Looking to invest in gold? Here are five basic facts about gold investors interested in the yellow metal should know about.Read full newsRead More
Filo Mining CEO Adam Lundin provides insight into the nuances of being situated on the Chile-Argentina border and shares details regarding the company's PEA-stage project.Read full newsRead More
Gold futures gained $2.60 in trading today and is currently fixed at $1,258.40. Gold traded to the highest level in the last eight days when, on an intraday basis, it traded to $1,266.90.Although the dollar finished in positive territory, it was dollar weakness that was the underlying factor taking gold prices to their intraday high. As in previous weeks, gold pricing continues to be most influenc...Read More
Commentary via Real Investment AdviceCome senators, congressmenPlease heed the callDon't stand in the doorwayDon't block up the hallFor he that gets hurtWill be he who has stalledThere's a battle outsideAnd it is ragin'.It'll soon shake your windowsAnd rattle your wallsFor the times they are a-changin'The Times They Are A-Changin' - Bob DylanAmerica's populace is politically divided in a way that...Read More
Venezuelan consumer prices rose 46,305 percent in the 12 months ending in June, the opposition-controlled congress said on Monday, as the crisis-stricken nation's hyperinflation continues to accelerate amid a broader economic collapse.Read full newsRead More
Japan's government wants all Japanese carmakers to shift to electric vehicle production by around 2050.Read full newsRead More
Gold futures gained $2.60 in trading today and is currently fixed at $1,258.40. Gold traded to the highest level in the last eight days when, on an intraday basis, it traded to $1,266.90.Although the dollar finished in positive territory, it was dollar weakness that was the underlying factor taking gold prices to their intraday high. As in previous weeks, gold pricing continues to be most influenc...Read More
Is a spike in core inflation imminent? According to one of the Fed's less followed indicators, the answer is yes.Read full newsRead More
Bonterra Resources Inc. (TSXV:BTR, OTCQX:BONXF, FSE:9BR1) (theRead full newsRead More
Gulsen Solaker, Tulay KaradenizANKARA (Reuters) - President Tayyip Erdogan pledged to build a “strong Turkey” with a powerful defense industry and expanding economy as he was sworn in on Monday with sweeping new powers over a country he has dominated for 15 years.Assuming the new executive presidency he has long fought to establish, Erdogan took the oath of office in parliament before...Read More
ONDON (Reuters) - British Prime Minister Theresa May appointed Jeremy Hunt as foreign minister on Monday after predecessor Boris Johnson resigned in protest at the government’s plans for a close trading relationship with the European Union.“The Queen has been pleased to approve the appointment of the Rt Hon Jeremy Hunt MP as Secretary of State for Foreign and Commonwealth Affairs,&rdqu...Read More
The blue-chip index is now positive for 2018A big day for bank stocks helped push the Dow back into positive year-to-date territory today, with the blue-chip index logging its best day since June 6 on strong gains for Goldman Sachs (GS) and JPMorgan Chase (JPM). The S&P and Nasdaq also gained ground, as FAANG stocks surged. By the time the dust settled, all three benchmarks were higher for a third...Read More
Last week's other top-gaining stocks on the TSXV were Eskay Mining, NV Gold, Virginia Energy and Sarama Resources.Read full newsRead More
NEW YORK (Reuters) - Global stocks hit a two-week high on Monday with bank shares leading the drive higher ahead of earnings reports from the biggest U.S. lenders later in the week, while sterling took at hit after another British cabinet resignation.The MSCI world equity index, which tracks shares in 47 countries, rose 0.80 percent. Wall Street notched a third straight day of gains as investors c...Read More
Oil tends to lag after racking up a 50% year-over-year gain -- and so do stocksThe steep ramp in NYMEX WTI crude prices over the past year, as displayed on the accompanying chart, is as impressive as it is anxiety-inducing, given that this uptrend has translated directly into higher gasoline prices. As such, no one particularly wants to take credit for the big boom in oil; over the past week, Pres...Read More
Homeowners now have a collective $5.8 trillion in tappable equity, the highest volume ever recorded.The average homeowner with a mortgage gained $14,700 in tappable equity over the past year and has $113,900 available to draw.Consumer confidence in the housing market, which has been quite bullish, is actually dropping now.Diana Olick| @DianaOlick Published 9 Hours AgoUpdated6 Hours AgoCNBC.com sho...Read More
After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday.The metal, mainly used in stainless steel manufacture, is down 10% or more than $1,600 a tonne from more than three-year highs hit on the LME a month ago.Nickel is still up by 62% compared to its June 2017 lows, mostly on the...Read More
After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday.The metal, mainly used in stainless steel manufacture, is down 10% or more than $1,600 a tonne from more than three-year highs hit on the LME a month ago.Nickel is still up by 62% compared to its June 2017 lows, mostly on the...Read More
LONDON (Reuters) - Boris Johnson stepped down as Britain’s foreign minister on Monday, warning that Britain will end up like a colony to the European Union after the government announced plans for a close trading relationship with the bloc after Brexit next year.Below is the text of his resignation letter to Prime Minister Theresa May, a copy of which Johnson released on Twitter.Dear Theresa...Read More
Both BAC and JPM are testing their 30-day moving averagesBank stocks will be in focus shortly, with several big names set to kick off the new earnings season. Bank of America Corp (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) are two such namesare set to report in the next week-- likely putting recent options traders on edge.In fact, both stocks popped up on Schaeffer's Senior Quantitative Ana...Read More