Gold stocks Articles

Here's Why the Price of Palladium Just Zoomed Past Gold

Wednesday, 23 January2019 / Frank Holmes

By Frank HolmesPalladium might not fill headlines the way gold does, but it's been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time ever, it broke through $1,400 an ounce last week before pulling back somewhat. From its 52-week low set in August, palla...Read More

Charts for Key Stocks Show How Quickly Bulls Could Turn the Tide

Wednesday, 23 January2019 / Rick Ackerman

I've bent over backwards lately second-guessing my permabear side, on a hair-trigger as I wait for the short squeeze from hell to begin. Instead, the Masters of the Universe who supposedly control the stock market like it's a PlayStation game can barely muster a decent rally other than fleeting ones on the opening bar. Have I perhaps overestimated the sleazeballs? Probably. Regardless, it all com...Read More

Davos: David Attenborough Warns We Are Damaging The World Beyond Repair'

Wednesday, 23 January2019 / Staff reporter

David Attenborough warns Davos summit The Garden of Eden is no more' If we wreck the natural world, we wreck ourselves warns Attenborough If we destroy our environment, it will badly impact our economies and markets We must put the environment at the heart of our financial and monetary systems Future proof our economies, our currencies, our finances & our pensions with gold Hope for the best bu...Read More

Asian Metals Market Update: Jan 23 2019

Wednesday, 23 January2019 / Chintan Karnani

Gold and silver are steady. Trump's top economic advisor is looking for commitments from China for a trade deal. Uncertainties over a trade deal will prevent gold from a big sell off. Right now the trend in gold is neutral. Silver needs to trade over $1500 to be in a bullish zone. Day traders are on the sidelines. Long term investors are using sharp dips to invest in gold. Some large fund manager...Read More

Gold Seeker Closing Report: Gold and Silver Close Mixed with Stocks

January 23, 2019 / Chris Mullen, Gold Seeker Report

 CloseGain/LossGold $1283.00-$1.60Silver$15.36+$0.03XAU68.86+0.18%HUI151.86-0.22%GDM573.37+0.13%JSE Gold1350.79+8.99USD96.12-0.24Euro113.83+0.20Yen91.47-0.18Oil$52.62-$0.3910-Year2.746%+0.007T-Bond145.00-0.40625Dow24575.62+0.70%Nasdaq7025.77+0.08%S&P2638.70+0.22%  The Metals: Gold edged up to $1286.50 in Asia before it dropped back to $1278.70 in early New York trade and th...Read More

World's "Elite" Just Sent a Chilling Warning... But There's a Silver Lining

January 23, 2019 / Zach Scheidt

Davos Switzerland...It may look like a peaceful winter wonderland. But if you visit the Davos ski resort in Switzerland this week, you’ll hear some forecasts that will chill your nerves as an investor.Fortunately, there’s a silver lining. One that will set you up for luxurious gains on your 2019 brokerage statement. But to lock in these profits, you’ll have to be brave!Let’...Read More

Gold May Return 25% In 2019 Given Brexit, Trump and Other Risks IG TV Interview GoldCore

22 January, 2019 / GoldCore

Outlook for gold in 2019: IG TV Victoria Scholar interviews GoldCore Given Brexit & Trump risk, trade wars & fragile economic growth, gold may gain 20%-25% in 2019 Palladium has surged to record highs and gold will play catch up in coming years and reach record highs again; Both nominal highs near $1,900/oz and inflation adjusted at much higher prices Global demand will be strong in 2019 and gol...Read More

Asian Metals Market Update: Jan 22 2019

22 January, 2019 / Chintan Karnani, Insignia Consultants

Risk of a sustained Chinese slowdown is higher after the Chinese president stressed the need to maintain political stability. Jobs are the key to every nation. Increase in joblessness will create political issues in communist China. Industrial metals can fall first or the pace of rise will reduce after comments from the Chinese president. The Chinese have started/intend to start a massive infrast...Read More

Dow Drops 300 Points on Troubling China Headlines

Jan 22, 2019 4:29 PM / Karee Venema

Signs China's economy is slowing got the bearish ball rollingThe Dow dropped triple digits out of the gate on signs of a slowing global economy. Disappointing housing data here at home and sinking oil prices only added to the risk-off backdrop, with panic-selling setting in on mid-afternoon headlines indicating the U.S. has turned down China's offer to meet ahead of next week's high-level trade ta...Read More

Now Might Be Time to Change the Channel on DISH Stock

Jan 22, 2019 3:25 PM / Lillian Currens

Another technical bear signal just flashed for the broadcasting concernThings have not been looking good for DISH Network Corp (NASDAQ:DISH) stock of late. Although the broadcasting name has bounced since hitting a seven-year low of $23.22 on Dec. 27, it's historically been one of the worst stocks to own during Martin Luther King Jr. Day week in the past 10 years, averaging a loss of nearly 3%. Wh...Read More

M&A Updates Send Arconic and Tilray Stocks Lower

Jan 22, 2019 2:33 PM / Patrick Martin

EDIT is near the bottom of the Nasdaq, tooStocks are sinking to start off the holiday-abbreviated week. Among the names struggling are metals specialist Arconic Inc (NYSE:ARNC), gene editing stock Editas Medicine Inc (NASDAQ:EDIT), and weed stock Tilray Inc (NASDAQ:TLRY). Below, we'll take a look at what's moving the shares of ARNC, EDIT, and TLRY.ARNC Plummets After Ditched SaleThis morning, Arco...Read More

Options Volume Runs Hot as Weibo Stock Sinks

Jan 22, 2019 2:20 PM / Karee Venema

Worries over China's economy and a bearish brokerage note are pressuring WBThe shares of Weibo Corp (NASDAQ:WB) are spiraling today on concerns over slowing Chinese economic growth. A downgrade to "neutral" from "buy" at Nomura Instinet is only exacerbating headwinds, with the brokerage firm also cutting its WB price target to $61 from $74. At last check, the stock is down 11.7% at $53.67, and opt...Read More

IDM uncovers new Lacasse zone at Red Mountain

Jan. 22, 2019, 2:05 PM / Canadian Mining Journal Staff

Vancouver-based IDM Mining reports it has discovered a new zone - Lacasse - at its Red Mountain gold project 15 km east of Stewart. Underground drilling also targeted multiple zones for resource expansion, conversion and further exploration.The Lacasse zone occurs in the hanging wall of the AV zone, and it appears to be at an oblique angle to the major mineralized zones at Red Mountain. It is name...Read More

Ely Gold options Idaho gold project

Jan. 22, 2019, 1:30 PM / Staff

Ely Gold Royalties (TSXV: ELY) announced this week that, through its wholly-owned subsidiary Nevada Select Royalty, it has entered into an option agreement with Delamar Mining Company, a wholly-owned subsidiary of Integra Resources (TSXV: ITR), to option a 100%-interest in a group of leased lands situated in Owyhee County, Idaho.The lands belong to what is known as the War Eagle Property and they...Read More

Risk sentiment hit by IMF pessimism; Gold glitters

Jan 22, 2019 13:30 / Staff reporter

A wave of risk aversion swept across financial markets today with global equities retreating as pessimism over global growth sapped risk sentiment. The International Monetary Fund’s recent gloomy global growth outlook left a bitter aftertaste while Brexit-related uncertainty and a prolonged US government shutdown drained investor confidence. With investors clearly keeping a safedistance from...Read More

A Weakening Global Expansion Amid Growing Risks. Will Gold Benefit?

Jan 22, 2019 13:19 / Staff reporter

Thousands of political, business and cultural leaders are heading now towards Davos, Switzerland, to attend the World Economic Forum. On the eve of the world's biggest annual gathering of the rich and powerful, the International Monetary Fund released its newest world economic outlook. What are the forecasts – and their implications for the gold market?   Global Expansion Weakens We...Read More

Miners try to move away from fossil fuels - report

Jan. 22, 2019, 1:11 PM / Staff

A research report by Wood Mackenzie asserts that electrification and automation will be a key priority for global mining companies as they try to move away from fossil fuels.The document, Global Trends: What To Look For In 2019, states that to reach such a goal, major firms are employing data analytics that allow them to improve productivity and efficiency at a low cost."Building a world-class low...Read More

Ray Dalio, founder of the world's biggest hedge fund, sees a 'significant risk' of a possible US recession in 2020

2019-01-22T08:07:25-0500 / Matthew J. Belvedere

The billionaire investment titan warns there's a "significant risk" of a possible economic recession in the United States in 2020.Dalio, co-CIO and co-chairman of Bridgewater Associates, says, "It's going to be globally a slow up. It's not just the United States."But the billionaire investment titan also says a pause in Fed rate hikes makes it possible to "extend the equilibrium."Matthew J. Belved...Read More

Analyst Calls For Earnings Flop From U.S. Steel

Jan 22, 2019 12:58 PM / Josh Selway

There's also bearish activity in the options pits todayUnited States Steel Corporation (NYSE:X) is slated to report earnings after the market closes next Wednesday, Jan. 30, and brokerage Jefferies is expecting the company's numbers to disappoint. The firm lowered its opinion on X shares to "hold" and cut its price target to $24 from $27, saying flat steel margins have been under pressure, which c...Read More

The hawks surrender

Jan. 22, 2019, 12:49 PM / Peter Schiff - Euro Pacific Capital

They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets.For much of the last decade many conservative market analysts have decried our reliance on monetary stimulus to prop up the economy and the stock market. But in the final months of 2018, in the face of the worst stock market declines in a decade, many of these supposedly...Read More