Every investor loves when one of their stocks is bought out for a big, juicy premium.I certainly do.Takeovers are one of the fastest ways to bank BIG gains in less than 24 hours.That's why I am digging into the biotech sector right now. This sector has a serious case of takeover fever.So today, I'm playing doctor to diagnose the two big causes of this takeover fever. And then I'll tell you how to...Read More
CloseGain/LossOn WeekGold $1331.80-$18.20-1.32%Silver$16.60-$0.64-4.65%XAU83.88-4.25%-7.12%HUI188.03-4.41%-7.54%GDM642.62-2.88%-5.89%JSE Gold1228.89-15.95-6.41%USD89.16+0.57+0.07%Euro124.59-0.60+0.28%Yen90.85-0.59-1.22%Oil$65.45-$0.35-1.45%10-Year2.838%+0.059+6.73%Bond145.00-1.5625-2.58%Dow25520.96-2.54%-4.12%Nasdaq7240.95-1.96%-3.53%S&P2762.13-2.12%-3.85% The Metals: Gold fell $22.50 to a...Read More
By Frank HolmesIn its outlook for 2018, Thomson Reuters GFMS analysts see gold prices rising to $1,500 an ounce sometime this year on inflation fears. This would put gold at a level unseen since April 2013.According to Thomson Reuters, the price appreciation could be driven by "concerns that the United States may pull out of NAFTA," or the North American Free Trade Agreement. NAFTA, of course, i...Read More
Click Here to Listen to the Interview - *the interview begins at 05:25Greg Weldon of Weldon Financial talks about precious metals and other commodities. Greg has some interesting things to share about inflation taking hold in 2018, what kind of year he thinks it'll be for gold and silver. Plus, you'll find out which precious metal this veteran commodities trader is most excited about.Click Here t...Read More
By Ira EpsteinWage increases increased at the most rapid rate since 2009, causing interest rates to soar which sent gold prices down sharply today.https://www.iraepstein.com/ Read More
Something is going on in the global bond market and it doesn't look good for most of the other markets. In the US Treasury market, yields have broken above resistance levels not seen since 2014 respectively and we're seeing similar moves in the global sovereign bond markets.There are many reasons interest rates matter, today we're going to look at three of those reasons.First is the debt that was...Read More
Cranbrook, B.C., February 2nd, 2018: Eagle Plains Resources Ltd. (TSX-V: "EPL") has executed a formal arrangement agreement related to the proposed spin-out of Taiga Gold Corp. ("Taiga"). As announced September 26th, 2017, Eagle Plains plans to reorganize certain Saskatchewan mineral property assets under the name Taiga Gold Corp. ("Taiga") in an effort to maximize shareholder value.Under the te...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort298,32791,06557,648154,690379,766510,665528,479Change from Prior Reporting Period -7,485-63-6,875-6,768-16,244-21,128-23,182Traders18286734556262185 Small Speculators LongShortOpen Interest 48,66730,853559,332 -1,96193-23,089 non reportable positionsChange from the previous repor...Read More
Global investors are radically underinvested in gold today. Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening. As stocks roll over...Read More
That's it? Dishonest and misleading memo wrecked the House intel committee, destroyed trust with Intelligence Community, damaged relationship with FISA court, and inexcusably exposed classified investigation of an American citizen. For what? DOJ & FBI must keep doing their jobs.Continue...Read More
By Gordon LongIn this 30 minute video which includes over 20 slides, Charles Hugh Smith and Gordon T Long discuss their 2018 Themes.http://gordontlong.com/ Read More
Global investors areradically underinvested in gold today. Years of relentless stock-market rallying to endless new record highshave left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled theseextreme stock markets through epic easing are reversing to massive andunprecedented tightening. As stocks...Read More
By Steve St. AngeloThe U.S. Government is in serious trouble when interest rates rise. As interest rates rise, so will the amount of money the U.S. Government will have to pay out to service its rapidly rising debt. Unfortunately, interest rates don't have to increase all that much for the government's interest expense to double.According to the TreasuryDirect.gov website, which came back on...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big new source of physical demand. Third, the huge number of gold-related initial coin offerings (ICOs) in this largely unregulated pipeline will r...Read More
The gold price had a good start for 2018, rising from 1310 at the start of January to a high of $1367 with the most recent trading price of $1351. Which is set against my forecast for 2018 for the gold price to first target resistance $1375, an eventual break of which would propel the Gold price towards a 2018 target of $1500, and then further for the Gold price to ultimately target a trend toward...Read More
Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More
By Avi Gilburt First published on Wed Jan 31 for members: While I would love to suggest that the market is ready to break out in a big way, I still have no clear indications that is the case just yet. And, this comes more so from the GDX than either of the metals themselves. So, I am going to focus on the GDX in this update.The action over the last two days has been a lot more convoluted t...Read More