News and Views

COT Gold, Silver and US Dollar Index Report - July 29, 2016 More ››
2016/07/29 at 3:33pm
Via: GoldSeek
Sales of the America the Beautiful Five Ounce Silver Bullion Coin featuring Theodore Roosevelt National Park in North Dakota begin on Monday, Aug. 29, the United States Mint told its network of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2016/07/29 at 3:23pm
Via: Coin News
In a bull market corrections can end quickly. One minute you are projecting another 5-10% downside and the next, the market has left lower prices in the dust. A negative reaction to the Federal Reserve statement could have caused lower prices but instead Gold and gold stocks are now primed for new highs. Fundamentally, we know the Fed will do nothing to prevent real rates from remaining negative. Since the trend has turned, Gold and gold stocks have mostly ignored the moronic, empty drivel emanating from these supposed geniuses. Moreover, despite reports of increased potential for a rate hike in More ››
2016/07/29 at 1:24pm
Via: GoldSeek
The gold-mining stocks have enjoyed enormous gains in their young bull market this year, trouncing all other sectors. Naturally this radical outperformance has led to surging popular interest in this usually-obscure contrarian sector. New investors are wondering how to best track its performance, about which gold-stock benchmark is the definitive one to use. Something of a battle is brewing over new versus old. More ››
2016/07/29 at 12:04pm
Via: GoldSeek
The top three U.S. oil companies released their financials today and the results were completely horrible. Exxon Mobil was the only one of the three that still made a profit for the first half of the year, however it was down a stunning 62% compared to the same period last year. Unfortunately, Chevron and ConocoPhillips […] More ››
2016/07/29 at 11:55am
Via: SRSrocco Report
Bill Murphy from returns to the show with insights on the PMs sector. He notes the newly bullish character of gold / silver. The official gold rigging or "fix / pool" continues to unravel, representing an investment opportunity. Our guest examines the minutiae of the silver market, including unusual pre/post Fed meeting activity. More ››
2016/07/29 at 10:11am
Via: GoldSeek
Once upon a time, the concept of “helicopter money” was something of a joke. It was part of a parable written by Milton Friedman to make a point about how a community would react to a sudden, one-off increase in the money supply. Now, however, “helicopter money” has become a serious policy consideration. So, what exactly is it, how would it affect the economy and what are its chances of actually being implemented? More ››
2016/07/29 at 10:09am
Via: GoldSeek
A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing triumvirate, Mark Carney, is still in office. Having taken a political stance in the pre-referendum debate, there can be little doubt the post-referendum fall in sterling was considerably greater than if he had kept on the side-lines. More ››
2016/07/29 at 10:07am
Via: GoldSeek
This has the makings of a classic speculative opportunity—one where politically caused distortions are liquidated and prices readjust. But a word of caution. It's going to take place within the context of the Greater Depression. And, as Richard Russell, who lived through the last depression, observed: In a depression, nobody wins. The winner is just the person who loses the least. More ››
2016/07/29 at 10:05am
Via: GoldSeek
Some have said that Britain shouldn't Brexit because it will cause chaos. There's some truth to that—but not because what Britain did was in any way destructive. Their action is best compared to that of passengers on a sinking ship who are the first ones to board a lifeboat. Nietzsche had it right when he said “that which is about to fall deserves to be pushed.” Any chaos that occurs is the result of the EU's flaws, not Britain's exit. It's as if you have a 100-story building which is about to collapse. It's better to arrange a controlled demolition More ››
2016/07/29 at 10:02am
Via: GoldSeek
A year ago almost to the day we began tracking a ‘Macrocosmic' theme that would eventually see gold bottom and rise vs. stocks and bonds in 2016, joining its bullish status vs. commodities, which had been in place since 2014. Nominal gold bottomed in December 2015 before silver, commodities and stocks as a counter cyclical environment birthed a new precious metals bull market. We updated the progress here, here and here in 2016. More ››
2016/07/29 at 10:00am
Via: GoldSeek
Well, we've spent the last two weeks making some bold predictions about the price of gold, the Bank of Japan and interest rates. Now here we are at the end of the month and things have unfolded almost precisely as we'd hoped. Won't it be fun to see what gifts August brings? read more More ››
2016/07/29 at 9:47am
Via: TF Metals Report