Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Founder and Chief Market Strategist of The Technical Traders Chris Vermeulen shared his views on various markets and precious metals. Stock Market - Sector rotation into the Dow and Transport Index doing well. It's flock not a shift. Stuck under the 50 day moving average. Small caps and Dow are holding up well vis-a-vis the Nasdaq. Where can you go and find value? There's so much money searching f...Read More
0:00?EUR< - The case for both gold and crypto2:29?EUR< - Rising yields4:28?EUR< - Yields and Bitcoin8:05?EUR< - "Love Trade"9:00?EUR< - Metals miners vs crypto minersYields cannot rise "hyperbolically" forever, and within the next 30 days they should mean revert, creating a very bullish environment for risk assets, said Frank Holmes, CEO of U.S. Global Investors. "The [10-year Treasury yield] has...Read More
Jason Hartman is the Founder of Platinum Properties Investor Network, Inc. and serves as its Chief Executive Officer. Mr. Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property...Read More
"The pandemic is still with us, but the world economy needs to be restarted and people-to-people exchanges resumed with no more delays."Continue...Read More
Phantom threats including "QAnon Inauguration Day" are being used to continue an occupation around the centre of governmentContinue...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
1. This morning, the major stock indexes are bouncing sharply higher. Today's move is being led by the tech heavy NASDAQ Composite and NASDAQ-100 over 3 percent. Tech has been oversold a bit, so today it is the best performer. It should be noted that tech was down by 2.5% yesterday, so it is only regaining what it lost yesterday. I still think tech heads lower after a short term bounce. Chart reco...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Divers in the Philippines have discovered single use face masks and other PPE covering precious coral reefs and being consumed by marine life as the impact of lockdown takes its toll on the environment.Continue...Read More
It's time for Jeff Gundlach to regale DoubleLine fund investors and assorted hangers on with his views of the economy, the stock market and everything else. The title of the latest webcast isContinue...Read More
"The United States is in no rush to lift sanctions, but we need to recognize here that unilateral sanctions over the last four years have not succeeded in achieving an electoral outcome in the country."Continue...Read More
After bumbling through a public appearance last week - at one point mumbling "What am I doing here?" while forgetting the names of key Continue...Read More
We analyze Gold's historical cup and handle patterns and historical corrections in bull markets and apply those to the current market. In time, there will be a better idea of which path Gold is following. For now, history projects the next impulsive advance could begin at the end of this year or sometime next year.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Tech...Read More
Import prices for steel rebar and billet in the United Arab Emirates have increased this week but local rebar prices fell because producers gave discounts, sources told Fastmarkets on Tuesday March 9.The country's steel producers were offering rebar at 2,530-2,545 dirhams ($689-693) per tonne ex-works.Local demand for rebar was limited during the week, because of a lack of new projects. Rebar deal...Read More
China's domestic rebar prices dropped on Tuesday March 9 due to trading houses' demand for destocking and the futures' price loss, sources said.DomesticEastern China (Shanghai): 4,700-4,720 yuan ($721-724) per tonne, down by 40 yuan per tonneSales volume did not climb up too much in early March, compared to late February, due to the frequent price changes and the bad weather so trading houses' reb...Read More
McAlinden Research Partners explains why it believes copper is on the upswing, noting banks are becoming "more bullish on the red metal." Summary: Copper futures recently touched a decade high as key investment banks openly declared a "supercycle," raising their price targets through 2022. Net positions in copper are their longest since December, copper miners' cash flows are climbing, and stockp...Read More
Brien Lundin, editor of Gold Newsletter, highlights two junior miners, explaining why he sees Westhaven Gold as one of the breakout gold exploration stories of the next phase of the gold market, and why the targets outlined on Silver Viper's La Virginia project provide significant blue-sky upside to the company's story. In a precious metals bull market like the one I see returning in full force t...Read More
Technical analyst Clive Maund takes a look at the factors behind gold's price decline and what's in store for the metal. We start this update with the latest version of Larry's amazing gold chart. As Larry states..."Gold touched $1683.00 on Friday. Real close to touching the phantom outside possibility line.To me this means the final moment of truth should be revealed in the next week. Huge water...Read More
Here are five Fastmarkets stories you might have missed on Monday March 8 that are worth another look.The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.With...Read More
Folks, it seems that gold has formedan interim bottom, and a short-term corrective upswing is now likely, beforethe medium-term downtrend resumes.Any further declines from this point arenot likely to be significant for the short-term. The same applies to silver andthe miners.In yesterday’s(Mar. 4) intraday Gold & Silver Trading Alert , I describedbriefly why I think that the very short-t...Read More