Articles related to take off
 
Mark O'Byrne - gold.ie
Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver
– Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver – Most of Puerto Rico remains in the dark and without power three weeks after storm – With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash – Shortages of food, fuel and medicine with infrastructure repairs delayed – Power could be ‘out for months’ as 85% of people remain off the grid – Around 75% of ATMs disconnected – Electronic forms o
Monday, October 16, 2017
Alasdair Macleod - Finance and Eco.
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal to
Sunday, October 15, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts -
"Ubi caritas et amor, Deus ibi est." Where kindness and love are, God is there. 4th century antiphon, melody 9th century "Hear now this, O people, foolish and without hearts; who have eyes and do not see; and have ears, but do not hear." Jeremiah 5:21 Gold and silver caught a big today, even as stocks continued their slanted push up against trend resistance. I have some optimism for the price of gold here, as it seems to draw the usual rally off the Non-Farm Payrolls bottom, all other thin
Saturday, October 14, 2017
Adam Hamilton - Zealllc
Gold Miners’ Q3’17 Preview
With the third quarter’s earnings season now underway, the gold miners will soon join in and report their latest results.  No data is more highly anticipated by investors, for good reason.  Quarterly reports dispel the dense fogs of herd sentiment that usually obscure gold stocks, revealing their operations’ underlying fundamental realities.  Q3’17’s upcoming results are likely to prove quite bullish for this neglected sector. Four times a year publicly-traded
Friday, October 13, 2017
Chris Powell - GATA
Giustra's Hive switches from mining gold to bitcoin, surges six-fold
Frank Giustra, the Canadian mining maverick who amassed a fortune building what would become one of the world's largest gold companies, is digging for another kind of gold: cryptocurrencies. The company he has backed, Vancouver-based Hive Blockchain Technologies Inc., is among the first publicly traded stocks to provide exposure to crypto mining -- the vast data crunching needed to verify the blockchain and the volatile currencies they produce like bitcoin and ether. So far his decision to dig f
Friday, October 13, 2017
Przemyslaw Radomski CFA - SunshineProfits
More New SP 500 Record Highs Or Topping Action?
Briefly:Intraday trade: Our yesterday's intraday trading outlook was bearish. It proved wrong because the S&P 500 index gained 0.2% again. However, the index continued to trade within relatively narrow intraday trading range. The market may retrace some of its recent rally today, as investors continue taking short-term profits off the table. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,565 and potential profit target is at 2,530 (S&P 500 index).Our intraday
Thursday, October 12, 2017
Chris Powell - GATA
Western Australia's Liberal Party to block gold royalty increase
Labor's $392 million gold royalty hike has been killed off, with Liberal MPs voting to block the controversial measure in the Upper House of Parliament. The move, which comes after hundreds of gold miners rallied at State Parliament this morning, will mean the State Government will be required to plug a near-$400 million hole in the budget. Opposition Leader Mike Nahan said the decision had been reached based on the concerns about job losses. "It was our view that Mr McGowan did not seek or have
Wednesday, October 11, 2017
Jan Skoyles - GoldCore
London House Prices Are Falling – Time to Buckle Up
– London house prices fall in September: first time in eight years – High-end London property fell by 3.2% in year – House sales down by over a very large one-third – Global Real Estate Bubble Index – see table – Brexit, rising inflation and political uncertainty causing many buyers to back away from market – U.K. housing stock worth record £6.8 trillion, almost 1.5 times value of LSE and more than the value of all the gold in world – Homeowners and property investors should diversify and invest
Wednesday, October 11, 2017
James Howard Kunstler
  No Joy in Trumpville
I took advantage of the calm before the storm, to pay a visit on Saturday to my hometown, Trumpville, a.k.a. Manhattan. My college buddy had a son who was acting in an off-Broadway play (closing night, so don’t bother asking). The city I knew as a kid — which, frankly, I never liked very much — seemed as lost and far away as Peter Stuyvesant’s quaint Dutch colonial outpost did to me in 1962. That lost city of my childhood was one in which a boy could breeze right into the Metropolitan Museum of
Tuesday, October 10, 2017
Hugo Salinas Price - Plata.com
  The Gold Worm on the Yuan Hook
Once again, I turn over in my mind the Chinese plan regarding their imported oil, which consists in convincing their oil suppliers to accept yuan in payment (and thus re-directing their sales outside the orbit of the US dollar) with an additional sweetener in case the oil exporters do not wish to hold assets denominated in yuan: the sweetener consists in offering to exchange the yuan received by the oil exporters, for gold purchased on the world markets – and not out of C
Tuesday, October 10, 2017
Adrian Ash - Bullion Vault
¡Viva Gold! LBMA 2017 Goes to Barcelona
Independence a big issue as LBMA conference hits the Catalan capital... THIS WEEKEND kicks off the precious metals chit-chat and all-round fun-fest of the bullion market's key industry event, writes Adrian Ash at BullionVault – the annual LBMA conference... ...cleverly timed this year to take place in Barcelona. You'll f
Tuesday, October 10, 2017
Andy Hoffman - Miles Franklin
Digging Up An Old Story
Last night instead of watching the No Fans Left political program, I decided to watch a 1931 movie starring Bela Lugosi. Being in the Halloween Season and all, I watched the original “Dracula” where the main character was charismatic, kind, considerate, wealthy, and a little off. This movie was epic and the digitally remastered film really showed the viewers a good time. Bela Lugosi was claimed to have stayed in character for 6 months past the making of the movie and I found out later that he wa
Monday, October 9, 2017
Przemyslaw Radomski CFA - SunshineProfits
SP 500 At Record High But Will Stocks Continue Even Higher?
Briefly:Intraday trade: Our Friday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index remained within relatively narrow intraday trading range. Overall, it lost 0.1%. The index may retrace some of its recent rally today, as investors will likely continue taking short-term profits off the table. Therefore, intraday short position is favored. Stop-loss is at the level of 2,565 and potential profit target is at 2,530 (S&P 500 index).Our intraday outlook is bear
Monday, October 9, 2017
Chris Martenson
  Betrayal!
Let me apologize in advance for what may be an upsetting piece of writing for some of you. If you're in a state of shock or exhaustion from recent events, perhaps you should skip this one. I don't offer this analysis in order to further distress anyone -- but until you understand what is happening and how that influences your psychological state, you'll remain the emotional equivalent of a rag doll shaken to-and-fro by events. Such understanding may not bring you to a place of calm acceptance. B
Monday, October 9, 2017
Przemyslaw Radomski CFA - SunshineProfits
Gold in Q3 2017
The third quarter of 2017 was positive for the gold market. The yellow metal has gained more than 3 percent between July and the end of September. As one can see in the chart below, the price of gold jumped above $1,300 for a while and even approached the 2016 highs. Chart 1: Gold prices (London P.M. Fix) from January to September 2017. What were the reasons behind that impressive upward move? The popular story says that worries about North Korea triggered a rally in gold prices. However, as
Monday, October 9, 2017
Adam Hamilton - Zealllc
Gold Readying to Rally
Gold suffered a sharp pullback this past month, spawning bearish sentiment.  Futures speculators fled on surging Fed-rate-hike odds and new stock-market record highs.  That pounded gold lower despite strong investment demand.  This healthy sentiment-rebalancing retreat has left gold ready to rally again.  Both its technicals and seasonals are very bullish, and futures speculators’ selling overhang has considerably abated. On September 7th, gold powered 1.1% hig
Saturday, October 7, 2017
Przemyslaw Radomski CFA - SunshineProfits
September 2017 ECB Minutes and Gold
Yesterday, the minutes of the ECB’s September meeting were released. What do they say about the ECB stance and what do they mean for the gold market? After a short trip to Japan, we return to Europe. On Thursday, the European Central Bank issued the minutes from its September meeting. They were considered by the markets as dovish. This is because they showed that the officials were worried about the appreciation of the euro. Peter Praet, an executive board member and chief economist at the ECB,
Friday, October 6, 2017
Mac Slavo - ShtfPlan
Ominous Earthquake Swarm At Yellowstone Supervolcano Now One Of Longest Ever Recorded
This report was originally published by Tyler Durden at Zero Hedge The rumblings beneath the formerly dormant supervolcano known as the Yellowstone caldera just won’t quit. And the ongoing earthquake swarm at the Yellowstone National Park supervolcano is now one of the longest ever recorded, having started on June 12. Over the past three and a half months, almost 2,500 earthquakes have been recorded in the western part of the national park. This is on par with the biggest swarm ever recorded, w
Friday, October 6, 2017
James Howard Kunstler
  Light It Up 
War, children, It’s just a shot away It’s just a shot away — You Know Who Grinning like Wonderland’s Cheshire Cat, the Golden Golem of Greatness pronounced this interval of fine fall weather “the calm before the storm.” Hmmmm. Talk about cryptic. This was less than a week after he verbally smacked down Secretary of State Rex Tillerson for “wasting his time” trying to diplomatically reach “Little Rocket Man… “ whereby Rex riposted, calling the President a “moron.” Ordinarily — say, during the pa
Friday, October 6, 2017
Chris Powell - GATA
HSBC traders used code word to trigger front-running, prosecutor says
A group of HSBC Holdings currency traders in London and New York feverishly jumped ahead of a $3.5 billion client order after they were tipped off using the code words "my watch is off," a U.S. prosecutor told a federal judge. The buying frenzy was launched after Mark Johnson, HSBC's former global head of foreign exchange whom the bank chose to lead the transaction, alerted the traders via a phone call that was recorded, the prosecutor said Thursday in Brooklyn. Johnson is on trial for fraud. Af
Friday, October 6, 2017
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