Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More
Crude oil started this week with abearish price gap and a breakdown below the September and October lows. This isan extremely valuable indication. The black gold seems to have finally decidedwhat the next big move is going to be, and by breaking lower, it effectively“agreed” with our expectations. On its own, the breakdown is verybearish. However, what preceded is equally important, as...Read More
The mostpessimistic forecasts of copper demand, and pricing, during the worst pandemicin 102 years, have failed to materialize. From afour-year low in March, when the coronavirus slammed into Europe and NorthAmerica, the red metal used widely in construction, communications,transportation and energy transmission, has mounted a serious comeback. As ofthis writing spot copper is trading at $3.08 per...Read More
Election Day has finally arrived. Whowill win, and why gold will remain the biggest winner of them all?So, today is the day! It's Election Day.For quite some time, national pollsindicate that Biden has a significant advantage . He is also pollingscarcely close ahead of Donald Trump in key battleground states, but, in somestates, the lead has recently narrowed. So, in many places, the race is still...Read More
Heading into what will likely become one of the biggest events in American political history on November 3, the US stock markets are holding up quite well on Monday, November 2. My team and I have published a number of articles recently suggesting we believe wild price swings and increased volatility is to be expected before and after the US elections. We have even suggested a couple o...Read More
Independent financial analyst Matt Badiali explains why he expects natural gas to rebound and discusses six potential investments.The oil price gets all the press. The price of a barrel collapsed during the Covid-19 lock down. Companies went bankrupt in droves. Now, the industry turned to mergers to survive.Investors fled. The sentiment turned awful. No one cares about oil anymore. The future is e...Read More
Apparently investors don’t tire of hearing the same old thing; and their advisors willingly provide the same questionable advice: “The best way to play this new bull market in gold is to buy gold stocks” or something to that effect. Are gold stocks a better choice than golditself? Let’s find out…Four years ago, in 2016, I wrote the following:“This year’s...Read More
Frank Holmes, CEO and chief investment officer of U.S. Global Investors, says it doesn't matter if the U.S. sees a Red victory or a Blue victory in the presidential election; gold will be the real winner. In this far-ranging interview with Streetwise Reports, he discusses gold's prospects post-election, inflation, stock market performance, criteria to evaluate mining companies, and companies in U....Read More
As we continue to near the November 3rd election day, Precious Metals have continued to trade within a narrow range suggesting price support is staying strong. It is my belief that potential downside risks for Gold and Silver will be relatively short-lived after the election. We believe the broad market decline witnessed on October 26, 2020, where the Dow Jones fell over 700 points, coupled...Read More
Trump and Biden debated for the second and last time in this campaign. So, who will win, and why gold is likely to be the biggest winner of them all?President Donald Trump and Democratic challenger Joe Biden met for the second and the last debate before the elections. Thankfully, this time things were less chaotic and with far fewer interruptions and insults. Perhaps Trump has acknowledged that hi...Read More
Joe Biden’s performancein Thursday night’s presidential debate was solid. The former vice presidentwas combative against Donald Trump and frequently had the billionaire USPresident on the defensive. Post-debate analysis centered around the questionof whether Trump, who is behind in the polls, did enough to convince votersthat taking a chance on Biden would not be in their best interest...Read More
Peter Krauth compares silver and bitcoin and explains why he believes investors should own both.At the risk of offending bitcoin or silver investors, I think this is a question worth asking.I have been researching and following these assets for some time. In my view, it's not an either-or dilemma. You should simply own both.I believe silver and bitcoin remain massively undervalued, and that the ma...Read More
Silver is not just any industrial metal. Used as money for centuries, much longerthan the fiatcurrencies have been used, with its specific properties that arealso widely used in many industries (best conductor of heat and electricity),with crude oil, it is perhaps one of the most versatile commodities.As far as the white metal is concerned,on September24 th , we have warned you about the possible...Read More
Metalsbroke out earlier in the year because there has likely never been so manyfundamental reasons to buy gold and silver.We’ve seen economic turmoil, political strife, social unrest, a $3 trillionfederal deficit, and a dollar weakened by fiscal and monetary stimulus – allhappening at once.Howthe markets finish the year will depend on whether these conditions persist.Thenear-term beari...Read More
Since the middle of 2019, we have been in a preciousmetals bull market, with gold prices hitting a new all-time high of$2079 on August 3, 2020. And silverprices have also been climbing steadily since the beginning of 2Q 2020,sending investors on the search for the best way to play this precious metalsbull run for maximum upside potential. In the search for high upside in this bullmarket, many inv...Read More
RAPAPORT... Canada-based jewelry retailer Birks Group saw sales slump in its first fiscal half as the coronavirus forced stores to shut for much of the period.Revenue slid 33% year on year to just over CAD 57 million ($43.9 million) in the six months that ended September 26, the company reported Friday. It incurred a net loss of CAD 2.8 million ($2.2 million), though that was still a 38% impr...Read More
RAPAPORT... Gem Diamonds has recovered a 179-carat rough diamond from its Let??eng mine in Lesotho.The miner found the high-quality, type I diamond on Thanksgiving Day, it said last week. The stone is the 16th diamond over 100 carats the company has found this year. Earlier this month, Gem Diamonds unearthed 104- and 111-carat specimens from the deposit.The company has already found more diamonds...Read More
RAPAPORT... US e-commerce sales hit an all-time high for Black Friday this year as more consumers turned to online purchasing amid anxiety over the pandemic.Digital spending increased 22% year on year to $9 billion, with consumers shelling out $6.3 million per minute, Adobe Analytics said Saturday. Not only is that total the highest on record for Black Friday, it is also the second-largest online...Read More
RAPAPORT... Trans Atlantic Gem Sales (TAGS) sold "almost 100%" of the goods on offer at a rough tender in Dubai earlier this month as buyers showed optimism ahead of the holidays, the company reported.The group, which sells diamonds on behalf of producers and artisanal miners, offered around 45,000 carats with a value of $35 million to $40 million, it said last week. A total of 130 companies...Read More
(IDEX Online) - The world's most expensive handbag - a $7m creation made of alligator skin with over 130 carats of sapphires, diamonds and Paraiba tourmalines - is to fund the fight against ocean pollution.Almost $1m from the sale of each bag will help rid them of discarded plastic harmful to sea life.The Parva Mea ocean-inspired bags (pictured) take 1,000 hours to produce, and Italian luxury...Read More