Emerging geopolitical risks coupled with fears that global economic growth will slow sharply during 2019 makes now the time for investors to bolster their exposure to gold. The yellow metal has long been considered an incorruptible store of value and the ultimate safe-haven asset making it a key investment that investors can use to hedge against economic and political crises. One gold miner that h...Read More
A Kazatomprom uranium operation. Source: National Atomic Company Kazatomprom JSC.National Atomic Co. Kazatomprom JSC, the world's largest uranium producer, has secured investor support to list 15% of its shares in London this month, sources have told the Financial Times of London.The Kazakh company is aiming to raise up to US$600 million in the listing, which would value the uranium producer at US...Read More
Capstone Mining's Cozamin Mine in Mexico. Source: Capstone Mining Corp.Capstone Mining Corp. [CS-TSX] on Thursday November 8 made reductions to its organizational structure, including changes to its senior executive team. Capstone said the move is designed to improve financial and operating performance by further empowering mine general managers and their teams to deliver profitable, safe and sust...Read More
For months I've been telling you...Something big is going to happen in Michigan on November 6th.And it did.Two nights ago, the good people of Michigan voted to legalize the adult use of cannabis.This means any adult over the age of 21 will soon be able to purchase, grow, or consume cannabis without a prescription from a doctor.Although the Michigan legalization vote didn't create as much of a buzz...Read More
CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25% The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More
By RambusTonight I would like to update some of the charts we've been following for some of the SPX that had a wild October to say the least. For whatever reasons October has a lot of volatility which can lead to some important lows and in a few cases a crash which is rare. This past October shaped up similar to many of the previous Octobers we've seen since the bull market began in 2009.This we...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let's read our article and find out! We will also explain what the election results imply for the world and the gold market. Democrats Win The elections were very interesting. We provide you with the key takeaways, focusing on the possible implications for the precious metals. First, Democrats took control...Read More
In today's update we look at yet another 'Punch and Judy' American election farce which once again ignored the 'Elephant in the room' - the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis.We briefly look at the outcome of the elections, how markets have reacted in the short term and more importantly the long term outlook for markets and the dollarWe ex...Read More
TOPICS IN THIS INTERVIEW:01:15 Crushed pensions and crushed millennials06:35 Working with Donald Trump, is the media accurate?10:30 Fake economy, fake wealth and fake assets14:15 The liability of overpriced real estate16:15 What happens when Mommy & Daddy lose their job and pension?17:35 Can being a millionaire make you happy?Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
The races are so razer-thin showing that the nation is deeply divided that we are still waiting on some seats to be declared - namely three in the Senate. This is extremely Continue...Read More
This midterm election season seems like it lasted forever. There was certainly no shortage of ads, media dissections of every sound bite they could get their hands on and more than enough negativity to go around.Continue...Read More
A lot of people seem to have already forgotten about last month's big market sell-off. But if you're still worried about October's market sell-off, you should know that the largest bank in the U.S., JPMorgan Chase, isn't.Continue...Read More
Well, the election turned out close to what was predicted. The Democrats took over the house, but by a modest margin. The Republicans picked up at least two and likely three senate seats, making their control there more solid.Continue...Read More
James Kwantes profiles a long-time, stable silver producer with growingdeposits in Mexico and a "call option" on high-grade gold in Canada. Long before Hollywood directors made it a favored setting for westerns. . .before Pancho Villa rose from the poverty of a hacienda there to become an important Revolutionary general. . .the Mexican state of Durango was a major center for global silver product...Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal's prospects are changing. Silver continues to be a singularly neglected and unloved investment, and has been for years now, but as we will proceed to see, this is not a situation that is likely to continue for much longer. On its 10-year chart we can see that silver has basically been moving sideways marking out a l...Read More
CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25% The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More
The precious metals sector continues to be viewed with disdain, posits technical analyst Clive Maund, who discusses the factors that he sees are behind changes in the market. The precious metals sector continues to be viewed with disdain and skepticism by the vast majority of investors, which is exactly what you want and expect to see at the earliest stages of a major bull market. However, the cha...Read More