Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Erik Townsend and Patrick Ceresna welcome Russell Napier back to MacroVoices. Erik and Patrick discuss treasury bonds, China and the tightening of Chinese monetary policy. They ask which central bank is dictating global inflation, the fed monetary policy and ask if the Fed is out of bullets? They end with an outlook for developed stock markets and ask if the decade long bull market over?Read More
*This interview was first published on 1/11/19Doug Casey, an American writer, speculator, and anarcho-Capitalist walks us through his early life and how he became a household name in the Libertarian world of Anarchists. In this interview with Doug Casey from International Man & Casey Research, we talk in depth about the writings of some of the most influential people in this field, what our govern...Read More
Goldman Sachs raises its gold forecasts to $1,325, $1,375 and $1,425 per troy ounce over the next three, six and 12 months respectively.The bank cites "a sharp deterioration in risk sentiment following soft macroeconomic data in December and renewed concerns about the future direction of growth."Yun Li| @YunLi626Published4:32PM ET Thu, 10 Jan 2019Updated 5:15PM ET Thu, 10 Jan 2019CNBC.com Chris...Read More
By Ira EpsteinThe Fed is pausing, rallying gold - higher lows, higher highs:Read More
The US dollar could pare some of yesterday losses which have been spurred by series of dovish comments from the Fed officials. EURUSD is now trading near 1.1520, after reaching 1.1569 and the pair is still well-exposed to testing of 1.15 psychological level as a supporting level has been forming previously resistance in front of the pair on last Nov. 7. St. Louis Fed Governor James Bullard warned...Read More
Oil prices rose for a ninth straight sessionThe Dow explored a 311-point range on both sides of breakeven. Fueling the choppy trading were weakness in retail stocks after several retailers -- including Macy's (M) and Kohl's (KSS) -- reported dreary holiday sales numbers, uncertainty surrounding the ongoing government shutdown, and a warning on U.S. debt levels from Fed Chair Jerome Powell. However...Read More
The falling dollar index has paved the way for even higher gold prices.Euro currency strength is further confirmation of gold's positive outlook.Gold mining stocks are also showing signs of further recovery.With a plethora of positive factors behind it, gold has out-shined most assets in recent weeks. But just when it looked like perhaps gold had reached the limits of its upside potential, a n...Read More
Immunomedics stock could pare recent gains, if history is any indicatorThe shares of Immunomedics, Inc. (NASDAQ:IMMU) have rebounded from their annual low of $12.86 on Dec. 20, and were last seen 2.2% higher on the day to trade at $17.62. However, traders might want to exercise caution before jumping in on IMMU, with the biotech stock running up to a key trendline -- a signal that, if history is...Read More
Benefit from a stock's move higher while reducing your dollars at riskThe past few months have been wild on Wall Street, and while the stock market has bounced from its Christmas Eve drubbing, many investors are still nervous about another leg lower. However, there's an options strategy for shareholders who want to minimize their capital at risk without totally exiting the game: the stock replacem...Read More
The quip, "if you aren't confused, you aren't paying attention" needs to be replaced: "with the Fed confused, you better pay attention." You may want to buckle up. Let me explain. It all starts with the Fed... In assessing our crystal ball for 2019, the starting point is the Federal Reserve (Fed) because they provide an anchor for the price of risk-free assets (Treas...Read More
Biotech stock AMRN is heading toward a 34% gain this weekStocks are cautiously higher, but gains are capped by subpar holiday sales data. Among stocks making notable moves higher today are beer maker Constellation Brands, Inc. (NYSE:STZ), cardiovascular disease specialist Amarin Corporation (NASDAQ:AMRN), and casino name MGM Resorts International (NYSE:MGM). Below, we'll take a look at the new...Read More
Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs at its Carlin mining operation in Nevada after deciding to reduce the life span of one mine and suspending part of another due to a wall slide, a spokesman said on Thursday.The Denver, Colorado-based company announced the cuts to its workforce and union on Jan. 7 and is in the process of informing affected employees, Newmont...Read More
Alamos Gold (TSX: AGI) of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions.Results from the Western extension include surface hole MH16-03 with 152.07 g/t gold (36.74 g/t cut) over a true width of 5.0 metres. Other assays from that hole were 12.98 g/t gold...Read More
Toronto-based Barkerville Gold Mines has received assays from 50 more of the 231 holes it drilled last year at the Cow Mountain gold property in its flagship Cariboo gold project in British Columbia. High grade mineralization within vein corridors and extensions down dip and down plunge was identified.The best hole assayed 8.70 g/t gold over 3.4 metres, including 169.50 g/t over 0.5 metre. The...Read More
The sector is reacting to disappointing holiday sales dataRetail stocks are getting hit hard today as several retailers -- including Macy's (M) -- report dismal holiday sales data. At last check, the SPDR S&P Retail ETF (XRT) was down 2.5% to trade at $43.22. Volume is ramping up in XRT's options pits, too, with speculators targeting short-term contracts on the retail-heavy exchange-traded fund (E...Read More
Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More
Gold futures finish lower Thursday after failing to overcome resistance at the psychologically important $1,300-an-ounce level, but remained on track for a modest weekly gain as a result of overall softness in the dollar. February gold GCG9, +0.15% fell by $4.60, or 0.4%, to settle at $1,287.40 an ounce after trading as high as $1,298. The yellow metal was up a modest 0.1% in the week to date an...Read More
Stocks slightly extended their uptrend again yesterday, as investors' sentiment remained bullish following last Friday's rally after better-than-expected monthly jobs data release. So will the uptrend continue? Or is this still just an upward correction before another leg lower?The U.S. stock market indexes gained 0.4-0.9% on Wednesday, extending their short-term uptrend again, as investors' senti...Read More
Many options traders may be closing positionsWeed stocks have received plenty of attention in 2019 already, with multiple firms saying they're bullish on the sector for the year. Canopy Growth (CGC) is leading the charge, and options traders are also targeting sector peers Tilray Inc (NASDAQ:TLRY), Aphria Inc (NYSE:APHA), and Aurora Cannabis Inc (NYSE:ACB). Below is a brief breakdown of today's ca...Read More