the next big asset revaluation event as consumers continue to process the COVID-19 virus crisis and the consequences of this event.Continue...Read More
"You were too proud and too nationalistic to tell the truth, which you felt was a national disgrace, and which now became a global disaster."Continue...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
SDRs were originally intended as a kind of "paper gold." Once the IMF starts the printing presses, investors will probably favor real gold as the proper antidote.Continue...Read More
Since Bob and I last spoke the stock market has been on a tear and precious metals mining shares have also had a large rally. In our latest conversation Bob and I discuss a wide range of topics Continue...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
The pendulum has swung so far in the direction of centralization, oligarchy and authoritarianism that the whole thing is breaking down down under its own weight. Those in charge are doing everythingContinue...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
The next step, 3D modeling, is underway to define priority drill targets at Group Ten Metal's Montana project. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that 2019 exploration results showed wide, continuous mineralization starting from surface at the Chrome Mountain target at its Stillwater West project in Montana.The metals identified, which the Canadia...Read More
One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?US Inflation Rate Declines in MarchMany people are afraid that the coronavirus crisis will spur inflation. After all, the increased demand for food and hygiene products raised the prices of these goods. Moreover, the supp...Read More
One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?US Inflation Rate Declines in MarchMany people are afraid that the coronavirus crisis will spur inflation. After all, the increased demand for food and hygiene products raised the prices of these goods. Moreover, the supp...Read More
One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?US Inflation Rate Declines in MarchMany people are afraid that the coronavirus crisis will spur inflation. After all, the increased demand for food and hygiene products raised the prices of these goods. Moreover, the supp...Read More
One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?US Inflation Rate Declines in MarchMany people are afraid that the coronavirus crisis will spur inflation. After all, the increased demand for food and hygiene products raised the prices of these goods. Moreover, the supp...Read More
Adam HamiltonArchivesApr 17, 2020 Silver is blasting higher after mid-March's stock-panic-spawned near-crash. This normal oversold mean reversion looks like the start of something much bigger though. Speculators' positioning in silver futures utterly collapsed, leaving massive room for them to buy back in. And silver investment buying since the recent lows has been strong and relentless. All this...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort286,61734,11633,338116,839397,247436,794464,701Change from Prior Reporting Period 6,7373,1783,517-2,0462,7518,2089,446Traders19566684954275160 Small Speculators (C) GoldSeek.com LongShortOpen Interest 53,17125,264489,965 1,7074699,915 non reportable positionsChange from the pr...Read More
By: Ira EpsteinGold will react to Trump's new conference (just after this recording). Re-opening will be different, varying over the nation and economy. Health care near year's highs.Gold's short-term giving up gains. Swing-line down, bull's don't want to see..Read More
Focus is on how the world will move once the various nations open up. Gold and silver will break free from the recent range trade and form a new range. No need to worry. I will prefer till next week and then make decide on whether to make a new investment in gold or wait. In the short term selected stocks will give a much better return than gold. Silver should outperform gold as prices moves sho...Read More
Oil futures remained at their lowest since 2002The Dow extended its midday rally to end both the day and week higher thanks to a life out of Boeing (BA). However, it did pare earlier gains due to underperforming Apple (AAPL) and Amazon.com (AMZN). The Nasdaq and S&P 500 also ended the day and week in the black, boosted by optimism over Gilead Sciences' (GILD) potential coronavirus treatment. Loo...Read More
Boeing announced it will resume production next weekAmid the COVID-19 pandemic, it's an understatement to say the airline sector is taking a massive hit. The order book of jet makers and their deliveries has been impacted immensely, with Boeing Co (NYSE:BA) suffering a reported 313 cancellations mixed between contract terminations and future cancellations. Despite this, the aerospace giant plans...Read More
IBM is seeing resistance at the descending 40-day moving averageShares of blue-chip IBM (NYSE:IBM) are up 2.8% this afternoon, last seen at $118.89. The equity has been inching its way higher from its March 23, 11-year low of $90.56, and is now up 7% for the month of April. Today's gains has the tech name attempting yet another rebound close back above the 40-day moving average, a feat made just t...Read More