Since he stopped issuing promo-tweets about ICOs (after allegedly being threatened by the SEC), one-time PC security pioneer turned crypto true believer has been relatively Continue...Read More
After two straight months of increases, existing-home sales declined in the month of December, according to data released Tuesday by the National Association of Realtors.Continue...Read More
Since the days of Deng Xiaoping, the Chinese Communist Party has maintained its absolute authority over China's roughly 1.4 billion people via an explicit social contract: the CCPContinue...Read More
In this episode, three experienced resource investors will share their first-hand testimonies regarding the Vancouver Resource Investment Conference held on January 20-21, 2019. David Erfle of JuniorMinerJunky.com, Kerry Lutz of FinancialSurvivalNetwork.com and Brian Leni of JuniorStockReview.com share their key takeaways from the conference. They discuss sentiment among both investors and CEO's a...Read More
With consolidation in the industry and the need to replace reserves, a small-cap explorer in Nevada could benefit. Newmont Gold announced on January 14 that it was acquiring Goldcorp Inc. for $10 billion. The merger would create the world's largest gold producer.Consolidation in the industry further picked up steam at the senior level after Barrick Gold acquired Randgold in a deal that closed ear...Read More
CloseGain/LossGold $1284.60+$3.90Silver$15.33UNCHXAU68.74+0.53%HUI152.20+0.95%GDM572.33+0.18%JSE Gold1341.80+33.06USD96.36-0.01Euro113.63-0.03Yen91.65+0.41Oil$52.57-$1.2310-Year2.739%-0.048T-Bond145.21875+0.6875Dow24404.48-1.22%Nasdaq7020.36-1.91%S&P2632.90-1.42% The Metals: Gold dipped $3.80 to $1276.90 in holiday thinned trade yesterday before it bounced back to $1284.9...Read More
Thousands of political, business and cultural leaders are heading now towards Davos, Switzerland, to attend the World Economic Forum. On the eve of the world’s biggest annual gathering of the rich and powerful, the International Monetary Fund released its newest world economic outlook. What are the forecasts – and their implications for the gold market?Global Expansion WeakensWell, the...Read More
CloseGain/LossGold $1284.60+$3.90Silver$15.33UNCHXAU68.74+0.53%HUI152.20+0.95%GDM572.33+0.18%JSE Gold1341.80+33.06USD96.36-0.01Euro113.63-0.03Yen91.65+0.41Oil$52.57-$1.2310-Year2.739%-0.048T-Bond145.21875+0.6875Dow24404.48-1.22%Nasdaq7020.36-1.91%S&P2632.90-1.42% The Metals: Gold dipped $3.80 to $1276.90 in holiday thinned trade yesterday before it bounced back to $1284.9...Read More
By Ira EpsteinGold and silver both hold key support level of lower Bollinger Bands.https://www.iraepstein.com/ Read More
By Daniel R. Amerman, CFANumerous warning signals of a coming recession have appeared recently, and there have been rapid changes in bond prices, stock prices and Federal Reserve policies.Yet, the stock market indexes are rising again, and the economic and financial fundamentals remain strong in many ways. Are the widespread fears of recession overblown?In the search for answers, this analysis e...Read More
They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets. For much of the last decade many conservative market analysts have decried our reliance on monetary stimulus to prop up the economy and the stock market. But in the final months of 2018, in the face of the worst stock market declines in a decade, many of these suppose...Read More
By Michael J. Kosares"Although it is needed in good times, it can be vital when times are difficult."As a member of the British parliament in 1999, Sir Peter Tapsell, who passed away this past August, argued vigorously to keep the government from selling off over half of the country's gold reserves. Previously, in the 1980s, Tapsell had managed a gold bullion fund, "valued at many hundreds of mi...Read More
By Keith WeinerLast week, we joked that we don't challenge beliefs. Here's one that we want to challenge today: the dollar doesn't work as a currency, because it's losing value. Even the dollar's proponents, admit it loses value. The Fed itself states that its mandate is price stability which it admits means relentless two percent annual debasement (Orwell would be proud). So there is no questio...Read More
Graceland UpdatesBy Stewart Thomson 1. Is the price correction in gold already over? 2. Please click here now. Double-click to enlarge. I told investors to prepare for a modest and healthy correction from the $1300 area, and that's happened.3. Gold hasn't even reached the first Fibonacci retracement line after staging a magnificent rally from the $1173 area. That's a sig...Read More
By Frank HolmesStrengthsThe best performing metal this week was palladium, up 4.36 percent on acute supply tightness. JPMorgan sees additional upside to the price despite weaker auto sales. Gold traders and analysts surveyed by Bloomberg remain bullish on the yellow metal for a 10th straight week even as prices remain near the $1,300 level. ETFs added gold to their holdings for the 15th straight...Read More
Phoenix, Arizona (January 22, 2019) - An Arizona legislator has put forward a bill to de-risk the state's financial holdings with a modest allocation to physical gold and silver in the state's reserve fund.Introduced by Representative Mark Finchem (R-Tucson), the Arizona Sound Money Stabilization Act (HB 2500) requires that at least 10% of Arizona's Budget Stabilization Fund be held in the monet...Read More
Thousands of political, business and cultural leaders are heading now towards Davos, Switzerland, to attend the World Economic Forum. On the eve of the world's biggest annual gathering of the rich and powerful, the International Monetary Fund released its newest world economic outlook. What are the forecasts - and their implications for the gold market? Global Expansion Weakens Well, the title...Read More
CloseGain/LossGold $1284.60+$3.90Silver$15.33UNCHXAU68.74+0.53%HUI152.20+0.95%GDM572.33+0.18%JSE Gold1341.80+33.06USD96.36-0.01Euro113.63-0.03Yen91.65+0.41Oil$52.57-$1.2310-Year2.739%-0.048T-Bond145.21875+0.6875Dow24404.48-1.22%Nasdaq7020.36-1.91%S&P2632.90-1.42% The Metals: Gold dipped $3.80 to $1276.90 in holiday thinned trade yesterday before it bounced back to $1284.9...Read More
- Outlook for gold in 2019: IG TV Victoria Scholar interviews GoldCore- Given Brexit & Trump risk, trade wars & fragile economic growth, gold may gain 20%-25% in 2019- Palladium has surged to record highs and gold will play catch up in coming years and reach record highs again; Both nominal highs near $1,900/oz and inflation adjusted at much higher prices- Global demand will be strong in 2019 a...Read More
Risk of a sustained Chinese slowdown is higher after the Chinese president stressed the need to maintain political stability. Jobs are the key to every nation. Increase in joblessness will create political issues in communist China. Industrial metals can fall first or the pace of rise will reduce after comments from the Chinese president. The Chinese have started/intend to start a massive infras...Read More