Jordan Roy-ByrneIt was a huge week for the gold stocks. GDX gained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday before selling off Friday. Silver met the same fate on Friday but managed to close the week up over 6% and at a new 52-week high. Let's take a look at the current technicals.Gold closed the week just below $1427/oz. If it remains above $1420-$1425, then it i...Read More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Join Mike Maloney for a follow up from last week's video on the extreme event occurring in silver. You'll see the level of accumulation has only struck these levels before twice since 1969...what does it all mean?Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world'...Read More
Links to slides and sources: https://www.itmtrading.com/blog/digit...Question 1. Frank S: What will happen during the reset with all the digital gold contracts that exceed the amount of physically available gold? Will we see one price/market for physical bullion and another price/market for digital gold contracts? How will this market separation be visible for us?Question 2. Les M: When is enough...Read More
Max talks to Chris Martenson of PeakProsperity.com about the choice between 'greatness and oblivion' in our environmental and economic policies going forward. They also discuss whether or not the U.S. can go negative on their sovereign debt yields and still retain its reserve currency status. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcas...Read More
Former Dallas Fed advisor Danielle DiMartino Booth and NatWest Markets managing director Michelle Girard give their take on the booming national debt and whether the Federal Reserve should lower interest rates.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic cons...Read More
For the past several months, Nick Santiago has been bullish on gold. Now that bullishness is expanding to silver, where he believes the returns will be severals times the eventual returns in gold. He believes that everyone needs to join this bandwagon now, before it's too late. Inflation is about to again rear its ugly head and those who don't prepare for it will face many difficulties. No one sho...Read More
James' new book is available for pre-order on Amazon and Barnes & Noble: Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds...Read More
"It could go either way, and I'm OK either way it goes."Continue...Read More
"Before Trump became president, she was a longtime advocate for free trade, but after he became president, she supported his administration's trade war with China."Continue...Read More
Prices moves in gold, silver and platinum are highly correlated.Continue...Read More
In this interview with Maurice Jackson of Proven and Probable, Jayant Bhandari presents his world view and discusses how it meshes with investment in the precious metals markets. Maurice Jackson: Joining us for a conversation is Jayant Bhandari, the founder of the world-renowned Capitalism and Morality seminar, and a highly sought-out advisor to institutional investors. Mr. Bhandari, welcome to t...Read More
The Critical Investor takes a look at recent news from this Nevada explorer, including the success of its recent oversubscribed CA$1.1M financing.Haldane exploration campAfter Alianza Minerals Ltd. (ANZ:TSX-V) increased the earlier announced CA$750,000 financing to CA$1 million, after it received plenty of interest, this CA$0.05 round eventually closed at CA$1.1 million, which is nothing but succe...Read More
Gold prices have been rising rapidly over the last few weeks and silver has begun to follow. Brien Lundin, editor of Gold Newsletter, in this interview with Streetwise Reports, profiles four junior miners that either have leverage to the metals prices or are sitting on large discoveries. Streetwise Reports: It's been a busy month or two for the precious metals, especially gold. Would you talk abo...Read More
The company's recent production, costs and guidance are reviewed and discussed in this CIBC report. In a July 15 research note, CIBC analyst Cosmos Chiu reported that after a solid Q2/19, Fortuna Silver Mines Inc. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE) "is tracking to meet or exceed the top end of its 2019 silver production guidance."Specifically, Fortuna's year-to-date silver production is 4,600,...Read More
Divesting of its ownership, the company deems, is a momentous achievement. Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) announced in a news release it entered into an agreement to sell its 25% interest in Puna Operations to SRR Mining, its sole joint venture partner in the entity, for CA$44.4 million. The total consideration going to Golden Arrow will consist of CA$3 million in...Read More
The silver market is on the upswing but consolidation could be in the offing, according technical analyst Clive Maund. Some weeks back we had correctly surmised that gold's gathering strength would rub off on silver and cause it to start catching up, so we bought a range of silver ETFs and stocks, a move which has paid off well as they have spiked quite dramatically in the recent past.Starting wit...Read More
In the last one hundred years there havebeen some great silver rallies. Some have been greater than others though.The economic conditions underlying thedifferent silver rallies were not all the same. Obviously those that occurredduring conditions most conducive to silver rallies were the great performers.The coming silver rally could be thegreatest especially since it potentially has most conditio...Read More
It was a huge week for the gold stocks. GDXgained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday beforeselling off Friday. Silver met the same fate on Friday but managed to close theweek up over 6% and at a new 52-week high. Let’s take a look at the current technicals.Gold closed the week just below $1427/oz. If itremains above $1420-$1425, then it is likely to trend...Read More