I still remember that guilty feeling in the pit of my stomach... the day I knowingly broke the law.It was my first year working at a hedge fund and I was still just learning the ropes.With a tight schedule (and a limited family budget - none of my bonuses had kicked in yet), I was driving my beat-up Honda Civic to a lunch meeting.Accelerating onto Georgia Highway 400, I suddenly remembered I was o...Read More
Stake in SPDR Gold rises to 3.91 million shares, filing showsHedge fund boosts stake in Newmont, cuts position in BarrickDalio's Bridgewater Boosts Holdings in GoldBillionaire hedge fund manager Ray Dalio boosted his holdings in the two largest gold-backed ETFs last quarter before prices of the metal capped the biggest annual gain in seven years.As of the end of December, Dalio’s Bridg...Read More
Bullion advances for a third day, dollar sags before U.S. dataDalio's Bridgewater added bullion assets in final qtr of 2017AMP's Oliver Sees 4 to 5 Fed Rate Hikes in 2018Gold held gains as the dollar slipped, with investors counting down the hours before key U.S. inflation data that may offer fresh clues on monetary tightening. Adding luster for the metal, filings showed billionaire hedge fund man...Read More
Endeavour Silver plans to increase production and cut costs this year.In my opinion, it can be difficult to meet 2018 production guidance.I believe that the company's shares are fairly valued now; as such, they are simple options on silver/gold prices and nothing more.However, in the long term the company's value depends on the Terronera project.On January 25, 2018, Endeavour Silver (EXK),...Read More
CloseGain/LossGold $1353.40+$1.30Silver$16.88+$0.01XAU85.48-0.02%HUI189.36-0.02%GDM645.96+4.90%JSE Gold1197.05+23.79USD88.58-0.37Euro125.02+0.44Yen94.27+0.78Oil$61.34+$0.7410-Year2.902%-0.009T-Bond143.90625+0.53125Dow25200.37+1.23%Nasdaq7256.43+1.58%S&P2731.20+1.21% The Metals: Gold gained $4.90 to $1357.00 in late Asian trade before it drifted back to $1348.60 in London and then bounced b...Read More
By Avi Gilburt"Stocks are going down because the economy is too good?"How many times did you hear something like that quote over the last two weeks on television? And, it was accompanied by the barrage of reports proclaiming the demise of the bull market which began in 2009. But, if you are a thinking person, clearly you had to have been scratching your head.Oh, and let's not forget about how ri...Read More
Gold has rallied back close to trendline resistance. Will it push through this time? That will depend on if Gold can breakout in real terms (against stocks, currencies) as its strength over the past year as been driven by only US$ weakness. Read More
HighlightsHappy Valentine's Day USA listeners! Peter Grandich makes a new offer to everyone.On the heels of news that nearly 1000 trapped gold miners were rescued from an underground labyrinth, Peter Grandich of Peter Grandich and Company and Pete Speaks returns.Our guest notes he is a "Real gold bull... haven't been this bullish on gold in 34 years." Expect a new record gold price to unfold in...Read More
In this edition of Coffee with Lynette she interviews Gerald Celente, who developed the Globalnomic (R) methodology to identify, track, forecast and manage trends, is a political atheist. 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 langu...Read More
*This speech was delivered at the Vancouver Resource Investment Conference on January 21-22, 2018Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking...Read More
TOPICS IN THIS INTERVIEW:03:25 Is Bitcoin going to zero?06:50 Does Bitcoin need to exist? What does it solve?11:15 Financial freedom vs central banking authority18:25 The potential for a $1400 Gold price22:05 More stock market corrections in 2018Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuc...Read More
By Dave KranzlerThe current "debt ceiling" has been suspended until March 2019. The current amount of Treasury debt outstanding is $20.681 trillion. It has been estimated that the amount of Treasury outstanding by March 2019 will be as high as $22 trillion. U.S. Government has, for all intents and purposes, operated without a constraint on debt issuance since 2013:Beginning in 2013, Congress has...Read More
By Gary SavageThere is limited upside potential in the precious metals markets in the short term. The stock markets have begun a new intermediate and yearly cycle and offer considerable upside potential. https://blog.smartmoneytrackerpremium.com/ Read More
Research Director at GoldCore, Mark O'Byrne talks to IG TV's Victoria Scholar about the outlook for the gold price.In this interview, Mark O'Byrne, research director at Goldcore, says the fact that the gold price did not spike during last week's equity sell-off was to be expected.He said even at the height of the global financial crisis, amid the collapse in the Wall Street behemoth Lehman Broth...Read More
It was astrange day. Inflation surged yesterday. But gold dropped initially, only toquickly reverse the fall and fly into the air. What happened? And – importantly– will gold soar on the inflation fuel? InflationRears Its Ugly Head (or Tries to, at Least)The recent payrolls report showed thatwages had jumped 2.9 percent in January on an annual basis. It was the bestresult since 2009, w...Read More
Continue...Nigel Farage is a UKIP Member of Parliament for the South East of England. Elected in 1999, he has used his experience of the EU to increase awareness of its activities back home in the United Kingdom. Nigel was re-elected Leader of the UK Independence Party in November 2010. A firm believer in Independence for the United Kingdom he is a proponent of free speech and has faced considerab...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, delve into the question of whether inflation is good for gold.Is inflation good for gold? It depends. If inflation provokes a hawkish Fed to raise rates faster than inflation, not so much. But if the Fed is worried about the stock and bond markets and therefore won't raise rates fast enough to keep pace with inflation, that's good for gold....Read More
As the Dow Jones industrial average fell over 2,600 points between Feb. 2 and Feb. 8, 2018, a decline of over 10% from the all-time high of 26,616 on Jan. 25, Continue...Read More