Sec Pompeo announced today that Elliott Abrams will lead @StateDept efforts on Venezuela to help the Venezuelan people fully restore democracy and prosperity to their country. Continue...Read More
A BMO Capital Markets report recapped Q4/18 and 2018 gold and silver production figures and compared those to its own estimates. In a Jan. 23 research note, analyst Andrew Kaip reported Fresnillo Plc (FRES:LSE) was generally in line in terms of production for Q4/18, which resulted in the mining company meeting 2018 guidance for gold but missing guidance for silver "by a hair." For gold production...Read More
If you have been following some of the research posts by some of the biggest names in the precious metals industry, you may understand “why” so many people are so excited about the opportunities in Gold and Silver recently. There are so many facets to the fundamental and emotional functions of precious metals as an industrial commodity as well as a safe-haven investment to protec...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up Greg Weldon of Weldon Financial joins us for a 2019 outlook. I’ll ask him if the thinks the recent stock market rally has legs – and also for his forecast for gold this year. And Greg has some very interesting news regarding the yellow metal which – to his surprise – hardly anyone knows about...Read More
This week, the global elite descended private jets to their version of winter ski-camp - the lifestyles of the rich and powerful version. The World Economic Forum's (WEF) five-day annual networking extravaganza kicked off in the upscale ski resort town of Davos, Switzerland.Every year, the powers-that-be join the WEF, select a theme, uniting some 3000 participants ranging from public office hold...Read More
This week, the global elite descended private jets to their version of winter ski-camp - the lifestyles of the rich and powerful version. The World Economic Forum's (WEF) five-day Continue...Read More
GoldSeek Radio's Chris Waltzek talks to Bill Murphy of the Gold Anti-Trust Action Committee and La Metropole Cafe. (http://www.gata.org/ http://www.lemetropolecafe.com/)Please Note that the video is not included in this version, but will be in the future.Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling b...Read More
By: Ira EpsteinStrong US Dollar has taken gold and silver out of their respective uptrends:Read More
If you have strong feelings about how the week is going to end on Wall Street, then perhaps you don't understand the situation. Although there was no bullish buying to speak of in the last five days, neither, evidently, was there any enthusiasm for dumping shares. The result was that the broad averages wedged a few inches higher, setting up a potential breakout that could see the Dow gain as muc...Read More
Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately predicted the implosion of the...Read More
Trump said he would sign a temporary funding bill that doesn't include money for a border wallThe Dow jumped out of the gate, as buzz over the Fed's balance sheet offset a negative earnings reaction for Intel (INTC). The bullish ball kept rolling after President Donald Trump signaled an end to the longest government shutdown in U.S. history. Specifically, POTUS said he would sign a stopgap spendin...Read More
How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More
There are a number of factors supporting gold prices at the moment, most notably a big drop for the US dollar. The US dollar has weakened sharply ahead of next week’s FOMC meeting amid growing expectations that the Fed will re-iterate the need to pause its hiking cycle. We have been growing negative towards the buck for a while now and this dollar sell-off does not surprise us at all. The se...Read More
European miners will maintain their position at the forefront of integrating technology, particularly in more developed markets, due to a highly skilled workforce and high levels of connectivity among the more developed economies, a regional overview published by Fitch Solutions reports. On a more sombre note, analysts predict high costs, a weak project pipeline and conservative company strate...Read More
NVDA is reacting to earnings from Intel and Western DigitalIt's been a choppy trading session for Nvidia Corporation (NASDAQ:NVDA) stock. The shares fell to their intraday lows early on a negative earnings reaction for Intel (INTC) and a downshift at Jefferies. However, NVDA stock was last seen up 1.4% at $160.07, potentially getting a halo lift from Western Digital (WDC), which is popping on an u...Read More
Citron thinks one U.S. Representative will be positive for the social media concernThe Dow is cruising today toward its longest weekly winning streak since August. Among names making notable moves are blockchain concern Overstock.com Inc (NASDAQ:OSTK) and social media entity Twitter Inc (NYSE:TWTR) are higher, while medical device maker Helius Medical Technologies (NASDAQ:HSDT) is lower. Below, w...Read More
Gold futures settled above $1,300 an ounce on Friday, with prices for the yellow metal at their highest since June as the U.S. dollar pulled back and investors eyed geopolitical turmoil and global growth worries. Rising gold prices reflect "political uncertainty" in the U.S., Eurozone, Venezuela and pockets of South America, as well as China-U.S. trade talks, said George Gero, managing director at...Read More
This update corrects the contract reference for gold to April, which has higher open interest volume than the February contract. AFP/Getty Images Gold futures for April delivery settled above $1,300 an ounce on Friday, with prices for the yellow metal at their highest since June as the U.S. dollar pulled back and investors eyed geopolitical turmoil and global growth worries. Rising gold prices ref...Read More
SIRF suggests the drug maker is "exploiting gaps" in the U.S. healthcare systemThe shares of drugmaker Corcept Therapeutics Incorporated (NASDAQ:CORT) are lower today, as traders digest a scathing report from the Southern Investigative Reporting Foundation (SIRF). In a nutshell, the report says Corcept epitomizes what's wrong with the U.S. healthcare system, laying out a case that the "small compa...Read More