YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMGold was sold lower by a few dollars by 9 a.m. CST in Far East trading on their Friday morning -- and that proved to be the low tick of the day. From that juncture it headed quietly higher until minutes before 2 p.m. China Standard Time on their Friday afternoon. It edged lower until the 10:30 a.m. morning gold fix in London -- and then began...Read More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
Today on INK Ultra Money Free we visit James Bay in Quebec where Azimut Exploration (AZM) has been actively exploring using big data. The stock soared on Tuesday on the back of encouraging maiden drilling results from its Elmer project. In this short and free INK Research video, we explain what is driving the excitement in the stock and area again. Two plays in James BayAn audio download is also...Read More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
David HaggithSince hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction for 2020.There is no sense going further if I got that wrong.To lead off, new housing sales have finally recovered fr...Read More
The gold miners' stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg's peak. Gold stocks being mired in a consolidation so long, even a relatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll over into a correction,...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
Disappearing StuffSaved LivesUnlocking the DoorA Better World, by the NumbersMiami and New YorkWe haven't had a lot of good news lately. Or, more precisely, we haven't seen a lot of good news lately, though it does exist. We don't see it because both regular media and social media usually focus on the bad.That's not entirely wrong. The survival imperative makes humans watch for threats, and so...Read More
The current program at the British Columbia property has only "scratched the surface." Dunnedin Ventures Inc. (DVI:TSX.V) hit a new discovery on drilling at its MPD copper-gold porphyry project in southern British Columbia, the company announced in a news release. The company intersected the new discovery, the Gate zone, through drill hole MPD-19-003. Gate "underlies a large copper-in-soil anomal...Read More
Both targets being reported demonstrate upside potential of the asset. Roxgold Inc. (ROXG:TSX) reported in a news release the latest drill results from its S?gu?la gold project in C?te d'Ivoire, which were of high grade."We are very encouraged by the latest S?gu?la assay results, which illustrate the upside potential of this project," President and CEO John Dorward said in the release. "The Ancie...Read More
The gold miners’ stocksare wavering, frustrating traders. Forthe better part of a half-year, this sector has neither broken out nor brokendown. Instead it has mostly groundsideways since the last upleg’s peak. Gold stocks being mired in a consolidation so long, even arelatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll over i...Read More
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMGold was sold lower by a few dollars by 9 a.m. CST in Far East trading on their Friday morning -- and that proved to be the low tick of the day. From that juncture it headed quietly higher until minutes before 2 p.m. China Standard Time on their Friday afternoon. It edged lower until the 10:30 a.m. morning gold fix in London -- and then began...Read More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
Chinese steel production increased in 2019 amid stronger demand from the construction sector, according to data released by China's National Bureau of Statistics on Friday January 17.2019 outputCrude steel: 996.34 million tonnes, up 8.3%Finished steel: 1.2 billion tonnes, up 9.8% ...Read More
Market participants in China say they are not worried by the expected increase in steel imports from the United States, even after the two major economic powers signed the phase one economic and trade agreement on Wednesday January 15. While the agreement does not set out the increase in quantity of US-origin steel exports China will accept, Chinese market participants do not expected the increase...Read More
Central China-based Henan Luoyang Iron & Steel is to sell its 1.04 million tonnes per year of crude steel capacity to a mill in southern China's Guangdong province, according a notice released by the Henan Industry & Information Technology Department on Tuesday January 14.Seller: Luoyang Iron & SteelLocation: Luoyang city, Henan...Read More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
David HaggithSince hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction for 2020.There is no sense going further if I got that wrong.To lead off, new housing sales have finally recovered fr...Read More