(Reuters) - Facebook’s 9.4 percent jump after blockbuster results and gains in chipmakers powered technology stocks on Thursday, with easing U.S. bond yields helping the sentiment on Wall Street.The S&P technology index rose 2.2 percent, the biggest gainer among the 11 major S&P sectors, and was on track to break its six-day losing streak. Only six stocks in the 69-member index were...Read More
A judge ruled that a bar was well within its right to kick out Trump supporters. And this is great news.Not because I have any particular animosity towards Trump supporters (any more than other enablers of government oppression). I’m not saying Trump supporters should be kicked out of bars. If I owned a bar I certainly wouldn’t kick out Trump supporters. After all, it’s not lik...Read More
April 26, 2018 (Investorideas.com Newswire) Canaccord Genuity analyst Eric Zaunscherb relayed where this company stands with respect to building its mine and plant.In an April 23 research note, Eric Zaunscherb, an analyst with Canaccord Genuity, reported that eCobalt Solutions Inc. (ECS:TSX;ECSIF:OTCQX;FRA:FCO) provided a progress update on its advanced-stage Idaho cobalt project, currently in the...Read More
Battle Over Trendline Support Continues Here is a brief update of our recent series of observations on the stock market. First of all, the SPX has just tested its major trendline for the third time after making yet another lower high - it is back below the 38% retracement level after a failed attempt to break through the 50% level. The same applies to NDX, DJIA and NYA as well, but the RUT (Russel...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher for a second straight day, after closing higher Wednesday and shaking a five-session losing streak. Advanced Micro Devices Inc. popped 13% after the chipmaker beat analysts' forecasts.Shares of Facebook Inc. rose 9% on Thursday after the social media giant posted earnings that beat Wall...Read More
April 26, 2018 (Investorideas.com Newswire) Analyst Andrew Kaip with BMO Capital Markets relayed this Canadian precious metals company's latest accomplishment.In an April 23 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Sabina Gold & Silver Corp. (SBB:TSX; RXC:FSE; SGSVF:OTCPK) achieved "a key milestone" with its Back River project in Nunavut by finalizing with the...Read More
CloseGain/LossGold $1317.50-$5.60Silver$16.52-$0.04XAU82.52+0.07%HUI180.53-0.17%GDM630.18+0.33%JSE Gold1095.67+0.56USD91.59+0.39Euro121.06-0.68Yen91.60+0.07Oil$68.19+$0.1410-Year2.982%-0.044T-Bond142.46875+0.71875Dow24322.34+0.99%Nasdaq7118.68+1.64%S&P2666.94+1.04% The Metals: Gold fell $7.70 to $1315.40 by midday in New York before it bounced back higher into the close,...Read More
April 26, 2018 (Investorideas.com Newswire) The common shares of Taiga Gold Corp. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the listing date.Taiga Gold Corp is a junior exploration company focussed on the search for economic gold mineralization in Northern Saskatchewan. The company's projects are located near the Seabee Gold...Read More
WASHINGTON (Reuters) - The U.S. Senate confirmed CIA Director Mike Pompeo to be President Donald Trump's secretary of state on Thursday, ending a bruising confirmation fight with a comfortable vote.As senators continued to vote, the tally was 54-41 in favor of the Republican former member of the House of Representatives, meaning he was confirmed in the post. Pompeo had faced stiff resistance from...Read More
David Morgan says the U.S. stock market is in a downtrend. A waterfall decline is possible. Gold and silver are still in consolidation. However, the gold/silver ratio is coming down. And both metals continue to make higher lows. Morgan expects a move to the upside.Is silver in a deficit? This depends on your definition of "deficit." The truth is, the above ground inventory of silver is growing.Mor...Read More
COLORADO SPRINGS, CO, April 26, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for April 2018 payable on May 23, 2018 to shareholders of record as of May 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico a...Read More
Antioquia's Governor Luis P?(C)rez said that his province, located in the central northwestern part of Colombia, is the first one to prevent 25 tonnes of mercury from gold mining from polluting local rivers and forests.During a meeting held with officials from the Mining Ministry and other government representatives, P?(C)rez said that the initiative called Antioquia Free of Mercury is yielding po...Read More
Comex copper prices were once again trading in negative territory on Thursday April 26 morning in the US, with the bolstered dollar weighing on the complex.Copper for May settlement on the Comex division of the New York Mercantile Exchange declined 1.50 cents or 0.5% to $3.1195 per lb. The contract has been unable to set a clear price direction in recent weeks. Over the past few days, the...Read More
Toronto, Ontario - April 26, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Pancontinental Gold Corporation (TSXV: PUC) ("Pancon" or the "Company") has entered into an option agreement (the "Agreement") effective April 25, 2018 with Hastings Highlands Resources Limited ("Hastings") to earn up to 76% of the McBride Nickel-Cobalt-Copper Project (the "McBride Project or the "Project"), located in...Read More
Gold thoughts and points NAPOLEON BONAPARTE... Napoleon Bonaparte once advised to "never interfere with an enemy when he is making a mistake." Some gold companies' shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with; ye...Read More
US facing anemic growth...Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
Bob Moriarty of 321 Gold discusses a miner with projects in Nova Scotia and Newfoundland that has made a bid for a neighbor.When I was a kid my baseball heroes were Mickey Mantle and Roger Maris. At the age of fourteen, I was eighty pounds soaking wet so the only thing I played well was the radio. I used to have to run around in the shower to get wet. Year after year Maris and Mantle would go back...Read More
NEW YORK/LONDON (Reuters) - U.S. retail investors are losing their appetite for physical gold as buoyant stock markets offer tempting alternatives, sending sales of newly minted coins to their lowest in a decade.More and more coins are also being sold back onto the market, further eroding demand for newly minted products.Gold American Eagle bullion coin sales from the U.S. Mint slumped to a third...Read More
Source: Jack Chan for Streetwise Reports 04/26/2018 Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver remain in place. --> Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long-term. The gold sector is...Read More
Goldcorp-backed Auryn Resources Inc. (TSE:AUG) announced today that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.The reason behind such assertion is the company's recent addition of 60,000 hectares to its Sombrero project, which means that now its land position is greater than 100,000 hectares. The decision to stack was taken after the company received the re...Read More