This midterm election season seems like it lasted forever. There was certainly no shortage of ads, media dissections of every sound bite they could get their hands on and more than enough negativity to go around.Continue...Read More
A lot of people seem to have already forgotten about last month's big market sell-off. But if you're still worried about October's market sell-off, you should know that the largest bank in the U.S., JPMorgan Chase, isn't.Continue...Read More
Well, the election turned out close to what was predicted. The Democrats took over the house, but by a modest margin. The Republicans picked up at least two and likely three senate seats, making their control there more solid.Continue...Read More
James Kwantes profiles a long-time, stable silver producer with growingdeposits in Mexico and a "call option" on high-grade gold in Canada. Long before Hollywood directors made it a favored setting for westerns. . .before Pancho Villa rose from the poverty of a hacienda there to become an important Revolutionary general. . .the Mexican state of Durango was a major center for global silver product...Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal's prospects are changing. Silver continues to be a singularly neglected and unloved investment, and has been for years now, but as we will proceed to see, this is not a situation that is likely to continue for much longer. On its 10-year chart we can see that silver has basically been moving sideways marking out a l...Read More
CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25% The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More
The precious metals sector continues to be viewed with disdain, posits technical analyst Clive Maund, who discusses the factors that he sees are behind changes in the market. The precious metals sector continues to be viewed with disdain and skepticism by the vast majority of investors, which is exactly what you want and expect to see at the earliest stages of a major bull market. However, the cha...Read More
Technical analyst Clive Maund tracks movements in the platinum, gold and silver markets.It was a very good day for the metals Friday, as they rose sharply in response to the dollar going into reverse after a sizable run-up. A very significant development was that platinum broke out of its Head-and-Shoulders bottom on strong volume, a move which we had expected that marks the start of a bull market...Read More
Gold is the metalof kings, the ultimate money, an eternal store of value, an untarnishableembodiment of beauty. Gold is all those things. But it is not the most valuablemetal you can own on a cost-per-ounce basis.Often, platinum commands a higher price than gold.Lately, platinum has traded at an abnormally large discount to the yellowmetal. Metals investorswho want to hold the most concentrated we...Read More
CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25% The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More
CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25% The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More
By RambusTonight I would like to update some of the charts we've been following for some of the SPX that had a wild October to say the least. For whatever reasons October has a lot of volatility which can lead to some important lows and in a few cases a crash which is rare. This past October shaped up similar to many of the previous Octobers we've seen since the bull market began in 2009.This we...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let's read our article and find out! We will also explain what the election results imply for the world and the gold market. Democrats Win The elections were very interesting. We provide you with the key takeaways, focusing on the possible implications for the precious metals. First, Democrats took control...Read More
In today's update we look at yet another 'Punch and Judy' American election farce which once again ignored the 'Elephant in the room' - the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis.We briefly look at the outcome of the elections, how markets have reacted in the short term and more importantly the long term outlook for markets and the dollarWe ex...Read More
This midterm election season seems like it lasted forever. There was certainly no shortage of ads, media dissections of every sound bite they could get their hands on and more than enough negativity to go around.We all know the outcome. The Democrats took the House, while Republicans kept control of the Senate and even expanded their majority.That means even though the Democrats won the House, the...Read More
A lot of people seem to have already forgotten about last month's big market sell-off. But if you're still worried about October's market sell-off, you should know that the largest bank in the U.S., JPMorgan Chase, isn't.In fact, strategists at the mega-bank believe October's market correction was driven mostly by technical factors and should reverse as earnings season progresses. Earnings season...Read More
According to retail experts, November is now the new retail boom month as more people start to do their Christmas shopping online.The shift happened in 2016 when, for the first time ever, November retail sales outpaced December. The trend continued last year with November sales climbing 1.3%, while December was down 0.6%.Shopping events like Black Friday, Singles Day and Cyber Monday are big drive...Read More
Early gains on Wall Street fizzled and sent global stocks lower last week after reports that the U.S. is planning an additional $257 billion worth of tariffs on Chinese goods if upcoming talks between Presidents Donald Trump and Xi Jinping fail to end a trade war between two of the world's largest economies.Many stock indexes are already in official correction territory-meaning down 10% from recen...Read More
Nov 09, 2018 Guest(s): Marin Katusa Chairman, Katusa Research Gold miners have suffered of late, owing in part to poor capital allocation choices from management, said Marin Katusa, chairman of Katusa Research. "I've known David Garofalo [CEO of Goldcorp], and they announced today they're doing a massive buyback of shares. They've had a horrible quarter...they've been such poor allocators of cap...Read More