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
CloseGain/LossGold $1348.60+$1.30Silver$17.18+$0.41XAU85.21+1.19%HUI184.34+0.92%GDM643.88+0.60%JSE Gold1093.98+29.74USD89.62+0.12Euro123.78+0.03Yen93.36-0.27Oil$68.47+$1.9510-Year2.877%+0.037T-Bond144.84375-1.1875Dow24748.07-0.16%Nasdaq7295.24+0.19%S&P2708.64+0.08% The Metals: Gold fell $5 to $1342.30 in Asia before it climbed up to $1355.60 in late morning New York trade...Read More
The comments below are an edited and abridged synopsis of an article by Phoenix CapitalThe single biggest concern for the Fed is inflation, because US Treasuries are currently in a massive bubble, and those Treasury yields trade based on inflation.If inflation rises, so do Treasury yields. If Treasury yields rise, Treasury prices fall. If Treasury prices fall, the bond bubble begins to burst.Here'...Read More
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Funds, gives his forecast for the gold mining markets and best performing sectors this year.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sect...Read More
Precious metals expert Michael Ballanger discusses the gold and silver ratio.There is a famous quote about short-selling that comes from Olde English business folklore that goes something like this: "He who sells what isn't his'n. Must deliver or goes to prison!"That old horse chestnut was used to frighten the Rothchildian short-sellers that used to hang out on the old New York "curb" back before...Read More
Ray: "Est-ce que le feu est en train de prendre?Je n'ai jamais vu un pattern d'or prendre autant de temps pour faire un break-out. Nul doute que nos amis les banksters sont ? l'?"uvre. Salut, Raymond"K.C. : A mon avis, D'accord Ray....d'accord...d'accordEnglish translation: Ray suggests that the price action of gold is taking a lot of time to "break out" ...he believes that the manipulaters/ban...Read More
In previous blog posts (e.g. HERE) I explained the limitations of sentiment as a market timing tool. Since the public is invariably wrong at price extremes, it certainly can be helpful to track the public's sentiment and use it as a contrary indicator. However, whereas price extremes always coincide with sentiment extremes, sentiment extremes often don't coincide with price extremes. This is esp...Read More
The comments below are an edited and abridged synopsis of an article by Raul Ilargi MeijerIlargi discusses an article written by Steve Keen (included here) about the real estate market. Keen explains where the housing market went off the rails, what short-sighted interests politicians have in subverting them, and why housing markets are unlike any other markets (the turnover of existing propertie...Read More
A gold company active in Fiji is on technical analyst Clive Maund's radar screen as a buy.Lion One Metals Limited (LIO:TSX.V; LOMLF:OTCQX) is looking more and more positive here. It will be assumed by many traders that, having arrived at the upper boundary of the downtrend shown on the 2-year chart below, it will turn tail and drop back again as it has done in the past, but this time it doesn't lo...Read More
This article was written for Miles Franklin by Gary Christenson who advocates treating causes, not symptoms.Headache? Muscle ache? Back ache? Take a pill! An over-the-counter pill will diminish the symptoms and pain. The consequences will come later.High cholesterol? Take a pill. There are other ways to reduce cholesterol but none that produce $ billions for Big Pharma. Consequences to your body...Read More
The comments below are an edited and abridged synopsis of an article by Tyler DurdenDan Ivascyn, who replaced Bill Gross as CIO of the world's largest bond fund at PIMCO, recently advised that now is the time to take profits.Speaking at the UBS Global Wealth Management Summit in Davos, Ivascyn, responsible for allocating hundreds of billions in clients' funds, said that geopolitical tensions and r...Read More
Money manager Adrian Day reviews four companies that he sees as buys. Midland Exploration Inc. (MD:TSX.V, 0.84 0.89) has started a drill program on the Vortex Zone of the Casault project, a joint venture with Soquem, east of Detour Lake. Two rigs have been moved to the property, a reflection of the high hopes. The company continues to be active along the development continuum. Assays from its rec...Read More
The market for cobalt sulfate is becoming more mature, market participants said on the sidelines of Metal Bulletin's Battery Materials Conference, in Shanghai, which is being held Wednesday-Thursday April 18-19.Emerging traders are getting involved in the spot market and are showing extensive interest in considering the commodity as an investment material, just like cobalt metal, they added.Cobalt...Read More
CloseGain/LossGold $1348.60+$1.30Silver$17.18+$0.41XAU85.21+1.19%HUI184.34+0.92%GDM643.88+0.60%JSE Gold1093.98+29.74USD89.62+0.12Euro123.78+0.03Yen93.36-0.27Oil$68.47+$1.9510-Year2.877%+0.037T-Bond144.84375-1.1875Dow24748.07-0.16%Nasdaq7295.24+0.19%S&P2708.64+0.08% The Metals: Gold fell $5 to $1342.30 in Asia before it climbed up to $1355.60 in late morning New York trade...Read More
Oil prices could rise due to the “perfect storm of stagnant supply, geopolitical risk, and a harsh winter,” according to an April 12 note from Barclays.Geopolitical events specifically could help keep Brent above $70 through April and May, which comes on the back of a substantial decline in oil inventories. The investment bank significantly tightened its forecast for Venezuelan product...Read More
By Craig HemkeVery few people understand or even know of the opaque COMEX-->LBMA process known as "Exchange Futures For Physical". Even the term is misleading, as there's clearly nothing "physical" about it. The first thing you need to understand is that this is NOT a new phenomenon. EFPs have been utilized within the derivative pricing scheme for years. In fact, one of the best articles/explana...Read More
The comments below are an edited and abridged synopsis of an article by Marc SalvoMajor financial institutions across the world are warning about the economic disaster to come. Unabated money printing, tariff trade wars, rising interest rates and retail slowdowns point to one result, and it will be brutal.Big banks and governments know what's coming, and they are preparing for this eventuality by...Read More
Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver.Our proprietary cycle indicator is 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 signal. Short-term signals can last for days and weeks, and...Read More
The comments below are an edited and abridged synopsis of an article by Mark O'ByrneThe global debt bubble has hit a new all-time high-over $237 trillion. Global debt increased 10%, or $21 trillion, in 2017, to nearly a quarter quadrillion US dollars; this increase in debt is equivalent to America's ballooning national debt. Global debt is up $50 trillion in decade, and is over 327% of global GDP;...Read More