Is a new bull market in metals about to "Get Started?" Lets look at one indicator that is attempting to send a bullish signal, for the first time in 6-years.Below looks at the Gold Futures/US Dollar ratio, since 1999 on a weekly basis-CLICK ON CHART TO ENLARGEThe Gold/King Dollar ratio broke above resistance in 2001 and a strong breakout took place. For a decade, Gold was much stronger than the US...Read More
Jun 07, 2017 Guest(s): Gary Wagner The gold market saw additional selling pressure in late-afternoon trading Wednesday, following the early release of former FBI director James Comey's testimony scheduled for Thursday. However, to technical analyst Gary Wagner, this knee-jerk reaction is a necessary correction in gold's overall rally. We might go into period of consolidation but overall I am bu...Read More
Jun 07, 2017 Guest(s): Frank Holmes Despite a drop in late trading, gold prices managed to rally to seven-month highs Wednesday, trading near that key $1,300 level. The mining stocks, on the other hand, seem to be lagging a little behind. However, fund manager and U.S. global investors CEO Frank Holmes says he isn't concerned, calling some gold stocks great buys' at the moment. It is so easy fo...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
Weekly Reports |Jun 06 2017The uranium spot market is seeing opportunistic buying under US$20/lb but a lack of interest above.By Greg PeelThe fall in the uranium spot price to under US$20/lb drew opportunistic buyers out of the woodwork last week. A jump in volume followed, with five transactions concluded in the last throes of May and another five recorded in the first days of June, industry cons...Read More
Jun 08, 2017 Ever wonder what it would be like to be in a room with some of the mining greats? To have a candid conversation about precious metals with them? Well, wonder no more. In collaboration with Kitco News & Kitco Insider, Northern Miner is offering access to its exclusive event - the Canadian Mining Symposium - which took place on May 9 in London, England. The event takes a deep dive into...Read More
LONDON, 6 June 2017 - Global news and data providers Bloomberg today name BullionVault as "the largest online platform for trading physical gold."The news-wire reports on growing demand for secure storage of precious metals. It shows BullionVault as the lowest-cost choice.A "pick-up in inflation across Europe" has increased demand for gold and silver storage, says Bloomberg, adding that "turbulent...Read More
Banks are supposed to be the epitome of secure. You can put your money in their vaults, and forget about it. Don’t worry everything will be fine. And even if the bank goes under, the federal government insures deposits of up to $250,000.But that won’t help if the government is the thief. The United States government can freeze your bank accounts for basically no reason, without due pro...Read More
Banks are supposed to be the epitome of secure. You can put your money in their vaults, and forget about it. Don’t worry everything will be fine. And even if the bank goes under, the federal government insures deposits of up to $250,000.But that won’t help if the government is the thief. The United States government can freeze your bank accounts for basically no reason, without due pro...Read More
Join us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridgehouse.com/https://twitter.com/cambridgehttps://www.facebook.com/cambridgehou...Copyright (C) 2015 Cambridge House International Inc. All rights reserved.Read More
Company Update at the International Metal Writers Conference 2017Join us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridgehouse.com/https://twitter.com/cambridgehttps://www.facebook.com/cambridgehou...Copyright (C) 2015 Cambridge House International Inc. All rights reserved.Read More
Company Update at the International Metal Writers Conference 2017Join us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridgehouse.com/https://twitter.com/cambridgehttps://www.facebook.com/cambridgehou...Copyright (C) 2015 Cambridge House International Inc. All rights reserved.Read More
China's Gold Imports Seen Jumping 50% as Haven Demand Boomsby Ranjeetha PakiamMore stories by Ranjeetha PakiamRead More
* Dollar/yen slips below 110.00 to 6-week low* Caution begins to mount ahead of UK elections, Comey testimony* Aussie slips after current account data disappoints, awaits RBA* RBA widely expected to stand pat, focus on its economic view (Updates throughout)By Shinichi SaoshiroTOKYO, June 6 (Reuters) - The dollar hit a six-week low against the safe-haven yen on Tuesday as caution mounted ahead of B...Read More
By Cecile LefortSYDNEY, June 6 (Reuters) - The Australian dollar slipped on Tuesday after bulls were wrong-footed by a larger-than-expected current account deficit, while the New Zealand dollar scaled a three-month peak.The Australian dollar was down around 20 ticks at $0.7467 and away from Monday's high of 75 cents. Support was found around $0.7445.It dropped a third of a U.S. cent to $0.7458 aft...Read More
June 6 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0205 GMT.CURRENCIES VS U.S. DOLLARChange on the day at 0205 GMTCurrency Latest bid Previous dayPct Move Japan yen109.840110.45+0.56 Sing dlr 1.3801.3814+0.10 Taiwan dlr 30.076 30.090+0.05 Korean won*1118.300 1121.8+0.31 Baht 33.985 34+0.04 Peso 49.410 49.4-0.02 Rupiah 13285.000 13285+0.00 Rupee64.35564.36...Read More
By Nichola Saminather | SINGAPOREAsian stocks retreated on Tuesday after Wall Street's stumble overnight, while oil inched up from the previous day losses as lower Libyan oil production assuaged concerns that the severing of ties with Qatar by other Arab states could impede a deal to cut crude output.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent in early...Read More
June 6 - Gold held steady early Tuesday, hovering close to a more than six-week high hit in the previous session, on weaker Asian stocks and amid tapered expectations for aggressive U.S. rate hikes this year.FUNDAMENTALS* Spot gold rose 0.1 percent to $1,280.60 per ounce at 0105 GMT. On Monday, it hit a peak of $1,283.27 an ounce, its highest level since April 21.* U.S. gold futures for August del...Read More
By Elias Biryabarema | KAMPALA, JUNE 5Widespread corruption at the Ugandan government's mines department, including using bribes to secure licences, is stifling investment in the sector and eroding benefits for Ugandans, a human rights group said on Monday.London-based Global Witness said it had conducted an 18-month investigation that uncovered evidence of bribery at the Directorate of Geological...Read More
By Tom Westbrook | SYDNEYAustralian Prime Minister Malcolm Turnbull said on Tuesday police were treating a deadly siege in the southern city of Melbourne as an "act of terrorism" after a claim by the Islamic State group that one of its fighters was the gunman responsible.Police shot dead gunman Yacqub Khayre on Monday after he held a woman hostage inside an apartment building in Melbourne, Austral...Read More