Sales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday. The U.S. Mint sold 4,500 ounces of American Eagle gold coins in April, down 25 percent from the year prior. […]
Mint American Eagle gold coin sales at weakest April since 2007 Read More »
This post The Seven Pillars of Gold appeared first on Daily Reckoning. You need to own gold; and you need to own shares in companies that find and mine it. I lay out seven reasons below, in what I’m calling the “Seven Pillars of Gold.” Each “pillar” reinforces the argument for holding gold. There’s some
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This post The World Wants Its Gold Back From the U.S. appeared first on Daily Reckoning. We’re all familiar with the so-called “run on the bank.” It usually begins quietly with just a few depositors getting nervous about the solvency of the bank. They line up to get their cash out before the bank closes
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A Major Shift Is Taking Place By Speculators In Currencies Global Head Of Currency Strategy at Brown Brothers Harriman Marc Chandler joins me today to outline a major shift underway in currencies. Over the past year the trade has been short USD / long Euro. This is no longer the case. The past expectation was
Exclusive Comments from Marc Chandler – Mon 30 Apr, 2018 Read More »
We Have A Bottom In Cryptocurrencies Lead By The Smaller Coins Ryan Wilday, cryptocurrency technical analyst over at Avi Gilburt’s site shares his thoughts on the recent bottom. He points out that the smaller coins are leading the charge. Whether you believe in cryptocurrencies or not there is the potential to trade and make some
Ryan Wilday – Cryptrocurrency Technician – Mon 30 Apr, 2018 Read More »
click to enlarge Also moving prices is news that Goldman Sachs and Barclays are both rumored to be working on introducing cryptocurrency trading desks. Similarly, Nasdaq CEO Adena Friedman told CNBC last week that Nasdaq “would consider becoming a crypto exchange over time,” and that “digital currencies will continue to persist.” As I see it,
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Is an overall basic and coherent U.S. Foreign Policy possible? Big Al says: “Our President definitely “shoots from the hip on many issues. In the case of an overall, cohesive foreign policy Mr. Ullman and co-author Arnaud de Borchgrave, bring out the importance of an overall foreign policy, but, rightfully ask the questions with Trump’s
KER Politics – Mon 30 Apr, 2018 Read More »
Authored by Trey Reik, Senior Portfolio Manager, Sprott Asset Management USA, Inc. The turbulence which riled U.S. equities in early February spread to short-term credit markets during March. As the S&P 500 Index1 slumped towards ongoing retest of February lows, various measures of dollar funding stress surged to post-crisis highs. Most notably, the Libor-OIS spread
Sprott gold report: “QT” or not to “T”? That is the question Read More »
Argentinian lithium producer Orocobre (TSX: ORL) recently reported lower than expected lithium production in its third fiscal quarter because weather interfered with its evaporation rates of its lithium brines. This reveals two problems with lithium brine production: reliability and geography…. …read more Source:: PRNewswire-Mining and Metals The post Not All Lithium Mining is Equal: Hard
Argentinian lithium producer Orocobre (TSX: ORL) recently reported lower than expected lithium production in its third fiscal quarter because weather interfered with its evaporation rates of its lithium brines. This reveals two problems with lithium brine production: reliability and geography…. …read more
