Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% on the Week
Fri, 22 Jun 2018 20:28:56 GMT
Gold gained $3.60 to $1271.00 in Asia before it chopped back to $1267.00 in London, but it then edged back higher in New York and ended with a gain of 0.22%. Silver rose to as high as $16.482 and ended with a gain of 0.92%.
Ira Epstein's Metals Video 6 22 2018
Fri, 22 Jun 2018 20:00:00 GMT
Gold bounces but has no zip to it.
COT Gold, Silver and US Dollar Index Report - June 22, 2018
Fri, 22 Jun 2018 19:35:33 GMT
COT Gold, Silver and US Dollar Index Report - June 22, 2018
Gerald Celente: Why You Still Need Guns, Gold, and a Getaway Plan...
Fri, 22 Jun 2018 18:11:05 GMT
It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world, and it's always great to have him on with us. Gerald, thanks for taking the time again today, and welcome back.
A Trade War Won't Be Good for the Dollar
Fri, 22 Jun 2018 15:56:17 GMT
On Wall Street, it's best not to think too hard or to look too closely into the mouths of gift horses. Since making predictions based on actual economic understanding is rare, analysts typically look to provide explanations after the fact. Within the financial services industry, currency traders are perhaps the greatest practitioners of this craft. While they often get the fundamentals completely wrong, it never seems to stop them from offering bizarre theories to explain currency movements.
Cheap Gold Stocks Basing 2
Fri, 22 Jun 2018 15:54:34 GMT
The gold miners’ stocks are drifting listlessly in the summer doldrums, largely forgotten by investors and speculators. They are missing a fantastic opportunity to buy low in this barren sentiment wasteland when no one else wants to. The gold stocks remain exceedingly cheap relative to the metal which drives their profits, and they continue to establish a strong technical base. They are ready to soar as gold returns to favor.
3 Amigos (SPX/Gold, Long-term Yields and Yield Curve) Updated
Fri, 22 Jun 2018 15:15:29 GMT
It has been a while since we’ve had a 3 Amigos update because a) Italy and global tariffs noise aside, nothing much has changed with the macro and b) I felt my ‘image-based metaphorical content to straight content’ ratio was getting a little excessive. So I gave it a rest.
Sane People Absolutely Know Better!
Fri, 22 Jun 2018 13:46:14 GMT
We can’t fix an excessive debt problem with more debt. (Central bankers disagree…) We can’t support a more expensive military and federal government with a decreasing work force, massive debt and weak economy. (Governments disagree…) Unbacked paper money always returns to its intrinsic value – zero. (Most of the world lives in denial.)
How Long Can This Last?
Fri, 22 Jun 2018 13:42:09 GMT
Yields are rising. The global economy has adapted so far without any major problems. So far. But how long can this last? And what does it ultimately mean for the gold market? Let’s look at the chart below. As one can see, the U.S. long-term interest rates have been rising since September 2017. And they breached 3 percent in the second quarter of 2018, attracting investors’ attention all over the world.
Housing Bubble Pathologies, Part 2: Fewer Babies And More Stressed-Out Renters
Fri, 22 Jun 2018 13:40:02 GMT
Home prices are still rising pretty much everywhere in the US, with California as usual leading the way. State-wide, the median CA home is now above $600,000, up 9% year over year. In San Francisco County, homebuyers are paying an average of 18% above the asking price, and price per square foot is now more than $1,000.
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