By: Ira EpsteinGold at a battle area and here are the key levels to watch:Read More
New gold investors or for a new long position in gold, one should wait till tomorrow. It is better to buy or go long if gold trades over $1800. I am repeating my trading ideology "It is better to wait and trade" THAN "trade and wait". Buy just before a technical breakout with a trailing stop loss or sell just before a technical breakdown with trailing stop losses. Never worry if you made an inve...Read More
Turkish steel producers continued to stay away from deep-sea scrap purchases in anticipation of lower prices, sources said on Tuesday June 30.Mills in the country booked only two deep-sea cargoes last week, totaling 67,500 tonnes. This was mainly because of weak finished long steel markets and falling prices, according to sources.Turkish...Read More
Is it possible that today's experimental monetary policies will result in a run to safe haven assets? Are we experiencing a 'hard assets renaissance? One chart in particular shows what may be coming sooner rather than later, join Mike Maloney and Ronnie Stoeferle of Incrementum AG as they discuss the potential explosive moves for gold, silver and the commodities sector.?>>?Michael Maloney is a pre...Read More
Some of today's questions:Sharelle A: When it is time for me to cash in the gold I have to try to pay off my mortgage, who do I sell the gold to and what are the tax implications?Jerry C: What creates resistance and what creates support?Douglas C: How high can we safely and reasonably expect the price of gold to rise BEFORE a resetElizabeth J: After zeroes are lopped off during the reset and a per...Read More
Bill Murphy, co-founder of the Gold Anti-Trust Action Committee (GATA.org,) returns to Liberty and Finance / Reluctant Preppers to answer viewers' questions on the metals markets and what we must do to get positioned ahead of the next major move for Gold & Silver.Bill Murphy is a former American professional football player, financial commentator, and the chairman and director of the Gold Anti-Tru...Read More
Fintwit superstar Brent Johnson and I sit down to talk about the current macro environment, what his thoughts are RIGHT NOW on the dollar milkshake theory (has he changed his view?), the Federal Reserve using swap lines as political weapons and much much more. This Episode is going to blow you away!!Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.George Edward Gammon i...Read More
Forbes has decided to unpublish an article by award-winning climate activist Michael Shellenberger, in which he apologizes "for the climate scare we created over the last 30 years."Continue...Read More
"@TeamYouTube just suspended the largest philosophy conversation the world has ever known.""Please friends - help me to raise awareness of the sudden suspension of my YouTube channel of 14 years - please politely tag @TeamYouTube to help correct this egregious error."Continue...Read More
New York University's Stern School of Business Professor of Economics & Roubini Macro Associates, LLC CEO Nouriel Roubini joins Yahoo Finance's Julia La Roche to break down his economic outlook and recovery amid the coronavirus pandemic.Nouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Economist for International Affairs in the Whit...Read More
David Moadel talks about the economy and gold.David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More
"We are now having 40,000+ new cases a day. I would not be surprised if we go up to 100,000 a day if this does not turn around. And so I'm very concerned."Continue...Read More
Nearly half of the population is still out of work illustrating just how far the U.S. labor market has to heal in the wake of the coronavirus. Continue...Read More
Just a day after the counterfeit China gold bar story hit the market, precious metals are bid this morning with Continue...Read More
Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan's Diamond District Continue...Read More
Recent drill results and project model changes, leading to an increased target price on Troilus Gold, are outlined in a Canaccord Genuity report. In an April 24 research note, analyst Tom Gallo reported that after updating its gold price forecast, Canaccord Genuity increased its target price on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) to CA$1.70 per share from CA$1.20. Troilus stock is now price...Read More
Defense Metals' resource update encompasses 49% more tonnage than the initial report. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced in a news release it filed the technical report for an updated mineral resource on its Wicheeda rare earth elements (REEs) project in British Columbia.Now, the resource consists of 4,890,000 tons (4.89 Mt) averaging 3.02% light rare earth oxide (L...Read More
Bob Moriarty of 321gold discusses the latest developments in Japan with this company. In February when I was writing about Irving Resources Inc. (IRV:CSE; IRVRF:OTCBB) I put in some pictures of rocks from Irving that Quinton sent me. I polished them and had a jeweler friend make buckles out of them.I did the polishing. Maurice put up the gold. I am way too cheap to be buying gold buckles for him....Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 30 that are worth another look.The definitive decision in the European steel safeguard case review failed to adjust the level of quotas to collapsed demand following Covid-19 crisis and is a "deep disappointment," European steel association Eurofer and European trade union IndustriAll said in a joint statement on June 30.Chine...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In previous reports, we noted that upside risks to our forecasts existed. These were based on Chinese steel production, and in turn alloy consumption, outperforming our expectations.Chinese crude steel production is rising each month in a year-on-year comparison, prompting our revised view that Chinese alloy consumption will...Read More