On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine? Draghi Says That We Shouldn't Worry Let's start with the latest ECB's monetary policy statement and the following Draghi's press conference. In short, the ECB kept its mon...Read More
By Ron PaulPresident Trump recently called the Federal Reserve's interest rate hikes crazy. Leaving aside President Trump's specific complaint, which is likely motivated by the belief that low rates will help him win reelection, he is right that "crazy" is a good way to describe the Federal Reserve.When not forced to use a government-created currency, individuals have historically chosen to use...Read More
By Frank HolmesOctober was at it again last week. After Wednesday's close, the S&P 500 Index, Dow Jones Industrial Average and small-cap Russell 2000 Index had all erased their gains for 2018, while the tech-heavy NASDAQ Composite dipped into correction territory.I don't believe there's any single cause for the selloff. Investors are simply nervous, thanks to rising interest rates and the upcomi...Read More
Yesterday's slow-motion selloff probably didn't generate much fear, but it probably exhausted sellers for a while. Although I've put out a somewhat lower target in the E-Mini S&Ps for Tuesday, the big moves in the FAANGs appear to be over, or very nearly so. Rick's Picks had been using a 1496 downside target in AMZN that caught the exact low of a so-far $68 bounce. (Click on the inset to see thi...Read More
India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More
VANCOUVER, BRITISH COLUMBIA / October 30, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report that engineering partner PurLucid Treatment Solutions ("PurLucid") has deployed the first advanced wastewater treatment system in Alberta. The customer will pay C$35 per cubic meter for evaporator blowdown wastewater ("EBD") processing. Delivery of...Read More
Mike Maloney is back with two more installments of his popular video series, Hidden Secrets of Money.In episode 9 of Hidden Secrets of Money, Mike Maloney draws eerie parallels to the misguided leaders and monetary policies that doomed civilizations from Ancient Rome to modern-day America. Can President Trump save America? Will the Federal Reserve Board be able to pull off yet another round of ext...Read More
Robert explains why betting on gold & silver and betting against fake money, as in the US dollar, is the right bet to make. Here are the details...by Robert Kiyosaki via Daily ReckoningAs retirement nears for millions of Baby Boomers, they are scrambling for deck chairs on the Titanic.For about 40 years now I have been watching a major financial disaster developing. Its contributing factors includ...Read More
Harvey says there has just been a huge amount of activity in silver at the COMEX with somebody taking a massive delivery. Here are the details...by Harvey Organ of Harvey Organ BlogOCTOBER 29/DOW PLUMMETS 242 POINTS WITH THE NASDAQ DOWN 116.92: THE DOW FROM ITS HIGHS: DOWN 900 POINTS/GOLD DOWN $7.75 TO $1225.80/SILVER DOWN 27 CENTS TO $14.42/TRUMP STATES THAT IF THE MEETING WITH XI FAILS THEN THE...Read More
Bix explains where all the physical silver comes from that has been used to supply the markets and keep the price down for the last 60 years...by Bix Weir from Road To RootaDid you ever wonder where all that physical SILVER came from to keep the price of silver from rising for the past 60 years? Let me show you! Read More
Peter KrauthThe price of silver had a strong start to last week just like its golden cousin.I was very impressed to see silver prices shoot all the way up to $14.80 on Tuesday, Oct. 23.That was a blistering gain of nearly 2% from the previous day's close, and a silver's highest level since late August.What triggered so much buying? In my view, it was heightened concerns about geopolitics and a w...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.What does tight oil have in common with Facebook, Apple, Amazon, Netflix and Alphabet's Google stocks (known as FAANG stocks)? Answer: tight oil is arguably the upstream equivalent of these tech sector leaders. It's the hot investment...Read More
(IDEX Online) - Bonhams said that a set of Chameleon diamonds will be auctioned at its Rare Jewels and Jadeite sale in Hong Kong on 25 November. A diamond necklace (pictured above) featuring nine Chameleon diamonds weighing 13.87 carats is expected to fetch between HK$1,600,000 and HK$3,000,000 ($200,000-$380,000). "Chameleon diamonds are amongst the rarest and most mysterious of c...Read More
(IDEX Online) - Russian diamond miner Alrosa has joined the pilot program of Tracr, the end-to-end diamond industry blockchain traceability platform being developed by the De Beers Group in collaboration with industry stakeholders from the manufacturing and retail sectors. "Following the announcement of the Tracr pilot earlier this year, Alrosa's involvement brings the world's two largest d...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesHallgarten & Company analyst Christopher Ecclestone said in a note this week that China's "weaponisation" of copper by flooding the market with its stockpiled supply in retaliation for US tr...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesIt also upped its forecast zinc production but reduced its gold guidance by 20,000 ounces. Cash flows from operating activities rose 8% on the previous quarter, ...Read More
Bullish...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Su...Read More
LME aluminium prices back at levels...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Aluminium LME aluminium prices remain under pressure after...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus dow...Read More
Week in review The LME 3M...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it&#...Read More