Russia is hoarding gold. The country has bought around 230 tonnes of gold since the start of 2018.
What's more - back in the year 2000 Russia held 830 tonnes of gold - its gold reserves now total more than 2,119 tonnes!
Russian central bank gold reserves are soaring
In fact, there are reports that the Central Bank of Russia is studying a proposal to create a gold-b... ››› more
President Trump's willingness to get around the negotiating table has sparked a risk on rally, with safe havens like Gold, Yen and the Swiss Franc pulling back.
President Trump said he would hold back on new tariffs and China would buy more farm products. He also indicated the US Commerce Department could decide if Huawei should be removed off the list of banned firms and can do so without go... ››› more
The last time gold was at $1,400+ was back in August 2013.
But on Tuesday 25 June 2019 it hit a high of $1,436 to an ounce.
Currently the gold price has pulled back a bit from this sharp rally and sits at $1,408.
But here’s the thing – on 28 May gold sold for $1,276 an ounce. So the shiny metal is up 10.3% since then.
What’s behind this ... ››› more
It's been like something out of a movie this month.
I'd call the movie something like "The Return of the Tanker Wars".
If you're old enough, you'll remember the 80s, when the oil tankers were targeted by US warships in the fight against Iran.
Fast forward to today and already this year, we've seen six oil tankers that have been attacked in the Gulf of Oman and now near the U.A.E.
... ››› more
On 6 May 2019, I sent a gold prediction article where I mentioned that when the gold price hits the popular 200MA line, buyers go crazy, which they did.
And since then, the gold price has pierced right through the predicted target within just one month.
Take a look at the before and after chart to see what I mean.
It’s also great to know that a few of our members mana... ››› more
During the first quarter of 2019, my Red Hot Storm Traders banked two winning gold trades: A 47.77% gain in January and a 41.06% gain in February.
This was all because gold was above a critical level, which confirmed it was in a strong uptrend.
What's exciting is that, now we have an even bigger opportunity to continue profiting from the gold upside in the second quarter of 2019…
... ››› more
Earlier in 2019 I wrote about Palladium – telling investors the metal had just hit an all-time high. At $1,434.50 palladium had run 70% in the preceding months.
However I told investors that at these heights I wouldn’t put my cash in the metal but rather in a miner that produces the metal.
Since then Palladium hit $1,560 mere dollars off the tar... ››› more
Early in February this year, I sent out a prediction on the Brent crude oil price and why I expected it to hit $76.60.
Right now, the oil price is on par with the prediction as, last week, it rose above the $70 mark.
But something has changed…
In fact, I expect the Brent Crude price to rise even higher than I ever imagined. This is all thanks to Opec, five countries and a promising c... ››› more
For years the Saudi's and Russia were the world's largest oil producers - with the US being a net importer of oil…
But that's changed overnight.
US oil production increased by 2 million barrels per day since 2018.
The US now produces 12 million barrels of oil per day. Russia trails the US with 10.65 million barrels per day and Saudi Arabia is third in the world, producing 10.2 millio... ››› more
Over the last few weeks, I've sent out many different resource metal predictions that I believe are set for upside.
From gold, copper, oil and even sugar…
So far, they have all been moving smoothly and are on track.
Even with my Red Hot Storm Trades, these predictions have helped us generate over 200% in gains in the first quarter of 2019.
Over t... ››› more
It's no secret that I believe 2019 will be a good year for gold.
You see, the London Bullion Market Association (LBMA) polled 30 experts on expectations for the gold price in 2019.
Twenty of these experts expect the gold price to rise PAST $1,400 in 2019!
Only six of the 30 analysts expect the gold price to remain below $1,300 for 2019.
Ross Norman of Sharps Pixley, London's top bulli... ››› more
My wife and I have cut down on sugar.
We are trying to be healthier this year by following a strict lifestyle, going to gym six days a week and travelling every three months or so.
Now when you are on a strict lifestyle change, it means you need to be more aware.
Every time I go to the grocery store, I need to make sure that I read the ingredients on EVERYTHING I buy.
You'll be sur... ››› more
Dear Trading Tips reader,
Early in January I sent out a prediction on gold, if you missed it, I highly recommend you read it here.
What’s important to note is gold is, and has, pretty much always been a leading indicator for other precious metals.
In 2001 when Gold ended its downtrend, we then saw the start of a new bull market. Later, we saw other precious metals turn... ››› more
On Thursday 7 February French oil and gas company, Total, announced a major discovery.
It discovered gas condensates 175km off the coast from Mossel Bay in the Western Cape.
This discovery was termed as ‘world class' by Total.
President Ramaphosa mentioned it in his state of the nation address.
And it's been a talking point in many newspapers these past two weeks.
So how big ... ››› more
It looks like 2019, is the year for resources.
Whether you're looking at resource stocks, gold, silver - they all seem to be on the rise.
In fact, with Red Hot Storm Trader we’ve already banked three winning resource stock trades in a row.
On 14 December 2018 we bought Anglo American Platinum and sold it for a 51.95% gain on 18 January 2019. Then we bought Kumba and Anglo Gol... ››› more
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