By Steve St. AngeloThe big question on the minds of most investors is what will happen to the markets and precious metals in 2019. Well, the answer depends mainly on two factors, the oil price and overall weakness in the economy. If the oil price continues to decline, it will indicate a deflationary outcome for the economy and markets.While this sounds counter to the notion that falling oil...Read More
By Avi GilburtRecently, one of my members was in attendance at the 32nd Economic Outlook Symposium hosted by the Federal Reserve Bank of Chicago. On the first day, he sat in a room with 150 economists. When asked how many see a recession in 2019, all of two hands went up.So, let me ask you a question: When was the last time the majority of economists correctly called for a recession? (I think...Read More
Lots and lots of US economic data releases are there today and till 14th December. Most traders believe that the trend of metals and the US dollar Index will be set after the release of US nonfarm payrolls tomorrow. I do not think so. Next week also there can be trend changing US economic data releases like retail sales and GDP numbers. Physical demand of silver is there in India and Asia. But q...Read More
When I was a young boy in elementary school, my rich dad was already putting ideas in my head about the differences between the rich, the poor, and the middle class.My rich dad would say, "If you want job security, follow your dad's advice" - my real father - "if you want to be rich, you need to follow my advice."Rich dad then went on to show me the difference between his investment plan and my da...Read More
Desperate times call for desperate measures.That is the justification for Canada’s most right-wing Province abandoning free market capitalism this week.On Sunday, the Alberta Government announced that it will be enforcing a mandatory production cut of 8.7 percent for all oil producers operating in the province.There is an exclusion for the really small operators, many of whom could be bankru...Read More
ELKO, Nevada, December 6, 2018 /PRNewswire/ --- U.S. Gold Corp. is approaching completion of a 6-hole, target-test, reverse circulation drilling program of approximately 10,000 feet (approx. 3,500m) - The drill program is testing a number of important target localities that were previously inaccessible because of permitting limitations - Drill samples are being sent to Bureau V...Read More
The already volatile stock markets were further spooked by the arrest of a Chinese tech mogul in Canada at the behest of the US government. Will markets continue to plunge and, if so, how low? Peter Schiff, CEO of Euro Pacific Capital, joins Rick Sanchez to share his insights and expertise Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/4-ris...In the most current Financial Stability Review by the ECB that list four key looming risks to financial stability, they are; Market sentiment might suddenly change (from positive to negative), Banks may lose their ability to finance the economy (as market deflation erodes reserves), Public and private debt may not be sustainable (...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
When I first wrote my best-selling book, An American Hedge Fund, several "financial experts" told me straight up that I was crazy.They didn't think average retail investors and traders would understand my niche strategy that, I'll admit, was definitely not "buy and hold."That is the mainstream's main investment strategy, a strategy that at best earns them 10% a year, maybe 20% in a truly exception...Read More
Closed yesterday to sob for Bush, Wall Street reopened for business today.It should have stayed closed.The stock market resumed precisely where it left off Tuesday... when the Dow Jones plunged 799 miserable points.It opened today down another 400 or so - and kept going.Only a miraculous late rally reversed the 780-point spiral... and the index closed just 77 points in red.Both the S&P and Nas...Read More
LONDON, 6 December 2018 - Investment rating service Morningstar today carries an interview with BullionVault director of research Adrian Ash on the outlook for gold in UK Pound terms in 2019."Markets are neither pricing in a bad Brexit nor the potential for a Corbyn Government," says the report, quoting Adrian, "whether that be before, during, or after said bad Brexit."If you think you can go to b...Read More
Christine Wang | Fred Imbert | Eustance HuangPublished6:36PM ET Wed,5 Dec 2018Updated1 Hour AgoCNBC.com show chapters Stocks whipsawed in a rollercoaster trading session — Here's what three experts say investors can do next 2 Hours Ago |03:34 Stocks closed well off their session lows on Thursday after news broke that the Federal Reserve could tighten monetary po...Read More
In its quest to become the sole owner of the Pinos gold project, Candelaria Mining (TSXV:CAND) is issuing 7,075,472 common shares to the shareholders of Minera Apolo, a move that will allow the Canadian miner to acquire the 40% it still didn't have of the Mexican company's shares."I am pleased to announce that Candelaria will hold 100% of the Pinos gold project. The recently released PEA shows tha...Read More
- Gold's "setup" is "similar to natural gas before its big rally"- Gold is gaining favour over stocks, bitcoin and cryptos- Metals may be primary beneficiaries of imminent greenback peak- Silver "appears ready for a potential longer-term recovery"- GoldCore editors note: Natural gas is 56% higher year to dateby Bloomberg Intelligence (appeared first on the Bloomberg Terminal)Metals should be pr...Read More
NOVA SCOTIA - Vancouver-based Atlantic Gold Corp. has updated the results for its most recent resource extension drilling at its three gold projects near Halifax.At the Touquoy gold deposit, intersects were of good lengths and there were some very high grades for an open pit project. Assays included 6.25 g/t gold over 6 metres; 5.19 g/t over 5 metres; 1.65 g/t over 16 metres; 1.64 g/t over 9 metre...Read More
Victoria Gold Corp. (TSXV: VIT) has increased the tonnage, gold grade and ounces in the measured and indicated category at its Eagle deposit in the Yukon, where the Toronto-based company expects to start pouring gold in the second half of 2019.Once in production, the open-pit deposit will produce about 200,000 ounces of gold a year for more than a decade, according to a 2016 feasibility study, and...Read More
Troilus Gold Corp. (TSX: TLG; US-OTC: CHXMF) has tripled its land position with the acquisition of 11,300 hectares to the northeast of its Troilus mine project in Quebec.Troilus is advancing its Troilus gold project immediately to the south, and has drilled more than 36,000 metres at the project this year.Last month the company updated the resource to 121.7 million measured and indicated tonnes gr...Read More
After three unsuccessful attempts to go lower currency bears finally gathered enough strength to launch the attack earlier today. Thanks to their action, USD/JPY declined sharply, erasing many days of increases generated by the bulls. How low can the currency pair fall in the coming days?EUR/USD - Trading in the Triangle Earlier today, EUR/USD increased above the upper border of the blue consolida...Read More