Gold / Finance

After all is said and done. . .

Dec 30 5:44pm
. . .and after everything’s been stacked and counted, here is the final tally on the primary investment markets for 2016: Crude Oil –– +31\% Silver –– +15.2\% Commodities –– +11.6\% Dow Jones Industrial Average –– +11.5\% Gold –– +8.7\% … Continue reading →...
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The Daily Market Report: Gold ends the year with more than an 8% gain

Dec 30 5:05pm
30-Dec (USAGOLD) — Gold is mildly defensive on the last trading day of the year, retracing a portion of Thursday’s solid gains. Nonetheless, the yellow metal appears poised to notch its first positive annual performance in four-years. At this point it … Continue reading →...
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5

Metals sell off at year end

Dec 30 4:27pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 30 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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5

Political risk means all 2017 investment bets are off

Dec 30 1:42pm
Financial Times/Gillian Tett/12-30-16 “Most notably, 2016 was the year when western markets were rocked by political shocks almost as startling as anything seen recently from the emerging markets world. In 2017 investors will probably confront even more political risk in … Continue reading →...
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6

Gold set to snap three-year losing streak with 9% gain

Dec 30 10:31am
Reuters, via CNBC/12-30-16 “Gold hit a two-week high on Friday on a weaker dollar and was set to close 2016 more than 9 percent higher, snapping three years of declines. …Silver, up 0.2 percent at $16.18, was on track to … Continue reading →...
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Morning Snapshot: Gold backs off of near 3-week highs

Dec 30 9:19am
30-Dec (USAGOLD) — Gold has retreated modestly in the wake of yesterday’s solid gains, even as the dollar remains under pressure. With only Chicago PMI on the calendar and a long holiday weekend ahead, trading is likely to be subdued. … Continue reading →...
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Bloomberg survey of 26 analysts says gold could rise 12% in 2017

Dec 30 9:13am
Bloomberg/Eddie Van Der Walt, Luzi-Ann Javier, and Ranjeetha Pakiam/12-30-2016 “While the precious metal has always been hoarded in times of trouble, a bevy of political and economic surprises in 2016 sparked a surge in buying that sent bullion to the … Continue reading →...
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5

Short covering will leave gold with gain going into 2017

Dec 29 3:55pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 29 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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2

The Daily Market Report: Gold jumps more than 1%

Dec 29 2:27pm
29-Dec (USAGOLD) — Gold has surged by more than 1\% ahead of the new year, buoyed by a softer dollar and the loss of upside momentum in the stock market this year. The much ballyhooed Dow 20,000 level remains elusive this … Continue reading →...
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4

Gold Oversold: Due A Price Reversal

Dec 29 11:56am
LawrieOnGold/Frank Holmes/12-29-16 “As you can see in the oscillator below, gold is now down more than two standard deviations from its mean, or average, dollar amount. The reason I show you this is because, in the past, this was a … Continue reading →...
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Gold jumps to more than 2-week high of 1156.72, buoyed by dollar softness and eroding risk appetite into year-end.

Dec 29 11:31am
Zerohedge reports that 30,000 futures contracts ($3.5 bln notional) were bought into the European close.
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4

Gold rises as the dollar and US bond yields decline

Dec 29 10:05am
Reuters via CNBC/12-29-16 “Gold is not out of the woods yet but yields are a bit lower and the dollar is weaker, especially against the yen and yen-gold has showed a phenomenal correlation since the U.S. election,” SaxoBank head of … Continue reading →...
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Morning Snapshot: Gold firms as dollar slips

Dec 29 9:16am
29-Dec (USAGOLD) — Gold is edging higher, buoyed by a softer dollar and a bit of a bounce in the euro. Nonetheless, the Italian banking crisis — centered on Monte de Paschi — continues to develop. With the ECB and … Continue reading →...
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Ira Epstein's Metals Video 12 28 2016

Dec 28 4:44pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 28 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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5

Gold as a percentage of global financial assets

Dec 28 4:21pm
Gold Eagle/Vronsky/12-23-2016 “In 2014 Total Global Assets Topped $105 TRILLION (i.e more than $105,000,000,000,000) An astronomical amount by any standards. Interestingly, only a small fraction of this monumental amount has been allocated to gold investments.” MK note:  Old friend, Vronsky, … Continue reading →...
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4

Germany says Italy must stick to European rules on Monte Paschi

Dec 28 4:11pm
Reuters/12-28-16 “He also said a precautionary state recapitalization of banks can only be part of a solution in exceptional cases and under strict conditions and that owners and creditors must be among the first to suffer losses. The bank must … Continue reading →...
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The Daily Market Report: Gold Underpinned Despite Continued Dollar Strength

Dec 28 2:33pm
28-Dec (USAGOLD) — Gold is maintaining a consolidative tone around the 1140 level. Price action is being constrained by thin holiday trading conditions and persistent dollar strength. However, the dollar strength is really more about euro and sterling weakness. The former … Continue reading →...
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Trumps policies may be Reagan-like, but the economys not, says former Reagan economist

Dec 28 2:31pm
CNBC/Elizabeth Gurdus/12-28-2016 “‘We’ve got a year coming here where the labor price pressure is pushing though into product prices [and] inflation numbers are up. That’s why you see the bond yields up, because inflation’s coming around,’ said Rutledge.” MK note: … Continue reading →...
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12

Corporates lead surge to record $6.6tn debt issuance

Dec 28 11:05am
Financial Times/Eric Platt/12-27-16 “Companies accounted for more than half of the $6.62tn of debt issued, underlining the extent to which negative interest-rate policies adopted by the European Central Bank and the Bank of Japan, as well as a cautious Federal … Continue reading →...
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4

Gold futures try for two-week highs even as dollar gains

Dec 28 9:13am
MarketWatch/Rachel Koning Beals/12-28-16 “Gold futures squeezed out a narrow gain Wednesday, enough to keep the contract flirting with two-week closing highs, even as the dollar also firmed. …For 2016, gold and silver are still poised for their most robust gains … Continue reading →...
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3

Morning Snapshot: Gold steady, weighed by renewed dollar gains

Dec 28 9:03am
28-Dec (USAGOLD) — Gold is little changed this morning, despite renewed strength in the dollar. The dollar index is pressuring the recently established 14-year highs as both the euro and sterling fall. As British markets reopen after the long holiday … Continue reading →...
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These Resource Sectors Will Soar in 2017

Dec 28 3:00am The Gold Report - Streetwise Exclusive Articles
A perfectly timed opportunity and a deep-value contrarian speculation are setting up in the resource sector, says Lior Gantz, an editor at Wealth Research Group.
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Year-End Spinoff and Merger Updates

Dec 28 3:00am The Gold Report - Streetwise Exclusive Articles
Money manager Adrian Day comments on Yamana Gold's spinoff purchase rights and the American Capital/Ares Capital merger.
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Gold Price Closed at $1137.30 Up $5.40 or 0.48%

Dec 27 7:14pm Silver and Gold Prices
27-Dec-16PriceChange\% ChangeGold Price, $/oz1,137.305.400.48\%Silver Price, $/oz15.930.231.43\%Gold/Silver Ratio71.398-0.679-0.94\%Silver/Gold Ratio0.01400.00010.95\%Platinum903.30-10.90-1.19\%Palladium674.3018.952.89\%S&P 5002,268.875.080.22\%Dow19,945.0411.230.06\%Dow in GOLD $s362.53-1.52-0.42\%Dow in GOLD oz17.54-0.07-0.42\%Dow in SILVER oz1,252.12-17.22-1.36\%US Dollar Index103.010.060.06\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower...
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2

Metals work higher today

Dec 27 4:00pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 27 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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2

The Daily Market Report: Gold Gives Back Much of Overseas Gains After Consumer Confidence Beat

Dec 27 3:16pm
27-Dec (USAGOLD) — Gold rebounded in overseas trading, reaching a one-week high of 1150.96 before retreating back into the range. Gains were initially capped by persistent dollar strength, but today’s better than expected consumer confidence number perpetuated the risk-on environment that … Continue reading →...
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Silver could be new gold; prices may rise 20% in 2017

Dec 27 12:24pm
Economic Times/12-27-2016 “Commodity experts and bullion traders feel that silver can trump gold in coming months as demand for the metal is increasing for solar panels and electronics sector. Demand for silver is increasing in the home décor and fashionable … Continue reading →...
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2

Gold Prices Rise as Investors Bet on Inflation

Dec 27 12:16pm
The Wall Street Journal/Ira Iosebashvili/12-27-16 “We still think you should not count out gold,” said George Gero, managing director at RBC Capital Markets, in a note to clients. “Most of the dollar strength has been discounted, and inflation eventually may … Continue reading →...
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2

Gold ticks higher in light trade after holiday weekend

Dec 27 9:14am
Reuters/Swati Verma/12-27-16 “People are just watching the other markets like dollar and stock markets and kind of expecting the stock market and financial market to be good under Trump government. In that case, people don’t need gold and instead invest … Continue reading →...
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Morning Snapshot: Gold higher, despite persistent dollar strength

Dec 27 9:06am
27-Dec (USAGOLD) — Gold rebounded in Asian trading, reportedly on heightened Chinese demand. The yellow metal was up more than $17 at one point, but prices moderated intraday as the dollar remained firm. Nonetheless, gold remains up more than $8 on … Continue reading →...
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4

Where is oil going after the rally?

Dec 27 6:00am BlackRock Blog
Terry describes the opportunities for oil and related assets on the back of the recent oil rally.
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5

Silver Will Trump Gold in 2017

Dec 27 3:00am The Gold Report - Streetwise Exclusive Articles
Kenneth Ameduri, editor of CrushTheStreet.com, argues that silver markets will see a surge during the Trump administration.
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Golds year in a nutshell

Dec 26 5:45pm
MK note:  If 2016 was such a bad year for gold, how is it that through the third quarter, physical gold investment demand posted its fourth best year in the past decade? (Top chart)  How is it, too, that demand … Continue reading →...
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11

Gold & Palladium bounce..other metals go sideways to lower

Dec 23 5:59pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 23 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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1

Gold Price Closed at $1128.80 Down $2.30 or -0.20%

Dec 22 10:13pm Silver and Gold Prices
23-Dec-16PriceChange\% ChangeGold Price, $/oz1,128.80-2.30-0.20\%Silver Price, $/oz15.82-0.10-0.65\%Gold/Silver Ratio71.3750.3170.45\%Silver/Gold Ratio0.0140-0.0001-0.44\%Platinum906.40-6.90-0.76\%Palladium660.40-3.30-0.50\%S&P 5002,260.96-4.22-0.19\%Dow19,918.88-23.08-0.12\%Dow in GOLD $s364.780.320.09\%Dow in GOLD oz17.650.020.09\%Dow in SILVER oz1,259.496.700.53\%US Dollar Index103.080.060.06\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,128.80GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,162.661,166.611,166.611/2 AE0.50585.05595.441,190.881/4 AE0.25298.16303.371,213.461/10 AE0.10122.65123.601,236.04Aust. 100 corona0.981,099.811,108.811,131.21British sovereign0.24267.71280.711,192.49French 20 franc0.19210.75216.751,160.94Krugerrand1.001,142.351,152.351,152.35Maple Leaf1.001,138.801,152.801,152.801/2 Maple Leaf0.50649.06592.621,185.241/4 Maple Leaf0.25287.84301.951,207.821/10 Maple Leaf0.10119.65123.041,230.39Mexican 50 peso1.211,351.361,362.361,129.93.9999 bar1.001,133.321,138.801,138.80SPOT SILVER:15.82SILVERFine Tr.Oz.BIDASK$/ozVG+ Morgan $B4 19050.7723.0027.0035.29VG+ Peace dollar0.7717.0020.0026.1490\% silver coin bags0.7211,665.2311,951.2316.72US 40\% silver 1/2s0.304,473.684,623.6815.67100 oz .999 bar100.001,571.501,596.5015.9710 oz .999 bar10.00159.65164.6516.471 oz .999 round1.0016.0716.3716.37Am Eagle, 200 oz Min1.0017.3218.8218.82SPOT PLATINUM:906.40PLATINUMFine Tr.Oz.BIDASK$/ozPlat. Platypus1.00921.40951.40951.40Get Franklin Sanders Daily Gold Price Reports and Market Commentaries:(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = //forms.aweber.com/form/54/1465584154.js ; fjs.parentNode.insertBefore(js, fjs); }(document, script , aweber-wjs-j6jcofagr )); If the form above does not display in...
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Ira Epstein's Metals Video 12 22 2016

Dec 22 4:45pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 22 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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5

An Uptick in Brucejack Resource Estimates Bodes Well for Pretium Resources

Dec 22 3:00am The Gold Report - Streetwise Exclusive Articles
Upward revision of gold reserves estimates at Pretium Resources' Valley of the Kings deposit, along with announcement of a management change, caught the attention of a handful of analysts, who offered their takes on future development of the Brucejack mine.
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Gold: Trump Will Make Gold Great Again

Dec 21 3:50pm
Gold-Eagle – by John Ing – 21 December 2016 The dilemma is that US reserves of gold are relatively small to its monetary base, thus a price over $10,000 an ounce would be needed to reintroduce a gold standard (a … Continue reading →...
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Ira Epstein's Metals Video 12 21 2016

Dec 21 3:34pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 21 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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1

Short & Sweet

Dec 21 11:48am
Golden notable quotables for 12/21/2016 . . . “If you’re bullish on gold, the time to buy is today. I don’t think it’ll get much cheaper.” –– Motley Fool “It makes total sense to take some money off the table.  … Continue reading →...
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Gold Price Closed at $1131.50 Down $9 or -0.79%

Dec 20 11:29pm Silver and Gold Prices
20-Dec-16PriceChange\% ChangeGold Price, $/oz1,131.50-9.00-0.79\%Silver Price, $/oz16.050.030.17\%Gold/Silver Ratio70.481-0.685-0.96\%Silver/Gold Ratio0.01420.00010.97\%Platinum Price922.906.700.73\%Palladium Price671.35-8.00-1.18\%S&P 5002,270.768.230.36\%Dow19,974.620.160.00\%Dow in GOLD $s364.922.880.80\%Dow in GOLD oz17.650.140.80\%Dow in SILVER oz1,244.21-2.16-0.17\%US Dollar Index103.260.160.16\%...
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2

The Daily Market Report: Gold Holding Support Despite 14-year Highs in Dollar

Dec 20 4:37pm
20-Dec (USAGOLD) — Gold turned back defensive within the recent range, weighed by further dollar strength. However, losses in the yellow metal stalled shy of last week’s low at 1122.50. The greenback was lifted by renewed weakness in the euro, which … Continue reading →...
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2

Gold stays down but silver comes to life

Dec 20 3:21pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 20 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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4

In the end, trees dont grow to the sky, and few things go to zero

Dec 20 12:28pm
“In the end, trees don’t grow to the sky, and few things go to zero. Rather, most phenomena turn out to be cyclical.”  ― Howard Marks, Oaktree Capital These charts are dedicated to those who understand the wisdom the legendary investor, … Continue reading →...
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3

Euro Tests Fresh 14-Year Low as Investors Measure Geopolitical Risks

Dec 20 10:53am
TheStreet/Martin Baccardax/12-20-16 “The euro tested fresh 14-year lows against the U.S. dollar Tuesday as investors reacted to a trio of terrorist incidents around the region yesterday that have rattled confidence and raised questions about geopolitical risks in the months ahead.” … Continue reading →...
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3

The Japanese yen is tumbling

Dec 20 9:42am
BusinessInsider/Elena Holodny/12-20-16 The Japanese yen is tumbling after the Bank of Japan kept policy on hold, as virtually all analysts were expecting. At its Tuesday meeting, the BOJ said it would continue to purchase Japanese government bonds at an annual … Continue reading →...
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3

Morning Snapshot: Gold weighed by dollar strength

Dec 20 9:25am
20-Dec (USAGOLD) — Gold has retreated into the range as the dollar jumped to new cycle highs. The dollar was boosted when the BoJ confirmed it would maintain it’s ultra-accommodative policy stance, weighing on the yen. Additionally, a terror attack … Continue reading →...
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2

'Twas the Week Before Christmas. . .

Dec 20 3:00am The Gold Report - Streetwise Exclusive Articles
Precious metals expert Michael Ballanger compares the current state of the precious metals market to it one year ago.
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Gold up but other metals lower.

Dec 19 3:28pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 12 19 2016 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
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2

Chinas yuan is set for its biggest annual decline in more than 20 years, Goldman warns

Dec 19 2:37pm
Bloomberg/12-19-16 “China’s capital outflows are accelerating and the central bank is selling larger amounts of foreign exchange, Goldman Sachs Group Inc warned as the yuan headed for its biggest annual decline in more than 20 years.” PG View: As the … Continue reading →...
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2

The Daily Market Report: Gold Underpinned on Dot-Plot Doubts, Geopolitical Tensions

Dec 19 1:14pm
19-Dec (USAGOLD) — Gold started the session modestly higher and has been consolidating at those levels since. The market is awaiting FedSpeak from Janet Yellen who is giving a mid-term commencement speech at the University of Baltimore. After raising rates for … Continue reading →...
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1

Economists doubtful on three Fed interest rate rises

Dec 19 11:35am
Financial Times/Eric Platt/12-19-16 “The Federal Reserve will wait six months before raising interest rates again, according to a survey of top economists that suggests policymakers will maintain a cautious approach to tightening policy until they see the economic package US … Continue reading →...
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ECB helps send German two-year yields to new low

Dec 19 10:34am
Financial Times/Dan McCrum & Thomas Hale/12-19-16 German short-term interest rates dropped to a fresh record low on Monday as traders anticipated the effect of New Year policy changes announced by the European Central Bank this month, at a time when … Continue reading →...
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Gold prices recover as US dollar slips

Dec 19 9:10am
Reuters, via CNBC/12-19-16 Gold rose on Monday, extending its recovery from a 10-1/2-month low hit last week, as the U.S. dollar slipped from a 14-year peak against a basket of currencies. PG View: While the dollar index is now higher … Continue reading →...
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1

Morning Snapshot: Gold better to start the holiday week

Dec 19 9:02am
19-Dec (USAGOLD) — Gold starts the holiday week modestly higher, despite a firmer dollar. Bonds are mildly corrective as well. Janet Yellen speaks this afternoon at the University of Baltimore on “The State of the Job Market.” Given the 4.6\% jobless … Continue reading →...
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The War on Cash and Then on Gold

Dec 19 3:00am The Gold Report - Streetwise Exclusive Articles
Technical analyst Clive Maund says liquidity issues with banks could lead to restrictions on cash and precious metals.
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Italys rebel economist hones plan to ditch the euro and restore the Medici florin

Dec 18 2:27pm
The Telegraph/Ambrose Pritchard-Evans/12-6-2016 “Europe has brought us a depression worse than 1929. It has led to entire peoples being broken and humiliated, like the Greeks, all for the sake of preserving the infernal instrument of the euro. This whole disaster … Continue reading →...
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3

China cedes status as largest US creditor to Japan

Dec 17 11:34am
Financial Times/Tom Mitchell, Joe Rennison & Eric Platt/12-16-2016 “China’s foreign exchange holdings, much of which are invested in US Treasuries, have fallen about a quarter since early 2014 to just over $3tn. The decline has been driven partly by central … Continue reading →...
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