Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
A new report finds that the U.S is reponsible for more than 3,300 civilian deaths in Syria since 2014. Meanwhile, Secretary of State Mike Pompeo continues to back Saudi caused genocide in Yemen.Read More
A BMO Capital Markets report reviewed this Denver, Colo.-based company's quarterly sales. Gold barsIn an Oct. 9 research note, Andrew Kaip highlighted Royal Gold Inc.'s (RGLD:NASDAQ; RGL:TSX) reported sales from its streaming agreements. Gold sales and silver and copper deliveries during Q1 FY19 were "higher than estimated." Gold stream deliveries were 46,000 ounces (46 Koz) versus BMO's estimate...Read More
Rising interest rates are good for metals. Rising interest rates are bad for metals. We have heard the arguments from both sides. In fact, I think it is no different when people claim inflation is good for gold relative to those who believe deflation is good for gold.Personally, I don’t think either side is correct, as we have seen periods of time where both sides were seemingly correct. Tha...Read More
CloseGain/LossGold $1222.70+$29.60Silver$14.55+$0.25XAU69.97+6.80%HUI154.20+7.40%GDM550.29+6.40%JSE Gold1155.96+107.41USD95.02-0.52Euro115.98+0.75Yen89.21+0.27Oil$70.97-$2.2010-Year3.144%-0.050T-Bond138.71875+1.46875Dow25052.83-2.13%Nasdaq7329.06-1.25%S&P2728.37-2.06% The Metals: Gold held near unchanged for most of the day in Asia, but it then began a steady advance in L...Read More
CloseGain/LossGold $1222.70+$29.60Silver$14.55+$0.25XAU69.97+6.80%HUI154.20+7.40%GDM550.29+6.40%JSE Gold1155.96+107.41USD95.02-0.52Euro115.98+0.75Yen89.21+0.27Oil$70.97-$2.2010-Year3.144%-0.050T-Bond138.71875+1.46875Dow25052.83-2.13%Nasdaq7329.06-1.25%S&P2728.37-2.06% The Metals: Gold held near unchanged for most of the day in Asia, but it then began a steady advance in L...Read More
CloseGain/LossGold $1222.70+$29.60Silver$14.55+$0.25XAU69.97+6.80%HUI154.20+7.40%GDM550.29+6.40%JSE Gold1155.96+107.41USD95.02-0.52Euro115.98+0.75Yen89.21+0.27Oil$70.97-$2.2010-Year3.144%-0.050T-Bond138.71875+1.46875Dow25052.83-2.13%Nasdaq7329.06-1.25%S&P2728.37-2.06% The Metals: Gold held near unchanged for most of the day in Asia, but it then began a steady advance in L...Read More
By Alasdair MacleodWe are on the verge of moving into an era of high interest rates, so markets will behave differently from any time since the early-1980s. There are enough similarities with the post-Bretton Woods era of the 1970s to give us some guidance as to how markets are likely to evolve in the foreseeable future.The chart above says much. Last week, the yield on the 10-year US Treasury b...Read More
VANCOUVER, British Columbia, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), "Golden Arrow" or the "Company", is pleased to announce that it has signed Definitive Agreements to acquire the 3,450 hectare Atlantida Copper-Gold Project ("Atlantida" or the "Project") in Chile's 3rd Region. Atlantida is an advanced project which combines mi...Read More
STATE of EMERGENCY: FL / NC / SC / GA: Hurricane Michael (2018) Makes Landfall in Panama City FL - 155 MPH Winds - CAT 4.Axel Merk, head of Merk Investments returns to the show after a two year hiatus with a unique and positive outlook on the gold sector. Merk Investments is monitoring the yield curve closely; while inversions typically mark recessions, occasional false signals are still possibl...Read More
By Avi GilburtRising interest rates are good for metals. Rising interest rates are bad for metals. We have heard the arguments from both sides. In fact, I think it is no different when people claim inflation is good for gold relative to those who believe deflation is good for gold.Personally, I don't think either side is correct, as we have seen periods of time where both sides were seemingly co...Read More
The bears have awakened. Dow dropped 3.6 percent. Are bears friends of gold? What Happened? Yesterday, U.S stocks experienced their worst performance since February. The Dow Jones closed down 831 points, or 3.6 percent. It was its second worst day of the year, as one can see in the chart below. Chart 1: Dow Jones over the last twelve months. The bears did not spear the S&P500. The index plun...Read More
By Avi GilburtI have been hearing for years how gold is manipulated to go down, and is expected to rise when allowed to trade freely. So, according to these manipulation theorists, gold is really only supposed to move in one direction and would never see any corrections.Yes, I know that sounds ridiculous, but this is a perspective in the market. And this is why so many were not able to foresee t...Read More
- Gold gains 2.5% as stock markets fall globally- EuroStoxx -2%, FTSE -1.9%, Nikkei -4%, Shanghai -5.3%- Gold, silver outperform all assets in stock market rout- Trump accuses Fed of going "crazy" by continuing to raise rates- Huge spike in VIX and volatility on deepening concerns of market correction or crash1 Day Relative Performance (Finviz)Gold has gained 2.5% today on safe-haven demand as...Read More
MGX Minerals Reports Gibraltar Silicon Project Metallurgy; Suitability for Metallurgical Grade Silicon ConfirmedVANCOUVER, BRITISH COLUMBIA / October 11, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) announces it has received an independent evaluation and report regarding potential applications of quartzite material originating from its Gibraltar Silica Pro...Read More
Cryptocurrency exchange Coinbase just announced the addition the 0x protocol token to Coinbase Pro:In a blog post, the company commented:As of 10am PT on Thursday, October 11, we are now accepting deposits for ZRX on Coinbase Pro! We will accept deposits for at least 12 hours prior to enabling trading. Once sufficient liquidity is established, trading will begin on the ZRX/USD, ZRX/EUR and ZRX/BTC...Read More
Analysts at Raymond James are lowering their forecasts for zinc and copper prices.For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from US$1.40 per lb., and for 2019 they have trimmed their target price from US$1.30 per lb. to US$1.20 per lb. In 2020 they forecast a zinc price of US$1.10 per lb., down from their previous estimate of US$1.20 per lb.For...Read More
Polished trading back to normal after Jewish and Chinese festivals,but activity below previous Oct. levels. Expectations rising for US holidayseason, with focus on improving omni-channel offerings. Retailers taking moregoods on memo. Jewelers of America launching generic marketing campaign to boostconsumer demand. LVMH 3Q jewelry and watch sales +10% to $1.2B. De BeersJewellers 2017 sales -6% to $...Read More
Slight improvement in trading, with more foreignbuyers in Mumbai for Bharat Diamond Week (Oct. 8 to 10). Local dealers underpressure due to weak rupee (-14% since beginning of year to INR 74.27/$1 onOct. 10). Smaller manufacturers closing factories early for Diwali as currency decline,bank caution and sluggish demand lead to tight liquidity. Some cutters also atrisk after loaning to Surat textile...Read More