When Bitcoin prices plummeted 23% on Jan. 16, 2018, investors poured back into the best store of value on the planet – gold. Precious metal dealer CoinInvest sold $1.2 million in gold while crypto prices dipped.And we weren't surprised…Look, everyone knows gold is one of the best investments you can make during times of economic uncertainty. It's so valuable because there's only a fini...Read More
By Ira EpsteinGold and silver continue to consolidate recent gains.https://www.iraepstein.com/ Read More
By Ira EpsteinGold and silver continue to consolidate recent gains.https://www.iraepstein.com/ Read More
Jan 29, 2018 Overly optimistic sentiment in the financial markets may reverse trends and cause investors to rush into gold, said Peter Schiff, CEO of Euro Pacific Capital. Speaking on the recent euphoria in equity markets, "I think they've more than priced in benefits of the tax cuts," Schiff told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "these tax cuts are not...Read More
Jan 26, 2018 Guest(s): Bill Murphy Director, GATA Gold and silver should be trading at much higher levels when compared with historical prices, said Bill Murphy, Director of the Gold Anti-Trust Action Committee."Two of the markets that should be on fire are gold and silver," Murphy told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "when you look at where we were s...Read More
For Part 1 of this interview, CLICK HEREListen to the explosive conclusion of my two part interview with Jim Rickards. Find out what Jim has to say about not just gold but also silver, and where he thinks things are headed between the U.S. and North Korea. Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global S...Read More
In this week's SD Metals & Markets, fund manager David Kranzler tells us he is bearish on the U.S. dollar.Kranzler says in the short term the U.S. dollar is oversold and gold is extended. But long term, he sees the U.S. dollar going a lot lower, and he says gold could hit $1,400 this year. And he is also bullish on junior mining stocks.Contrary to what the Fed is saying, Kranzler presents evidence...Read More
Continue...Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Jan 29, 2018 Guest(s): David Morgan The Morgan Report Gold and silver should see further appreciation in 2018 through 2020, said David Morgan of The Morgan Report. In an interview with Kitco News on the sidelines of the Vancouver Resource Investment Conference, Morgan said that until gold and silver reach $1,550 and $22 an ounce, respectively, the metals should see a more or less "lackluster" ma...Read More
Men in France could be fined ?,?350 (US$435) for following women on the street, whistling at them, commenting about their appearance Continue...Read More
(Kitco News) - The list of potential bidders for ScotiaMocatta, the world’s oldest gold trader owned by Canadian Bank of Nova Scotia (TSX: BNS.TO), has dwindled down to just two candidates, according to reports.Goldman Sachs and Citi are the two final players left in the game, Financial Post cited three banking and industry sources as saying this week.Both are currently in the middle of thei...Read More
Jan 25 (Reuters) - Gold prices edged up on Friday, recovering from a fall of as much as over 1 percent from 1-1/2-year highs in the previous session after U.S. President Donald Trump backed a strong dollar.FUNDAMENTALS* Spot gold rose 0.3 percent to $1,350.86 per ounce at 0126 GMT. The precious metal has gained 1.5 percent so far this week.* Spot gold rose to 1,366.07 on Thursday, the highest sinc...Read More
CloseGain/LossGold $1348.00-$9.70Silver$17.30-$0.26XAU89.91-2.36%HUI202.24-2.38%GDM678.63-1.46%JSE Gold1327.01+13.06USD89.28+0.03Euro124.17+0.15Yen91.65-0.11Oil$65.51-$0.1010-Year2.618%-0.034T-Bond149.40625+0.9375Dow26392.79+0.54%Nasdaq7411.16-0.05%S&P2839.25+0.06% The Metals: Gold gained $8.30 to $1366.00 in Asia before it dipped back under unchanged in London and then climbed back toward...Read More
In our second GoldNomics podcast, we take a look at one of the important financial questions of our day - is this the greatest stock market bubble in history?Listen on iTunes, SoundCloud and BlubrryWatch on YouTube belowGoldCore CEO Stephen Flood and GoldCore's Research Director and world renowned precious metals commentator Mark O'Byrne in conversation with Dave Russell discuss why...Read More
Deliberate weakness of the US dollar by the Americans resulted in all metals and energies zooming. The Trump administration wants a weaker US dollar. As a gold bull, I hope that other central banks also jump into the bandwagon of weakening their currencies and we start a central bank currency war. If this happens gold will easily rise to $1961.80 before the end of the year. Manipulating currency...Read More
* Dollar trades above recent lows vs major peers* Euro retreats from 3-year high* Sterling backs off its post-Brexit vote peak By Masayuki KitanoSINGAPORE, Jan 26 (Reuters) - The dollar traded above its recent lows against major rivals on Friday, having bounced after U.S. President Donald Trump said he wanted a "strong dollar", contradicting earlier comments made by Treasury Secretary S...Read More
Guy Faulconbridge, Jonathan Saul, Polina NikolskayaPARIS/LONDON/MOSCOW (Reuters) - North Korea shipped coal to Russia last year which was then delivered to South Korea and Japan in a likely violation of U.N. sanctions, three Western European intelligence sources said.The U.N. Security Council banned North Korean exports of coal last Aug. 5 under sanctions intended to cut off an important source of...Read More
SINGAPORE, Jan 26 (Reuters) - Singapore's Urban Redevelopment Authority released detailed estimates for the change in private home prices in the fourth quarter of 2017:Quarter-on-quarter, percentage price change:QuarterQ4/2017 Q3/2017Singapore+0.8 +0.7private home prices *Rentals of private residential properties were down 0.9 percent in the fourth quarter from the previous quarter.*The latest fig...Read More
Jan 26 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.HeadlinesDraghi takes swipe at U.S. for talking down dollar South Korea hits back at U.S. with WTO tariffs challenge FCA fines UK arm of Interactive Brokers for poor controls Overview- European Central Bank chief Mario Draghi took a swipe atU.S....Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -0.3 pct, CSI300 -0.6 pct, HSI -0.9 pct* HK->Shanghai Connect daily quota used 11.5 pct, Shanghai->HK daily quota used 22.5 pct* HK->Shenzhen Connect daily quota used 7.6 pct, Shenzhen->HK daily quota used 4.3 pct* CNY official close 6.3315 per dollar* FTSE China A50 -0.9 pct, BNY Mellon ADR China Select Index +0.7 pct SHANGHAI, Jan 26 (Reuters)...Read More