Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Mr. Holmes has received various honors over the years, including being named America's Best Fund Manager by the Mining Journal. He is also the co-author of the book The Gold Watcher: Demystifying Gold Investing, and is a regular gues...Read More
Last week Donald Trump, in his own estimation, succeeded in replacing what he claimed to be the "worst trade deal in history" with what he claims was "the best trade deal in history." If true, this would not only make good on one of his central campaign promises, but it would be a genuinely significant development. In reality, the unveiling of the United States-Mexico-Canada (USMCA) trade deal i...Read More
By Jordan Roy-Byrne CMT, MFTA Gold has struggled to rebound despite an extreme oversold condition and extreme bearish sentiment. Nevertheless, conditions for Gold have not worsened in recent days. In fact, Gold as well as gold stocks appear to be basing for a potential rebound into the holiday season. While some gold bulls expect a major bottom, we aren't in that camp because the fundamentals a...Read More
134,000. The September job gains disappointed. But the unemployment rate dropped to 3.7 percent. And there was a sharp sell-off in China's stock market. What does it all mean for the gold market? Job Creation Disappoints, but Unemployment Rate Sinks to Record Low U.S. nonfarm payrolls slowed down in September. The economy added just 134,000 jobs last month, following a rise of 270,000 in Augu...Read More
By Frank HolmesAccording to a recent Cornerstone Macro report, the three most influential macro trends this year have been 1) the strengthening U.S. dollar, 2) the flattening yield curve and 3) slowing global manufacturing expansion. I've written about all three topics numerous times this year, but the one I've watched the most closely has been global manufacturing, as measured by the purchasing...Read More
Interest rates have risen to levels where they are finally getting noticed, even on giddy Wall Street and in the undiscerning precincts of television business news. In recent days, nasty selloffs in the stock market have been attributed to correspondingly large leaps in Treasury yields. The move since late August has been unusually steep. The Ten-Year Note hit 3.25% on Monday, up from 2.83% ju...Read More
Trump wants to call China a currency manipulator. The fall in the yuan reflects growth concerns and nothing else. Currency should reflect fundamentals. Currency prices moves are based on fundamentals. The USA has the strongest economy which is why the US dollar is strong. Asian currencies are weak as a higher energy bill wreaks havoc on a nations balance sheet and also affects voter base. There...Read More
"It's beyond Italy. It's going on in all the emerging markets and the developed nations."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a p...Read More
Sit alongside Mike as he engages in his trademark due diligence, exploring the far-reaching influence of the Warburg family in the Federal Reserve, the Roosevelt administration, and offshore banking, including "The London Banker Who Broke the World," Sigmund Warburg.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader...Read More
Last week Donald Trump, in his own estimation, succeeded in replacing what he claimed to be the "worst trade deal in history" with what he claims wasContinue...Read More
Everyone loves to buy nice things. Those that say they don't... well, they're liars who "can't afford" to do so. From infancy, before we can even talk, we're wired to chase Continue...Read More
"This is an exuberant time, but it is also a complacent time."?>>?Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) sinc...Read More
"I think we don't have to go as fast.""I don't want to slow it down even a little bit."Trump also said there are no signs of any meaningful inflation. Continue...Read More
"A bank that has large foreign assets and large intrafinancial system liabilities is a potential source of spillover risk. If a large loss in value in foreign assets caused such Continue...Read More
Gold has struggled to rebound despite an extreme oversold condition and extremeContinue...Read More
With Nevada gold projects taking center stage in the M&A sphere, one new gold explorer that has grabbed the attention of industry observers is moving quickly to prove up its project. American Pacific's Tuscarora Project DrillingNevada is no slacker when it comes to massive gold mines. Barrick Gold's Cortez Gold Mine and Goldstrike Mine each produce over 1 million ounces of gold a year, and Newmon...Read More
With gold prices moving sideways, the Golden Triangle of British Columbia and several companies exploring there continue to provide a bright spot for gold exploration. Golden Ridge Resources' Hank ProjectThree different gold rushes and some of Canada's greatest mines have been found on the Golden Triangle, located just inland from the Alaska Panhandle.The mines include Premier, Snip and Eskay Cr...Read More
This gold-silver company continues to simultaneously advance two of its projects in Mexico. Goldplay Exploration Ltd. (GPLY:TSX.V; GLYZF:OTCQB) provided an operational update on San Marcial and El Habal. At San Marcial, the company's high-grade silver-lead-zinc project, the primary focus of work underway is to calculate and release an NI-43-101-compliant resource estimate before year-end 2018. Th...Read More
Technical analyst Clive Maund charts the markets and explains why he finds that the U.S. stock market is at an unprecedented overbought extreme. There are times in life when being alarmed is actually a healthy defense mechanism that gives you an advantage over the many for whom "ignorance is bliss." This is one of those times. The U.S. stock market is now at a dangerous unprecedented overbought e...Read More
CloseGain/LossGold $1190.10+$1.20Silver$14.40+$0.01XAU64.88-1.59%HUI141.35-1.73%GDM512.32-1.57%JSE Gold1065.89+33.27USD95.66-0.06Euro114.96+0.02Yen88.56+0.06Oil$74.96+$0.6710-Year3.203%-0.027T-Bond137.75+0.71875Dow26430.57-0.21%Nasdaq7738.02+0.03%S&P2880.34-0.14% The Metals: Gold edged up to $1191.80 in Asia before it dropped back to $1183.50 at about 9:45AM EST, but it t...Read More