“Gold’s safety component has been nullified since April. Investors have preferred holding cash over bullion while emerging market assets continue to be liquidated. Today we’ll look at the latest factors which point to a continued choppy, directionless market condition for gold in the immediate term. We’ll also discuss the immediate […]
Tag: Gold Notes
Mother Lode Unearthed In Kambalda Delivers $15 million in just four days
Big News “Underground miners in outback Western Australia have unearthed rare gold specimens which geologists are calling a once-in-a-lifetime discovery.” “The largest specimen weighs in at 90 kilograms and took three men to lift it onto the back of a ute. The quartz rock is covered in an estimated 2,300 […]
Silver Commercial Traders Decide It’s The Time To Cut Short Positions
“The net speculative position decreased by around 9,000 contracts in silver. At a negative 47,000 net-long position, silver speculators are the most bearish on silver in the report’s history.” “The central bank of India bought gold for its reserves for the first time in a decade and the Mongolian central […]
Scotia Mocatta Metal Matters
Featured quotes from the report: Gold continues to not attract safe-haven interest, even though parts of the global financial system are stressed. International investors see the US as the go-to destination for safe investments. – Lingering uncertainty as to the fallout from US trade disputes. – The rise in distress […]
Gold Climbs Higher As US Dollar Eases
“With gold still close to a 1-1/2 year low of $1,159.96 an ounce touched last month. There is little room for prices to fall, Julius Baer analyst Carsten Menke said. Gold has tumbled more than 12 percent from a peak in April as the dollar rose to 14-month highs and […]
Inside Orefinders Gold
Highlights from the Video: 1. Gold is experiencing supply side issues. 2. Mergers & Acquisitions on the horizon. 3. Demand for gold supply will be exceptional in Canada, and especially in the Abitibi. “The miners have been depleting their reserves without replenishing them. There is a severe supply […]
Gold And Silver Are Set Up To Soar
“The banks are positioned for a huge move higher in gold and a sell-off in the dollar. The only question is timing. The commercial category of the COT Report (banks + producers/merchants/processors/users). It says it is net long silver futures for the first time in at least 25 years. In […]
Gold Miners Still Have Risk, But The Rewards May Be Extraordinary
“I’m skeptical about the stock market at the current inflated valuations. I’m especially skeptical when only the US stock market has recovered since the January peak, while the rest of the world’s markets remain in bearish downtrends” “Instead, if you want a shot to make big money in the markets […]