It seems like the era of diplomacy with China, at least so far as the administration is concerned, is over, with Pompeo saying that Continue...Read More
Jeffrey Gundlach says the stock market's parabolic move in the last couple of months reminds him of the days right before the Dot Com bust. Continue...Read More
Recessions are wealth destroyers and Millennials are now living through two of the worst recessions in the last 100 years.Continue...Read More
These five charts illustrate trends in important industries that help track reopening progress in the U.S.Continue...Read More
A considerable share of the American population has some form of underlying health issue, which, as Statista's Niall McCarthy details below, places them at risk from severe forms of the virus. Continue...Read More
"They are clearly adversaries, and I think we have to take that into account every time they seek to buy something."Continue...Read More
Bob Moriarty ArchivesJul 27, 2020I put outa short update on a few favorite companies on my site on Friday. That turned out to be excellent timing as Lion One released assay results on Friday as well. The numbers were off the chart.Hole TUDDH500 reported 12.7 meters of 46.14 g/t gold. In the text above the numbers it shows 7 meters but if you look at the interval it indicates 12.7 meters. That seem...Read More
Mark O'Byrne, GoldCore? + Gold prices have surged through the all time record nominal high of $1,915/oz in 2011 to over $1,942/oz today due to concerns about the outlook for stocks, bonds and other assets amid a very vulnerable U.S. and global economy.? + Gold has surged to new record highs in all major currencies today including new record highs in British pounds at ?1,514/oz and in euros at EU...Read More
By: Gary SavageThis phase usually will last 5-10 days. Key USDX technicals:https://blog.smartmoneytrackerpremium.com/Read More
By: Robert LambourneThe gold swaps and derivatives position of the Bank for International Settlements, which reached a three-year high in May, fell slightly in June, according to the bank's statement of accounts for the month:https://www.bis.org/banking/balsheet/statofacc200630.pdfThe BIS, which acts as a broker for many central banks, is estimated to have reduced its position in gold swaps and...Read More
Rambus/PlungerDuring the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward...Read More
If Trump wins in November, it is foreseeable that his many enemies will ratchet up their hatred for him to even more destructive extremes. A bloody civil war would become likely, escalating an already violent cultural battle to a new threshold. How this might impact our schools, workplaces and neighborhoods is unpredictable even if the tactical outcome is not. The red states, wide-open spaces wh...Read More
Assays from Lion One Metals' hole TUDDH500 encountered two high-grade intervals. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release that diamond drill hole TUDDH500 intersected high-grade feeder-style mineralization at its Tuvatu gold project on Fiji."Notably, textures of gold suggest rapid deposition from what was possibly a gold-saturated mineral-forming fluid," Dr. Quint...Read More
Given current market conditions, sector expert Michael Ballanger makes his argument for investment in junior gold developers such as Getchell Gold. Reading the hundreds upon hundreds of newsletter writers, bloggers, armchair analysts and professional money managers this past week skipping merrily down the road of self-aggrandizement, large meaty hands issuing congratulatory thumps squarely on the...Read More
The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling...Read More
We tend to spend a lot of timelooking into the rearview mirror, especially when under duress.Connected to this is somethingpsychologists call "recency bias." This simply means that what hashappened in the near to intermediate past tends to inform and influence us asto how we should behave in the future.The 2011 to early 2019 precious metals bear saga was broken only by a six-month bullhi...Read More
Mark O'Byrne, GoldCore? + Gold prices have surged through the all time record nominal high of $1,915/oz in 2011 to over $1,942/oz today due to concerns about the outlook for stocks, bonds and other assets amid a very vulnerable U.S. and global economy.? + Gold has surged to new record highs in all major currencies today including new record highs in British pounds at ?1,514/oz and in euros at EU...Read More
By: Gary SavageThis phase usually will last 5-10 days. Key USDX technicals:https://blog.smartmoneytrackerpremium.com/Read More
By: Robert LambourneThe gold swaps and derivatives position of the Bank for International Settlements, which reached a three-year high in May, fell slightly in June, according to the bank's statement of accounts for the month:https://www.bis.org/banking/balsheet/statofacc200630.pdfThe BIS, which acts as a broker for many central banks, is estimated to have reduced its position in gold swaps and...Read More