Gold stocks Articles

Silver Price Discovery - It's Still a Fixing / Commodities / Gold and Silver 2016

Tuesday, October 18, 2016 / Dr_Jeff_Lewis

Absurdities continue in the world of derivative or electronic or paper silver. In what will someday be viewed as the monumental public relations miracle that it is, the silver fix has been transplanted into just another body riddled with cancer.Below I've collected and commented on one of the most prevalent stories characterizing the announcement.The essence of this is moderately transparent. The...Read More

Silver, Debt, and Deficits - From an Election Year Perspective / Commodities / Gold and Silver 2016

Tuesday, October 18, 2016 / DeviantInvestor

It is an election year. We should anticipate 8 years of upcoming trauma, following nearly 8 years of "hope and change," after 8 years of "no nation building," after 8 years of "I did not have sexual relations with that woman."Examine the official US national debt in 8 fiscal year increments (10/1/84 - 9/30/92 etc.) using linear and log scales. You can see that official national debt has been risin...Read More

The Public Pension Time Bomb Is Starting to Explode

18/10/2016 / FS Staff

Earlier this year, a bombshell was dropped when it was reported that California's Public Employees' Retirement System (Calpers)-the largest public pension fund in the U.S.-earned only 0.6% on its investments last fiscal year. Why is this such a big deal, you ask? Well, because, in order to meet their long-term obligations in the form of pension benefits promised to millions of state employees depe...Read More

Atlanta Gold Announces Us$750,000 Loan From Jipangu Inc.

18 October 2016 / ATLANTA GOLD

Toronto, ON -October 18, 2016 -Atlanta Gold Inc. (the "Company") (TSXV: ATG; OTC Pink: ATLDF) announces that it has borrowed US$750,000 from Jipangu Inc. on an unsecured basis, bearing interest of 8% per annum and repayable on demand at any time after March 31, 2017 or in some instances sooner if the Company completes a significant equity financing before March 31, 2017.About the CompanyAtlanta Go...Read More

IDM Mining's game plan: build a small mine to fund expansion

Oct. 17, 2016, 2:53 PM / MINING.com Editor

IDM Mining (TSE:IDM) plans to start a scaled-down mine that will fund exploration projects nearby, says president and CEO Rob McLeod.McLeod's Red Mountain Gold project is 15 km northeast of Stewart, BC. The underground gold and silver project has a net present value of $133.1 million at a 5% discount rate. The project has a measured and indicated total of 441,500 gold oz. and 1.379 million silver...Read More

Peruvian farmer who died in protest against MMG's Las Bambas mine was shot to death - Gov't

Oct. 17, 2016, 9:00 AM / Cecilia Jamasmie

A Peruvian farmer who died Friday during protests against MMG's giant Las Bambas copper mine, which came online this year, was shot to death, authorities have confirmed Monday.Interior Minister Carlos Basombro said the victim died from a bullet wound to the head, presumably fired by Peruvian police while they attempted to disperse more than 200 protesters who had blocked an access road to the mine...Read More

Pac Rim Mining loses suit against El Salvador

Oct. 17, 2016, 5:00 AM / MINING.com Editor

Last Friday, the World Bank's International Centre for Settlement of Investment Disputes declared without merit Pacific Rim/OceanaGold's $250-million lawsuit against El Salvador.The investment tribunal rejected the company's claims of having lost potential profits as a result of not being granted permits for the El Dorado gold mining project in the Central American country. Thus, it was ordered to...Read More

Caterpillar CEO Oberhelman to step down in March

Oct. 17, 2016, 4:50 AM / Cecilia Jamasmie

Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, will lose its iconic chairman and chief executive officer early next year, as Doug Oberhelman has decided to retire effective March 31 after more than 41 years with the company.Traditionally, CAT's top executives have remained in their positions beyond age 65. The fact that Oberhelman is retiring at 63 suggests he is leaving ahead of...Read More

Harmony Gold bullish on cash flows as it reports increased output in Q3

Oct. 17, 2016, 3:40 AM / Cecilia Jamasmie

South Africa's Harmony Gold (JSE:HAR) (NYSE:HMY), the world's fifth largest producer of the precious metal, said Monday that production in the three months to September was about 10% percent higher than the previous quarter.After losing money for three years to 2015, Harmony is now focused on finding ways to offset falling production at its South African operations.However, the 514,000 ounces of g...Read More

Jack Chan: This past week in gold and silver

Oct. 17, 2016, 2:00 AM / thegoldreport

Technical analyst Jack Chan charts the latest moves in gold and silver markets, noting COT data is showing signs of a bottom.Our proprietary cycle indicator is down.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal as the buy signal has failed. Short-term...Read More

California Gold appoints IAMGOLD co-founder Larry Phillips as advisor to the Board and Executive Management

Oct. 17, 2016, 12:30 AM / California Gold Mining Inc.

California Gold Mining Inc. ("CGM" or the "Company") is pleased to announce the appointment of veteran gold mining executive, Larry E. Phillips, as an Advisor to the Board of Directors and Executive Management. In this role, Mr. Phillips will advise the Company's Board and Management in matters related to mergers and acquisitions, strategic business development, and corporate governance.Mr. Philli...Read More

Indian Gold Jewelry Sales Set to Hit a Four-Year High

October 17, 2016 / Frank Holmes

Just as April showers bring May flowers, plentiful monsoon rains in India tend to drive up demand for gold jewelry among rural, income-flush farmers, who make up a third of the country's consumption of the yellow metal.It's a relief to hear, then, that India just had its best monsoon season in three years, with heavy rains washing away people's fears of yet another drought.Add to that the fact tha...Read More

Equity Bubble Has Run Out of Excuses and Time

October 17, 2016 / Michael Pento

It is finally going to be a make or break earnings season for stocks. This is because the justification for record high stock prices that have been perched atop extremely stretched valuation metrics has been the following false assumptions: the hope that the Federal Reserve will not resume its interest rate hiking cycle, the U.S. dollar stops rising, the price of oil enters a sustainable bull mark...Read More

Despite Worst Week For Gold Futures, ETF Inflows Continue

October 17, 2016 / Frank Holmes

StrengthsThe best performing precious metal for the week was gold, losing slightly less than a half of 1 percent, followed closely by silver with just a 0.78 percent decline. These metals largely stabilized following the prior week's significant decline.This week's combination of weak export data from China and talk of a rate hike from the Federal Reserve sent traders rushing into the safety of b...Read More

Recent Corrections For Precious Metal Stocks Are Over

October 17, 2016 / Dr. F.T. Dao

The Relevance Of Cycle AnalysisThere are some debates as to the direction of the precious metal stocks and the gold and silver price. From the cycle perspective, we say that the recent corrections are over. The gold and gold stocks will now be resuming the rise. In this article, we will review the big picture and the long term gold stock analysis first. The reader is encouraged to read our nume...Read More

Wars And Rumors Of Wars Abound

October 17, 2016 / David Haggith

Wars and rumors of wars are now filling the headlines as listed below with the most immediate top-level rumors of war being created by Russia among its own citizens.Rumors of wars directly from the KremlinAs tensions between the US and Russia have reached their highest since the Cold War, Russia denounced American duplicity last week and asked its own citizens whether they are ready for a nuclear...Read More

Technical Analysis Of The Markets

October 17, 2016 / Andre Gratian

Current Position Of The MarketSPX Long-Term Trend: The long-term trend is up but weakening. Potential final phase of bull market.SPX Intermediate-Trend: The uptrend from 1810 continues, but it has entered a corrective phase which could extend into November. Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of dai...Read More

This Past Week in Gold and Silver / Commodities / Gold and Silver 2016

Monday, October 17, 2016 / The_Gold_Report

Technical analyst Jack Chan charts the latest moves in gold and silver markets, noting COT data is showing signs of a bottom. Our proprietary cycle indicator is down.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal as the buy signal has failed. Short-te...Read More

December Might Be the Next Buying Opportunity in Gold / Commodities / Gold and Silver 2016

Monday, October 17, 2016 / John_Mauldin

By Jake Weber,Garret/Galland ResearchThere's no doubtgold has had a good run in 2016. Its recent selloff has caused it to give upmost of its post-Brexit gain. Still, the yellow metal is up nearly 20% on theyear. And a new buying opportunity may be on the horizon. Concerns aboutanother Fed rate hike are dragging down the price. Those worries are fueled bya continued pickup in US economic data in...Read More

Gold Prices Set For Further Losses Amid Rising Rate Hike Likelihood / Commodities / Gold and Silver 2016

Monday, October 17, 2016 / AnyOption

After briefly crossing back below thecritical $1250 per troy ounce level again on Friday, gold are once again poisedto experience an extended period of losses on the back of rate hikespeculation. Even though Wall Street wasnot pleased by the latest jobs figures reported earlier in the month, expectationsare for inflation to continue trending higher, adding to the case for theFederal Reserve to ra...Read More