By: Arkadiusz Sieron In the previous edition of the Market Overview we wrote that "geopolitical risks clearly won with a hawkish Fed in a tug of war in the gold market" at the turn of March and April, as the yellow metal gained about 7 percent from mid-March to mid-April. However, the price of gold declined about 4.8 percent until May 9 when it started its rebound. As the chart below shows, at...Read More
By Frank HolmesWith the U.S. dollar taking another hit last Friday on a weaker-than-expected jobs report, gold closed up 1.12 percent for the day today. A Bloomberg gauge of 72 junior miners, however, has lost 15 percent since the end of January, and the rebalance of the VanEck Vectors Junior Gold Miner ETF (GDXJ), which I previously wrote about, is also having a depressing effect on many gold n...Read More
Tuesday's feisty rally exceeded the 1296.40 rally target we'd been using by a relatively modest $2.40, but because the pattern associated with the target is so clear, even as small an overshoot as occurred will have bullish implications going forward. Accordingly, I'll suggest using the pattern shown (see inset), with a 1314.50 target that should be familiar to you. It is a logical minimum upsid...Read More
- Gold prices break 6 year down trend on safe haven demand (see charts)- Chinese gold demand set to surge 50% to 1,000 metric tonnes- Chinese demand for gold bars on track to surge more than 60 percent in 2017- Geopolitical risk internationally leading to safe haven demand- UK election, terrorism and rising tensions in Middle East supporting gold after attacks in London and attacks in Iran toda...Read More
Gold Today -New York closed at $1,293.80 yesterday after closing at $1,279.60 Monday. London opened at $1,292.65 today. Overall the dollar was slightly weaker against global currencies, early today. Before London's opening: - The $: EUR was slightly weaker at $1.1254 after yesterday's $1.1246: EUR1.- The Dollar index was slightly weaker at 96.68 afte...Read More
It seems all terror attacks in democratic nations happen before an election. I rarely find any terrorist attack after an election. I am confident that once UK and German elections are over, Europe will not see terror attacks for quite a long time. In Europe or the UK all terrorists were known to the law enforcement agencies and still they slept. It is very easy to radicalize anyone these days. G...Read More
Full Article: SWOT Analysis: Trump Probes Boost Gold's Safe-Haven DemandBy: Frank HolmesStrengthsThe best performing precious metal for the week was palladium, up 6.17 percent. Consumer demand is rising for gasoline- versus diesel-engine powered vehicles, yet automobile sales have started to relax in recent months. According to Bloomberg, gold bulls outnumber gold bears this week as Trump probe...Read More
Full Article: If You Want To Get Rich, Own Gold - Rich Dad, Poor Dad's KiyosakiBy: Daniela Cambone(Kitco News) - Gold is a wealth attractor, this according to Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad, who uses the metal to boost his net worth."If I want $10,000 a month, I hold $10,000 in gold; gold is an attractor and people need to understand that if you buy more gold, your...Read More
GOLD AND SILVER HELD IN CHECK BY THE BANKERS: GOLD DOWN $4.30 AND SILVER DOWN 9 CENTS BUT THEN THEY WERE WHACKED IN THE ACCESS MARKET: FOR THE 4TH CONSECUTIVE DAY THE AMOUNT OF SILVER STANDING AT THE COMEX IN JUNE INCREASED!/SPAIN'S BANCO POPULAR FAILS AND A BAIL IN IS ORCHESTRATED: JUNIOR BOND HOLDERS AND CO CO BONDHOLDERS WIPED OUT/NOT SURE ABOUT DEPOSITORS/SAUDI ARABIA GIVES QATAR A 24 HR ULTI...Read More
Although it may not "feel" like it, the price of gold has been in a nice - albeit "controlled" - uptrend since late December:From PM Fund Manager Dave Kranzler:(1-year daily, Comex continuous futures contract):Gold is up over 12% since 12/22/16. By comparison, the SPX is up 7% and the Dow Jones Industrials index is up 6%. AAPL is responsible for 13% of the SPX move higher and 25% of the Dow move...Read More
Podcast: Play in new window | DownloadAre GOLD-BACKED Cryptos About to BURN the Dollar TO THE GROUND? Hat Trick Letter Editor Jim Willie says cryptocurrency technology will replace the dollar.Willie sees gold-backed cryptocurrencies soon to be released.At that time, you can say goodbye to the U.S. dollar and U.S. Treasury bonds...Subscribe for Free to the SD YouTube Channel On Sale At SD Bullion...Read More
Something is Brewing Beneath the Surface of the Gold and Silver Markets...Read More
It's starting to look like the month of June could be a serious "barnburner"... Submitted by Stewart Thomson, Graceland Updates:Gold is the world's ultimate asset, and another spectacular week is underway for investors.While May was mostly sideways (and lower for many gold stocks), it's starting to look like the month of June could be a serious "barnburner".Gold tends to stage a decent rally in t...Read More
TORONTO, June 7, 2017 /CNW/ - U3O8 Corp. (TSX: UWE), (OTCQB: UWEFF) ("U3O8 Corp." or the "Company") is pleased to announce that, as part of the capital restructuring spearheaded by the proposed share consolidation to be voted upon at the Annual and Special Meeting to be held on June 22, 2017, it has reached agreement with a shareholder to reprice and accelerate an aggregate total of 19.3 millio...Read More
VANCOUVER, June 7, 2017 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, NYSE: NXE) is pleased to report radioactivity results for the final sixteen holes of the winter 2017 drilling program at our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Southwest Gap Step Out Drilling in A3 to A5 Shears: Significant off-scale radioactivity continues to be encountered in the ga...Read More
"Instead of buying low and selling high, you're buying high and crossing your fingers." Bill Gross is the Lead Portfolio Manager of the Janus Global Unconstrained Bond strategy and is a member of the Janus Global Macro Fixed Income leadership team. Mr. Gross also serves as an integral member of the Janus Capital Group Global Allocation Committee focused on the expansion of their global asset alloc...Read More
Former presidential candidate Ron Paul on the Trump administration's push to replace ObamaCare.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
Imagine working for seven years to build a community food forest. It would be a very fulfilling project to take a neighborhood and transform it into a living food source full of fruit trees, luscious vines, and edible ground cover.And imagine all your hard work being torn away in an instant by the city council.Literally torn away; what would you be thinking and feeling as they sent landscaping cre...Read More
Cordoba Minerals Corp. is focused on high grade copper-gold mineralization in Colombia with Robert Friedland.To see more videos like this one go to www.b-tv.com.Read More