(The opinions expressed here are those of the author, a columnist for Reuters)By Jamie McGeeverLONDON, Jan 15 (Reuters) - The direction fast money is flowing at the start of the year could not be clearer as hedge funds and speculators ramp up their bets on a lower dollar and higher U.S. bond yields. Most of these bets are currently in the money. The dollar hit a three-year low on Monday, the 10-y...Read More
Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More
Bob Moriarty ArchivesJan 15, 2018The "Everything Bubble" is bursting. This is going to get ugly.I suspect it began with the top in Bitcon and the other 1300-1400 related pseudo currencies back in December. I did an interview in the first week of December where I said Bitcon was in a bubble. I believed it would do the same thing every other bubble in history did. It was going to crash and take all...Read More
Bob Moriarty ArchivesJan 15, 2018Columbus Gold has received the final approval for the spinout of Allegiant. Any Columbus Gold share holders as of an effective date of January 19th will get a bonus of 20% of the number of Columbus Gold shares they own as of that date.I wrote about the dealon December 6th but had been given an incorrect date. You want to own the shares as of the 19th.Allegiant is a...Read More
Featured GuestsBill Murphy & Arch CrawfordShow HighlightsBill Murphy of GATA.org, returns with extremely bullish comments on the PMs. Millions of new Bitcoin millionaires may convert a fraction of their digital wealth for something tangible resembling Bitcoin that they can hold in their hands - gold bullion. Stacey Herbert and Max Keiser of the Keiser Report on RT recommend gold and continue to...Read More
In Part II we examine why in 2018 we will see "Accelerating Social Change". Though there are many reasons the video focuses on four drivers which are accelerating Social Change with the aid of 12 supporting slides. http://gordontlong.com/ Read More
Somewhere out there is an event or major trend change that will take gold from 1300 to 10000. Then the COT (commitment of traders report) won't matter. You don't want to go all in on a minor technical move that causes you to miss the big move. If you miss it you'll feel stupid for the rest of your life. That's why it's so important to retain your physical holdings as an insurance policy for the in...Read More
By Jordan Roy-Byrne CMT, MFTA The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes to Gold we are always analyzing the reason behind the moves s...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12January 15, 2018This Time is DifferentEight Centuries of Financial Folly -Carmen M. Reinhart & Kenneth S. Rogoff This time is different. It has a nice ring to it. It is also a mantra we have heard many times. Financial crises are something that happens to other people, in othe...Read More
By John MauldinOptimism and Hong KongEasterling: Correction and ContinuationJensen: The US Is 1980s JapanLebowitz: Buy the Dip?Lewitt: Charts Point to CautionInsights from Lacy HuntHousel: What a Time to Be AliveBoston and BaltimoreOnly two weeks in and 2018 is already breaking records - mostly in a good way. But that leaves 50 potentially less enjoyable weeks to go. So rather than focus on prom...Read More
When you are following the markets closely day after day it can be easy to lose sight of the big picture. So with the "everything bubble" getting closer to bursting, leading to universal mess and mayhem, there could not be a better time to look at the long-term picture for gold and silver, in order to see whether they are going to salute and go down with the ship, like they did in 2008, or const...Read More
Just a quick update on GLD which is showing the price action approaching the top rail of its triangle trading range which should be around the 127.50 area. Many times during the formation of a 5 point triangle reversal pattern the price action will fail to make it all the way down to the 5th reversal point which suggests the bulls are eager to get positioned. A touch of the top rail will complet...Read More
By Gary TanashianAfter a positive year-end with the expected precious metals rally we noted on Dec. 31, in NFTRH 480:"With HUI dwelling just under the 195 resistance parameter, a pullback can come at any time. But there are enough other factors still in line to expect a resumed rally after any grind at resistance comes into play."and then on Jan. 7, in NFTRH 481:"What HUI actually did was immedi...Read More
That was fun. Since mid-December gold has behaved like a tech stock, jumping from $1,240/oz to $1,337 and carrying a long list of gold mining stocks along for the ride.Now everybody's asking the same question: Is this finally the start of the long-overdue run at gold's (and silver's) 2011 record high, or just a case of futures speculators once again panic-buying themselves into an untenable long...Read More
"We've got to understand that North Korea is holding onto these nuclear weapons because they think it is their only protection from the United States coming in andContinue...Read More
- London homeowners cut property prices by another 1.4% in January- Average price for a London house dropped by ?22,000 to ?600,926 in 2017- Takes 78 days to sell a home on average, the highest level since 2012- London's downtrend continues after 2017 performance as worst UK housing market- UK regional house prices begin to falter as house prices climb slows down- Gold bullion remains a great h...Read More
"There's teams dedicated to it... at least, three or four hundred people... they're paid to look at d*ck pics."Continue...Read More
The Roman Republic and the later Roman Empire had gold coins called the aureus and solidus, but they also minted a popular silver coin called the denarius. .Continue...Read More
For Part 1 of this interview, CLICK HERE"Some people believe that if you go to school you'll be happy, or if you get married you'll be happy. Well, I don't know about that, but gold has made me very happy."Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date...Read More
"This exceptional top-quality diamond is the largest to be mined to date and highlights the unsurpassed quality of the Letseng mine," Continue...Read More