Spot gold getting higher than comex gold futures. Silver is still in bullish zone. Covid is spreading in nations which have opened after lockdown. Gold and silver are soft just due to vaccine hopes and nothing else. Rest of the factors are all bullish. Gold investment demand from ETF and others will not fall significantly unless there are other safe options. Federal Reserve meeting on 29th July...Read More
The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More
The next few weeks are certain to attract much attention to precious metals. Hardly anyone can argue that Gold has not experienced an incredible upside price rally over the last 12+ months. Recently, Gold closed above $1800 for the first time since 2011. Our researchers believe the next target is $1935. Keep reading to learn why we believe this is the next major price targe...Read More
The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More
The next few weeks are certain to attract much attention to precious metals. Hardly anyone can argue that Gold has not experienced an incredible upside price rally over the last 12+ months. Recently, Gold closed above $1800 for the first time since 2011. Our researchers believe the next target is $1935. Keep reading to learn why we believe this is the next major price targe...Read More
The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More
The next few weeks are certain to attract much attention to precious metals. Hardly anyone can argue that Gold has not experienced an incredible upside price rally over the last 12+ months. Recently, Gold closed above $1800 for the first time since 2011. Our researchers believe the next target is $1935. Keep reading to learn why we believe this is the next major price targe...Read More
The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More
The next few weeks are certain to attract much attention to precious metals. Hardly anyone can argue that Gold has not experienced an incredible upside price rally over the last 12+ months. Recently, Gold closed above $1800 for the first time since 2011. Our researchers believe the next target is $1935. Keep reading to learn why we believe this is the next major price targe...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
(Updates prices)By Peter HobsonLONDON, July 16 (Reuters) - Copper prices rose back towardstwo-year highs on Thursday after data showed a rise in Chinesefactory output, though the numbers also pointed to trouble aheadfor the world's biggest metals consumer. Benchmark copper on the London Metal Exchange (LME)was up 0.8% at $6,435 a tonne at 1601 GMT, near Monday's peak of$6,633.The metal used in pow...Read More
* Miner says overall Q2 output falls 18% * Says ramping up output to hit FY targets set in April * Says targets dependent on how coronavirus pans out (Adds Chile drought, coal, analyst)By Zandi ShabalalaLONDON, July 16 (Reuters) - Global miner Anglo American is ramping up metals and diamond production to hitfull-year targets it set in spring, it said on Thursday, as itreported a sharp slump in sec...Read More
Stefan Gleason, Money Metals ExchangeSummer doldrums? Not for precious metals markets!In early July, gold and silver each broke out to fresh multi-year highs. The yellow metal is within striking distance of new all-time highs and the headline worthy figure of $2,000/oz.The white metal, meanwhile, has a lot of catching up to do. And as it does, the gains in percentage terms could be explosive.Sil...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
By: Jan Nieuwenhuijs, Voima GoldResearch reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented.In my view, the current fiat international monetary system is ending unconventional monetary policy has entered a dead end street and can't reverse. I...Read More
Gary Tanashian, NFTRHThe Continuum (monthly 30yr yield with the 100 month EMA 'limiter') simply states that the economy was weakening, as were inflation expectations, before 2020. In early 2020 we got a real deflationary jolt from which asset markets are still clawing back, with full frontal inflationary support from a Federal Reserve desperate to keep asset owners whole (and further enriched) a...Read More
Liberty Gold's latest drill results confirm the D-3 zone at its Black Pine project as a "significant new discovery." Liberty Gold Black PineLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that further drill results extended the high-grade oxide D-3 zone at its Black Pine project in Idaho. "The new drill results confirm that the D-3 Zone is a significant new discovery," Presi...Read More