For several years Gerald Celente stated that until gold broke 1385 and then 1450 it wasn't going to move higher. In rapid fire succession gold has burst through those resistance points. Gerald believes that it's going much higher and will take silver along with it. War clouds are on the horizon in a number the theaters and it's just a question of which black swan crashes to earth first. Gerald say...Read More
Kevin O'Leary was a passenger in a boat his wife was driving that collided with another craft that had no navigation lights on, O'Leary claims. Continue...Read More
"Equity markets continue to look vulnerable, especially given the deeper inversion of the U.S. yield curve." Continue...Read More
A forgery crisis in the gold market is quietly taking hold of the industry. Continue...Read More
Precious metals expert Michael Ballanger discusses trends in the market and his recent trades.For those of you that have followed my raves and rants over the years, you are undisputedly aware of all of my biases when it comes to almost everything: bankers, politicians, invasive species, free market suppression, entitled Millennials, and finally, the utility of precious metals in a "financial order...Read More
In this interview with Bill Powers of Mining Stock Education, Osino Resources CEO and cofounder Heye Daun discusses the company's recently announced gold discovery, explains the significance of the initial diamond drill core results and shares how Osino Resources plans to continue to advance the project to maximize shareholder value.One of Osino Resources Corp.'s (OSI:TSX.V) key founders and finan...Read More
Nearly a month ago, we authored our “Crazy Ivan” research post suggesting that precious metals were about to pull a massive “crazy price move” while the US and Global markets breakdown in an attempt to revalue risk, support, resistance, and other unknown factors trying to “revalue” price to more suitable levels given future expectations.The moves in Gold and Sil...Read More
In recent months, the World Gold Council released a few interesting reports. What can we learn from the publications? We’ll then supplement it with the view of the Fed policies. Will gold like the message?Gold Demand Trends Q2 2019On August 1, the WGC published a new edition of its quarterly report on gold demand. According to the organization, the supply of gold grew 6 percent (recycling ju...Read More
Foryour sake, I hope you already have some gold in your portfolio.Gold is on an amazing run. It’s up over 21% since lastAugust.Meanwhile,the S&P 500 is up a mere 0.7%, as you can see in the chart below. Whilegold has done very well in general, I’ve found one niche group ofgold stocks thatis hands down the winner in this run.I’lltell you about it in a moment. Before...Read More
Back in June 2019, we posted a research article suggesting that Natural Gas was setting up an extended basing pattern below $2.35 preparing for a seasonal rally that typically initiates in late August or early September. We believe the basing pattern has nearly completed and now is the time to begin positioning for the upside price rally that we believe will hit in Natural Gas as early a Sep...Read More
Jordan Roy-Byrne Back during the bear market years (it's nice to be able to write that now), I regularly would compare the declines in Gold, Silver and gold stocks to their past history. It gave us a visual representation of just how bad the forever bear market was and helped us decipher when it might end.Thankfully that is all behind us.Now it's time to compare recent bullish moves to past iter...Read More
Craig Hemke, TF MetalsWow, what a year this has been. Back in January, we predicted that 2019 would be the best year for the precious metals since 2010, and with four months to go, the metals look to exceed that bullish forecast. So today, let's take stock of where we are and where we're headed.First of all, here's that post from January. Keep in mind that a precious metals rally was definitely...Read More
By: Ira EpsteinHoliday mentality. 18-DMA $1513+ and rising. $1,558 resistance area on Bollinger bands..Read More
10% gains are just the start, so join Mike & Half Dollar for 'Silver Doctors Live' at noon to find out what's going on with silver...Mike & Half Dollar are your hosts of Silver Doctors Live, airing Wednesdays at 12:00 p.m. EST.Catch the replay below if you missed it live!#WhyIsSilverGoingUp? Good question, and the reason for the #PriceSpike in #Silver is surprisingly simple. Tune-in for discussion...Read More
SD Midweek Update: Silver is on the move again, and we've discovered the exact reason for the price spike...Psst.Wanna know?Everybody does.Everybody knows, too.The dice have been loaded.But now they're smoothed over.The weighted part bare for all to see.The rigged dice are no longer suspicion.They just don't roll the same anymore.No matter how they play it off.And everybody knows, too.But that's n...Read More
RAPAPORT... Sales at Tiffany & Co. slipped in the second quarter, aspurchases by foreign tourists decreased in the Americas and Asia Pacific. Revenue fell 3% to $1.05 billion year on year in the threemonths ending July 31, while comparable-store sales - at branches open for atleast a year - slipped 4%, the jeweler said Wednesday. Profit dropped 6% to$136.3 million. Foreign tourists spent less...Read More
RAPAPORT... Senior vice president and chief marketing officer KathrynKimmel will leave the Gemological Institute of America (GIA) after 29 years. A third-generation jewelry-industry member, Kimmel worked inretail, manufacturing and various other fields within the trade before joiningthe GIA. During her time with the organization, she developed its outreachcampaign to help consumers understand the...Read More
RAPAPORT... Llewellyn Delport has stepped down as CEO ofTrans Hex following continued operating losses and uncertainty about thecompany's future, it said Tuesday. Delport, who has been with the South Africa-based minersince 2004, will leave August 31. Board chairman Marco Wentzel will head thecompany until it finds a replacement. Last month, Trans Hex issued a warning about its ability...Read More
RAPAPORT... De Beers' rough-diamond sales plunged 44% year on year thismonth as customers rejected goods or exercised the miner's buyback option. Sales fell to $280 million in the seventh sales cycle of theyear, as sightholders continued to struggle with weak retail demand and anoversupply of rough in the manufacturing and trading sectors. However, thatfigure was 12% higher than the $250 mill...Read More
RAPAPORT... Net imports of diamonds to the US dropped to their lowest value on record during the first half of 2019, as in-bound shipments fell at a faster rate than exports. The country's net diamond account - a measure of total imports of rough and polished minus total exports - declined 52% to $802 million, a level unmatched in 30 years of data archived by Rapaport News. Polished imports f...Read More