Last month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing – a case of "great minds thinking along similar lines"?Please take time to read or review that Money Metals Exchange Post of August 28.I made the case of a misalignment in the prec...Read More
CloseGain/LossOn WeekGold $1233.10-$0.10-0.07%Silver$14.75+$0.01+0.34%XAU67.19UNCH+3.10%HUI149.44-0.20%+3.31%GDM546.24+0.37%+2.92%JSE Gold1133.17-6.35-6.63%USD96.45+0.18+0.10%Euro113.95-0.16-0.22%Yen88.41-0.46-1.13%Oil$63.14-$0.55-4.03%10-Year3.215%+0.076+4.42%Bond137.15625-1.28125-1.59%Dow25270.83-0.43%+2.36%Nasdaq7356.99-1.04%+2.65%S&P2723.06-0.63%+2.42% The Metals: Gol...Read More
By Ira EpsteinGold will react to how Tuesday night election results come in.https://www.iraepstein.com/ Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort168,754155,56091,460165,857197,062426,071444,082Change from Prior Reporting Period -23,824-7,63017,5102,443-12,872-3,871-2,992Traders17593885651274194 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,87030,859474,941 980101-2,891 non reportable positionsChange fr...Read More
By Peter Degraaf The Price of Gold appears to have bottomed, after declining since 2011. Here is a look at the weekly trend. Gold has carved out an ABC bottom, (C above A followed by a rise above B). The breakout at the blue arrow overcame six months of resistance. Price is now tackling the 200 week moving average at the green arrow. This chart courtesy Bloomberg.com shows the number...Read More
A very significant, very loud, very nasty warning signal has been given. It is extremely important for those who choose to live in the world of reality, and not the fantasy world from the US financial markets. The Reich theme of sluggish economic recovery is a total lie, since the recession which began in 2006 has repeated each and every year since then. The deception is derived from the wrong (...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Dr. Chris Martenson of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global economics, financial markets, governmental policy, precious metals and the importance of prepar...Read More
Episode 9: Fall Of Empires: Rome vs USAEpisode 10: American Bread & Circus Read More
The gold miners' stocks suffered a rough late summer this year. A rare forced capitulation walloped them to deep new lows, short-circuiting their usual autumn rally. That's left this sector anomalously low as the subsequent winter rally gets underway, gold stocks' strongest seasonal surge of the year. Starting from beaten-down levels after skipping the prior seasonal rally gives gold stock...Read More
By David Brady, CFAGold remains stuck in a range, but has begun testing that range recently. On the downside, it broke 1219 support on Wednesday, the prior double bottom, and then stalled at 1214. On the upside, it hit 1246 on Monday, and following Wednesday's visit to 1214 it jumped back up towards 1240 yesterday. With 1251 being the 38.2% Fibonacci retracement of the entire decline from 1360 t...Read More
The "public pension crisis" is the kind of subject that's easy to over-analyze, in part because there are so many different examples of bad behavior out there and in part because the aggregate damage these entities will do when they start blowing up is immense. But most people see pensions as essentially an accounting issue - and therefore boring - so it doesn't pay to go back to this particular...Read More
After a volatile month, which is being called "Red October," our latest video update was released and we considered the sharp fall in stock markets globally, falling property markets in the UK and Australia and gold's safe haven gains in all currencies.Gold acted as a hedge in all currencies in October, rising 1.7% in dollars, 4.4% in euro terms and 4.2% in sterling terms. Bitcoin and other c...Read More
Cranbrook, B.C., November 1st, 2018: Eagle Plains Resources Ltd. ("EPL":TSX-V, or "Eagle Plains") and Rockridge Resources Ltd. ("ROCK" TSX-V, or "Rockridge") have entered into an agreement (subject to regulatory approval) whereby Rockridge may earn a 100% interest in Eagle Plains' 100%-owned Knife Lake Project, located approximately 50 kilometers northwest of the community of Sandy Bay, Saskatch...Read More
CloseGain/LossOn WeekGold $1233.10-$0.10-0.07%Silver$14.75+$0.01+0.34%XAU67.19UNCH+3.10%HUI149.44-0.20%+3.31%GDM546.24+0.37%+2.92%JSE Gold1133.17-6.35-6.63%USD96.45+0.18+0.10%Euro113.95-0.16-0.22%Yen88.41-0.46-1.13%Oil$63.14-$0.55-4.03%10-Year3.215%+0.076+4.42%Bond137.15625-1.28125-1.59%Dow25270.83-0.43%+2.36%Nasdaq7356.99-1.04%+2.65%S&P2723.06-0.63%+2.42% The Metals: Gol...Read More
Full Article: SWOT Analysis: Money Managers Left Gold Shorts at a Record PaceBy: Frank HolmesStrengthsThe best performing metal this week was palladium, up 2.16 percent as hedge funds boost their net long position to a 7-month high on supply concerns. Traders and analysts in the weekly Bloomberg survey were the most bullish in a month as gold heads for its highest price since mid-July. The yellow...Read More
Several years ago, I was invited to visit the New York Mercantile Exchange (or NYMEX) by my friend Steven Spivak, a professional commodities trader.For those of you unfamiliar with the NYMEX, it’s the exchange where commodities like orange juice, pork bellies, gold, crude oil, natural gas, copper, and silver are traded. (A good deal of the Eddie Murphy movie Trading Places takes place there...Read More
ELKO, Nevada, Nov. 2, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) ("U.S. Gold" or the "Company") today announced that, it has entered into an At-the-Market Offering Agreement (the "ATM Agreement") with H.C. Wainwright & Co., LLC ("Wainwright") as sales manager. Under the terms of the ATM Agreement, the Company will be entitled to sell, at its sole discretion and from time to time as...Read More
ELKO, Nevada, Nov. 2, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) ("U.S. Gold" or the "Company") today announced that the Company has amended its bylaws, updated certain of its corporate governance policies and entered into employment agreements with Edward Karr, as Chief Executive Officer, and David Rector, as Chief Operating Officer.Edward Karr, Chief Executive Officer, commented, "U.S....Read More
Two jobs to stay afloat. Shrinkflation. Record Debt. The Fed is destroying the Middle Class. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound m...Read More
Jamal Khashoggi's murder has taken the world by storm.Khashoggi, as I'm sure you've heard, was a Saudi journalist. He lived in the United States, worked for The Washington Post, and was highly critical of the Saudi regime.Continue...Read More