Canadian Unemployment Rate Slightly Better Than Expected

Canada’s Unemployment rate for April held unchanged from March at 7.1 percent, despite estimates that the unemployment rate would increase to 7.2 percent.

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Gold Stocks Rise Too Far Too Fast?

The gold-mining stocks have skyrocketed this year, radically outperforming every other sector.  Smart contrarians who bought them low late last year and in January have seen their capital doubled, tripled, and even quadrupled!  But such blistering gains raise the ominous specter of crippling overboughtness, conditions preceding major toppings.  Have gold stocks come too far too fast to continue their epic run?
The magnitude of recent months’ gold-stock surge is simply stunning.  Between mid-January and the end of April, this sector’s flagship HUI NYSE Arca Gold BUGS Index blasted 131.8% higher in merely 3.3 months!  This was largely mirrored by the leading gold-stock ETF, the GDX VanEck Vectors Gold Miners ETF.  GDX saw stupendous gains of 107.1% over this same span.  Gold stocks have been on fire!
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Gold and Silver Market Morning: May-6-2016 — Gold and Silver steady ahead of a move!

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Spanish Money – Spain Coins in Circulation

This is an image showing the coins which are currently used as money in Spain. This Spanish coinage is part of the monetary system used in Spain. Page 66. View full post on About.com Coins: What’s Hot Now

CAC 40 Declines for 4th Consecutive Session

The CAC 40 is trading lower for the fourth consecutive day, and is currently down -1.56% on the session.
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When Gold Confiscation Is a Personal Choice

The specter of government forcefully confiscating gold is still roaming around out there.
That nagging prospect dampens many buying decisions, unfortunate at a time when gold, and especially silver, are near historically bargain basement prices when measured in fiat currency.
Buy low, sell high only works for those who buy low.
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Trump as Presumptive GOP Nominee and Gold

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Museums big and small benefit from numismatic donations – Coin World

Museums big and small benefit from numismatic donations
Coin World
As a teen interested in numismatics and journalism, he identified a writing position on the staff of Coin World as a dream job, which was realized shortly after he graduated from Bowling Green State University with a major in journalism. He collects

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Dow Futures Drop on Weak Jobs Report

Dow Jones sell off enters the support zone identified on Wednesday. The retracement is minimally deep enough in price, but shallow in time.

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The Bitcoin Drama Continues: Craig Wright Disappears and Andresen Says He Was Bamboozled

Yesterday we wrote about our doubts on Craig Wright and who he is.  Less than 24 hours later he has disappeared.

You can say one thing about bitcoin: it’s never boring!  Tracking developments surrounding it is more entertaining than a spy novel.

But, whatever Craig Wright may have had in mind doing with Gavin Andresen seems to have collapsed. Andresen had solidly endorsed Wright’s claim about being Satoshi Nakamoto only yesterday and seemed delighted that his mentor had decided to “go public.”

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Gold Standard University Live

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DAX 30 Remains Under Pressure, NFP on Tap

Yesterday’s price bounce to the DAX 30, induced by bargain hunters, did not hold. Instead this morning, the trend was still bearish below the April 3 afternoon intraday high of 9972.
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Global Precious MMI Up 5% as Gold, Silver Shine as Safe Havens – MetalMiner


MetalMiner
Global Precious MMI Up 5% as Gold, Silver Shine as Safe Havens
MetalMiner
Aside from loosened regulations, the investment metals are sitting in a good, fundamental place. The safe haven status of both gold and silver continues to help their prices as the Federal Reserve again showed no stomach for interest rate increases

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Markets At Crossroads: Huge Moves Brewing In Stocks And Gold

Markets arrived at crossroads, and big moves are around the corner.
Seldom have we seen so many assets and indicators at decision points simultaneously! We see stocks, gold, and the U.S. dollar trading at extremely important levels, all in conjunction. Note that this is not according to technical analysis, but our intermarket analysis and chart patterns.
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Strong Non-Farm Payrolls (NFP) Report to Fuel EUR/USD Weakness

EUR/USD may continue to give back the advance from earlier this year should the Non-Farm Payrolls (NFP) report boosts bets for a June Fed rate-hike.
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