David contrasts today's market with that of the bull market of the 1970s. Back then the coinage had just separated from the silver standard to today's fiat standard. People at that time understood this would lead to problems. However, few recognize this fact today. He says, "From a value investor perspective, you need to consider that on an inflation-adjusted basis; silver is cheaper than it has e...Read More
A crucial theme from last year is continuing into this year - stock buybacks. Last year was a banner year for companies buying back their own shares. Continue...Read More
Things keep getting worse for pensions...If you've read Notes recently, you know the pension fund crisis is one of our major themes. Simply put, these giant pools of capital Continue...Read More
After decades of tirelessly serving as watchdogs on our behalf against corruption and lack of enforcement in the precious metals markets, the Gold Antitrust Action Committee finally has an ally in Washington DC. Bill Murphy, co-founder of GATA.org returns to Reluctant Preppers to give us his take on the latest upturn in the gold market, and what lies ahead for 2019!Bill Murphy is a former American...Read More
"Dog whistles," Jim Rickards calls them.Through these signals, in frequencies beyond the normal hearing... elites communicate with each other.The messages themselves are not in fact silent - they are audible to anyone with open ears.But open ears are not necessarily knowing ears…Only the intended audience can penetrate their true meaning.That audience is their fellow elites and policymakers....Read More
David Moadel discusses why it's exremely unlikley the Fed will embark on any sustained interest rate hiking policy in the foreseeable future. David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundame...Read More
"The sun has been without spots for seven consecutive days - a sign that Solar Minimum is underway."Continue...Read More
Gold is nearing a period of seasonal strength.Seasonal bias and seasonal trading are completely different.Modern statistics play a key role in assessing annual events.We have a seasonal trade coming in the April gold futures any day now. Our seasonal approach is a bit different than most in that we go beyond determining seasonal bias and create a thoroughly thought out trade, including a realistic...Read More
By: Ira EpsteinMetals very mixed going into the State of the Union address:Read More
The Macro Perspective During the past few years there has been a good correlation between the Gold and CNH. The Chinese Yuan has been a good proxy for US Dollar relative performance and risk on / risk off flows. As the Dollar strengthens, USDCNH naturally rises and vice versa. Gold, being an asset primarily denominated in USD, tends to follow short-term USD moves very well. A rising Dollar will ca...Read More
The S&P's win streak came to an end at five daysThe S&P 500, Dow, and Nasdaq all briefly flirted with positive territory today, but ultimately closed in the red. As such, the S&P ended a five-day win streak, while the Dow's own streak was snapped at three straight. On top of earnings from names like General Motors (GM) and Snap (SNAP), traders were also greeted with trade buzz early on, after Trea...Read More
These three names are making big moves in today's tradingAmid a relatively muted session for the broader equities market, several individual stocks are making big moves, including Apple supplier Skyworks Solutions Inc (NASDAQ:SWKS), "Call of Duty" creator Activision Blizzard, Inc. (NASDAQ:ATVI), and music streaming service Spotify Technology SA (NYSE:SPOT). Here's a quick look at what's moving the...Read More
Vancouver-based Genesis Metals Corp. has updated the resource estimate for its Chevrier gold project 30 km southwest of Chibougamau. Genesis is the 100% owner of the property.The estimate includes both the main and east zones, the east zone being 10 km northeast of the main zone. The main zone contains indicated resources totaling 10.8 million tonnes grading 1.22 g/t gold for 423,000 oz. of gold....Read More
A technical signal is threatening to send CCL stock even lowerThe shares of Carnival Corp (NYSE:CCL) have rallied off their Dec. 26 two-year low of $45.64 -- up nearly 29% since this bottom -- and recently closed their Dec. 20 post-earnings bear gap. However, the stock has sounded a historically bearish signal amid its rebound -- a sign that could suggests CLL could be headed for choppy waters. T...Read More
Gold futures settle lower Wednesday for a fourth straight session, but market bulls continue to expect global growth worries to keep a floor under the yellow metal. Gold for April delivery GCJ9, -0.27% on Comex lost $4.80, or 0.4%, to settle at $1,314.40 an ounce, following modest losses in each of the past three sessions. Prices settled at their lowest in a week. March silver SIH9, -0.20% decli...Read More
According to a new report by the World Gold Council, holdings in global gold-backed ETFs rose 72 tonnes in January to reach 2,513 tonnes (80.8m troy ounces), hitting the highest levels in nearly six years.In dollar terms net inflows in January equaled $3.1B with the value of gold held in ETF vaults reaching just shy of $107B by the end of the month, a 6% increase.January was the fourth consecut...Read More
According to a new report by the World Gold Council, holdings in global gold-backed ETFs rose 72 tonnes in January to reach 2,513 tonnes (80.8m troy ounces), hitting the highest levels in nearly six years.In dollar terms net inflows in January equaled $3.1B with the value of gold held in ETF vaults reaching just shy of $107B by the end of the month, a 6% increase.January was the fourth consecut...Read More
NYT shares are trading at 13-year highsNew York Times (NYSE:NYT) shares are up 12.7% today at $30.28, and earlier hit a 13-year high of $30.56. The company this morning posted stronger-than-expected fourth-quarter top- and bottom-line results, while also raising its dividend. Much of the strength stemmed from the media giant's digital efforts, where subscriber growth impressed -- a trend some anal...Read More
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially defined in its 2018 phase three resource definition drill program.Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold from 227 metres downhole including 1 metre at 466...Read More
If, as they say, it is darkest just before the dawn, then surely for gold at least, the sun must be cresting the horizon now ? After seven disappointing years - in US dollars at least - it is hard to shake off some scepticism. That said, gold is showing vigour in no less than 72 currencies where it is at or close to an all-time high. Looking ahead - it is our view that gold is currently firing on...Read More