"This is the 'Everything Bubble.' What happens when it bursts? We don't know. So, gold, to me, is the thing I want to own and hold when you have a systemic crisis."Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.co...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Washington state recently introduced bills for some of the strictest gun laws in the country but they have some very important opponents: the sheriffs.Continue...Read More
It's hard to think of two people who have had more success in resource investing than Casey Research founder Doug Casey and Rick Rule, the president and CEO of Sprott U.S. Holdings.Continue...Read More
Jason talks about the new data from Caterpillar, Apple, ratio of "present situation" to "expectations" from the Conference Board confidence report and also what GameStop said about credit for LBOs.Read More
Sixty-three out of America's most populous seventy-five cities don't have the money to pay their bills.Continue...Read More
Facebook has been paying people in secret to install an app that lets the social mediant giant collect data on how they use their devicesContinue...Read More
Jan. 25th, 2019(S14-E680)Featured GuestsCEO Paul Snow &Bill MurphyPlease Listen HereShow HighlightsBill Murphy of GATA.org returns to the show with fresh insights on the PMs sector.Palladium is key precious metal in the auto manufacturing sector used primarily for emissions reduction in gas engines.China and other BRICS nations are stockpiling the metal amid a global shortage.The price of Pall...Read More
Gold took wing Friday, energized by weakness in the dollar. The $23 upthrust stalled almost exactly at the 1302.90 Hidden Pivot midpoint resistance shown, validating both the bullish pattern and a 1330.40 target we've been using for the last week or so. (Note: These numbers differ slightly from the ones given here earlier because the pattern's point 'C' low changed.) The 1330.40 'D' pivot wil...Read More
US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More
We mentioned that the Friday session would decide the fate of our short position in EUR/USD. We witnessed a rebound and our positions were automatically (and profitably) closed. What kind of action is warranted, is it time to consider opening a long position or not? What about the Japanese yen and the Canadian dollar?Let's jump right into charts.EUR/USD - Sizable InvalidationThe weekly chart shows...Read More
All have large resources and solid production numbers.All are highly leveraged to higher gold/silver prices.All are in good locations and have quality management teams.All have good balance sheets and cost structures.In my previous article, I listed 15 gold and silver producers. These were the stocks that I thought would perform the best in a rising gold/silver price environment. It was inevitable...Read More
CAT and NVDA blamed slowing China demand for their weak forecastsStocks dropped out of the gate, on dismal guidance from construction heavyweight Caterpillar (CAT) and chipmaker Nvidia (NVDA), with both citing weak demand out of China. Sinking oil prices and reports of massive lost revenue for the U.S. because of the government shutdown only added to the risk-off backdrop. At the close, the Dow, S...Read More
The Kibali gold mine produced 807,2511 ounces of gold in 2018, above its target of 750,000 ounces and 35% higher than its output the previous year. This was achieved on the back of the successful ramp-up in underground production and a steady improvement in the processing plant recovery and throughput.Barrick president and chief executive Mark Bristow told a media briefing here today that the reco...Read More
The stock is suffering with fellow Dow and industrial name CaterpillarIn the wake of Caterpillar's (CAT) earnings miss, fellow industrial name and Dow stock 3M Co (NYSE:MMM) is also taking a hit. Ahead of its fourth-quarter earnings release, slated for tomorrow morning, 3M stock is down 1.5% at $192.90. MMM has attempted to rebound after bottoming out at a nearly two-year low of $176.87 on Dec. 2...Read More
Toronto's Wesdome Gold Mines is enjoying continued success as it chalks up more high grades from its exploration drilling program at the Kiena gold mine in Val d'Or. Focused on the Deep A zone, recent work has extended the zone both up and down plunge.The Deep A zone has yielded the following highlights since the recent resource estimate:Hole 6384A: 33.7 g/t gold over 30.6 metres core length (28.4...Read More
Avalon GloboCare stock has already tripled in 2019The Dow is getting wrecked today as Caterpillar (CAT) and chip stocks sell off. Biotech name Amgen, Inc. (NASDAQ:AMGN) and video game retailer GameStop Corp. (NYSE:GME) are under pressure, but drugmaker Avalon GloboCare Corp (NASDAQ:AVCO) has doubled in value today. Below, we'll take a look at what's moving the shares of AMGN, GME, and AVCO.AMGN...Read More
Friday's trading session was pretty bullish, as the broad stock market got back to its recent local high. Is this a topping pattern before another leg down or just some relatively flat correction within a new uptrend?The U.S. stock market indexes gained 0.8-1.3% on Friday, retracing their recent decline, as investors sentiment improved ahead of the quarterly corporate earnings releases, among othe...Read More
H.C. Wainwright has high hopes for the company's vaccineVaccine maker Novavax, Inc. (NASDAQ:NVAX) is in the spotlight today, after analysts at H.C. Wainwright initiated coverage of the penny stock with a "buy" rating. The brokerage firm also set a price target of $6 -- nearly triple NVAX's closing price on Friday -- waxing optimistic on Novavax's ResVax vaccine, which the analysts said could gener...Read More
Currencies rally on Friday... Will Draghi throw the euro under a bus today? Good Day… And a Marvelous Monday to you! It was a washed out weekend for yours truly, as S. Florida received as much rain in 2 days as they normally receive in 1 month… And… It’s supposed to be the “dry season”! But, I don’t let that get me down, for I know the...Read More