More
SD Friday Wrap: Silver's outlook just turned wildly bullish, and for a reason that most people missed...Editor's Note: The charts in this article were set-up around 11:30 a.m. EST on Friday and do not include price action after that time unless specified.*****This has certainly been one wild week even if it's not reflected in metals' price action.Check out silver wanting to finish out the week rig...Read More
Where will the rally take the gold price in the early October break-out? Here's where...by Chris Vermeulen of The Technical TradersJust as we predicted, precious metals are setting up another extended momentum base/bottom that appears to be aligning with our prediction of an early October 2019 new upside price leg.Recent news of the US Fed decreasing the Fed Funds Rate by 25bp as well as strength...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Perhaps a false sense of security had crept in. Plentiful oil supply, carefully stewarded in 2019 by OPEC+ to get the market closer to balance, and moderate prices. Rising geopolitical tension,even around Iran, seemed a nebulous...Read More
Namibian diamond mining company Namdeb, a 50:50 joint venture between De Beers, itself a subsidiary of Anglo American plc, and the Namibian government has sold its Elizabeth Bay mine and associated marine assets to the Lewcor group. The basic deal is worth N$120-million. Namdeb ceased operations at Elizabeth Bay a year ago, because it could no longer run the mine economically. However, it also det...Read More
The markets remain in limbo this morning, Friday September 20, while they wait for any news from the initial talks that are underway between deputy trade negotiators in the United States.With the US, Europe and China all showing they are prepared to ease monetary policy and with some signs of slightly better economic data, the markets seem a little less nervous and with that prices are managing to...Read More
Stellar result for PolarXSPONSOREDpolarxBMO Capital Markets said a presentation in Arequipa by the minister in which he claimed the country's copper output could grow 27% on last year's levels by 2022 implied about 3 million tonnes per annum of new copper production."Although new mines such as Quellaveco will boost output, we are significantly more cautious on project delivery and see about 2.5Mt...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening tradeThe Canadian Dollar slipped 0.12 to U.S. 75.25 cents following release of Canada's July Retail Sales report. Consensus was an increase of 0.6% versus a revised slip of 0.1% in June. Actual was an increase of 0.4%Micron added $0.39 to $50.21 after JP Morgan raised its target price to $65 fro...Read More