1. This morning the major market indexes are starting out a little on the weaker side and selling started to amplify. The trading volumes have picked up which is bearish as witnessed by declining indexes. Russell 2k is pulling back by 1.7%. Nasdaq has rolled over. S&P 500 Spiders down. Volume trends have picked up. Could have something to do with options ex. 100mm shares can be significant. Will t...Read More
"All of these sites are going to face increasing pressure to severely cramp down on what users are allowed to post."Read More
We are approaching the very same exact policy of Adolf Continue...Read More
After a year of lockdowns and the destruction of jobs Continue...Read More
There is a specific moving average that has provided historical support for Gold during bull markets in the 1970s and 2000s. There is also a specific moving average that has provided support for gold stocks. It appears Gold and GDX could test and bottom at these moving averages.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publi...Read More
Scottie Resources provides grab sampling and geophysical survey results from the Domino zone at its Scottie project. Scottie Resources Corp. (SCOT:TSX.V) announced in a news release that results of surficial grab samples from the Domino zone at its Scottie project in British Columbia's Golden Triangle increased the strike length of the mineralized zone to 900 meters and the width to 450 meters.Or...Read More
Outcrop Gold Corp. reported that it recently recorded intercepts measuring 1,486 g/t silver equivalent over 1.2 meters at its Santa Ana property in northern Tolima, Colombia. In a news release, Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) announced "additional assay results from the El Dorado target on its 100% owned Santa Ana project in north Tolima, Colombia." Outcrop Gold reported that...Read More
Fremont Gold identifies several high-priority targets at its North Carlin gold project in Nevada. Fremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) announced in a news release that it has begun its drill program at the North Carlin gold project "located at the northern end of Nevada's prolific Carlin Trend, one of the richest gold mining districts in the world."Fremont CEO Blaine Monaghan comme...Read More
What a week! First gold soared to almost $1,960, but then its price (London P.M. Fix) plunged to $1,863 on January 8, as the chart below shows.This is quite strange (and bearish) behavior, given what happened last week. First, there were violent pro-Trump protests in Washington D.C. The rioters stormed the U.S. Capitol. During these riots, five people died. Given the chaos in the capital, gold, wh...Read More
Sector expert Michael Ballanger ruminates on how the storming of the U.S. Capitol has affected both America's reputation and the precious metals markets, as well as on the value of "value."The events of this week are dominating the news cycle, with a sitting president days away from being replaced while Congressional and Senatorial leaders debate whether he should be impeached immediatel...Read More
This interview features Macro's Finest: Jim Bianco, President of Bianco Research, and Danielle DiMartino Booth, CEO of Quill Intelligence, discuss the most pressing issues the U.S. economy is facing in 2021. Inflation hasn't been problematic since the 1990s, and the Fed thinks it has it under control, but there's a real risk to the economy if prices begin to rise while the output stalls. While the...Read More
Topics:Power and ignorance is a dangerous combination.Biden's stimulus plan will make the European Union look responsible by comparison.Affirm's IPO epitomizes what's wrong with markets and the economy.Dollar denominated financial assets on expedited track to worthlessness.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Sch...Read More
Where are gold, silver, and Bitcoin heading in 2021? Andy Schectman, Bix Weir, Dunagun Kaiser, Jerry Robinson, Kerry Lutz, and Pamela and Mary Anne Aden join us for 2021's first Mugs and Metals to discuss. They unpack the changing political and financial climate and how this will impact metals prices. Amid this environment, "people are rushing to buy precious metals," Andy Schectman says, "because...Read More
"Major social platforms have been cracking down on the spread of misinformation and conspiracy theories...and expanded their efforts in the wake of the Jan. 6 Capitol riot. But Apple and Google have left open a major loophole for this material: Podcasts."https://t.co/qy7aARh7qK- Glenn Greenwald (@ggreenwald) January 16, 2021 Read More
They're not actually worried about "domestic terror", they're worried about any movement which threatens to topple the status quo. Caitlin Johnstone writes about the end of illusions.Continue...Read More
With such overwhelming positivity and confidence in the market going higher, my alligator senses really start to tingle.Continue...Read More
What does record high margin debt tell us?Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.Read More
"We cannot rule out that adverse reactions to the vaccine occurring within the first days following vaccination (such as fever and nausea) may contribute to more serious course and fatal outcome in patients with severe underlying Continue...Read More
And you thought your year was going badly? A man in the UK said he accidentally put a hard drive with 7,500 bitcoins in the trash while clearing out his home in 2013.Continue...Read More
Jan 18, 2021 Guest(s): Hong Fang CEO, OKCoin While Bitcoin continues to remain the "blue chip" of cryptocurrencies, 2020 has seen Ethereum trail in second place, as well as the rise in popularity of altcoins built on Ethereum, said Hong Fang, CEO of OKCoin."2020, in addition to Bitcoin which takes the dominance in the market, about 73% of the volume, Ethereum definitely comes next. Ethereum is b...Read More