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Friday Edition: July 19, 2024

Gold Stocks to Overshoot

Gold miners are about to report their best quarterly results and fattest profits ever, fueling institutional buying.

Gold At All Time High, Silver At $30. Now What?

Is it just Fed rates and presidential results, driving the gold price? Short-term, quite possibly. Long-term no.

The Bloom is off the Rose for this Economy (and the Sunflower Ain't so Sunny either)

The labor market's brief drop in unemployment was a head fake, with rates now rising above the Sahm Rule's threshold, indicating an imminent recession.

Asian Metals Market Update for 19th July 2024

I am not calling this week’s fall in gold and silver a bearish trend. This is just a correction and nothing else. Sector-wise position squaring and rebuilding is there.

Thursday Edition: July 18, 2024

If You're Going to Take a Bribe (You Shouldn't), at Least Get Gold

Here’s the kicker – gold holds its value and even appreciates over time. Unlike the $480,000 in cash Menendez received, the gold is worth a lot more today than it was then.

The Ascendance of Sociopaths in U.S. Governance

Now, I believe, it’s out of control. The U.S. is already in a truly major depression and on the edge of financial chaos and a currency meltdown.

The Move in Gold Stocks is Just Starting

In other words, Gold led the move from $2100 to $2400; now, miners can lead the move from $2400 to $3000.

Is Today's Market Mania a Mega Meltdown?

All along the way, I’ve said, “No cut! No pivot!” Now, at last, we MAY be getting closer to when the Fed will cut. I haven’t quite decided if this is the turning point or not.

Wednesday Edition: July 17, 2024

Should I Buy Silver Miners? David Morgan Explains

Now, demand for silver is climbing. And there is a supply shortage. But with narrow margins, times are tough for silver mining companies, even with silver at $30.

Putting the National Debt Into Perspective We Can All Understand

According to the National Debt Clock, every American citizen would have to write a check for $103,565 to pay off the national debt.

Stocks Soar for Economy in Doldrums

Powell has ultimately held out on rate cuts as I was certain he would, but the market keeps cutting him grace and rising anyway. Now, I’m not as sure that Powell will hold out.

Indian Gold Demand Expected to Support Extended Gold Rally

India's solid gold demand shows a trend of gold flowing from West to East. While investment demand in Europe and North America remains tepid, investors in Asia are eagerly buying gold.

Gold Stock Bears: Should They Retire?

The bottom line: There will be bumps in the gold bull era road, but gold bugs in the West likely have 36 years of very happy times ahead.

Tuesday Edition: July 16, 2024

GoldSeek Radio Nugget - Alasdair Macleod: Currency Collapse, Gold & Silver Investment Strategy

Macleod discusses how paper currencies are failing, leading Asian countries to consider a gold standard. He suggests that silver may rise faster than gold as a strategic investment.

Fortitude Gold Reports Preliminary Second Quarter Production

The company reports preliminary production results for the second quarter ended June 30, 2024, of 4,150 gold ounces.

Canadian Gold Exports to China Surge in Another Sign of Gold Flowing from West to East

There is no sign that the Asian love affair with gold is going to end any time soon. That means a continued flow of gold from the West to the East.

Silver is Very Close to a Sustained Multi-Year Rally

Gold is one of the most reliable and accurate financial measures one can use. Historically, the Dow/gold ratio has provided a very good signal for silver bear and bull market cycles.

Uganda Joins Growing Number of African Countries Turning to Gold

The growing movement toward gold in Africa underscores an important truth: while fiat currencies come and go, gold has remained a trusted money for over 5,000 years.

Gold SWOT: Uganda Plans to Start Domestic Gold Purchases to Build Forex Reserves

Gold was the best performing precious metal this week, up 0.78%. Uganda plans to start domestic gold purchases to build up its foreign exchange reserves.

Ira Epstein's Metals Video

The pattern is a stepping ladder to the upside. So, the trend is intact until you take out the lows of this day: $2396.10.

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