Paulson owned 4.36 million shares in bullion-backed ETFBridgewater Associates added to its stake in SPDR GoldBillionaire hedge-fund manager John Paulson maintained his holding last quarter in SPDR Gold Shares, before prices of the metal capped the biggest annual gain in seven years.John PaulsonPhotographer: Rick Maiman/BloombergAs of Dec. 31, New York-based Paulson & Co. kept his sta...Read More
CloseGain/LossOn WeekGold $1348.70-$4.70+2.58%Silver$16.68-$0.20+2.21%XAU83.23-2.63%+6.23%HUI184.95-2.33%+5.96%GDM631.75-2.20%+5.84%JSE Gold1204.14+7.09+6.38%USD89.15+0.57-1.42%Euro124.12-0.90+1.42%Yen94.00-0.27+2.07%Oil$61.68+$0.34+4.19%10-Year2.871%-0.031+0.56%Bond144.28125+0.28125+0.39%Dow25219.38+0.08%+4.25%Nasdaq7239.47-0.23%+5.31%S&P2732.22+0.04%+4.30% The Metals: Gold gained $8.30 t...Read More
As a general rule, the most successful man in life is the man who has the best informationBy Richard (Rick) MillsThe stock market pullback of the last couple of weeks has shown that markets are jittery, and will likely be volatile for awhile as investors keep a vigil on rising bond yields (inflation) and potential interest rate hikes. In these uncertain times, one sector that appears to be holdi...Read More
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More
It's mid-winter, which means millions of high school seniors are winding up their childhoods and planning for what comes next. For many this next stage is college. But in yet another example of how we baby boomers have rigged the system in our favor at the expense of pretty much everyone else, student loans - barely necessary when most boomers graduated 40 years ago - have become a life-defining...Read More
Topics:The U.S. Debt BombInflationDerivativesThe POWELL PUTJim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war gam...Read More
By Nathan McDonaldOver the past month, we have heard a growing roar of dissent and fear as people within the United States and around the financial world worried about a rapidly approaching deadline. A deadline, that if reached, would spell disaster for all! This deadline self-imposed by Congress is an artificial ceiling put in place to reign in the controls of big government and keep it in chec...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort251,86076,25464,242150,847345,383466,949485,879Change from Prior Reporting Period -21,968-6,6973,685-7,803-18,718-26,086-21,730Traders17279744461251183 Small Speculators LongShortOpen Interest 44,79625,866511,745 2,510-1,846-23,576 non reportable positionsChange from the previous...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking d...Read More
By U.S. Global InvestorsChinese New Year, also known as Lunar New Year, is a festival celebrated at the turn of the lunisolar Chinese calendar for 15 days until the next full moon. During this period many people are off work, visit extended family, clean their homes thoroughly and surround themselves with lucky symbols for good fortune in the coming year.Discover more about how the Chinese New Y...Read More
By Gary ChristensonThis article and another were written for Miles Franklin. Read them here and here. Since this article was written in early January stock indices have bubbled higher. Some analysts have dreamed of a "melt-up" for stock markets. Regardless, bubbles crash eventually.The DollarThe Dollar Index dropped from 102.28 on December 30, 2016 to 91.82 on December 29, 2017, and further to 8...Read More
By Dave KranzlerThe Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is "high powered" money, meaning it can be leveraged 10x (banks need to hold 10% in reserves against "high powered" money. $11 billion is $110 billion of leverage for the banks to u...Read More
"The review process has also raised questions about whether the proposed ownership structure will allow the commission to exercise sufficient oversight of the exchange," Continue...Read More
The gold miners’ stocksweathered the recent stock-market plunge really well. As evident in their leading GDX ETF, theywere already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX,forcing it even lower. Nevertheless, nomajor technical damage was done. GDXremained well within its consolidation trend channel and is still wi...Read More
By Rory HallHaving a subscription to TFMetals Report is truly awesome. The knowledge that flows through that site, even on the free side, is truly remarkable. I was reading what Craig had to say about gold and silver making that huge move on Wednesday Feb 14, as I wasn't really able to find anything to support these "moon shots" that happened soon after the COMEX opened but of course, Mr. Hemke...Read More
By Avi GilburtWe have been here several times before over the last year. The market has bottomed, provided us with a strong rally, but has failed to confirm the major break out for which we have been looking. As I noted over the weekend, the 144-minute silver chart has been quite prescient in identifying turns in this market. And, it has still not yet failed us. But, the question is what...Read More
Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar. Gold in USD – 10 Years – (GoldCore)U.S. producer prices accelerated in January, boosted by strong rises ...Read More
Volatility has come storming back.Just look at the CBOE Volatility Index (VIX), which measures how volatile investors expect the market to be over the next 30 days.Continue...Read More