North Korean Leader Kim Jong Un just stated that the "Nuclear Button is on his desk at all times." Will someone from his depleted and food starved regime please inform him thatContinue...Read More
A major shift in sentiment will drive prices in the new yearWith such a solid end to 2017, it prompts the question what we might expect of gold in 2018. The most immediate question is whether or not it will pick up where it left off 2017 and continue its climb into the New Year, or fizzle and spend the year going sideways or worse, down. I have refrained from the perennial turn of the year predict...Read More
Sources cited in Chinese newspapers said the PLA are "preparing for war on the Korean Peninsula" .Continue...Read More
June of 2017 marked the date at which the inflation genie was let out of the bottle.That was the month that:1) Fed Chair Janet Yellen began the process through which the Fed publicly admitted that it has no clue about how inflation really works.2) The Bank of Japan (BoJ) announced it would continue its massive QE program despite clear evidence Japan's economy was out of trouble.3) The...Read More
With such a solid end to 2017, it prompts the question what we might expect of gold in 2018. The most immediate question is whether or not it will pick up where it left off 2017 and continue its climb into the New Year, or fizzle and spend the year going sideways or worse, down. I have refrained from the perennial turn of the year prediction sweepstakes for a number years, but I will venture out o...Read More
June of 2017 marked the date at which the inflation genie was let out of the bottle.That was the month that:1) Fed Chair Janet Yellen began the process through which the Fed publicly admitted that it has no clue about how inflation really works.2) The Bank of Japan (BoJ) announced it would continue its massive QE program despite clear evidence Japan's economy was out of trouble.3) The...Read More
As we begin a New Year, I want to share with you the five most popular Frank Talk posts of 2017. One common theme you'll see in these posts is they all center on the topic of gold. Although we specialize in educating investors about gold and managing gold funds, it's worth noting that our gold posts garnered more interest than our bitcoin and blockchain posts in this year of cryptocurrency craze.C...Read More
We are now entering the upward phase of gold's 8-year cycle, and that should bring some fun gains. And this comes at a time when gold has not been getting much of investors' attention. If gold stays flat for a year, and Bitcoin twinkles to get all of the attention, speculators eventually drift away from gold. That sets up a great opportunity for gold to start getting more attention, and more money...Read More
CloseGain/LossGold $1318.20+$15.00Silver$17.17+$0.23XAU88.14+3.36%HUI198.60+3.27%GDM666.00+2.30%JSE Gold1317.36+13.77USD91.86-0.44Euro120.65+0.62Yen89.12+0.31Oil$60.37-$0.0510-Year2.458%+0.047T-Bond151.84375-1.15625Dow24824.01+0.42%Nasdaq7006.90+1.50%S&P2695.79+0.83% The Metals: Gold gained $11.20 to $1314.40 in midmorning New York trade before it pared back heading into midday, but it the...Read More
Strengths ?In the final week of the year, the Bloomberg survey of analysts and traders showed the majority of respondents are bullish on the gold price for a third straight week. The yellow metal will end 2017 on a strong note closing out the year with a 13.09 percent gain for spot prices, while the U.S. dollar will see its worst year in more than a decade. Silver was the best performing metal for...Read More
By Ira EpsteinGold and silver have a nice start to the year. Budget talks will be in focus.https://www.iraepstein.com/ Read More
2018-01-02 08:31 ET - News Release(via TheNewswire)VANCOUVER, BRITISH COLUMBIA / TheNewswire / January 2, 2018 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG ) is pleased to announce that the site survey, in preparation for 3D seismic geophysics, at the Company's Paradox Basin Petrolithium Project, has been completed. The site survey covers the Company's...Read More
June of 2017 marked the date at which the inflation genie was let out of the bottle.That was the month that:1) Fed Chair Janet Yellen began the process through which the Fed publicly admitted that it has no clue about how inflation really works.2) The Bank of Japan (BoJ) announced it would continue its massive QE program despite clear evidence Japan's economy was out of trouble.3) The...Read More
By Jordan Roy-Byrne There are very few sellers leftThere were very few sellers left in January 2016 when the devastating "forever bear" was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They drove the miners and juniors down by 40% to 45% in less than five months. However, both GDX and GDXJ have been able...Read More
Full Article: SWOT Analysis: Gold Prices Up 10 Percent For 2017By: Frank HolmesStrengthsThe best performing precious metal for the week was platinum, up 2.64 percent. For the second week in a row gold traders are bullish as the year comes to a close, according to Bloomberg's survey of traders and analysts. Additionally, the yellow metal saw a second weekly advance as bond yields climb with slow...Read More
We hope everyone had a happy New Year.There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?Get a reverse mortgage! The number to call is 1-800-GET-CASH. That number again is one eight hundred get your free cash now!To summarize...Read More
Source: Jack Chan for Streetwise Reports 01/02/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting buy signals for both gold and silver at the close of 2017. -->Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long...Read More
The world's most awesome asset is taking the world gold community into the new year with grand style. Gold has stunned most analysts and roared to my $1310 target price without missing a heartbeat!The bull wedge pattern is both majestic and powerful. The ultimate price target of this pattern is a minimum price of $1350 and arguably as high as $1490.When "QE to Infinity" and the death of the Americ...Read More
Graceland Updates By Stewart Thomson 1. The world's most awesome asset is taking the world gold community into the new year with grand style. Please click here now. Double-click to enlarge. Gold has stunned most analysts and roared to my $1310 target price without missing a heartbeat!2. The bull wedge pattern is both majestic and powerful. The ultimate price target of this p...Read More
Current Position Of The MarketSPX: Long-term trend - The bull market is continuing with no sign of a major top in sight.Intermediate-trend - short-intermediate top is forming.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.Correction is...Read More