'Twas the young year's landmark week, the Dollar's knees going weak:?- Gold's Key Pop: Last year's high of 1362? Gone, price trading up to 1365 in the 06:00 GMT hour on Thursday. For the run toward our "conservative" forecast high in 2018 of 1434, getting past last year's peak is a first milestone, the next one obviously being Base Camp 1377. Once thought to be the saving grace following Gold's f...Read More
By Jordan Roy-Byrne Gold and gold stocks have enjoyed an excellent rebound since their December lows. Over the past six weeks Gold rebounded from a low of $1238 all the way to $1365 in recent days. The miners meanwhile rebounded nearly 18% (GDX) and 21% (GDXJ). However, these markets are approaching important resistance levels and at a time when sentiment is becoming stretched and the US Dollar...Read More
With the rally continuing to power higher in the stock markets I'm going to update the portfolio combo charts so you can see how this once is a lifetime rally in unfolding. When this impulse move finally burns itself out we will get a decent sized correction that may take a year or two build out. Until then the hardest thing for most investors riding this bull is to hang on for dear life.For over...Read More
By Gary SavageThis video explores a provocative hypothesis that stock's current parabolic move will end much differently than anyone imagines.https://blog.smartmoneytrackerpremium.com/ Read More
This week the Dow Jones closed at new all-time highs every day except for Tuesday; the 96th to 99th since the November 2016 presidential election. Of January's eighteen NYSE trading sessions, eleven of them closed with the Dow Jones at a new all-time high.The drama of this advance can't properly be displayed on a BEV chart; not with every new all-time high being equal to Zero. However, looking at...Read More
Dear Friend of GATA and Gold:Technical analyst Clive Maund today takes a crack at those who complain about the rigging of the monetary metals markets. In commentary headlined "Controlled Demolition of the Markets -- Dollar, Next Treasuries, Then Stocks -- Gold, Silver, and PM Stocks to Soar" --http://news.goldseek.com/CliveMaund/1516975121.php-- Maund asserts: "The extensive talk about manipulat...Read More
By John MauldinThe Plow Horse Speeds UpLibraries and TypewritersBetter MousetrapsSonoma and San DiegoFictitious Wall Street villain Gordon Gekko famously declared, "Greed is good." I think actual Wall Street titans would mostly disagree. They would change one word. Instead of "greed," they would say, "Growth is good." That is Wall Street's real mantra. Growth is the magic elixir we all need.Gett...Read More
Garibaldi ResourcesPopular junior mining stock Garibaldi Resources receives some harsh comments from Brent Cook at the 2018 Vancouver Resource Investment Conference.At the Vancouver Resource Investment conference on Sunday, January 21 at 1pm conference host Marin Katusa hosted a panel called A Big Scam or The Big Score?Panelists included Brent Cook and Frank Curzio.Host Marin Katusa asked them que...Read More
By RambusWith the rally continuing to power higher in the stock markets I'm going to update the portfolio combo charts so you can see how this once is a lifetime rally in unfolding. When this impulse move finally burns itself out we will get a decent sized correction that may take a year or two build out. Until then the hardest thing for most investors riding this bull is to hang on for dear lif...Read More
By Steve St. AngeloThe leverage in the economic system has become so extreme; investors have no idea of the disaster that is going to take place during the next stock market crash. The collapse of the U.S. Housing and Investment Banking Industry in 2008 and ensuing economic turmoil was a mere WARM-UP for STAGE 2 of the continued disintegration of the global financial and economic system.While...Read More
Silver guru David Morgan shares where he sees gold and silver prices going in 2018, and weighs in on the next metal investors should watch.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious meta...Read More
"We apologize for the misconduct and the lack of judgment of individuals. We're convinced the scientific methods chosen then were wrong. It would have been better to do without such a study in the first place."Continue...Read More
What's going on is a sell-off in the Treasury market.Continue...Read More
DUBAI, Jan 28 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Earnings lift Wall St to record highs; dollar fall continues * MIDEAST STOCKS-Oil buoys Gulf markets, Qatar and Saudi lead * Oil settles higher, posts weekly gain as weak dollar...Read More
(Adds Wynn statement)By Steve Holland and Ginger GibsonWASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican Party's fundraising arm on Saturday, a day after a newspaper reported that he routinely subjected women who worked for him to unwanted sexual advances."Today I accepted Steve Wynn's resignation as Republican National Committee...Read More
WASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn is resigning from his position as Republican National Committee finance chair amid allegations of sexual misconduct, Politico reported on Saturday, citing three Republicans familiar with the decision.The Wall Street Journal reported on Friday that Wynn has routinely subjected women who work for him to unwanted sexual advances in a pa...Read More
* To hike bonuses to retain investment bankers - paper* Bonuses had been cut to around 500 mln euros in 2016* Bonus hike could draw further criticism from shareholders* Asset management flotation may come in March/April - source (Adds fund manager comment, source on asset management flotation)FRANKFURT, Jan 27 (Reuters) - Deutsche Bank will hike annual bonus payments to more than 1 billion euros (...Read More
FRANKFURT, Jan 27 (Reuters) - Deutsche Bank will hike annual bonus payments to more than 1 billion euros ($1.2 billion) despite posting its third consecutive annual loss in 2017, a German newspaper reported.The move comes amid concern another year of low bonuses could prompt investment bankers to defect to more generous competitors, German weekly Frankfurter Allgemeine Sonntagszeitung said on Satu...Read More
(Refiles JAN 25 story to clarify Swissport description in headline and first paragraph)ZURICH, Jan 25 (Reuters) - Chinese conglomerate HNA Group is planning to float its Swissport unit on the Swiss exchange later this year, the airport ground services and cargo handling business said on Thursday, confirming an earlier report from Reuters.Swissport said the decision to list in its home country und...Read More
A South African businessman now living in Canada wants to sell a unique collection of solid gold items intimately associated to Nelson Mandela, including the world's only gold cast hand belonging to the anti-apartheid revolutionary and political leader, who died in 2013.Malcolm Duncan worked alongside Madiba opening a breast cancer clinic back in 2000. He confesses that, while he didn't like Mande...Read More