(This May 2 story corrects name of Fox Business Network in Navarro section)WASHINGTON (Reuters) - Members of the Trump administration’s seven-man delegation to Beijing for talks to try to stave off a trade war between the world’s two largest economies have widely divergent views on trade policy and tariffs, which may make it difficult for them to speak with one voice.The players are se...Read More
Comex copper prices were spurred higher during the morning session on Thursday May 3 after the US Federal Reserve decided to maintain the Fed Funds rate, pressuring the dollar lower. Copper for July settlement on the Comex division of the New York Mercantile Exchange gained 2.35 cents or 0.8% to $3.0920 per oz. "The blip higher in the LME copper price this morning is encouraging though buyers need...Read More
The Global Currency RESET has 100 steps and the first 10-12 appear complete. This is not a fantasy, but very real and in progress. Its progress is not very visible to most observers. Some important steps are seeing tremendous progress, but they are executed in the East with very little press coverage by the insidious lapdog Western press networks. Review many of the RESET features, but in summar...Read More
European focused mineral exploration company Erris Resources announced today that it was granted a new 100%-owned gold exploration permit, En??sen no.5, which is located in central Sweden, some 370 kilometres north of Stockholm.The 59.4 km2 permit encompasses a largely unexplored area surrounding the historic En??sen mine, which produced 1.7-million tonnes at 3 g/t gold between 1984 and 1991. Mine...Read More
"We're just seeing history repeat itself," Mannarino says. "The markets run in cycles.""The last time we were in this same spot was 2008 just at the top of that bubble. The time prior to that was at the Dot-Com bubble."The yield curve is flattening out, which is a sign we're heading for another crash. Mannarino says money is going to head to other places, such as gold, silver, and cryptocurrencies...Read More
Bob Moriarty of 321 Gold profiles a company that has taken over a high-grade gold exploration project from Novo Resources. American Pacific's Tuscarora ProjectIn 2014 my favorite gold junior, Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX), did a deal on a small project in Nevada named Tuscarora with some barn burning historic results. Naturally since the main focus was on Western Australia in 2016...Read More
By Ira EpsteinGold bounce but is it a sell?http://iraepstein.com/ Read More
Summary of Glencore's production results for the first quarter of 2018(own-sourced output volume, year-on-year % change).Copper 345,400 tonnes, +7% Zinc 242,700 tonnes, -13% Lead...Read More
Mine operator Sibanye-Stillwater said five of 13 miners trapped underground in a South African gold mine were rescued but one of the five had died.Thirteen miners were trapped underground at the company's Masakhane mine west of Johannesburg earlier on Thursday after an earthquake that measured 2.2 caused a cave-in.Sibanye-Stillwater said two employees were taken to a hospital and were in stable co...Read More
(Kitco News) - Gold pricesare posting good gains in early U.S. trading Thursday, on some bargain huntingin the cash market and on short covering in the futures market. A weaker U.S.dollar index and lower U.S. stock indexes today are working in favor of theprecious metals market bulls. June Comex gold futures were last up $11.60 anounce at $1,317.20. July Comex silver was last up $0.195 at $16.57 a...Read More
May 3, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold profiles a company that has taken over a high-grade gold exploration project from Novo Resources.In 2014 my favorite gold junior, Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX), did a deal on a small project in Nevada named Tuscarora with some barn burning historic results. Naturally since the main focus was on Western Australia in 2...Read More
Precious metals expert Michael Ballanger discusses recent moves in gold and silver.For me, the greatest asset my dog Fido, a German Rottweiler and French Poodle mix, is his uncanny ability to sense when the gold and silver markets are going to turn. Whenever gold runs into its generally accepted waves of interventionalist price "management" (otherwise known as "manipulation") by the unregulated an...Read More
"If we have a war that involves Iran, kiss the markets goodbye."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencum...Read More
The blue-chip index was down 400 points before noonThe Dow was down almost 400 points in early trading, briefly dipping below the 200-day moving average, as trade tensions weighed. However, the blue-chip index managed to erase these losses by the close with a big day from Boeing (BA) powering the comeback -- while helping the Dow snap its four-day losing streak. The S&P 500 and Nasdaq also experie...Read More
Source: Streetwise Reports 05/02/2018Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed the updated resource at this company's Newfoundland asset.A May 1 research note from Canaccord Genuity reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS ) released an updated resource on its Valentine Lake gold project in Newfoundland. "The overall resource was increased to 2,137,400 ounc...Read More
Base metals prices on the London Metal Exchange were for the most part little changed on the morning of Thursday May 3, with copper prices up just 0.1% at $6,825 per tonne.The exceptions were zinc prices, which were down by 1% at $3,080 per tonne, and lead prices that were up by 0.5% at $2,290 per tonne.Volume on the LME has been average, with 6,196 lots traded as at 07.02 am London time. This fol...Read More
Reno, Nevada - May 3, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Scandium International Mining Corp. (TSX: SCY) ("Scandium International" or the "Company") is pleased to announce that it has signed a Letter of Intent ("LOI") with Eck Industries Inc. ("Eck"), based in Manitowoc, Wisconsin, USA. Eck is a privately held manufacturer of precision sand cast parts, and engineering services, usin...Read More
RIYADH (Reuters) - The Saudi government has finalized terms to transfer ownership of the kingdom’s glitzy $10 billion financial district in Riyadh to the finance ministry and Public Investment Fund (PIF), five sources familiar with the matter told Reuters.The move paves the way for reviving work on King Abdullah Financial District (KAFD), which has been planned since 2006 to house banks and...Read More
TOPICS IN THIS INTERVIEW:01:25 Overview on the inflated markets?05:45 Consequences of market manipulation on businesses08:50 Morality around precious metal manipulation11:15 Silver's impending revaluation16:55 Gold's true value and relevance in the digital age18:25 Major financial crisis23:05 Shift of purchasing power from west to east28:05 Where to find more information and opportunitiesBill Murp...Read More
Since roughly the middle of January of this year we’ve seen some big changes in character taking place in many different areas of the markets. After nearly two years of low volatility, which is much easier to take, volatility has come back with a vengeance and doesn’t seem to be slowing down much. Its been most obvious in the stock markets, but now the US dollar’s volatility has...Read More