By Dave KranzlerI experienced a real eye-opener this past week. The lease on my fiance's Audi A3 terminates soon. I was scanning the "pre-owned" inventory at the two largest Audi dealers in Denver expecting to see some good deals on 2013/2014 Audi A4's that had come off lease. Instead, I was shocked to see at both dealers a large selection of 2016/2017 A4s with less then 20k miles. Some under 10...Read More
By Frank HolmesStrengths? 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...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
By Keith WeinerWe 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...Read More
2018: The Year Of Living DangerouslyThere is one redeeming benefit to writing "forecasts": they invariably and inevitably reduce you to a quivering mass of humility as the hubris born of luck and circumstance is replaced with the reality of randomness. I have been reading research reports for years and the most useful portions are those where an analyst goes back and reviews his/her reasons for ow...Read More
By Graham SummersJune 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...Read More
By Michael J. KosaresWith 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, b...Read More
Momentum as well as technicals for the US dollar are bearish. Everyone is short the greenback. I will prefer to look for signs of profit taking on short US dollar positions. FOMC minutes on Wednesday, US December private ADP employment numbers on Thursday and US December nonfarm payrolls on Friday will affect the short term trend of the US dollar. Last year the focus of the markets was on intere...Read More
VANCOUVER, Jan. 2, 2018 /PRNewswire/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to report on key milestones achieved for 2017 and strategic goals for 2018 both for the Company and for its Moss Mine located in the Oatman District in NW Arizona, USA.Dear Shareholders,The past year has been transformative for Northern Vertex as...Read More
In the days leading up to the 2016 presidential election, which saw Donald Trump beat Hillary Clinton in an unprecedented win, a wealthyContinue...Read More
Peter KrauthGold prices today are pushing higher, extending December's 5% rally into the new year. That's not surprising for us, as we are predicting a gold bull market in 2018.Gold rose above $1,300 on Dec. 28 for the first time since early October, and it had plenty of momentum on its side. That's carried gold prices in 2018 even higher, as the yellow metal is up to $1,314.40 today.Despite a vol...Read More
Stratfor forecasts key geopolitical trends that will shape the global balance of power by the quarter, year and decade. Below is an overview of Stratfor's 2018 Annual Forecast. The complete forecast is available at Stratfor Worldview.Reckoning With North Korea: Though the threat of war on the Korean Peninsula can't be ruled out, the United States will probably try to avoid a costly preventive stri...Read More
Eric Griffin takes your top questions to ITM Trading's Chief Market Analyst Lynette Zang.Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes st...Read More
On November 28, a federal judge ordered Coinbase, a company that facilitates transactions in crypto-currencies Continue...Read More
Throughout the mining history of gold, the discovery of a large gold nugget is a rare event which always causes excitement throughout Continue...Read More
Supply is low and demand high and this is fueling the price gains of homes around the country. Neither of those is expected to ease up anytime soon.Continue...Read More
Although the amount of silver used in solar cells has been decreasing 5-6 percent per year, that's offset by the overall growth in the market of around 20 percent a year. Continue...Read More
LONDON, 2 January 2018 - London's financial newspaper CityAM today reports how BullionVault saw a surge of gold investment demand to mark the end of last year."Data from [the] online gold platform showed private investors' gold demand hitting a 13-month high in December to end 2017 with a bang," says the paper online."This was the heaviest net demand since November 2016, when Donald Trump won the...Read More
Eric Griffin takes your top questions to ITM Trading's Chief Market Analyst Lynette Zang.Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes st...Read More
(Recasts, adds details, background)* Singapore Q4 GDP +2.8 pct q/q annualised; +3.1 pct y/y* Median forecasts: +2.9 pct q/q; +2.7 pct y/y* Full-year 2017 growth 3.5 pct, fastest since 2014 SINGAPORE, Jan 2 (Reuters) - Singapore's economic growth slowed in the fourth quarter as manufacturing lost steam, weighing on a pickup in services sector activity, although full-year growth for 2017 was the f...Read More