Conventional market commentary leading up to the Fed meeting
Gary kicks today off with his thoughts on the conventional markets. As he says, he should just take positions in the markets shortly before any Fed meeting as they always seem to rise.
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Every time we have a correction people start calling for a big 20 to 50% correction. It is still a bull market.
It is still a bull, but it’s very long in the tooth.
http://www.theburningplatform.com/2015/07/28/sometimes-they-do-ring-a-bell-at-the-top/
http://davidstockmanscontracorner.com/technically-speaking-a-sellable-rally/
THE BIG ONE IS COMING!
Wow! So quiet on here with comments. Everyone must be disgesting the FOMC. Or perhaps aliens just death-rayed North America?
Been slammed at work personally. Traded off smart phone today, but way behind on news flow today. Cheers!
Bueller….Bueller….?? Fry?….Fry?….
This role call into an economics lecture with Ben Stein still makes me smile. 😉
The look on the students faces when Ben is talking about economics, is how I feel when I listen to CNBC’s take on economics……: – )
Funny….
Bob UK – I just went out with a video camera and you were correct……Aliens did just death-ray North America…….
Mars Attacks! Don’t run, we are your friends
Detour Gold Reports Solid Second Quarter 2015 Results
07/29/2015
Agnico Eagle Reports Second Quarter 2015 Results; Strong Operational Performance Continues
TORONTO, July 29, 2015
Eagle Hill Exploration, Oban Mining, Ryan Gold, and Corona Gold File Circulars Regarding Shareholder Votes on Business Combination
VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 29, 2015)
Barkerville Gold Mines Announces Strategic Relationship with Osisko Gold Royalties and Appointment of New Directors
TORONTO, ON – July 29, 2015
Sabina Gold & Silver Commences Feasibility Study Assessing Lower Capex Initial Project Option at Back River
VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 29, 2015)
Claude Resources Inc. Provides Date for Q2 Results and Conference Call
SASKATOON, July 29, 2015
Kinross reports 2015 second-quarter results
Strong operational performance and focus on costs contribute to free cash flow
Cash and cash equivalents of more than $1 billion
Toronto, Ontario – July 29, 2015
Precious Metals Market Update: What’s Next for Gold, Gold Miners & Stocks?
Jordan Roy-Byrne July 27, 2015
http://palisaderadio.com/precious-metals-market-update-whats-next-for-gold-gold-miners-stocks/
This video is worth a quick watch. Jordan has been fairly accurate lately in his analysis, and comes at some of the data from an interesting perspective.
Gold On Hold, Crude Bounces Up On Lower Stockpiles The Settles Lower, Global Equities Up Except Nikkei
July 29, 2015 – 5:10pm
by Gary Wagner
Published July 29, 2015
What You’ve Heard About Gold and Interest Rates Is Dead Wrong – THE CASEY REPORT
http://www.caseyresearch.com/articles/what-youve-heard-about-gold-and-interest-rates-is-dead-wrong
Published July 28, 2015
This Market Looks “Much Worse” Than the US Market in 2007 – THE CASEY REPORT
http://www.caseyresearch.com/articles/this-market-looks-much-worse-than-the-us-market-in-2007
Published July 21, 2015
A Bloodbath Worse than the 2008 Financial Crisis – THE CASEY REPORT
http://www.caseyresearch.com/articles/a-bloodbath-worse-than-the-2008-financial-crisis
the KEy word.”think”……….investors “think” the fed will raise rates
Investors have thunk………. this for 6 yrs.
Agreed. It is the market fears of the rate hike that has moved markets after FOMC statements the last few years, rather than the actual rate hikes themselves. As usual the Fed is trying to talk the market into place, but it does seem reasonable that they may do a token 25 point basis rise by year end.
ONCE AGAIN……the FED IS ON HOLD…..paper pussy cat yellen……………..the Claw.
yep The Claw, Yellen is not even a paper tiger……she’s just a paper pussy cat……
I’m not sure I agree with this article, or really any of the articles I am posting, but there are interesting facts, and companies mentioned in each article that may appreciated by some, so I’m just putting a few of these up for perusal.
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Why Now is the Best Time to Buy Energy Stocks
TIM PLAEHN JULY 28, 2015
http://www.investorsalley.com/why-now-is-the-best-time-to-buy-energy-stocks/tihlandcamdetbnk
A Silver Lining For The Gold Price?
Jul. 27, 2015
http://seekingalpha.com/article/3359175-a-silver-lining-for-the-gold-price?ifp=0#
Silver Is Fundamentally Undervalued
Jul. 28, 2015
http://seekingalpha.com/article/3366245-silver-is-fundamentally-undervalued?ifp=0
Spin On Gold, China, Russia And Everything Else Out Of Control
Jul. 29, 2015 – Lawrence Williams
Gold Continues To Consolidate Around $1,095
Jul. 29, 2015 – Dean Popplewell, MarketPulse -Currencies, macro, fixed income
http://seekingalpha.com/article/3367465-gold-continues-to-consolidate-around-1095?ifp=0
Where Is Gold Going?
Jul. 28, 2015 – Michael Bryant – Value, growth, momentum, dividend investing
http://seekingalpha.com/article/3365205-where-is-gold-going?ifp=0
Silver Can Triple Once It Finds A Bottom
Jul. 28, 2015 – Prudent Finances – Gold & precious metals, commodities, deep value
http://seekingalpha.com/article/3366565-silver-can-triple-once-it-finds-a-bottom?ifp=0
Gold Collapsed; Buy Newmont Mining?
Jul. 28, 2015
http://seekingalpha.com/article/3362835-gold-collapsed-buy-newmont-mining?ifp=0
Freeport-McMoRan – Hope Not Lost – Jul. 28, 2015
Individual Trader, Individual Investors – Bonds, contrarian, gold, gold & precious metals
http://seekingalpha.com/article/3362545-freeport-mcmoran-hope-not-lost?ifp=0
Dig Up 9.5% Yields With Hecla Mining Company B-Rated Bonds, Maturing May 2021
Jul. 28, 2015 – Randy Durig, Durig Capital
Will Hecla Mining Remain Profitable In The Current Precious Metals Price Environment?
Jul. 20, 2015 – The Investment Doctor – Long/short equity, value, debt, base metals
The World Economy in One Visualization
JEFF DESJARDINS on July 22, 2015
What Silver Chart Has The Bankers Worried??
Filed in Economy, Energy, Precious Metals by SRSrocco on July 28, 2015
GREAT CHARTS…………………………..appreciate ………………………….the claw
Yep watch out for that physical demand, one day it will shake up the paper boys, but for now the charade continues where paper markets set the price and direction.
did you happen to listen to CRAIG PAUL ROBERTS at usawatchdog. yesterday. His statement at about 30:00 into the tape , was another revelation of sorts. jmho….the claw……….in MEMORY OF CECIL, now that was a CAT.
I’ll check it out FFM CCF…..Das BOOT.
Sandstorm Acquired 98,121 Extra Shares Of AuRico Metals At $0.5679
Jul. 28, 2015
I mentioned a few times this year that Romarco was one of my takeover targets as they had been featured prominently all year as a near term producer and had the backing from the BMO metals show big time. Now it is done…….
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OceanaGold, Romarco: Merger To Create World’s Lowest-Cost Gold Producer
By Kitco News
Thursday July 30, 2015 08:05
Fading the Fed for the day after has better results IMO. I like to take positions at the close.