Gold Seeker Closing Report: Gold and Silver Fall Before Fed Day
Tue, 20 Mar 2018 20:18:03 GMT
Gold fell $9.60 to $1307.20 at about 10:30AM EST before it climbed back higher into midday, but it still ended with a loss of 0.49%. Silver slipped to as low as $16.116 and ended with a loss of 0.80%.
Ira Epstein's Metals Video 3 20 2018
Tue, 20 Mar 2018 20:00:00 GMT
Gold is flirting with downside breakout.
Fed Day: Mr. Market Meets Mr. Hyde
Tue, 20 Mar 2018 14:35:42 GMT
Most gold investors are not focused enough on buying their favourite gold stocks in the current $21 buy zone for GDX. Instead they are trying to guess when a big parabolic price rise will occur. That type of price action starts at the end of an inflationary period, not the beginning of it. I will say that I’m particularly excited to see substantial insider buying take place now at major gold mining companies. These company directors obviously see the current time as one for major gold stock accumulation. I’ll dare to suggest gold bugs around the world need to follow that lead!
Bear Stearns – A Different Opinion
Tue, 20 Mar 2018 13:40:23 GMT
No doubt that the ten-year anniversary of the failure of the prominent investment bank, Bear Stearns, and its takeover by JPMorgan is cause for reflection. Bear Stearns was a force to be reckoned with and held a storied past on Wall Street and its fall was a seminal financial event. To that end, there have been any number of retrospective articles, most often offering the perspective of the major players involved and what the takeover meant to the acquirer, JPMorgan.
Here’s What Inflation Could Look Like in 2020, Based on Past Surges
Tue, 20 Mar 2018 13:30:01 GMT
Rising inflation has hit the headlines, sparking some attention from journalists. What most mainstream investors don’t realize, though, is that history shows inflation can quickly get out of control, and not just in some mismanaged third-world country. Surprise spikes in inflation have occurred right here in the US—and given the massive amount of currency dilution around the world over the past decade, a jump in inflation could easily kick in again.
Politics And Investing
Tue, 20 Mar 2018 13:18:06 GMT
I have (somewhat cynically) noted that the less investors have been thinking, the better their investment performance must have been over the past decade. Could it be that our intellect actually gets in the way of making good investment decisions£ When it comes to trying to project what influence politics has on investments, this may well be the case.
Jack Chan's Weekly Precious Metals Update
Tue, 20 Mar 2018 13:17:00 GMT
The precious metals sector is on a long-term buy signal. Short term is on mixed signals. A pullback is in progress. The cycle is down. COT data is supportive for overall higher metal prices. We are holding gold-related ETFs for long-term gain.
Does Weiner really know what central bankers think better than they themselves do£
Tue, 20 Mar 2018 13:15:16 GMT
Weiner characterizes as "conspiracy theorists" those who complain about gold price suppression. Perhaps he will explain in his next commentary what it is when government officials meet secretly to decide and implement a course of action. Conspiracy is defined by the Federal Reserve Board's monthly meetings in Washington to the monthly meetings of the board of the BIS in Basle, Switzerland. Weiner should try attending one of those meetings.
Another look at gold’s true fundamentals
Tue, 20 Mar 2018 13:08:20 GMT
The major long-term driver of the gold price is confidence in the official money and in the institutions (governments, central banks and private banks) that create/promote/sponsor the official money. As far as long-term investors are concerned the gold story is therefore a simple one: gold will be in a bull market when confidence in the financial establishment (money, banks and government) is in a bear market and gold will be in a bear market when confidence in the financial establishment is in a bull market.
The Crypto Market Conundrum
Tue, 20 Mar 2018 13:07:00 GMT
In my last article I stated that we had the potential for a lasting bottom in the crypto market, starting with a low in most coins on February 6th. However, in that article I also gave the conditions for that bottom to fail.
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