The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold p...Read More
The Constitutional Court of Guatemala will take longer than expected to decide whether precious metals miner Tahoe Resources (TSX:THO)(NYSE:TAHO) can resume operations at its Escobal silver mine, the company said.While Tahoe has not yet received the formal resolution, it said the delay is in part because the judge requires certain information that has to be provided within 15 business days b...Read More
(Bloomberg) - When Lonmin Plc Chief Executive Officer Ben Magara announced in December that Sibanye Gold Ltd. had agreed to buy the platinum miner, he was visibly relieved.He can't relax just yet.To keep the deal alive, Lonmin should avoid burning cash by the time of shareholder votes on the purchase later this year, according to Sibanye. That may be a tough ask for a company that's been forced t...Read More
This first-of-its-kind, asset based (as opposed to measurement focused) machine health monitoring system has been designed to meet the changing needs of today's marine asset management professionals.This web based 'software-as-a-service' tool represents the first phase of a multi-segment software development strategy from SKF's machine health software team based in Gothenburg, Sweden. The goal is...Read More
Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Friday it expects to lose about 200,000 tonnes in coal output due to an almost two-month interruption at its Elkview coal mine in British Columbia.The Vancouver-based miner, which confirmed the restart of the mine's drying complex, said repairs will cost less than $10 million, in line with previous estimates.F...Read More
Goldstone Resources (GRL.L) has initiated an investigation to figure out if it could reopen the old Akrokeri mine, located on the prospecting license with the same name. This mine was in production for 5 years between 1904 and 1909 before it had to be shut down due to water inflow, but during those five years, approximately 75,000 ounces of gold were recovered from 104,000 tonnes of rock. This i...Read More
You have probably heard of the Milgram Experiment. Stanly Milgram wanted to see how obedient ordinary people were to authority figures. So he got participants to sign up for an experiment on learning.The unwitting participants were given control over an electric shocker. The nodes were hooked up to an actor who the participants thought was also a random participant. The participant was supposed to...Read More
For Part 1 of this interview, CLICK HEREMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this te...Read More
The small contrariangold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely driftinglistlessly, totally devoid of excitement. But that’s the best time to buy low, when few others care. The gold stocks continue to form strongtechnical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap...Read More
- Swedish authorities concerned cashless society is happening 'too quickly' and heading into 'negative spiral'- Only 25% of Swedes paid in cash at least once a week in 2017, 36% never use cash- Cash usage in Sweden falling both as share of GDP and in nominal terms- Sweden may be world's first economy to introduce a cryptocurrency, the e-krona- Cashless is not a disincentive for illegal drug trad...Read More
Our proprietary cycle indicator continues down.To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term whipsaws. But overall, the cycle indicator provides us with a clear direction how we should be speculating.InvestorsDuring a major...Read More
"We have taken sufficient measures in the process of internationalization of the yuan which from now on will allow the yuan to be used in trade and investment." Continue...Read More
Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitc...Read More
Hi, I'm trader Andrew Keene.I'm filling in for Nilus this weekend...Usually, I deliver my readers fast-paced trading advice. I seek out "alpha" — market-beating returns — like a cold-blooded mako shark. That's why my friends on Wall Street call me "The Alpha Shark."I'll be honest — usually I'm NOT a buy and hold investor.But because I've just released my brand-new bootcamp (there...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $1.50 to $1,323.10 on Friday. The TSX Venture Exchange lost 0.57 point to 828.90 while the TSX Gold Index fell 1.35 points to 180.05. New Gold Inc. (NGD) led Canadian golds lower, dropping 11 cents to $3.10 on...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Friday was a so-so 81-85-124. The TSX Venture Exchange fell fractionally to 828 while rough diamond prices edged upward. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. gained 1.5 ce...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for April delivery gained $1.92 to $62.04 on the New York Merc, while Brent for May gained $1.88 to $65.49 (all figures in this para U.S.). Western Canadian Select traded at a discount of $24.30 to WTI ($3...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost a fraction to 828.90 Friday but ended the week up 2.88 points. Larry Doan and David Smalley have filed a preliminary prospectus to list their third wildlife capital pool shell, Ponderous Panda Capital Corp...Read More
A new report released by BMI Research states that global nickel ore production growth will continue to accelerate in 2018 as major producer countries see a recovery in production levels following subdued output in 2017."We forecast world nickel production to grow by an annual average rate of 3.5% over 2018-2027, slightly slower than the 3.5% average rates achieved during 2008-2017, which were boos...Read More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More