Factors affecting metals markets 1. There will be position squaring and rebuilding before the Federal Reserve chairman's testimony before the US senate on 30th June. Powell will testify on coronavirus response. 2. Quarter end position squaring and rebuilding is still going on. 3. Trader's dilemma is to choose between economic progress or second wave of coronavirus. This has res...Read More
By: Ira EpsteinGold's taking over to a new record high for several years!Read More
Jack ChanPosted Jun 22, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Current data favors overall higher gold prices.Current data favors overall higher silver prices.Our ratio is on SELL signal...Read More
Richard Duncan is an author & economist who has worked as an equities analyst in Hong Kong, served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in...Read More
Link to slides and sources: https://www.itmtrading.com/blog/digit...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need t...Read More
Patrick Bet-David is an American entrepreneur and financial advisor. He runs the popular YouTube channel Valuetainment.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With We...Read More
It was touted as the trading platform set to level the playing field between the Wall Street one-percenters and the rest of the world. All thanks to its ease of access and nonexistent fees.Robinhood has quickly become the go-to trading platform for a generation of new investors, speculators and get rich quick fans.With over 30 Billion in (AUM) Assets Under Management, how do they make money?Marin...Read More
The Federal Reserve has a history of inflating financial bubbles, and the central bank is currently in the process of inflating its biggest bubbles yet. Is it an accident? Is it all just misguided economic policy? Dave Kranzler of Investment Research Dynamics joined me on the show for his weekly silver and gold market update, where he explained what's happening with the Fed and the economy, and ho...Read More
Indeed, Western culture, being offensive, is itself being cancelled. How can our cancellation be reconciled with the neoconservative claim that Americans are an exceptionalContinue...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 23, 2020With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.Pleaseclick here now. Double-click to enlarge.The $1800 area is significant resistance and gold arrived at this resistance zone as its weak pr...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalWhere's the "V?" - Obviously the Fed has injected monetary cocaine into the stock market to make it appear as if stocks are "discounting a "V" economic recovery. But a "V" on Main Street is nowhere to be found (graphic is from Crescat Capital -the comment bubble is my edit):The chart above plots the NY Fed's weekly index of e...Read More
In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed's Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a coronavirus stimulus bill to purchase as much as 750 billion dollars of corporate credit. Until last week, the Secondary Market Credit F...Read More
Keith Weiner, Monetary MetalsWe are reading now about possible regulations for air travel. In brief: passengers might be forced to spend hours at the airport. Authorities will perform medical checks, including possibly needles to draw blood, no lounges, no food or drink on board the plane, masks required at all times, and even denied the use of a bathroom except by special permission.We would wa...Read More
Factors affecting metals markets 1. There will be position squaring and rebuilding before the Federal Reserve chairman's testimony before the US senate on 30th June. Powell will testify on coronavirus response. 2. Quarter end position squaring and rebuilding is still going on. 3. Trader's dilemma is to choose between economic progress or second wave of coronavirus. This has res...Read More
By: Ira EpsteinGold's taking over to a new record high for several years!Read More
Chris Temple of The National Investor delves into what sets Omineca Mining and Metals apart. I had been familiar with the story and potential of uber micro-cap (a valuation of little more than C$3 million or so for a LONG time!) Omineca Mining and Metals Ltd.'s (OMM:TSX.V; OMMSF:OTCMKTS) for years. But as gold was beginning to percolate and other necessary ingredients came together as last year g...Read More
Group Ten Metals reported that it has satisfied all earn-in agreements and now owns 100% of the Stillwater West project in Montana. In a news release, Canadian mineral exploration company Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced that "it has satisfied all earn-in requirements set out in the agreement announced June 27, 2017 (the "Stillwater Agreement") and now has 100% o...Read More
Fund manager Adrian Day assesses recent developments at two junior gold companies, as well as provides a brief update on the gold market. Midland Exploration Inc. (MD:TSX.V, 0.86) has optioned its Casault property to neighboring company Wallbridge Mining Co. Ltd. (WM:TSX), which made a discovery on its property last year. We view this as potentially quite positive, both because Wallbridge is wel...Read More
What do snapping turtles and long-time investors have in common? Sector expert Michael Ballanger explains.The Weekly Missive, which usually arrives over the weekend (sometimes on Friday, sometimes on Sunday) was delayed this weekend for one reason: I had to change it.I started out last week with an idea that was leaning in the direction of full-on capitulation in the sense that this latest, three-...Read More
Wepreviously wrote that while it was tempting to bet on crude oil’s prices due totheir weakness, it was not a good idea from the risk to reward point of view,as black gold didn’t invalidate the breakout above the early-March high. And itwas definitely a good idea not to enter a short position then either – crudeoil moved higher since that time. Atthe moment of writing these words...Read More