It's been another tough week for gold, with the yellow metal sinking to around US$1,810 per ounce at its lowest point during the period, a level not seen since July.Should investors be worried? Peter Grandich of Peter Grandich & Company doesn't think so. "We had a near-parabolic rise earlier this year. It's not uncommon to see a substantial correction not long after that. I think that's what we've...Read More
Since early July, I've told my subscribers in the precious metals markets to take a Katusa Free Ride on all our gold stocks. Thus, all but one stock in our portfolio Continue...Read More
Aurania Resources' recent exploration efforts and public offering are analyzed in a Noble Capital Markets report. In a Nov. 5 research note, Noble Capital Markets analyst Mark Reichman discussed Aurania Resources Ltd.'s (ARU:TSX.V; AUIAF:OTCQB) progress with drilling at its Lost Cities-Cutucu project in Ecuador and with its recent equity raise."We think the company's drilling program will be clos...Read More
The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created the gap you will see as a downside objective on the daily chart of HUI below.Gold Sector Correction is Maturing (6.19.20)That was a routine correction as gold and the gold miners were still part of one...Read More
Gold plunged to $1,800. What does this imply for the gold market?Whoa! Tuesday, November 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941, or more than 7 percent. So, what happened? Well, it seems that the positive news of the vaccines eliminated the...Read More
The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created the gap you will see as a downside objective on the daily chart of HUI below.Gold Sector Correction is Maturing (6.19.20)That was a routine correction as gold and the gold miners were still part of one...Read More
Gold plunged to $1,800. What does this imply for the gold market?Whoa! Tuesday, November 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941, or more than 7 percent. So, what happened? Well, it seems that the positive news of the vaccines eliminated the...Read More
The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created the gap you will see as a downside objective on the daily chart of HUI below.Gold Sector Correction is Maturing (6.19.20)That was a routine correction as gold and the gold miners were still part of one...Read More
Gold plunged to $1,800. What does this imply for the gold market?Whoa! Tuesday, November 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941, or more than 7 percent. So, what happened? Well, it seems that the positive news of the vaccines eliminated the...Read More
The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created the gap you will see as a downside objective on the daily chart of HUI below.Gold Sector Correction is Maturing (6.19.20)That was a routine correction as gold and the gold miners were still part of one...Read More
Gold plunged to $1,800. What does this imply for the gold market?Whoa! Tuesday, November 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941, or more than 7 percent. So, what happened? Well, it seems that the positive news of the vaccines eliminated the...Read More
For Part 1 of this interview, CLICK HEREHarry Dent, founder of HS Dent, is calling for gold to see its final rally to $2,200 an ounce next year before falling to multi-year lows. After 2022, the new lows should present a new buying opportunity. "From 2022 on, I'd be buying gold hand in fist, it's going to hold up better than most commodities," he said. "I'm expecting gold to go up...when this cris...Read More
For Part 2 of this interview, CLICK HEREThe cyclical bull market for equities is over; after December, stocks will begin a secular multi-year decline, starting with a 40% correction by April, said Harry Dent, founder of HS Dent. "If we see another new low in the stock market, I predict we are not going to see new highs on the Dow, S&P, NASDAQ, biotech, you pick anything...you're not going to see n...Read More
What a very long a year it has been. It's nearly impossible to believe that only a year ago, gold was breaking through $1350, $1450, and $1500?EUR<, and the Fed was mysteriously embarking on "Not QE" bond repos, during "the greatest economy ever." How very long a year indeed. Craig Hemke, founder of TFMetalsReport.com, returns to Liberty and Finance to point out the striking parallels between toda...Read More
*This interview was recorded on November 17thJeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of...Read More
Jordan outlines why he thinks the next 4-5 weeks will be a good time to buy certain PM stocks as they form a bottom.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 G...Read More
David Rosenberg is the chief economist & strategist of Rosenberg Research & Associates, an economic consulting firm he established in January 2020. He received both a Bachelor of Arts and Masters of Arts degree in economics from the University of Toronto. Prior to starting his firm, he was Gluskin Sheff's chief economist & strategist. Mr. Rosenberg was also chief North American economist at Bank o...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
SBTV spoke with David Morgan, publisher of The Morgan Report, about the sideways price action of silver and how the current leg of the silver bull market will be one for the record books.00:00 Introduction01:47 Mentality of successful investors07:13 Catalyst for next breakout of silver11:20 Stealth phase of silver bull market's third leg14:19 Gold-backed central bank digital currencies?17:32 Smart...Read More
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. 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 t...Read More