By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More
Reyna Silver enters into two agreements, one with the landowner and one with the company that has an earn-in option on the property. In a news release, Reyna Silver Corp. (RSLV:TSX.V; RSNVF:OTCMKTS) announced it agreed to acquire an 80% interest in the La Chinche mining concession that is contiguous to its Guigui property, thereby consolidating its land position in Mexico's Santa Eulalia historic...Read More
A Haywood Securities report notes the moves by GoldMining "demonstrates an intention to seek to unlock further value from GOLD's unique portfolio." In a June 24 research note, Haywood Securities analyst Colin Healey reported that GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) will create net smelter returns royalties (NSRs) between 0.5% and 2% on 14 of its gold projects and hold them in its newly formed...Read More
Omineca Mining and Metals believes it has one of the highest grade underground alluvial projects in Canadian history. WingdamOmineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) is about to re-start the placer gold recovery program that sits 50 meters below Lightning Creek, in the heart of British Columbia's Cariboo District, home of a major gold rush in the 1860s. The company is simultaneou...Read More
Bob Moriarty of 321gold explains why he has invested in this company. In the past few weeks the resource markets have begun to show investors what they can expect when the market understands the meaning of the hyperinflation headed our way. While I believe the DSI and rampant speculation are giving a signal for a correction soon, I can't predict if it will be a small burp or a serious drop.I can...Read More
Saudi Arabia’s Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world’s biggest hydrocarbon producer “even” in 2050.“I can assure that Saudi Arabia will not only be the last producer, but Saudi Arabia will produce every molecule of hydrocarbon and it will put it to good use … It will be done in the most environmentally sound and s...Read More
As third quarter trading kicks off following a tumultuous first half of the year, investors are hoping for an auspicious July.Both stocks and precious metals posted impressive advances in the second quarter. The S&P 500 finished the April-June period with a gain of nearly 20%, its best quarterly performance since 1998. The Dow Jones Industrials, meanwhile, posted its best quarter since 1987.It...Read More
Kirkland Lake Gold has been one of the biggest winners over the past 5yrs, propelling itself from a 160k oz. Au producer to what has emerged [along with Endeavour Mining] as the next senior gold producer [1m oz. of production or greater]. Kirkland Lake has a great asset to start, the Kirkland Lake mining complex, notably the Macassa mine, which has taken several years to optimize and will reach...Read More
Michael J. Kosares, USA Gold"It is related of the illustrious Sandy McHoots that when, on the occasion of winning the British Open Championship, he was interviewed by reporters from the leading daily papers as to his views on Tariff Reform, Bimetallism, the Trial by Jury System, and the Modern Crave for Dancing, all they could extract from him was the single word 'Mphm!' Having uttered which he...Read More
Daniel R. AmermanThere is an increasingly good chance that the United States could end up following Europe and Japan, and that the Federal Reserve could use its vast powers of monetary creation to force a move to negative interest rates.If that deeply unnatural event happens, it will invert and distort the very foundations of investment pricing, in ways that are little understood by most investo...Read More
1. Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.2. Please click here now. Double-click to enlarge. Silver bullion investors prospered during the denarius dilution that was orchestrated by the Roman "Creep State". Today's silver bugs will prosper from US Cr...Read More
By: Gary SavageGold's novice traders have given up and lost patience. Lots of traders in the choppy markets, get stopped-out during a consolidation and shaken out, over and over. Investors need to be more patient. Gamblers who trade everyday, well these people consistently lose money:https://blog.smartmoneytrackerpremium.com/Read More
Clint Siegner, Money MetalsMore new people may have made their first purchase of physical gold or silver in the past 4 months than in any four-month period in history. This sort of data isn't reported and tracked. But if our experience as one of the nation's largest precious metals dealers is representative, we believe that's the case.We've never seen so much retail demand, and a big portion of...Read More
By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More
Saudi Arabia’s Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world’s biggest hydrocarbon producer “even” in 2050.“I can assure that Saudi Arabia will not only be the last producer, but Saudi Arabia will produce every molecule of hydrocarbon and it will put it to good use … It will be done in the most environmentally sound and s...Read More
As third quarter trading kicks off following a tumultuous first half of the year, investors are hoping for an auspicious July.Both stocks and precious metals posted impressive advances in the second quarter. The S&P 500 finished the April-June period with a gain of nearly 20%, its best quarterly performance since 1998. The Dow Jones Industrials, meanwhile, posted its best quarter since 1987.It...Read More
Saudi Arabia’s Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world’s biggest hydrocarbon producer “even” in 2050.“I can assure that Saudi Arabia will not only be the last producer, but Saudi Arabia will produce every molecule of hydrocarbon and it will put it to good use … It will be done in the most environmentally sound and s...Read More
As third quarter trading kicks off following a tumultuous first half of the year, investors are hoping for an auspicious July.Both stocks and precious metals posted impressive advances in the second quarter. The S&P 500 finished the April-June period with a gain of nearly 20%, its best quarterly performance since 1998. The Dow Jones Industrials, meanwhile, posted its best quarter since 1987.It...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort328,94262,27253,868116,697418,160499,507534,300Change from Prior Reporting Period 20,4835,7706,3132,28716,45829,08328,541Traders22268805359310177 Small Speculators LongShortOpen Interest 62,12127,328561,628 44498629,527 non reportable positionsChange from the previous reporting p...Read More
By: Ira EpsteinGold higher high, higher low pattern. Swingline $1807.70..(recorded July 3)Read More