Technical analyst Clive Maund charts gold and explains why he believes gold will turn higher later in the summer. Gold and silver dropping back again late last week had investors in the precious metals sector feeling despondent, especially as their fears were magnified by at least one analyst calling for gold to drop to the low $900s or even lower, which is normal when prices sink, but our charts...Read More
Technical analyst Clive Maund charts silver and finds that it looks "considerably weaker than gold."Technical analyst Clive Maund charts silver and finds that it looks "considerably weaker than gold."Silver looks considerably weaker than gold, although that is normal at this stage in the cycle. It is still considered likely that it is forming a Double Bottom with its lows of la...Read More
Crude oilhasn’t closed higher yesterday and the previous series of rallies appears toface stiff headwinds. Is this it, or can the oil bulls pull a rabbit out oftheir hats? After all, they’ve reversed Monday’s downswing already. Or does theprospect of wide spectrum U.S. - China uncertainties have the upper hand? It’smaking itself heard across the board and crude oil is no ex...Read More
Goldand silver declined a bit yesterday, but mining stocks reversed and closed thesession higher. It seems that the miners showed strength, especially that theyformed a bullish reversal candlestick. But did they? The reversal candlesticksshould be confirmed by strong volume and what we saw in the GDX ETF yesterdaywas the lowest daily volume of the year. In fact, the GDX volume was lowerthan any vo...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 203,628114,82383,533167,827275,765454,988474,121 Change from Prior Reporting Period -22,73312,9984,7748,383-20,862-9,576-3,090 Traders 17781835058261193 Small Speculators LongShortOpen Interest 53,65534,522508,643 224-6,262-9,352 non reportable positionsC...Read More
By Robert LambourneThe statements of account for March and April 2019 recently published by the Bank for International Settlements indicate that the bank is still actively trading gold swaps, which the bank uses to gain access to gold held by commercial banks. The statements also show that there has been a large decline in gold swaps entered by the BIS in the two months, about 215 tonnes.This is...Read More
The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 results reveal their fundamen...Read More
Celente: An Oil Shock Could Be the Black Swan That Finally Drives Gold Higher DOWNLOAD MPDon't want to listen? Read the podcast below!Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up the top trends forecaster Gerald Celente of the Trends Journal joins me to discuss a myriad of topics. Gerald gives us more insight on why the precious metals are struggling, why he recently...Read More
By: Dave KranzlerElon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a "good chance" of exceeding Q4's record deliveries and the production of the Model 3 is close to 1,000 per week.Regardless of the veracity of the production numbers, the new orders and Q2 deliveries...Read More
By: Marin KatusaGold prices have dipped below $1275.Even the gold bugs are getting rattled.On the other hand, profit bugs are on the constant lookout for opportunity in echo markets. This is the time when the market is rewarding strong hands and shaking out weak ones.So if you're coming from a position of strength (loaded with cash, paying close attention) then your time to strike and cash...Read More
Professor Laurence Kotlikoff & Chris Waltzek Ph.D. - May 21st, 2019. DOWNLOAD - MP3 formatHighlightsProfessor Laurence Kotlikoff, from Kotlikoff.net and author of the FREE book: You're Hired!Our guest created a new program to assist investors with retirement via a scientific method, MAXIFI.Maxifi is top rated and efficient personal-financial planning software that identifies the optim...Read More
Dear Friend of GATA and Gold:Fighting gold price suppression by central banks and their market rigging generally would be a lot easier with the help of some of those people who have great resources and purport to be gold advocates themselves but who knowingly or unknowingly assist the other side.?>>?One of those people is billionaire Ray Dalio, founder of investment fund Bridgewater Associates i...Read More
By: Ira EpsteinInvestors realizing there is a real trade war going on..Read More
The FAANGs and a few other 'lunatic' stocks favored by institutional buyers have deservedly been getting thrashed, but it looks like the pain is unlikely to abate any time soon. My downside targets in two key stocks, GOOG and AMZN, are well below current levels, implying they will remain a drag on the market. One stock that has been bucking the tide is Microsoft, which is within a three-day rall...Read More
Nanoparticles have long been studied due to their potential in drug delivery. Researchers prefer to use them because they can be...by Evangelyn Rodriguez from Natural News(Natural News) Ghanera (Nothapodytes nimmoniana) is a small flowering tree found in India. It bears oblong fruits which are purplish when ripe and contain only single seeds. Ghanera is known as a rich source of camptothecin (C...Read More
A major miner in Botswana has commissioned a South African company to manufacture three mobile operator stations for its diamond mine in Botswana.The mobile stations allow for capital equipment to operate by means of remote-control technology, 100 m away from where the machine is working.AdvertisementThis delivery marks a first for Africa, as these hi-tech stations have not been manufact...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. Index futures were virtually unchanged following release of the April Durable Goods Orders report at 8:30 AM EDT. Consensus was a drop of 2.0% versus a revised gain of 1.7% in March. Actual was a drop of 2.1%. Excluding transportation orders, consensus was an increase of 0.2% versus a ga...Read More
For couples to receive the largest monthly Social Security check possible, experts generally recommend that the higher wage earner holds off until age 70 to begin collecting retirement benefits. But often people cannot afford that delay if they retire before then, which explains why about 50% of them file early. Some though, have discovered a perfectly legal way to increase their Social Security b...Read More
They won't start final construction in Morocco until August, but the Mines Solar Decathlon team isn't waiting to get building. The eco-friendly model home's wet wall - the interior wall that contains all the plumbing for the bathroom and kitchen - as well as the power storage and HVAC systems are being assembled and tested here on the Mines campus. By mid-June, they'll all be packed inside a ship...Read More
Western Pakistan is a fascinating place. It's remote, arid, tribal, and these days, a Taliban stronghold - not the friendliest of spots for westerners planning on coming home still attached to their heads. It was slightly safer when I was there in 1997, although it still had its moments.As a government-sanctioned traveller carrying out mining-related business, I was allowed to go pretty much anywh...Read More