Gold Remains Bullish, Despite US Dollar Rally, A Match Made In Hell, Plus What Could Possibly Go Wrong?
Trading in the gold market remains bullish, despite a rally in the US dollar. Also, a match made in hell, plus what could possibly go wrong?
Trading in the gold market remains bullish, despite a rally in the US dollar. Also, a match made in hell, plus what could possibly go wrong?
On the heels of the price of gold recently hitting new all-time highs, it appears that the elite are now moving to aggressively eliminate cash. This will be the new money.
With gold and silver prices surging today, expect miners to be the new growth stocks. Plus a look at highest level ever, and “We maintain a bullish outlook” for gold.
Despite the pullback, it’s still early days for the gold bull market (great charts in this one), plus gold vs everything.
On the heels of the price of gold tumbling 4% and the US dollar rallied nearly 1%, it’s time to keep an eye on the US dollar.
The total collapse of businesses is shocking.
BUCKLE UP: This may trigger a massive move higher in the mining stocks.
This is another huge gold and silver bull catalyst. Last time this signal was triggered the US dollar quickly collapsed 15% and gold surged 14%, but the big surprise was silver.
The US dollar continues to tumble sending the price of gold back above $2,000, but here is the really big problem.
Here is a look at 2020’s chart of the year, plus Bank of Japan “all-in” with is big gamble, what depression and inflation anyone?
On the heels of Warren Buffett buying a stake in the gold sector, today legend Pierre Lassonde told King World News that Buffett just signaled to the world to buy gold. There is also a quick note from billionaire Eric Sprott.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Today James Turk told King World News that silver’s trading action mirrors the 2010-2011 spike to $50.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals discussed the shocking truth about Warren Buffett’s investment in gold and the real reason why he did it.
Despite this week’s pullback in gold, the nightmare for the bullion banks continues.
Today top trends forecaster Gerald Celente that the future he sees is “hell on earth”…
As investors around the world wonder what the next move in the metals will be, this is what is really happening behind the scenes in the gold market, plus a look at silver.
As the gold and silver markets continue to digest this year’s huge gains, you won’t believe what is happening with inflation, plus the public is very fearful, despite stimulus.
Another gold bull catalyst and we haven’t seen this one in 75 years, plus a fascinating email from a KWN reader.
The price of gold is surging $50 and silver is soaring $2. Here is a look at the key level for gold, commodity boom, plus a costly mistake for the gold bulls.
The price of gold surged after one pro said the attempt to “paint the close tape” lower did not fool anyone, plus this has never happened before.
[PR Newswire] – LAKEWOOD, Colo., Sept. 2, 2015 /PRNewswire/ — Pershing Gold Corporation (PGLC), (7PG1.BE) (“Pershing Gold” or the “Company”) announces that Mine Development Associates (“MDA”) of Reno, Nevada has completed an updated Canadian National Instrument 43-101 Technical Report for Pershing Gold’s Relief Canyon Mine in Pershing County, Nevada. The MDA Technical Report discusses in detail the resource estimate, previously announced in July 2015, based on the results from drilling
[CNW Group] – Pershing Gold Announces Completion of Updated 43-101 Technical Report for the Relief Canyon Mine
[Marketwired] – Primero Mining Corp. announces the resignation of Mr. Rohan Hazelton from its Board of Directors. Mr. Hazelton has served on Primero’s Board of Directors since August 2010, upon the acquisition of…
NEW YORK (TheStreet) — After trading virtually flat for all of Far East, most of London trading—and early trading in New York, the gold price got hit at 11:00 a.m. EST on the dot just as London closed for the day. The low tick came thirty minutes later—and then at precisely 2 p.m. EST, the gold price rocketed 12 bucks higher in just minutes, which was probably a result of
[Globe Newswire Europe] – NEWS RELEASE Coeur Reports Fourth Quarter and Full-Year 2014 Results Wharf Acquisition Expected to Close February 20, Six Weeks Earlier than Expected Chicago, Illinois – February 18, 2015 …
[GlobeNewswire] – CHICAGO — Coeur Mining, Inc. (“Coeur” or the “Company”) announced year-end contained proven and probable mineral reserves of approximately 390.7 million silver equivalent ounces, an …
NEW YORK (TheStreet) — Well, dear reader, you don’t need me to explain what happened in the precious metal market yesterday, as we’ve seen it all before. It’s just “da boyz” and their HFT buddies running the stops for fun, profit and price management purposes. In gold, the price was under some sort of pressure starting around 9 a.m. Hong Kong time—and by 1 p.m. in London, the price was
NEW YORK (TheStreet) — With the U.S. markets closed for President’s Day on Monday, there wasn’t much activity in the precious metal market anywhere on Planet Earth—and the only reason for my column today is the plethora of stories that I’ve been accumulating all weekend. The gold price rallied in fits and starts right from the open of trading at 6:00 p.m. EST on Sunday evening—and the rally ended, as
No evidence can be found that Republican Gov. John Kasich exerted inappropriate influence over the state’s pollution discharge permitting process for coal facilities or over the high-profile departure …
GEORGETOWN, Guyana (AP) — The latest effort to find oil and natural gas in disputed waters off Guyana is showing promise, a representative of Exxon Mobil in the South American country said Thursday.
JOHANNESBURG (Reuters) – U.S. oil firm Chevron has completed a 1 billion rand ($83 million) routine maintenance and safety inspection at its 100,000 barrel per day South African oil refinery in Cape Town, local media reported on Thursday. Chevron, which trades as Caltex in South Africa, shut down its Milnerton refinery from Feb. 13 to March 31 for routine maintenance and safety inspections. …
By Jarrett Renshaw NEW YORK (Reuters) – Americans hit the road in record numbers this winter, reigniting a long debate that may determine whether global oil markets hold steady or tumble anew. Yet many energy economists have long argued that it is economic activity and employment, not prices, that hold the greatest sway over how much gas Americans burn each day.
Iraq’s largest oil refinery is under growing threat from Islamic State jihadists, who have advanced inside the perimeter of the facility, the US military said Wednesday. US warplanes have been carrying out air strikes against the IS group around the Baiji refinery but it was unclear if Iraqi security forces would manage to hold on to the facility north of Baghdad, a Pentagon spokesman said. They do control parts of
A crude oil fire at the U.S. Oil and Refining Co. burned for almost two hours Wednesday, sending plumes of black smoke over the Port of Tacoma, but it didn’t cause any injuries, according to a company …
By Scott Haggett and Nia Williams CALGARY, Alberta (Reuters) – Canadian oil and gas shares tumbled and the country’s main stock index hit a one-month low on Wednesday after the left-wing New Democratic Party surged to power in the oil-rich province of Alberta on promises that included energy industry reforms. “Even now our inboxes are filling with messages expressing something between disbelief and dismay,” analyst Andrew Bradford of Raymond James
TRAVERSE CITY, Mich. (AP) — The U.S. Environmental Protection Agency is proposing guidelines to help state and local officials detect dangerous levels of algal toxins in drinking water.
The Pentagon on Wednesday said Iraq’s fight to secure the country’s largest oil refinery from Islamic State militants was headed in the wrong direction and declined to predict the outcome of ongoing battle. “It’s been a tough, fluid fight,” Pentagon spokesman Colonel Steve Warren told a news briefing, adding that “right now it’s flowing in the wrong direction.” “It could still turn around.
Crews are battling a smokestack fire at the U.S. Oil and Refining Co. that is sending plumes of black smoke across the sky at the Port of Tacoma in Washington state. Flames could be seen shooting out of …