Since 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 jobs created since...Read More
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 initial reaction in the US...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 the...Read More
We "went walkabout" over the past several years, largely deserting the Precious Metals sector for other greener pastures, because it has been performing so poorly, apart from a dramatic flurry during the 1st half of last year. However, the latest charts suggest that a major bull market is incubating in the sector and that it won't be much longer before it starts. This being so it is time for us to...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
Full Article: SWOT Analysis: Deutsche Bank Says Investors Should Prepare for Flight to GoldBy: Frank HolmesStrengthsThe best-performing precious metal for the week was palladium, up 4.18 percent. Bloomberg reports that rising automobile demand may be sending palladium futures toward the steepest rally since April 20.Bloomberg's weekly poll of traders and analysts show the trending heading toward...Read More
I was shocked by Friday's announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself. This was one of those rare cases where the source anno...Read More
Early in 2017, Clif High's Webbot Forecast the Current Parabolic Move Underway in Cryptocurrencies. What His Webbot is Now Saying About Gold & Silver Prices May SHOCK You... from Greg Hunter:Read More
After a nearly two year hiatus, Chris Duane is back to talk SILVER which is the antidote to bankster tyranny. On Sale At SD BullionYou May Also Like2017 (S) NGC MS-70 American Silver Eagle Coin San Francisco Bridge Label1 oz SilverTowne Prospector Stackable Silver Round2017 1 oz Gold Buffalo Proof Coin - Includes Mint Box and COANGC PF-70 2017 Gold High Relief American Liberty Coin | 225th Anniv...Read More
Podcast: Play in new window | DownloadThis Friday's Job's report Was Terrible, Craig Hemke Says. "Trumpflation" Is Coming to an End...With such a dismal outlook, will the Fed continue to raise rates?Hemke says the Fed may announce QE instead of more rate hikes.As for precious metals, Hemke sees gold and silver continued to trade higher this year.Subscribe for Free to the SD YouTube Channel On Sa...Read More
McAlvany Financial Explains Why You Can't Afford to Be LATE Acquiring Physical Gold & Silver Ahead of the Next Financial Crisis...Read More
On Sale At SD BullionYou May Also Like2017 (S) NGC MS-70 American Silver Eagle Coin San Francisco Bridge Label1 oz SilverTowne Prospector Stackable Silver Round2017 1 oz Gold Buffalo Proof Coin - Includes Mint Box and COANGC PF-70 2017 Gold High Relief American Liberty Coin | 225th Anniversary Release Want Free Shipping On Your Next Order? Look for the Blue Free Shipping Seal!When you see this...Read More
BRACE Yourselves... Submitted by Deviant Investor:Bubbles come and go.Silver and gold - 1980Japanese Nikkei - 1990NASDAQ - 2000Mortgages and Real Estate - 2006Bonds, Debt, Stocks, Real Estate - 2017Examine the following graph of monthly data for 32 years of the NASDAQ 100 Index and Silver.We saw the NASDAQ bubble in 1999-2000, a rapid rise for silver in 2010 - 2011 and a large rise in the NASDAQ...Read More
Investing.com - Gold prices rose to their highest level in around six weeks in European trade on Monday, as market players monitored mounting geopolitical tension in the Middle East as well as the fallout from the weekend terror attack in London.Comex gold futures rose to a session peak of $1,284.67 a troy ounce, a level not seen since April 20. It was last at $1,284.18 by 3:25AM ET (0725GMT), up...Read More