COLORADO SPRINGS, April 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") announced today that Mexico extended its national health emergency for another 30 days until May 30, 2020 to combat the spread of the COVID-19 virus. The extension order was published April 21, 2020 in the Official Gazette of the Federation and extended th...Read More
"The stone age didn't end for lack of stone, and the oil age will end long before the world runs out of oil." Sheik Ahmed Zaki Yamani, Saudi Arabian lawyer & politician, Minister of Oil & Mineral Resources 1962-1986, and a Minister of OPEC for 25 years; b. 1930 You may ask yourselfWhat is that beautiful house?You may ask yourselfWhere does that highway go to?And you may ask yourselfAm I right...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his and are not investment advice.Breaking News:Exponential growth in COVID-19 cases is frightening, just like exponential growth in debt, government expenditures, and "borrow and spend" policies.The COVID-19, aka World War C, is a game changer, a reset.U.S. official cases on March 5 were 159.U.S. official cases on March...Read More
By Hubert Moolman 22 April 2019 During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing. Here is a chart of the US monetary base to illustrate the similarity: With the 2008 actions they were able to avoid the collapse until now. Will the c...Read More
By Ricky WenTuesday's session saw an immediate downside continuation based off of Monday's double top/lower high setup. Essentially, the bears broke support and hit a quick homerun into the daily 20EMA 2718 target on the Emini S&P 500 (ES), and then buyers/bulls showed up to put a temporary floor in place. It was a fairly simple trend day to the downside that could be classified as a 'gap down a...Read More
By definition, Black Swans in financial markets are rare, extreme events. How do you survive, possibly even thrive when the unthinkable happens? Let's evaluate the pros and cons of some Black Swan mitigation strategies:Black Swan betsNassim Taleb's best-selling "Black Swan" author has in the past suggested that he's constantly taking small losses in hopes of a big payoff some-day. The Pro: if th...Read More
TOO BIG TO FAIL?With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever. But he hasn't said why this would be a good thing. It's not as though we're all feeling sorry for the likes of Exxon and BP...Read More
By: Ira EpsteinIn a corrective mode. Gold's sell-off culminated on Tuesday? The gold swing-line above a $1768..Read More
Full Gold Crown FEB 2 2020 I posted the potential for this just as the virus was becoming a thing.https://goldtadise.com/?p=455805.................RAMBUS WEEKEND REPORT MARCH 2017"Below is a 75 year quarterly chart we were watching very closely during the last impulse move down, because it broke below the brown shaded support and resistance zone going all the way back to the early 1970's. When t...Read More
The correction in gold is over. Continue with a buy on sharp dips strategy in silver. Look for signs of trend reversal in copper and crude oil. Extreme leverage with crude oil is the key reason for crude oil and crude oil related stocks to fall. At the end of the day fundamentals are the key. Now you know the real price of crude oil. Now you know how much you were being duped for your petrol/gas...Read More
The new coronavirus has already infected the global economy. The global lockdown means that recession is inevitable. The central banks all over the world have stepped in, including the Fed, cutting interest rates and pumping liquidity into the system. We invite you thus to read our today’s article about the monetary policy in time of plague and find out what the fresh central banks’ ba...Read More
The new coronavirus has already infected the global economy. The global lockdown means that recession is inevitable. The central banks all over the world have stepped in, including the Fed, cutting interest rates and pumping liquidity into the system. We invite you thus to read our today’s article about the monetary policy in time of plague and find out what the fresh central banks’ ba...Read More
The new coronavirus has already infected the global economy. The global lockdown means that recession is inevitable. The central banks all over the world have stepped in, including the Fed, cutting interest rates and pumping liquidity into the system. We invite you thus to read our today’s article about the monetary policy in time of plague and find out what the fresh central banks’ ba...Read More
By: Gary SavageThe market top is next not going to happen until May, maybe in June..Gary Savagehttps://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold losing momentum and changing into a negative state..Read More
Gold and silver should rise after crude oil bust up. First casualty of the crude oil bust as Singapore Police probe Hin Leong After $800 Million Oil Losses. There will be more. I remember in 2009 during the natural gas price bust, a lot of hedge funds vanished. Red Kite and copper everyone one remembers. There will be a lot energy traders who have been busted. Large hedge funds and state backed...Read More
Both gold and June-dated crude fell lowerThe Dow closed in the red, extending its losses from midday, following a second day of heavy losses for oil. Also weighing heavy for the blue-chip index is Boeing (BA) and Merck (MRK). Meanwhile, all eyes are on Washington, D.C., as the Senate managed to reach a deal for a $484 billion coronavirus relief package, aimed toward small businesses, testing, and...Read More
There is plenty of room for analyst upgrades in this "buy" cycle Consumer products staple Procter & Gamble Co (NYSE:PG) is fresh off an upbeat post-earnings reaction from Friday. In addition to the shares coming off a $300 billion market cap near the $121 level, earlier in the week PG broke out of a trendline connecting lower highs since late February. In other words, the blue chip has support in...Read More
Beyond Meat will launch products in Starbucks' China locations this weekStarbucks (SBUX) announced yesterday that it would roll out its new plant-based lunch menu in China this week, with stores reopening amid an apparent slowdown of the coronavirus in the region. Many of the menu items will feature products made by Beyond Meat Inc (NASDAQ:BYND), marking a massive step for the company as it looks...Read More
All three benchmarks are off by 2% or moreThe Dow Jones Industrial Average (DJI) is once again stuck deep in the red, down over 700 points at last check asoil prices cripple Wall Street. While May-dated crude futures --set to expire at the close today -- crossed back into positive territory at midday, panic around black gold remains amid plunging demand and soaring storage. Additionally, the S...Read More