The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | June 23,2018Read full newsRead More
Commodity prices have been on the rise again - a trend that dates back to about the middle of 2017.But while you may have missed your crack at some truly great investments that were available for a split second at the start of 2016, when the price of crude oil was hovering below US$30 per barrel, the good news is that you still have a chance to pick up some very high-quality companies at decent p...Read More
Much has been made of the escalating trade war between the United States and Canada, but how much of an impact will the latest tariffs really have on Canadians?Last week, the U.S. announced that it was slapping sizable tariffs on Canadian exports of steel and aluminum in an effort to defend a U.S. steel industry that has come under tremendous pressure in recent years. The U.S. announced that it w...Read More
Newly formed Nutrien Ltd. (TSX:NTR)(NYSE:NTR) makes and sells crop nutrients around the globe. If you think gold is the ultimate defensive product, you'd better believe that food is right ahead of it. After all, to paraphrase an old Native American saying, you can't eat gold.That said, while food is arguably more defensive than gold, its price is just as volatile, if not more so. The factors that...Read More
Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) is approaching its lows for 2017, and investors are wondering if this is a good time to buy or to book profits and stay on the sidelines.Let's take a look at the current situation to see if Teck should be in your portfolio right now.Coal, copper, zinc, and oil outlook Teck produces metallurgical coal, copper, and zinc. The company is also a 20.89% partn...Read More
The price of oil is screaming higher.But very few are paying attention.And it's most likely crude is only headed higher from here. Investors should be aware.Oil prices touched $74 per barrel yesterday for the first time since 2014, increasing a hefty 13% for the week.The rally this week is due to a number of factors:Falling U.S. crude inventoriesOPEC production concernsU.S. sanctions on importers...Read More
CloseGain/LossOn WeekGold $1252.50+$4.30-1.39%Silver$16.09+$0.09-2.25%XAU81.59+2.21%-0.50%HUI174.52+2.35%-1.36%GDM620.96+1.91%+0.35%JSE Gold1059.76+35.81-0.64%USD94.57-0.75+0.02%Euro116.79+1.13+0.14%Yen90.37-0.12-0.83%Oil$74.15+$0.70+8.12%10-Year2.855%+0.015-1.38%Bond144.90625-0.0625+0.63%Dow24271.41+0.23%-1.26%Nasdaq7510.30+0.09%-2.37%S&P2718.37+0.08%-1.33% The Metals: Gold edged up to $1...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort195,118118,44651,434171,601266,564418,153436,444Change from Prior Reporting Period -7,79712,043-5,44810,126-9,035-3,119-2,440Traders18390885050274192 Small Speculators (C) GoldSeek.com LongShortOpen Interest 50,42032,129468,573 3,3472,668228 non reportable positionsChange from...Read More
This quarter was a trader's paradise. Volatility was good in currencies, metals as well as energies. Stock market bears and bulls had a nice tug-o-war. I do not see a repeat in the third quarter. Volatility will be less. Change will be there but it will be smooth and orchestrated by central banks and their aided financial institutions. My only message is invest in instruments which have strong m...Read More
Cannabis' non-intoxicating relative hemp has finally been given a pass by the U.S. Senate, just in time for the 4th of July.On Thursday, the omnibus agriculture and food policy legislation called the 2018 Farm Bill passed with an 86-11 vote to legalize the cultivation, processing and sale of ...Read full newsRead More
The cryptocurrency market has lost over US$9 billion over the past 24 hours, as the valuation of the market dropped to US$233 billion.Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), B Cash (BCH), and others dropped by more than 5%. At press time, bitcoin t...Read full newsRead More
Amazon came onto the pharma scene swingin' for the fences with the $1B purchase of PillPack.Read full newsRead More
The total number of fatalities at South African mines has climbed to 47 so far this year, and 21 have occurred at Sibanye-Stillwater's operations.Read full newsRead More
Investors, public and private, are starting to warm to emerging mining technology playsRead full newsRead More
Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) announces a non-brokered private placement (theRead full newsRead More
Mr. Mike Mutchler reportsAMARILLO GOLD ANNOUNCES THE SALE OF AN NSR ROYALTY TO ROYAL GOLD FOR USD $10.8 MILLIONAmarillo Gold Corp. has entered into an agreement for sale of a perpetual 1.75-per-cent net smelter return royalty on the Mara Rosa gold project to RG Royalties LLC, a wholly owned subsidiary of Royal Gold Inc., for $10.8-million (U.S.). The proceeds of the sale are expected to be used...Read More
Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high 11 million barrels per day in July, according to Reuters.The increase, if it can be pulled off, would be an incredibly rapid...Read More
Steel and battery mineral on the riseRead full newsRead More
BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China's lithium battery maker Contemporary Amperex Technology Ltd (CATL) , the German carmaker said on Thursday.Read full newsRead More
Panasonic, Tesla's sole battery cell partner for its electric vehicles, was never seen as a bottleneck in the ramp up of Model 3 production, but the Japanese electronics giant has now admitte...Read full newsRead More