As we kickoff the week with more wild trading, a dangerous game of financial poker is being played, gold ignores latest Trump tweet, a look at silver’s surge, plus is a surprise Chinese currency devaluation in the cards?
Check out what is unfolding as the price of gold just hit an all-time high, plus keep your seatbelt fastened.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just warned that the world is minutes from collapse as panic across the globe intensifies.
On the heels of the Dow tumbling and gold surging, one of the greats in the business says a perfect storm of events is igniting the gold price.
After another wild week of trading that saw gold and silver end the week very strong, in one of his most powerful interviews ever James Turk told King World News that the silver bull market formation looks to be repeating the historic skyrocket in silver prices in the 1970s.
As investors around the world look for signs of what to expect next, bullion banks and commercials are now very close to being all-time record short the gold market!
Gerald Celente just issued a major alert as the Dow plunges more than 600 and gold spikes $30.
With the price of gold surging $30 and silver up 40 cents, and the Dow down 400, here is a look at what is driving the rally in the gold market outside of the ongoing Trade War between the US and China.
With the price of gold getting more attention in the media, here is an important look at what’s next for the gold bull, plus the temptation to take profit.
On the heels of the recent rally in the metals, the setup for silver is becoming very bullish.
With many traders stunned by some of the trading action in global markets, today veteran newsletter writer, Tom McClellan, discusses why the whole world is abuzz.
How is this possible? Trouble across the globe, nothing to see here, meanwhile this is imploding…
Here is the bottom line with today’s big news.
A spike in the price of silver will be the key to unleashing gold price targets of $1,645 and $2,200+.
Central banks rule the world, less than zero, plus the road to $50 silver.
Even though it is only Tuesday, here is the quote of the week.
Today a legend who is connected in China at the highest levels predicted the price of gold is going to surge another $700.
After the pullback, here is a breakdown of where things stand in the gold market.
After the metals pulled back today, James Turk told King World News that we may see a squeeze in the silver market next week.
Art Cashin, Head of Floor Operations at UBS, discusses the wild trading in global markets and Citi analyst Tom Fitzpatrick weighs in on the gold market.
[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 …
