The empty branches in the trees, the cold winter wind, and snow in the driveway can only mean one thing: football playoffs.I'll duly admit to being a fair-weather fan. If the Mighty Ravens aren't in the annual tournament, I'm not that interested.But they were this year, and how they played has something to say about how winners invest.Football, like the stock market, is a game of matchups. The Rav...Read More
You know the old saying...Money talks, bullshit walks.And nowhere is this more evident than in the legal cannabis space.Earlier this week, New York Senator Chuck Schumer rolled out the red carpet for a Canadian-based cannabis company that could soon end up investing up to $150 million in the Empire State's legal hemp market.That company is Canopy Growth Corporation (NYSE: CGC)(TSX: WEED), and if t...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell on Monday, coming off a strong week for U.S. equities. The Dow last week rose 2.4%, the S&P 500 gained 2.5%, and the Nasdaq finished 3.5% higher. Citigroup Inc (C) rose 3.95% after the bank posted fourth-quarter adjusted profit that beat analysts' estimates but...Read More
Investing.com - Gold prices edged up on Monday in Asia while the U.S. dollar was little changed as investors await further news on additional rate hikes in the coming months.Gold futures edged up 0.2% at $1,292.25 on the Comex division of the New York Mercantile Exchange by 1:09 AM ET (06:09 GMT).The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.07% to...Read More
Bob Moriarty ArchivesJan 15, 2019Anaconda continues to drill their high grade Goldboro deposit. The company just announced a 78.07 g/t gold intercept over 1.1 meters. To show it wasn’t just a fluke they also reported a 32.42 g/t Au intercept over 2.6 meters. It’s a saddle reef style deposit and you can expect a lot of similar grades and intercepts.Investors yawned as the shares soared...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.com Jan 15, 2019“Some analysts believe China could deliver 2 trillion yuan ($296.21 billion) worth of cuts in taxes and fees, and allow local governments to issue another 2 trillion yuan in special bonds largely used to fund key projects.” - CNBC News, Jan 15, 2019. China’s...Read More
CloseGain/LossGold $1289.20-$2.40Silver$15.57-$0.06XAU69.37-2.50%HUI153.07-2.68%GDM576.85-1.64%JSE Gold1345.05-31.18USD95.93+0.33Euro114.12-0.58Yen92.36-0.05Oil$52.11+$1.6010-Year2.718%+0.011T-Bond145.3125-0.09375Dow24065.59+0.65%Nasdaq7023.83+1.71%S&P2610.30+1.07% The Metals: Gold dipped $4 to $1287.60 at about 5AM EST before it rose to as high as $1294.70 by midmorning...Read More
By Ira EpsteinMetals stall, but hold overall gains as US Dollar rallies sharply.https://www.iraepstein.com/ Read More
By Craig HemkeFor each of the past several years, we've written January posts that helped to serve as a road map for the year ahead. Though crystal ball gazing is an inexact science, on balance we've done a pretty good job with these forecasts. As 2019 dawns, we thought we should give it another try today. Let's begin with where we've been... After the election of Trump in November 2016, a narra...Read More
Graceland Updates By Stewart Thomson 1. "Some analysts believe China could deliver 2 trillion yuan ($296.21 billion) worth of cuts in taxes and fees, and allow local governments to issue another 2 trillion yuan in special bonds largely used to fund key projects." - CNBC News, Jan 15, 2019.2. China's economy is likely to grow in the 6.2%-6.5% range for 2019 and the stimulus is inflat...Read More
By James AndersonEvery 50 years or so over the last century and a half of time, free market forces have eventually given the US government a full gold accounting by her Official US Gold Reserves.On this website we have covered in much detail the last 2 times gold accounted for outstanding US dollars (e.g. gold vs dollars).We along with many of our customers fully expect similar occurrences to co...Read More
Fiat paper money: Once gold and silver derivatives Today, instruments of debt issued by central banks After the 2008 financial crisis, Fed Chairman Ben Bernanke invoked Milton Friedman's theory that a helicopter drop of money could prevent a collapsing credit bubble from becoming a Great Depression.When credit bubbles burst, defaulting debt and disappearing demand cause the velocity of money...Read More
By Frank HolmesSummary:An update to the Periodic Table of Commodity Returns.Goldman Sachs issues an overweight recommendation for gold and commodities.Paradigm Capital says royalty companies are the "best bet" in metals and mining.Our ever-popular Periodic Table of Commodity Returns has been updated for 2018 and is now available on the U.S. Global Investors website! I invite you to get lost usin...Read More
By Steve St. AngeloInvestors should prepare for crazy and turbulent markets in 2019. As the correction in the broader markets picks up speed and heads much lower, investor worry will start to turn into fear. At this point, the precious metals will likely disconnect from the markets and move higher as investors move into gold and silver to protect wealth.I discuss this in my newest video upda...Read More
By Clint SiegnerThe two largest private producers of bullion bars and rounds in the U.S. have gone defunct over the past two years. Premiums for silver bars and rounds are already on the rise as markets adjust to the lack of supply.Two major mints have blown upin the past two years.At present, demand for these products is manageable. A surge in buying activity, however, could lead to serious dif...Read More
My Two CentsAndy Sutton / Graham Mehl Liquidity is becoming of central importance once again. It is frequently mentioned in mainstream media articles, interviews, and 'educational' programs. It was a central point of discussion during the financial market blowout in 2008. The killing off of a little-known (until it was dead!) data series earlier this year by the not-so-USFed has gotten the...Read More
By George SmithThe paper money that funded the American Revolution led to post-war grievances, the most well-known of which was Shays's Rebellion in backcountry Massachusetts. For years after the war the Boston legislature imposed taxes, falling mainly on those least able to pay, for the full payment in specie of the highly-depreciated notes called Continentals held mostly by well-to-do legi...Read More
Federal government shutdown drags into its fourth week. Will it boost gold prices? US Government Shuts Down, Again Could you imagine life without a government? Now, you can. The federal government has been shut down since December 22nd, 2018. The government shutdown does not, of course, imply that the whole government is closed. Only non-essential discretionary federal programs and agencies c...Read More
The 'true fundamentals' began shifting in gold's favour in October of last year and by early-December the fundamental backdrop was gold-bullish for the first time in almost a year. However, there is not yet confirmation of a new gold bull market from the most reliable indicator of gold's major trend. I'm referring to the fact that the gold/SPX ratio is yet to achieve a weekly close above its 200...Read More
- Turbulent markets and Brexit mean it is essential to consider safer options like gold- You need to take some risk in a portfolio - cash, gold and planning are essential- To build a financial fortune & long-term wealth one must diversify assets & own gold- "Physical gold (bars & coins) can be bought from an online bullion dealer -the likes of Goldcore" writes Jeff Prestridge for This Is Money...Read More