Craig Hemke joins me today to address the factors that he thinks will drive the precious metals market in 2020. Looking past the recent volatility on the back of geopolitical tensions we go back to basics and central bank politics.
Click here to read Craig’s full article on his 2020 outlook for the metals.
We have been chatting a lot about how well the gold and silver stocks are holding up while the underlying metals prices have been trending lower. Today is another good example of this trend continuing.
Craig Hemke joins me today to share a chart that caught his eye comparing gold company producers (XAU) to the gold price. This chart is showing a short term breakout that could signify the start of a very bullish long term move for the overall PM sector.
Click here to visit Craig’s site and follow along with his metals commentary.
Craig Hemke joins me to wrap up the week where we saw markets start poorly but finish strong and the inverse happen for the safe assets. The strong jobs report can be used as a reason but there is a bigger trend of buy the dip for risk on equities as we near the end of the year.
Craig Hemke joins me today for a look at the gold price rebound. After giving up a little over $100 since September gold has bounced but so far the CoT reports have not corrected yet. Gold could be trading in a rage for some time but watch some other factors for future direction.
Falling interest rate, central banks easiness, trade fears, all where driving money into safe haven assets but all have reversed over the past few weeks. This is causing money to flow out of the safe havens and into the US markets and other risk on sectors. Craig Hemke joins me to share his thoughts on how long this downward pressure will last. Taking a close look at the open interest and CoT reports is another key consideration.
Falling interest rate, central banks easiness, trade fears, all where driving money into safe haven assets but all have reversed over the past few weeks. This is causing money to flow out of the safe havens and into the US markets and other risk on sectors. Craig Hemke joins me to share his thoughts on how long this downward pressure will last. Taking a close look at the open interest and CoT reports is another key consideration.
Falling interest rate, central banks easiness, trade fears, all where driving money into safe haven assets but all have reversed over the past few weeks. This is causing money to flow out of the safe havens and into the US markets and other risk on sectors. Craig Hemke joins me to share his thoughts on how long this downward pressure will last. Taking a close look at the open interest and CoT reports is another key consideration.
Craig Hemke joins me today to share his thoughts on the likelihood of a new high for the year in gold and silver. He points to the increase in open interest in gold as something that might hold back a major move higher, however silver could be a different story.
Click here to visit Craig’s site and follow along with his comments on the PMs.
Craig Hemke, Founder of TF Metals Report joins me to discuss the continued involvement of the Fed in the repo market as well as the Agnico Eagle Q3 earnings. While no one knows how it will all play out with the Fed injecting more money into the repo market it is not a good sign that it is expected to continue into next year. As for Agnico the revenue and earnings numbers were very good. This is very encouraging for the overall sector moving forward.
Craig Hemke kicks off today with a look at the major drivers in the gold market currently. We discuss the back and forth in trade and recent comments from Powell at the Fed. There is also an example of what seems like good news for a gold Company that is being sold.