Fake Responses One month ago we asked: What kind of stock market purge is this? Over the last 30 days the stock market's offered plenty of fake responses. Yet we're still waiting for a clear answer. As the party continues, the dance moves of the revelers are becoming ever more ominous. Are they still right in the head? Perhaps a little trepanation is called for to relieve those brain tensio...Read More
By Ed Steer10 March 2018 -- SaturdayYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price was sold quietly lower starting once trading began at 6:00 p.m. EST in New York on Thursday evening -- and by around 9:30 a.m. CST on their Friday morning, it was down about 5 bucks. It began to crawl slowly higher starting around 2 p.m. CST -- and that lasted until the noon silver fix in London...Read More
"Hillary Clinton was running and is running a global financial criminal syndicate. She was using these secret servers to conduct Clinton financial money laundering business. The shocking thing about that is all the former directors of the CIA that have come out to support her, from Clapper to Brennan to Morell to Robert Gates supporting her being elected, knew about this criminal syndicate. Comey...Read More
By David HaggithBloomberg this week ran a story telling us how the smart money gets out of the stock market when it hits its all-time peak and how the dumb money helps the smart money out. Only they didn't know that was what they were writing. It typically happens this way:At the end of a deliriously euphoric market rally when the market is preparing to crash, all the Joe Sixpacks, mom and pop a...Read More
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 sectors.Read More
By Steve St. AngeloThe U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high r...Read More
Price DataSymbolDatePriceASX:WGX03/09/2018AUD1.52Alert me when stock is updatedQuick LinksLogin to accessDescriptionWestgold Resources Ltd are a gold focused mid-tier producerLogin to access Don's SummaryGeneral DetailsFinancial03/11/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (Fully Diluted):$521.26M$520.98M03/11/2018$-0.29MTotal Assets:$393.56M$393.34M03/11/2018$-0.2...Read More
But, as more details emerge from last week's stunning announcement that North Korean leader Kim Jong-un and U.S. President Donald Trump Continue...Read More
A branch of journalism that might be called, "don't worry, be happy, because this time is different" tends to pop up at the peak of cycles when imbalances Continue...Read More
SummaryFollowing the news continues to be useless.The bears have a downside set up in place.What the bulls need to do to make the bears fumble the ball.Do you think we will ever see a week of market moves associated with news events for which you will not shake your head?Week after week I think analysts say something so stupid that I just want to scream. As I have pointed out so many times over th...Read More
By Ed Steer10 March 2018 -- SaturdayYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price was sold quietly lower starting once trading began at 6:00 p.m. EST in New York on Thursday evening -- and by around 9:30 a.m. CST on their Friday morning, it was down about 5 bucks. It began to crawl slowly higher starting around 2 p.m. CST -- and that lasted until the noon silver fix in London...Read More
The U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.Whil...Read More
By David HaggithBloomberg this week ran a story telling us how the smart money gets out of the stock market when it hits its all-time peak and how the dumb money helps the smart money out. Only they didn't know that was what they were writing. It typically happens this way:At the end of a deliriously euphoric market rally when the market is preparing to crash, all the Joe Sixpacks, mom and pop a...Read More
Looking at the market at the close of this week, apparently the "policy makers" have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, February 8th, with the Dow Jones coming back since. It closed the week only 4.81% from its last all-time high of January 26th, and so could easily make a new BEV Zero in the days and week...Read More
By Steve St. AngeloThe U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high r...Read More
Gold's change for the week just past? A zip-zero-nada bona fide nuthin' burger. Well, ok, it did sport a net gain for the week of 30 ? having settled the prior Friday at 1323.7 and now yesterday at 1324.0. En route, price made both a "higher-low", but also a "lower-high", referred to by traders as an "inside week". Fairly riveting stuff, one has to say. Best have a bowl of soup and a nap.Speaking...Read More
RAPAPORT... Dominion Diamond Mines will integrate the Sarine DiamondJourney into its CanadaMark website, enabling consumers to track thedevelopment of their diamonds from mine to retail, Sarine Technologies saidrecently.The system was launched on the miner's website atthe Hong Kong International Jewellery Show earlier in March, providing imagesof the diamond through its journey along the supply ch...Read More
RAPAPORT... The Diamond Empowerment Fund (DEF) has received a $100,000grant for its "Diamonds Do Good" initiative, the group said last week. The JCK Industry Fund - which helped launch theprogram three years ago - has again provided funding for the campaign, aimed atinforming consumers about the industry's contributions to society. "Putting forward a positive narrative surrounding diamondsis esse...Read More