By: RambusBelow is the combo chart which has the HUI on top, the UUP in the middle and GLD on the bottom. Everything looks fine.The GDX daily chart shows a nice breakout and backtest to the top rail of the bullish rising wedge and now the door is open for a move higher.Below is the weekly chart for the GDX which shows the breakout starting to gaining some momentum.Below is the weekly chart for...Read More
By: Ira EpsteinMetals roar to the upside - Palladium explodes to the upside. The world wants to inflate:Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/close...Once a central bank crosses a taboo boundary (QE, Negative Rates, using central bank balance sheets etc.) it becomes the standard. But there are other patterns occurring now too. Like the V shaped recovery of the stock markets since the Federal Reserve caved to market pressures. A V shape recovery is not stable and could come...Read More
ASIAN METALS MARKET UPDATEI am not concerned over the rise in gold prices. I was bullish on gold, I am bullish on gold and I will remain bullish on gold. There will be corrections in gold prices. It will not be a one way traffic. What will be the floor price/bottom price if gold prices fall? To me a correction of $100-$125 are a part and parcel of the bull rally in gold. Right now gold should no...Read More
Many elected politicians want socialism in a country founded on capitalism. Congressman Jack Bergman joins Robert to offer an inside look at our political climate. Bergman is a retired three-star general who speaks candidly about his colleagues in Congress, and offers solutions for citizens yearning for improved leadership.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 pe...Read More
Bill Ottman is an Internet entrepreneur and freedom of information activist based, and is also the CEO and co-founder of Minds. http://www.minds.comRead More
Canadian miner Hudbay Minerals (TSE: HBM) has plans to double the annual gold output from the Lalor gold-copper-zinc mine 13 km west of Snow Lake, Manitoba. As part of the plan the New Britannia mill will be refurbished at a cost of $95 million raising Lalor gold output to 140,000 oz. per year.The Lalor mine will then be joining the ranks of primary gold producers as one of the lowest sustaining...Read More
Most investors have heard of the 'Buffet Indicator', a simple but effective way of looking at the size of the stock market compared to the size of the economy. But have you heard of Mike Maloney's 'Market Fragility Index'? It's an extension of the Buffet Indicator that introduces some very important data. Check out this video to see what it is, how it works, and what is warning about right now. Mi...Read More
The US Army Corps of Engineers has released the Draft Environmental Impact Statement (DEIS), as required under the National Environmental Policy Act, for Northern Dynasty's (TSX: NDM; NYSE : NAK) Alaska Pebble project, one of the richest copper-gold deposits ever discovered.The DEIS is an important milestone and positive development for Vancouver-based Northern Dynasty, its subsidiary Pebble Limit...Read More
China has banned millions of people from any number of activities for being labeled as 'untrustworthy' on the country's Orwellian social credit system. Continue...Read More
"It isn't very often a bill at the state Legislature affects so many Arizonan's civil rights in such an onerous manner," Continue...Read More
A deal that would see Barrick Gold Corp. split returns from its Tanzanian unit with the government could have ramifications for its negotiations with other countries, including Papua New Guinea and Democratic Republic of Congo.The Toronto-based miner's long-term license to operate its mine in Papua New Guinea is due for renewal this year. The question is whether officials there, and in other count...Read More
Iranian mills have managed to achieve higher export sales prices in Asia and the Middle East North Africa (Mena) region due to the uptrend in global billet prices and reduced availability of material from the CIS.Fastmarkets' weekly price assessment for Iranian export billet was $390-410 per tonne fob on Wednesday February 20, compared with $400-410 per tonne fob a week earlier.A la...Read More
According to Lior Gantz the US Dollar is on a path of serious decline. More countries are de-dollarizing as China becomes the pre-eminent economy. Out of control deficits are another symptom of the problem. As the appetite for US Treasuries fades, the Fed will be left with no choice but to print up new dollars to finance the deficits. They're boxed in with very limited choices, none of them attrac...Read More
On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More
A Chinese financial and economic crisis has been in the forecasts of many analysts for years, including my own. So far, it has not happened. Does this mean China has solved Continue...Read More
Since the end of QE and the "taper" in October 2014, the Fed has been trying to "normalize" their balance sheet and interest rates. The balance sheet needed to be reduced from Continue...Read More
South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it said on Wednesday, after a review of tax changes in the United States.Sibanye now expects a headline loss per share of 1 cent, compared with 12 cents in 2017The gold and platinum miner's shares fell into negative territory on the news tha...Read More
Several of my so-called friends have been nagging me for years to write something about the basics of investing in resource stocks. I was quite comfortable with whiningContinue...Read More
China's domestic rebar prices dropped on Wednesday April 20 amid sustained weakness in demand. Domestic Eastern China (Shanghai): 3,670-3,700 yuan ($542-547) per tonne, down 30-50 yuan per tonneNorthern China (Beijing): 3,680-3,700 yuan per tonne, down 70-80 yuan per tonneLow temperatures in northern China and rain in the eastern region dampened post-holiday demand, market sources said.This has le...Read More