Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Silver Crown Royalties Inc. (SCRI:CBOE) has exercised its option to increase its royalty interest to 90% of the silver produced from the PGDM complex in Goias State, Brazil. Find out what this announcement is aimed to do for the company moving forward.Silver Crown Royalties Inc. (SCRI:CBOE) has exercised its option to increase its royalty interest to 90% of the silver produced from the PGDM comple...Read More
The basis for analysis and forecasting at Elliott Wave International is fundamentally different from everyone else's.Here's a prime example in gold.This excerpt is from the March Elliott Wave Financial Forecast, when gold was trading below $2,050/oz. Gold's three-month implied volatility has declined to its lowest level in over four years. While low volatility is not a short term timing tool, low...Read More
The major gold minersjust reported their best quarterly results ever! Record gold prices combined with lower miningcosts catapulted unit earnings to dazzling new records. Yet despite exploding profitability, goldstocks continue to lag gold’s mighty upleg. This anomaly won’t last, as investors increasingly realize how seriouslyundervalued this sector remains. Ther...Read More
The world cannot decarbonise without copper. The scale of the investment required in new mine supply is well understood. But the implications for downstream processing and semi-manufacturing are often overlooked. And China dominates both these sectors. On this month’s Horizons Live our panel looks at what it would take to diversify copper supply from China – and why de-riski...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:35 AM EDTS&P 500 futures dropped 9 points following release of U.S. July Housing Starts report at 8:30 AM EDT. Consensus was a drop to 1.350 million units from 1.363 million units in June. Actual was a drop to 1.238 million units.H&R Block added $4.61 to $62.10 after reporting higher than consen...Read More
Last week, Ukraine launched an incursion into Russia proper, in the Kursk region (WWII historians are well aware of Kursk).Previously, Ukraine had not sent large-scale forces across the border into Russia proper.Map of Kursk region, courtesy of BBC.Ukraine sent in as many as six (likely understrength) brigades, supported by tanks and armored vehicles.Let's get real, though: That's not anywhere eno...Read More
Mr. Barry Ritholz of the eponymous Ritholtz Wealth Management:We were warned that deficit spending would crowd out private capital, choke off innovation and new company formation; it will send the costs of U.S. borrowing skyrocketing higher, making the debt impossible to manage; force the U.S. dollar to be radically devalued against all other currencies, thereby devastating the U.S. economy; cause...Read More