Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 312,70253,75671,633160,282447,104544,617572,493 Change from Prior Reporting Period 14,594-7,79811,7925426,72626,44030,720 Traders 21670735460298178 Small Speculators LongShortOpen Interest 61,33233,456605,949 1,904-2,37628,344 non reportable positionsChan...Read More
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather, American publisher and author, 1889-1981 "Some calamities the 1929 stock market crash, Pearl Harbor, 9/11 have come like summer lightning, as bolts from the blue. The looming crisis of America's Ponzi entitlement structure is different. Driven by t...Read More
StrengthsThe best performing metal for the week was palladium, which gained 2.11 percent as the market remains undersupplied with implementation of tougher emission standards in China. A Bloomberg survey of traders and analysts turned bullish for next week's price expectations. Gold recorded its best monthly advance s...Read More
Links to slides and sources: https://www.itmtrading.com/blog/recen...Question 1. Brendan F: If world governments at some point enact gold confiscation will they be obliged to pay compensation at spot price before revaluing gold higher?Question 2. Walker V: Seems like Gold is on the move, but Silver is not moving in conjunction?Question 3. Horace T: do you think that the gold spot price manipulatio...Read More
The boss of Instagram said the company is willing to make decisions that keep its users safe from online bullying, even if those decisions lead to decreased usage.Continue...Read More
Hypocrisy seems to have become a defining characteristic of US foreign policy, especially when it comes to Iran. After breaking the Iran deal last year and, de facto, forcing the Europeans to violate the deal in May, the US Administration is now complaining that Iran is no longer abiding by its obligations under the deal!It's remarkable to see Secretary of State Mike Pompeo take to Twitter to com...Read More
"The time has come to put our money where our mouth is...The positives of easier policy will be offset by the negatives of weaker growth."Continue...Read More
The reason I put this together is to expose as many people as possible to this bizarre information. I hope journalists and criminal investigators dig deep into all this stuff Continue...Read More
President Trump's Federal Reserve nominee Judy Shelton has long been a proponent of free trade and once advocated for an open border with Mexico back in 2000. Shelton would not Continue...Read More
The goal of the till geochemical survey is to identify high-grade drill targets in new areas, as well as increasing grade and tonnage at existing deposits, Resources Opportunities editor James Kwantes writes. The history of major metals discoveries is rife with stories of deposits that were only uncovered when geologists looked beyond existing mineralization systems, or considered new models. Som...Read More
This company working in British Columbia is awaiting assay results of a 1,000-meter hole at Thorn, kicking of its exploration season, explains Thibaut Lepouttre of the Caesars Report. After focusing on the cobalt camp in 2018, Brixton Metals Corp. (BBB:TSX.V) is shifting gears and will spend of its time and effort on the Atlin Goldfields project in British Columbia. After successfully assembling...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss what real wealth is and if financial assets should be considered real wealth. Our contention is that gold is real wealth. Gold is its own final settlement and no one else's liability. What this means is simply that gold stands for itself, it does not depend upon the faith and good credit of any other person or thing...it is univers...Read More
The Gold-Silver ratio is trading at an historic extreme of 90.31, at a level not seen for over 25 years. In comparison the historic average is 50 which on the current Gold price of $1330 would have the Silver price trading at $26.60. Which just goes to show how much of a coiled spring Silver tends to be as it eventually tends to swing sharply in the other direction at mania peaks. The ratio chart...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 312,70253,75671,633160,282447,104544,617572,493 Change from Prior Reporting Period 14,594-7,79811,7925426,72626,44030,720 Traders 21670735460298178 Small Speculators LongShortOpen Interest 61,33233,456605,949 1,904-2,37628,344 non reportable positionsChan...Read More
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather, American publisher and author, 1889-1981 "Some calamities the 1929 stock market crash, Pearl Harbor, 9/11 have come like summer lightning, as bolts from the blue. The looming crisis of America's Ponzi entitlement structure is different. Driven by t...Read More
StrengthsThe best performing metal for the week was palladium, which gained 2.11 percent as the market remains undersupplied with implementation of tougher emission standards in China. A Bloomberg survey of traders and analysts turned bullish for next week's price expectations. Gold recorded its best monthly advance s...Read More
"...we could break key support and head much lower, even sub $1000 Gold, before higher. Anything is possible. But if..."by David Brady via Sprott Money NewsThe GOLD:SILVER RATIO or "GSR"When Gold falls, the GSR typically rises as Silver falls even further than Gold. Call it a high beta play on Gold. The same happens in reverse, when Gold rises, the GSR typically falls as Silver outperforms Gold to...Read More
RAPAPORT...Sam Ziefer, a veteran of the jewelry industrywith 50 years of experience, has joined auction house Fortuna as executive vicepresident of business development. He will focus on building strategicpartnerships for the New York-based company and strengthening its marketposition across the US, it said Monday. Fortuna specializes in auctions ofjewelry and watches, and is planning "rapid...Read More
RAPAPORT... Rough-diamond prices are likely to fall 5% this year asweakness in the industry continues, Panmure Gordon analyst Kieron Hodgson haspredicted. The investment bank has lowered its expectations for themarket, having previously forecast price fluctuation in 2019 ranging from flatto a 2% decline. Mining companies' results from the first half were in linewith Hodgson's cautious view of the...Read More
RAPAPORT... Firestone Diamonds has recovered a 54-carat, intense-fancy-yellowrough diamond at its Liqhobong mine in Lesotho, it reported Monday. The sawable stone, the largest of its color Firestone has unearthed, will go on sale at the company's nexttender, which is due to take place in September. The miner's special-stone discoveries this year have included a white diamond weighing 70 carats, a...Read More