There’s nothing more heartbreaking than a missed opportunity.About five years ago, I had a conversation with Jake, a good friend of mine who was also a hedge fund manager.Jake was telling me his biggest regret when it came to investing.“If only I had realized how strong the market was in 2012,” he told me with shame in his eyes. “I missed out on one of the best investment p...Read More

In a somewhat surprising move, Sandstorm has announced a new gold stream/royalty acquisition.The company says it will invest a total of $42.5 million in Americas Silver Corporation for a stream/royalties, debt, and equity.Sandstorm is making a bet on this junior's exploration upside, but the deal carries some risk that shouldn't be ignored, as I explain below.Sandstorm Gold's Latest Deal w...Read More

By: Ira EpsteinJune gold contract swing line 1$273 / $1299.1Read More

By: Jordan Roy-Byrne CMT, MFTAThe downside potential in precious metals discussed last week is playing out as Gold and gold stocks have broken down technically. The global economy appears to be firming and that is evidenced by a sustained rebound in global equity markets. As a result, the potential for a rate cut which pushed precious metals higher is now unwinding. That has caused the breakdown...Read More

I have been writing for quite some time that higher crude oil prices will be a big threat to global economic growth. Iran, Venezuela and Libya crude oil is not there. May to September is the key consumption months for the year. Global economic growth will be derailed if crude oil prices continue to rise. Inflation in Asia will also rise if crude oil prices zoom. Higher crude oil prices is general...Read More

Source: Adrian Day for Streetwise Reports 04/22/2019Fund manager Adrian Day reviews the Goldcorp-Newmont merger as well as provides updates on a number of resource companies in his portfolio, including some that he sees as good buys.Goldcorp has been acquired by Newmont Mining Corp. (NEM:NYSE, 33.04). Shareholders voted in favor of the acquisition, though it was disappointing that, notwithstandi...Read More

Source: Michael J. Ballanger for Streetwise Reports 04/22/2019Sector expert Michael Ballanger discusses generational attitudes toward investing and how they are affecting the precious metals markets.Masochism: "gratified by pain, degradation, deprivation, etc., inflicted on oneself either by one's own actions or the actions of others."On Friday afternoon, I completed my weekly missive, which was...Read More

Corporate earnings took U.S. markets by storm todayU.S. stocks closed significantly higher, with both the S&P 500 and Nasdaq nabbing all-time closing highs on the back of several impressive corporate earnings reports and strong housing data. The Dow also made a notable move north, settling at its highest mark since Oct. 3, after noteworthy results surfaced out of United Technologies (UTX) and Coca...Read More

Gold prices fell to a 4-month low on Tuesday as the dollar gained and investors preferred riskier assets, dampening the safe-haven metal's appeal. Meanwhile Hedge funds and money managers switched to a net short position in COMEX gold in the week to April 16. Where are commodity prices heading next?  Watch Phil Carr at The Gold & Silver Club review Gold with t...Read More

The fund appears headed for its longest weekly win streak in five yearsSkyrocketing oil prices have sparked heavy options trading on United States Oil Fund (USO). The energy-focused exchange-traded fund (ETF) is up 0.9% today to trade at $13.79 -- and 10.3% higher month-to-date -- and calls are in high demand, with one bull betting on even bigger gains over the next month.Taking a quick step back,...Read More

Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More

Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More

Gold prices on Tuesday finished lower as one popular measure of the U.S. dollar teetered near a two-year high, producing headwinds for bullion. Gold for June delivery GCM9, -0.27% declined $4.40, or 0.3%, to settle at $1,273.20 an ounce, with the commodity suffering from the lowest most-active contract settlement since Dec. 26, according to FactSet data. "The safe-haven metals continue to be ham...Read More

The shares are stalling near a key technical area, thoughIt's a record-setting session on Wall Street today, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) poised for all-time closing highs. Among individual stocks making notable moves are retailer Kohl's Corporation (NYSE:KSS), semiconductor name Qualcomm, Inc. (NASDAQ:QCOM), and integrated circuit specialist Silicon Motion Technology C...Read More

BMO Capital Markets has initiated coverage of Probe Metals (TSXV: PRB) with an outperform rating and a C$2.00 target price-double its current share price of C$0.98.By Tuesday afternoon, the Canadian miner's stock was up 7.37% on the TSX, trading at C$1.02. The company has a C$112.8 million market capitalization.The junior explorer's 100%-owned Val d'Or East project "is one of the higher quality Ca...Read More

Cantor Fitzgerald is bullish on the company's migraine drugZosano Pharma Corp (NASDAQ:ZSAN) shares are higher today, after analysts at Cantor Fitzgerald initiated coverage with an "outperform" rating and $12 price target -- more than triple yesterday's ZSAN close of $3.66. The brokerage firm last night waxed optimistic on Zosano's ADAM technology and Qtryptadrug, the latter of which Cantor expects...Read More

The Dow component is preparing to report earningsMicrosoft Corporation (NASDAQ:MSFT) just hit an all-time high of $125.25 ahead of its post-close earnings release tomorrow, April 24, extending its year-to-date gain to roughly 23%. We noted earlier this month that bullish options traders were getting behind the stock, and that trend has continued, with MSFT's 10-day call/put volume ratio at the Int...Read More

Recent positive news suggest the US economy spring revival. But what about gold? Will it blossom? Will the gold love trade take reins from gold as a safe haven play? Retail Sales Surge Last week, the government has released its latest report on the retail sector. The retail sales jumped 1.6 percent in March, the best results since September 2017, as one can see in the chart below. The change was a...Read More

The Dow is heading toward its highest close since OctoberThe Dow Jones Industrial Average (DJI) is up triple-digits today, and eyeing its highest close since October, thanks to a upbeat quarterly earnings from blue chips Coca-Cola (KO) and United Technologies (UTX). In addition, traders are digesting a surprise jump in new home sales in March. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXI...Read More

The software shares are trading in record-high territorySoftware name VMware, Inc. (NYSE:VMW) has been trading in a solid channel of higher highs lately. The shares hit an all-time high of $194.24 just last week, and are now pulling back to their 20-day moving average - a trendline that has acted as support this year.We believe now is an opportune time to get in on VMW's next leg higher. In spite...Read More