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
Dynavax is pacing for its best day since July 2017Stocks are surging today, with the Dow heading towards its sixth straight win. InVitae Corp (NYSE:NVTA), Dynavax Technologies Corporation (NASDAQ:DVAX) and Cardinal Health Inc (NYSE:CAH) are three drug and healthcare names that are faring particularly well today. Here's a closer look at what has shares of NVTA, DVAX, and CAH moving today.Analyst...Read More
Shares in Erdene Resource (TSX:ERD), one of the very few companies that has successfully navigated Mongolia's ever-changing policies on foreign mining investment, were off to the races on Thursday after the miner bumped up mineral resource estimates for its Altan Nar gold-polymetallic project in Mongolia.The Canadian miner said indicated and inferred gold equivalent resources had increased by who...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
Other than crude oil, none of the financial markets have reacted to Iran's nuclear deal cancellation news. The Bank of England (BOE) meeting today can provide the impetus for a trend change in currency markets as well as precious metals. Sterling can rise just before the BOE meeting or just after the BOE meeting. However if sterling falls after the BOE meeting gold will also crash. Right now g...Read More
May 10, 2018, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V:NEE) (OTC Nasdaq Intl.:NHVCF) (the "Company" or "Northern Vertex") is pleased to announce the appointment of William (Bill) Martinich to the position of General Manager at the Company's 100% owned Moss Gold Mine, located near the city of Bullhead, NW Arizona, USA. Mr. Martinich is a dedicated mining professional with over 20 y...Read More
A SCOTUS decision next month could put one in the spotlightWhile Apple (AAPL) has been getting most of the attention lately, due to its red-hot winning streak, two other FAANG stocks appeared on our radar today: Amazon.com, Inc. (NASDAQ:AMZN) and Netflix, Inc. (NASDAQ:NFLX). Both AMZN and NFLX are flirting with new highs, yet sport attractively priced near-term options -- a relatively rare occurre...Read More
By RambusThis first chart is a daily line chart for GLD which shows it has completed 5 reversal points so far and is working on the all important 6th reversal point back up to the top rail. This is where the bulls need to step up to the plate.The weekly chart below shows the 2 1/2 year triangle that has been building out with 5 completed reversal points so far. A touch of the bottom rail will co...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
In the world of crypto, false rumors abound. Talk of a worldwide crypto ban is the latest and most incredible claim of this nature.Consider the entire internet one giant troll box. Bitcoin serves as the ultimate troll food.Trolls feed off of reactions to their ridiculous assertions. That's why the number one rule of anything online is: don't feed the trolls.Unfortunately, sometimes you can't help...Read More
(Kitco News) - First Majestic Silver Corp. (NYSE: AG; TSX: FR) lateWednesday reported a net loss for the first quarter on lower output, with thecompany’s chief executive reporting that the number of ounces declinedtemporarily due to lower grades.First Majestic listed a net loss of $5.6 million, or 3 cents per share, compared tonet earnings of $2.7 million, or 2 cents, in the first quarter of...Read More
Apple is higher today on reports the tech giant is partnering with Goldman SachsApple Inc. (NASDAQ:AAPL) has been seemingly unstoppable recently. The FAANG stock is up 1.3% today to trade at $189.87, earlier hitting a record high of $190.37, after the Wall Street Journal said the iPhone parent is teaming up with Goldman Sachs (GS) to launch a credit card. AAPL is now pacing toward its ninth straig...Read More
For most Americans the geopolitical/financial crises of the 1970s happened so long ago that they're about as relevant as the Revolutionary War or the Reformation. But for seasoned citizens who were around back then and paying attention, the similarities to today are becoming both eerie and scary. Consider:In the early 1970s the Middle East was a hotly contested part of the world, with Russia (th...Read More
China's domestic hot-rolled coil prices weakened further on Thursday May 10 amid low trading activity. DomesticEastern China (Shanghai): 4,170-4,200 yuan ($655-659) per tonne, widened downward by 10 yuan per tonneNorthern China (Tianjin): 4,010-4,030 yuan per tonne, down 20 yuan per tonneDemand remained weak in the morning amid losses in the futures market, which led to a slight price decrease in....Read More
"We are removing R. Kelly's music from all Spotify owned and operated playlists and algorithmic recommendations such as Discover Weekly,"Continue...Read More
Other than crude oil, none of the financial markets have reacted to Iran's nuclear deal cancellation news. The Bank of England (BOE) meeting today can provide the impetus for a trend change in currency markets as well as precious metals. Sterling can rise just before the BOE meeting or just after the BOE meeting. However if sterling falls after the BOE meeting gold will also crash. Right now g...Read More
Previous pullbacks to DKS's 160-day moving average have preceded ralliesThe retail sector has been in focus lately, although more so for its struggles than successes. Sports retailer Dick's Sporting Goods Inc (NYSE:DKS) has had a roller coaster year thus far, as well. Although the stock has added 8% in 2018, it has recently pulled back to 160-day moving average. Based on previous returns, and w...Read More
WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan on Thursday said he wants a bipartisan immigration bill to pass before November congressional elections that would address young illegal ‘Dreamer’ immigrants as well as security issues, and win U.S. President Donald Trump’s support.“I want to fix this problem so I would like to have an immigration vote before the midterms,...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