Popular News

Who Needs Wall Street When You Can Have a Monetary Unicorn

April 04, 2018 / bmg-group.com

The comments above & below is an edited and abridged synopsis of an article by David StockmanSan Francisco Fed chief John Williams may be named president of the New York Fed, which runs the casinos domiciled in the canyons of Wall Street.Dr. Williams is a proponent of the 'Neutral Rate of Interest.' He wants to run the entire $19.7 trillion US economy on the basis of it. But the most important pri...Read More

DANGER AHEAD: Wall Street / Main Street Pattern Shifts

April 04, 2018 / marketsanity.com

Is this the big collapse we've been waiting for? Only time will tell us for sure, but there are significant pattern shifts occurring that could be warning of danger ahead. Today, volatility is back as markets struggle to find firm footing.Listening to Wall Street, this is a buying opportunity. But financial elites are not buying so who is? According to a CNBC "All America Survey", mom and pop hold...Read More

Ira Epstein's Metals Video 4 4 2018

April 04, 2018 / news.goldseek.com

By Ira EpsteinGold refuses to breakout and/or hold onto large intraday rallies. Not a good sign.https://www.iraepstein.com/ Read More

Canadian junior joins 'staking rush' in Brazil

April 04, 2018 / www.mining.com

Altamira Gold (TSXV: ALTA) has joined what some are calling a "staking rush" in Brazil's Juruena Belt, located in the western Mato Grosso state.By adding 52,378 hectares and increasing the company's land positioning to over 200,000 hectares in the area, Altamira mimics the strategies advanced by Anglo American (LON: AAL) and Nexa Resources, who acquired over 3 million hectares of claims back in Se...Read More

LIVE FUTURES REPORT 04/04: Comex copper rally hits roadblock

April 04, 2018 / www.metalbulletin.com

Comex copper prices dropped nearly 2% on Wednesday April 4 amid growing fears of a possible trade war between the United States and China following a fresh round of tariffs issued by both countries. Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 5.90 cents or 1.9% to $3.0045 per lb. Over the past few weeks, tensions between China and the US have escalat...Read More

Pending Home Sales Tumble Year-Over-Year

April 04, 2018 / bmg-group.com

The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenHeadlines proclaim that US housing is fixed, as pending home sales jumped 3.1% month-over-month in February (a better-than-expected 2% gain), rebounding from a downwardly revised January collapse of 5%.Bloomberg notes that while the month-over-month gain shows demand for housing is still getting support from...Read More

Gold miners sustaining costs up 22% since the gold price bottomed

April 04, 2018 / www.mining.com

On Wednesday gold capitalized on the dramatic drop in US equities, briefly piercing the $1,350 an ounce level only to end the day at breakeven as stock markets staged a remarkable recovery.Year to date gold has gained just under 4% as the metal extends a bull run in place since end-2015. Gold bottomed at a whisker under $1,050 after a four-year slide from all-time highs in 2011 above $1,900.While...Read More

Cobalt Stock Set to Turn Higher Immediately

April 03, 2018 / www.theaureport.com

Technical analyst Clive Maund profiles a cobalt company active in the Democratic Republic of Congo.Cobalt is one of the most important minerals in existence, and is vital for the fast growing electric car industry and other applications. Getting on for half the world's cobalt is located in the DRC (Democratic Republic of Congo) in Africa, and while this may conjure up images of groups of youths dr...Read More

Why The Fraser Mining Survey is Fake News

April 04, 2018 / news.goldseek.com

A Monday Morning Musing from Mickey the Mercenary GeologistApril 2, 2018 Junior resource sector speculators are often subjected to this or that company's insiders and promoters informing us in no uncertain terms that this or that country, department, prefecture, province, state, or territory is the "fill-in-the-blank"-best jurisdiction in the world for mining investment. Of course, the promoti...Read More

FANG Stocks in Freefall; Amazon Plunges on Trump Retaliation Fears

April 04, 2018 / bmg-group.com

The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenAll the FANG stocks are notably lower, with Amazon crashing over 6% (the worst drop since February 2016); it has broken below its 50-day moving average.According to anonymous sources, Trump has allegedly talked about changing Amazon's tax treatment, because he's worried about mom-and-pop retailers being put...Read More

Jeff Gundlach: 2018 is payback time - stocks will go down this year

April 04, 2018 / marketsanity.com

Part 1 (parts 2 & 3 below)Part 2Part 3 ?>>?Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of...Read More

Gold Prices Holding Gains Following Strong ADP Employment Numbers

April 04, 2018 / www.kitco.com

(Kitco News)-Economic data is having little impacton the gold market after private-payrolls processor ADP reported stronger-than-expectedprivate-sector job growth last month.Wednesday,ADP said that 241,000 jobs were created in March. The report beat estimates asconsensus forecasts were looking for gains of 203,000 jobs. Along with last month's impressive job gains, February'snumbers were revised h...Read More

METALS MORNING VIEW 04/04: Continuing trade tensions weigh on sentiment

April 04, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange are down by an average of 0.4% this morning, Wednesday April 4. Tin is the only metal showing any gains, while the rest are down between 0.4% and 0.7%, with copper off by 0.4% at $6,783 per tonne.Volume has been average with 7,996 lots traded as of 07.36am London time. This follows a general day of gains on Tuesday when the complex closed with averag...Read More

The First Wave of Inflation is Already Here... the Next One is the BAD One

April 04, 2018 / news.goldseek.com

By Graham Summers The Prices Paid Index just rose for its fourth straight month to 78.1: its highest level since April 2011.Why does this matter? Because it's a MAJOR warning that inflation is coming. You see, when inflation hits, it doesn't hit all at once. Instead it rolls out into the economy in stages. The first stage occurs at the "production" level of the economy. In this stage, manage...Read More

South African court backs industry on black ownership

April 04, 2018 / www.mining.com

JOHANNESBURG, April 4 (Reuters) - The South African High Court ruled in favour of the once empowered, always empowered principle on Wednesday which entitles a company to keep its black empowerment status even if a black partner exits its stake in the mining firm.Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8 percent of the countr...Read More

East Continues Stacking Gold While West Stacks Paper Illusions

April 04, 2018 / bmg-group.com

The comments above & below is an edited and abridged synopsis of an article by Rory HallFor 20 years, eastern nations (China and Russia) have shown great interest in gold. They have accumulated physical gold, and Russia is acquiring massive amounts of silver. Other eastern European nations are following suit and beginning to acquire as much physical gold as possible.In the West, questions have ari...Read More

Stocks Explode Higher, Shake Off Tariff Concerns

April 04, 2018 / www.schaeffersresearch.com

The Dow was down more than 500 points at its session lowDespite plummeting out of the gate on concerns about China's new tariffs, U.S. stocks managed to regain strength in afternoon trading, finishing the sessionin the black. The Dow was down more than 500 points at its intraday low, weighed down by a trade-war-rattled Boeing (BA) stock, but ultimately reversed to a triple-digit gain by the close....Read More

Michael Pento - Financial Crescendo Coming in October of 2018

April 03, 2018 / marketsanity.com

"Why do I think gold is going to prosper? Gold prospers most when two conditions occur. One, the dollar rolls over compared to other fiat currencies. I think that's going to happen. Even more so the case, I believe real interest rates are going to fall. Real interest rates are going to fall along with nominal rates come October. There is going to be a watershed epiphany on the part of the Fed that...Read More

Crude Oil Price Bears - Stay the Course / Commodities / Crude Oil

April 04, 2018 / www.marketoracle.co.uk

What a day! The beginning of the newquarter, the new month and the new week was undoubtedly the triumph of oil bears.Thanks to their attack crude oil lost almost 3% in one day, which was thebiggest decline since weeks. What impact did this drop have on the short-termoutlook? Where are the nearest supports? For these and other questions you willfind answers in today's alert. Technical Analysis of C...Read More

Gold market manipulation update, April 2018

April 04, 2018 / news.goldseek.com

Remarks by Chris PowellSecretary/Treasurer, Gold Anti-Trust Action Committee Inc.Mining Investment Asia ConferenceMarina Bay Sands, SingaporeWednesday, March 28, 2018Mines and Money Asia ConferenceHong Kong Exhibition and Convention CentreWednesday, April 4, 2018The slides for this presentation are posted here:http://gata.org/files/GoldMarketManipulationUpdateApril2018Slides_0.pdfSlide 1 -- Titl...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok