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
Discussed in this interview:00:00?EUR< Introduction01:32?EUR< Impact of movements like Wall Street Silver07:17?EUR< Silver supply in deficit10:02?EUR< This will drive banks crazy15:01?EUR< Peak silver - downhill from here16:46?EUR< Price suppression in silver market19:40?EUR< The difference between 999 & 9999 silver?21:41?EUR< More draconian measures25:07?EUR< The coming monetary resetKeith Neumey...Read More
Time Stamp References:0:00?EUR< - Introduction1:03?EUR< - Chris's Background5:54?EUR< - Unanswered Questions14:20?EUR< - CFTC Acting Chairman15:40?EUR< - CFTC Mission16:47?EUR< - LBMA Special Report21:12?EUR< - Shining a Spotlight25:07?EUR< - Metal Smack Downs30:47?EUR< - Craigs Call to Action33:34?EUR< - Concluding ThoughtsChris Marcus worked 2 years at bond rating agency Moody's, has an MBA from...Read More
The reality of the Biden administration's 'soak the rich' plan is finally hitting markets as the details of his new capital gains tax plan are hitting...Continue...Read More
Chris Vermeulen says gold is at a critical turning point where it could either rally higher or fall lower. Find Chris online: http://TheTechnicalTraders.com?EUR<0:49?EUR< Critical moment for gold5:06?EUR< Gold's downside potential8:12?EUR< Silver market update11:47?EUR< U.S. dollar13:25?EUR< Bond marketChris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Trad...Read More
Our good friend Lobo Tiggre (f/k/a Louis James) joined us to talk about the economy at large and why gold and silver too, must eventually breakout to record highs. The profligacy of world governments has never been greater and Modern Monetary Theory is only feeding the fires. We also talk about various chart patterns and their value to investors. Lobo is understandably skeptical on technical analy...Read More
PI Financial Corp stated in a research report that it was encouraged after Gold Standard Ventures intercepted 61.1 meters of 1.07 g/t gold in a location approximately 50 meters outside of the current resource envelope at its Railroad-Pinion Project in Nevada. Gold Standard Ventures Railroad-PinionIn an April 15 research note, PI Financial Corp. Mining Research Analyst Chris Thompson advised that...Read More
Technical analyst Clive Maund charts silver and explains why he believes it is beginning a major new uptrend and what that implies for other precious metals. Gold and silver improved last week and we saw a tentative breakout by precious metals stocks from the downtrend they have been stuck in since last August. The purpose of this update is to point out that even though the sector may back off sh...Read More
Sitka Gold's 2021 drilling at Alpha intersected a target zone with Carlin-type gold deposit mineralization present at mineable depths. Sitka Gold, Drilling at Alpha ProjectSitka Gold Corp. (SIG:CSE; SITKF:OTCQB; 1RF:FSE) is right now anxiously awaiting drill results from its Cortez Trend project in Nevada.The Alpha Gold Project is located in the heart of the Carlin province. "This started as a co...Read More
Vale was authorized by environmental regulators of the southeastern Rio de Janeiro state to maintain activities at its Gua?-ba Island iron ore terminal in Mangaratiba, after the local city hall ordered it to be suspended, the company said on Thursday April 22.Early on Thursday, Vale announced that it had been notified of a temporary stoppage order for the terminal issued by the Mangaratiba municip...Read More
Tata Steel has filed a lawsuit against Liberty Steel over its speciality steel business deal made in 2017, Fastmarkets heard on Thursday April 22.A Tata Steel spokesperson confirmed the company has filed a commercial court claim against Liberty Steel concerning the speciality steel division deal, however, the spokesperson declined to go into more details because this is an active case.Liberty Stee...Read More
Several economic indicators have surprised us on the positive side. Nevertheless, the price of gold has rebounded.Finally! The price of gold has been rising recently . As the chart below shows, the yellow metal rebounded from the late March bottom of $1,684 to above $1,770 on Friday (Mar. 16). This could be a promising start to the second quarter of 2021, which looks better than the first. As you...Read More
Anglo American has revised down its overall 2021 production guidance for coking coal to 14-16 million tonnes, from 18-20 million tonnespreviously.In the first quarter of 2021, export coking coal production in Anglo American's Australian mines in Queensland's Bowen Basin fell by 14% year on year and 22% quarter on quarter to about 3.3 million tonnes, according to the company's latest quarterly repo...Read More
Gold rallied last week towardthe top of a down-trending channel that has been in force since prices peakedlast summer.Abreakout attempt in early January failed. The gold market subsequently slumpedto a potential double-bottom low in March around $1,675/oz.The $1,800 level now loomsas a critical technical juncture.The recent bounce couldeither fail around there… or gather the strength to fin...Read More
Vale was authorized by environmental regulators of the southeastern Rio de Janeiro state to maintain activities at its Gua?-ba Island iron ore terminal in Mangaratiba, after the local city hall ordered it to be suspended, the company said on Thursday April 22.Early on Thursday, Vale announced that it had been notified of a temporary stoppage order for the terminal issued by the Mangaratiba municip...Read More
LME aluminium's three-month price surpassed its 2018 high in intraday trading on Thursday April 22, with lead's price up by 1.3%, while nickel and copper retreated from their Wednesday prices at the close. Aluminium's price reached $2,375 per tonne on Thursday, taking out the May 2018 high of $2,374.50 per tonne to stand at a level last seen in October 2010. But the light metal closed at $2,3...Read More
The persistent shortage of hot-rolled coil in Europe continues to drive prices upward, with steelmaker ArcelorMittal increasing its offer prices for the third time so far in April, Fastmarkets heard on Thursday April 22.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?965.00 ($1,160.35) per tonne on Thursday, up by ?,?8.75 per tonne from ?,?956.25...Read More
Turkish steel billet prices increased over the past week in line with improving demand for billet and rebar in the export market, sources said on Thursday April 22.Fastmarkets' weekly price assessment for steel billet, domestic, exw Turkey was $590-600 per tonne on Thursday, up from last week's $580-585 per tonne.A steel mill in northern Turkey was heard selling a significant volume of billet to t...Read More
The price of high-grade 65% Fe iron ore fines looks set to break through the $230-per-tonne-cfr-Qingdao price ceiling amid tight supply of seaborne cargoes and hefty mill margins, industry sources told Fastmarkets. Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao stood at $221.90 per tonne on Wednesday April 21, up 12.6% from $197.10 per tonne on April 1. The price spre...Read More
LME aluminium's three-month price surpassed its 2018 high in intraday trading on Thursday April 22, with lead's price up by 1.3%, while nickel and copper retreated from their Wednesday prices at the close. Aluminium's price reached $2,375 per tonne on Thursday, taking out the May 2018 high of $2,374.50 per tonne to stand at a level last seen in October 2010. But the light metal closed at $2,3...Read More