#Gold #demand $XAU $GLD $USD Global demand for gold fell to its lowest mark in 11 yrs in Y 2020 on significant stockpiling by investors and collapsing sales of jewelry. The China Virus chaos transformed the geography of the gold trade, driving gold from Asia to Europe and the US, where investors are the dominant […]
#election #metals #mining #energy #jobs #PresidentTrump $XAU $XAG $GLD $SLV $CU $USO With less than a wk to go before the US Presidential election, there is growing speculation as to what a Joe Biden or President Trump win might mean for metals prices and the mining industry overall. Gold prices have performed well over the […]
#gold #dollar #price $XAU $GLD $XAG $SLV $USD $DXY “Gold and USD have a very special relationship, together they share an inverse relationship.”— Paul Ebeling In other words, the price of gold and USD often head in opposite directions. When the price of USD goes up, gold tends to go down, and when the price […]
#gold #silver #dollars #currencies #risk #Fed #interestrates #USChina $XAU $GLD $XAG $SLV $USD Spot gold topped 1,900oz for the 1st time since September 2011 and edged closer to an all-time high with flaring geopolitical tensions and concern over global growth driving demand for save-haven assets. Gold marked a 7th wkly gainer, the longest run since […]
#gold #miners #WallStreet #investors #risk #C19coronavirus #banks #stimulus $NEM $GOLD Last yr precious-metals miners were seen by Wall Street as too leveraged and high-risk for the typical investor, but they raised $2.4-B in secondary equity offerings during Q-2 of this year. That is the most since Y 2013 and 7X more than the funds they […]
#gold #miners #precious #metals #gold #silver # investors #pattern #coronavirus #bullish $HUI $GDX $RING $SGDM $GDXJ The rising prices of precious metals since March have boosted the mining sector and now we are seeing sharp Northside ticks across many Key mining funds. Here we look at some of them to get an idea of the […]
$USO $UNG $XAU $XAG $CU Thursday, President Trump on Thursday is signed an executive order that gives federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements. The order is billed as a way to “support and accelerate” the economic recovery from the impacts of the C-19 coronavirus chaos and […]
$XAU $KL A quality gold mining stock is an easy entry into the gold market. Kirkland Lake Gold Ltd. (NYSE:KL) is a Canadian HQ’d gold producer with Key operating mines located in Canada and Australia: Detour Lake, Fosterville and Macassa. It also owns and operates the Holt Complex, which includes 3 wholly owned mines and […]
$SLV $XAG $HL $AG $EXK Since mid-March, the response of governments worldwide to the C-19 coronavirus chaos has led to disrupted mining activities worldwide. A total of 32 countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines as of 3 April, though that number has since dropped […]
$GDX $GLD $XAU $GOLD $NEM $USD Gold is regarded as a safe-haven in times of market uncertinty, and it is Money. Investors can gain exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious Yellow metal. Some of the major players in the gold industry include mining companies […]
$GOLD, $BTG, $NEM In times of high volatility, precious metals see increased purchases as investors seek a safe-haven. Gold is the tradition safe-play, the place where savvy investors can put their money and watch it hold its value. With gold in a long term uptrend, stock investors are buying in to and they are doing […]
$GLD, $XAU $GOLD $NEM Thursday, Gold prices spiked after the Trump Fed announced a $2.3-B ‘Big Bang’ lending program to cushion Main Street from disruptions caused by the COVID-19 coronavirus. Gold futures for April delivery climbed 4.25% to over 1,736.20 oz to close at their highest mark since December 2012. In the last 6 wks there have huge […]
$XAU $GLD, $BAR, $XAG $SLV Tuesday, Gold prices marked their largest daily percentage gainer in more than 10 yrs as the precious Yellow metal extended its rally on demand/supply issues and moves by the Fed to address the coronavirus crisis. The Fed announcement Monday “signals there is a new sheriff in town as the Fed […]
$GLD, $SLV, $GXDJ, $XAU, $XAG With Wednesday’s Fed meeting past, precious metals can resume their uptrends. A breakout in gold should extend to challenge $1700+ in March. Gold Breaking Out: Prices are just now breaking free from the January mid-cycle consolidation. Prices should continue higher for another 4-6 wks and challenge 1700+ in March before this 6-month […]
$XAU, $GLD, $GDX, $GDXJ, $SLV After bottoming in November, GDX has underperformed and failed to make new highs while gold spiked above 1600 on geopolitical concerns. The next few days are Key. To maintain the potential for an immediate breakout, miners must hold support and turn higher. Failing to keep this level and closing below […]
$XAU, $GLD, $XAG, $SLV, $USD Gold’s entered a gentle climb North after marking the 12 November lows. It was not until the Thursday before Christmas when prices verified a cyclical breakout. The initial breakout surge is slowing as the precious Yellow metal enters a mid-cycle correction. Key support is between 1520 – 1540. Once completed, […]
$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]
$GOLD, $NEM, $FNV, $WPM, $XAU, Gold is waking up into year’s end, and so are gold stocks. With stocks booming in Q-4, demand for precious metals has ebbed a bit. But, gold and gold stocks are seeing massive money inflows too. Shares of the world’s Top gold miners are breaching resistance are returning to uptrending […]
$XAU, $GLD, $USD, $XAG, $SLV The following is a deep dive into past Gold’s Price History by James Anderson who begins with a gold price chart covering more than the last 700 years. Leading into the USD price of gold since the 1776 founding of the United States of America (USA) through the post-1971 fully fiat […]
$GLD $XAU Wealthy people are stocking up on physical gold: bullion, coins and bars, according to a recent note from Goldman Sachs. As a result investors who are Bullish on gold say it’s the precious Yellow metal’s moment to shine. “I think gold’s going to $2,500, $3,000 an ounce in the 2020s because the climate—the […]
$GLD $XAU, $SLV, $XAG, $USD Macro events stalled the rally in Gold over the past 2 months. Now, it appears Gold is set up for another rally pushing much higher. Gold broke down from a Bull Market in Ys 2012/2013, that is nearly 7 years ago. Now, Gold has broken resistance near 1375 and is technically […]
$GLD, $XAU, $AGGFF The Dutch Central Bank recently argued in an article that if there were to be a major monetary reset, “gold stock can serve as a basis” to rebuild the global monetary system. Investor Ray Dalio recently cautioned attendees at the Institute for International Finance conference when he mentioned the possibility of a […]
$GOLD, $NEM, $GDX, $SPY, In times of stock market uncertainty, investors often turn to gold as a safe haven. They also can invest in the precious Yellow metal by buying shares of gold stocks, which include mining and related companies that focus on production. Some of the Top gold mining operations include companies like Barrick Gold […]
$XAU, $SLV, $GLD, $GOLD, $CPNFF, $NEM, $KL, $RIO, $WPM, $CG After 1 of the most geopolitically charged years in recent memory, gold is now set to soar Prices began to bounce back in Y 2019, and as trade wars and conflict in the Middle East took hold, investors started racing back to their favorite safe haven […]
$XAU, $XAG, $GLD, $SLV Central banks around the world are buying gold in near-record amounts to shore up their financial positions before the next crisis occurs. Most investors understand that gold plays a valuable role in a sound investment portfolio, but unless you are already a gold investor you likely do not know of best […]
$XAU, $GLD, $GOLD, $NEM, $USD Emerging markets have/are adding to gold holdings, undeterred by prices near their highest levels in more than 6 years, as countries such as Russia and China diversify their Fx reserves, a trend we believe that is likely to continue. Central bank buying is important to the supply/demand dynamic for the […]
$XAU, $GDX, $GLD, $HL, $NEM, $CDE, $AU, $HMY Tuesday, shares of gold miners were broadly higher in afternoon trading, as worries about escalating US-China trade tensions, data showing a surprise contraction in the US manufacturing sector and uncertainty surrounding BREXIT has helped fuel demand for safe-haven gold. The VanEck Vectors Gold Miners ETF GDX, +1.71% rallied 2.2% with 39 […]
$DIA, $SPY, $QQQ, $RUTX, $GLD, $SLV, $USD, $VXX FlASH: Global Market Uncertainty Means Precious Metals Will Continue To Rise This level of uncertainty in the global markets will prompt a massive move in the precious metals markets as traders and investors continue to put money into precious metals as a means to hedge against fear […]
$XAU, $SRM, $WMP, $CAGDF, $GOLD, $NEM Spot Gold hit new 6-year highs and is trading late Monday at $1,526.89 oz as I write this article. The precious Yellow metal has rallied in Y 2019 in part due to global economic concerns like the US-China trade dispute, record levels of negative-yielding debt globally and signs of […]
$RING, $GDX, $GLD, $SLV Investing in gold and silver miners paid off this month for investors in equity ETF (exchange-traded funds). BlackRock Inc.’s iShares MSCI Global Gold Miners ETF, known as RING returned almost 14% in August, more than any other unleveraged stock fund in the US. Close behind, with gains approaching 13%, are 2 […]
$XAU $GLD $GDX, $GOLD, $NEM, $USD Investor doubts about the economic outlook and especially a Dovish Fed drove a gold price run in 1-H of Y 2019, sparking burst of interest in gold investing and gold stocks. The escalating China trade dispute has provided the fuel since 1 August, and a day earlier, the Fed […]
$XAU, $GLD, $GDX, $GOLD, $NEM, $RGLD After a big letdown from the Fed, it looked like the recent gold price surge would pause to refresh. Then President Trump took to Twitter the next day and escalated the China trade dispute. The price of gold did not just reverse Fed-induced losses but surged 6% over the […]
$XAU, $XAG, $GLD, $GDX, $GOLD, $NEW, $FNV, $AEM, $AU, $RGLD, $KGC, $GFI, $GDX, $GDXJ Investors buy gold for several reasons, but the Key 1 is geopolitical uncertainty, it is a powerful force when it comes to gold demand. With China devaluing its RMB Yuan and halting purchases of US agricultural products in response to President Trump’s additional […]
$GLD, $GDX, $XAU, $USD FLASH: Gold is in Vogue while this new fresh wave of monetary easing blows a bubble in risk assets, aka “always take what the market gives” Note: On 26 July, the European Central Bank (ECB) made an announcement that could have an impact of future gold prices. According to Reuters, European […]
$GOLD, $NEM, $XAU, $GDX, $NUGT, $GLD, $USD FLASH: Gold prices are up, Bullion and Miners are in favor, here is why. Gold prices hit their highest marks since Y 2013 this past week, an indication that investors increasingly view the precious Yellow metal as a good alternative to paper money and government bonds at a […]
$GOLD, $NEM, $XAU, $GDX, $NUGT, $GLD, $USD FLASH: Gold prices have reversed to the Northside in the last several weeks. The SPDR Gold Shares ETF (GLD) gained 8.0% in June, higher than the gainers of 6.4% and 7.1%, respectively, in the S&P 500 and the DJIA. The VanEck Vectors Gold Miners ETF (GDX) amplified the […]
$XAU, $GLD, $GOLD, $NEM, $USD FLASH: The prospects of the Fed cutting interest rates to near Zero this year has gold rallying to 6 year highs. Institutional investors like gold as a hedge against uncertain times, as gold has held value over centuries. The Big Q1: But does it make sense for individual investors? Here […]
$XAU, $XAG, $GLD, $SLV, $GOLD, $MTAFF For millennia man has looked at gold as a store is value. And now when the economy is questionable and when the stock market is volatile, many investors turn to gold as a safe-haven and portfolio insurance. So, if gold is on your mind now, check your goals and long-term […]
$XAU, $GLD, $GOLD, $NEM, $OPYGY, $KGC, $AUY, $MUY, $GFI, $ACMUY, $AEM FLASH: Gold gathered momentum Thursday driving the shares of gold miners higher across the board. Gold for delivery in August, the most active futures contract trading in New York, settled at $1,396.90 oz. Up nearly $50 oz, or 3.6% from Wednesday’s settlement and the […]
$GLD, $XAU, $USD Forbes.com recently published 3 reasons why savvy investors need to always own gold in their portfolios. Essentially, you can never play it too safe when it comes to investing. “Holding an overweight position of an unlevered asset with limited supply such as gold will offer one of the few safe havens for […]
$GLD, $XAU, $USD By Jared Dillan There is a lot of strong feelings about gold. Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries. It was in a bubble 8 years ago that sucked a lot of people in. There were some sketch-ball […]
$PDMDF, $RIO Shares in Petra Diamonds (LON:PDL, OTCMKT:PDMDF) jumped more than 8% Friday after the miner announced it had dug up a 425.1 carat, D-color, Type II gem quality diamond at its iconic Cullinan mine in South Africa. The discovery comes less than a month after Petra found a 100.83 carat gem-quality white diamond at the […]
$HGC1, $CU FLASH: Managed Money Driving Explosion in Copper (CU) Options in Big Bet on Prices A persistent Copper shortage has spurred a 32X explosion in the COMEX options market over the last 2 years as hedge funds and other speculators move to cash in on rising prices. Copper at the close in Chicago Tuesday: […]
FLASH: World’s Gold miners seek merger opportunities $GLD, $GOLD, $CS A move by the world’s biggest gold miners to get bigger adding new vigor to an industry that failed to inspire investor support in Y 2018. The mega-merger mania now under way for Newmont Mining Corp., Barrick Gold (NYSE:GOLD) and Goldcorp will result in some […]
$GLD, $USD, $GOLD FLASH: The Real Story on Gold is the Gold Miners! A growing chorus of big managed money is turning increasingly bullish on miners as late-cycle angst and industry shifts make conditions ripe for a prolonged rally. Mining shares have gained at more than 2X the pace of the precious Yellow metal this […]
$GLD, $SLV, $USD Gold’s supply/demand prospects have caught the eye of 1 billionaire. “For the 1st time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. “Supply is shrinking and that is going to have a positive impact on […]
$GLD, $SLV, $USD, $AAPL Miners see Gold prices moving higher in 2019 December’s holiday cheer is carrying into Y 2019 for Gold-mining companies. A gauge of mining shares is extending gains after its best December since the financial crisis as investors flee to safe-haven assets amid a slump in the broader equities market and a […]
$BTCUSD , $CME, $CBOE The year long digital-asset slump is scaring off institutional money, according to JPMorgan Chase & Co., suggesting a taste for the cryptocurrency markets is fading way. “Participation by financial institutions in Bitcoin trading appears to be fading,” JPM analysts wrote in a research note dated 14 December. “Key flow metrics have downshifted […]
Dow Jones’ Earnings are at Record Highs Vs the Price of Gold $DIA, $SPY, $QQQ, $GLD, $SLV The DJIA is seeing action, on Wednesday, the day after the mid-term elections it advanced by 2.13% from its prior day’s closing price, it was the 4th day of extreme volatility since early October. Everyone was happy about […]
Bitcoin (BTC) Falls, Bringing Down the Entire Cryptocurrency Market $BTCUSD For months, the price of Bitcoin has been hanging around the mid-6,000’s mark. But now, the most popular cryptocurrency has plummeted by 12% over the last day, hitting a value just above 5,500. The total market capitalization for Bitcoin now stands at $96-B, the 1st […]
Looking for a Major Bottom in Gold $GLD, $USD Shayne and I do not believe that the weakness in Gold and gold mining stocks is over, the outlook is that another Southside leg getting underway. Should that happen, we are positioned to profit from it. Long-term investors, traders, and speculators should be aware of the […]
A 2019 Bear Market Event May Trigger a DJIA Move to 40,000 $DIA, $SPY, $QQQ, $RUTX, $MTAFF, $GLGDF, $RGLD, $FNV,$WPM You may recall in January 2016, the DJIA was trading at the 16,000 mark, when Yves Lamoureux, President of macroeconomic research firm Lamoureux & Co., said DIA would top 25,000 within 3-4 years. It did not take […]
Why China is Right to be Wary of Bitcoin (BTC) $BTCUSD China has cracked down on Bitcoin shuttering cryptocurrency exchanges, the Bottom Line The wave of sell orders that hit the US ‘coin’ market on 10 October 10 should not have surprised anyone who watches it carefully, we saw it coming months ago. Bitcoin (BTC) […]
China Has the Power to Destroy Bitcoin (BTC) $BTCUSD A damning new study has suggested China holds threatening influence over Bitcoin (BTC), and perhaps even the ability to attack and ultimately destroy the entire Bitcoin network. Academics from Princeton and Florida International Universities have explored how China “threatens the security, stability, and viability of Bitcoin” […]
Institutional Investors are Quietly Adding Cryptocurrencies to Holdings $BTCUSD, $ETHUSD Institutional investors are becoming more involved in the $220-B cryptocurrency market than many observers may realize. Buyers such as hedge funds have replaced HNWIs (high-net-worth individuals) as the biggest buyers of large lots of digital coins worth more than $100-K through private transactions.. The Big […]
Savvy Investors Are Starting To Buy Gold $GLD, $SLV, $USD. $ABX, $GOLD, $FNV Savvy investors will start stocking up now on gold since roaring inflation is poised to soon ravage global economies, Barron’s reports. “Inflation is starting to pick up in the US and in much of the world as central banks shrink their enormous […]
Let’s Consider Silver’s Very Low Numbers $SLV, $GLD The Devils Metal will bounce right back up in symmetrical proportionally when the short covering begins to happen. Let’s consider silver’s numbers. The 52-wk low in specs’ silver-futures shorts was 41.5-K contracts in mid-September 2017. Getting back there would require an astounding 78.6-K contracts of short-covering buying. […]
Marijuana is the New Gold for Some Canadian Miners $CRON A number of companies that started in the mining or oil and gas sectors that are now part of Canada’s burgeoning marijuana industry has jumped to more than 40. according to an analyst I read Saturday. And almost 50% of the country’s marijuana firms started out […]
Dow Jones Industrial Average and the Barron’s Gold Mining Index $DIA, $GLD A 98 Year Examination Looking at the market at the close last week, apparently the “policy makers” have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, […]
The Big Q: What Determines the Price of Bitcoin? $BTCUSD The Big A: Bitcoin is a cryptocurrency based on specifications outlined by Satoshi Nakamoto in Y 2009. Transactions are recorded in a blockchain, which shows the entire transaction history for each unit and is used to prove ownership. Processing transactions requires miners using computers to process blocks of […]
Metalla Royalty and Streaming, Ltd.’s Annual Letter to Shareholders 2017 $MTAFF, $GLD, $SLV It is with great satisfaction that I present to you, our shareholders, the first annual shareholder letter under our new name and business model of acquiring precious metal royalty, streams, and other production based interests. At a time when experts in the […]
Bitcoin Debate Heats Up, Split Coming $BTCUSD at 3,952.73 Wednesday Bitcoin is likely to split again this November, creating a 3rd version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale up its growing market. Major industry players say consensus between opposing camps looked increasingly unlikely. That opinion was echoed […]
Cryptocurrency Crackdown Sparks a Rush to Gold $BTCUSD, $GLD, $BAC Market guru Mark Mobius said he is sensing danger in the explosive growth of cryptocurrencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mr. Mobius, Executive Chairman at […]
Assuming I’m right how much higher can this market go? $DIA, $GLD, $SLV Another Quarter in 2017 has come and gone, and, I have to say that June was for the most part pretty quiet compared to what the stock market saw earlier in the year. In June we saw 7 new BEV Zeros (new […]
A Falling Stock Market, A Easing USD: That Brings Us Back to Gold $GLD, $SLV, $ABX, $GG, $EXCFF, $WPM As the USD falls from the Fed’s continuation of loose money policies, it will lift up Gold prices to unprecedented highs. Plus, recessions are a great environment for Gold During the last 2 recessions, Gold prices […]
Investment Strategist Warns, “Stay away from Bitcoin…” $BTCUSD The price of Bitcoin has risen by 210% since March to over $2,900… and one of the world’s most successful investment strategists is warning investors to stay away. Speaking at the Mauldin Economics’ Strategic Investment Conference, Raoul Pal said Bitcoin’s explosion upward is mania. Bitcoin Is a […]
Gold (NYSEArca:GLD) Spikes on Heavy Volume $GLD, $GDX, $KGC, $SLW, $ABX, $EXCFF, $NEM, $GG Tuesday, the return of the safe haven buyer and a weaker USD combined to lift the precious Yellow metal to its highest mark since the election of Donald Trump on 8 November. Gold futures in New York for delivery in August, […]
US Stock Market Update + Gold & Silver $DIA, $GLD, $SLV, $OIL As expected, the DJIA saw 2 new all-time highs last week on Thursday and Friday. The Big Q: How much higher can the stock market go? The Big A: On a point basis I really don’t know, could be enough to surprise me. […]
Market Volatility in Precious Metals $DIA, $GLD, $SLV Since its last all-time high seen on March 1st, the Dow has yet to break lower than -3.5% from it, or make a new all-time high. It has been a boring market. Something in me wants to see some excitement on Wall Street and Wednesday I got […]
Gold Now and Where Some Analysts See the Precious Yellow Metal Going $GLD Gold has just seen 2 months of lower pricing. That is normal for this time in the year for the metal. What that means is that the best part of the year, the Gold buying season is arriving. There are a number […]
World War 3: Bullish on Gold (NYSEArca:GLD) $GLD, $SLW, In times of War or other upheaval, people turn to Gold (NYSEArca:GLD). When economies wobble and governments fall, Gold has always been seen as the best way to preserve wealth. The Y-Y change in the consumer price index has already risen from 0 to 2.5%. When […]
Central Banks are Monetizing Stocks and Bonds $DIA, $SPY, $QQQ, $GLD, $SLV Following this market is an exercise in frustration. Last week, DJIA (DOW) appeared ready to roll over. I expected the Dow to be closer to its -5% line than its -2.5% line at the close of this week. But, as you can see […]
Precious Metals Miners are Coming Off of the Floor $SLW, $TAHO, $TECK, $EXCFF, $GLD, $SLV Industry analysts are maintained prior price targets with upside of 20% – 45% in their Outperform ratings. Note: Wall Street analysts often assign Northside runs of 8% to 15% when it comes to well-established companies being given new or updated […]
Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz $GLD, $GDX, $SLW, $EXCFF Those who read this column know that I have been Bullish Gold for several months after noting the end of the Bear cycle in the precious Yellow metal and new forces that will contribute to an even stronger advance […]
Gold Miners “Magic” Triggers $24-B Exploration Race $GLD, $EXCFF, $RIO, $BHP $SLW The sector is coming off of the bottom of the Bear Market cycle A rebound in exploration by global miners could see spending hit C$24-B by Y 2025 with China the front runner in the search for a new generation of giant discoveries. […]
President Trump Declares a “New Era” Markets Respond, Yes! $DIA, $SPY, $QQQ, $VXX US President declared “the start of a new era” in energy production with the signing an executive order Tuesday that he said would revive the coal industry and create jobs. The move makes good on his campaign vow to unwind and shred former […]
Gold’s Price Rise Triggers Mining Stocks’ Rally $GDX, $SBLG, $GFI, $NEM, $EXCFF Just about a week ago it looked like Gold’s Y 2017 rally was running out of steam, and in danger of losing sight of the psych mark at 1,200 oz. A number of major Gold stocks which had outperformed the precious Yellow metal […]
They Call it “Monetary Policy” $DIA, $SPY, $GLD, $SLV The Dow Jones made its last all-time high on March 1st, and since then its valuation has been slowly deflating. It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below. After the amazing 32 new daily […]
Economic Electrical Power (EP) Consumption… US Historical Review: 1929-2017 $DIA, $SPY, $GLD, $SLV Last Friday promised some excitement for this week; what with the much anticipated interest rate increase by the FOMC and the Federal Government hitting its debt ceiling on Wednesday the 15th. Friday evening, it was all much to do about nothing, with […]
The World Diamond Industry 2017 $RIO, $BHO, $NGLOY, $LUCRF, $GMDMF, $BID, $TIF As the diamond industry enters Y 2017, Q-1 demand for rough has been stronger relative to Q-4 2016 and also relative to a year ago. The US is the largest diamond jewelry market in the world representing 45% of global demand. Christmas season Y […]
The Gold Miners Problem, the More They Mine, the Less There Is $ABX, $FNV, $SLW, $EXCFF, $CN.MTA There is a problem in the Gold mining business, and even the biggest mining companies cannot escape it. The more Gold they mine, the closer they are to running out. When that happens, companies scramble, do risky deals, […]
Gold’s Price at 1-Month Low = More Pain for Mining Stocks $GLD, $ABX, $NEM, $AU, $GG, $NCMGY, $GFI, $AEM, $GOLD After its worst week since November, Gold was drifting lower again Thursday with the metal coming under pressure from a stronger US and an interest rate hike likely ahead in the US, just the 3rd […]
A Positive Look at 3 Key Players in Metals & Mining Industries $CS, $AEM, $SLW, $TECK A new Credit Suisse report takes a positive stance on some Key players in the metal and mining industries. Overall the CS analysts see improving apparent demand trends, accelerating global growth, positive earnings revisions and debt reduction as Key […]
Let’s Take a Look at Gold & Silver Bullion and Mining Shares in 2016 $GLD, $SLV I wasn’t going to write anything until next week, but reporting on the annual performance for gold and silver in the 1st week of the year feels appropriate and timely. Publishing the following table has been an annual event […]
Donald Trump in 2017, Different Than Ronald Reagan in 1981 $DIA, $GLD, $SLV Since the November 8th Presidential election, the NYSE has seen 17 trading sessions, with the DJIA closing at new all-time highs in 9 of them. I cannot argue with success, but seeing the stock market do so well after an election does nothing […]
Lithium Miners are Setting Out to Tap New Reserves $TSLA The Electric Vehicle (EV) is here, there is no going back now As I have said in the pas Lithium is the new fuel, but the reserves the miners are currently tapping into are finite, and investors can take to the bank. The Big Q: […]
Gold Wins No Matter Who Is Elected US President $GLD, $NUGT With the Y 2016 Presidential election on 8 November, many Americans are concerned about the fate of the nation. The Big Q’s” What will happen to the economy under the new administration, to Crude Oil prices, property values, the stock market, +++? There is […]
Gold Miners, the Clam before the Calm before the Storm. $GLD, $SLV, $NUGT, $DB The sooner the US Presidential election is over the better for all of us as the uncertainty will have been removed and we can get back to business as usual. Whatever the result both candidates are big spenders and so we […]
Market Update for the 2nd Week of October $DIA, $SPY, $GLD, $SLV, $GDX The box in the BEV chart below contains the Dow Jones since the first week of September. With the presidential election so near, it’s not surprising the market hasn’t done much of anything as our “regulated” markets are being managed for the […]
QE to Infinity: Central Banking’s Manifest Destiny $GLD, $SLV, $GDX I’m not surprised; the week following my article illustrating why I believed the gold and silver miners are “historic buys at today’s prices”; gold, silver and their miners get whacked to their lows of the current, so far 8th week correction. But last week I also […]
Stronger USD Pushing Platinum (NYSEArca:PPLT) Down $PPLT, $IMPUF, $GLD, $SLV Platinum futures trading on the NYMEX market in New York declined for a 4th day running Tuesday to 996.80, pushed down by a stronger USD, weakness across the precious metals complex, and the signing of a wage deal in Key producer South Africa. YTD Platinum’s price is up more […]
The Bull Market in the Gold Mining Shares Has “Only Just Begun” $GLD, $SLV, $DB, $DIA, $DXY Tedious, that’s how I’d describe the stock market for the past 6 weeks. Everything is on hold until Janet Yellen finds the courage to euthanize the bulls on Wall Street with a few rate hikes. It will be a […]
Gold Bull Sees Price Up 44% By Year’s End $GLD, $SLV, $GG, $MUX Gold Bull Robert McEwen seeing Gold’s price up as much as 44% by the end of the year as confidence in the US economy fades. The precious Yellow metal could trade in a range of 1,700 – 1,900 by the end of […]
The Black Swan Matters $DB, $GLD, $SLV Almost 10 years in the making the fate of one of Europe’s most important financial institutions may be sealed. After a sequence of scandals, poor decisions, and unfortunate events, Frankfurt-based Deutsche Bank (NYSE:DB) shares are now down -48% on the year to 12.60, which is a record-setting low. […]
This Fed Policy Stuff is Way Past its Expiration Date $GLD, $SLV, $NUGT, $GDXJ, $GGGG As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week. With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would […]
Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets $GLS, $SLV, $UGLD, $GDX, $CEF, $PHYS In the coming years as investors are forced to seek safe-havens expect Gold to rise to record highs as asset bubbles burst in everything from stocks, bonds and credit. The precious Yellow metal is at the beginning […]
Ways to Invest in Gold, the Precious Yellow Metal $GLD, $UGLD, $GDX, $CEF, $PHYS When it comes to investing in Gold, there is more than one way to do it, and there is no best way to do it. You can buy Gold futures You can buy a Gold-linked ETF’s You can buy Gold Bars […]
Gold Up, in Anticipation of US Fed Standing ‘Pat’ $GLD, $GDX, $JDST Gold is valued as unequalled material for jewelry, storing wealth and growing industrial uses. Gold prices rose Monday, as the USD slipped Vs a basket of currencies, as the market awaits clues on timing of an increase in US interest rates. Spot Gold was up […]
Extreme Volatility and Market Breadth Seen in Coming Days $DIA, $GLD, $SLV There was some excitement Tuesday, as the Dow Jones was down 1.41% and the NYSE saw a day of extreme breadth. But the Dow Jones Industrial Average (DJIA) recovered from its early week losses, and ended the week higher than last Friday’s close. The […]
Supply Deficit in Platinum Rising, the Metal is +22% YTD $PPLT, $ANGPY, $IMPUF, $LNMIY Platinum futures trading on the NYMEX market in New York contracted a bit last week, but at 1,065 oz YTD platinum is up more than 22% thanks to predictions of another annual market deficit and the threat of labor action in […]