By Frank HolmesIf you've run into difficulties lately finding the best gold stocks to invest in, you're not alone. Sentiment has been down. But there are still some very attractive opportunities out there in the goldfields, one of which I want to share with you.First, a quick recap: The price of gold tested support of $1,200 an ounce on Monday as the U.S. dollar strengthened to a 16-month high,...Read More
Highlights Rob Kirby of Kirby Analytics sees extreme risks ahead for the financial markets via a shattered US accounting system.The missing $21 trillion dollars (size of US National Debt) in government funds, is possibly held by the exchange stabilization fund (PPT). One likely use for the missing funds could involve the purchase of new US Bond issuance's, given the few foreign purchases of US d...Read More
TSX Venture Exchange: BSK Frankfurt Stock Exchange: MAL2OTCQB Venture Market (OTC): BKUCFVANCOUVER , Nov. 15, 2018 /CNW/ - Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF, "Blue Sky" or the "Company") is pleased to report high grades of uranium and vanadium in initial pit samples located a kilometre west of the Ivana Uranium-Vanadium deposit on its wholly-owned Amarillo Grande...Read More
By RambusBefore we look at tonight's charts I would like to take a minute to discuss trading the three X leveraged etf's. Leveraged etf's aren't for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when they go against you. For the average investor a 1 X leveraged etf is all they can handle and that should be fine. When you...Read More
By Avi GilburtThere were several developments in the gold market last week. First, we heard of another trader who has pleaded guilty to "manipulating" the metals market. And, everyone is up in arms again about how gold was manipulated to drop from $1,921 to $1,040 during 2011-2015.And, yes, they are all again saying "ah ha - you see, we were right."But, as I have said so many times before, what...Read More
China has developed tremendously in recent years. But what's next? Is the country entering the growth recession? And how it will affect the world and the gold market? A New Chapter in China We have not analyzed the publications of the World Gold Council for a while. Let's make it up, starting with the newest edition of Gold Investor. The report is about China and its remarkable transformation...Read More
CloseGain/LossGold $1213.30+$1.40Silver$14.29+$0.14XAU64.99+2.30%HUI146.41+2.06%GDM532.07+1.79%JSE Gold1108.65+27.91USD97.05+0.13Euro113.34+0.14Yen88.24+0.09Oil$56.46+$0.2110-Year3.113%-0.009T-Bond138.90625+0.03125Dow25289.27+0.83%Nasdaq7259.03+1.72%S&P2730.20+1.06% The Metals: Gold gained $4.30 to $1216.20 in Asia before it fell back to $1208.10 in London, but it then ch...Read More
The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May's UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit.Gold in GBP (24 Hours)The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from ?923 to ?947 per ounce in sterling terms.The pound slumped the most in more than...Read More
The tax law is a series of stimulus packages for business owners and investors. Nowhere is this truer than for real estate investors. I'm not talking about people who fix and flip real estate. They are not investors. I'm talking about those who buy, improve, and hold on to real estate for long-term investment.As an incentive for investors to buy, improve, and hold real estate, the government gives...Read More
Last month I warned you that we were entering this winter facing a very real chance of a spike in natural gas prices.Here we are just a couple of weeks later and that natural gas price spike has already taken a pretty major first leg up.Since the start of November, the commodity has already skyrocketed 25 percent higher than when I wrote to you.That is a big move in such a short period of time, ev...Read More
Nov 16, 2018 Guest(s): Cal Everett President, CEO & Director, Liberty Gold When it comes to whether or not the mining industry has reached peak gold, the numbers speak for themselves, said Cal Everett, President, CEO and Director of Liberty Gold. "The declining production curves of the intermediate-major producers are rolling over right now. You can see that on a quarter by quarter basis every t...Read More
Nov 16, 2018 Guest(s): Jim Rogers Famed investor Jim Rogers, chairman of Rogers Holdings, told Kitco News that while he is not yet buying gold at current levels, a rebound in the yellow metal could cause it to overheat. "Before this is over, gold could turn into a very overpriced asset, it might even turn into a bubble," he said.Rogers noted that while he holds physical gold, he would not buy m...Read More
"He [Powell] could have leeway with inflation falling back underneath the Fed's 2% target, so that he actually has formal cover to pause."Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author...Read More
The Dow and the S&P 500 could be cut in half and they would still be overvalued, Fund Manager Dave Kranzler tells Silver Doctors. Kranzler thinks the fundamentals are showing the economy is headed south more quickly than many people are expecting. Kranzler estimates that the 2019 fiscal deficit could end up as high as $1.8 trillion, the largest in history. In that case, interest rates would need t...Read More
According to a new report from the U.K.'s Children's Commissioner's Office, by the time a kid becomes a teen in today's world, their parents will have uploaded an average of 1300 photos and videos of them. Add in any media kids post of themselves, and by the time they're 18, they'll have about 70,000 photos and videos of themselves online. And the implications are massive. The Resident breaks it d...Read More
You may have heard that the near-record stock market internals have turned ghastly, where most companies are lagging, leaving only a few standard-bearers to prop up the nameplate DJIA index (which gets all the news coverage, in the name of our "strong" economy.) But what you aren't being told is that the pool of buyers who are actually purchasing stocks and keeping even the few market leaders prop...Read More
The Bank of England claims to be one of the largest physical gold custodians in the world, holding gold Continue...Read More
The recent upswing in NG prices has been an incredible trade for many, yet we believe a top is now forming in Natural Gas that could catch many traders by surprise. The recent upside gap in price and upward price volatility would normally not concern long traders. They would likely view this as a tremendous success for their long NG positions, yet we believe this move is about to come...Read More
People say that speech is silver, silence is golden. Well, not always. The recent FOMC monetary policystatement is the best example. Lets’ read out today’s article and find out why.Nothing Changes in NovemberOn Thursday, the FOMC published the monetary policy statement from its latest meeting that took place onNovember 7-8. In linewith the expectations, the US central bank kept the fed...Read More
Crude oil can rise anytime. Momentum can reverse on value-based buying. I am satisfied with the gold price performance yesterday. It did not nosedive. If gold and silver do not fall today, then there will be short covering and a rise. Any reconciliation between China-USA on the trade war issue will be bullish for copper and industrial metals. Right now everything is mere speculation. Next week...Read More