"Supply and demand" does not always determine the price trend of crude oil As you probably know, Hurricane Ida hit Louisiana on August 29, the exact date that Hurricane Katrina made a Louisiana landfall sixteen years earlier.On August 30, the Wall Street Journal said:Oil Industry Surveys Damage After Hurricane Ida Slams LouisianaThe storm disrupted fuel supplies, and the speed of the recovery will...Read More
"Supply and demand" does not always determine the price trend of crude oil As you probably know, Hurricane Ida hit Louisiana on August 29, the exact date that Hurricane Katrina made a Louisiana landfall sixteen years earlier.On August 30, the Wall Street Journal said:Oil Industry Surveys Damage After Hurricane Ida Slams LouisianaThe storm disrupted fuel supplies, and the speed of the recovery will...Read More
Haywood Capital Markets commented in a research report that the newly announced discoveries at Liberty Gold Corp.'s Black Pine Project highlight the unbounded nature of the underlying gold system. Haywood rates Liberty Gold as a "Buy" and recommends accumulating shares at current price levels. Analyst Geordie Mark, Ph.D. of Haywood Capital Markets commented in a September 1 research note that Can...Read More
Clients often ask when they should sell precious metals. We usually suggest one basic rule around the timing. After that, the decision to sell will depend upon whether your reasons for holding gold and silver have changed.The basic rule is to avoid selling based on impulse. Humans are emotional creatures and studies show most of us make poor choices when it comes to timing. If you are making a sna...Read More
When the Fed entices grown up kidswith sweet words, they hit the candy store and stock up on gold, silver, andstocks. A sugar hangover follows.Beware of the candyman!With Fed Chairman Jerome Powellperforming his usual dovish dance on Aug. 27, gold, silver, and mining stockswere like kids in a candy store. However, with the short-term sugar highs oftenleaving investors with nasty stomach aches, the...Read More
“Gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged—nature’s hard asset.” – Matthew Hart, Vanity Fair magazineFacing down our investment fearsCourage comes from a strategy you...Read More
"The planet needs Jerome Powell."This we learn from a certain Robinson Meyer - a staff writer for The Atlantic magazine. More from whom:Biden should renominate Powell for the climate's sake. The argument for keeping him is simple. Biden wants to do a lot of hard things to combat climate change, including passing an infrastructure bill, regulating car and truck pollution, revitalizing American indu...Read More
Spread the loveLet me explain something. What I have pointed out about gold is that it DOES NOT rally merely because of inflation or the rise in debt. It will rally when we are looking at the collapse in confidence. The central banks have no desire to raise for their own budget will blow apart. The Fed is restrained by the ECB and the rest of the central banks pleading with the Fed on their knees...Read More
Clients often ask when they should sell precious metals. We usually suggest one basic rule around the timing. After that, the decision to sell will depend upon whether your reasons for holding gold and silver have changed.The basic rule is to avoid selling based on impulse. Humans are emotional creatures and studies show most of us make poor choices when it comes to timing. If you are making a sna...Read More
When the Fed entices grown up kidswith sweet words, they hit the candy store and stock up on gold, silver, andstocks. A sugar hangover follows.Beware of the candyman!With Fed Chairman Jerome Powellperforming his usual dovish dance on Aug. 27, gold, silver, and mining stockswere like kids in a candy store. However, with the short-term sugar highs oftenleaving investors with nasty stomach aches, the...Read More
“Gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged—nature’s hard asset.” – Matthew Hart, Vanity Fair magazineFacing down our investment fearsCourage comes from a strategy you...Read More
Clients often ask when they should sell precious metals. We usually suggest one basic rule around the timing. After that, the decision to sell will depend upon whether your reasons for holding gold and silver have changed.The basic rule is to avoid selling based on impulse. Humans are emotional creatures and studies show most of us make poor choices when it comes to timing. If you are making a sna...Read More
When the Fed entices grown up kidswith sweet words, they hit the candy store and stock up on gold, silver, andstocks. A sugar hangover follows.Beware of the candyman!With Fed Chairman Jerome Powellperforming his usual dovish dance on Aug. 27, gold, silver, and mining stockswere like kids in a candy store. However, with the short-term sugar highs oftenleaving investors with nasty stomach aches, the...Read More
“Gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged—nature’s hard asset.” – Matthew Hart, Vanity Fair magazineFacing down our investment fearsCourage comes from a strategy you...Read More
LONDON, 2 September 2021 - Comment on the gold-market from BullionVault is highlighted today by a report posted at MSN Money, the finance pages of Microsoft's global web portal."The question [for gold] this fall is whether the market thinks central bankers will dare to tighten policy faster than inflation raises the cost of living," says the report, quoting BullionVault comment.Find the story, fir...Read More
Even though to meet this guidance, Kopy Goldfields must achieve significantly higher production in this year's second half, "we believe H2/21 will show such growth," an Edison Investment Research report noted. In a Sept. 1 research note, Edison Investment Research analyst Alison Turner reported that Kopy Goldfields AB (KOPY:ST) posted "a competent set of H1/21 results" despite a challenging star...Read More
Fabled Silver Gold continues successful exploration in Mexico while preparing to spin off its copper project in Canada. Fabled Silver Gold Corp. (FCO:TSX.V; FBSGF:OTCQB; 7NQ:FSE) is making a new name for itself - Fabled Copper Corp. - as it spins off its Muskwa copper property in British Columbia, Canada while also making news at its Santa Maria silver and gold project in Parral, Mexico. The s...Read More
Spread the loveQUESTION: I have listened to the goldbugs for years. But it seems as though they always say the same thing that the dollar will crash because of debt, the stock market will crash and the only thing to survive is gold. But this advice has missed everything for years. I was told to listen to you. Can you explain why gold has declined while stocks rise and the money supply expands?Than...Read More
The canine days are ended... and today is the initial day of September.Here in Annapolis, summer's hell fever has broken - for the day at least. Rain and storms blew through. And a sharp, refrigerating wind steals in from the bay.The weatherman projects clearing and cooling conditions to the 10-day horizon. We hope he is correct.But no more seasonal reflections. Our beat is money. And markets. To...Read More
Sep 07, 2021 Guest(s): Michael Lee Founder, Michael Lee Strategy The withdrawal of U.S. troops from Afghanistan has left a power void in the region, with some analysts saying that weaker American presence overseas could signal a threat to the U.S. dollar as a global reserve currency.Michael Lee, founder of Michael Lee Strategy, discusses the impacts on the U.S. dollar and American economy of the...Read More