CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Dr. Chris of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global politicals, financial markets, governmental policy, precious metals and the importance of preparedness amon...Read More
By Graham SummersSince 2008 the financial media has been proclaiming that the US was in a "recovery." This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion in QE.Well, it turns out there was no recovery to speak of when it comes to jobs. According to a report posted on Friday, an incredible 93% of ALL...Read More
By Frank HolmesStrengthsThe best performing precious metal for the week was palladium, up 6.17 percent. Consumer demand is rising for gasoline- versus diesel-engine powered vehicles, yet automobile sales have started to relax in recent months. According to Bloomberg, gold bulls outnumber gold bears this week as Trump probes are boosting safe-haven demand for the yellow metal. In fact, gold adv...Read More
By Keith Weiner The jobs report was disappointing. The prices of gold, and even more so silver, took off. In three hours, they gained $18 and 39 cents. Before we try to read into the connection, it is worth pausing to consider how another market responded. We don't often discuss the stock market (and we have not been calling for an imminent stock market collapse as many others have). The initi...Read More
Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More
A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More
Full Article: SWOT Analysis: Deutsche Bank Says Investors Should Prepare for Flight to GoldBy: Frank HolmesStrengthsThe best-performing precious metal for the week was palladium, up 4.18 percent. Bloomberg reports that rising automobile demand may be sending palladium futures toward the steepest rally since April 20.Bloomberg's weekly poll of traders and analysts show the trending heading toward...Read More
I was shocked by Friday's announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself. This was one of those rare cases where the source anno...Read More
Jun 06, 2017 Guest(s): Todd 'Bubba' Horwitz Chief Market Strategist, BubbaTrading.com Gold prices ended the U.S. day session solidly higher and hit a seven-week high Tuesday. Prices are within easy striking distance of the key $1,300 mark. Meanwhile, silver prices notched just a five-week high but remain in a near-term uptrend. August Comex gold was last up $14.80 an ounce at $1,297.40. July Com...Read More
Jun 06, 2017 Guest(s): Vince Lanci Gold's strong momentum continues as it hovers within striking distance of $1,300 an ounce, and according to veteran trader Vince Lanci, the metal may have more upside. Gold is gaining momentum as investors digest key upcoming events like the U.K. elections and ECB meeting on Thursday as well as next week's Federal Reserve policy meeting in which markets are pr...Read More
Jun 06, 2017 Guest(s): James Ledbetter Editor, Inc. A gold standard would just not work today, at least that's what author and Inc. editor James Ledbetter thinks. Speaking with Kitco News days before the release of his latest book -- One Nation Under Gold -- he shares his strong views against returning to a gold standard. I don't see a return to a gold standard making any sense either for the U....Read More
"Did you change your vote because of Putin? Did anybody?"Watch the latest video at video.foxbusiness.comJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is i...Read More
President Donald Trump's proposed budget has generated hysteria among the American left. Prominent progressives have accused the president and his allies of wanting to kill children, senior citizens, and other vulnerable Americans. The reaction of the president's allies - including some conservatives who should know better - is equally detached from reality as they hail Trump for launching a major...Read More
I took a long break from presenting at investment conferences, during the extended correction in precious metals. Attendance at these shows had dropped considerably and there just wasn't much to be excited about.But prices for gold and silver have started moving higher over the past two years. Gold is up 22% from the December 2015 low of $1,050 to $1,282 today. The gold bull awoke from its slumbe...Read More
We're fairly confident' that bullion will do well: TD's MelekEconomic and political tail-risks set to boost prices: KavalisEl-Erian Says June Fed Rate Hike Still on the TableGold may extend gains after climbing to the highest level in six weeks following disappointing monthly reports on U.S. employment and wages, according to two analysts attending a conference in Singapore this week.Prices will p...Read More
CNN stages Muslim protest in London. Look at them stage-managing the scene after another horrible event, a clear violation of journalistic ethics. Media analyst Mark Dice has the story.Read More
Tom Beck, editor of Portfolio Wealth Global, discusses why he believes inflation will increase and steps investors can take to protect themselves. If last week's Paris Agreement taught us anything, it is that when there's a strong trend in place, it takes a bubble bursting to clear it out of the way.The U.S. withdrew from the agreement, which basically means that instead of being the poster boy...Read More
Continue...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 conventio...Read More
Jun 05, 2017 Guest(s): Peter Hug Director, Global Trading, Kitco Metals Gold remains bid after Friday's short-covering rally on a weaker jobs number, this according to Peter Hug, global trading director for Kitco Metals. "The terror attack over the weekend in London has created more uncertainty on the outcome of the British election on Thursday, and the European Central Bank meeting on Thursday...Read More