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| Julian D. W. Phillips - Gold Forecaster |
Gold and Silver Market Morning: Jan 25 2017 - Gold and Silver consolidating! |
Gold Today–New York closed at $1,209.90on the 24th January after closing at $1,215.30 on the 23rd January.London opened at $1,203.25 today.Overall the dollar was stronger against global currencies early today. Before London’s opening: -The $: € was stronger at $1.0724: €1 from $1.0752: €1 yesterday.-The Dollar index was stronger at 100.31 from 100.20 yesterday. -The Yen was weaker at 113.69:$1 from yesterday’s 113.24 against the dollar. -The Yuan was weaker at 6.8766: $1, from 6.8534: $1, yesterSunday, January 24, 2021 |
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| The Gold Report |
Geologist Peter Megaw's Golden Touch in His Search for District-Scale Mines |
High-grade and district-scale are geologist Peter Megaw's mantra. We look into some of the projects he devotes his attention to right now.
Geologist Peter Megaw, one of the co-founders of MAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT), led the geological team that found MAG's Juanicipio project, now a joint venture with Fresnillo Plc (FRES:LSE), in one of the world's largest silver districts. He considers himself an explorationist who is lookMonday, February 5, 2018 |
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| Mish - Global Economic Analysis |
Car Crash: Ford Issues Profit Warning, Says Turnaround Will Take Years |
Following news that Ford is going "all in" on electric vehicles, the company issued a profit warning more than expected.
Bloomberg reports Ford Warns Profit Will Drop This Year.
Ford Motor Co. warned profit will fall this year as Chief Executive Officer Jim Hackett spends heavily to catch up with rivals bringing electrified vehicles to market.
The U.S. automaker forecast adjusted earnings of $1.45 to $1.70 a share this year, down from about $1.78 last year. While Wall Street had been expecting Wednesday, January 17, 2018 |
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| Mish - Global Economic Analysis |
Order Pancakes From Your GM Dashboard |
GM's "Marketplace" console will allow people to order coffee from Starbucks, pancakes from IHOP, or donuts from Duncan. Bloomberg reports GM Enables Drivers to Order Espressos, Pancakes From the Road.
GM’s service -- which is made for use while driving -- is initially limited to about a dozen vendors but the automaker wants to add other brands and capabilities as it expands the service. Current offerings include reserving tables at TGI Friday’s, ordering take-out from restaurants including ApplThursday, December 7, 2017 |
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| Wolf Richter |
Carmageddon for Tesla |
This is where Hype Goes to Die.
Today was the monthly moment of truth for automakers in the US. They reported the number of new vehicles that their dealers delivered to their customers and that the automakers delivered directly to large fleet customers. These are unit sales, not dollar sales, and they’re religiously followed by the industry.
Total sales rose 0.9% from a year ago to 1,393,010 new vehicles, according to Autodata, which tracks these sales as they’re reported by the automakers. SaleMonday, December 4, 2017 |
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| Mish - Global Economic Analysis |
GM to Have Robotaxi Service by 2019: Can Uber Survive |
GM claims it will have a fleet of robotaxis by 2019 and that will be its biggest profit-maker within a decade.Please consider GM Aims for Self-Driving Taxi Fleet by 2019.
GM executives, speaking at an investor conference Thursday, said the company aims to run a large-scale fleet of driverless cars in big cities by 2019. GM is among the first major driverless-car developers to attach a timeline to the commercialization of autonomous vehicles, and the 109-year-old auto maker is racing big tech coSunday, December 3, 2017 |
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| The Gold Report |
Why the Commodity Supercycle Is Favoring Investors Right Now |
Precious, base and energy metals are all benefiting from the commodity supercycle, says Louis James, editor of International Speculator, who also discusses his Golden Runway theory of price appreciation and talks about a handful of companies that he believes are on the rise.
The Gold Report: Louis, would you talk about the commodity supercycle and where you see it at this point?
Louis James: The data continue to support the commodity supercycle hypothesWednesday, November 22, 2017 |
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| George F. Smith - Barbarous Relic |
Whatever happened to the space race |
In the wake of Sputnik I’s success on October 4, 1957, in which the USSR could stake claim to having built the first artificial earth satellite, a cosmic shift in perception took hold.Whatever advantages US society might have as measured by individual freedom, it came up short when stacked against Soviet science and technology.
Soviet space superiority was on display 32 days later when Sputnik 2 launched with Laika, a dog found roaming the Moscow streets who died a few days after takeoff. TMonday, September 4, 2017 |
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| Mish - Global Economic Analysis |
Ford to Create New Brand of Electric Cars in China, GM Sells $5,000 Electric Car |
China accounts for forty percent of global electric cars sales. Ford wants to crack that market with Fully Electric Vehicles Sold Under a New Brand, made in China of course.
Ford announced plans on Tuesday to form a new joint venture with Anhui Zotye Automobile Co., a Chinese brand that specializes in all-electric vehicles.
Ford and Zotye are exploring a 50:50 partnership to produce a line of electric vehicles. Ford said the cars would be sold under a new brand, but did not offer additional deTuesday, August 22, 2017 |
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| Mish - Global Economic Analysis |
GM Tests Fleet of 46 Robocar Taxis in SF: Driverless Car Timeline Promises by Manufacturer |
Robocar testing in Silicon Valley is underway. Wired reports GM’S Robocar Service Drives Employees Around SF for Free.
Cruise Anywhere, which launched Tuesday, works just like Uber or Lyft: Open the app, type in your location and destination, and wait for your car. It’s available to 10 percent of Cruise’s 250 employees, between 7 am and 11 pm, and uses the company’s fleet of 461 Chevrolet Bolt EVs. (There will still be a safety driver sitting up front, no doubt thrilled their colleagues are heMonday, August 14, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: August-10-2017: FOMC and North Korea |
Gold Today–New York closed yesterday at $1,279.30.London opened at $1,278.00today.Overall the dollar was stronger against global currencies, early today. Before London’s opening:-The $: € was stronger at $1.1732 after the yesterday’s$1.1760: €1.-The Dollar index was strongerat 93.70 after yesterday’s 93.61.-The Yen was weaker at 109.98 after yesterday’s 109.75:$1. -The Yuan was much strongerat 6.6594 after yesterday’s 6.6782: $1. -The Pound Sterling was weaker at $1.2980 after yesterday’s $1.300Thursday, August 10, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: August-8-2017: Gold and silver steady |
Gold Today–New York closed yesterday at $1,264.70.London opened at $1,260.00today.Overall the dollar was slightly weaker against global currencies, early today. Before London’s opening:-The $: € was slightly weaker at $1.1804 after the yesterday’s$1.1802: €1.-The Dollar index was slightly weakerat 93.36 after yesterday’s 93.38.-The Yen was stronger at 110.58 after yesterday’s 110.81:$1. -The Yuan was strongerat 6.7059 after yesterday’s 6.7190: $1. -The Pound Sterling was weaker at $1.3035 after Tuesday, August 8, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: August-7-2017: Gold and silver steadying at lower levels |
Gold Today–New York closed Friday at $1,264.40.London opened at $1,258.40today.Overall the dollar was stronger against global currencies, early today. Before London’s opening:-The $: € was stronger at $1.1802 after the Friday’s$1.1881: €1.-The Dollar index was strongerat 93.38 after Friday’s 92.74.-The Yen was weaker at 110.81 after Friday’s 110.026:$1. -The Yuan was strongerat 6.7190after Friday’s 6.7200: $1. -The Pound Sterling was weaker at $1.3050 after Friday’s $1.3149: £1Yuan Gold FixTradeMonday, August 7, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: August-4-2017 |
Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was weaker at $1.1881 after the yesterday’s$1.1849: €1.-The Dollar index was weaker at 92.74 after yesterday’s 92.92.-The Yen was stronger at 110.02 after yesterday’s 110.66:$1. -The Yuan was strongerat 6.7200after yesterday’s 6.7237: $1. -The Pound Sterling was weaker at $1.3149 after yesterday’s $1.3232: £1Yuan Gold FixTrade DateContractBenchmark Price AM 1 gmBenchmark Price PM 1 gm 201Friday, August 4, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: August-3-2017: still consolidating |
Gold Today–New York closed yesterday at $1,278.40.London opened at $1,261.40today.Overall the dollar was weaker against global currencies, early today. Before London’s opening: -The $: € was weaker at $1.1849after the yesterday’s$1.1832: €1.-The Dollar index was weaker at 92.92 after yesterday’s 92.99.-The Yen was stronger at 110.66 after yesterday’s 110.78:$1. -The Yuan was strongerat 6.7237after yesterday’s 6.7253: $1. -The Pound Sterling was almost unchanged at $1.3232 after yesterday’s $1.3Thursday, August 3, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: August-1-2017: Gold consolidating above support! |
Gold Today–New York closed yesterday at $1,273.40.London opened at $1,269.00 today.Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was weaker at $1.1833 after the yesterday’s$1.1725: €1.-The Dollar index was weaker at 92.98 after yesterday’s 93.50.-The Yen was stronger at 110.47 after yesterday’s 110.67:$1. -The Yuan was strongerat 6.7179after yesterday’s 6.7282: $1. -The Pound Sterling was stronger at $1.3202 after yesterday’s $1.3122: £1YTuesday, August 1, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: July-31-2017: Gold and silver rising in all currencies! |
Gold Today–New York closed Friday at $1,269.40.London opened at $1,266.45 today.Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was weaker at $1.1725 after the Friday’s$1.1709: €1.-The Dollar index was weaker at 93.50 after Friday’s 93.71.-The Yen was stronger at 110.67 after Friday’s 111.23:$1. -The Yuan was strongerat 6.7282after Friday’s 6.7415: $1. -The Pound Sterling was stronger at $1.3122 after Friday’s $1.3090: £1.Yuan Gold FixTradeMonday, July 31, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: July-27-2017: rising despite heavy U.S. gold ETF sales! |
Gold Today–New York closed the day before yesterday at $1,248.40.London opened at $1,262.00 today.Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was weaker at $1.1728 after the day before yesterday’s$1.1654: €1.-The Dollar index was weaker at 93.50 after the day before yesterday’s 93.97.-The Yen was unchanged at 111.25 after the day before yesterday’s 111.25:$1. -The Yuan was strongerat 6.7377after the day before yesterday’s 6.7506: $1. -TThursday, July 27, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: July-25-2017: Gold consolidating above $1,250 |
Gold Today–New York closed yesterday at $1,257.20.London opened at $1,253.00 today.Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was slightly weaker at $1.1654 after yesterday’s$1.1650: €1.-The Dollar index was slightly stronger at 93.97 after yesterday’s 93.94.-The Yen was weaker at 111.25 after yesterday’s 110.76:$1. -The Yuan was almost unchangedat 6.7506after yesterday’s 6.7503: $1. -The Pound Sterling was slightly weaker at $1.3031 aTuesday, July 25, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold Market Morning: July-24-2017: Gold and silver markets consolidating and rising above $1,250! |
Gold Today–New York closed Friday at $1,254.30.London opened at $1,254.00 today.Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was slightly stronger at $1.1650 after Friday’s$1.1657: €1.-The Dollar index was weaker at 93.93 after Friday’s 94.09.-The Yen was stronger at 110.76 after Friday’s 111.69:$1. -The Yuan was strongerat 6.7503after Friday’s 6.7697: $1. -The Pound Sterling was stronger at $1.3041 after Friday’s $1.3001: £1.Yuan Gold FMonday, July 24, 2017 |
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