Ely Gold Royalties closed a 15% net profit royalty interest on Nevada claims. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release that it closed the acquisition of a 15% net profit royalty interest from Liberty Gold Corp.The percentage stake encompasses net profits from the recovery and sale of minerals from specific unpatented mining claims in Nevada's Mineral County. It...Read More
Sector expert Michael Ballanger breaks down the latest market moves and charts a "course of action." As I begin the weekly missive here on Thursday, the U.S. equity markets are experiencing the worst daily assault since that fateful day back in 1987, when the Dow lost 23% in a single trading session, sending thousands of Gucci-clad stockbrokers to the Sears re-fit aisle. Being the incredibly pres...Read More
Below is a monthly chart of HUI telling some stories of the past.The 2003 to 2008 bull rally ended with Huey’s “crown of thorns” as I used to call it back then. An H&S that formed at the end of a great inflationary phase in the markets.The great crash of 2008 (Armageddon ’08) was completely deserved because as I’ve belabored for so many years now, you don’t...Read More
Ron Struthers of Struthers' Resource Stock Report discusses the current market meltdown and the longer-term outlook for the markets and gold.Although I know of some great companies and stocks out there, it is best just to wait. Markets are going a lot lower and investors in the main indexes and techs won't have a recovery in their portfolios for many, many years. Gold is being sold down too at tim...Read More
Gary SavageCrash webinarI will do a webinar Tuesday morning outlining why this market crash occurred, the tools I used to predict it ahead of time, a brief tutorial on cycles, and where I think we're going from here (we're due for a convincing bounce soon) and also what I think is in store for the metals market over the next month. The price of the webinar is $50 this will include a 1 month sub...Read More
Steve St. Angelo, SRSrocco Report The world is heading towards a global depression, but the market hasn't quite figured it out yet. Unfortunately, many analysts and economists continue to believe that the worldwide contagion will be generally short-lived, suggesting growth will return in the second half of the year. A perfect example is the overly optimistic forecasts of global oil demand by...Read More
"It is better to have and not need than to need and not have."- Franz KafkaUnderlying Conditions That Could Cause a CrisisI first wrote this guide in 2008, as the financial markets started to fall apart. I had concerns that the fiat fractional reserve monetary system could collapse, with bank runs, a dollar crash, supply chain disruptions, and rioting. The FED came to the rescue and pledged taxpa...Read More
QUESTION: You say that the reason why gold went up when the stock market crashed in 1929 is because gold was money back then. But what if you have it the other way around, and the reason why the USD was strong was because it was backed by gold back then? Now the USD is a fiat currency backed by nothing. Maybe the springboard bounce in prices will be in commodities?RRANSWER: Gold acts completely di...Read More
Below is a monthly chart of HUI telling some stories of the past.The 2003 to 2008 bull rally ended with Huey’s “crown of thorns” as I used to call it back then. An H&S that formed at the end of a great inflationary phase in the markets.The great crash of 2008 (Armageddon ’08) was completely deserved because as I’ve belabored for so many years now, you don’t...Read More
Ron Struthers of Struthers' Resource Stock Report discusses the current market meltdown and the longer-term outlook for the markets and gold.Although I know of some great companies and stocks out there, it is best just to wait. Markets are going a lot lower and investors in the main indexes and techs won't have a recovery in their portfolios for many, many years. Gold is being sold down too at tim...Read More
LONDON, 16 March 2020 - Comment from BullionVault features today in a report from major US finance news-site CNBC.Markets are seeing a "dash for cash" CNBC quotes Adrian Ash, director of research, with some traders and investors also taking profit in gold while Asia's typically strong consumer demand is missing thanks to anti-virus lockdowns.Read Adrian's full analysis at CNBC here:Gold falls belo...Read More
"It is better to have and not need than to need and not have."- Franz KafkaUnderlying Conditions That Could Cause a CrisisI first wrote this guide in 2008, as the financial markets started to fall apart. I had concerns that the fiat fractional reserve monetary system could collapse, with bank runs, a dollar crash, supply chain disruptions, and rioting. The FED came to the rescue and pledged taxpa...Read More
Bob Moriarty of 321gold explains why he believes the world is in uncharted waters. We have sailed off the map of the known world into totally uncharted waters. No one, including me, knows exactly where we are or where we are headed. But hic sunt dracones is an excellent warning, here be dragons. If I was still flying and needed to give a brief to my passengers, I'd be saying, "I have some good ne...Read More
Adam HamiltonArchivesMar 13, 2020 With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this week they are finishing reporting their Q4'19 results, which were incredib...Read More
Sector expert Jay Taylor of J. Taylor's Gold, Energy & Tech Stocks lays out his investment thesis for Gold Terra Resource and the potential of its Yellowknife prospect. Stock photo Gold Terra Resource Corp. (YGT:TSX.V; TRXXF:OTC; TXO:FSE) (160,493,235 shares @ US$0.18 = US$28.9 million market cap)I have picked up a few shares of Gold Terra because I think things may be about to get exciting for t...Read More
By: Ira EpsteinGold 18 week moving average near $1,542, trying to hold the lows here but now need to see what the market does..Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 336,29036,75954,064182,948511,252573,302602,075 Change from Prior Reporting Period -29,883-9,681-31,2954,814-17,893-56,364-58,869 Traders 20177796158300183 Small Speculators LongShortOpen Interest 60,16831,395633,470 -2,151354-58,515 non reportable positi...Read More
Do not look at corona virus news. It will only result in you making a wrong decision. Think long term. Thing strategically and then invest. Do not try to play the T20 cricket game. Hit or miss way of investing will result in more misses or more losses. Invest with a 5 day cricket test match view. A good investment call and you can easily make over hundred percent return before Christmas. Asian n...Read More
Oil and gold also logged brutally sharp weekly lossesThe Dow finished an ugly week on a high note, as Wall Street recouped some of the historic losses it suffered in the last five days. The blue-chip index posted its best percentage gain since October 2008, adding huge last-minute gains after a news conference from President Donald Trump, who declared the coronavirus outbreak a national emergenc...Read More
We took a closer look at what SPY level you should watch before March expirationTriggering yet another whirlwind week on Wall Street, coronavirus fears continue to rise, as a rapid increase in cases both worldwide and within the U.S. shake investors. Markets began the week with catastrophic losses, including that of oil, which experienced its worst single-session drop since 1991. The broad market...Read More