Gold dropped well below $1,400 on Monday. Mainstream analysts said sell-off was because hope for a resolution in the trade war interjected some optimism into the markets, pumped up risk sentiment and put a damper on safe-haven buying. But that optimism apparently faded fast. On Tuesday, gold began to rally again and pushed back above $1,400.The fact is economic realities don't support optimism....Read More
Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-mark...Read More
Fans of the improvisational comedy program Whose Line Is It Anyway? may recall host Drew Carey describing it as "the show where everything's made up and the points don't matter."Interestingly, if we replace "show" with "economic doctrine," and "points" with "money," we end up with a near-accurate description of modern monetary theory (MMT).You may have noticed MMT trending in the news in the pas...Read More
- David H. SmithGLD (SPDR Gold Shares NYSE) is the world's largest gold-centric Exchange Traded Fund (ETF). On Friday June 21, 2019 - one day after The Gold and Silver Volcano is Ready to Erupt was posted on this site - a record single day's inflow (gold buying) of over $1.5 billion took place.This stampede, led by hedge funds and "algos" (automated computer buy/sell programs based upon volu...Read More
By: Ira EpsteinGold is overbought, near resistance area again:Read More
Jason Hartman talks with Marc Faber, editor at Gloom, Boom, Doom, about what's going on in our economy with the massive asset inflation that's hit in the past few years. The two examine what central banks will have to do in order to deal with the looming shortages and what investments can buck that trend when it arises.Key Takeaways:[3:54] Asset inflation is making the rich richer and leaving the...Read More
Michael Pento gives a tremendous interview on what he sees as pending doom in the stock market and why he believes we're in for a bout of stagflation that will make the 1970s look like a walk in the park. He also makes a compelling case for gold during an interest rate environment that he believes will soon be turning profoundly negative in real terms. *The interview begins at 6:05Michael Pento is...Read More
Part 1 (part 2 below)President Trump Fed nominee Judy Shelton discusses the gold standard. Part 2President Trump Fed nominee Judy Shelton joins "Santelli Exchange" to discuss the interest rate policy, where she stands in terms of Fed policy and the popularity in cryptocurrency and what it says about government backed currency.Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Carl E. Walter, longtime bank executive and coauthor of "Red Capitalism," joins the program to discuss important recent happenings in China.2:55 Reading the tea-leaves8:12 Baoshang Bank: A small fish causing big problems14:12 Hong Kong and the mainland19:56 More stimulus on the way?24:38 Swapping loans for bondsJames "Jim" Grant is an American writer and publisher and the founder of Grant's Intere...Read More
*This interview was recorded on 6/28/19Peter Boockvar, CIO of Bleakley Advisory Group, is looking to take advantage of the technical breakout in gold. He explains the impact of a dovish Fed, notes the relationship between the metal and negative-yielding debt, and reveals just how high he sees prices going.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The...Read More
"They can shape your experience, they can control what you see, when you see it and you become essentially a cog in their machine."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
U.S. jobs gained by 224,000 in the latest employment report, topping forecasts. This however puts pressure on the Fed NOT to cut interest ratesContinue...Read More
The media ran headlines right up to the day of President Trump's July 4 speech predicting only a "tiny crowd" would show up.Continue...Read More
The terms and benefits of the deal are discussed in a BMO Capital Markets report.In a July 2 research note, BMO Capital Markets analyst Brian Quast reported that B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX) agreed to sell its Nicaraguan assets to Calibre Mining for $100 million and a roughly 31% equity interest in Calibre. Closing of the deal is slated for October 2019. The two gold mines being sold...Read More
GLD (SPDR Gold Shares NYSE) is the world's largest gold-centricExchange Traded Fund (ETF). On Friday June 21, 2019 – one day after The Gold and Silver Volcano is Readyto Erupt was posted on this site – a record single day's inflow(gold buying) of over $1.5 billion took place. This stampede, led by hedge funds and "algos"(automated computer buy/sell programs based u...Read More
Precious metals expert Michael Ballanger discusses the mettle necessary to trade precious metals at this time. "Mettle"—the ability to cope with difficulties or to face a demanding situation in a spirited and resilient way.Given the performance of my beloved Gold and Gold Miners in the past month, could there have ever been a more fitting word describing our sector than in the word "mettle"?...Read More
The last few weeks for gold trader has been really exciting. Let face it, metals are starting to outperform us Equities late in a US stock bull market and we all know what that means. If you don’t know what I mean check out these charts!Recently Iposted an exclusive gold analysis article on Gold-Eagle.com talking about thenext big moves and timing for the price of gold. Things are about to g...Read More
Is this Double-Top setup in Palladiumanother warning of a potential downside price move? Back in April 2018, we issued a Double-Toppattern warning in Palladium which preceded a downside price move of nearly28%. We believe this new Double-Toppattern may prompt a downside price move of nearly 20% – targeting the $1240level.April 18, 2018:PALLADIUM RALLY DRIVING OTHER METALS TO MOVE...Read More