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Paper Tiger: Why The Dollar's Rebound Won't Last

April 27, 2018 / www.outsiderclub.com

Last week, I talked about volatility and the wild swings the stock market has taken this year.But other markets - namely currencies and commodities - have had their own shares of ups and downs.Take the dollar, for instance.This week, it's on a winning streak. The dollar index gained 2% in the past week, boosted by rising interest rates and higher Treasury yields.But ultimately, it won't last.Here'...Read More

Gold To Hit $1,800, 'Overvalued' Stock Market To Crash - Billionaire

May 01, 2018 / www.kitco.com

(Kitco News) - Keeping most of your wealth in the stock market might not be a good idea, according to one Egyptian billionaire, who invested half of his $5.7 billion net worth into gold believing that prices could rise to $1,800 on “overvalued” stock market.“The stock market is overvalued and I feel that another crash will happen. That is why 50 percent of my net worth is in gold...Read More

Osisko Mining drills 4.5 m of 34.3 g/t Au at Windfall

May 01, 2018 / www.stockwatch.com

Mr. John Burzynski reportsOSISKO INTERSECTS 34.3 G/T AU OVER 4.5 METRES AT WINDFALLOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and ar...Read More

Barbara Corcoran: For Long-Term Success, Buy Real Estate (Part 2)

April 30, 2018 / www.kitco.com

May 01, 2018 Guest(s): Barbara Corcoran Real Estate Mogul Investors with a long time horizon should be buying real estate, and in particular, real estate in areas they are familiar with, according to Barbara Corcoran, real estate mogul and investor. "If you're in the game for a long-term investment, I feel that there's no replacement to being wise, and knowing the real estate in your local area...Read More

Strategic Metals to drill 4,000 m at Saloon, Hopper

May 01, 2018 / www.stockwatch.com

Mr. Douglas Eaton reportsSTRATEGIC METALS LTD. ANNOUNCES 2018 EXPLORATION PLANS Strategic Metals Ltd. has released 2018 exploration plans for a number of its wholly owned properties.The exploration program is scheduled to include 4,000 metres of diamond drilling on two properties and surface work on 18 other properties, located in relatively accessible regions of Yukon, Northwest Territories and N...Read More

Gold At A Critical Support Level

May 01, 2018 / www.kitco.com

A combination of selling and dollar strength continues to weigh heavily on gold pricing. Recent price declines beginning on April 16 have resulted in gold losing almost $50 in value. After trading to an intraday high of $1,358 per ounce, in just nine trading days gold hit its lowest trading point since March 1 of this year.While selling pressure has undoubtedly been a significant component of this...Read More

Gold Prices Need To Hold $1,280 As U.S. Dollar Moves Higher - Saxo Bank

May 01, 2018 / www.kitco.com

(Kitco News)- The gold market, which istrading at a four-month low is entirely at the mercy of the U.S. dollar, whichis seeing a surge in momentum, pushing to a four-month high, according to onecommodity analyst.Ole Hansen, head ofcommodity strategy at Saxo bank said in a report Monday that the two supportlevels he is watching very closely are $1,300 an ounce and then $1,280 anounce.“Multipl...Read More

Kirkland Lake drills 0.6 m of 161 g/t Au at Union Reefs

April 30, 2018 / www.stockwatch.com

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD IDENTIFIES POTENTIAL NEW SOURCE OF GOLD PRODUCTION IN NORTHERN TERRITORY OF AUSTRALIAKirkland Lake Gold Ltd. has released positive drill results at Union Reefs, where the company's processing plant in the Northern Territory is located. The company's Northern Territory operations, including the Union Reefs mill and Cosmo mine, have been on care and maint...Read More

Gold, Silver Punished By Powerful Greenback Gains

May 01, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices are solidly down and have dropped to 4.5-month lows in early-afternoonU.S. trading Tuesday. Gold is struggling to hold above the very important$1,300.00 price level. The recent solid rally in the U.S. dollar index, whichhit a four-month high today, continues to squelch buyer interest in theprecious metals markets. Chart-based selling has also kicked in for gol...Read More

Goldman Sachs: Silver To Remain Soft Relative To Rising Gold

May 01, 2018 / www.kitco.com

(Kitco News) - Goldman Sachs analysts do notlook for silver to gain ground on gold in the coming months, even though theyare bullish on gold itself.The investment bank Tuesdayreleased a report maintaining its view that gold will climb toward $1,450 anounce by the end of the year even if real interest rates rise. However,analysts called for the gold-silver ratio to remain stable, meaning that silve...Read More

LBMA: Gold, Silver Ounces Transferred Daily Declines In March

May 01, 2018 / www.kitco.com

(Kitco News) - The amount of gold and silver transferred between accounts of London Bullion Market Association members fellduring March, the organization reported Tuesday.The LBMA releases clearingstatistics each month showing the net volume of gold and silver transferredbetween accounts of members, essentially providing a snapshot of the amount oftrading activity.The volume of gold ouncestransfe...Read More

Oreninc Junior Mining Finance Index falls although money flows again, April 30, 2018

May 01, 2018 / www.miningfeeds.com

Last week index score: 45.59 (updated)This week: 37.75Oreninc: Interview Session with Mickey Fulp - Episode 22 now liveThe Oreninc Index fell in the week ending April 27th, 2018 to 37.75 from an updated 45.59 a week ago as the number of deals fell despite some broker action returning.A calmer and less volatile week all round with the presidents of North and South Korea meeting for the first time i...Read More

Largest IAEA operation to remove disused sources

May 01, 2018 / tinyurl.com

The International Atomic Energy Agency (IAEA) has helped remove 27 disused highly radioactive sources - mainly used for medical purposes such as treating cancer and sterilising instruments - from five South American countries. It was the largest such project facilitated by the IAEA in terms of both the number of sources and countries involved.One of the containers with DSRS which were transported...Read More

Dow Declines as S&P 500 and Nasdaq Finish Higher - TheStreet

May 02, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average   fell Tuesday for a third day. The index ended April with a gain of 0.3%. The S&P finished slightly higher after rising 0.3% in April.Apple Inc. (AAPL) shares rose 2.3% ahead of the iPhone maker's earnings to be released after Tuesday's closing bell. Wall Street Overview Stocks were mixed...Read More

Fed Likely To Keep Rates Steady; Investors Bet On June Hike

May 01, 2018 / www.kitco.com

Lindsay DunsmuirWASHINGTON (Reuters) - The U.S. Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment.Investors have all but priced out the chance of a rate hike at the end of the Fed’s two-day policy meeting on Wednesday, particularly given i...Read More

South African Platinum Industry Leaves Miners Looking for Safer Jurisdictions: Group Ten Metals (TSX-V: PGE) Stakes PGE Claims in Montana

May 01, 2018 / www.miningfeeds.com

Recent activity in exploration and acquisitions in North America for the next supply of platinum reveals a troubling situation for South African platinum mining, which presents opportunities for platinum companies in safer jurisdictions.If you conduct a brief survey of headlines about platinum mining in South Africa, a stark picture is revealed.JP Morgan Cazenove recently reviewed the SA platinum...Read More

Chicago PMI inches higher in April

April 30, 2018 / www.marketwatch.com

Getty ImagesThe Chicago PMI usually tracks the path of orders for Boeing aircraft with a lag of a few months, says Ian Shepherson, chief economist at Pantheon Macroeconomics. The airline manufacturer is based in Chicago. The numbers: Chicago PMI inched up in April to a reading of 57.6. The increase only slightly retraced the big drop in March, when the index fell to 57.4 from 61.9 in February. Ec...Read More

May 1 Uranium week: supply contracting, price unmoved

May 01, 2018 / www.fnarena.com

Weekly Reports |May 01 2018Ongoing supply cut announcements from uranium producers continue to have no impact on the spot price.-Minor rise in spot price-More production cuts-Reactor number 8 to restart in JapanBy Greg PeelActivity was relatively brisk in the spot uranium market last week, industry consultant TradeTech reports, with utilities, producers, traders and speculators all represented on...Read More

Gold Remains Under Pressure Despite Disappointing ISM Numbers

May 01, 2018 / www.kitco.com

(Kitco News)- Gold prices continue to hover near a four-month low even asmomentum in the manufacturing sector continues to fade, according to the latestdata from the Institute for Supply management (ISM)Tuesday, the ISM said its manufacturing index showed a reading of 57.3% forApril, down from March's reading of 59.3%. The data was weaker than expected asconsensus forecasts were calling for a read...Read More

LIVE FUTURES REPORT 01/05: LME zinc price hits 2018 low but aluminium holds up

May 01, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange were mostly lower at the close of trading on Tuesday May 1, coming under pressure from a stronger dollar index.Zinc was the largest faller of the day, down 2.5%. It bottomed out at $3,054 per tonne this afternoon, its lowest figure since December 2017. The metal's fundamental picture was rattled last week after more than 60,000 tonnes of zinc were delivered...Read More

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