"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More
Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More
Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More
(Corrects attribution in 13th paragraph) * Silver hits more than four-year peak* Palladium reaches highest in nearly three months * Global shares gain on EU recovery fund and vaccine hopesBy Eileen SorengJuly 21 (Reuters) - Gold rose more than 1% to a nine-yearhigh on Tuesday, propelled by a softer dollar and expectationsof more stimulus measures to resuscitate pandemic-hit economies,while silver...Read More
Jack ChanPosted Jul 20, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data on gold is supportive for overall higher prices.Data is also supportive for overall higher silver prices.Our ratio...Read More
Bob Moriarty ArchivesJul 21, 2020I do hope my readers by now understand that we have entered the Greatest Depression. Infourteen weeks some 51.3 million Americans filed for unemployment.Many will not be returning to their original job as it no longer exists as airlines, major chains, restaurants and cruise ships entered bankruptcy. This is not the beginning of the end of the depression; indeed it...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 21, 2020 Gold looks superb, silver looks better, and the miners look best of all. These are the main facts for investors to keep in mind at this point in “gold bull era” time. Pleaseclick here now. Double-click to enlarge this “breakout over $1800”gold chart....Read More
David HaggithIt's time to show you're Fed up! Get mad as hell! Don't take this any more! Scorch the earth with your rage! Yell from the rooftops! Stick your head out the window and scream! Fight the economic injustice that serves the rich! Kick political asses, and kick them hard! Don't just whine, do something about it!Ten commandments to show you're Fed up!1) End manipulated markets by taking...Read More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More
Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More
Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More
James Kwantes of Resource Opportunities profiles a company with a project in Quebec's Abitibi Greenstone Belt. Chevrier Drill RigGenesis Metals Corp. (GIS:TSX.V; GGISF:OTC) is building ounces and grade at its Chevrier project in Quebec's Abitibi Greenstone Belt, as Phase 1 drill results outline growing zones of higher-grade material within the existing Main Zone deposit. The drill results are ch...Read More
Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment. Global stock markets zooming ahead amid historic unemployment and economic contraction is surreal. Half of the U.S. has been locked down, with economies virtually shut, a second virus wave appears underway and yet the stock market is almost back to February's a...Read More
Bob Moriarty discusses the company's off-the-charts drill results at its Nevada silver project. Blackrock Gold Corp. (BRC:TSX.V; BKRRF:OTCMKTS) announced the first drill results from their latest program at their 100% controlled Tonopah West silver project in Nevada.Hole TW20-001 showed two massive silver intercepts. The highest grade was the 2,198 g/t Ag over 3.04 meters.Another layer that was t...Read More
Group Ten Metals announced it has closed a CA$4.5 million private placement financing and is now launching phase two of its exploration program at the Stillwater West PGE-Ni-Cu-Co project in Montana. In a news release,Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) reported that it has closed its previously announced CA$4.5 million financing, subject to the final approval of the TSX Vent...Read More
You may have heard that gold typically rallies seasonally from themiddle of the year. This trend is driven by jewelry demand, which increasesahead of the Christmas business, the Indian wedding season and the Chinese NewYear celebrations on the back of advance purchases by jewelers, which tend to putupward pressure on prices. But what about the seasonal trend in gold stocks? Since the earnings ofgo...Read More