Gold stocks Articles

GE, Nvidia, Nordstrom, Bitcoin All Tank, And The Fed Notices

Friday, 16 November2018 / John Rubino

The sense that something isn't right out there just got a lot stronger. And the Fed, in response, is now tiptoeing back towards QE. Let's start with the sudden bad news:Chipmaker Nvidia plunges after missing on revenue and guidance(CNBC) Nvidia stock fell as much as 19 percent Thursday after the company reported earnings for the third quarter of its 2019 fiscal year, which ended on Oct. 28.The c...Read More

Years of Recklessly Low Interest Rates Causes Inflation to Soar

Friday, 16 November2018 / Nathan McDonald

By Nathan McDonaldThe stock market has been rising, GDP has been rising, and the rate of unemployment has been steadily dropping since the Republicans took office, however, as good as news as this is, something sinister has been continuing to unfold behind the scenes. In all likelihood, you are intensely aware of what I am referring to, especially if you are the one who does, or participates in t...Read More

Gold Miners' Q3'18 Fundamentals

Friday, 16 November2018 / Adam Hamilton

The major gold miners' stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold recovers. Their absurdl...Read More

Is Gold Under or Overpriced?

Friday, 16 November2018 / Staff reporter

Have you heard about the Everything Bubble? According to this view, virtually all financial assets are overvalued. So gold must be underpriced, right? We invite you to read our today's article which compares the yellow metal to other assets and find out how gold presents itself. Relatively. Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 19...Read More

Gold Gains On Political Turmoil and Increased Uncertainty Regarding Brexit GoldCore

Friday, 16 November2018 / Staff reporter

Key Gold and Precious Metals News, Commentary and Charts This WeekGold and silver have eked out slight gains this week as stock markets came under pressure due to concerns about tech and oil sector valuations, Italian banks and political and financial turmoil due to Brexit.Gold is 0.65% higher for the week in dollars and has seen greater gains in euro (+0.8%) and the pound (+2.17%). The latter ha...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Nearly 1% and 2% on the Week

November 16, 2018 / Chris Mullen, Gold Seeker Report

 CloseGain/LossOn WeekGold $1221.90+$8.60+0.99%Silver$14.41+$0.12+1.69%XAU66.08+1.67%+2.99%HUI148.56+1.47%+3.59%GDM539.56+1.49%+1.88%JSE Gold1121.57+12.92+2.14%USD96.44-0.61-0.47%Euro114.17+0.83+0.69%Yen88.65+0.41+0.70%Oil$56.46UNCH-6.20%10-Year3.071%-0.042-3.73%Bond139.59375+0.8125+1.25%Dow25413.22+0.49%-2.22%Nasdaq7247.87-0.15%-2.15%S&P2736.27+0.22%-1.61%  The Metals: Gol...Read More

Not the end of the world

16 Nov 2018 / Jeff Thomas

Full Article: Not the end of the worldBy: Jeff ThomasPeriodically, I'll encounter someone who has read one of my essays and has decided not to pursue them further, stating, "You're one of those 'End of the world' guys. I can't be bothered reading the writings of someone who thinks we're all doomed. I have a more positive outlook than that."In actual fact, I agree entirely with his latter two comme...Read More

How to Legally Print Your Own Money

November 16, 2018 / Robert Kiyosaki

Wages for workers rose to a nearly 10-year high in the second quarter of this year. Inflation continues to rise in the U.S. economy. While that means you see more in your paycheck, ultimately, what this means in simple terms is that your money buys less than it used.In today's economy, it's lunacy to think you'll get ahead by getting a good job and saving money. Your money becomes worth less and l...Read More

Live From Vegas - My Standout Moment of the Week

November 16, 2018 / Zach Scheidt

“Does this look like a recession to you?”That was the question Fahad Khalid from Jaguar Analytics asked over and over again as he showed visuals of what is going on with our economy.“Seriously, does this look like a recession to you?”This fiery presentation happened at the TradersEXPO conference that I attended in Las Vegas this week. And Fahad’s insights were easily...Read More

Gold Prices Edge Higher Amid Brexit Turmoil

Thursday November 15, 2018 22:29 / Kitco News

BENGALURU, Nov 16 (Reuters) - Gold prices rose on Friday as investors sought safe haven assets amid fears of a chaotic departure for Britain from the European Union.FUNDAMENTALS* Spot gold was up 0.2 percent at $1,214.77 per ounce at 0121 GMT, while U.S. gold futures rose 0.1 percent to $1,215.6 per ounce.* Palladium was 0.6 percent lower at $1,149.49 per ounce, having hit a record high of $1,178....Read More

North Korea's Kim Inspects Testing Of Newly Developed 'Tactical' Weapon

Thursday November 15, 2018 22:27 / Kitco News

Joyce Lee, Josh SmithSEOUL (Reuters) - North Korean leader Kim Jong Un visited the test site of a new tactical weapon in his first public “field inspection” since last year, hailing it as a “display of our rapidly-growing defense capabilities,” state media said on Friday.The North’s first mention of a new weapons development in months threatens to sour the political a...Read More

Switzerland Wants More Gold Trade Transparency

Thursday November 15, 2018 22:23 / Kitco News

Image: VladKK/Shutterstock.com(Kitco News) - The Swiss Federal Council is calling for more transparency when it comes to its future gold imports, citing concerns around environmental and human rights violations.“Tracing the origin of gold is essential because it alone can avoid importing gold extracted in violation of human rights,” Switzerland's executive body said in a report publish...Read More

Emirate Palace Splashes Out $130K A Year On Its Gold Ceiling

Thursday November 15, 2018 22:12 / Kitco News

(Kitco News) - The lavish 5-star luxury hotel Emirates Palace in Abu Dhabi spends $130,000 a year for the upkeep of its bespoke 6,560 square foot ceiling embellished with 22-carat gold and silver leaves.The reason for such a high annual price tag is the fact that the gold and silver leaves last only four to five years and need to be completely replaced, CNN Travel reported quoting Manoj Kuriakose,...Read More

Pound Falls 2.5% Against Gold as UK Government in Turmoil Over Brexit

15 November, 2018 / GoldCore

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 17...Read More

Gold steady, in a range above $1210

Nov 15, 2018 19:44 / Matías Salord

Yellow metal consolidates around $1210, holds firm to yesterday’s gains.  Price remains capped by $1215 and supported above $1208.  Gold moved all day in a range between $1,208/oz and $1,215, around yesterday’s closing price. It consolidated Wednesday’s gains when it rose from $1200 to $1216, on the back of a slide in US yields.  Price action across financial mar...Read More

COMMODITY PRICE FORECAST: November 15, 2018: Crude Oil & Gold Price Forecast (Video)

Nov 15, 2018 17:23 / Staff reporter

Gold rose on Thursday supported by safe haven buying after the pound sterling tumbled after British ministers reisgned protesting against a draft Brexit agreement.  Oil also rallied up more than 1% on the day, steadying at $57 per barrel although concerns about the prospect of an oversupplied market next year continued to weigh on prices despite OPEC's message tha...Read More

Balmoral drills seven m of 1.6 g/t Au at Detour East

2018-11-15 17:22 / Mr. Darin Wagner reports

Mr. Darin Wagner reportsBALMORAL RESOURCES EXPLORATION UPDATEBalmoral Resources Ltd. has provided an update on the fall 2018 exploration program on its Detour Gold Trend project in Quebec, along with updates on activities on its other exploration properties in Ontario and Quebec, Canada. Grasset Ultramafic Complex Drill Program (Nickel-Copper-Cobalt-PGE)Drilling continues with two drills still act...Read More

Paul Tudor Jones says we're in a global debt bubble and headed for some 'scary moments'

2018-11-15T11:52:04-0500 / Fred Imbert

"From a 50,000-feet viewpoint, we're probably in a global debt bubble," says Paul Tudor Jones, who is famous for making big macro calls. "Global debt to GDP is at an all-time high."The investor added that some "scary" moments may come in the corporate bond market.Jones also said the Trump administration's corporate tax cut from late last year could hurt investors down the road as the Federal Reser...Read More

Cisco Systems, Apple Help Dow Snap Losing Streak

Nov 15, 2018 4:28 PM / Lillian Currens

Trade optimism also helped the DJI erase early gainsThe Dow traded in a range of more than 560 points on both sides of breakeven, but ultimately closed higher.J.P. Morgan Chase (JPM) stock shot higher after Warren Buffett's Berkshire took a stake, and blue-chip Cisco Systems (CSCO) rallied to the top of the Dow after an impressive earnings report. A rebound in Apple (AAPL) stock also lifted the te...Read More

Pentagon Fails Its First-Ever Audit, Official Says

Thursday November 15, 2018 16:21 / Kitco News

Idrees Ali, Mike StoneWASHINGTON (Reuters) - The Pentagon has failed what is being called its first-ever comprehensive audit, a senior official said on Thursday, finding U.S. Defense Department accounting discrepancies that could take years to resolve.Results of the inspection - conducted by some 1,200 auditors and examining financial accounting on a wide range of spending including on weapons sys...Read More