Last month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing – a case of "great minds thinking along similar lines"?Please take time to read or review that Money Metals Exchange Post of August 28.I made the case of a misalignment in the prec...Read More
Trump is going to influence the US monetary policy or even to destroy the Fed’s independence. This is what many analysts say after the recent President’s comments. But are they right? We invite you to read our careful examination of Trump’s remarks about the Fed’s policy and find out what does it imply for the independence of the US central bank and the gold market. Trump...Read More
On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine?Draghi Says That We Shouldn’t WorryLet’s start with the latest ECB’s monetary policy statement and the following Draghi’s press conference. In short, th...Read More
Last month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing – a case of "great minds thinking along similar lines"?Please take time to read or review that Money Metals Exchange Post of August 28.I made the case of a misalignment in the prec...Read More
LONDON, 2 November 2018 - Comment from BullionVault features today in the latest gold-price update from leading US finance site MarketWatch.Faced with "such uncertainty" around the US mid-term elections and next week's Federal Reserve policy meeting, "gold is taking a pause after its best winning streak since January," the report quotes BullionVault director of research Adrian Ash, pointing to gol...Read More
LONDON, 2 November 2018 - BullionVault is named today by iNews as a way UK savers and investors should think about preparing for March 2019's Brexit from the European Union.Website of newspaper the i, which has a daily circulation of over a quarter-million copies, "Like it or not, Brexit is coming," says iNews.Looking at cash and foreign currency, global markets, infrastructure, wine and crypto-cu...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
This free e-book offers options basics for any trader.It's essential for every trader to occasionally take a step back, and consider their long-term trading goals.Some traders aretrying to fund a child's college education, augment their own retirement, or leave the daily 9-to-5 grind once and for all, while others are seeking a way to smooth out crazy market volatility and whipsaw swings in their...Read More
In our latest video update, we consider the performance of markets in a volatile October. Stock markets globally fell sharply while gold acted as a hedge in all currencies, rising 1.7% in dollars, 4.4% in euro terms and 4.2% in sterling terms.Stocks Fall Sharply in OctoberThe S&P 500 is just short of a 10% decline from its record September high and remains on pace for the worst month since 2009....Read More
Global gold demand was steady in Q3 2018 at 964 tonnes (t), up just 6t year-on-year according to the World Gold Council’s latest Gold Demand Trends report. Robust central bank buying and a 13% rise in consumer demand offset large outflows in gold-backed exchange-traded funds (ETFs). Lower gold prices saw retail investors take refuge in bars and coins, while jewellery purchases increased in I...Read More
Both gold and silver had a stellar performance today, moving sharply to higher pricing as the net result of both dollar weakness and market participants bidding up these precious metals. As of 3:15 PM Eastern standard time, gold futures are trading up $21.40 (+1.76%), and silver is up 3.38% (+ $ 0.473). Currently, the most active December Comex gold contract is fixed at $1,236.30, and silver futur...Read More
The world's fastest-growing vertically integrated global cannabis company could net investors a huge return in the months to come.The worldwide trend toward marijuana legalization has triggered a wave of growth opportunities for investors around the globe.Beyond the explosive Canadian market - this diversified cannabis operator maintains production, processing, and distribution facilities worldwid...Read More
Oil prices fell to a nearly seven-month low as supply ramped upStocks rallied again today, with the Dow and Nasdaq both notching a third straight triple-digit gain. Upbeat earnings from DowDuPont (DWDP) drove the Dow higher, and traders applauded an encouraging tweet on trade talks with China from President Donald Trump. The S&P also extended its winning streaks to three days, continuing to chip a...Read More
NEW YORK (Reuters) - World equity markets began November with a broad rally on Thursday after a brutal October, boosted by strong corporate earnings and signs that a trade war between economic giants, China and the United States, could be contained.The MSCI All-Country World Index, which tracks stock markets in 47 countries, climbed about 1.1 percent.October was the index’s worst month since...Read More
ADEN (Reuters) - The Saudi-backed Yemeni government said on Thursday it was ready to work on confidence-building measures under U.N.-led peace efforts as the United States pressed for an end to a war that has pushed Yemen to the brink of starvation.Saudi Arabia and the United Arab Emirates, who are leading a coalition fighting Yemen’s Iranian-aligned Houthi insurgents in a conflict that has...Read More
All eyes will be on Fed Chair Jerome Powell and the latest FOMC statement this ThursdayThe first full trading week of November is set to be a lively one for stocks. Earnings season remains in full swing, with quarterly reports due out from the likes of Dow stock Walt Disney Co (NYSE:DIS), online marketplace Etsy Inc. (NASDAQ:ETSY), dating app service Match Group Inc (NASDAQ:MTCH), and a number of...Read More
Amid a lackluster gold market, Central banks' demand for gold remains robust, and overall consumer market demand is up 13%, a World Gold Council report on Q3 demand trends released today has revealed.The World Gold Council found that gold demand reached 964.3 tonnes in Q3, which was 6.2 tonnes higher year-over-year. Central bank buying reached a three year high in September, and emerging marke...Read More
WASHINGTON (Reuters) - The chair of the House Financial Services Committee says he is still hopeful the Senate will vote on a bill that would make it easier for companies to raise capital and go public, despite a growing likelihood the legislation has stalled in the upper chamber.In a statement to Reuters on Thursday, Texas Representative Jeb Hensarling said, without offering a date, he had &ldquo...Read More
(Reuters) - Twenty-First Century Fox Inc (FOXA.O) Executive Chairman Lachlan Murdoch said Thursday it is still an “open question” whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co (DIS.N) in July as part of a $71 billion deal.Speaking at the New York Times Co’s (NYT.N) DealBook conference in New York, Murdoch, who will...Read More
(Kitco News) - The U.S. dollar and economic growth can’t keep going up indefinitely and next year will be the time for a slowdown, according to one French bank, which is bullish on gold and silver in 2019.“We are bullish on gold prices, mainly due to our expectations of a weaker dollar in 2019. We think that the weaker currency and macroeconomic environment will be the main driver behi...Read More