As I've noted in the past, the Commitments of Traders (COT) information is nothing other than a sentiment indicator. Moreover, for some markets, including gold, silver, copper, the major currencies and Treasury bonds, the COT reports are by far the best indicators of sentiment. This is because they reflect how the broad category known as speculators is betting. Sentiment surveys, on the other ha...Read More
Tightening is coming, brace yourself! And we mean 'tightening', not just the removal of monetary accommodation. Why we think so? Let's read our article about the recent FOMC minutes and find out! Poor Gold, Economic Outlook Is Positive Last week, the U.S. central bank published minutes from the recent FOMC meeting. How do the FOMC members view the economic outlook? On the one hand, they notic...Read More
By Steve St. AngeloHow much gold did the two largest mining countries produce in history? Well, let's just say that precious metals investors would be quite surprised to learn that the total cumulative gold production from the two leading countries is well over two billion ounces. That is one heck of a lot of gold once we consider that only six billion oz of gold has been mined in recorded h...Read More
Source: Jack Chan for Streetwise Reports 07/09/2018 Jack Chan charts the latest moves in the gold markets and sees the potential for a new "bull leg." --> Our proprietary cycle indicator is now up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy sig...Read More
Inflation is officially nearly 3% right now. Alasdair MacLeod from GoldMoney says this high inflation is still an underestimate and real inflation is closer to 10%. High inflation is causing a transfer of wealth and economic distortions. The Fed will have to raise interest rates eventually, he says. MacLeod believes Trump is taking down the Deep State and seizing control of foreign policy. Across...Read More
By Frank HolmesLast week I had the privilege of meeting a young tech superstar in Palo Alto, California Gabe Leydon, cofounder and now-former CEO of mobile game producer MZ. Previously known as Machine Zone, the Sunnyvale-based company is responsible for developing some of the highest-grossing mobile games of all time, including Game of War: Fire Age and Mobile Strike, both of which profited fro...Read More
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More
- "Chaotic" Brexit more likely after Davis, Johnson resignations from UK government- London's rivals are slowly carving chunks out of its financial services business- UK's Brexit options are increasingly unappealing which may pressure the pound- Already Frankfurt, Paris, Luxembourg and Dublin seeing more foreign direct investment and financial services jobs- Risk of "death by a thousand cuts"...Read More
Political developments in the UK and the NATO summit will affect currencies as well as metals and energies. If gold and silver fall today, then physical buyers will be absent as they will be waiting for more correction. Today and tomorrow are crucial days for gold, silver and copper. They need to float over current prices to rise further. Sharp short-term corrections (if any) in gold and silver...Read More
President Trump's choice to fill the slot vacated by Justice Anthony Kennedy is a product of Washington politics. Despite what the Pelosis and Schumers of Congress may say about him, he is no representative of the far right. Instead, he inhabits the same "radical center" as his detractors. What does that mean to the Constitution? Civil liberties? Privacy?Dr. Ron Paul is a physician and former twel...Read More
"DHS makes significant efforts, in collaboration with the State Department, to encourage countries to accept the prompt, lawful return of their nationals who Continue...Read More
My thesis is that currency wars are followed by trade wars and then finally shooting wars among major powers. This happened in the 1930s and it seemsContinue...Read More
The news last week was dominated by breathless headlines about the new trade war between the U.S. and China. But this trade war has been brewingContinue...Read More
Sarah Palin said on Tuesday that she was tricked into filming an interview with Sacha Baron Cohen in Washington DC for his new series "Who Is America?"Continue...Read More
Global ferro-vanadium and vanadium pentoxide (V2O5) prices experienced considerable gains over the past week, taking their cue from strength in the Chinese domestic market. Chinese ferro-vanadium, V2O5 export prices rise in response to strength in domestic market European ferro-vanadium prices strengthen in line with Chinese market European V2O5 prices surge on supply concerns US FeV market conti...Read More
Democrats are in for a tough time in November's midterm elections according to an Axios and SurveyMonkey poll of key states released Tuesday.Continue...Read More
Today's Wall Street Journal contains a couple of charts that illustrate a relationship that's not getting much media attention these days: The fact that tightening Continue...Read More
A few months ago I sent you a note explaining that major gold discoveries are shrinking.Continue...Read More
The company met production target and achieved steady-state production at Brucejack. Pretium's Brucejack ProjectPretium Resources Inc. (PVG:TSX; PVG:NYSE) recently reported second quarter gold production results which are:111,340 ounces of gold produced14.9 grams per tonne gold mill feed grade97.7% gold recovery rate236,990 tonnes of ore milled2,604 tonnes per day ore milled"With more than 187,00...Read More
An Echelon Wealth Partners report explained the rationale for elevating this firm's status. Revival's Beartrack ProjectA July 9 research note indicated that Echelon Wealth Partners selected Revival Gold Inc. (RVG:TSX.V) as a Top Pick based on expectations for its 2018 drill program that aims to expand the resources at Beartrack in Idaho. The company plans to drill 8,000 meters along the Panther...Read More