By Richard (Rick) MillsAs a general rule, the most successful man in life is the man who has the best informationCrude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking...Read More
Here are a few charts on the USD, Gold, Silver and GDX showing the Thursday's reversals. One day does not make a trend. However, today Friday is a new trading day. Let's see what it brings...? ********* Read More
In yesterday's alert, we wrote that the situation could change quickly and that in such a case, we would send another alert. Six minutes after yesterday's opening bell, we already posted the second alert. And for a very good reason. The USD Index took a deep dive and metals were not even close to reacting in a normal way. They were actually a bit lower. We know an extremely bearish signal when w...Read More
- Davos elite hear warnings of complacency akin to 2007 as economic risks grow- Toxic mix of infallible belief, arrogance, megalomania and economic ignorance- Some express concern economies are vulnerable due to imbalances, trade, geo-political tensions- Soros: Trump creating 'mafia state' & 'set on a course towards nuclear war' with N Korea- Bond bear market, rising interest rates and massi...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
First of all, we want to thank our clients for the privilege of managing their assets and we wish all of you a healthy and prosperous 2018!They say records are made to be broken and, so far, the US economy is on track to do just that. The current economic expansion is now the third longest in US history going back to 1854. If it can survive through May 2018, it will be the second longest and, if a...Read More
Listen to this podcast on our site airing Saturday by clicking here or subscribe on iTunes here.Stocks, commodities, and gold are having a good start to the year. However, with a pickup in inflation and the dollar's recent woes, gold may start to take the lead.This time on Financial Sense, we spoke with Frank Holmes from U.S. Global Investors about his take on gold and where he...Read More
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