Whenever I get into a row with a reader over the future of fossil fuels, there's always one quote that immediately springs to mind.It was from Rashid bin Saeed Al Maktoum, the first Prime Minister of the UAE.Not ringing a bell?Don't worry, I have a feeling you've heard it before.It goes, "My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son w...Read More
The benchmark cash/three-month spread in aluminium at the start of this week hit backwardation levels not seen since before the Global Financial Crisis, which is a landmark event but not necessarily a signal of a major shift in market dynamics.It is most probably a short-term aberration caused by the potent combination of February date shorts clashing with dominant longs but given added spice and...Read More
Steve St Angelo has a very timely update for the silver, oil, and stock markets. Here's the details...by Steve St Angelo of SRSrocco ReportDuring the last 90 minutes of trading on Wednesday, the Dow Jones Index tanked by 400 points. Supposedly, the steep selloff had something to do with the release of the Fed minutes. However, today, the market has reversed once again and is up by 200 points....Read More
Harvey Organ says a huge supply of silver is being transferred from COMEX to London this month. Here's the details...by Harvey Organ of Harvey Organ BlogFEB 22/GOLD REBOUNDS TODAY TO CLOSE UP 90 CENTS TO $1330.95/SILVER HOWEVER IS DOWN ONE CENT/GOLD EFP ISSUANCE: 9751/SILVER EFP ISSUANCE: 1199 CONTRACTS/NIPPON LIFE IS STOPPING PURCHASING EQUITIES IN JAPAN/CHINESE HEADS OF COMPANIES RECEIVING MASSI...Read More
Below looks at the Silver/Gold ratio over the past 30-years. Silver "AND" Gold bulls want to see this ratio heading higher, as when it does, historically both are moving higher.Over the past 20-years when the ratio was hitting a certain level, Silver rallied at least 20% each time.CLICK ON CHART TO ENLARGEThe trend is in the ratio has been lower since it hit the top of 30-year trading range back i...Read More
Joining me today is Frank Holmes, a renowned global investor who leads the board of directors for HIVE Blockchain Technologies LTD., a chief executive and chief investment officer at U.S. Global Investors, and a sought after keynote speaker at international investment conferences. His Frank Talk CEO Blog is one of the most widely read in finance.Frank Holmes:https://www.hiveblockchain.com/corpor.....Read More
Slow stock response to Probe's doubling of resourcesGuest's website:https://secure.kaiserresearch.comProduced by https://www.HoweStreet.comDon't miss out - Stay Informed!Receive the HoweStreet.com Weekly Recap with thought provoking podcasts, radio and articles delivered to your inbox.Sign up for the HoweStreet.com Weekly Recap on the homepage at https://www.HoweStreet.comRead More
Erik Townsend welcomes Rick Rule to MacroVoices. Erik and Rick discuss:-- Why focus on investing natural resources?-- Using top down macro in resource investing-- Rare earths and lithium -- What resources should investors focus on?-- Uranium and nuclear energy-- Liquid Fluoride Thorium Reactors-- Copper, Potash and Dry Bulk Shipping-- Water as a commodity-- China and the future of rare earthsRead More
This one turned out sick! Enjoy and let me know what you think in the comments!Filmed and edited by Sergio GarciaRead More
February 23, 2018It's been a rough week for gold, and Eric cuts through the noise to give you his no-nonsense take. Plus:?EUR? Why gold prices aren't reflected in mining shares?EUR? The latest news on market manipulation?EUR? Eric's take on Russia's gold reserveswww.sprottmoney.comRead More
I’m sorry for cursing, but I have to be frank. Most people just don’t do the required work to get what they want. They may work hard in other areas, usually to someone else’s benefit. But the timing just never seems right to do the work to make the changes they want in their own lives.This is a story of two people who did, and are still doing, the hard work. This is the story of...Read More
Developing the Spences Bridge Gold Belt in British ColumbiaRead full newsRead More
* Dollar trims overnight losses* Risk appetite improves, US yield decline stops* Dollar index on track to gain 0.9 pct on the week* Japan's Jan inflation pace unchanged, yen shows little reaction (Adds details and quotes, updates prices)By Shinichi SaoshiroTOKYO, Feb 23 (Reuters) - The dollar edged up against the yen and other currencies on Friday, trimming earlier losses, as global investors ging...Read More
Editor's Note:Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Feb 23 (Reuters) - Gold prices slipped on Friday on a stronger dollar and the yellow metal was on track for its sharpest weekly drop in 2-1/2 months.FUNDAMENTALS* Spot gold was down 0.2 percent at $1,329.16 an ounce at 0127 GMT. Prices gained 0.6 percent in the previous session, in their biggest one-day percentage rise since Feb. 14.* The precious metal was on track for its biggest weekly fall sin...Read More
Financial and industrial stocks helped the S&P/TSX Composite Index close smoothly on Wednesday, and hit the ground running Thursday morning.Read full newsRead More
CloseGain/LossGold $1331.50+$7.00Silver$16.61+$0.13XAU80.02-0.61%HUI175.85-1.57%GDM608.39-0.43%JSE Gold1099.99-47.06USD89.77-0.28Euro123.29+0.37Yen93.85+0.82Oil$62.77+$1.0910-Year2.922%-0.014T-Bond143.09375+0.40625Dow24962.48+0.66%Nasdaq7210.09-0.11%S&P2703.96+0.10% The Metals: Gold fell $3.70 to $1320.80 in Asia, but it then rallied back higher for most of trade in New York and ended near...Read More
- Russia increased its holdings to 1,857 tons, topping the People's Bank of China's 'reported' 1,843 tons- Russia surpasses China as 6th largest holder of gold reserves - after U.S., Germany, IMF, Italy and France- Turkish central bank added 205 tons "over 13 consecutive months" - Commerzbank- Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next weekRussia has...Read More
CloseGain/LossGold $1331.50+$7.00Silver$16.61+$0.13XAU80.02-0.61%HUI175.85-1.57%GDM608.39-0.43%JSE Gold1099.99-47.06USD89.77-0.28Euro123.29+0.37Yen93.85+0.82Oil$62.77+$1.0910-Year2.922%-0.014T-Bond143.09375+0.40625Dow24962.48+0.66%Nasdaq7210.09-0.11%S&P2703.96+0.10% The Metals: Gold fell $3.70 to $1320.80 in Asia, but it then rallied back higher for most of trade in New York and ended near...Read More
- Russia increased its holdings to 1,857 tons, topping the People's Bank of China's 'reported' 1,843 tons- Russia surpasses China as 6th largest holder of gold reserves - after U.S., Germany, IMF, Italy and France- Turkish central bank added 205 tons "over 13 consecutive months" - Commerzbank- Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next weekRussia has...Read More