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Gold Has Explosive Potential - Gundlach

April 27, 2018 / www.kitco.com

(Kitco News) - Famed hedge fund manager and“bond king of Wall Street” Jeffrey Gundlach continues to be bullish on gold,reiterating his call that when the market breaks above through criticalresistance at $1,360 an ounce, gold will push $1,000 higher.According to recent Reuersarticle, Gundlach presented his bullish case for gold Tuesday at an event forDoubleLine clients. He also said th...Read More

Adam Hamilton: Gold Stocks' Spring Rally 3

April 27, 2018 / www.miningfeeds.com

The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May one of the best months of the yea...Read More

Gold Miner Advances Nevada Mine Quickly into Stable Planned Production; Significant Cash Flow Awaits

April 26, 2018 / www.miningfeeds.com

The Critical Investor profiles a miner that is ramping up its gold mine in Nevada on time and on budget.Pan Mine, Nevada1. IntroductionFiore Gold Ltd. (F:TSX.V; FIOGF:OTCQB) has progressed its Pan Mine in Nevada, U.S. in a very steady fashion, on time and on budget. Exploration for additional resources (and hopefully years of mine life as well) has been successful so far, and a new COO has been...Read More

Gold To Slide To $1,312; Silver Overdue For Breakout - Phil Streible (Part1)

April 26, 2018 / www.kitco.com

Apr 27, 2018 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures Gold prices are likely to continue falling on the back of rising yields and a strong dollar, said Phil Streible, senior market analyst at RJO Futures. "The 3% yield really shook the cage of the gold bulls, and we saw gold prices sell off. I think they're going to continue to slide down, most likely [to] the 200-day mov...Read More

Gold Sees Mild Corrective Rebound From 5-Week Low

April 27, 2018 / www.kitco.com

(Kitco News) - Gold pricesare slightly higher in early U.S. trading Friday, on a modest corrective bouncefrom selling pressure that drove prices to a five-week low overnight. A solidrally in the U.S. dollar index this week is still squelching buying interest inthe precious metals. June Comex gold futures were last up $1.10 an ounce at $1,319.30.May Comex silver was last down $0.026 at $16.465 an o...Read More

Commerzbank: Data Show Chinese Gold Demand 'Subdued'

April 27, 2018 / www.kitco.com

Data on China’s gold imports from Hong Kong suggest thatChinese demand for the precious metal has been “subdued,” says Commerzbank.Analysts cite a report from the Census and Statistics Department of the HongKong government showing that China imported 59.4 tonnes of gold on a net basisfrom Hong Kong in March. “Though this was 79% up on the previous month, whichwas distorted...Read More

BATTERY RAW MATERIALS MARKET REPORT 27/04: Chinese lithium carbonate prices fall as producers cut offers

April 27, 2018 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

Gold Should Bounce

April 27, 2018 / www.kitco.com

Although the recent pattern ingold has become ugly, there should be a dead-cat bounce in the metal in thenext couple of days. Gold has been in a consolidation pattern for months andonce again the metal is coming down to the bottom end, which suggests a bounce.Even if gold headed lower, whichis expected, a healthy bounce to $1,330-$1,340 is in the cards. Gold has becomevery oversold the last four t...Read More

LORD COPPER: Writing on the wall for Deripaska despite change in US tone on Rusal sanctions

April 27, 2018 / www.metalbulletin.com

The US government's easing of sanctions on Rusal benefits the Russian aluminium producer's employees, US consumers of the metal - and any potential buyers of Oleg Deripaska's shareholding, writes Lord Copper."The Moving Finger writes; and, having writ,Moves on: nor all thy Piety nor WitShall lure it back to cancel half a Line,Nor all thy Tears wash out a Word of it."Well, that's what Omar Kayyam s...Read More

Gold Stocks Continue to Outperform the Precious Metals

April 27, 2018 / www.kitco.com

Gold priceshave remained under pressure in recent days despite a growing laundry list ofconcerns, from falling equities and rising treasury yields to continuedgeopolitical worries. To the frustration of many, gold has been unable to breakout of its nearly 4-month consolidation between $1300 to $1365 but the minershave been quietly outperforming during the past two months. While thesafe haven metal...Read More

LIVE FUTURES REPORT 27/04: LME copper, tin prices fall 2.4%; nickel, Ali down 2.2%

April 27, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange ended the week on a downward move at the close of trading on Friday April 27, with both copper and nickel prices falling more than 2%.Copper's three-month price spent most of the day consolidating in positive territory close to the $7,000 per tonne mark. The red metal dipped during the afternoon, with prices falling more than 2% to below $6,800 per ton...Read More

Dow Drops Slightly, S&P 500 and Nasdaq Post Small Gains - TheStreet

April 28, 2018 / www.thestreet.com

Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished down slightly on Friday after three days of gains. Amazon.com Inc. rose 3.6% and opened at an all-time high on Friday. Microsoft Corp. rose 1.6% Friday after earnings topped Wall Street forecasts.For the week the Dow declined 0.62%, the S&P 500 dropped 0.01% and the Nasdaq slid...Read More

Anaconda Scores Home Run After Home Run

April 27, 2018 / www.321gold.com

Bob Moriarty ArchivesApr 27, 2018When I was a kid my baseball heroes wereMickey 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 and forth each trying to hit more home runs than the other. Eventually I learned that hitte...Read More

BATTERY RAW MATERIALS MARKET REPORT 27/04: Chinese lithium carbonate prices fall as producers cut offers

April 27, 2018 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

Bitcoin Daily Chart Alert - Price Uptrend In Place - April 27

April 27, 2018 / www.kitco.com

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Gold Stocks' Spring Rally 3

April 28, 2018 / www.321gold.com

Adam HamiltonArchivesApr 27, 2018 The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May...Read More

NON-FERROUS WEEK IN BRIEF: LME sanction update; Afarak shelves Helsinki delisting; KMR halts production in SA; China minor metal imports, exports

April 27, 2018 / www.metalbulletin.com

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week. Base metalsGeoffrey Gao will become chief executive officer of Australian-Chinese miner MMG from this August.Minera Escondida has ended early talks with its unionized workers aimed at agreeing a new labor deal, the Chilean copper producer said.Anglo American recorded a 13% year-on-year decline...Read More

Moneta Porcupine adds higher grade zones to the Golden Highway inventory

April 27, 2018 / feedproxy.google.com

Moneta Porcupine (ME.TO) has released the assay results of an additional 8 holes that were drilled at the South West deposit, which is a part of the Golden Highway project in Ontario. Some of the holes of the current drill program are aimed at extending the total strike length and the depth extension of the mineralized vein structures.The recent assay results have now confirmed the existence of fi...Read More

Take Five: World markets themes for the week ahead

April 27, 2018 / www.kitco.com

LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/FED UP AGAINFederal Reserve policymakers meet on May 1-2 after raising rates in March and signalling at least two more 25 basis point increases were in the offing this year. Some economists expect three.The Fed is unlikely to raise rates...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% and 4% on the Week

April 27, 2018 / news.goldseek.com

CloseGain/LossOn WeekGold $1323.60+$6.10-0.90%Silver$16.52UNCH-3.56%XAU82.93+0.49%-2.57%HUI182.04+0.84%-1.16%GDM634.13+0.61%-0.40%JSE Gold1095.67+0.56-0.70%USD91.51-0.08+1.31%Euro121.28+0.22-1.31%Yen91.75+0.15-1.38%Oil$68.10-$0.03-0.41%10-Year2.959%-0.023UNCHBond143.1875+0.8125+0.13%Dow24311.19-0.05%-0.62%Nasdaq7119.80+0.02%-0.37%S&P2669.91+0.11%-0.01% The Metals: Gold fell $1.90 to $1315....Read More

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