click here to buy tickets to see me Dec 1st 2018 https://www.eventbrite.com/e/tommy-so...click here to donate for crispy cash https://streamlabs.com/tommysotomayor...click here to see video of me confronting white dudes over my trump hat https://www.youtube.com/watch?v=QqLny...to see the entire show please click here https://www.sotomayorent.com/raecarru...click here to see the full show https://w...Read More
The major gold miners' stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold recovers. Their absurdly-che...Read More
The major gold miners' stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold recovers. Their absurdly-che...Read More
Athabasca oil sands on the banks of the river, around 1900An alarming discount on Canadian crude has sparked calls for production cuts in the Alberta oil patch.The calls from Cenovus Energy Inc. [CVE-TSX, NYSE] and others have been sparked by the difference between the price of Western Canadian Select bitumen-blend crude and New York traded West Texas Intermediate oil.The differential between West...Read More
Sokoman Iron's Moosehead gold project in central Newfoundland. Source: Sokoman Iron Corp.Sokoman Iron Corp. [SIC-TSXV] shares rallied sharply Friday November 16 as the company released more drill results from its Moosehead gold project in central Newfoundland.The company said it has received assay results for five of seven holes completed to date in the property's Eastern Trend. They are part of a...Read More
Imagine going back to the late 1990s and being able to be a ground-floor investor in electric vehicles.Well, you don't have to imagine. Hydrogen fuel cell technology is at the same point in development as electric vehicles were in the late 1990s. And for us as investors, a hydrogen fuel cell boom could be a retirement-level event.Fact is, hydrogen fuel cells have the potential to be superior to a...Read More
CloseGain/LossOn WeekGold $1221.90+$8.60+0.99%Silver$14.41+$0.12+1.69%XAU66.08+1.67%+2.99%HUI148.56+1.47%+3.59%GDM539.56+1.49%+1.88%JSE Gold1121.57+12.92+2.14%USD96.44-0.61-0.47%Euro114.17+0.83+0.69%Yen88.65+0.41+0.70%Oil$56.46UNCH-6.20%10-Year3.071%-0.042-3.73%Bond139.59375+0.8125+1.25%Dow25413.22+0.49%-2.22%Nasdaq7247.87-0.15%-2.15%S&P2736.27+0.22%-1.61% The Metals: Gol...Read More
By Ira EpsteinGold is acting like it wants to move higher into year end.https://www.iraepstein.com/ Read More
By Gary TanashianLet's take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk 'on' to risk 'off', cyclical to counter-cyclical.Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hindsight one da...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort168,416177,663122,818201,354203,177492,588503,658Change from Prior Reporting Period -72527,54819,56027,457-8,85646,29238,252Traders16895886253273202 Small Speculators (C) GoldSeek.com LongShortOpen Interest 46,93235,862539,520 -1,6836,35744,609 non reportable positionsChange f...Read More
The sense that something isn't right out there just got a lot stronger. And the Fed, in response, is now tiptoeing back towards QE. Let's start with the sudden bad news:Chipmaker Nvidia plunges after missing on revenue and guidance(CNBC) - Nvidia stock fell as much as 19 percent Thursday after the company reported earnings for the third quarter of its 2019 fiscal year, which ended on Oct. 28.The...Read More
By Nathan McDonaldThe stock market has been rising, GDP has been rising, and the rate of unemployment has been steadily dropping since the Republicans took office, however, as good as news as this is, something sinister has been continuing to unfold behind the scenes. In all likelihood, you are intensely aware of what I am referring to, especially if you are the one who does, or participates in...Read More
The major gold miners' stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold recovers. Their ab...Read More
Have you heard about the Everything Bubble? According to this view, virtually all financial assets are overvalued. So gold must be underpriced, right? We invite you to read our today's article which compares the yellow metal to other assets and find out how gold presents itself. Relatively. Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the...Read More
Key Gold and Precious Metals News, Commentary and Charts This WeekGold and silver have eked out slight gains this week as stock markets came under pressure due to concerns about tech and oil sector valuations, Italian banks and political and financial turmoil due to Brexit.Gold is 0.65% higher for the week in dollars and has seen greater gains in euro (+0.8%) and the pound (+2.17%). The latter h...Read More
Erik Townsend and Patrick Ceresna welcome Keith McCullough to MacroVoices to discuss if interest rates have peeked. Erik and Keith discuss how the investment landscape has evolved, why deflationary pressures are on the horizon. They further discuss the marginal rates of change in growth and inflation, U.S. real GDP and CPI forecasts, the global economic landscape and the key macro themes into the...Read More
Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight books, most recently "Surviv...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More