Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome back David Smith, Senior Analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, it's been too long. How are you my friend?David Smith: I'm very good. It's been a while since we've spoken Mike, and I'm really looking forward to chatting with you again.Mike Gleason: Well, David, the vola...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Part one is available here.Part one discussed the "what" and "why" of unpayable debt, an inevitable "reset" or the end of the current financial world. Part two addresses when.REVIEW FROM PART ONE:A risk/reward analysis for 2018 202? points toward gold and silver, not stocks, bonds, corporate debt, student loans or m...Read More
Gold rallied yesterday, right before its turning point, and reversed its course before the end of the session. Precisely, even before the US session started. Miners reversed as well, after failing to move back above the late-2016 bottom. With the critical situation in the USD Index, and gold miners' short-term underperformance (so far this week gold is up by $8.10, while the HUI Index is down by...Read More
By Avi GilburtWell, after calling for market tops weekly for the last three years while the market rallied from 1800 to 2940 (that is a 64% gain), the bears are now high-fiving themselves for "catching the top."Yes, many of them certainly caught the top with their weekly top calls after having missed the last 64% rally. But who's counting?In fact, I saw reports of how emergency rooms nationwide...Read More
By Steve St. AngeloWhile the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt. Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry still spends more than it makes. When we add up all the negative factors weighing down the shale oil industry, it should be no surprise th...Read More
By Frank HolmesAs many of you reading this know, I'm what you would call a Tex-Can. I was born and raised in Canada, but I've called Texas home for nearly 30 years. I can't picture U.S. Global Investors headquartered anywhere else, even after traveling to all parts of the country and, indeed, the world. Texas just "gets it," which is why I think CNBC recently named the $1.6 trillion economy the...Read More
- Palladium prices surge to an all-time nominal high over $1,150/oz- Russia is one of the top producers and growing tensions with the U.S. may result in a "supply crunch"- Palladium is widely used in the automotive industry and is experiencing significant demand and a "supply crunch"- Deep supply deficits in palladium are predicted by Citigroup and other analysts (see Bloomberg table)- Gold an...Read More
CloseGain/LossGold $1232.60+$2.50Silver$14.67-$0.06XAU68.04-2.10%HUI152.65-1.75%GDM552.92-0.94%JSE Gold1210.21-17.80USD96.37+0.44Euro113.98-0.73Yen89.00-0.14Oil$66.82+$0.3910-Year3.104%-0.066T-Bond139.09375+0.90625Dow24583.42-2.41%Nasdaq7108.40-4.43%S&P2656.10-3.09% The Metals: Gold gained $3.20 to $1233.30 in Asia before it dropped back to $1225.70 by a little after 8AM...Read More
Gold and silver need to rise after tomorrow's European central bank meeting and Friday's third quarter GDP numbers due to zoom. I am against new short term investment in gold unless it trades over $1245.80 on Friday after the release of US GDP numbers. Long term, gold is still an excellent investment even at the current price of $1235. Asian prices of gold are near an all-time high. Buyers in As...Read More
Full Article: Buckle Up For A Golden RideBy: Stewart ThomsonOct 23, 2018Is gold bullion, the "Queen of Assets", breaking out to the upside from a beautiful pennant formation?For the likely answer to that interesting and potentially enriching question, please click here now. Double-click to enlarge this daily gold chart.Full Article: Buckle Up For A Golden RideBy: Stewart ThomsonDisclaimer (C) 2...Read More
The gold price has been rising over the past month, driven by investors seeking safe-haven assets as the stock market sells off sharply. On the technical chart, we can see a bottoming pattern followed by a price spike higher. I am now looking for gold to break above resistance at $1,240, which was support twice in the past year. Major support levels often turn into resistance on the charts and ove...Read More
Source: Stockcharts.com, Financial Sense (R) Wealth Management. Past performance is no guarantee of future results. All indexes are unmanaged and cannot be invested into directly Speaking on Financial Sense Newshour October 20th, Frank Barbera told listeners that we are possibly witnessing the formation of bullmarket top. Here's what he had to say before the big drop this week. Consider...Read More
Can you borrow money to buy stock? From a bank, no. But there are alternate ways to obtain funds for investing in stocks.You may hear from time to time that banks do not loan money for stock trading. That may be, but it doesn't mean you can't borrow money to invest in the stock market.Once you get enough experience and education, your friends and family may want you to invest their money to help t...Read More
Ever wish you got a “do-over” when it comes to your investment decisions?I know a lot of people who remember the financial crisis and wish to god they could go back in time. Because if you invested in the market at the end of the 2008 crisis - and held through the 10-year bull market that followed - your returns would be tremendous!Unfortunately, you can’t go back in time and inv...Read More
Calgary, Alberta (October 24, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to provide an update on the Kena-Daylight and Toughnut gold properties, located near Nelson in the highly prospective Kootenay Boundary region of southeastern British Columbia. The region, which includes the Greenwood area, has been established since...Read More
Oct 25, 2018 Guest(s): Andrew Hecht Author, Hecht Commodity Report Silver has the best potential for growth of all the metals, according to Andrew Hecht, author of the Hecht Commodities Report. Hecht noted that the gold-silver ratio is at the highest level since 1993, and while the white metal has been a laggard to its gold counterpart lately, it has the potential to see sudden moves. "Silver is...Read More
Everyone wants to know whether this stock market sell-off is a buying opportunity or the first move in a long-term downtrend. Swiss investor Marc Faber joins Silver Doctors with a word of caution.Faber doubts the majority of stocks will make new highs. In the next two years, many investors will not make money in equities, he says. The Fed will likely try to prop up the market through more accommod...Read More
Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperformed the com...Read More
Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Tim...Read More
Part 1 (part 2 below)Part 2Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the marke...Read More