However, the tech sector helped prop up the Nasdaq and S&P The Dow failed to recover from this morning's disappointing earnings releases from Pfizer (PFE) and Merck (MRK), closing the first session of May in the red. A strong rebound in tech stocks helped the Nasdaq and S&P finish in the black, however. Meanwhile, another uptick in the U.S. dollar drug down oil prices, pressuring the broader energ...Read More
An explorer is finding drilling success at the Dark Star and Pinion oxide gold deposits in Nevada and anticipates releasing a PEA later this year. GSV Project LocationsGold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) recently announced that four rigs have finished a significant amount of drilling on its Railroad-Pinion project in Nevada's Carlin Trend. Some 8,000 meters of infill drilling have...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows....Read More
Source: Jack Chan for Streetwise Reports 05/01/2018 Technical analyst Jack Chan updates his gold and silver charts. --> 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 on a short-term buy signal. Short-term signals can last for da...Read More
CloseGain/LossGold $1305.10-$9.60Silver$16.17-$0.14XAU81.42+0.34%HUI179.20+0.41%GDM623.44+0.16%JSE Gold1104.60+8.93USD92.47+0.62Euro119.94-0.90Yen91.23-0.35Oil$67.25-$1.3210-Year2.969%+0.034T-Bond143.1875-0.65625Dow24099.05-0.27%Nasdaq7130.70+0.91%S&P2654.80+0.25% The Metals: Gold dropped $12.80 to $1301.90 in late morning New York trade before it bounced back higher into...Read More
Alchemists are precious metals experts, aren’t they?So let’s see what we can learn from the latest issue of the Alchemist, the LBMA’s quarterly journal.Silver LiningsSilver has been always in gold’s shadow. Could the accelerated and synchronized global growth finally boost silver? In his article, Jonathan Butler offers two arguments in favor of higher silver prices. First,...Read More
Botswana Diamonds (LON:BOD) is expanding its operations from its base country to neighbouring Zimbabwe by teaming up with Vast Resources (LON:VAST) to jointly explore for diamonds in that country.The memorandum of understanding signed Tuesday sees the two companies exchanging past exploration information on areas prospective for diamonds in Zimbabwe. It also says the parties will set up a jointly...Read More
LONDON, 26 April 2018 - BullionVault is named today as a way to buy gold by top-selling UK personal finance magazine MoneyWeek.Looking at different ways to buy gold, "If you're not keen to store your own gold then opt for an online specialist such as BullionVault.com," says MoneyWeek editor John Stepek.You can read the full report here:Protect your wealth from the growing inflation threat Read More
Technical analyst Jack Chan updates his gold and silver charts. 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 on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. Speculation...Read More
Source: Michael J. Ballanger for Streetwise Reports 04/30/2018 Precious metals expert Michael Ballanger discusses the gold and silver ratio. -->"SHE-NAN-I-GANS"pronunciation: "SH?(TM)?^nan???(TM)nz/"Noun informal1. "secret or dishonest activity or maneuvering." as in "widespread financial shenanigans had ruined the fortunes of many"2. "silly or high-spirited behavior; mischief."To start off...Read More
WASHINGTON, May 1 (Reuters) - The U.S. International Trade Commission said on Tuesday it has determined that U.S. industry is being harmed by steel wire rod imports from Italy, South Korea, Turkey, Spain and Britain.In a statement, the ITC said it had made an affirmative determination in its final phase antidumping and countervailing duty investigation of the imports.Reporting by David Alexander E...Read More
In this episode of the Keiser Report from Toronto, Max and Stacy discuss the global financial, economic and cryptocurrency markets from onstage at the Blockchain Economic Event.Max 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...Read More
A yield curve rising from extremely low levels is a worst-case scenario for stocksTreasury yields made the news recently when the 10-year Treasury yield hit 3% for the first time since early 2014. Shorter-term rates have been increasing even faster. The spread between the 2-year and 10-year Treasury yields has narrowed to its lowest level since late 2007, just before the 2008 stock market crash. T...Read More
Goldand silver have risen substantially off the price bottom put in just 2-½ yearsago, but the gains have yet to attract much notice. Gold has gained roughly 28%and silver is up 20%.Meanwhile,another metal has more than doubled since bottoming. This performance shouldhave been more than enough to catch the attention of metals investors, if onlythey were watching. The metal is palladium and,...Read More
LONDON, 21 April 2018 - Data from BullionVault is cited today in a report on gold investing in the latest edition of best-selling UK news magazine The Week.Cautious investors "might want to put a bit of money in gold," says the magazine's City section, quoting a UK stockbroker."The appeal of this traditional safe haven has been growing of late," The Week goes on, quoting gold-price data from Bulli...Read More
CloseGain/LossGold $1305.10-$9.60Silver$16.17-$0.14XAU81.42+0.34%HUI179.20+0.41%GDM623.44+0.16%JSE Gold1104.60+8.93USD92.47+0.62Euro119.94-0.90Yen91.23-0.35Oil$67.25-$1.3210-Year2.969%+0.034T-Bond143.1875-0.65625Dow24099.05-0.27%Nasdaq7130.70+0.91%S&P2654.80+0.25% The Metals: Gold dropped $12.80 to $1301.90 in late morning New York trade before it bounced back higher into...Read More
CloseGain/LossGold $1305.10-$9.60Silver$16.17-$0.14XAU81.42+0.34%HUI179.20+0.41%GDM623.44+0.16%JSE Gold1104.60+8.93USD92.47+0.62Euro119.94-0.90Yen91.23-0.35Oil$67.25-$1.3210-Year2.969%+0.034T-Bond143.1875-0.65625Dow24099.05-0.27%Nasdaq7130.70+0.91%S&P2654.80+0.25% The Metals: Gold dropped $12.80 to $1301.90 in late morning New York trade before it bounced back higher into...Read More
THC is trading near the top of the NYSE today The Dow is moving lower today, down triple digits after a rough round of pharma earnings. Toymaker Mattel, Inc. (NASDAQ:MAT) and e-commerce specialist Shopify Inc (NYSE:SHOP) are struggling as well, while healthcare name Tenet Healthcare Corp (NYSE:THC) is bucking the broad market trend. Here's a closer look at how shares of MAT, SHOP, and THC are t...Read More
The Iran issue after Israel accused Iran of hiding nuclear weapons prevented gold and silver from a big crash. Any increase in Iranian risk will result in crude oil prices galloping to $90 by next month. Gold will also follow the crude oil trajectory as an inflation hedge. The pace of rise of gold will lag crude oil. But I am sure gold will rise. Gold could trade in a $1237-$1430 wider range in...Read More