As a general rule, the most successful man in life is the man who has the best informationA frequently trotted-out rule in investing is when there is blood in the streets, it's time to take a stock position. When it comes to senior, mid-tier and junior gold stocks, the blood is definitely flowing, despite gold rising 4% year-on-year and 12.5% throughout 2017.The reason for gold stocks' current fai...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More
Michelle NicholsUNITED NATIONS (Reuters) - United Nations chief Antonio Guterres warned on Thursday that Russian and U.S. relations were deteriorating into a situation “similar, to a large extent, to what we lived during the Cold War” and called for safeguards to be put in place.Just days after the United States announced it would expel 12 Russian U.N. diplomats over a nerve agent atta...Read More
Please Note: US Markets are closed tomorrow for Good Friday. CloseGain/LossOn WeekGold $1325.90+$0.20-1.47%Silver$16.34+$0.05-1.15%XAU81.12+1.85%-0.47%HUI175.41+1.52%-0.82%GDM612.39+1.10%-0.74%JSE Gold1127.39-3.86-0.34%USD90.06-0.07+0.68%Euro123.04-0.02-0.42%Yen94.05+0.49-1.72%Oil$64.94+$0.56-1.43%10-Year2.742%-0.031-2.49%Bond146.40625+0.53125+0.97%Dow24103.11+1.07%+2.42%Nasdaq7063.44+1.64%+1...Read More
By Avi GilburtAs many of you know, I run a trading room with well over 3500 members, including over 450 money managers. I have seen the good, the bad, and the ugly as far as what traders and investors do through the years. And, no matter how much I warn about the pitfalls in the market, many chose to ignore me, and eventually learn on their own the hard way.To this end, this article is focus...Read More
Some flat steel prices in Turkey's domestic and export markets went down slightly this week, although import prices were unchanged, market participants told Metal Bulletin on Thursday March 29.Local producers were fully booked until June.Domestic pricesHot-rolled coil (HRC) producers in Turkey have been offering material at $650-660 per tonne ex-works for late-May and early-June production, and a...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Regular readers of Goldmoney's research will be aware that we were among the first to alert western financial markets that China would introduce a new oil futures contract priced in yuan, months before it was officially admitted that the plans for the contract were being finalised and a date for trading was being planned.Trading in the new Shanghai oil future commenced last Monday, and on the firs...Read More
VANCOUVER, BRITISH COLUMBIA / March 29, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report additional assay results of Petroleum Coke ("Petcoke") samples collected from stockpiles produced from the Fort McMurray area mining and upgrading operation as well as the Edmonton refinery. Both samples originated from Delayed Coking operations. Sampl...Read More
How the Dow and S&P perform after a rough MarchThe Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are set to close March with steep losses -- something we haven't seen since 2001. However, if past is prologue, that may not be a bad thing for the stock market. As such, and considering the February correction, the indexes are set for their first quarterly losses since September 2015.Blue...Read More
My Bias: Long to a new all time high above 1827.Wave Structure: Impulse structure to a new high.Long term wave count: wave (3) above 1666. GOLD accelerated lower in a possible wave 'iii' brown today,This final decline should create a clear five wave patternand carry into support at about 1303 at a minimum.The main resistance for the long term count lies at 1366,And this is the confirmation point f...Read More
TORONTO, March 29 (Reuters) - Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario.As old-school gold trading increasingly moves into the digital era, the deposit represents a "milestone" as the genesis block, or first step in the blockchain on Tradewind'...Read More
LONDON, 26 March 2018 - BullionVault is named first today among the "main players" in cheap, secure, online bullion dealing for UK savers by British tabloid The Mirror.The UK's third best-selling newspaper, The Mirror details 3 routes to gold investing in its online report: coins and small bars in your possession, gold-tracking funds on the stock market, and online bullion providers."Online dealer...Read More
By Ira EpsteinStable before Easter.https://www.iraepstein.com/ Read More
RICHFIELD, Ohio (Reuters) - President Donald Trump said on Thursday he may hold up a trade agreement reached this week with South Korea until after a deal is reached with North Korea on denuclearization.“I may hold it up until after a deal is made with North Korea,” Trump said in a speech. “It’s a very strong card,” he added.Reporting by Steve Holland; writing by Eric...Read More
"The line reduces human experience to biology with the word 'stock,' and ties the commitment to education to ethnic lineage and to the rise and fall of racial groupings."Continue...Read More
Remember LIBOR? The interest rate which soared during the global financial crisis? It's on the rise again, but almost no one is paying adequate attention to it. We are - and we will analyze for you what this means for the gold market. Hello LIBOR, My Old FriendSimon and Garfunkel sang about darkness, the old friend. We can refer these words to LIBOR which has come to talk with us again. I bet...Read More
Measures taken in conjunction with the safeguard case against a number of imported steel products in the EU will have a negative impact on Europe's independent distributors, sources have told Metal Bulletin.The European Commission (EC) launched a safeguard case into 26 carbon and stainless steel products imported into the EU on March 26. The EC claims that the investigation was started to prevent...Read More
As if the world economy isn't fragile enough, it appears that we are on the brink of a trade and currency war, compounded by a protectionist reversal of globalisation that could sink the dollar which already has lost its traditional safe haven appeal. As the United States inflames relations with China and Japan, it risks a retaliation that could cause fearful investors to dump dollars and seek ref...Read More
Facebook cut ties with several technology marketing stock this morningThe Dow is rallying today thanks to a strong move from Apple (AAPL), but the index is still set to snap its quarterly win streak. Some stocks making notable moves today are data broker Acxiom Corporation (NASDAQ: ACXM), farming and construction equipment manufacturer Titan Machinery Inc. (NASDAQ:TITN), and watchmaker Movado Gr...Read More