In this wide ranging interview, Jason asks Marc about asset price volatility, whether the stock market is topping, central bank balance sheets and whether they can be meaningfully reduced, the credit bubble in China, the US vs China trade war, and the popularity of crypto currencies in Asia.And don't miss Marc's thoughts on gold, gold stocks and asset allocation ideas. Marc even discusses a few st...Read More
Edward Sterck, an analyst with BMO Capital Markets, discussed the implications of its recent suspension of shipments for this Chilean firm in the short and medium term. Copper tubes.In a May 8 research report, analyst Edward Sterck with BMO Capital Markets relayed that Antofagasta Plc (ANTO:LSE) has resolved the blocked concentrate pipeline at Los Pelambres that caused concentrate shipments to be...Read More
London, 10 May 2018 - Randgold Resources said today its 2018 production guidance remained intact despite a softer first quarter in which it contended with multiple challenges.Following the full commissioning of its underground mine, Kibali in the Democratic Republic of Congoincreased quarterly production by 22% compared to the corresponding quarter of the prior year and is on track to achiev...Read More
WASHINGTON (Reuters) - The Senate Judiciary Committee’s Republican chairman said on Thursday any Supreme Court justice considering retirement from the lifetime job should announce immediately so a successor can be confirmed before the November U.S. midterm election.Chuck Grassley, whose panel would oversee a confirmation process that at times in the past has been long and contentious, said h...Read More
HighlightsTim Draper, Silicon Valley V.C. legend, author of How to be The Startup Hero, founder of Draper University and Bitcoin expert makes his show debut. In only 5 years, Draper University has set a new standard in education, with several success stories including one graduate who created a billion dollar crypto-token company.Our guest had the foresight to purchase 30,000 Bitcoins in 2014 fr...Read More
CIBC reviewed this mid-tier company's Q1/18 results. In a May 7 research note, CIBC analyst David Haughton reported that IAMGOLD Corp. (IMG:TSX; IAG:NYSE) "continued the recent positive operating momentum with strong Q1/18 results, and these good results should be well received."The miner's adjusted earnings per share for the quarter were $0.09, higher than CIBC's estimate of $0.05 and "well ahea...Read More
Angered by President Trump's decision to pull out of the Iran nuclear deal, German Chancellor Merkel has urged Europe to get its act together and stop relying on the US for defense protection. If Europe follows through, it can only be good news for the US...Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, incl...Read More
The 'fear gauge' dropped for a sixth straight dayThe Dow rallied nearly 200 points today, nabbing a sixth straight win and its highest close in three weeks. Soft inflation data sparked the risk-on session, with stocks also benefiting from an extended push higher from oil prices. The Nasdaq and S&P had even bigger days on a percentage basis, thanks in part to a strong showing from the tech sector -...Read More
(Bloomberg) - Randgold Resources Ltd. is confident that talks with the Democratic Republic of Congo will lead to a compromise on the country's new mining rules which risk hurting producers' profits.Miners including Glencore Plc and Randgold have asked the government to dial back aspects of the legislation approved by President Joseph Kabila in March. They argue the new code will drive investors a...Read More
Source: Chris Vermeulen for Streetwise Reports 05/09/2018 Chris Vermeulen of Technical Traders discusses what he believes is ahead for U.S. stocks. -->Since before the start of 2018, we have been relying on our advanced predictive modeling systems, technical analysis and our understanding of the capital markets to help our members take advantage of the incredible price swings in 2018.These...Read More
NEW YORK (Reuters) - The Republican-led corporate tax cut is helping turn the shares of smaller publicly-traded companies in the United States into an unexpected source of stability as the broader stock market wobbles.Typically, the shares of small and mid cap companies in the Russell 2000 index are more volatile than the large cap S&P 500 .SPX, in part due to their concentration on the U.S....Read More
Erik Townsend and Patrick Ceresna welcome Russell Napier to MacroVoices. Erik and Russell discuss deflationary risks in the U.S. and context on current higher inflation prints. Erik asks Russell how high are risks of a credit event and what risks are there emanating from China. They further consider the impact of higher interest rates and ask if there a concern of the U.S. government not being abl...Read More
CloseGain/LossGold $1320.60+$8.80Silver$16.72+$0.23XAU83.81+1.74%HUI182.34+1.15%GDM640.58+1.23%JSE Gold1059.60-30.74USD92.66-0.46Euro119.25+0.74Yen91.34+0.13Oil$71.36+$0.2210-Year2.967%-0.038T-Bond143.1875+0.53125Dow24739.53+0.80%Nasdaq7404.97+0.89%S&P2723.07+0.94% The Metals: Gold climbed $10.90 to $1322.70 by midmorning In New York before it pared back heading into midd...Read More
Democratic Republic of the Congo (DRC) miner Gecamines' push to dissolve Katanga Mining Ltd subsidiary Kamoto Copper Company (KCC) has been delayed according to a release from Katanga on Tuesday May 8. Glencore-owned Katanga received a decision from the DRC Supreme Court allowing KCC to challenge the competency of the Kolwezi Commercial Court to rule on litigation regarding the dissolution of...Read More
It only took four weeks for subscribers to bank a 208% profitSubscribers to Schaeffer's Weekend Trader Alert service just scored a 208% profit with the Shake Shack (NYSE:SHAK) June 40 call. We're going to take a look back to see why we were initially bullish on SHAK, and how the options trade unfolded.At the time of our initial call recommendation on Sunday, April 8, we noted that Shake Shack...Read More
Dual-listed Dalradian Resources (TSX:DNA) (LON:DALR) published Thursday a resource update for its Curraghinalt gold project in Northern Ireland showing a 46% increase in gold ounces and a 32% increase in inferred gold ounces when compared to the previous feasibility study from 2016.Inferred resources rose by 32% to 3.0 million ounces of gold in 7.7 million tonnes of ore with a grade of 12.2 grams...Read More
Is gold headed below $1000? I doubt it. Like every other bullion investor who has tired of watching gold's price meander sideways for nearly six years, I've grown increasingly disappointed and frustrated. But also concerned, as many apparently are, that one last, hellish plunge may be necessary to shake out the weak hands. However, looking at the long-term chart, I'm persuaded that bulls still...Read More
WASHINGTON (Reuters) - The U.S. Treasury imposed fresh sanctions on Thursday against six people it linked to the Iranian Revolutionary Guard's elite Qods Force and three Iranian entities, just days after President Donald Trump withdrew from the Iran nuclear deal.The six individuals and three entities were sanctioned under U.S. regulations targeting specially designated global terrorist suspects an...Read More
by Claudia Carpenter, BloombergIran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.After a previous set of sanctions was imposed on Iran in 2012, it took two years for the country's gold demand to start falling, according to data from the Wor...Read More
For Part 1 of this interview, CLICK HEREMax 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 Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this te...Read More