Market futures were pointing to an upbeat start around the world today amid hopes further US-China trade talks would be successful.There was also anticipation of further economic stimulus measures in China, after data out today showed industrial output, retail sales and investment all slowed in April, Bloomberg reported.The gold price is a little softer than this time yesterday but is still a...Read More
I'm not far off saying that the Permian Basin is officially the worst-kept secret in the U.S. oil boom.Here we are more than a decade into the tight oil boom, and it's become glaringly obvious to everyone that the biggest profits are in West Texas.For most, the Permian Basin's true value was hammered home last year, when the USGS announced that the Wolfcamp shale and Bone Spring formation in Texas...Read More
By: Ira EpsteinGold trend in up-thrust and is staying bullish. Hits 100 day moving average, running out of steam. The stock market rally relieved some of the safe-haven buying:Read More
Gary Christenson, The Deviant InvestorEgon von Greyerz discussed "3 Dozen Reasons to Hold Gold" and mentioned price targets of $30,000 for gold and $3,000 for silver. Gold sells for $1,310 and silver sells in the mid-$15s. His numbers suggest that gold could increase by a factor of 20 and silver by nearly 200. For perspective, refer to the table below.He shows the many reasons to own gold in t...Read More
By: Craig Hemke, TF MetalsOn several occasions since late 2018, we've written about the current similarities to 2010. This "2010 9" theory became our theme for 2019, and we wrote about it here:o https://www.sprottmoney.com/Blog/gold-and-silver-2...Well, here we are in May and it's time to check in on the status of this forecast. The parallels to 2010 are becoming clearer. Plus, there are additi...Read More
The on-again, off-again trade deal with China has put some life into the stock market, all of it vicious. It has also invigorated an otherwise moribund discussion concerning weather tariffs are good or bad. Popular wisdom has it that the mere discussion of Smoot-Hawley tariff legislation caused the stock market to gyrate wildly in 1929 and eventually to crash. Pat Buchanan does a good job debunk...Read More
Cash will be the king now. Low risk traders and investors will prefer to sit on cash rather than invest in uncertain times. Fundamentals will be the key to investing now. Now a days it is very rare to see rallies in any investment dictated by fundamentals. Gold, Indian stocks and even Indonesian stocks have a long term fundamentally strong story. Only risk to the world growth is energy prices be...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
In this episode you will hear from three expert presenters from our recently hosted Live Investor Summits. Gold analyst Craig Hemke of TF Metals Report begins by discussing how the set up for gold today resembles that which occurred in 2010. Then Collin Kettell of Palisade Global gives a compelling presentation regarding why you should be investing in uranium equities. Finally, respected author an...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
We've all been there before. You're driving along and you see a pair of flashing blue lights in your rearview mirror. Whether or not you've done anything wrong, Continue...Read More
The developed world is doing something unprecedented: It's no longer reproducing. That's great for the environment and very good for the work and housing prospects of the relativeContinue...Read More
Many of us look at the precious metals markets and believe that there's something amiss. With all the money printing and geo-political turmoil, it's believed that the price should be much higher. Is it a conspiracy to hold prices down or is the market functioning the way it was intended? Peter believes that the demand just isn't there to make prices go higher. He gives the example, If the US and I...Read More
For Part 1 of this interview, CLICK HERE"When you own gold, you are fighting every central bank in the world...you are also fighting for free and transparent markets, honesty among government and fair dealing among nations"Chris Powell was managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, from 1974 to 2018, when he retired from his management work while remaini...Read More
There is no hope of returning back to the days when government functioned. It seems that we are cascading toward complete collapse. The danger after Trump is that we may move toward an authoritarian form of government.Continue...Read More
The Federal Reserve announced Wednesday in a downbeat report that the United States' industrial production slumped in April. The Fed's report also included sharp downward Continue...Read More
With the trade war between the US and China re-escalating once more, investors are again casting frightened glances at declining global trade volumes, which as Bloomberg Continue...Read More
Michael Rowley, president and CEO of Group Ten Metals, speaks with Maurice Jackson of Proven and Probable about the results of recent drilling at the Stillwater West project that delivered Platreef-grade mineralization. Maurice Jackson: Joining us today is Michael Rowley, president and CEO of Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE), which is known for platinum, palladium, nickel,...Read More
Crude Oil recently rallied up to the $63 level and failed. This level is a key Fibonacci price level based on our proprietary adaptive Fibonacci price modeling system. It represents a Fibonacci Long Trigger Level that would suggest that a new bullish price trend could setup if and when the price of Crude Oil rallies and closes above this level.The fact that Crude Oil rallied above this level...Read More
On Friday the United States made good on its threat to ratchet up the trade war against China, after the two parties failed, after weeks of negotiations, to reach a deal.The Trump administration hiked tariffs on $200 billion worth of Chinese imports to 25% from 10%, adding to the $50 billion in goods already being taxed at that level. The tariff hikes went into effect at midnight on Thursday. The...Read More