Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Which countries have the most gold?Central banks around the world have aggressively added gold to their reserves over the last several years.In 2022, central bank gold buying came in at 1,136 tons. It was the highest level of net purchases on record dating back to 1950, including since the suspension of dollar convertibility into gold in 1971. It was the 13th straight year of net central bank gold...Read More
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Gold price has been falling in today’spre-market trading, but… Given the recent (HUGE!) weekly reversal, does itreally surprise anyone?The Historical ContextWell, it might surprise those thateasily forget what happened in the previous weeks and focus on just theday-to-day price swings, but the truth is that the context provided by previousweeks, months, and years (and the performance...Read More
While the yellow metal hit a newrecord high, the silver price remains below its post-pandemic peak. Recession RisksLoom Over SilverWhile gold has dominated the headlines recently,silver and mining stocks have been material underperformers. And with thelatter better barometers of investors’ enthusiasm, their relative weaknessshould concern the permabulls. Likewise, with w...Read More
While looser monetary policy may seembullish in the short term, the medium-term ramifications could upend the yellowmetal.Recession PessimismAheadThe ‘bad news is good news’ tradecontinues to dominate the financial markets, as weaker economic data isperceived as bullish for risk assets. In a nutshell: if the Fed pivots and endsQT, all of investors’ problems will disappear. Howeve...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points at 8:30 AM EDT.General Motors added $0.54 to $48.01 after announcing a $6 billion share buyback program.Eli Lilly advanced $13.44 to $878.45 after its Alzheimer drug received backing from FDA advisors. Target Hospitality dropped $2.97 to $7.53 after the U.S. government announced its intention to terminate it...Read More
The paint isn't even dry on the freshly-split NVIDIA shares and the financial media is already crowning it as the next big addition to the Dow.It's all just speculation at this point. But if NVDA keeps pace with its historic run, it would certainly be a welcome addition to the industrials. After all, NVDA just casually added another trillion bucks to its market cap as it stacks up a gain of nearly...Read More
We remain besieged by responses to our D-Day coverage.Certain readers nearly chain us Mr. Benedict Arnold. Reader B.H. for example.From whom:I find the comments about D-Day very disturbing. There was no need to disrespect D-Day on that day. Whatever your views on D-Day they could have been discussed at any time than on that day. You do all Americans a disservice when you have to dig into every a...Read More
We caught up with Dean Skurka, President and CEO of WonderFi Technologies (TSX: WNDR | OTCQB: WONDF) to discuss ...Read More
Visit Inland Tarp & Liner to Learn More: http://www.inlandtarp.com/ Watch Full Interview here: https://youtu.be/VVs5-uWWCYU ...Read More
Visit Inland Tarp & Liner to Learn More: http://www.inlandtarp.com/ Watch Full Interview here: https://youtu.be/VVs5-uWWCYU ...Read More
Visit Inland Tarp & Liner to Learn More: http://www.inlandtarp.com/ Mining Now and Media Partner CIM | Canadian Institute of ...Read More
Watch full interview here: https://youtu.be/XLaK66WeRh8 Heavy Industry World Tour Partner Savona Equipment: ...Read More