- Richard (Rick) MillsThe US Federal Reserve, the country's central bank, did what many expected on Wednesday, and held interest rates steady, while signaling that a rate cut is on its way. Despite pressure from President Trump to lower interest rates, the Federal Open Market Committee (FOMC) concluded after a two-day meeting that it will stay pat for now, meaning no change to the 2.25% to 2....Read More
Gold finally surged to new bull-market highs this week! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners' stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and investors wildly underdeploye...Read More
Summary: Gold closed at $1348 today according to Stockcharts but is now much higher at $1365 as I write this update. My two longer-term weekly charts on GLD show the potential for a massive upside breakout where price could really run hard & fast. My first chart is a 6 Year weekly showing a massive inverse Head & shoulders pattern that is ready to bust out to the upside of the inverse neckl...Read More
By: Ira EpsteinDrone Thursday - 100% July Cut in Rates Priced in - Gold Market is responding to falling dollar, rates, FOMC, drones, safe haven buying roaring into the market.Gold roars higher:Read More
- Jordan Roy-Byrne CMT, MFTAGold has finally broken out to the upside.In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz. As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month (and quarter) next week will provide an additional clue as to th...Read More
Bullion's powerful rally this week has kicked this popular mining-stock vehicle into high gear. I haven't tracked it in quite a while but aim to do so now, provided it remains feisty and interesting. In that regard, GDX looks like it's about to ratchet up the interest-level, although not in a way we might have preferred. Notice that Thursday's energetic short-squeeze brought the ETF within inche...Read More
Apart from the technical, Iranian issue is also contributing to gold's rise. Momentum is bullish for gold and crude oil. Silver has a lot of potential to rise IF it tries to play catch up with gold. China is trying to mediate for a denuclearization of the Korean peninsula. Developments in Korea will not have any effect on gold or currency markets. One should look for signs of profit taking bef...Read More
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Gold neared a six year high on Thursday, leaving market watchers debating if the metal will break the US$1400 per ounce level.Read full newsRead More
"Ryan Brown and Justin Braune on North Bud's Acquisition of EUREKA Vapor -- @Northbudco #NBUD $NBUD $NOBDF #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #CBD #smallcap #cannabis #THC #medicalmarijuana @eurekavape #Midasletter-Watch the Video here: https://t.co/OiZPWOY6y4"Read full newsRead More
LOS ANGELES - An alliance of large marijuana businesses had a message for the public Tuesday: We're good corporate citizens. The 45-member Global Cannabis Partnership, which includes Canopy Growth ...Read full newsRead More
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TORONTO - Today, Greg Rickford, Minister of Energy, Northern Development and Mines issued the following statement regarding the passage of Bill C-69 by the Senate:"The Ontario Government is profoundly disappointed that Bill C-69 has been passed by the Senate. We remain firm in our position that Bill C-69 is misguided legislation that will negatively impact resource development and the energy secto...Read More
"PreveCeutical (@Preveceuticals) (#CSE: $PREV | #OTCQB: $PRVCF) Announces Appointment of New Directors [https://t.co/dGlXWwYa3Z]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #business #potstocks #CBD #CBDlife #CBDcures #cbdoil #cannabis"Read full newsRead More
"$NBUD Proud to be Canadian ??????????"???"^?~'?,? Acquire Distribution Company in California ?~'?,? Grow Low Cost Bud in Ontario ?~'?,? Play with the big boys #Northbud #MomentumStocksRead more here;https://t.co/GhKqETr0cL"Read full newsRead More