Gold and Silver Mining Stocks Poker for a Late Fall Rally – Technical Analysis
Just over four months ago, I published “Minding the Gold Mining Stocks and GDX” on Jun. 7, followed by “Gold Mining Stock Poker and the Gold Bugs Index Breakout” on Jun. 23 and Part 2 on Aug. 21. A list of mining stocks to consider and their price performance are...
A Mashup on the National Debt, GDP, Velocity of Money, NIRP, and Gold
The U.S. national debt-to-GDP (Gross Domestic Product) ratio as of today’s 2.9% 3Q19 GDP report is 106.5%, otherwise known as bankruptcy if it were not for hegemony over the world’s reserve currency. As a side note, consumer consumption experienced a nosedive to 1.7%...
Virgin E-Trade Baby Goes Galactic on Space Tourism IPO
Virgin Galactic is making history with the first space tourism IPO launch on Earth. The new combined venture’s shares are slated to open on the New York Stock Exchange (NYSE) on Oct. 28 under the stock symbol $SPCE. Virgin Galactic and Social Capital Hedosphia ($IPOA)...
Breakout Calls from the Bleacher Seats is Premature – Silver Technical Analysis
The seasonality pattern for gold has been spot-on this year and silver is off by a week or so. Silver is currently in a window of opportunity where it might break above the price consolidation that has taken place since early September. There was no major change in...
Core Money: Gold and Silver’s Value Universe
I personally own precious metals because it's the sensible thing to do. With the national debts of all modern nations, from Australia to Japan, the entire continent of Europe, Canada, and the granddaddy of all debtor nations, my native U.S. of A. ballooning into the tens of trillions, it's not even an option to have only fiat digits in your asset portfolio. Educate yourself on the all-important attributes of precious metals investments!