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Coronavirus survivors banned from joining the military

June 20, 2005 / marketsanity.com

"During the medical history interview or examination, a history of COVID-19, confirmed by either a laboratory test or a clinician diagnosis, is permanently disqualifying ..."Continue...Read More

Beijing May Dump US Treasuries In Response To US Hostility, Start Its Own QE: Chinese Media

June 20, 2005 / marketsanity.com

In response to recent media speculation that as the blame game over the origins of the coronavirus pandemic escalates the US may cancel some of its $1.1 trillion debt owed to ChinaContinue...Read More

Here's Why Gold Prices Are Rising And Silver Prices Are Falling

May 20, 2005 / marketsanity.com

"Silver prices won't recover until the global economy and industrial production do, so the gold/silver ratio at all-time highs makes sense."Continue...Read More

EGYPT STEEL BILLET, REBAR: Prices decline further amid weak demand

May 08, 2020 / www.metalbulletin.com

Demand for imported steel billet and domestic steel reinforcing bar (rebar) in Egypt remained weak in the week to Thursday May 7, with no improvement anticipated soon due to the Islamic holy month of Ramadan and the Covid-19 pandemic, sources told Fastmarkets.No new billet deals were heard over the past week, sources said.Ramadan, traditionally a slow month for trade in Muslim countries, bega...Read More

Jeff Deist - Bitter medicine the sick U.S. economy needs to take

June 20, 2005 / marketsanity.com

SBTV speaks with Jeff Deist, President of the Mises Institute, about why the shutdown of the U.S. economy is unjustified and how nationalization of industry has begun with the Federal Reserve starting to buy stocks.Discussed in this interview:01:43 Is the government responsible to manage this pandemic?07:31 The One-Size-Fits-All plan to shutdown the U.S. economy14:24 Blaming China for the cost of...Read More

CIS STEEL BILLET: Trading seen mainly in China

May 08, 2020 / www.metalbulletin.com

Trading activity in the Commonwealth of Independent States' export billet market switched to China in early May, while other outlets remained quiet due to the religious holidays in the Middle East, Africa and part of Asia as well as the effects of the Covid-19 pandemic.A 40,000-tonne cargo of Russian billet was reported sold to China through a trader at slightly below $370 per tonne cfr, equivalen...Read More

Frank Holmes: Finding Winners in the Wreckage of the Economic Downturn

May 07, 2020 / www.theaureport.com

While the broader markets have seen sharp declines, Frank Holmes, CEO and chief investment officer of U.S. Global Investors, homes in on gold, gold stocks and bitcoin, and gives his prognosis for the airlines. Streetwise Reports: Let's start with gold, which has seen an impressive rise in the last few months as the broader markets have declined on the back of the coronavirus pandemic. What do you...Read More

Mining Firm Discovers Possible Bulk Tonnage Target at Nevada Project

May 07, 2020 / www.theaureport.com

Goldcliff Resource also acquires 16 claims to expand its property there. Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) made a new discovery of gold mineralization upon drilling at its Nevada Rand property in Nevada, it announced in a news release. The broad zone of mineralization demonstrated gold grades between 0.18 and 1.19 grams per ton. The zone is located at a vertical depth of only 63.0...Read More

Developer Expands Land Package at Quebec PGE Property

May 07, 2020 / www.theaureport.com

Black Tusk Resources has expanded the land package around its PG Highway Property's Palladium/Platinum Group Elements project to 20 claims covering 1,052.3 hectares. In a news release, gold exploration company Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced that "after recently completing all data compilation, Black Tusk management team has decided to increase the land pack...Read More

Exploration Firm Reports Maiden Resource Estimate for Nevada Deposit

May 07, 2020 / www.theaureport.com

Additional resource potential exists at Gold Standard Ventures' project in the Battle Mountain Trend. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release the initial mineral resource estimate of the Virgin gold-silver deposit at its 2,161 hectare Lewis project in Nevada's Battle Mountain Trend.The estimate consists of an Inferred mineral resource of 7.74 million tons. T...Read More

Explorer Starts Phase 2 Drilling at Colombia Gold-Silver Project

May 07, 2020 / www.theaureport.com

Outcrop Gold expects the 120-hole, 13,000 meter program to extend into Q1/21. Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCMKTS; MRG1:FSE) announced in a news release it began its Phase 2 drill program at its Santa Ana high-grade silver-gold project in Colombia.The White Rock, Canada-headquartered explorer plans about 120 core holes over 13,000 meters (13,000m) of the La Ivana target, one of nine at t...Read More

Stocks Climb as Nasdaq Reclaims Breakeven

May 07, 2020 / www.schaeffersresearch.com

Wall Street brushed off another week of spiking jobless claims Stocks turned in outsized gains today -- buoyed by optimism over easing lockdown restrictions -- as investors mostly overlooked another week of dismal jobless claims. The big story was the tech-rich Nasdaq, which added over 1.4% to close atop its year-to-date breakeven for the first time since late-February. The Dow also made an impres...Read More

Mixed Reviews for Yelp Stock Ahead of Earnings

May 07, 2020 / www.schaeffersresearch.com

Yelp is on the docket to post earnings after the market closes todayThe shares of Yelp Inc (NYSE:YELP) are up 5%, last seen trading at $23.14, ahead of the restaurant review platform's first-quarter earnings report,due out after the close today. Below, we'll dive deeper into the company's earnings history, and why options traders may have a difficult time discerning where YELP will head after it...Read More

Apple Supplier Climbs Ahead of Q1 Report

May 07, 2020 / www.schaeffersresearch.com

Universal Display is set to post its first-quarter earnings after the close this eveningSemiconductor concern and iPhone screen specialist Universal Display Corporation (NASDAQ:OLED) is gearing up for its first-quarter earnings report due out after the close this evening, with its stock up 4.6% to trade at $153.33 today. With support in place at its 20-day moving average, OLED has gradually start...Read More

Nasdaq Recovers 2020 Losses, Oil Rises

May 07, 2020 / www.schaeffersresearch.com

The Dow is up over 330 points middayThe Dow Jones Industrial Average (DJI) is up over 330 points midday, shaking off worse-than-expected weekly jobs data. The tech-heavy Nasdaq Composite (IXIC) is also in the black in today's trading, earlier marking a notable turn positive for 2020 as well -- the first major index to do so since the pandemic sparked the broad market sell-off in March. Following...Read More

Wall Street Bets Big on T-Mobile Stock After Subscriber Surge

May 07, 2020 / www.schaeffersresearch.com

T-Mobile shared a profit beat and a surge in subscribers The shares of T-Mobile Us Inc (NASDAQ:TMUS) are up 6.3% to trade at$92 this morning, after the wireless provider reported first-quarter earnings of $1.10 per share, beating out Wall Street's estimates. Conversely, its $11.1 billion in revenue fell short of analyst's expectations. The firm added that its monthly bill paying subscriber count...Read More

Apple Supplier Running into Technical Ceiling

May 07, 2020 / www.schaeffersresearch.com

Applied Materials is running out of steam on the charts Chip name and Apple supplier Applied Materials, Inc. (NASDAQ:AMAT) is running out of steam on the charts lately, breaking down below its -20% year-to-date level, which coincides with its 10% year-over-year gain area. With the shares now forming a rising wedge breakdown pattern, and additional resistance emerging at their 200-day moving averag...Read More

PayPal Soars to Record High After Earnings

May 07, 2020 / www.schaeffersresearch.com

The company reported a first-quarter earnings beatThe shares of PayPal Holdings Inc (NASDAQ:PYPL) are up 10.2% at $141.38, earlier touching a fresh record high of $143.85, after the company posted a first-quarter earningsbeat. The payments name also shared optimism for its second-quarter forecast, saying sales will increase as people start to return to work. In response, no fewer than 12 analysts...Read More

EU CARMAKER CLOSURES 07/05: Daimler reports successful restart after extended shutdown

May 08, 2020 / www.metalbulletin.com

German carmaker Daimler, the owner of Mercedes-Benz, has restarted production at most of its sites following an extension of its previous closures.Daimler originally suspended production at many of its sites for an initial period of two weeks from March 23, following widespread disruption resulting from the Covid-19 pandemic. This was then extended until April 30. Short-time working had been in pl...Read More

Light Crude oil prices have bottomed and starting to rise / Commodities / Crude Oil

May 07, 2020 / www.marketoracle.co.uk

Light Crude oil prices have dropped an alarming 68 percent since the start of 2020. Brent prices are down 60 percent over the last four months. But recent price action appears to show that the worst of oil's decline is likely over.As the world economies are still being mauled by the effects of COVID-19, there are growing signs that oil prices are starting to recover. Light Crude oil prices have s...Read More

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