China wants the EU to join with them in an alliance against Washington, to take sides. So far, the Europeans say they won't do it, but there is still timeContinue...Read More
The report shows that terrorist attacks lead to people and companies changing their economic behaviors.Continue...Read More
Gold has been held back by a stronger U.S. dollar but the yellow metal could get a boost if the Federal Reserve reigns in on rate hikes, this according to Chris Mancini, research analyst at Gabelli Funds. "I think what ultimately drives the gold price higher will be the Fed pausing and then the market pricing in the Fed easing. And so if the Fed is easing while the ECB [European Central Bank] is p...Read More
Despite its lack of bullish fundamentals and the poor price action, Gold is now technically oversold Continue...Read More
According to a new UN report, horrendous atrocities including rape and cannibalism are taking place in a war in the Democratic Republic of CongoContinue...Read More
Shortly after gold fell to $1,046 in December 2015, I called for a bear market rally that ranged from $1,375 to $1,428.That low mark of $1,375 has been tested three times since without being able to break above.Continue...Read More
In January, Congress reauthorized many of the unconstitutional surveillance programs that Edward Snowden let us know aboutContinue...Read More
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 market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-...Read More
Gold and silver have been getting crushed recently along with emerging market stocks. Gold’s daily RSI (a contrarian indicator) is the most oversold its been since late-2016.RSI is a relatively useful short term indicator for gold. Golds tends to make a short term bounce when it gets as oversold as it is right now.Here’s what happens next to gold when its daily RSI falls below 23 for t...Read More
Jack Chan's updated charts for the precious metals markets include a look at how the Canadian dollar relates to gold and silver prices.Our proprietary cycle indicator is down. The 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.The gold sector is on a short-term sell signal. Short-term signals can l...Read More
In recentdays, oil bulls have accustomed us to fresh peaks. However, when we look moreclosely at the volume, their actions lose some of the glow. When we add the picture,which emerges from the relationship between crude oil and precious metals,doubts about the strength of the rally are getting even bigger. Is it possiblethat this interesting link tells us more about the future of black gold? Let&r...Read More
Toronto, Ontario - July 3, 2018 - Amarillo Gold Corporation ("Amarillo" or the "Company") (TSX.V:AGC) is pleased to report that it has completed the previously-announced sale of a perpetual 1.75% Net Smelter Return Royalty (the "Royalty") on the Mara Rosa gold project (the "Mara Rosa Project") to RG Royalties, LLC, a wholly-owned subsidiary of Royal Gold, Inc. (NASDAQ:RGLD) ("Royal Gold"), for US...Read More
Stop buying Iranian oil or face the music.That's the message the U.S. government shared with the world last week, giving importers until November 4 to cut their consumption of Iran's crude to zero-or expect sanctions. The threat comes a month after President Donald Trump withdrew the U.S. from the Obama-era nuclear deal.West Texas Intermediate (WTI) responded by adding more than $6 to the price o...Read More
As the Reset Begins, Get Goldby James Rickards for Agora Financial's Gold SpeculatorThis may be the most important commentary I've ever written. Here's why.For years, financial analysts have discussed what's called the Global Monetary Reset, or GMR. Expectations of a GMR stem from the fact that monetary policies around the world are unstable and unsustainable.Aftermath: Seven Secrets of Wealth P...Read More
The Dow was down triple digits at its session lowA fresh round of trade headlines put pressure on stocks early on, and sent the Dow down 193 points at its intraday low. However, strong sessions for Dow newcomer Walgreens Boot Alliance (WBA) and big-cap tech stocks helped the blue-chip index battle back into positive territory by the close -- and pushed the S&P 500 and Nasdaq higher to start the th...Read More
Mining and metals investors started the third quarter the same way they ended the second, offloading the sector over fears of the impact of a global trade war.A trade tit-for-tat comes at a bad time just as China, responsible for half the world's industrial metal demand, enters a period of slower economic growth."Escalating global trade tensions bring a risk of demand destruction across commodity...Read More
(Kitco News)- The second largest bank in America seesfurther upside potential in the U.S. dollar, but it is also not changing itsforecast for gold or silver.In a report Monday, analysts at Bankof America Merrill Lynch (BAML), reiterated their forecast for gold prices toaverage the fourth quarter around $1,400 an ounce. At the same time, the banksees silver prices averaging $17.50 in the final thre...Read More
U.S. listed Chinese stocks are taking a hit amid the latest trade barbs U.S.-listed Chinese stocks have been in focus lately, as trade tensions continue to rise. JD.com Inc (NASDAQ:JD) and Alibaba Group Holding Ltd (NYSE:BABA) are two such names trading lower today-- likely putting recent options traders on edge.In fact, both stocks popped up on Schaeffer's Senior Quantitative Analyst Rocky Wh...Read More
One options bull may be lowering their expectationsCasino stocks are spiraling today, after Macau gaming revenue growth missed analysts' estimates for a second straight month in June. One name seeing heavy selling is Melco Resorts & Entertainment Ltd (NASDAQ:MLCO), and options traders have been quick to respond.At last check, MLCO stock is down 10.6% to trade at $24.77, and more than 30,000 option...Read More
FNSR shares are hitting historical chart resistanceWhen Finisar Corporation (NASDAQ:FNSR) fell after earnings a few weeks back, we called out long-term resistance at the 30-week moving average. But looking at a daily chart now, technical traders should note the stock's 160-day moving average, based on data from Schaeffer's Senior Quantitative Analyst Rocky White. White points out that FNSR has had...Read More