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Gold prices edge up after sliding to 6-month low
June 21, 2018

Asian markets retreat as trade worries weigh
June 21, 2018

A bearish ‘death cross’ is forming in gold even as trade turmoil rattles stock market | June 21, 2018

Leading indicators up in May, still short of expectations | June 21, 2018

U.S. jobless claims fall; mid-Atlantic manufacturing slows | June 21, 2018

Russia Dumps Treasuries for Gold | June 21, 2018

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Thursday Edition: June 21, 2018

Gold Seeker Closing Report: Gold Dips While Silver Holds Steady Again
By: Chris Mullen, Gold Seeker Report
Gold dropped $8 to $1261.50 by a little after 8AM EST before it rallied back higher throughout most of trade in New York, but it still ended with a loss of 0.17%. Silver fell to $16.18 in Asia before it rallied to as high as $16.358 in early afternoon New York trade and then edged back lower into the close, but it still ended with a gain of 0.06%.

Ira Epstein's Metals Video 6 21 2018
By: Ira Epstein
Gold holds test to 1360 level.

Contrarians See Opportunity in Negative Sentiment
By: Stefan Gleason
Gold and silver markets entered this summer with sentiment toward the metals in something of a deep freeze. For several months, precious metals prices have gone essentially nowhere. No sustained rallies to attract momentum traders; no washout plunges to attract bargain hunters. The long, protracted stalemate between bulls and bears has frustrated metals investors and, frankly, bored the public.

Gold's Relative Strength Index Indicating a Bottom Is Here
By: Michael Ballanger
Today's missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning and while we have seen readings lower than this at other bottoming periods, it is time to open a 25% position in the GLD July $120 calls at $1.40, where I was filled shortly after the New York opening. I am now attempting to add a second 25% tranche at $1.50 with the current market $1.54.

Peter Bell and Mickey Fulp: Saskatchewan and Taiga Gold
By: Peter Bell and Mickey Fulp
Listen in on a conversation with Mickey Fulp, the Mercenary Geologist, and myself, Peter Bell. We discuss generators like Eagle Plains and current excitement around Taiga Gold Corp., which is a sponsor for Mickey's website.

Basic Materials Seem to Be on Sound Footing with Home Construction Boom
By: Frank Holmes
Thirty-year mortgage rates might have ticked up in the past 12 months, but for now that doesn’t seem to be weighing on new home demand. According to the Commerce Department, housing starts climbed to an 11-year high of 1.35 million units in May, a clear sign that the market has continued to improve following the subprime mortgage crisis a decade ago. This is constructive—pun fully intended—not only for the economy but also consumption of building materials, energy and resources.

Silver Could Provide Great Opportunity To Bank And Grow Stock Market Profits
By: Hubert Moolman
The relationship between silver and the Dow is such that significant Dow peaks are often followed by significant silver rallies. It is for this reason that silver can provide a great opportunity to bank Dow profits and even grow them much bigger.

Gold Close to its Downside Target
By: Przemyslaw Radomski, CFA
The decline in gold, silver and mining stocks continued yesterday, further increasing profits on our short position. But, since gold is already in the $1,260s, and our target area is $1,250 - $1,260, one should prepare for a nearby reversal. Indeed, one should be prepared, but it doesn’t mean placing an exit order just yet. Apart from the price moving closer to our target of $1,250 - $1,260, we haven’t seen significant bullish confirmations that would invalidate the bearish case.

Should Investors Worry about Trade Wars or Fed?
By: Arkadiusz Sieron
Gold’s reaction is quite puzzling. There was a flight to safety, as the U.S. dollar rose (and Treasury yields declined), but – as Chart 2 shows – the price of the yellow metal dropped below $1,280. Gold’s weakness in the face of global turmoil and investors’ worries is rather bearish and it could not be fully justified by the greenback’s strength.

How to Trade in Silver
By: Chintan Karnani, Insignia Consultants
Before I write anything on silver, I must admit that I have been a silver bull ever since I started analyzing silver. I continue to be a very long term silver bull. I am unfazed by silver’s bearish trend over the past few years. I personally invest only in physical silver. I like to trade in physical silver. I am against investing in a silver ETF or any metals ETF. I must thank my friends in Kucha Mahajani Delhi (the gold and silver market in the heart of delhi) for forcing me to analyze silver before MCX opened in India. I started analyzing gold only after MCX opened in India.

Russia Buys 600,000 oz Of Gold In May After Dumping Half Of US Treasuries In April
By: GoldCore
Russia adds another 600,000 oz to it’s gold reserves in May
Holdings of U.S. government debt slashed in half to $48.7 billion in April
‘Keeping money safe’ from U.S. and Trump – Danske Bank
Trump increasing the national debt by another 6% to $21.1 trillion in less than 18 months
Asian nations accumulating gold as shield against dollar devaluation and trade wars
Russia dumps Treasuries for gold and in a Trade war China and others may do the same …