June 5, 2017 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest moves in the precious metals markets, noting a new major sell signal in the USD, which supports metal prices.Our proprietary cycle indicator is down. 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...Read More
One Ear to the Ground, One Eye to the FutureTreasury yields are attempting to say something. But what it is exactly is open to interpretation. What's more, only the most curious care to ponder it. Like Southern California's obligatory June Gloom, what Treasury yields may appear to be foreshadowing can be somewhat misleading. Behold, the risk-free tide... Are investors anticipating deflation...Read More
The 11th Annual In Gold We Trust Report This year's Incrementum In Gold We Trust report by our good friends Ronald Stoeferle and Mark Valek appears about one month earlier than usual (we already mentioned in our most recent gold update that it would become available soon). As always, the report is extremely comprehensive, discussing everything from fundamentals pertaining to gold, to technical ana...Read More
Tremendous FlopGUALFIN, ARGENTINA - Now comes a report from the Financial Times that tells us the nation's No. 1 industry - home building - has been backing up for a quarter of a century.According to the newspaper, U.S. home builders "started work on the same number of houses in the past year as they did a quarter of a century ago, even though there are 36% more people working as residential bui...Read More
CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Dr. Chris of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global politicals, financial markets, governmental policy, precious metals and the importance of preparedness amon...Read More
By Graham SummersSince 2008 the financial media has been proclaiming that the US was in a "recovery." This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion in QE.Well, it turns out there was no recovery to speak of when it comes to jobs. According to a report posted on Friday, an incredible 93% of ALL...Read More
By Frank HolmesStrengthsThe best performing precious metal for the week was palladium, up 6.17 percent. Consumer demand is rising for gasoline- versus diesel-engine powered vehicles, yet automobile sales have started to relax in recent months. According to Bloomberg, gold bulls outnumber gold bears this week as Trump probes are boosting safe-haven demand for the yellow metal. In fact, gold adv...Read More
By Keith Weiner The jobs report was disappointing. The prices of gold, and even more so silver, took off. In three hours, they gained $18 and 39 cents. Before we try to read into the connection, it is worth pausing to consider how another market responded. We don't often discuss the stock market (and we have not been calling for an imminent stock market collapse as many others have). The initi...Read More
Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More
A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More
Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experience in finance on the Asian, Australian, European and US markets and has held senior positions at several international investment houses, including Robert Fleming, UBS and Credit Suisse. Since 2009, he has also been writing the...Read More
Terrorist attacks have become a regular occurrence in England. What can be done about it? Seems like there's always a reason why they didn't stop the guys from carrying out the attack, even though they were well aware of them before the deed was done. Will vacating the Middle East and leaving them to their own demise solve the problem? John believes it couldn't make it worse. Trump's withdrawal fr...Read More
Interview Highlights:[00:40] Harry addresses his critics[02:26] Why he thinks the market correction will begin in 2017[07:04] Can activist central banking save the market?[13:20] Trump is appealing to the All-Star Wrestling fans[13:52] Japan has already gone off the cliff[19:40] Economic pain is necessary in life[21:04] Germany will not save Europe[23:28] Why additional QE won't work[27:36] The ne...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
TOPICS IN THIS INTERVIEW:01:05 Where is the Gold Market today?04:25 FED Hikes getting higher - When will it stop06:05 GDXJ announcements influence on Mining shares08:25 Bitcoin VS Gold - Will Bitcoin replace Gold?11:30 Strategic Wealth Preservation SummaryRead More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
China is not only one of the world's largest debtors, it is one of the world's largest creditors. China uses debt not in the customary financial manner, but as a politicalContinue...Read More