- Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell- London's still high priced property causes companies to locate offices elsewhere- At current rates, glut of London properties will take three years to sell- Leading London-based estate agents Foxtons' sees 42% drop in earnings, yoy- UK's largest estate agent issues second profit warning in three months-...Read More
Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More
- Completed 2017 Fall drilling results indicate presence of previously undiscovered zone of base and precious metal mineralization- 200-meter western step-out hole encounters gold, copper, zinc and silverELKO, Nev., Jan. 30, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce the discovery of a new zone of base and precious metals mineralization west of the existing C...Read More
"What has really happened is they got so dirty that they tried a coup attempt. They tried to take over the government. They tried to negate an election."Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, inc...Read More
Doug Casey of Casey Research explains why he thinks the next bubble will be in mining, and what investors can do to profit. Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific marke...Read More
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More
Just as the Fed accelerates its QE Unwind. Treasuries reacted.Continue...Read More
Rory of The Daily Coin sat down with Chris Powell, Secretary Treasurer, GATA, to follow up on the arrest of 6 bank employees convicted of rigging the precious metals markets, how GATA see gold and silver returning to the monetary system and what all these new gold backed cryptocurrencies mean for the monetary system.Read More
Feb 01, 2018 Guest(s): Jim Rickards Best-selling Author Industry heavyweights Jim Rickards, Rick Rule, and Peter Hug continue their debate on gold in Part 2 of the Ultimate Gold Panel at the Vancouver Resource Investment Conference. The discussion shifts to some of the fundamental drivers of the yellow metal's price. Have we reached peak gold supply? How will millennials, who have never acquired...Read More
Feb 01, 2018 Guest(s): Jim Rickards Best-selling Author Last year may have been ruled by bitcoin and the crypto space but is 2018 shaping up to be the year of the yellow metal? Watch the much anticipated debate between three titans of the gold space; bestselling author Jim Rickards, Sprott's Rick Rule, and Kitco Metals global trading director, Peter Hug give their matter-of-fact, point of views...Read More
Zapata Racing is testing a new hoverboard that is aiming to the Segway of the skies. Continue...Read More
The price of Bitcoin briefly dipped below $10,000 Tuesday morning on news that The U.S. Commodity Futures Trading Commission (CFTC) had subpoenaed Tether and Bitfinex on December 6th. The irony of the U.S. government subpoena-ing a private company about the realness of their reserves is not lost on us. The gold that is supposedly at Fort Knox has not been audited since the 1950's. And the fact tha...Read More
(Kitco News) - Higher gold prices and tax changes are likely to keep India’s gold demand restrained this year, as investors opt for equities and mutual funds, according to local jewelers.“What we feel in 2018 is that gold will probably retain a similar business to last year,” ABS Sanjay, the managing director of AVR Swarna Mahal Jewelry in south India, told UAE’s The Nation...Read More
Source: Jack Chan for Streetwise Reports 01/29/2018Technical analyst Jack Chan charts the latest movements in the gold and silver markets.Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal.Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal.Short-term signals can last for...Read More
CloseGain/LossGold $1342.00-$7.60Silver$17.18-$0.23XAU87.47-3.15%HUI195.77-3.73%GDM663.35-2.82%JSE Gold1300.17-12.92USD89.36+0.26Euro123.83-0.41Yen91.91-0.06Oil$65.56-$0.5810-Year2.691%+0.032T-Bond148.15625-0.59375Dow26439.48-0.67%Nasdaq7466.51-0.52%S&P2853.53-0.67% The Metals: Gold fell $11.70 to $1337.90 in late morning New York trade before it bounced back higher in the next few hours,...Read More
The FOMC meeting and US January nonfarm payrolls will be the key. The US economy will see a rise in consumer spending as bonuses rise due to Trump's tax and trickle down effects. If the Federal Reserve is aggressive then we might just see a March interest rate hike. The US dollar is oversold. Any positive news can result in the US dollar paring most of January's losses and even gain. Bubbles hap...Read More
* Debt-for-equity swap agreed in principle* Will dilute existing equity holders' stake to 10 pct* Deal subject to shareholder approval* Noble says deal will reduce debt to sustainable level (Repeats to fix technical glitch, no changes to text)By Anshuman Daga and Aradhana AravindanSINGAPORE, Jan 30 (Reuters) - Struggling Noble Group has struck a deal with creditors to restructure $3.5 billion of i...Read More
(Corrects spelling error in headline, no change to text)SEOUL, Jan 30 (Reuters) - South Korean manufacturers' business confidence edged down for February, a central bank survey showed on Tuesday, as companiesgrew more pessimistic because of local economic uncertainties and appreciation of the won.The Bank of Korea's manufacturing business survey index (BSI) for February came in at 80 on a seasona...Read More
SYDNEY, Jan 30 (Reuters) - Australian business conditions remained buoyant in December with both profits and sales healthy, while a pick up in confidence was positive for the investment outlook, a survey reported on Tuesday.National Australia Bank's index of business conditions held steady at a seasonally adjusted +13 in December, staying well above the long-run average of +5.The survey's measure...Read More