VRIC 2018 top picks predictions - Marin Katusa, Rick Rule, and Frank HolmesThe Vancouver Resource investment conference kicks off on Sunday morning with Marin Katusa, Rick Rule, and Frank Holmes giving out 3 top picks each.Here are my predictions for the top picks.Marin Katusa - Blackbird Energy (BBI.V) , Equinox Gold (EQX.T), GoldMining (GOLD.v), Northern Dynasty (NDM.T)?Rick Rule - EMX Royalty (...Read More
Jason Burack of Wall St for Main St interviewed first time guest, gold fund manager of the Old Mutual Gold & Silver Fund, Ned Naylor-Leyland http://www.omglobalinvestors.com/swit...Ned is a well-known figure in the world of gold and silver investing, with over 17 years' experience and is a frequent presenter at industry conferences. Having worked for Smith & Williamson Ned founded a dedicated prec...Read More
Jason asks Gordon about a lot of global macro topics including: a review of 2017, will central bankers really take away the liquidity punch bowl in 2018, when will the US Dollar be replaced, China's credit bubble, gold, commodities, crypto currency and more!Mr. Long is a former senior group executive with two Fortune 500 international corporations, a principal in a high tech public start-up and fo...Read More
"Identified borderline content will remain on YouTube behind an interstitial, won't be recommended, won't be monetized, and won't have key Continue...Read More
Gold is climbing as bond yields rise andthe dollar falls, over speculation that China is pulling back on buying USTreasuries and Japan signals it is winding down its quantitative easingprogram. Meanwhile, US debt continues to grow after the Republicans underPresident Trump pusheda trillion dollars worth of tax cuts through the Senate, that the Congressional Budget Office thinks will add$1.7 trilli...Read More
The world’s leadinggold-stock ETF is nearing a major upside breakout from key technicallevels. GDX is getting closer tochallenging and powering above $25. Thatwould accelerate the sentiment shift in this deeply-undervalued sector back tobullish, enticing investors to return. Goodoperating results from the major gold miners in their upcoming Q4’17 earningsseason could...Read More
Black swans are very surprising and rare events. As they are beyond the realm of normal expectations, it is impossible to predict them. However, analysts do not care about such details and they outdo each other in forecasts. Our favorite is the list of ten outrageous predictions published by the Saxo Bank. The risk events include: the loss of Fed’s independence for the U.S. Treasury, the plu...Read More
In 2017, the word “disappointment” took on a new spelling – “G-D-X.”After several failed break-out attempts in 2017, there is no question that it provided us a year of frustration.As of Friday, the metals have now give us another indication that a break out attempt may be setting up yet again.And, just like the others we tracked last year, I am unable to tell you defi...Read More
It had to happen after a terrific run from early December, so a consolidation in precious metals is hardly aContinue...Read More
DavidSmith: Two years ago, in this space, I penned an essaydiscussing how Americans - and other countries that are "dollarized"- where the local currency is either the USD or pegged to it - had asignificant advantage when it came to getting the most for their money whenexchanging dollars for precious metals.Lately I looked into this issue again and the good newsis - it's still a good dea...Read More
Yields on U.S. Treasuries have leaped recently. It will wreck the yellow metal. Or maybe not.Yields Reach New Heights. Breakthrough for Gold?Last week, we wrote that concerns emerged that China could stop or slow buying the U.S. Treasuries. The U.S. bond yields reacted strongly. We noted that in theory it should sink gold, but the usual “correlation between bullion and Treasury yields broke...Read More
Holding large-cap cryptocurrencies like Bitcoin and Ethereum have been very profitable long-term, but how does this compare to holding blockchain stocks? And what are some of the top blockchain stocks to consider?As this new technology and the industry springing up around it grows, opportunities arise in multiple areas. For example, we've recently seen how a company's stock can shoot to the mo...Read More
By Jeff Clark, Senior Precious Metals Analyst, GoldSilver ... 2018-01-17You undoubtedly know that 2017 was a record-setting year for the broad stock markets. And while gold was up last year despite numerous headwinds, most mainstream investors aren't paying much attention to gold since they keep seeing so much green in their stock portfolios. Even I was taken back by some of the data from the bu...Read More
CloseGain/LossGold $1326.30-$2.70Silver$16.94-$0.08XAU87.57-1.74%HUI196.54-1.77%GDM662.63-1.38%JSE Gold1309.56-3.95USD90.52-0.19Euro122.41+0.30Yen90.16+0.03Oil$63.95-$0.0210-Year2.620%+0.048T-Bond149.25-1.0625Dow26017.81-0.37%Nasdaq7296.05-0.03%S&P2798.03-0.16% The Metals: Gold fell $4.80 to $1324.20 in Asia before it chopped up to $1333.00 in late morning New York trade, but it then drift...Read More
- Latest bitcoin, crypto crash causes gold coin and bar demand to surge- Bitcoin down 40% from high, Ripple down 50% and Ethereum down 30%- Ripple and 'Digital gold' Bitcoin fall past key psychological price levels- $300bn wiped from cryptocurrency fortunes in just 36 hours- New research says that there is 'Price Manipulation in the Bitcoin Ecosystem'- Savvy crypto buyers converted their short...Read More
The Federal Reserve's beige book stressed on the sustained strength of the US economy. This implies quicker interest rate hikes. Gold fell as a result. To me the correction in gold and silver is a part of the impeding sharp rally. However if gold and silver fall today, then chances of $1292 and $1673 and below will be very high. Short term buyers will turn into sellers. It's a big day for gold a...Read More
* IPO for ADT Corp priced at $14 per share* Target range was $17-$19* Proceeds could total $1.69 billion* ADT plans to use funds to pay down debt By Joshua FranklinJan 18 (Reuters) - U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signalling investors are being...Read More
TAIPEI, Jan 19 (Reuters) - Shares in Taiwan Semiconductor Manufacturing Co Ltd opened up 2.01 percent on Friday morning.The tech giant booked better than expected fourth quarter results on Thursday. (Reporting by Taipei bureau; editing by Richard Pullin) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every...Read More
HONG KONG, Jan 19 (Reuters) - Wanda Hotel Development Co Ltd said on Friday it had requested a trading halt for its shares, pending a statement regarding a "very substantial disposal" by the company.It gave no further details in its statement.Wanda Hotel, a unit of Dalian Wanda Group, said this week that it was selling its 60 percent stake in a company that owns the high-profile One Nine...Read More
Jan 19 (Reuters) - Japanese marketplace app operator Mercari is looking at a Tokyo listing in June that could give it a market value of more than 200 billion yen ($1.8 billion), the Nikkei newspaper said on Friday.The listing had initially be slated for 2017 but was delayed due to discussions with the country's Financial Services Agency over which business category it should be placed in, the Nikk...Read More