Rates continue to rise, though stocks remain oblivious. The yield on the 10-Year US Treasury continues to soar, with a confirmed breakout from its 10-year downtrend.Now, cynics would ask, "why does this matter? The yield is at the same level as it was in 2009, 2010, 2011, 2013, and 2014."It matters because throughout this time period, corporates and governments were adding debt.Corporations added...Read More
Full Article: 'Nobody Is Afraid of Anything Right Now'By: Rick RuleGold will do well this year but is not on a verge of a breakout, says Rick Rule, CEO of Sprott U.S. Holdings."Confidence in too many things is too high," Rule told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "gold does well when people are afraid of other stuff." Rule is more upbeat on gold miner...Read More
Strengths ?The best performing metal this week was silver, up 1.68 percent. Gold traders remain bullish on the yellow metal for a third week on sustained dollar weakness, according to the Bloomberg weekly survey. The gold price heads toward its highest since August 2016, soaring above $1,350 this week. ?Australia will be opening its first gold-backed ETF, the Perth Mint Gold ETF Trust, which see...Read More
Source: Jack Chan for Streetwise Reports 01/29/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. -->Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal.Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal.Short-term signals can...Read More
Rates continue to rise, though stocks remain oblivious. The yield on the 10-Year US Treasury continues to soar, with a confirmed breakout from its 10-year downtrend.Now, cynics would ask, "why does this matter? The yield is at the same level as it was in 2009, 2010, 2011, 2013, and 2014."It matters because throughout this time period, corporates and governments were adding debt.Corporations added...Read More
Mike Gleason: Jim, you're a very well-traveled individual who has his finger on the pulse of what's going on, not just here in the states, but around the world. I know you were just in Europe. Is complacency an issue all over the globe or is it just a Western World thing or an American thing? What are people thinking and doing in other parts of the world? I know that's a pretty broad question, but...Read More
By Frank HolmesStrengths? The best performing metal this week was silver, up 1.68 percent. Gold traders remain bullish on the yellow metal for a third week on sustained dollar weakness, according to the Bloomberg weekly survey. The gold price heads toward its highest since August 2016, soaring above $1,350 this week.? Australia will be opening its first gold-bac...Read More
Ever wondered what $40 million in sunken gold looks like? Well, the world's greatest lost treasure is going on display next month.Continue...Read More
Rates continue to rise, though stocks remain oblivious.The yield on the 10-Year US Treasury continues to soar, with a confirmed breakout from its 10-year downtrend.Now, cynics would ask, "why does this matter? The yield is at the same level as it was in 2009, 2010, 2011, 2013, and 2014."It matters because throughout this time period, corporates and governments were adding debt.Corporations added $...Read More
On Monday morning we reported that a number of traders - currently or formerly employed by UBS, HSBC and Deutsche Continue...Read More
Dear Friend of GATA and Gold:Our friend P.C. writes:"As a long-time GATA follower, I fully subscribe to the understanding that markets generally, and particularly the precious metal markets, are controlled to keep international exchange and trade 'stable' and maintain 'Western' market wealth. But I have a question you may be able to answer."If the major players in the futures and paper markets are...Read More
By Graham SummersRates continue to rise, though stocks remain oblivious. The yield on the 10-Year US Treasury continues to soar, with a confirmed breakout from its 10-year downtrend.Now, cynics would ask, "why does this matter? The yield is at the same level as it was in 2009, 2010, 2011, 2013, and 2014."It matters because throughout this time period, corporates and governments were adding debt....Read More
Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - A new surge of buying has moved ahead the forecast for an intermediate term top.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the...Read More
The changes to US taxes that were approved late last year have drawn acclaim and criticism, but in most cases both those who view the tax changes positively and those who view the tax changes negatively are missing two important points.Most criticism of the tax changes boils down to one of three issues. The first is that the tax cuts favour the rich. This is true, but any meaningful tax cut wil...Read More
To say that gold's weekly volume was big is like to say that snails are not the fastest animal. You can't say that it's a lie, but it doesn't really convey the entire truth, either. Gold's weekly volume was highest EVER. Yes, ever. There was not a single week - not ever during the 2011 top or when gold declined in 2008 - when gold moved on volume that was higher than what we saw last week. Is t...Read More
The FOMC meeting and US January nonfarm payrolls will be the key. The US economy will see a rise in consumer spending as bonuses rise due to Trump's tax and trickle down effects. If the Federal Reserve is aggressive then we might just see a March interest rate hike. The US dollar is oversold. Any positive news can result in the US dollar paring most of January's losses and even gain. Bubbles hap...Read More
Peter KrauthGold prices are nearing a two-year high, and I didn't think that would be possible this early in 2018…But the key driver of rising gold prices continues to be the sinking dollar, and the Trump administration's mixed signals on the dollar are helping push it down.Here's what I mean…The U.S. Dollar Index (DXY) fell down to 90 on Tuesday, just before U.S. Treasury Secretary St...Read More
Gold prices have risen 5% in the last six weeks, breaking $1,350 an ounce for the first time since June 2016.Money Morning Resource Specialist Peter Krauth says this recent rise is the beginning of a breakout for the precious metal, one that has massive profit potential for the individual investor.Peter's enthusiasm has given us our gold price prediction for 2018. According to Peter, gains of near...Read More
Justin's note: Today, I'm featuring a new interview with Doug Casey and Crisis Investing editor Nick Giambruno on one of the top money-making opportunities in 2018: uranium.Continue...Read More
By Ira EpsteinMetal markets pull back in a consolidation manner in front of Tuesday night's State of the Union speech and Wednesday's FOMC Announcement.https://www.iraepstein.com/ Read More