“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 […]
![Newspaper headlines filled with news about: economy despair, crisis, money worries and dark tones about recession, depression and job losses. In economics, the term [b]recession[/b] generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. The usual dictionary definition is "a period of reduced economic activity", a business cycle contraction. The United States-based National Bureau of Economic Research (NBER) defines economic recession as: "a significant decline in [the] economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales." Image is captured in 12 bit RAW and processed in Adobe RGB color space. [File:XXX; Lot:34]](https://goldnotes.com/wp-content/uploads/2018/09/2382159-economiccrisis-322x212.jpg)
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 […]
“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 […]
“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 […]
“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 […]
From Greg Hunter’s Youtube Desscription: Former Fed insider Danielle DiMartino Booth says the simple way to protect yourself is get out of debt. You can also do what the wealthy are doing. DiMartino Booth says, “I am no gold bug, but I can tell you gold is the ultimate hiding […]
From Cliff Drove at Seeking Alpha: “It should also be noted that while the U.S. dollar index (DXY, below) remains below its 50-day moving average. It’s still close enough to the 50-day MA that a recovery back above it could quickly be made. Thus, it may be necessary for the […]
Another great article from Cliff Droke at Seeking Alpha. “The last time we saw this record short position in gold was at the end of 2015 before a powerful rally. The record short position is actually now even greater than the end of 2015 and coincides with the tech bubble […]