As a general rule, the most successful man in life is the man who has the best informationA frequently trotted-out rule in investing is when there is blood in the streets, it's time to take a stock position. When it comes to senior, mid-tier and junior gold stocks, the blood is definitely flowing, despite gold rising 4% year-on-year and 12.5% throughout 2017. The reason for gold stocks' current...Read More
Full Article: Gold Will Rise As the Dollar FallsBy: Bill BaruchFundamentals: Today is April options expiration and more volume is in April, but the open interest has shifted. April is ok to trade, but longer-term must begin using June. What is there not to like about Gold right now as the Dollar loses ground after yet another Fed rate hike. The metal is holding well this morning despite U.S-Chin...Read More
Congressional investigators looking into the origins of Special Counsel Mueller's Russia probe believe they've found a smoking gun thatContinue...Read More
LONDON, 23 March 2018 - BullionVault's strong reputation among precious metal investors is highlighted in today in the latest edition of best-selling UK personal finance magazine MoneyWeek."BullionVault has made its reputation by enabling private investors to buy gold and precious metals stored in allocated accounts in secure vaults," says MoneyWeek, contrasting BullionVault's position with a raft...Read More
If production drives prices, how does oil rise 14x when production trends sideways for 10 years? There's a widespread assumption that supply and demand drive oil prices. Almost all economists base their oil forecasts entirely on this premise, and so do many speculators.If the oil industry ramps up production and increases supply, economists expect a drop in oil prices. If production decreases, or...Read More
Over 9 Metres of 43.6% Zinc at Mina Grande Sur(1)Over 7 Metres of 25.3% Zinc at Bongarita(1)Vancouver, British Columbia--(Newsfile Corp. - March 29, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (FSE: RH33) ("Zinc One" or the "Company") has received the first drill results from the previously announced drill program at its Bongar? Zinc Mine project located in north-central Peru. Th...Read More
Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More
MOSCOW (Reuters) - Russia has ordered 60 U.S. diplomats to leave by April 5, the foreign ministry said on Thursday, in a retaliatory move against Washington which expelled a similar number of Russian diplomats over the poisoning of a Russian spy in England.The foreign ministry said it had declared persona non grata 58 diplomats in Moscow and two general consulate officials in Yekaterinburg in the...Read More
Remember LIBOR? The interest rate which soared during the global financial crisis? It's on the rise again, but almost no one is paying adequate attention to it. We are - and we will analyze for you what this means for the gold market.Hello LIBOR, My Old FriendSimon and Garfunkel sang about darkness, the old friend. We can refer these words to LIBOR which has come to talk with us again. I bet you...Read More
Import prices for flat steel goods brought into South America have all decreased this week, under pressure from trade tensions between China and the United States, which strongly affected the Chinese domestic market earlier this week.The import market in the region was also affected by reduced buying interest."[Chinese mills] were trying to sell volumes at any cost," a Chile-focused steel trader s...Read More
By Koos Jansenhttps://www.bullionstar.com/According to the United States Treasury its 261 million ounces (? 8,100 tonnes) in official gold reserves are fully audited and accounted for. Because for many decades rumours are making rounds this gold has been covertly sold, in this essay we'll thoroughly scrutinise the audits - indirectly evaluating the accuracy of the gold claims by the Treasury. Wh...Read More
However, April has been a great month to own HD sharesThough today it's up 1.6% at $177.61, Home Depot Inc (NYSE:HD) stock is on pace to close the first quarter down roughly 6.3% -- its worst quarter since 2011. And like the Dow, it's about to snap an impressive quarterly win streak, closing higher in each of the past six quarters. So, can HD stock get back to its winning ways, or is this the star...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
LONDON, 14 March 2018 - Leading US finance site MarketWatch today quotes BullionVault comment and analysis on the 10th anniversary of Dollar gold prices first rising above $1,000 per ounce.With global stock markets reeling first from March 2008's near-collapse and bail-out of investment bank Bear Stearns and then from the Lehman Brothers' crash of autumn 2008, "It would take over 18 months for gol...Read More
- This is the largest debt issuance since 2008 financial crisis- Trump threatens trade war with its biggest creditor - China- Bond auctions have seen weak demand due to large supply and trade war concerns- $20 trillion mark reached in early September 2017; $1 trillion added in just 6 months- US total national debt level now exceeds $21.05 trillion and is accelerating higher- U.S. debt and dolla...Read More
(Adds details)CAIRO, March 29 (Reuters) - Egypt's central bank cut its keyinterest rates by 100 basis points for the second meeting in arow on Thursday as inflation continued to ease.The bank cut its overnight deposit rate to 16.75 percentfrom 17.75 percent and its overnight lending rate to 17.75 from18.75 percent, it said in a statement."The central bank's decision to cut interest rates by 1...Read More
“Somethings never change. Some things do.” You might be wondering why we are quotingone of the lines from the Matrix movie. The reason is because that’s exactlywhat we can say about the gold market and the price patterns in it. The thingthat never changes is the fact that gold will always somehow react to the fundamental news, but the way itreacts will vary over time. Moreover, t...Read More
Gold bulls are finding 2018 offers plenty of reasons to be cheerful.Bullion's wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade. Haven demand may also get a boost with foreign-policy hawks in the ascendant in Washington.While spot bullion slipped 0.2 percent to $1,323.04 an ounce on Thursday, the metal is still u...Read More
SHANGHAI, Mar 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index rose to 90 given the inflow of month-end capital and as concerns of a trade war eased. Positive economic data from the US released overnight also buoyed the index.Base metals saw mixed trading as SHFE metals, except for copper and lead, fell. L...Read More
- US needs to borrow almost $300 billion this week alone- This is the largest debt issuance since 2008 financial crisis- Trump threatens trade war with its biggest creditor - China- Bond auctions have seen weak demand due to large supply and trade war concerns- $20 trillion mark reached in early September 2017; $1 trillion added in just 6 months- US total national debt level now exceeds $21.05 tr...Read More