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The Mesh Report - 11/16 - The Gold Enthusiast

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Gold Strategy For After Christmas

Gold Strategy For After Christmas

Mike Hammer December 27, 2016 0

All of us here at The Gold Enthusiast hope you and yours enjoyed a wonderful holiday weekend, no matter which holiday(s) you celebrate. Personally, The Gold Enthusiast loves holidays which involve exchanging gifts, so

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Happy Holidays! Happy Hannukah! Merry Christmas!

Happy Holidays! Happy Hannukah! Merry Christmas!

Mike Hammer December 23, 2016 0

Whatever your holiday is, we wish you and your loved ones all the best! The Gold Enthusiast hopes you and yours have a most enjoyable and prosperous holiday season. The US markets looked pretty

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NUGT Giving Day Trading Signals?

NUGT Giving Day Trading Signals?

Mike Hammer December 22, 2016 0

NUGT has been trading in a tight range the past 5 days. Often this tells investors to wait for a breakout. Traders look for other signs. You see, investors operate with the mindset that

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Russia Buys 31 Tonnes of Gold – Or Is It 40?

Russia Buys 31 Tonnes of Gold – Or Is It 40?

Mike Hammer December 21, 2016 0

News agencies report that Russia added 31 tonnes of gold to their reserves in October.  Or was it 40.1 tonnes, as reported in the article below citing figures from the Central Bank of Russia? 

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India Gold Imports Fall

India Gold Imports Fall

Mike Hammer December 20, 2016 0

Reports from Calcutta overnight indicate gold imports fell 30.5% across the April-November timeframe in India.  Probable causes were the efforts of the Modi government to reign in India’s huge “underground economy” by changing 500

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Gold Confiscation In India?

Gold Confiscation In India?

Mike Hammer December 19, 2016 0

Jayant Bhandari warns “there are clear signs that in a very convoluted way, possession of gold for investment purposes will be made illegal” as he discusses India’s attempts to create a cashless society (and consequences of

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Gold Seems To Firm – Time To Dive Back In?

Gold Seems To Firm – Time To Dive Back In?

Mike Hammer December 16, 2016 0

Gold plunged following the Fed’s announcement that they were not only raising interest rates, but looking at 3 rate hikes in 2017. If each of these was the usual quarter-point, that would mean a

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And Janet Said: Let Gold Drop!

And Janet Said: Let Gold Drop!

Mike Hammer December 15, 2016 0

As expected, the Fed raised interest rates yesterday. They opted for the small 0.25% rate hike on the base Fed funds rate. Traders and investors responded with another round of selling. With few buyers,

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It’s I-Day At The Fed – What Will Gold Do?

It’s I-Day At The Fed – What Will Gold Do?

Mike Hammer December 14, 2016 0

Today is the day the Fed “most probably” will raise interest rates. Gone, for a while at least, are ultra-cheap mortgages and car loans. Anticipating this rate, banks and lending agencies around the country

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UK Investors Want Gold!

UK Investors Want Gold!

Mike Hammer December 13, 2016 0

Like what we’re seeing in India and China, UK’ers apparently want some golden security. Firms selling and storing physical gold are seeing rather dramatic increases in demand, such as BullionVault in Great Britain. The

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