Quantcast
The Mesh Report - 3/108 - The Gold Enthusiast

The Gold Enthusiast »

Why are India’s gold imports surging?

Why are India’s gold imports surging?

Mike Hammer May 17, 2019 Comments Off on Why are India’s gold imports surging?

Gold imports into India spiked 54% in April, quelling fears that the country was losing its taste for our favorite yellow metal. In all, the country pulled in $3.97 billion (USD) worth of gold in April

Read More »
How the CFTC’s New ‘Speed Bump’ Rule Could Effect Gold & Silver

How the CFTC’s New ‘Speed Bump’ Rule Could Effect Gold & Silver

Mike Hammer May 16, 2019 Comments Off on How the CFTC’s New ‘Speed Bump’ Rule Could Effect Gold & Silver

Yesterday, the CFTC approved the first “trading speed bump” for US silver and gold futures markets. Normally this might only get a mention as a feature article by your friendly Gold Enthusiast, but as you will see there are some points

Read More »
Gold Makes a Sudden Rally to 1300

Gold Makes a Sudden Rally to 1300

Mike Hammer May 15, 2019 Comments Off on Gold Makes a Sudden Rally to 1300

Gold rallied to 1300 very suddenly Monday in response to news on two fronts.  First, US-China trade war negotiations headed sharply south. Second, heightening tensions in the Middle East sprang into focus with attacks on oil shipping

Read More »
Is Now the Time to Buy Silver?

Is Now the Time to Buy Silver?

Mike Hammer May 14, 2019 Comments Off on Is Now the Time to Buy Silver?

Last week, we noted that we hadn’t given an Elliot Wave analysis update for a while.  Of course – thanks to the universal principle widely known as “IN YOUR FACE!!!” – an Elliot Wave analysis then gets published

Read More »
Trump’s Latest Nominee Could Impact Gold Prices

Trump’s Latest Nominee Could Impact Gold Prices

Mike Hammer May 13, 2019 Comments Off on Trump’s Latest Nominee Could Impact Gold Prices

After a good start, President Trump hit a rough patch filling empty seats on the Federal Reserve Board

Read More »
Market News: A Discussion on the Gold Trader’s Dilemma

Market News: A Discussion on the Gold Trader’s Dilemma

Mike Hammer May 10, 2019 Comments Off on Market News: A Discussion on the Gold Trader’s Dilemma

Gold traders are on the edge of the dreaded Trader’s Dilemma. Though I haven’t heard it called this yet, everyone who’s traded longer than 3 months has got caught in it, and no one

Read More »
Silver Demand Has Hit a 3-Year High [Details]

Silver Demand Has Hit a 3-Year High [Details]

Mike Hammer May 9, 2019 Comments Off on Silver Demand Has Hit a 3-Year High [Details]

As silver traders struggle with a weak market, commercial demand for silver continues strong.  Silver demand has risen to a 3-year high, according to today’s featured article.  And that can’t be a bad thing for

Read More »
Through its purchase of gold, China is sending the U.S. a major warning

Through its purchase of gold, China is sending the U.S. a major warning

Mike Hammer May 8, 2019 Comments Off on Through its purchase of gold, China is sending the U.S. a major warning

China announced yesterday that they increased their central gold reserves by 480,000 oz (approx 14.9 tonnes) in April, noting that this is the fifth straight month of increases.  The announcement also noted this brings Chinese reserves to 61.1

Read More »
Has Silver Finally Hit Its Bottom?

Has Silver Finally Hit Its Bottom?

Mike Hammer May 7, 2019 Comments Off on Has Silver Finally Hit Its Bottom?

Silver traders saw a bounce off 14.70 Monday.  Silver was falling heading into the NYMEX open, and in a reversal of recent patterns, it actually headed up instead of down. So the 14.60 low

Read More »
Gold News: The Collapse of the ‘Best Stock Market’ Explained

Gold News: The Collapse of the ‘Best Stock Market’ Explained

Mike Hammer May 6, 2019 Comments Off on Gold News: The Collapse of the ‘Best Stock Market’ Explained

We often hear that interest rates, high deficits, and poor national economic policies are creating the next financial collapse. But how exactly does it work?  What leads to what, what signs can a normal person look for

Read More »