2017 was literally the smoothest stretch of highway that US stocks have ever traveled. Rising almost every day and seldom falling hard, they made it virtually impossible for investors to lose money. Here's the Dow Jones Industrial Average over the past two years. Note how unnaturally smooth the recent action was. As a result, measures of volatility (i.e., fear) like the Vix fell to all-time lows...Read More
TOPICS IN THIS INTERVIEW:00:35 Why are we seeing a mass selloff of treasuries?03:35 Is 2018 the breakout year for Gold?04:55 Advice on gold06:15 Yuan gaining strength against the Dollar07:35 Has oil bottomed out?09:50 Trump, tax cuts and the political situation in AmericaJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring"...Read More
By Rory Hall Honest commerce is a good platform from which to have good international relations, Foisting empty dollars on countries around the world whom you trade with, that are created out of thin air, is not conducive to peaceable international relations. Which is the world is in the mess it's in today. Rob Kirby ~The Daily CoinLet's get the year started properly with a visit from Rob Kirby...Read More
Source: Jack Chan for Streetwise Reports 01/15/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets, and says that a falling dollar is supportive for metal prices. -->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.Gol...Read More
By RambusToday the GDXJ is breaking out above its neckline. Again I was looking for a little more chopping action between the neckline and the neckline symmetry line before the breakout, but so far it's not happening. I'm going to take my second position and buy 150 shares at the market at 35.34 with the sell/stop at 33.31 for now. A backtest to the neckline would come in around the 35.10 for a...Read More
By RambusMy past two weekend reports have armed the investor with ideas for the coming year 2018. This week's report summarizes those ideas, updates the current PM rally and adds more ideas to the list. It is important to understand the driving force which will fuel the coming bull market in precious metals so I lay it out. I will then focus on what I consider the best risk/reward Precious M...Read More
By Steve St. AngeloThe oil market price is setting up for one heck of a fall. Now, could this large oil correction cause the next stock market crash? Time will tell. However, the indicators in the oil market are showing the largest net commercial short positions in history. The current net commercial short positions in the oil market are even higher by 174,000 contracts than the level wh...Read More
It's no secret that stock markets are at already unsustainable levels and getting more so every day. This has led otherwise intelligent people to question whether standard security valuation tools are still relevant. When prices are rapidly increasing it's easy to believe that valuations don't matter. However, at such time when the market inevitably corrects, Danielle's belief (and mine too) is th...Read More
Duringyesterday’s session silver moved back and forth in a volatile manner on volumethat was the highest since April 2013. There were a few volume spikes in themeantime, but none as big as what we saw yesterday. The silver market is beingvery loud. But are you listening?Itmay be hard to notice silver’s signs with all that’s happening in the USD Indexand given the rally in gold st...Read More
VANCOUVER, British Columbia, Jan. 17, 2018 (GLOBE NEWSWIRE) -- Golden Arrow Resources Corporation (GRG.V) (GAC.F) (GARWF), ("Golden Arrow" or the "Company") is pleased to provide a summary of fourth quarter and year-end 2017 operating results as well as 2018 guidance for Puna Operations Inc., as reported by the project operator, SSR Mining Inc. HighlightsExceeded annual production guidance...Read More
DRAWS INITIAL US$3M FROM WORKING CAPITAL FACILITYJanuary 17, 2018, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (the "Company") is pleased to announce that it has successfully completed the vendor commissioning phase of the start-up of the Moss Mine crushing plant.The initial testing phase of the crushing plant included 14 conveyors and 4 vibratory rock feeders, the jaw crusher, a...Read More
Today the GDXJ is breaking out above its neckline. Again I was looking for a little more chopping action between the neckline and the neckline symmetry line before the breakout, but so far it’s not happening. I’m going to take my second position and buy 150 shares at the market at 35.34 with the sell/stop at 33.31 for now. A backtest to the neckline would come in around the 35.10 for a...Read More
- Gold is the "ultimate and only real money" - Former Reagan White House Budget Director David Stockman - Trump tax cuts will lead to a 'fiscal calamity of biblical proportions'- China downgrades U.S. over political 'deficiencies'- Expect a 'huge reset in the bond market' and a 'massive drop in household wealth'- 'People will flee the stock and bond markets in favour of gold and silver- Time...Read More
Stocks are about to wake up to the risk of "higher rates."As I outlined in my bestselling book, The Everything Bubble: The Endgame For Central Bank Policy, the entire stock market move from the 2009 bottom onwards was induced by the Federal Reserve creating a bubble in US sovereign bonds, also called Treasuries.The idea here was that if the Fed could force bond prices high enough (resulting in ext...Read More
The current decline in the US dollar is just a part of the long term US dollar decline story. Germany has decided to include the Chinese Yuan in its basket of foreign exchange reserves. Other nations will follow soon. Migrants have made Eurozone's economic fundamentals very strong. Migrants will ensure that the Eurozone continues its strong economic growth over the next few years. Nations will b...Read More
Stocks are about to wake up to the risk of "higher rates."As I outlined in my bestselling book, The Everything Bubble: The Endgame For Central Bank Policy, the entire stock market move from the 2009 bottom onwards was induced by the Federal Reserve creating a bubble in US sovereign bonds, also called Treasuries.The idea here was that if the Fed could force bond prices high enough (resulting in ext...Read More
At the beginning of every year, we update what's typically one of our most popular pages, the Periodic Table of Commodity Returns. I encourage you to explore 10 years' worth of data on basic materials such as aluminum, zinc and everything in between. A word of warning, though-the interactive feature makes the table highly addictive. Please feel free to share it with friends and family!It was a pho...Read More
Secretary of State Rex Tillerson spoke at Stanford University Wednesday afternoon about the future of Syria and the US role in the war. In his talk Continue...Read More
CloseGain/LossGold $1329.00-$10.30Silver$17.02-$0.19XAU89.12-1.27%HUI200.07-2.11%GDM672.24-1.54%JSE Gold1313.51-3.20USD90.71+0.28Euro122.11-0.54Yen90.13-0.68Oil$63.97+$0.2410-Year2.572%+0.029T-Bond150.34375-0.46875Dow26115.65+1.25%Nasdaq7298.28+1.03%S&P2802.56+0.94% The Metals: Gold chopped between $1343.90 and $1332.90 in Asia and bounced back to $1338.90 in London before it fell to a new...Read More
Here's What Arizona, Texas, North Carolina, Virginia, Idaho, Etc. Are Doing...In 2017, Arizona, Louisiana, Virginia, Texas, and North Carolina, and even Minnesota made progress on the sound money front. In 2018, other states could do so as well.36 states have already removed sales taxes from precious metals transactions, and bills being introduced this year by sound money advocates in Alabama and...Read More