Precious metals expert Michael Ballanger discusses the bullish set-up for gold and why he believes this time is different. For the first time in months, Fido the Wonder Dog has been in my office and at the foot of my bed 24/7 for the past few days giving me great solace that the current advance in precious metals prices is here to stay. Gone are his nervous tics every time my chair squeaks or whe...Read More

 CloseGain/LossGold $1223.80-$1.10Silver$14.63-$0.03XAU69.86-0.35%HUI155.23-0.06%GDM554.76-0.52%JSE Gold1190.39-23.73USD95.58+0.52Euro115.05-0.76Yen89.35-0.03Oil$69.75-$2.1710-Year3.191%+0.034T-Bond137.90625-0.59375Dow25706.68-0.36%Nasdaq7642.70-0.04%S&P2809.21-0.03%  The Metals: Gold dipped $4.20 to $1220.70 in Asia before it climbed up to $1229.50 by late morning in New Y...Read More

Technical analyst Clive Maund charts silver and discusses the factors that he believes will lead silver upward.Unlike gold and precious metals stocks, silver did not break out strongly on Thursday – although it rose, it did not break out at all, nor was volume exceptional, as we can see on its latest 6-month chart below. However, this is not a cause for concern, because in the early stages o...Read More

Technical analyst Clive Maund uses charts to explain why he believes the gold bear market is over. Thursday was a momentous day for the precious metals sector with gold, GDX and other índices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stock market was crashing. This is viewed as a str...Read More

Theoil price is rising due to the upcoming restrictions on the sale of Iranian oil- the second of a two-part set of sanctions imposed on the Middle Eastern powerfollowing the Trump Administration’s decision in May to withdraw from the Irannuclear agreement, known formally as the Joint Comprehensive Plan of Action (JCPA).Sanctions lifted under the Obama Administration were re-imposed. Trumpsa...Read More

 CloseGain/LossGold $1223.80-$1.10Silver$14.63-$0.03XAU69.86-0.35%HUI155.23-0.06%GDM554.76-0.52%JSE Gold1190.39-23.73USD95.58+0.52Euro115.05-0.76Yen89.35-0.03Oil$69.75-$2.1710-Year3.191%+0.034T-Bond137.90625-0.59375Dow25706.68-0.36%Nasdaq7642.70-0.04%S&P2809.21-0.03%  The Metals: Gold dipped $4.20 to $1220.70 in Asia before it climbed up to $1229.50 by late morning in New Y...Read More

 CloseGain/LossGold $1223.80-$1.10Silver$14.63-$0.03XAU69.86-0.35%HUI155.23-0.06%GDM554.76-0.52%JSE Gold1190.39-23.73USD95.58+0.52Euro115.05-0.76Yen89.35-0.03Oil$69.75-$2.1710-Year3.191%+0.034T-Bond137.90625-0.59375Dow25706.68-0.36%Nasdaq7642.70-0.04%S&P2809.21-0.03%  The Metals: Gold dipped $4.20 to $1220.70 in Asia before it climbed up to $1229.50 by late morning in New Y...Read More

By Ira EpsteinGold gives ground to Fed Minutes.https://www.iraepstein.com/ Read More

The Bank for International Settlements has just published its September statement of account, giving summary information on its use of gold swaps and other gold-related derivatives in that month: https://www.bis.org/banking/balsheet/statofacc180930.pdf The information provided in BIS monthly statements is not sufficient to calculate a precise amount of gold-related derivatives, including swaps...Read More

By Frank HolmesYou've likely seen the reports: A whopping 44 percent of Americans wouldn't be able to afford a $400 emergency expense without borrowing it or selling something. That's according to the Federal Reserve's findings in 2017. And earlier this year, financial services firm Bankrate reported that only 39 percent of Americans would be able to pay off an unexpected expense of $1,000 from...Read More

I chimed in on the capriciousness of copper in the late spring (Mercenary Musing, May 28, 2018). Since then, copper prices hit a 3.5 year high at $3.29/lb in early June but then lagged over the summer months. Weakness continues unabated with Friday's close at $2.86 equating to a 13% loss from its ephemeral high in June: The downtick has occurred despite strong fundamentals: ?...Read More

By Stefan GleasonIs the Trump agenda in peril? It's a question investors should consider ahead of the mid-term elections.Up to now, the Trump economic agenda has certainly been great for Wall Street and much of the broader economy. The Dow Jones Industrials continues to defy all naysayers - notching yet another new record high in the first week of October before correcting.Meanwhile, the latest...Read More

Ah, Saudi Arabia, land of heat and contradictions. One day they're jailing women's rights activists for wanting to drive, the next day they're dismembering still-living Washington Post journalists. And yet they can count the world's capitalist democracies as friends, because today's dysfunctional economic/geopolitical system depends on both Saudi oil and Saudi willingness to help keep their (app...Read More

By Craig Hemke The mainstream media is shocked today to report that the U.S. federal deficit increased to $779B in fiscal 2018. This despite the fact that all of this was projected back in February. And we wrote about it back in February too. Here's the link: https://www.sprottmoney.com/Blog/total-us-debt-and... It was back then that the Office of Management and Budget first proposed that the t...Read More

Gold miners completed the inverse head-and-shoulders pattern - it's now a fact. And many analysts would have one believe that it's the only fact that matters right now or that it's of major importance. But just like focusing on one tree can make one miss the entire forest behind it, the above could make the entire precious metals outlook appear different than it really is. There are multiple fac...Read More

- "Large challenges loom for the global economy to prevent a second Great Depression" warn IMF- Massive government debts and eroded fiscal buffers since 2008 suggest global dominos await a single market crash- 2008 crisis measures cast long, dark "terrifying" shadowby William Pesek via Asia TimesIs another "Great Depression" on the horizon?It would be easier to dismiss these words from Nourie...Read More

Thinking North is a Canadian brain trust specializing in different genres of investments with the goal of finding select opportunities. We connect the brightest entrepreneurial talent with the financial community. Our investment network consists of angel investors, venture capitalists,financial executives, and business owners."The topic of this event is Trend Investing. If you are in the Toront...Read More

Full Article: Trillions in US net worth vulnerable to recession: IMFBy: WASHINGTON (AFP) A severe recession would slash US public wealth by about $5 trillion, causing vastly more damage to Washington's finances than just an increase in debt and deficits, the IMF warned Tuesday.Full Article: Trillions in US net worth vulnerable to recession: IMFBy: WASHINGTON (AFP) Disclaimer (C) 2010 Junior...Read More

RAPAPORT... You don't have to be in China to sell to Chinese people.That's the message from luxury marketing experts, who point out that tourists,students and immigrants from the world's largest fine-jewelry consumer have ahuge impact on the retail sector in Western countries. "The joke in the high-end luxury-goods community is that ifyou want to start a new luxury brand, the place to put it is wh...Read More

RAPAPORT... India's polished-diamond exports fell in September,according to data from the nation's Gem & Jewellery Export PromotionCouncil (GJEPC).Polished exports decreased 11% year on year to $2.37 billionand, by volume, fell 29% to 2.78 billion carats. The average price rose 26% to$851 per carat. Polished imports dropped 7% year on year to $163 million,while net polished exports - the...Read More