Continue...Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund manager...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! Wewill also explain what the election results imply for the world and the goldmarket.DemocratsWinThe elections were very interesting. We provide youwith the key takeaways, focusing on the possible implications for the preciousmetals. First, Democrats took control ofthe...Read More
Author Patrick Henningsen is an American writer and global affairs analyst and founder of independent news and analysis site 21st Century Wire, andContinue...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! Wewill also explain what the election results imply for the world and the goldmarket.DemocratsWinThe elections were very interesting. We provide youwith the key takeaways, focusing on the possible implications for the preciousmetals. First, Democrats took control ofthe...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort169,141150,115103,258173,897212,033446,296465,406Change from Prior Reporting Period 387-5,44511,7988,04014,97120,22521,324Traders16593905852269194 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,61529,505494,911 -255-1,35419,970 non reportable positionsChange fr...Read More
Key Gold and Precious Metals News, Commentary and Charts This WeekWith Brexit around the corner and stock markets plunging in October - is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading "online bullion dealer" of physical gold (bars and coins) and informed their readers how "buyers can ask to have it stored, for a charge, or delive...Read More
A December interest rate hike is more or less a done deal. Chances of an interest rate hike in March next year will be high. All in all this is US dollar positive news. Gold and silver new investors will be waiting for more correction. Indian gold demand will be dependent on price trend. Right now the trend for gold price in India is down. The trend of the Indian rupee against the US dollar effe...Read More
Gold's recovery rally from August lows has likely ended and prices could fall back below $1,200 in the coming weeks. Stepping back, prices hit 3.5-month highs above $1,240 on Oct. 26, triggering speculation that the yellow metal is regaining safe-haven appeal. In the last two weeks, however, the bulls repeatedly failed to secure an end of the day close above $1,238.58 – 38.2...Read More
Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More
U.S. stocks tumbled in trading this afternoon with selling pressure a result of multiple factors. After producing respectable gains throughout the week, U.S. equities reacted to two major events, as well. First, market participants reacted to the statement released by the Federal Reserve yesterday from this month's FOMC meeting. Second, data suggested a "hotter-than-expected" reading on producer p...Read More
The DJI couldn't capitalize on strong Disney earningsThe Dow dropped over 200 points today, despite an impressive earnings beat from Walt Disney (DIS). Lackluster data out of China weighed on stocks, and traders also watched as oil prices slipped further into bear market territory. In fact, black gold dropped for a 10th straight session, marking its longest losing streak in over 30 years. Meanwhil...Read More
Mr. Paul Kuhn reportsAVRUPA CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT AND BEGINS DRILLING PROGRAM AT ALVALADE, PORTUGALAvrupa Minerals Ltd. has closed the first tranche of its private placement of $500,000 composed of 10 million units as announced on Oct. 22, 2018.With the closing of this first tranche, Avrupa will begin its 2,500- to 3,000-meter drilling program at the Alvalade copper-zinc VMS Pr...Read More
NEW YORK (Reuters) - The U.S. dollar rose toward a 16-month high against the euro on Friday as falling equity prices spurred a flight to quality and the U.S. Federal Reserve reaffirmed its monetary tightening stance, citing the strong U.S. economy.The S&P 500 fell more than 1 percent, with shares of large technology, industrial and material companies taking a hit as weak Chinese data and a sli...Read More
(Reuters) - Microsoft Corp (MSFT.O) said in a filing late Thursday it had made $1.3 billion in cash payments in connection to its acquisition of coding hosting startup GitHub.Microsoft acquired the company, which developers use to keep track of software code changes as they write applications, in June, in a $7.5 billion deal that was described at the time as an all-stock transaction.But in Nov. 8...Read More
WASHINGTON (Reuters) - China’s top diplomat Yang Jiechi on Friday told reporters that Beijing’s trade war with Washington can be resolved through talks and that any ongoing conflict would hurt both countries as well as the world’s larger economy.U.S.-China trade and economic relations are “critical to the world economy,” Yang said at a news conference with U.S. Secret...Read More
BRISTOL, England (Reuters) - Brexit is distracting Britain’s government and businesses from the longer-term challenges of boosting productivity and living standards, Bank of England Chief Economist Andy Haldane said on Friday.BoE Governor Mark Carney has previously said Britain’s economy has so far probably grown almost 2 percent less than it would have done if voters had backed stayin...Read More
WASHINGTON (Reuters) - President Donald Trump’s appointment of a new acting attorney general faced growing scrutiny on Friday, with the U.S. Senate’s top Democrat accusing him of ignoring the proper line of succession and some legal experts calling it unconstitutional.Trump named Matthew Whitaker to replace former Attorney General Jeff Sessions, who was forced out on Wednesday. The mov...Read More
Ignoring select Vanguard funds can help investors make 226% more than the average Vanguard investor.With more than 180 funds to choose from, most every Vanguard investor needs advice on which funds are best for them to own. Trouble is...Vanguard tells investors to buy funds no one should own, while hiding some of their strongest funds.Wealthy investors are some of the most demanding people out the...Read More
GAZA (Reuters) - A $15 million Qatari cash infusion was paid out to impoverished Palestinian civil servants in the Gaza Strip on Friday, offering Hamas a potential domestic reprieve though Israel said the money would not go to the dominant Islamist group.Hamas’s political rival based in the West Bank, Palestinian President Mahmoud Abbas, has slashed Gaza budgets, beggaring tens of thousands...Read More
WASHINGTON (Reuters) - White House adviser Peter Navarro on Friday lashed out at efforts by current and former Wall Street executives to urge the United States and China to end their trade dispute, calling them “unregistered foreign agents” who were trying to pressure President Donald Trump into a deal.“When these unpaid foreign agents engage in this kind of diplomacy, so-called...Read More