Stoeferle – Gold, Silver, The Mining Stocks And Where To Invest In A Recession
Here is an update from one of the greats in the business about the gold, silver and mining stock markets as well as where to invest in a recession.
Here is an update from one of the greats in the business about the gold, silver and mining stock markets as well as where to invest in a recession.
What a remarkable read on the 4th of July!
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that a major revaluation of gold is imminent.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that this next surge in gold is going to take the price well beyond $2,500 up to the $2,800-2,900 level. He also spoke about what he expects from silver and the mining stocks on this next big up move.
This week we saw the biggest silver buy signal in the world.
Look at what is happening behind the scenes in the gold and silver markets.
The setup in the silver market is fascinating on the heels of an epic collapse in Open Interest.
Below is a look at a $48,000 price target for gold.
Putin, the great chess master, is winning decisively in Ukraine and will soon unleash the death blow for the West – a gold-backed rouble.
Silver is at a key level, plus things are tough all over the world and a look at currencies.
Today the top trends forecaster in the world, Gerald Celente, stated the American dream has turned into the American nightmare. Even more troubling is the already dire situation is deteriorating by the day.
Jim Grant of Grant’s Interest Rate Observer just issued this warning about business and credit conditions in the US.
Here are 3 macro themes poised to unfold in rapid succession as the credit crunch intensifies.
As we kickoff a new trading week, big money will be made in silver, plus a commodity boom is coming.
People all over the world are waiting for the Fed pivot as more things break and the US China financial war heats up.
Today James Turk spoke with King World News about three key levels that need to be broken for gold, silver and the US dollar.
The price of gold tumbled $40 for the week but take a look at this.
The price of gold was hammered this week along with silver as the war in the paper gold and silver markets continues to rage.
With the price of gold rallying today along with the US dollar, big concerns are centered around the global economic slowdown.
With buyers continuing to take advantage of the takedown in gold and silver, a $248 price target for silver was just issued. Plus take a look at the big reversal an something not seen in 31 years.
[at Financial Times] – Gold ended the week with one of its biggest daily percentage jumps this year after weak US jobs data boosted hopes that the Fed might delay a rise in interest rates. The precious metal rose 2 per cent …
[at TheStreet] – AngloGold Ashanti (AU) stock is gaining as the price of gold rallies today.
[PR Newswire] – TSX: GPR NYSE MKT: GPL VANCOUVER, May 19, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (TSX: GPR) (NYSE MKT: GPL) (“Great Panther”, the “Company”) announces that it has signed a …
NEW YORK (TheStreet) — The gold price didn’t do much in most of Far East trading on their Monday. There was a bit of spike starting shortly before 2 p.m. Hong Kong time, but that was capped shortly before the London open—and it chopped lower for the remainder of the Monday session both in London and New York. For the most part, the gold price traded within a ten dollar
NEW YORK (TheStreet) — The gold price weakened a bit in Far East and early London trading on their Friday, with the low tick coming shortly after 11 a.m. BST. It traded flat for a couple of hours—and began to rally shortly before the COMEX open. And like what happened on Wednesday and Thursday, the price got stepped on shortly after the London p.m. gold fix. The high tick of
NEW YORK (TheStreet) — The gold price traded almost ruler flat through most of Far East trading on their Thursday, but began to show signs of life about 1:45 p.m. Hong Kong time. That ‘rally’ lasted until ten minutes after the COMEX open—and then gold rallied sharply before getting cut off at the knees around 10:30 a.m. in New York. It crawled higher from there, but got sold down once
[PR Newswire] – VANCOUVER, May 14, 2015 /PRNewswire/ – Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) announces that the nominees listed in the management proxy circular for the …
[CNW Group] – Silver Standard Announces Election of Directors
[GlobeNewswire] – SPOKANE, Wash. — MINES MANAGEMENT, INC. (NYSE-MARKET: “MGN”, TSX: “MGT”; the “Company”) is pleased to announce that a three member commission, appointed by the Federal District …
[GlobeNewswire] – SPOKANE, Wash. — MINES MANAGEMENT, INC. (NYSE-MARKET: “MGN”, TSX: “MGT”; the “Company”) is pleased to announce that a three member commission, appointed by the Federal District …
[GlobeNewswire] – Spokane, Washington – May 14, 2015 – MINES MANAGEMENT, INC. (NYSE-MARKET: “MGN”, TSX: “MGT”; the “Company”) is pleased to announce that a three member commission, appointed …
(Reuters) – Imperial Oil Ltd , Canada’s No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices. Global oil prices have nearly halved in the past year, hurting oil and gas companies and forcing them to cut expenditure and jobs. Imperial, majority owned by Exxon Mobil Corp , said on Friday that its capital expenditure fell about 41 percent to C$819 million
Graphic shows the national average price for a gallon of regular gasoline.; 1c x 3 inches; 46.5 mm x 76 mm;
US stocks traded mixed Friday after ExxonMobil and Chevron profits slumped on falling crude oil prices, dragging down the Dow, as investors digested a slew of corporate earnings reports. About 50 minutes into trade, the Dow Jones Industrial Average was down 26.36 points (0.15 percent) at 17,719.62. The broad-market S&P 500 was flat (0.00 percent) at 2,108.63, while the tech-rich Nasdaq Composite Index gained 6.60 (0.13 percent) at 5,135.39.
Hurt by falling oil prices, Chevron said Friday that its second-quarter net income plunged 90 percent from the same period a year ago. Shares of Chevron Corp. fell nearly 4 percent in morning trading Friday. …
Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp , compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Earnings at Exxon and Chevron, two of the world’s largest oil producers, also missed analysts’ expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in
Exxon Mobil shares fell 4 percent to $79.52 while Chevron was down 4.2 percent at $89.06 after quarterly profits slumped on falling oil prices. Amgen rose 4.7 percent to $179.64 after the world’s largest biotechnology company reported higher-than-expected second-quarter results. Wall Street opened higher after an historically weak reading of U.S wage growth lent weight to the view that the Fed could delay a rate increase.
NEW YORK (AP) — Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company’s oil and gas production, which has been generally declining in recent years, surged.
Chevron Corp. (CVX) on Friday reported second-quarter earnings of $571 million. On a per-share basis, the San Ramon, California-based company said it had net income of 30 cents. The results missed Wall …
Second-quarter profit at oil producer Chevron Corp tumbled 90 percent, missing analysts’ expectations, amid weakness in oil prices . Chief Executive John Watson bluntly said the results were “weak” and that he was working to slash costs by renegotiating supply contracts. Chevron earned a net income of $571 million, or 30 cents a share, compared with $5.67 billion, or $2.98 per share, a year earlier.
(Reuters) – Exxon Mobil Corp , the world’s largest publicly traded oil company, on Friday reported a 52 percent slide in second-quarter profit as tumbling crude oil prices weighed on results.