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The Mesh Report - 2/19 - The Gold Enthusiast

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Gold Price News: Fed Notes Causing Chaos?

Gold Price News: Fed Notes Causing Chaos?

Mike Hammer July 6, 2017 Comments Off on Gold Price News: Fed Notes Causing Chaos?

We should add “Fed confusion” to the list of the two certain things in life. Yesterday’s Fed notes left rational people of the world scrambling for anything rational to hang on to. A correct

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Gold Price News: GLD Drops 1 Full Level [DETAILS]

Gold Price News: GLD Drops 1 Full Level [DETAILS]

Mike Hammer July 5, 2017 Comments Off on Gold Price News: GLD Drops 1 Full Level [DETAILS]

The short market day on Monday saw GLD drop from the Friday close of 118.02 to 116.09.  In trader-speak, this was a drop of one full level in just one trading day, which is a significant drop.  And,

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This Week in Gold: GS Turns Bullish [UPDATE]

This Week in Gold: GS Turns Bullish [UPDATE]

Mike Hammer July 3, 2017 Comments Off on This Week in Gold: GS Turns Bullish [UPDATE]

The Vampire Squid, aka Goldman Sachs, shocked the gold market last week by announcing they were now bullish on gold. This is a revelation because the bank-slash-investing house is notoriously bearish on gold.  Your own

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Gold Prices in India: GST Tax Hike Causing Frenzy?

Gold Prices in India: GST Tax Hike Causing Frenzy?

Mike Hammer June 30, 2017 Comments Off on Gold Prices in India: GST Tax Hike Causing Frenzy?

Gold buyers in India are paying 7.5% above the international price right now. The GST tax rate hike, from 1.2% to 3%, kicks in on July 1. So lots of folks are rushing to

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Why Is Gold Not Going Up? [VIDEO]

Why Is Gold Not Going Up? [VIDEO]

Mike Hammer June 29, 2017 Comments Off on Why Is Gold Not Going Up? [VIDEO]

Sometimes the market defies common sense, until you think about it.  That’s the case right now with gold.  With the US Dollar dropping you’d expect gold to rise. But nothing in the market is

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Gold Price News: 56-Tonne Trade Leads to Big Drop

Gold Price News: 56-Tonne Trade Leads to Big Drop

Mike Hammer June 28, 2017 Comments Off on Gold Price News: 56-Tonne Trade Leads to Big Drop

Monday morning in London saw a single trade of 56 tonnes of gold cross the market. Within seconds the market significantly dropped.  Shortly thereafter, analysts and column writers’ inboxes were filled with the expected

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EU Banking Crisis: 2 More Banks Fail [VIDEO]

EU Banking Crisis: 2 More Banks Fail [VIDEO]

Mike Hammer June 26, 2017 Comments Off on EU Banking Crisis: 2 More Banks Fail [VIDEO]

Hot on the heels of Spanish Banco Popular’s failure comes similar news out of Italy.  This time, rather than 1 big Spanish bank having cash flow problems, we have two small Italian banks failing

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EU Banking Crisis: 2 More Banks Fail [VIDEO]

EU Banking Crisis: 2 More Banks Fail [VIDEO]

Mike Hammer June 26, 2017 Comments Off on EU Banking Crisis: 2 More Banks Fail [VIDEO]

Hot on the heels of Spanish Banco Popular’s failure comes similar news out of Italy.  This time, rather than 1 big Spanish bank having cash flow problems, we have two small Italian banks failing

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How Much Gold Do People In America Have? [VIDEO]

How Much Gold Do People In America Have? [VIDEO]

Mike Hammer June 23, 2017 Comments Off on How Much Gold Do People In America Have? [VIDEO]

Gold is talked about every day in the financial news.  So you’d think a lot of people own some, right?  Well, like a lot of other good advice, it turns out that might not

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Gold Price News: When You ‘Get It Wrong’ With GLD

Gold Price News: When You ‘Get It Wrong’ With GLD

Mike Hammer June 22, 2017 Comments Off on Gold Price News: When You ‘Get It Wrong’ With GLD

Early this year, your friendly Gold Enthusiast wrote a paper for a paid service titled “Top 5 Gold Stocks Under $5”. Picking your top 5 anything these days is hard, as there are so

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