Continue...Jim Chanos an American hedge fund manager, and is president and founder of Kynikos Associates, a New York City investment company that is focused on short selling. Mr. Chanos famously shorted Enron shortly before the firm's historic collapse at the turn of the century.Read More
*The interview begins at 2:00Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace th...Read More
"The number of unlawful trades that JP Morgan traders executed in precious metals futures markets is at least in the thousands."Continue...Read More
Zero. The US inflation rate was unchanged in November. What does the flat CPI mean for the gold market? What Happened With Inflation?The CPI was unchanged in November, following an increase of 0.3 percent in October. It was the weakest number since March 2018, when monthly inflation fell about 0.1 percent. However, the flat reading was caused by a sharp decline in the price of gasoline – tha...Read More
Our team of researchers, at www.TheTechnicalTraders.com, believe the recent upward price move in Gold has reached a level where prices will pause and retrace a bit before the next big leg higher begins.The recent downward pricing pressures in the US and global stock markets have prompted Gold to move well above recent highs near $1242. We predicted this move over 40 days ago with this resear...Read More
Precious metals expert Michael Ballanger discusses the role of silver historically as well as recent moves in the market. Could there have ever been constructed four finer sentences strung together for the purpose of defining eight items related to money and social standing than the following?"Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. And debt i...Read More
Our proprietary Fibonacci predictive modeling system is suggesting Natural Gas is about to break down below the $4.30 level and move aggressively toward the $3.05~3.25 level. This could be an incredible move for energy traders and a complete bust for existing longs.This Weekly Natural Gas chart is showing our Fibonacci Predictive modeling system and highlighting the lower support price targe...Read More
Fewmarkets are as depressed – and, as many analysts argue, suppressed – as silver.Prices for the white metal continue to languish in a low-level trading rangeamidst lackluster demand.Theupshot for investors is that they can nowobtain silver bullion at both a low spot priceand a low premium above spot.Howlong this buyer’s market will is unknowable last. But given silver’sman...Read More
Previously, I have shown how we could beclose to major financial crisis with the monetary system at the center. Thefollowing chart that shows the ratio of gold to the monetary base was used:The chart shows the ratio of the gold price to the St. LouisAdjusted Monetary Base back to 1918. That is the gold price in US dollarsdivided by the St. Louis Adjusted Monetary Base in billions of US dollars.(fr...Read More
By Frank HolmesIf you followed some of my posts from two years ago, you might recall that I was in favor of Brexit. I still am. One of British voters' main grievances was the heavy burden of European Union (EU) regulations, many of which are decided by unelected bureaucrats in Brussels. Altogether, these regulations cost U.K. businesses an estimated 33.3 billion pounds every year. Voters should...Read More
- Gold Krugerrand coin worth $1,200 put in charity kettle - this time in Alaska- Mystery Salvation Army gold donors keep giving Gold Krugerrands- Gold, like pounds, euros and dollars can be used for good or ill- Give the gift of gold in this the Season of Kindness Gold Krugerrands (1 oz) being used for goodSalvation Army staff in Alaska got a big surprise while counting change from their red ke...Read More
Source: Michael J. Ballanger for Streetwise Reports 12/11/2018Precious metals expert Michael Ballanger discusses the role of silver historically as well as recent moves in the market.Could there have ever been constructed four finer sentences strung together for the purpose of defining eight items related to money and social standing than the following?"Gold is the money of kings. Silver is th...Read More
Minera Alamos (TSXV: MAI) just received $2 million in early funding in connection with a royalty agreement through the execution of a secured senior convertible-to-loan agreement with Osisko Gold Royalties (TSX: OR).In a media statement, the Toronto-based miner said the loan may be converted into a 1% NSR on the La Fortuna gold project pursuant to the Royalty Option Agreement entered into with Osi...Read More
Minera Alamos (TSXV: MAI) just received $2 million in early funding in connection with a royalty agreement through the execution of a secured senior convertible-to-loan agreement with Osisko Gold Royalties (TSX: OR).In a media statement, the Toronto-based miner said the loan may be converted into a 1% NSR on the La Fortuna gold project pursuant to the Royalty Option Agreement entered into with Osi...Read More
Silver breached 1-month highs on Wednesday with Gold also at 5-month highs on expectation of fewer rate rises in the United States in 2019. Meanwhile oil rose 2% above $53 per barrel supported by an industry report that showed a drop in U.S. crude inventories, a cut in Libyan exports and an OPEC-led deal to trim output. Where are commodity prices heading next? Watch Phil...Read More
A resurgent tech sector helped power the NasdaqWall Street enjoyed a positive session, as the Dow finished nearly 160 points higher thanks to optimism surrounding U.S.-China trade talks. The blue-chip index traded up over 450 points at its session highs, after reports indicated China was prepared to undergo massive changes to its trade policy, including allowing greater access to international com...Read More
A Bloomberg report points to a potential merger between Germany's two biggest lendersDeutsche Bank AG (NYSE:DB) is near the top of the New York Stock Exchange (NYSE), after a Bloomberg report suggested the German government is actively pursuing a merger between the German lender and its rival Commerzbank. The article said efforts to marry Frankfurt's two biggest lenders include changing existing l...Read More
A sample of visible gold from the Granada gold mine. (Image: Granada Gold Mine)QUEBEC - SGS Canada has delivered an updated mineral resource of the Granada gold property near Rouyn-Noranda. Owner Granada Gold Mine, headquartered in Rouyn-Noranda, was also supplied with a revised block model for the entire area.Pit constrained measured and indicated resources are 22.4 million tonnes grading 1.13 g/...Read More
Toronto-based Power Ore (CVE: PORE) plans to buy the Opemiska copper complex from Explorateurs-Innovateurs de Quebec(Ex-In), a privately owned company. The property - consisting of the historic Springer and Perry mines and the mill - was operated by Falconbridge from 1953 to 1991. The two mines yielded 23 million tonnes of ore grading 2.4% copper and 0.3 g/t gold.The Opemiska complex is adjace...Read More
A provision in the new farm bill will make industrial hemp legalStocks are extending their impressive gains this afternoon on heightened hopes of a trade deal between the U.S. and China. Three individual names to watch are retailer Lowe's Companies, Inc. (NYSE:LOW), CBD drink specialist New Age Beverages Corp (NASDAQ:NBEV), and Chinese car sales concern Uxin Ltd (NASDAQ:UXIN). We'll dig into the n...Read More