Seabridge Gold intends to initiate data collection and analysis on this orogenic gold asset. In a news release, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that its acquisition of the 3 Aces gold project in the Yukon closed."3 Aces is a first rate exploration play with the potential to host a high grade commercially-viable ore body," Seabridge Gold Chairman and CEO Rudi Fronk said in th...Read More
The China virus, the economic lockdowns, and themulti-trillion-dollar rescue efforts of central bankers have dominated marketsover the past three months.However, as lockdowns gradually lift and the 2020 election drawsnearer, investors will begin to focus more on political developments.The once-strong economy that President Donald Trump had hopedwould propel him to re-election has collapsed. The Pr...Read More
When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have already pointed to the 2008 global financial crisis (GFC) as the most relevant example. However, is really the current coronavirus recession similar to the Great Recession? Let’s compare these t...Read More
By: Ira EpsteinFirst week of June a big week in US, many places re-opening. Lay-offs a big threat still and as the largest employers, and oh boy, there are going to be problems.Gold is acting very good..Read More
It's no surprise to most investors that the Fed is propping up the stock market. However, if we compare the Dow Jones Index versus the continued unemployment claims, something seriously wrong is going on. According to the St. Louis Federal Reserve, continued unemployment claims are nearly four times higher than the peak reached in June 2009. When the continued unemployment claims reached a...Read More
The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.This 2020 gold price target of $3,000 is a littl...Read More
The China virus, the economic lockdowns, and themulti-trillion-dollar rescue efforts of central bankers have dominated marketsover the past three months.However, as lockdowns gradually lift and the 2020 election drawsnearer, investors will begin to focus more on political developments.The once-strong economy that President Donald Trump had hopedwould propel him to re-election has collapsed. The Pr...Read More
When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have already pointed to the 2008 global financial crisis (GFC) as the most relevant example. However, is really the current coronavirus recession similar to the Great Recession? Let’s compare these t...Read More
The China virus, the economic lockdowns, and themulti-trillion-dollar rescue efforts of central bankers have dominated marketsover the past three months.However, as lockdowns gradually lift and the 2020 election drawsnearer, investors will begin to focus more on political developments.The once-strong economy that President Donald Trump had hopedwould propel him to re-election has collapsed. The Pr...Read More
When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have already pointed to the 2008 global financial crisis (GFC) as the most relevant example. However, is really the current coronavirus recession similar to the Great Recession? Let’s compare these t...Read More
The China virus, the economic lockdowns, and themulti-trillion-dollar rescue efforts of central bankers have dominated marketsover the past three months.However, as lockdowns gradually lift and the 2020 election drawsnearer, investors will begin to focus more on political developments.The once-strong economy that President Donald Trump had hopedwould propel him to re-election has collapsed. The Pr...Read More
When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have already pointed to the 2008 global financial crisis (GFC) as the most relevant example. However, is really the current coronavirus recession similar to the Great Recession? Let’s compare these t...Read More
LONDON, 28 May 2020 - Insight from BullionVault today leads a report from global investment newspaper of record the Financial Times on how the Covid Crisis is affecting the world's gold bullion market."People have typically gravitated towards the [New York] Comex to hedge their physical stockpiles," the FT quotes Adrian Ash, director of research at the online gold platform, "but when you have this...Read More
The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.This 2020 gold price target of $3,000 is a littl...Read More
By: Gary SavageI warned you about this situation. Gold's option expiration on Tuesday. Usually see an attack. The triangle consolidation pattern was blocked and not allowed to get follow-through, the technical will transform into a box:https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold dropped because of the strong equity markets, but not the tech sector -- stalling. Gold's trend is down in the short-term:Read More
Spot gold is higher than comex gold futures after a very long-term time. Silver, copper and crude oil will remain firm on demand outlook and mine supply pressure. Trend of all metals, energies and US dollar Index till 2nd June can be misleading. Trend between 3rd June to 17th June will be sustainable. COVID is getting less attention now. Focus is on jobs and economy. COVID infections once world...Read More
The Dow surged to its session highs at the closeThe Dow logged big gains for the second day in a row, overthrowing the closely watched 25,000 mark for the first time since March 10 with a 553-point win while surging to its session highs at the close. The S&P 500 enjoyed a notable rally too, reclaimingits key 200-day moving average and the 3,000 level for the first time since early March. Bank stoc...Read More
Ralph Lauren reported a larger-than-anticipated fiscal fourth-quarter lossThe shares of Ralph Lauren Corp (NYSE:RL) are down 0.2% at $81.18 at last check, after the retailer reported a steeper-than-anticipated fiscal fourth-quarter loss. Today's damage has been contained though, after CEO Patrice Louvet predicted that the company's growth in China will return to pre-COVID-19 levels by the second q...Read More
Papa John's options are relatively cheap right nowAlthough disrupted in mid-March like most of the broader market, Papa John's International, Inc. (NASDAQ:PZZA) has quickly rallied off its aforementioned $28.55 low and now sports a 23% year-to-date gain. Ahead of the market crash, PZZA was relatively consistent since mid-2019 and now is charging higher, making it the perfect time to buy calls....Read More