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Monday, July 18, 2022

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Gold Miners Battle Great Expectations

Posted: 13 Jul 2022 09:55 AM PDT

Matthew Piepenburg: Paper gold price manipulation—rigged to fail

Posted: 13 Jul 2022 09:45 AM PDT

The current and open fraud regarding paper gold pricing in the COMEX has become as plain to see as the desperation spreading throughout the global financial system. As all markets — bonds, real-estate, stocks, crypto currencies, etc. — are unraveling in real-time all around us, we now have news revealing just how rigged the gold […]

The post Matthew Piepenburg: Paper gold price manipulation—rigged to fail appeared first on DollarCollapse.com.

Breaking News

Posted: 13 Jul 2022 08:03 AM PDT

Inflation rose 9.1% in June, even more than expected … Dow sinks 400 points on the back of June's hot inflation report … David Stockman: No, inflation is not rolling over … BlackRock is bracing for "persistent inflation" … Greyerz: We are headed into the final collapse Mises warned of … The Economy and Markets […]

The post Breaking News appeared first on DollarCollapse.com.

Gold Plunges, Silver Surges At Release Of NOT FAKE Inflation Report

Posted: 13 Jul 2022 05:37 AM PDT

Yesterday’s report was fake, but today’s is not, which is totally legit… (by Half Dollar) Psych! No, seriously: We're aware of a fake CPI release image circulating on Twitter. It […]

Gold & Silver Manipulation “Doesn’t Matter Anymore, It Is A Nothingburger”

Posted: 13 Jul 2022 04:18 AM PDT

“If they have been manipulating the price, why would you invest in precious metals?”… Steve St. Angelo of SRSrocco Report with Paul “Half Dollar” Eberhart Silver is in the teens, […]

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Paper Gold Price Manipulation—Rigged to Fail

Posted: 12 Jul 2022 05:00 PM PDT

The current and open fraud regarding the paper gold price in the COMEX market is now as plain to see as the open desperation in… by Matthew Piepenburg via Gold […]

The Fed Is Afraid of Inflation and Tightens Its Hawkish Stance: Bearish Implications For Gold

Posted: 12 Jul 2022 01:00 PM PDT

Gold will likely continue to fall in the near future, at least until… by Arkadiusz Sieron of Sunshine Profits The Fed gives no illusions: it will maintain its hawkish stance. […]

A Surge in Moonlighting Evidences Weakness Not Strength

Posted: 12 Jul 2022 09:00 AM PDT

Needing a second crappy job is not good news for the economy… by Peter Schiff of Peter Schiff Podcast · Dollar strengthened and gold tanked.· Needing a second crappy job […]

The Turn Up Is Not Far Away

Posted: 12 Jul 2022 05:00 AM PDT

There isn't much further to go on the downside in Silver based on the data… by David Brady via Sprott Money Despite all the bullish signals, precious metals and miners […]

Michael Snyder: Who is behind a series of “mysterious explosions” at natural gas facilities in the US?

Posted: 12 Jul 2022 01:39 AM PDT

by Michael Snyder on The Economic Collapse Blog: Are we under attack?  Previously, I have written about a series of very strange firesthat have occurred at key food production facilities in the United States this year.  Authorities insist that each one of those fires was an "accident", and maybe they are correct.  But now the […]

The post Michael Snyder: Who is behind a series of "mysterious explosions" at natural gas facilities in the US? appeared first on DollarCollapse.com.

Gold Stocks: Jobs Report & Key Chart Candlesticks

Posted: 11 Jul 2022 05:00 PM PDT

We need follow-through after the bull hammer… by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: trading@superforcesignals.com trading@superforce60.com Here are today’s videos […]

Why Is Silver Below $20?

Posted: 11 Jul 2022 01:00 PM PDT

Is now the time for precious metals? by David Morgan of The Morgan Report Why Is Silver Below $20? | https://www.themorganreport.com SmallCapSteve chats with David Morgan from The Morgan Report. We […]

Euphoric Dollar Slams Gold, Major Reversal Imminent

Posted: 11 Jul 2022 09:04 AM PDT

The resulting sentiment damage was severe, with traders now convinced gold is doomed to… by Adam Hamilton of Zeal LLC The euphoric US dollar rocketing stratospheric to extreme multi-decade highs […]

James Rickards: Welcome to 1984!

Posted: 10 Jul 2022 09:57 AM PDT

Central bank digital currencies (CBDCs) are coming even faster than many anticipated. The digital yuan is already here. Fed Chair Jay Powell said, "A U.S. CBDC could… potentially help maintain the dollar's international standing." A digital dollar, however, is still a dollar. A digital euro is still a euro. They are not crypto. They are not […]

The post James Rickards: Welcome to 1984! appeared first on DollarCollapse.com.

Egon von Greyerz: This implosion will be fast – hold onto your seats

Posted: 09 Jul 2022 06:20 PM PDT

The massive money creation in the 2000s has led to a debt and asset bubble, which is about to burst. Investors will be shocked by the speed of the decline and won't react before it is too late… by Egon von Greyerz on Gold Switzerland: The massive money creation by central and commercial banks in […]

The post Egon von Greyerz: This implosion will be fast – hold onto your seats appeared first on DollarCollapse.com.

Interview: Fed Shift & Gold Bottom Approaching

Posted: 06 Jul 2022 06:02 PM PDT

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to discuss what market data has him fairly certain that the last Fed rate hike will be at the coming July meeting, and why he feels now is the time to start accumulating the gold and silver mining stocks.

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Gold Stocks are Extremely Oversold

Posted: 01 Jul 2022 11:35 AM PDT


 

Gold stocks have broken down technically, but they are extremely oversold.

 

Let's start with GDXJ, which is rebounding today after testing support at $32.

 

The chart below plots GDXJ along with four breadth indicators, including new 52-week lows and a 50-day rate of change. The blue lines mark where the percentage of GDXJ stocks above all the moving averages is similar, and the red lines mark where the percentage of GDXJ stocks above only the 20-day and 50-day moving averages are identical.

 

GDXJ is arguably the most oversold or the second most oversold (Covid crash) in the last six years. When the market is this oversold, it typically enjoys, at worst, a decent rebound.

Meanwhile, the HUI Gold Bugs Index looks similar. It traded as low as 216 Friday, which is less than 5% from strong support. 

 

No HUI stocks are trading above the 20-day, 50-day, and 200-day moving averages, and yesterday 48% of GDX stocks (all HUI stocks are in GDX) made a new 52-week low. In the last six years, the only time new 52-week lows spiked that high were at the 2018 and 2020 (Covid crash) bottoms. 

The macro is also lining up in Gold’s favor as the 2-year yield plunged to as low as 2.72% this morning, inflation expectations have rolled over, and the Atlanta Fed model shows we are in a recession. The market is now aggressively pricing in rate cuts in 2023.

 

Later this month, the Fed will likely take rates up to 2.50% to 2.75%. Should the 2-year yield and inflation expectations continue to fall, this will certainly be the Fed’s final rate hike. It makes sense that precious metals would bottom right before the last rate hike.

 

Now is the time to be a buyer of weakness. 

 

I continue to focus on finding high-quality juniors with at least 5 to 7 bagger potential over the next few years. 

Periodically I will publish and update a list for subscribers of my favorite stocks with at least 10-bagger potential. To learn the stocks we own and intend to buy, with at least 5x upside potential after this correction, consider learning more about our premium service. 

Mining Co. Creates Value for Investors Via Several Assets

Posted: 29 Jun 2022 01:00 AM PDT

MAG Silver Corp. offers a robust exploration pipeline, in addition to its project in Mexico that is close to reaching commercial production, noted a PI Financial report.

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Gold Mining Firm Is the 'Poster Child of Prospect Generators'

Posted: 25 Jun 2022 01:00 AM PDT

The Critical Investor looks into the latest drill results of this junior miner at its Regnault target, which could be very close to 1 Moz gold now.

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Gold Co. Engaging in Resource Estimate With Apex Geoscience for Latest Project

Posted: 23 Jun 2022 01:00 AM PDT

Expert Michael Ballanger goes over the latest news with Getchell Gold Corp. The gold-copper exploration company has announced that they will be working with Apex Geoscience Ltd. to conduct a resource...

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Putting November Behind Us

Posted: 30 Nov 2020 07:26 AM PST

By TF

33 Comments | 25 Likes

What a terrible month November ended up being. After looking great on November 6, the Pfizer news of November 9 was used as cover to completely reverse the break out and now we're down $200 in Comex gold and $4 in Comex silver in the three weeks since. I've seen reports today that this will make November the worst month for Comex gold in four years. That sounds about right. It certainly feels...

Desperate Times

Posted: 27 Nov 2020 06:45 AM PST

By TF

49 Comments | 19 Likes

It's the day after U.S. Thanksgiving. It's a Friday with holiday-shortened trading hours. Generally light volume as traders take a 4-day weekend and most folks are out shopping or watching football. The dollar index is down a few pennies and still under 92. The bond market is rallying a little with the 10-year note yield back down to 86 basis points. So, naturally, we all should expect Comex...

TFMR Podcast - Tuesday, November 24

Posted: 24 Nov 2020 02:32 PM PST

With TF

45 Comments | 28 Likes

Another day, another price smash designed to coerce and dissuade all parties from standing for December delivery. If you don't quite understand what I mean, please be sure to give this podcast special attention today.

As discussed this morning, that highly unusual purchase and delivery of 8.25 metric tonnes of Comex gold valued at $500,000,000 may have been what set off this overt...

SPECIAL PODCAST: Dr. Quinton Hennigh of New Found Gold Corp.

Posted: 24 Nov 2020 01:07 PM PST

With TF

9 Comments | 9 Likes

On Monday, I finally had a chance to visit with Dr. Quinton Hennigh. Many of you know Dr. Hennigh as the president of Novo Resources but he's also a technical advisor and board member to a promising new company called New Found Gold. Take my word for it. You want to listen to this podcast.

I've been wanting to connect with Dr. Hennigh for quite some time as I am a long-term holder of...

Another Liquidation Event

Posted: 24 Nov 2020 07:46 AM PST

By TF

75 Comments | 33 Likes

It appears that there is no longer any reason at all to own gold in any form. Didn't you hear that there's now a Covid vaccine and that the Biden/Yellen combo will solve all future debt and deficit issues? So, sell it all and buy stocks and Bitcoin...at least that's what The Banks hope you do.

What a truly exasperating past few weeks this has been. Of course I know that price...

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