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Archive for the ‘Gold’ Category

Gold Makes Reverse H&S Breakout, Junior Gold Miners (GDXJ) Bouncing Off Support at 20 DMA

January 28th, 2015

gold pricesJeb Handwerger:  The Junior Gold Miners (GDXJ) ETF is bouncing off support at the 20 day moving average showing some bullish support and accumulation.  Gold is holding the $1300 area showing a major January bounce which may forecast a powerful 2015.  As the old saying on the market teaches, “As January goes, so goes the year.” Read more…

Gold, Investing, Mining, Precious Metals

This Is What Gold Does In A Currency Crisis, Euro Edition

January 27th, 2015

Gold Euro BarJohn Rubino:  Today the European Central Bank acknowledged that the currency it manages is being sucked into a deflationary vortex. It responded in the usual way with, in effect, a massive devaluation. Eurozone citizens have also responded predictably, by converting their unbacked, make-believe, soon-to-be-worth-a-lot-less paper money into something tangible. They’re bidding gold up dramatically. Read more…

Currency, Currency Wars, Europe, Gold

From Inside Moscow: Gold During The Crisis

January 27th, 2015

RussiaLouis James:  Editor’s Note: Dmitriy Balkovskiy is a Russian coin dealer in Moscow we’ve interviewed before. Since the ruble’s crash, he’s witnessed some interesting developments in his country, so we asked him for an update. Read more…

Currency, Economy, Gold, Russia, Silver, World News

Around The Foreign Exchange Markets With Charts

January 26th, 2015

CurrencyEdge Trader Plus:  There has been some discussion about how the Swiss National Bank breakaway from the 1.20 peg to the Euro was a shot to the upside for gold.  It appeared to us that the rally may have been sparked a few days ahead of the announcement, and last week’s mostly sideways aftermath was the froth on the rally.  It may continue, but the narrower Read more…

Banking, Currency, Currency Wars, Europe, Gold, Investing, Russia, Silver

Gold And Silver Strengthen As The Global Currency Wars Continue

January 26th, 2015

Stock Market WatchMike Gleason:  European central bankers brought out their monetary bazookas and vowed to load them with more than a trillion euros. That’s the total size of the quantitative easing program announced on Thursday by European Central Bank chief Mario Draghi. The 60 billion euro (or $68 billion) per month bond-buying campaign aims to revive price inflation and stimulate nominal economic growth in the Eurozone. Read more…

Banking, Currency Wars, Economy, Europe, Gold, World News

Currency Wars: Is Surrender An Option?

January 23rd, 2015

currency-war_cartoonJohn Rubino:  Switzerland, as everyone knows by now, has slipped out the back door of the drunken orgy that is the modern financial system. And the other revelers are wondering if it’s time to find their own clothes and start tiptoeing towards the exit.

Because the Swiss have such a big “mind share” in the world of finance, it’s easy to forget how Read more…

Banking, Economy, Europe, Gold, Inflation/Deflation, World News

Central Banks All Over The Globe Begin To Repatriate Gold Due To Increased Concerns Of Global Financial Crisis

January 23rd, 2015

Global-Financial-CrisisJeff D. Opdyke:  The great gold repatriation has begun…

Germany’s Bundesbank announced that the country repatriated 85 tons of gold from New York in 2014, far surpassing its previous estimates of 30 to 50 tons — and laying to waste Read more…

Banking, Currency, Economy, ETF, Gold, Precious Metals, Silver, Today's Top News, World News

Major Gold Producers Are Deep In Debt, And It’s Time To Pay The Piper

January 22nd, 2015

GoldKevin Michael Grace:  According to Michael Fowler, senior mining analyst with Loewen, Ondaatje & McCutcheon, the major gold producers have gorged on debt and sold off their seed corn. In other words, they pursued exactly the wrong strategy in the past and are now paying the piper. The intermediates, on the other hand, have better balance sheets, positive Read more…

Gold, Investing, Mining, Silver, Stocks

Desert Hawk Gold Corp Enters Into A Material Definitive Agreement

January 22nd, 2015

gold minerOn January 16, 2015, Desert Hawk Gold Corp., a Nevada corporation entered into an Addendum to the Tenth Amendment to the Investment Agreement with DMRJ Group I, LLC , which Investment Agreement was originally entered into on July 14, 2010 (the “Investment Agreement”). A copy of Read more…

Gold, Material Events, Mining, Precious Metals, Silver

Gold And Silver: Was The Swiss National Bank “Unpegging” From The Euro Enough For A Change?

January 22nd, 2015

Silver and GoldEdge Trader Plus:  It would seem that last week’s rally in gold was Swiss National Bank-driven, plain and
simple.  It is difficult to get a handle on the ramifications of what just happened with the
Swiss “unpegging” from the Euro.  It was becoming prohibitively expensive for the SNB
to keep buying Euros and trashing their own Read more…

Currency, Economy, Gold, Investing, Silver

Joe Reagor Of ROTH Capital: ‘Best Of Show’ On The Metals Merry-Go-Round

January 21st, 2015

Merry_Go_RoundKevin Michael Grace:  Metals are like horses in a merry-go-round, believes Joe Reagor of ROTH Capital—as some rise, others fall. In this interview with The Mining ReportReagor explains how looming surpluses, shortages and reduced confidence in central banks will be negative for copper but positive for silver, gold, uranium and, especially, zinc. Read more…

Banking, Gold, Investing, Markets, Precious Metals, Silver

Eric Coffin: Is Market Sentiment Shifting to Gold?

January 20th, 2015

Gold ChartKevin Michael Grace:  Equities past their peak? Bond market dead? So where do investors go looking for returns? Eric Coffin suggests gold, both bullion and stocks. In this interview with The Gold Report, the publisher of Hard Rock Analystexplains how changes in the currency and energy markets have reignited interest in Read more…

Gold, Investing, Mining

End Of The Gold Bear?

January 16th, 2015

Gold Bear Gold Bull:  Bear markets end with extreme bearish sentiment but positive price action is needed before a trend change can be confirmed. That can include (among other things) breaking downtrends, breaking resistance and breaking the pattern of lower lows and lower highs. There have been positive developments for precious metals beneath the surface but Read more…

Gold, Investing, Markets, Precious Metals, Today's Top News

Gold Breaks Above Key 200 Day Moving Average; Things to come

January 15th, 2015

goldJeb Handwerger:  For weeks I have been predicting that precious metals and the junior gold miners would bottom and outperform in January.  Now gold is breathtakingly breaking above the key 200 day moving average and breaking four month highs as the World looks to gold as a safe haven. Read more…

Gold, Investing, Mining, Precious Metals

Game Of Stones: China’s Global Gold Supply

January 15th, 2015

Gold ChinaJames Stafford:  China has a 4-way global gold supply domination strategy. And it’s starting to corner the market.

First, China buys physical gold in world markets, fabricates it where necessary into “good delivery” bars – in Switzerland or the Middle East – then ships the bullion, transparently through Hong Kong or Shanghai (or quietly through Beijing and other ports of entry). Read more…

China, Currency, Gold, Mining, Precious Metals, Silver, World News

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