Gold’s rally was just stopped by theresistance provided by its previous high and its 60-week moving average. Willgold now reverse? Theabove chart features gold prices in terms of weekly candlesticks. As you cansee, it just approached its August high. Andgold failed to move above it. Last week, I wrote:Theresistance is provided by the weekly closing prices, and since the current weekends toda...Read More
Here’s how to make sense of thedifferent figures reported by the Energy Information Administration (EIA).Macroeconomics From a macroeconomic point of view, the US dollar index (DXY or USDX) has maintained its downward trend within its recent regressionchannel, probably still eyeing the next quarterly S2 pivot just located at the$100 mark. U.S. Dollar Currency Index (DXY), dailychartAs we wil...Read More
Dolly Varden Silver Corp. is taking stock of more than 37,000m drilled in 108 holes at its massive Dolly Varden and Homestake Ridge projects in British Columbia.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) has drilled more than 37,000 meters in 108 holes at its massive Dolly Varden and Homestake Ridge Golden Triangle projects, and according to some analysts, all that exploration is paying off...Read More
MiningStockEducation.com, Released on 12/7/22Professional Trader Gareth Soloway of InTheMoneyStocks.com shares his outlook for 2023 and where he expects to find the best trades. Gareth has over 20 years of trading experience and is the Chief Market Strategist at InTheMoneyStocks.com. Since 2007, Gareth has maintained an over 80% success rate on swing trade alerts (verified 300+ trades per year) gi...Read More
Expat Money Show, Released on 12/7/22*Listen to today's conversation with Marc Faber about the possibility of war between China and Taiwan. What are his predictions, and what are they willing to do regarding money and war?*Do the Taiwanese people want conflict? Or is it that the US likes to provoke conflict?*Where do you hold your assets? Marc shares his basic allocation and the percentage for eac...Read More
Hedgeye, Released on 12/7/22Join Hedgeye CEO Keith McCullough and iconoclastic provocateur and bestselling author Jim Rickards for this special investing discussion on HedgeyeTV on Wednesday, December 7th at 11am ET.They'll discuss Jim's forthcoming book, "Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy." As always, Jim and Keith will d...Read More
YouTube/PeterSchiff, Released on 12/7/22 (Recorded on 12/6/22) ? Weakening economy will expand inflation ? Bitcoin is building a trapdoor, not a bottom. ? Jobs under Biden were returned, not created.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific...Read More
Jay Taylor Media, Released on 12/7/22Michael Oliver shares his latest views on the precious metals markets and other key markets and where they may be headed.J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Co...Read More
Zero Hedge, Released on 12/7/22On Wednesday Russian President Vladimir Putin gave a wide-ranging public war update during a televised session of his Human Rights Council, which at least one independent regional outlet said wasContinue... Putin: Risk Of Nuclear War "Rising" added by Herman James on 12/07/2022View all posts by Herman James ?+'Read More
The Daily Gold, Released on 12/7/22Precious Metals traded up to the resistance levels we noted a week ago but reversed lower to start the week. Continue... Key Levels for Gold & Silver Into 2023 added by Herman James on 12/07/2022View all posts by Herman James ?+'Read More
Fox News, Released on 12/7/22Tucker Carlson: "Zelensky is a dangerous authoritarian who has used $100 billion in US tax dollars to erect a one-party police state in Ukraine." pic.twitter.com/YqW3Tdd5K8- Citizen Free Press (@CitizenFreePres) December 8, 2022 Tucker Carlson: 'Zelensky is a dangerous authoritarian who has used $100 billion in US tax dollars to erect a one-party police state in Ukrain...Read More
Silver Bullion TV, Released on 12/7/22SBTV spoke with Keith Weiner, Founder and CEO of Monetary Metals, about why gold is the best money and why the yield curve inversion in Treasury yields point to a collapse of credit demand.00:00 Introduction01:41 Chip's in the Fed's casino03:14 Gold, the economic constant08:04 Why bitcoin cannot be money11:09 What is money?15:51 The CBDC digital dollar21:37 Fa...Read More
Liberty and Finance, Released on 12/7/22 (Recorded on 12/5/22)Natural resource investment guru and former CEO of Sprott Asset Management, Rick Rule, returns to Liberty and Finance to issue a warning that we have exhausted the decades of grace periods neglecting vital improvements to our nation's water supply, and now face crippling costs and political barriers to insure sufficient clean water for...Read More
Blockworks Macro, Released on 12/7/22Professor Keen joins the show to debunk the myth of government deficits by walking through the biggest misconceptions in the mechanics of money, government spending and private vs public sector deficits. Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticizing neoclassical economics as inconsistent...Read More
New York Post, Released on 12/7/22"ChatGPT is scary good. We are not far from dangerously strong AI," Elon Musk, an early investor in OpenAI, the company behind ChatGPT, tweeted this week.Continue... 'Scary' AI ChatGPT could eliminate Google within 2 years added by Herman James on 12/08/2022View all posts by Herman James ?+'Read More
Mish Talk, Released on 12/7/22It will add to inflation and bigger budgets. Who doesn't want that? Continue... Mish Shedlock: Biden Imposes Strict Climate Change Mandates on the Pentagon added by Herman James on 12/08/2022View all posts by Herman James ?+'Read More
Unreported Truth, Released on 12/7/22Doctors at Duke University, where Yulia has been awaiting a kidney transplant, have told her parents they will not give her a new kidney unless she is vaccinated against Covid - even though Yulia Continue... Duke University surgeons are refusing a 14-year-old girl a kidney transplant because she has not received the Covid shot added by Herman James on 12/08/202...Read More
The invalidations of breakouts andbreakdowns are strong signals in the opposite direction, and we just saw themthroughout the market – also in gold. The gold price has recently invalidated its small breakout above the 38.2% Fibonacciretracement level, which is a strong bearish sign. If it was just gold where wesaw this kind of performance, we could say it was by chance.However, since we saw...Read More
Daily Caller, Released on 12/7/22The Biden administration on Wednesday announced a new proposed rule that will prevent new or newly renovated federal buildings from being powered by fossil fuels by 2030.Continue... Biden to ban fossil fuel energy use in new Federal buildings added by Herman James on 12/09/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 12/7/22There has been a surge in credit card usage by US households, a troubling sign suggesting that in lieu Continue... Credit Card Debt Hits All-Time High Just As US Savings Rate Plummets To 17-Year Low Due To Soaring Prices added by Herman James on 12/09/2022View all posts by Herman James ?+'Read More