YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM25 July 2020 -- SaturdayThe gold price traded quietly and unevenly sideways until around noon China Standard Time on their Friday. It was sold down to its low tick of the day by shortly after 1:30 p.m. CST -- and its subsequent rally was capped just minutes after 9 a.m. in London. From that point it was sold lower until around 11:45 a.m. BST....Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
For years we have heard about the manipulative short position that the bullion banks hold on gold and silver. And while some have wondered if it will ever end, keep in mind that when these banks are short, they're losing money when the price goes up. Which certainly appeared to be the case this past week, and Dave Kranzler of Investment Research Dynamics joined me on the show to explain what happe...Read More
The pair had removed their masks to eat, when a "random old lady" approached them, calling them "idiots" for not masking up, even though Continue...Read More
It seems like the era of diplomacy with China, at least so far as the administration is concerned, is over, with Pompeo saying that Continue...Read More
Jeffrey Gundlach says the stock market's parabolic move in the last couple of months reminds him of the days right before the Dot Com bust. Continue...Read More
Recessions are wealth destroyers and Millennials are now living through two of the worst recessions in the last 100 years.Continue...Read More
These five charts illustrate trends in important industries that help track reopening progress in the U.S.Continue...Read More
A considerable share of the American population has some form of underlying health issue, which, as Statista's Niall McCarthy details below, places them at risk from severe forms of the virus. Continue...Read More
"They are clearly adversaries, and I think we have to take that into account every time they seek to buy something."Continue...Read More
The Critical Investor examines Golden Arrow Resources' swap of one South American gold project for another, and discusses the company's prospects for becoming a "multi-bagger." Because Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) renegotiated their Indiana gold project in Chile not too long ago [with] very favorable terms, I was surprised to recently read about the company dropp...Read More
Bob Moriarty of 321gold discusses Lion One's latest drill results. I put out a short update on a few favorite companies on my site on Friday. That turned out to be excellent timing as Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) released assay results on Friday as well. The numbers were off the chart.Hole TUDDH500 reported 12.7 meters of 46.14 g/t gold. In the text above the numbers it shows 7...Read More
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 bi...Read More
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM25 July 2020 -- SaturdayThe gold price traded quietly and unevenly sideways until around noon China Standard Time on their Friday. It was sold down to its low tick of the day by shortly after 1:30 p.m. CST -- and its subsequent rally was capped just minutes after 9 a.m. in London. From that point it was sold lower until around 11:45 a.m. BST....Read More
Here are five Fastmarkets stories you might have missed on Friday July 24 that are worth another look.ArcelorMittal M?(C)xico's integrated steel mill at L??zaro C??rdenas, in the country's western Michoac??n state, has been partly closed by local municipal officials because of alleged tax irregularities, the company said on...Read More
The torrid rally in thesilver market reached a major milestone this morning as prices hit $21/oz.On Monday, the silverspot price tracked by Money Metals Exchange closed at $20.12 (thefutures market price settled at $20.19).That marks the firstabove-$20 close for silver since 2016.The white-hot silver marketis busting through some resistance levels that should clear the way for higherhighs ahead. S...Read More
It has been quite some time since I have published an article on gold. Unfortunately, we have become so busy at Elliottwavetrader that I simply have not had the time to publish many public articles.So, as we are approaching an inflection point, I thought it would be an appropriate time to publish a public article.Now, I have to be honest. I am quite disappointed at what I am reading publicly about...Read More
Our research team believes Crude Oil and Energy, in general, has stalled near major resistance and maybe setting up a big downside move as the COVID-19 virus continues to roil regional and global economies. The recent news that the COVID-19 virus cases have skyrocketed suggests further economic shutdowns may push oil prices below $35 ppb over the next few weeks and months. Our research...Read More
In this week's advisory, sector expert Michael Ballanger reviews the most recent market news, celebrates old-school communication techniques and offers strategies for investing in the dog days of summer.As the month of July moves into its final ten-day stretch, I see NASDAQ records falling left and right as the drivers of fear that dominated in March are now "yesterday's news." Rising second waves...Read More
Here are five Fastmarkets stories you might have missed on Friday July 24 that are worth another look.ArcelorMittal M?(C)xico's integrated steel mill at L??zaro C??rdenas, in the country's western Michoac??n state, has been partly closed by local municipal officials because of alleged tax irregularities, the company said on...Read More