Last week, we wrote that gold miners flashed an“extremely overbought” signal, which they had only flashed once in the past –almost right at the 2016 top. The GoldMiners Bullish Percent Index recently moved to the highest levelthat it could reach – 100.The only other case when the index was at 100, wasin mid-2016. We marked this situation with a vertical dashedline. Did min...Read More
As the world's economic engine starts to recover from the COVID-19 pandemic, the demand for certain key commodities are a good indicator of the rebound strength.The S&P GSCI Commodity Index (Chart 1) is a collection of24 commodities from all commodity sectors (energy products, industrial metals, agricultural products, livestock products and precious metals). Since 2011, the index has been in a...Read More
China’s economy grew 3.2 percent in Q2 2020. The expansion was above expectations, but it does not have to sink gold.Last week, China reported that its economy grew 3.2 percent year-on-year in the second quarter of this year, following a 6.8 percent contraction in the previous quarter, as the chart below shows. Importantly, the actual growth rate beat the market expectations of a 2.5 percent...Read More
Last week, we wrote that gold miners flashed an“extremely overbought” signal, which they had only flashed once in the past –almost right at the 2016 top. The GoldMiners Bullish Percent Index recently moved to the highest levelthat it could reach – 100.The only other case when the index was at 100, wasin mid-2016. We marked this situation with a vertical dashedline. Did min...Read More
As the world's economic engine starts to recover from the COVID-19 pandemic, the demand for certain key commodities are a good indicator of the rebound strength.The S&P GSCI Commodity Index (Chart 1) is a collection of24 commodities from all commodity sectors (energy products, industrial metals, agricultural products, livestock products and precious metals). Since 2011, the index has been in a...Read More
LONDON, 24 July 2020 - BullionVault features today in Germany's best-selling broadsheet newspaper, Frankfurter Allgemeine Zeitung, reporting on the boom in silver investment."The number of people seeking stability and diversification from precious metals investing has never been greater," FAZ quotes Adrian Ash, director of research at the online provider.Quoted alongside other experts in the marke...Read More
Strengths? The best performing precious metal for the week was silver, up 3.24 percent and marking six weeks of consecutive gains. Silver was strong again this week as the metal neared $20 an ounce, a level last seen in September 2016. The metal is up 66 percent from its March lows due to stronger demand for use in solar. Silver is also riding the wave of higher gold prices. ?...Read More
https://silverseek.com/article/silver-bull-gateway-handRead More
1. Gold looks superb, silver looks better, and the miners look best of all. 2. These are the main facts for investors to keep in mind at this point in "gold bull era" time.3. Please click here now. Double-click to enlarge this "breakout over $1800" gold chart.4. Next, please click here now. Double-click to enlarge yet another breakout chart (silver). S...Read More
Oliver Stone is an award-winning director, producer, screenwriter, and author. His memoir Chasing the Light is available on July 21, 2020. https://linktr.ee/OStoneRead More
Lior Gantz is back on the show to give us an update on what's taking place in the metals market. I'll ask him why Bitcoin is lagging, and we'll take your questions live. 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,...Read More
A couple in St. Louis will face felony charges in their much-photographed defense of their home in a private, gated and locked community as BLM and other protesters broke through the gates and moved toward the couple's home. Justice...or an attack on property rights and the Second Amendment. Plus in today's Report: More threats to jail Covid-19 positive cases if they resist house arrest. Also - wh...Read More
What the gold sector has needed for years is generalist interest in the space, and one demographic in particular that has shied away from the sector is now showing unprecedented interest, according to Lobo Tiggre, principal analyst of the Independent Speculator."Young people today understand that there is a risk in calling something money that governments can create at will at no cost. That's comp...Read More
0:00 Introduction0:59 Historical parallel to current day?6:04 Modern-day Bolshevik Revolution7:08 Digitization of USD12:33 Gold standard has never worked14:45 Where do you find a safe-haven asset?16:30 Divided, toxic political environment18:37 USD probably will decline into election for fear of a Trump loss20:50 Commodities are going to rise24:50 Dow 40,000 is further out29:51 Armstrong Economics...Read More
ECONOMY: Cities are shutting back down. Group of 20 statement predicts big contraction in the balance of the year. Is this a double dip depression? Do stock prices depend on a return to normal? What happens if that is delayed or canceled? PRECIOUS METALS: Money is pouring into the gold/silver mining stocks Silver continues to outperform gold BROKERAGE INDUSTRY: 20,000 Robinhood traders are in for...Read More
Chinese state media has continued to indicate Western media is 'hyping' the dam's collapse. Flooding this week is expected to continue on the Huaihe River with no signs of abating. Continue...Read More
"We agree that white people's skin color plays into systemic inequalities and injustices, and we want our journalism to robustly explore these problems." Continue...Read More
Max and Stacy ask Craig Hemke why it is that these retail investors are not panic buying gold in the same way they are chasing bankrupt stocks higher. Continue...Read More
This week's EU announcement of a massive coronavirus bailout - featuring the first-ever "common" bond issuance - marks the birth of this new integrated Europe, in which all future debt is defacto German rather than French, Greek, etc.Continue...Read More
So here we are today, watching the Fed conduct another secret multi-trillion dollar bailout of Wall Street while the voices of Congress and mainstream media are no where to be heard. Continue...Read More