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
It’s been a volatile week in the markets.On Monday, Aug. 5, the Dow Jones Industrial Average lost more than 1,000 points, and the S&P 500 dropped 3%, resulting in the worst day for both indexes since September 2022. The sell-off was blamed on factors ranging from worries about the economy and the slow response from the Federal Reserve, regarding interest rate cuts, to the unwind of...Read More
A “Minsky Moment” refers to a point in time when a period of bullish speculation leads to a spectacular market crash.Named after economist Hyman Minsky, the theory centers around the inherent instability of stock markets. “Minsky held that, over a prolonged period of prosperity, investors take on more and more risk, until lending exceeds what borrowers can pay off from their inco...Read More
The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentalsI don’t make a habit of pumping the most frustrating stock sector on the planet just for the sake of it. I have made a habit of discussing why, since 2003, the macro market backdrop has been adversarial to gold stocks much more often than not. By extension, internal indicators...Read More
The gold miners willsoon report what will almost certainly prove their best quarter ever. Mostly due to Q2’s record-shattering goldprices, gold miners’ earnings should soar off the charts. Those will be further boosted by slightly-lowermining costs many of these companies are predicting. With such incredibly-strong fundamentals,more professional fund managers should s...Read More
The PCE Index statisticswere released today, and you might wonder what impact they will have on theprice of gold.Let’s dig in.One might think that PCE is a criticaldriver of gold prices (and thus, you might be concerned with what the number isgoing to be), and there is some truth to it, but looking at how those reportshave indeed influenced gold price provides extra context to what...Read More
The gold miners’ stocks have been grinding lower for a month now, sapping traders’ enthusiasm.But this is par for the gold-summer-doldrums course, what typically happens in June.This sentiment-rebalancing drift is quite bullish for this high-potential sector, reloading it for another strong surge higher.With their probable mid-summer bottoming nearing, traders have a mid-upleg opportun...Read More
Did today’s decline in gold surpriseyou? It shouldn’t – during Thursday’s rally, gold moved to two resistancelines.And I sent out a special Alert indicatingthat this was actually a shorting opportunity. That’s my second position ingold in years, and we closed the previous one (it was a long position)profitably in April this year. The Beginning of aBigger MoveAnd let m...Read More
Bitcoin was heralded as the new gold.But the “old” gold ultimately managed to move above its 2021 highs, while the“new” gold didn’t.Gold didn’t disappear; they both coexist,and they both have a strong anti-dollar vibe.Questioning Bitcoin'sRallyBut… Could it be the case thatbitcoin’s rally is over? It hasn’t moved to new highs after all, despit...Read More
During the Great Depression, both silver(1931) and the Dow (1932) reached a significant low. Both have rallied significantlysince then. However, the structure of the rallies was very different.To date, the Dow has significantlyoutperformed silver since those lows. The Dow increased 988-fold from the lowto the all-time high, whereas silver has only increased 179-fold from the lowto the all-time hig...Read More
The US dollar is on the brink of a majormeltdown. This is apparent based on fundamental and technicalanalysis. Over the last 5 years, the US dollar has sustained somemajor damage through policy without losing much value against other fiat currencies.In other words, the market has not yettaken into account the true (debased) state of the US dollar, but it will soon.Since the US dollar is probably t...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EST.S&P 500 futures recovered 2 points following release of January U.S. Retail Sales at 8:30 AM EST. Consensus called for s 0.2% drop versus a gain of 0.4% in December. Actual was a 0.9% drop. Excluding auto sales, consensus was a 0.3% drop versus a 0.4% gain in December. Actual was a 0.4% dro...Read More
A constant stream of Boeing 737s packed full of gold are flying into America.Much of the bullion is coming from London, where the Bank of England (BoE) is having some... issues delivering its customers' gold.BoE is a major gold depository which claims to hold more than 5,000 metric tonnes of gold in its underground vaults. The precious metal is held for both central banks and commercial groups.But...Read More
Jim Rickards' best-selling 2011 book, Currency Wars, was prophetic.He painted a stark picture of the flaws in the modern paper monetary system, warning that "a new crisis of confidence in the dollar is on its way."Although the U.S. dollar has been strong against most other paper currencies for years, it has weakened dramatically against gold.Most people think of gold as a derivative of the U.S. do...Read More
Kenorland Minerals CEO Zach Flood describes the proven gold discovery machine he and his team have developed over the past ...Read More
Dive into Kinross Gold Corporation's (KGC) remarkable Q4 2024 earnings, where the gold major achieved near-perfect guidance ...Read More
Discover why Agnico Eagle Mines (AEM) continues to dominate the gold sector with its impressive Q4 2024 results, featuring ...Read More
In this interview with Michael Williams, Chairman and Director of Aftermath Silver Ltd. (TSXV: AAG), we explore the current state of ...Read More
Always be the first to know Subscribe to our newsletter: https://tinyurl.com/2p9dzavj 0:00 Intro 0:13 Gold bulls triumph as metal ...Read More