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GoldCore
GATA
MoneyWeb (formerly Mineweb)
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Mish's Global Economic Trend Analysis
James Rickards
Jim Sinclair
Koos Jansen
Silver Doctors
TF Metals Report
Harvey Organ
SRSrocco Report
GoldSilverWorlds
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GoldCore

Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After Fed Turns Dovish - GoldCore Note Gold prices surged nearly 3% to a high of $1,385/oz, their highest in more than five years today after the U.S. Federal Reserve adopted a more dovish tone. The Fed signaled possible interest rate cuts this year which sent risk assets higher, U.S. Treasury yields and the dollar lower. Gold gains in dollars […] The post Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After F...

Gold Surges To All Time Record Highs At $1,974/oz In Australian Dollars - GoldCore Note Gold is lower in dollars today despite increasingly dovish signals from the Federal Reserve, ECB, Australian central bank and other central banks as economies slow. Gold has surged higher in Australian dollars again this week and reached a new all time record high in the Aussie dollar yesterday at $1,974/oz. This is due […] The post Gold Surges To All Time Record Highs At $1,974/o...

Gold Rises In All Currencies – Gains 1.6% To £1,079/oz In GBP, Near 7 Year High - GoldCore Note Gold prices have risen in all currencies today and especially in British pounds with gold having risen 1.5% to £1,078/oz. Concerns regarding the weak UK economy and Brexit fears continue to weigh on sterling. More loose monetary policies are making gold attractive again as are the elevated economic and geopolitical risks which are […] The post Gold Rises In All Currencies – Gains ...

GATA

Ambrose Evans-Pritchard: Currency war is next phase of global conflict and Europe, the chief parasite, is defenseless - By Ambrose Evans-Pritchard The Telegraph, London Wednesday, June 19, 2019 https://www.telegraph.co.uk/business/2019/06/19/currency-war-next-phase-... Europe has been warned. Any use of monetary levers to hold down the euro exchange rate will be deemed a provocation by the Trump administration. Further cuts in interest rates to minus 0.5 percent or beyond will be scrutinized for currency manipul...

Trump moves from trade war toward currency war - By Shawn Donnan, Rich Miller, and Katherine Greifeld Bloomberg News Wednesday, June 19, 2019 President Donald Trump has already given the global economy trade wars. Now there are signs he may be gearing up for a currency war too. With a series of tweets on Tuesday aimed at the European Central Bank and an announcement by Mario Draghi, its president, that he was prepared to cut interest rates fu...

China stockpiles gold while letting U.S. bond holdings slide - By Yusho Cho Nikkei Asian Review, Toyko Wednesday, June 19, 2019 SHANGHAI -- China reduced its holdings of U.S. government debt again in April even as Beijing's gold reserves continued to grow, diversifying away from the dollar as ties with Washington fray. The $7.5 billion dip on the month brought China's total Treasury stockpile to $1.11 trillion, down $90 billion from the most recent peak in...

Robert Lambourne: BIS' activity in gold market continues to diminish - By Robert Lambourne Tuesday, June 18, 2019 The statement of account for May 2019 of the Bank for International Settlements, published this week, indicates that the bank is still trading gold swaps, which the bank uses to gain access to gold held by commercial banks. But the statement indicates that bank's recent activity in the gold market is much reduced from its activity during the second hal...

Obviousness of gold smashes signifies desperation, GATA chairman says - 11p ET Tuesday, June 18, 2019 Dear Friend of GATA and Gold: Smashes of the gold price when it approaches $1,350 have become so obvious as to signal that the gold cartel is desperate to defeat demand for the monetary metal, GATA Chairman Bill Murphy tells Dunagin Kaiser of Reluctant Preppers today. Murphy also answers questions from the Reluctant Preppers audience. The interview is 27 minutes lo...

MoneyWeb (formerly Mineweb)

Gold stocks in SA set pace for best year since 2005 - Gold Fields is the best performing stock, up 55% this year.

Gold spikes to more than 5-year high as Fed signals ready to cut - The US Fed's dovish tone weighs on the greenback, but gold prices swing into positives.

Gold jumps to more than 5-year high as Fed signals ready to cut - The metal continues rally begun in May, as investors seek havens amid slowing global growth.

Iron ore, gold surge propel SA miners to 11-year high - Anglo American, BHP and AngloGold Ashanti have contributed most to this year’s 28% advance in the mining sector.

Gold stocks’ best Johannesburg rally since 2008 ends abruptly - Stronger rand reduces appeal for the stock.

Gold seen hitting six-year high as global markets outlook dims - Bullion may touch $1 400 an ounce this year as investors hedge risk.

Nation built on gold loses its African crown to rival Ghana - SA's gold output is shrinking as operators capitulate to stubbornly high costs, regular strikes and the geological challenges of tapping the world’s deepest mines.

SA turns unlikely haven as gold’s rally boosts stocks - Gold rally may cushion trade war impact on South Africa.

Investors stampede into gold as top ETF jumps most since 2016 - US-China trade war, signs of a slowdown, and speculation the Fed will cut rates combine to fan demand.

Gold climbs as Trump’s move on Mexico shows ‘no country is safe’ - Trump said that he would impose a 5% tariff on Mexican goods, effective June 10.

Zero Hedge

Most Income Investors Are Picking Up Nickels In Front Of A Steam-Roller - Authored by Jared Dillian via RealInvestmentAdvice.com, Income investing is hard. Let’s say you buy 20 bonds. Each of them yields 5%. Nineteen out of 20 mature at par and you get your money back, with interest. One of them defaults. You are back where you started! It is said that income investing is a negative art. Your goal isn’t to pick the winners—it’s to avoid the losers. You want to pi...

Senate Blocks Arms Sales To Saudi Arabia In Bipartisan Trump Rebuke - The Senate voted on Thursday to block billions of dollars of armaments to Saudi Arabia in what the New York Times described as a "sharp and bipartisan rebuke of the Trump administration's attempt to circumvent Congress" by declaring an emergency over Iran.  In the first of a series of three back-to-back votes, Republicans joined Democrats to register their growing anger with the administrat...

Quadriga Founder Siphoned Customer Coins Into Personal Accounts On Other Exchanges - Authored by Marie Huillett via CoinTelegraph, The deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX was allegedly transferring user funds off the exchange and using them as a security for his own margin trading on other platforms. image courtesy of CoinTelegraph The news was revealed in the fifth report from court monitor Ernst & Young (EY), filed on June 19 with the Su...

"We Don't Need Another Apology": Congressional Hearing Erupts In Boos As Black Student Trashes Reparations Bill - Nothing infuriates the left like listening to a minority express a conservative opinion. And so it was on Wednesday when a black student who was descended from slaves who worked on Thomas Jefferson's Monticello plantation said he opposed the idea of reparations, saying "the people who are owed for slavery are no longer here" and "we are not entitled to collect on their debts."  Quillette write...

Trump: "You'll Soon Find Out" If US Attacks Iran; Stocks Slide - Update 2: In his clearest threat yet, President Trump replied "you'll soon find out" when asked whether the US would attack Iran. In remarks to the press, Trump reiterated that Iran made a "very bad" mistake, and insisted that the drone was in international waters. Though it seems like that ship has already sailed, the UN has warned the US and Iran to refrain from any actions that might "infla...

US Steel Plants Are Going Idle, But The Fed Perpetuates The Myth That Everything Is Just Fine - Authored by Michael Snyder via The Economic Collapse blog, Even though there is a tremendous amount of evidence to the contrary, the Federal Reserve continues to insist that the U.S. economy is in good shape.  On Wednesday, Federal Reserve Chair Jerome Powell told the nation that “the economy has performed relatively well” in 2019 and he insisted that “the baseline outlook is a good one.”  ...

Libor Tumbles The Most Since May 2009 - Having been headfaked by Powell in the fourth quarter of 2018 - along with every other asset class - when 3M USD Libor rose from 2.300% to 2.800%... ... Libor has staged a dramatic reversal, largely following the path taken by the effective fed funds rate after the Fed's dovish reversal, and on Thursday it was fixed lower by 4.3bps, the largest drop since May 2009, falling to 2.34313% from 2...

FBI Ignored Repeated Warnings That Manafort 'Black Ledger' Might Be Fake - Just when you thought the Steele dossier was the only piece of "garbage" intel the FBI relied on in its efforts against the Trump campaign, The Hill's John Solomon reveals that Ukrainian officials thought Paul Manafort's "black cash ledger" was likely a fake which should not be relied on.  The ledger, which was reported in 2016 and resulted in Manafort's resignation from the Trump campaign, ...

These Statistics Show Why The Status Quo Is Failing Most Americans - Authored by Isaiah Poole via OpenDemocracy.net, The rise of Donald Trump is a symptom of a systemic crisis that has been building up for decades... Presidential campaigns are referendums on the economic status quo, but rarely offer more than superficial assessments of how much the status quo should be patched or tweaked in order to win the grudging support of a political majority. Candidate...

Global Negative Yielding Debt Hits Record $12.3 Trillion - Somewhere, SocGen's permabearish strategist Albert Edwards is dancing a jig, as every day that passes bring us every closer to his trademark "Ice Age." One week after the universe of negative yielding debt regained its prior high of $11.7 trillion, overnight - thanks to the dovish capitulations by both the ECB and Fed - the notional value of global sovereign debt with a minus yield sign jumped...

MishTalk

Rory Stewart Knocked Out of Tory Leadership With Fewer Votes Than Yesterday - The leadership race will narrow to two candidates tomorrow: Johnson vs Gove or Hunt. It won't matter. Johnson will win.

Fed Leaves Rates Unchanged as Expected, Dot Plot of Future Policy Splits - The dot plot of future expectations has split into two camps: Those who expect the status quo and those who see cuts.

Italian Government has €50 Billion Unpaid Bills: Proposed Payment? The Mini-BOT - Economists are discussing the merits or lack thereof of Italy's proposed Mini-BOT currency.

Facebook's Crypto Proposal Triggers Fury in Congress: Bitcoin Fans Take Note - Republican and Democrat lawmakers demand hearings and a moratorium on Facebook's "Libra" cryptocurrency proposal.

Student Loan Debt Climbs to Record High $1.4 Trillion in 2019 - Want to know what's holding back housing and family formation? Look no further than student loans.

James Rickards

The Perfect Storm - This post The Perfect Storm appeared first on Daily Reckoning. Any one of these storms would create enough uncertainty for investors to sell stocks, raise cash and move to the sidelines. The combination of all three will make them run for the hills”... The post The Perfect Storm appeared first on Daily Reckoning.

Rickards: “Perfect Storm” Is Coming - This post Rickards: “Perfect Storm” Is Coming appeared first on Daily Reckoning. “Unfortunately, a political and market perfect storm is now on the way and may strike as early as Halloween 2019”... The greatest thing to fear is the lack of fear... The post Rickards: “Perfect Storm” Is Coming appeared first on Daily Reckoning.

If Gold Was Just a Barbarous Relic… - This post If Gold Was Just a Barbarous Relic… appeared first on Daily Reckoning. Russia’s deeper purpose for accumulating large amounts of gold... “The dollar’s days as the leading reserve currency are numbered”...  The post If Gold Was Just a Barbarous Relic… appeared first on Daily Reckoning.

Jim Sinclair

Jim’s Mailbox - Jim, Had readers listened to you and Bill on Saturdays talks they would have known this was coming. Dave “The Dollar Is Becoming Toxic” – Russian Intel Chief Slams “Aggressive, Unpredictable” US Behavior June 19, 2019 With the latest TIC data showing China following Russia’s lead and reducing its US Treasury exposure (to two-year lows),... Read more » The post Jim’s Mailbox appeared first on J...

In The News Today - Bill Holter’s Commentary You want real news? THIS is real news! They’re Calling It A “Bloodbath” For The $800 Billion Trucking Industry As US Economy Collapses June 19, 2019 Authored by Michael Snyder via The Economic Collapse blog, The U.S. trucking industry has not experienced a downturn of this magnitude since the last financial crisis, and this... Read more » The post In The News Today app...

New Gold Bull Run Already Started – Gerald Celente - By Greg Hunter’s USAWatchdog.com Top trends researcher Gerald Celente says global central banks are just helping the richest people on the planet and have not saved the economy. Celente says, “They didn’t teach us this stuff in economics 101 or in graduate school, they made this crap up. For example, quantitative easing, you mean buying corporate... Read more » The post New Gold Bull Run Alrea...

Koos Jansen


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Silver Doctors

Peter Schiff: It’s OFF TO THE RACES When Gold Gets Above $1375 - The Fed readies the markets for a July interest rate cut, and for gold, it’s off to the races… by Peter Schiff of Peter Schiff Podcast Fed Tweaking Language to […] The post Peter Schiff: It’s OFF TO THE RACES When Gold Gets Above $1375 appeared first on Silver Doctors.

Capitalism Is Broken And The Central Banks Can Only Blame Themselves - The banks are too far gone in sin to turn back now… by Brian Maher of The Daily Reckoning The announcement came rolling from the Eccles Building at 2 p.m. […] The post Capitalism Is Broken And The Central Banks Can Only Blame Themselves appeared first on Silver Doctors.

Bill Murphy: There Are Signs The Manipulation IS ENDING NOW! - There are lots of signs suggesting the manipulation is ending, and now, it all hinges on one single thing. Bill explains… Bill Murphy interviewed on Reluctant Preppers Overt smackdowns of […] The post Bill Murphy: There Are Signs The Manipulation IS ENDING NOW! appeared first on Silver Doctors.

* * BREAK-OUT: Gold To $1397…Silver Surges * * - Thursday morning update: Silver continues its move higher, and the US dollar… UPDATE IV (10:00 a.m. EST, Thursday, June 20th) Silver continues it’s move higher post-FOMC: Notice the dollar isn’t […] The post * * BREAK-OUT: Gold To $1397…Silver Surges * * appeared first on Silver Doctors.

June FOMC: What Does The Fed’s Interest Rate Decision Mean For Gold & Silver? - Grab your popcorn… Wipe off that keyboard and turn up the volume, because we want you to be part of the best live coverage around! This is an open forum […] The post June FOMC: What Does The Fed’s Interest Rate Decision Mean For Gold & Silver? appeared first on Silver Doctors.

Fund Manager: Might Take A Debt Jubilee For All Households For Fed To Save Economy - The Fed is running out of bullets, and it looks like MASSIVE money printing is coming up next. Dave Kranzler explains… by Dave Kranzler of Investment Research Dynamics “The latest […] The post Fund Manager: Might Take A Debt Jubilee For All Households For Fed To Save Economy appeared first on Silver Doctors.

Buy Gold For $3 An Ounce? - “When Wall Street goes bargain hunting, it’s looking for discount gold.” This is a sponsored article from Oilprice.com What Wall Street knows as an incontrovertible truth is this: Fear is […] The post Buy Gold For $3 An Ounce? appeared first on Silver Doctors.

Craig Hemke: What To Expect From The Fed - “gold and silver prices will rally. At present, COMEX gold is…” by Craig Hemke via Sprott Money News While predicting the future is always difficult, particularly when it comes to […] The post Craig Hemke: What To Expect From The Fed appeared first on Silver Doctors.

TF Metals Report

Breakout? - By TF 29 Comments | 4 Likes Maybe. Probably. But, in the end, it doesn't matter much as price was/is going to finally break out this year anyway as 2019 continues to unfold in a manner that closely resembles 2010. So, anyway, by now you know what took place overnight so there's no BREAKING NEWS here. At around 9:00 pm EDT, three things happened: Asia began to open and they bought US bon...

An Update From Batchelor and Cohen - By TF 2 Comments | 3 Likes It has been three weeks so I'm dying to listen to this latest edition. However, it has been such a busy day that I have to post this "sound unheard". As always, I encourage you to listen simply so that you receive some actual fair, balanced and objective coverage of US-Russia relations and The New Cold War. TF

Pre-Powell Hat Contest - By TF 158 Comments | 7 Likes There's not much else to fill up space before 2:00 pm ET today so let's go with the old standby...a Hat Contest! Just kind of throwing this together at the last minute so let's not make it complicated. Your entry will be the sum total of: the shitco closing spot price for gold on FRIDAY the shitco closing spot price for silver on ...

Harvey Organ

June 19/FOMC DOVISH BUT DO NOT CUT RATES//GOLD DOWN $1.65 COMEX/COMEX CLOSE BUT JUMPS 16 DOLLARS ON THE DOVISH FED//ACCESS PRICE GOLD: $1360.50//SILVER CLOSES DOWN 3 CENTS BUT JUMPS 16 CENTS IN ACC... -   GOLD: $1345.15  DOWN $1,85 (COMEX TO COMEX CLOSING) Silver:  $14.98 DOWN 3 CENTS  (COMEX TO COMEX CLOSING)//   Closing access prices: Gold : $1360.50   silver:  $15.16           COMEX DATA     JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping) today RECEIVING 8/19 EXCHANGE: COMEX CONTRACT: […]

SRSrocco Report

FINALLY… GOLD BREAKS OUT THROUGH KEY 5-YEAR RESISTANCE LEVEL - After five long years, the gold price has finally broken through a key resistance level and is now heading towards $1,400.  When the Fed announced possible rate cuts starting in July, after the market closed, the gold price shot up and continued higher during Asian trading.  If gold closes above $1,400 by the end of...

Global Economy Propped Up By U.S. Shale Oil Ponzi Scheme - Few analysts realize that for the past decade, the global economy has been propped up by the U.S. Shale Oil Ponzi Scheme.  Without the huge increase in U.S. shale oil production, the global economy would have peaked and collapsed into a severe depression.  And according to the new data put out in the 2019 BP...

Top Primary Silver Miners Average Yield Falls To Record Low - The top primary silver miners in the world saw their production yield fall to the lowest level ever in 2018.  Since 2005, the average yield from the top silver miners has fallen nearly in half.  And along with rising oil prices, has pushed up the total cost to produce silver by an additional $10 an...

GoldSilverWorlds

Silver Market Alert: Powerful Bullish Setup Takes Shape - The silver market appears to be setting up for a big move. After spending this spring stair-stepping lower in a narrowing range, silver prices have formed a falling wedge pattern. That pattern usually resolves in a powerful directional breakout. The good news for bulls is that falling wedges usually break out to the upside. Commercial hedgers and bullion banks (i.e., “smart money”) in the silve...

Silver Sentiment: Is It (Your) Friend or Foe? - The gold and silver bull markets have been on a roller coaster ride for almost two decades. Gold came to life in 2000, with silver crawling along between $4 and $5 until late 2003, making its first print above $10 in March 2006. The next two years saw the last part of a 400% up-move for those who “kept the faith,” before silver dropped below $9 during the 2008 global financial meltdown. Then it...

XAUUSD price testing major support level, cautious bulls wait - The pair XAUUSD sharply fell in the global market after hitting the major resistance level at 1366.037. The aggressive price action traders made a decent profit by shorting the XAUUSD pair with the bearish pin bar. However, the pair found some decent support at 1160.495 and started its bullish correction. The bulls managed to take control of the market from that level and pushed the pair toward...

King World News

3 Of The Greats Weigh In On Gold’s Surge Toward $1,400! - 3 of the greats just weighed in on gold's surge towards $1,400! The post 3 Of The Greats Weigh In On Gold’s Surge Toward $1,400! appeared first on King World News.

Peter Schiff Discusses Gold’s Spike To $1,395 - With gold on a tear, trading above $1,390 at one point in TOCOM trading, Peter Schiff had this to say... The post Peter Schiff Discusses Gold’s Spike To $1,395 appeared first on King World News.

Fed Decision And Gold’s Reaction Surge Above $1,390 - On the heels of the Fed decision, the price of gold has surged above $1,360. Here is what to expect next. The post Fed Decision And Gold’s Reaction Surge Above $1,390 appeared first on King World News.

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