TheDailyGold Premium Update #527

TheDailyGold #527, a 28-page update has been published. We cover our short-term views on the sector including what sentiment indicators are saying about Gold & Silver as well as the US Dollar. We provide updated comments on our holdings as well comments on a stock we are itching to buy and another company that is […]

Adam Taggart On Financial Repression – Negative Interest Rates And Capital Controls

The All-Out War On Savers (aka Financial Repression) “As we’ve written about often here at, those running today’s economy are doing their utmost to keep prudent savers like you from keeping their cash safely on the sidelines. They desperately want your savings pushed out into the economy so that their over-leveraged casino can continue […]

David Rosenberg: Biggest Influence On Financial Markets Will Be Demographics

“‘Nothing is more important than this if you are looking at what will fundamentally influence the financial markets for the next decade-plus’… is demographics.” LINK HERE to the article Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority. […]

Speculators Switch to Net Long Canadian Dollar Futures

Since the beginning of May the Canadian dollar has been the strongest of the major currencies. However, until the most recent CFTC reporting week ending July 18,  speculators in the futures market were net short.  The persistent buying has seen the speculative gross long position rise to 60k contracts (adding nearly 14k contracts during the […]

Overvaluation is NOT Due to Passive Investing

Photo Credit: Hagens_world || I want to buy 1% of all of the items there in one nice neat package! ============ There’s been a lot of words thrown around lately saying that indexing has been leading to overvaluation of the US stock market.  I’m here to tell you that is wrong.  I have two reasons […]

Horror at a New York Art Gallery

This post Horror at a New York Art Gallery appeared first on Daily Reckoning. Lolling about in the upmarket precincts of New York’s SoHo district recently, we chanced upon a ghastly scene… A young, voguish couple in an art gallery… at close quarters with a square of canvas on the wall. On that canvas was […]

Fine Art’s Worth More Than Its Weight in Gold

This post Fine Art’s Worth More Than Its Weight in Gold appeared first on Daily Reckoning. I believe fine art has a place in investors portfolio. I do a lot of work for the U.S. intelligence community, trying to thwart terrorist finance and transnational actors, as we call them. This includes money laundering, smuggling and […]

Dollar Slide Continues

The US dollar lost ground against all the major currencies, save sterling, over the past week, and also fell against most emerging market currencies.  There is little from a technical or fundamental perspective, including next week’s FOMC meeting, that suggests a reversal is at hand. Investors accept that the US economy rebounded in Q2 from […]

Book Bits | 22 July 2017

● Rethinking the Economics of Land and Housing By Josh Ryan-Collins, et al. Summary via publisher (Zed Books) Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this […]

5 Things I Look for in Exploration Companies

    Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies.     Management has a track record and experience. […]

Trump slump in dollar lifts gold price to 4-week high

On Friday, the price of gold finally caught up to a weaker US dollar lifting the metal to a four-week high. Gold futures in New York for delivery in August, the most active contract, touched a high of $1,255.90, in brisk trade of more than 23m ounces. Gold has clawed back $50 an ounce since […]

The “Chuck Prince Market” Redux — Only More Dangerous

This post The “Chuck Prince Market” Redux — Only More Dangerous appeared first on Daily Reckoning. [Urgent Note: David Stockman warns that the nation’s economy and a massive debt ceiling hangs in the balance as Wall Street’s peak bull stocks carry on. The economist is on a mission to send his new book TRUMPED! A Nation […]

Philippines plans new law to ensure responsible mining

* Duterte says miners pay “too little” in taxes * Duterte plans to meet miners, anti-mining advocates * Duterte seeks “fair arrangement” to benefit people (Adds comments from mining executive, former minister) Philippine President Rodrigo Duterte said on Friday the government will draft a new law for the country’s mining industry, which he said pays […]

Is it worth investing in palladium?

Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals. As the chart below shows, palladium has been generally cheaper than platinum – its more expensive substitute in industrial use and jewelry. Chart 1: The palladium to platinum ratio (red line, […]

Emerging Markets: What has Changed

(from my colleague Dr. Win Thin) South Korea proposed resuming military and humanitarian exchanges with North Korea. The European Union may sanction Poland over its controversial judicial overhaul. Turkish Prime Minister Yildirim announced a cabinet shuffle after meeting with President Erdogan. Turkey’s worsening relations with Germany will come with economic costs. South African Reserve Bank […]

July 21: Gold and Silver Gain Over 2% and 3% on the Week

Snippet:  Gold rose throughout most of world trade and ended near its midafternoon high of $1255.70 with a gain of 0.85%. Silver rose to as high as $16.522 and ended with a gain of 1.1%. Author(s):  Chris Mullen Please Note: There will not be any Gold Seeker Reports for the next few weeks. Friday, July […]

Toronto firm closing South African platinum mine

Toronto-based Atlatsa Resources is mothballing its Bokoni  mine in South Africa as part of a debt-cancellation and restructuring deal with joint venture partner Anglo American Platinum (Amplats), the world’s number one platinum group metals miners. Atlatsa, which owns 51% and manages Bokoni, said it will cease operations “as soon as reasonably possible” taking around 150,000 […]

COT Silver Report – July 21, 2017

Snippet:  COT Silver Report – July 21, 2017 Friday, July 21st <p class="MsoNormal" style="text-align: cente read more Source: SilverSeek Commentaries