With continued chaos and uncertainty in global markets, today KWN is publishing another incredibly important piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, warns that “gold is being outrageously manipulated,” as the Fed prepares to stun the world by opening up “the floodgates of liquidity” for “QE5.” He a... read more
LONDON (MINEWEB) -
Royal Bank of Canada Capital Markets analysts Dan Rollins in Toronto and Jonathan Guy in London have come up with a detailed analysis of the gold market over the next few years comparing it with the big ETF driven gold price rally of 2005-2008.
Over this period, gold doubled in price from $450 to $900, and while the analysts are not putting exact price predictions into... read more
PHOENIX, March 12, 2014 – Yesterday, an Arizona bill which would legalize gold and silver as legal tender cleared its first state House hurdle, after passing the senate last month by a vote of 18-12
The Federalism and Fiscal Responsibility Committee recommended “do pass” by a 6-2 vote. SB1096 still needs to clear the Financial Institutions and Rules Committees before moving on to the f... read more
The price of gold is rising, but is this purely because of the tensions in the Ukraine? Not entirely, I think it adds fuel to a supply shortage created by enormous Chinese physical demand since April 2013. While paper sentiment might change today or tomorrow, the physical reality will eventually be the main driver to push the pice upwards.
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Gold expert Jim Sinclair is issuing a warning of a massive downside risk to U.S. sanctions against Russia. Sinclair says watch the "struggling dollar" and Russia accepting any currency for oil and natural gas. Sinclair explains, "It's struggling . . . because it smells the real teeth of retaliation for sanctions being in the simple acceptance of any currency whatsoever for payment for gas to Eu... read more
On silver’s 1-year chart we can see that a fine large Double Bottom is completing. We already had the breakout on good volume from the 2nd trough of this Double Bottom in the middle of February, and it was this event that has (rightly) caused traders to pile into silver, although the price hasn’t moved much – yet. The better silver stocks, on the other hand, are already on fir... read more
It is remarkable how billions of human beings are using fiat currencies in the world today without any understanding at all of what they are doing. Curiosity and intellect are indeed very limited in supply amongst humans.
Humanity is attempting to live by the use of fiat currencies – gold and silver as means of interaction between humans are not available today.
And humans ar... read more
Buoyed in early trading by a flight to safety amid simmering turmoil between Ukraine and Russia, silver prices today are showing signs of life.
In morning trading Friday, the price of silver rose $0.62, or 2.44%, at $21.89 an ounce. While the wh... read more
With the stock market tumbling, gold surging, and the U.S. dollar falling, today Canadian legend John Ing discusses major moves by the Chinese in the gold market as well as their position on Ukraine. Ing, who has been in the business for 43 years, also discussed the intensifying currency wars between various countries around the world.
Eric King: “John, what’s going on wit... read more
Bloomberg's Olivia Sterns, Bloomberg Tradebook’s Greg Bender and John Brady, managing director of interest rate products at R.J. O’Brien & Associates put gold futures in focus in "On The Markets" on Bloomberg Television's "In The Loop."
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