The battered silver miners' stocks surged in recent months, staging a strong rebound rally. That overdue turnaround was fueled by silver mean reverting higher on improving sentiment after gold's decisive bull-market breakout. But silver miners still had a challenging Q2, as most of silver's gains came after last quarter ended. They continued diversifying into gold to help weather silver's endlessl...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 3, 2019 The US yield curve inversion suggests the next recession is about 18-24 months away.That recession could mark the start of a long period of stagflation like 1966-1980. Please click here now. Double-click to enlarge this long-term bond market chart. Some gold analysts have noted...Read More
Gran Colombia's subsidiary Medoro Resources International held mining rights to the Lo Increible 4A and Lo Increible 4B concessions near El Callao in Bolivar State.Read More
The result compared with a $4.3 million loss for the first half of 2018 and came despite a challenging period for the diamond sector.Diamond sales for the half were $29.4 million, including $22.1 million from the Lulo mine in Angola.At the new Mothae mine in Lesotho, diamond carat production was 36% ahead of plan, while operating costs were 14% below forecasts.Lucapa said it was poised for a stron...Read More
No details of the collaboration were provided outside of Byrnecut being appointed to provide underground mine development and production services. Prieska will feature 2.Read More
The energy ministry said on Monday it would fully conform with rulings by the country's top administrative court, concerning permits for an enrichment plant at Skouries, Reuters reported.Eldorado started construction at Skouries in 2013 then mothballed the gold-copper project in 2017, citing long-running permitting delays.Skouries is expected to produce an average annual 140,000 ounces of gold and...Read More
The mainstream financial media has gone recession-happy. Here are today's market headlines:"Here's a List of Recession Signals that are Flashing Red" - CNBC"Will America Talk Itself Into a Recession?" - New York Times"Recession Warning Signs Are Flashing" - ForbesThe signals are real. There is the inverted yield curve, which has signaled the last seven recessions (after a 22-month delay on average...Read More
Stewart Thomson, Graceland Updates 1. The US yield curve inversion suggests the next recession is about 18-24 months away. That recession could mark the start of a long period of stagflation like 1966-1980.2. Please click here now. Double-click to enlarge this long-term bond market chart.3. Some gold analysts have noted the H&S top pattern in play, but it's important to wait...Read More
Clive MaundThe distinguishing feature of fiat money systems is that they are licentious - they are created by corrupt politicians so that they can act without restraint by, for example, promising the citizens the Earth in order to improve their chances of being re-elected. The population can pick up the tab later in the form of devalued money that buys them less. The current dollar fiat money sy...Read More
StrengthsThe best performing metal this week was platinum, up 8.86 percent. Platinum had its best week since 2011 as haven demand for gold expands to other precious metals. Gold rose to as much as $1,550 an ounce this week due to the escalated U.S.-China trade war. And silver is catching up....Read More
Aug. 30th, 2019(S14-E711)Featured GuestsPeter Schiff& Arch CrawfordNote: Guest order via seniority.Please Listen HereInterview Recap.Arch Crawford, head of Crawford Perspectives for 42 consecutive years rejoins the show.He expects further fireworks ahead in the PMs sector, in particular with silver.Investors are only beginning to appreciate the remarkable opportunity.A single ounce of the y...Read More
By: Avi Gilburt I am often asked to provide a sample of the analysis I provide to members. So, in this week's article regarding the stock market, I chose to reproduce the general discussion I provided within my analysis posted to members on Saturday night. Please understand that my detailed charts and the discussion of the specific smaller degree analysis is being left out from this public upda...Read More
By: Ira EpsteinGDX - gold stocks looks weaker on the charts than gold does:Read More
Northern hemisphere summer is over. It has been a golden summer this year. Silver outperformed gold. Some of you were telling me how I was not hyper bullish on silver. My answer is that, I have been an outright silver bull since I started analyzing precious metals in 2003 and will remain bullish on silver till I am alive. However I been scorned by clients, family and friends over the past few ye...Read More
Supply Shocks AheadSubnormal GrowthBond Market InsanityParalyzed BusinessBumpy RideFlorida and a Fire Drill(August 31) We have reached Labor Day weekend which, in the US, is a holiday for honoring work and workers. If you're a Baby Boomer like me, you also grew up knowing school was about to start again. We didn't do the mid-August thing back then. The first day of school was the day after Labor...Read More
"I think we're in the third and final phase of the gold market that's started in 2001, and this will be the most explosive phase for gold," Giustra told Kitco News.Frank Giustra is a Canadian business executive, who has been particularly successful in the mining and filmmaking industries, and is a noted philanthropist. Mr. Giustra started out as an assistant trader and then became a stockbroker at...Read More
William Cohan, Vanity Fair special correspondent, joins "Fast Money Halftime Report" to discuss why a Fed rate cut could be a mistake.Read More
"We hope that everyone will understand the circumstances that led to this new policy and will respect the concerns of their fellow shoppers and our associates."Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Topics:Oct 12, 2018: A date few noticed but we all should: The USD "insurance" market effectively went no-offerWhy FX-hedged relative yields are so importantConsequences of FX-hedged UST yields turning negativeWhere we stand: 7th, 8th or 9th inning?The mechanics: What should we expect from markets when the Fed is forced to monetize deficits?Read More