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Beaten-Up Teck Resources Ltd. Has Reached a New Low. Is This a Golden Opportunity?

July 01, 2015 / www.fool.ca

Shareholders of Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) have endured a lot of punishment in recent years. The stock, which once traded above $60, now trades just above $12. On Tuesday it reached a new 52-week low. And in the last three months, the stock has gone down by more than a third.So, what's caused this collapse, and will it turn around?All about ChinaTeck is quite possibly the one Canadi...Read More

3 Reasons Investors Should Acquire Goldcorp Inc. Now

July 01, 2015 / www.fool.ca

When market conditions are ripe for an asset to take off, and that asset is currently underpriced, it creates an opportunity; acquiring the asset should ensure a profit. And, in my opinion, Goldcorp Inc. (TSX:G)(NYSE:GG) is one of those companies that have been hammered in the market, making it highly lucrative.It is a common belief that investors should buy gold because it is a great store of val...Read More

The Three Senses of Marriage

July 01, 2015 / www.thedailybell.com

A remarkably swift and broad shift in public attitudes toward gays and lesbians, unlike any other in recent history, preceded the Supreme Court's ruling Friday that found a constitutional right to same-sex marriage.As recently as 1990, about seven in eight Americans said sexual relations between adults of the same gender were wrong. In 2004, less than a third supported same-sex marriage, and o...Read More

Buying Gold Helps in a Crisis like Greece

July 01, 2015 / moneymorning.com

As Greece's financial crisis continues to deepen, gold purchases are surging.Greece has capped cash withdrawals to keep banks from collapsing after Greeks dashed to yank money out of ATMs following the referendum call at the start of the weekend. The maximum withdrawal amount has been set at 120 euros ($134) for the week, after the government reopened some banks Wednesday to help pensioners who do...Read More

Mcx Metal Call - Buy Aluminium at CMP 105.15 for TARGET 106.0 - 106.25 with SL 104.30 && BUY Lead at CMP 111.0 for Target 111.80 - 112.0 with SL 110.35

June 30, 2015 / mcx.freetips.tips

MCX METAL CALLMcx Metal Call - Buy Aluminium at CMP 105.15 for TARGET 106.0 - 106.25 with SL 104.30 && BUY Lead at CMP 111.0 for Target 111.80 - 112.0 with SL 110.35Read More

Insider buying jumped on Monday

June 30, 2015 / www.canadianinsider.com

Insiders were quite active on the TSX yesterday. As the broad market fell about 2% on fears over Greece, insider buying surged based on TSX insider summary marker data. There were 94 stocks with buys versus only 19 with sells. That puts the ratio of stocks with buying versus stocks with selling at 4.95 to 1. The relatively high ratio indicates that insiders were indeed out in force during yesterda...Read More

Avalon banks on new blood metals' rule for Canada's tin mine success

June 30, 2015 / www.mining.com

The Rio Algom mine closed in 1992. The pit - 1.5 kilometres long, 0.5 km wide and 60 metres deep - was then flooded, with runoff directed to a tailings pond for treatment. (Image by Fred A. Hatfield | Flickr Commons)Canada's Avalon Rare Metals (TSX:AVL), until now mostly known for its incursion in the rare earths market, is proceeding with a $1.3 million work program in South-western Nova Scotia t...Read More

Central Bank Lies & Consequences

June 30, 2015 / www.thedailybell.com

The European Central Bank says it is not increasing its emergency funding for Greek banks, amid fears that Greece may default on its debts on Tuesday.The decision not to raise the cap on aid to Greece increases the likelihood of bank closures and restrictions on cash withdrawals, analysts say.That in turn could eventually result in Greece leaving the euro.The ECB said that it stood ready to review...Read More

Will Puerto Rico Cause An Inadvertent "Black Swan" Derivatives Melt-Down?

June 30, 2015 / investmentresearchdynamics.com

I really had not been paying much attention to the Puerto Rico debt situation. After all, $72 billion in debt that might go bad - big deal. The Fed can print up $72 billion in credit lines with the push of a button.But a friend of mine happened to mention to me today (Monday) that MBIA's stock was down over 23% and Assured Guaranty's stock was down over 13%. That woke me up.MBI guarantees $4.5...Read More

Six Biggest Myths About Gold

June 30, 2015 / bmg-group.com

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Central Bank Lies & Consequences

June 30, 2015 / www.thedailybell.com

The European Central Bank says it is not increasing its emergency funding for Greek banks, amid fears that Greece may default on its debts on Tuesday.The decision not to raise the cap on aid to Greece increases the likelihood of bank closures and restrictions on cash withdrawals, analysts say.That in turn could eventually result in Greece leaving the euro.The ECB said that it stood ready to review...Read More

Eldorado Gold Corp.: the Canadian Company That Benefits Most From a Grexit

June 30, 2015 / www.fool.ca

As Greece imposes capital controls and shuts its banks, a so-called Grexit-which would see the country depart from the Eurozone-looks more likely than not. It's a terrifying time not only for the Greek people, but for the world economy as well.As a result, stocks around the world are in full retreat, and Canadian stocks are no exception. But there's one company whose shares aren't retreating at al...Read More

2 Stocks to Buy if Precious Metals Surge

June 30, 2015 / www.fool.ca

Equity markets are finally starting to realize that all is not right in the world today. Greece has closed its banks, China is battling a property bubble, and most of the Middle East is on the verge of total chaos.These events are not coming out of the blue, but the market has built up an amazing ability to shrug off threats. Now, the scope of the risks might finally be hitting home.As an investor...Read More

Central Bank Lies & Consequences

June 30, 2015 / www.thedailybell.com

The European Central Bank says it is not increasing its emergency funding for Greek banks, amid fears that Greece may default on its debts on Tuesday.The decision not to raise the cap on aid to Greece increases the likelihood of bank closures and restrictions on cash withdrawals, analysts say.That in turn could eventually result in Greece leaving the euro.The ECB said that it stood ready to review...Read More

Dow Jones Industrial Average (DJIA) Today Rebounds 23 Points on Decisive Day for Greece

June 30, 2015 / moneymorning.com

For June 30, 2015, here's how the Dow Jones Industrial Average (DJIA), S&P 500, and Nasdaq did, plus top market news and stocks to watch ...Stock Market Closing Numbers:Dow Jones: 17,619.51; +23.16; +0.13% S&P 500: 2,063.12; +5.48; +0.27% Nasdaq: 4,986.87; +28.40; +0.57%The DJIA today gained 23 points, paring gains after the Greek debt talks broke down in the final hours before the European nation...Read More

New Silvertip Mine in northern B.C. set to start construction

June 29, 2015 / www.mining.com

Silvertip's mining activities to-date on the Project have included over $40 million in exploration work, comprising approximately 2.4 km of underground workings and over 71,000 m of surface and underground drilling. Image from JDS Silver.[News release from BC Ministry of Energy and Mines]The Province has given the go-ahead to JDS Silver to begin construction on the Silvertip Mine in Northern B.C,...Read More

Rocket explosion a fresh blow to asteroid mining ambitions

June 29, 2015 / www.mining.com

Image via @NASA.(*) New: Scroll down to read Planetary Resources' response to this article.When an unmanned SpaceX rocket carrying cargo to the International Space Station disintegrated over the Florida coast just two minutes after lift-off Sunday, the pieces not only fell on billionaire Elon Musk's aerospace venture image, but they may have also clouded the rising asteroid mining sector's dreams....Read More

Eldorado Gold to make payroll despite Greek turmoil

June 29, 2015 / www.mining.com

Eldorado Gold (NYSE:EGO) says it will keep paying worker salaries at its Greek mines despite a severe curtailment of financial institutions.Greece has closed its banks and markets. Tomorrow a 1.6 billion euro (US$1.8 billion) falls due. Bloomberg asked Eldorado Gold how it will manage operations in the current climate: "At the moment the capital controls imposed by the Greek government are not hav...Read More

Will insiders play it cool as the summer sweating starts?

June 29, 2015 / www.canadianinsider.com

June 29, 2015 - Last week we suggested that investors could expect hotter markets this summer with the caveat that it would not come without some sweating. While the first week of summer did see stocks heat up with the INK Canadian Insider Index advancing 1.9%, the sweating starts this week with a bank holiday in Greece on the back of collapsed bailout talks.The decision of the far-left Greek Prim...Read More

South Africa's gold workers 'unimpressed' with 13% pay rise offer

June 29, 2015 / www.mining.com

Striking South African miners. (Image from archives)South African gold companies tabled Monday a five-year wage increase offer of as much as 13% to the industry's unions, which said the proposed pay rise falls "way too short" of their demands.Unions representing 93,000 gold miners want between 100% and 80% salary hike from employers including AngloGold Ashanti (NYSE:AU), (JSE:ANG), Harmony Gold (N...Read More