by Dave Kranzler | Sep 8, 2017 | Financial Markets, Gold, Precious Metals
In the July 27th issue of the Mining Stock Journal, I discussed briefly the run-up in Novo Resources‘ stock (NSRPF, NVO.V). At that point the stock, which had gone parabolic, was trading at US$1.93 for a $225 million market-cap. In defiance of any type of fundamental...
by Dave Kranzler | Sep 6, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“There are folks that are saying you know what, I don’t care, I’m going to lock in my retirement now and get out while I can and fight it as a retiree if they go and change the retiree benefits,” he said. – Executive Director for the Kentucky Association of...
by Dave Kranzler | Sep 3, 2017 | Financial Markets, Gold, Precious Metals, U.S. Economy
It’s a strategic move swapping oil for gold, rather than for U.S. Treasuries, which can be printed out of thin air. – Grant Williams A report released by the Nikkei Asian Review indicates that China is prepared to release a yuan-denominated oil futures...
by Dave Kranzler | Sep 1, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I found it amusing that Mohamed El-Erian wrote an opinion piece for Bloomberg which asserted that gold is not much of a “safe haven these days.” His thesis was entirely devoid of material facts. His underlying rationale was that safe haven capital was...
by Dave Kranzler | Aug 29, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“There are no markets, only interventions” – Chris Powell, Treasurer and Director of GATA To refer to the trading of stocks as a “market” is not only an insult to any dictionary in the world that carries the definition of...
by Dave Kranzler | Aug 27, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I had not noticed until I looked mid-day today (Thursday, Aug 24th) and saw that the HUI index was above 200. It ended up closing just above 200. I want to see it hold above 200 dma and move higher from there before I get excited. But the chart has become mildly...
