By: Ira EpsteinFOMC minutes thoughts. Gold down on week, off its highs. Daily chart shows distribution, neutral view. Caught in a range: Read More
Marin believes the US dollar will continue to do well in spite of overall investor sentiment. Most of the currencies of the world are very screwed up, and the US dollar remains better than the rest. We are in a consolidation period for gold, and there is still a ways to go before the next move higher.Be very selective when picking resource stocks don't take a shotgun approach. Don't trust company...Read More
"VIDEO - Brien Lundin: Gold is Rallying - Buy Juniors While You Can See: $CLM #TSXV #Crystallakemining #SmallCaps #MineralExploration #Geology #MomentumStocks #GoldMining #GoldenTriangle #AME #Gold #Copperhttps://t.co/0WX9Takb7x"Read full newsRead More
Money manager Adrian Day explains why he is a believer in holding royalty company shares in a bull market. There is a common perception that the royalty and streaming companies are defensive in a bear market, but that you don't want to own them in a bull market since they lack leverage. We disagree, and think the major royalty companies should continue to form cornerstones of a precious metals po...Read More
Frank says gold is definitely in an uptrend and discusses how the global PMI manufacturing index peaked last year. The PMI index has a pretty good correlation with economic activity, commodities, and energy. The trade war has exacerbated the decline in the PMI.Thirty percent of all government bonds around the world are going negative. We are due for a recession and governments are merely trying to...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 20, 2019 More powerful money managers are stepping forward to recommend gold in a negative real rates environment. Please click here now. The focus of these elite money managers and analysts is mainly on bullion. Many of the more speculative junior miners that trade on the CDNX have ye...Read More
Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon.As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term.However, the good news is, at least at present, Gold remains very strong in real and intermarket terms...Read More
This is part 2/2 of my Gold price forecast update Gold Price Breakout - Trend Forecast 2019 July Update.So the gold price has broken out of it's long-term trading range of $1370 to $1150. Which means $1370 should now act as a floor under the Gold price, else it's back into the range for several more years! Next resistance is at just above $1500 and then $1800 which is my long-term target for the G...Read More
Please click here now. Double-click to enlarge this chart.Another glorious day for gold investors is underway. Please click here now. Double-click to enlarge.The only better-looking chart than gold right now is... silver!Years ago, I coined the term "flagification" to describe the formation of multiple flags on the gold and silver charts.This technical action is rare and outrageously bullish...Read More
By: Ira EpsteinGold pushing upper end of the Bollinger bands resistance point. Momentum in gold still positive:Read More
All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you give a shit?Continue...Read More
"Silver is the bargain of a lifetime. It's certainly the cheapest asset on the planet."Bill Murphy is a financial commentator and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious metals. Murphy believes the price of gold is artificially low and...Read More
By: Ira EpsteinI would not be surprised to see gold pull back a bit before resuming to its upside. Gold market is very much in an uptrend.GDX / Gold Stocks - momentum locked in to the upside:Read More
StrengthsThe best performing metal this week was gold, up 1.54 percent. Gold investors were stocking up for further gains in the yellow metal ahead of the Fed's rate cut decision. On Wednesday, holdings in bullion-backed ETFs rose 4.8 tons to the highest level since April 2013, according to B...Read More
In an interview with Maurice Jackson of Proven and Probable, executives from this prospect generator exploring in Ontario outline their work on a new project. Maurice Jackson: Welcome to Proven and Probable, where we provide mining insights in bullion sales. Joining us for a conversation is Dr. John-Mark Staude and special guest Freeman Smith of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB),...Read More
Dear Friend of GATA and Gold:A friend who has not been paying close attention to the gold market for a while asked your secretary/treasurer this afternoon for a summary of his outlook. With the monetary metals on fire tonight as they have not been for a long, long time, maybe the reply is worth sharing:1) The gold market has felt very different for months -- felt much stronger.2) The usual centr...Read More
* Thanks for supporting the show!Download - MP3HighlightsDr. Paul Craig Roberts of the Institute for Political Economy, author of several best-selling tomes, rejoins the show with his latest economic insights. Our guest notes the Fed's decision to slash rates this week and the implications for PMs aficionados. The domestic total debt outstanding concerns our guest, especially the Fed's b...Read More
By: Ira EpsteinGold's monthly chart remains bullish. This is not a small thing, this is a big event unfolding in front of us..Read More
The earth has many unique ways of stripping base metals from its crust and concentrating them into deposits. Over the course of civilization, humans have uncovered seven main types: sediment-hosted copper-cobalt; magmatic nickel-copper-platinum group metal; volcanogenic massive sulphide; porphyry; mississippi valley type; sediment exhalative; and laterites.Sediment hosted copper-cobalt depositsThe...Read More
By: Ira Epstein$1,425.60 keeps the gold price bias to the upside:Read More