Could these be the opening shots in the battle for the next global monetary system? Join Mike Maloney as he explores the serious implications that arise from Facebook's foray into the world of finance, and whether or not their Libra project is the ultimate Trojan Horse. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global lea...Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
Gold has been on a major move up lately. 12% since the beginning of 2019. But John believes we're just getting started. Where will it stop? Nobody knows, bull markets can go on for many years, just look at gold from 2000-2011 or the stock market for the past 10 years. Next we talked about Jeffrey Epstein, the Deep State and the Trump Revolution. Looks like it's all about to hit the fan. The truth...Read More
You want to reduce CO2? Then trigger a global depression that reduces global consumption of everything by 50% and destroys 95% of the phantom wealth owned by the global Continue...Read More
We discuss why silver is lagging and what has to happen, both short and medium term to change that.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on...Read More
The reasons for the upgrade are provided in a BMO Capital Markets report. In a July 3 research note, analyst Andrew Kaip reported that BMO Capital Markets upgraded Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) to an Outperform rating on the potential of its and Newmont Goldcorp's Nevada assets, recently consolidated through a joint venture agreement between the two companies. Additionally, BMO is resum...Read More
Meanwhile, elsewhere on the property, the Canadian company continues exploration. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) announced in a news release that the ramp-up at Brucejack is advancing on schedule. The gold producer reported that it continues to accelerate underground development at a targeted 1,000 meters (1,000m) per month, a schedule likely to be maintained t...Read More
Intercepts are released for two more holes from this current exploration phase. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release that further drill results from the resource expansion program at its Copperstone gold project in Arizona demonstrated 6.1 meters (6.1m) of 15.02 grams per ton (15.02 g/t) gold.This intercept came from hole 18-21A-05, an exploration step-out ho...Read More
Bob Moriarty of 321 Gold explains why he is a fan of this PGE explorer with a project in Montana. A couple of weeks back I was calling for a correction in gold. All of a sudden everyone was talking about gold and how high it was going to go. Bullish sentiment hit an absurd extreme. I got it right; the correction began the next day.Investors tend to forget that even in the most bullish of markets,...Read More
Charts show us the golden brick road to high prices.GLD Gann Angle has been working since 2016. Higher prices are expected. Who would say anything different, and why and how? The GLD very wide channel shows us the way.- Conservative: Tag the 10 year rally starting in 2001 to 2019 and it forecasts $750 GLD (or $7500 USD Gold Futures) in 10 years.- Aggressive: Tag the 5 year rally starting in 1976 t...Read More
In May, the National Oceanic and Atmospheric Administration predicted a near-normal 2019 hurricane season, which runs from June 1 to November 30.But, the season got off to an early start with the short-lived sub-tropical storm Andrea on May 20. On May 31, a financial website mentioned this early start as part of a larger warning to commodity traders (Marketwatch):Storms in the Atlantic Ocean weren...Read More
And here we go again. Gold slipped below $1,400 perounce. This is where it fell after stronger-than-expected June EmploymentReport. How does that key piece of economic data play into the market’s ratecuts expectations? And how does it all impact gold? June Payrolls Surpass ExpectationsThe U.S. created 224,000 jobs in June, followinga disappointing increase of 72,000 in May (after a downward...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 universa...Read More
- Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price was sold lower just a few minutes after trading began at 6:00 p.m. EDT on Sunday evening in New York. It began to recover about fifteen minutes later -- and managed to crawl higher...back above the $1,400 spot mark. The high tick was set a few minutes after the London open -- and it didn't do much from there until 'd...Read More
- Craig HemkeLast week we wrote about how The Bullion Banks manage price through COMEX contract issuance. This week, let's take that one step further to see if recent history provides any context for where we are at present in this current bull market for gold.If you missed last week's post, I strongly encourage you to read it now, as understanding the processes by which The Banks manage price...Read More
Legendary investor Jim Sinclair and his business partner Bill Holter say Gold is going much higher. It's a mathematical certainty. Sinclair says, "You need to look at gold, not a speculation, but as a savings account. If the dollar gets sliced in half, you basically double the value (of your gold) if not more. I think much more. . . . In the second reset, that will take gold to a price where it...Read More
Stewart Thomson, Graceland Updates 1. While some gold stocks (the South Africans in particular) continue to rally, bullion and most miners are staging a classic pullback after a major upside breakout. 2. Please click here now. Double-click to enlarge this important monthly gold chart. The bottom line:3. Breakouts are fun. Pullbacks are not!4. My advice to investors:...Read More
The second half of the year is setting up favorably for the precious metals sector, which was led in the first half by gold and gold mining stocks.Of course, the Wall Street-beholden financial media is largely ignoring metals and mining - preferring instead to give celebratory coverage to every move toward new highs in the Dow and S&P 500."The Dow Jones Industrial Average rallied 7.2% this month...Read More
By: Ira EpsteinGold right at 18-DMA support, battleground. Completed leg to the downside, battle underway. Gold not overbought anymore:Read More
By Avi GilburtThere is an old adage that bulls get fat, bears get fat, but pigs get slaughtered. I guess that is another way of saying to not overstay your welcome on one side of the market and to know when to take profits.This is how I felt about bonds last week.But, before I explain, let me take a moment to recap our history and perspective on bonds. For those that followed our work over the y...Read More