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...Read More
Tom Gallo, an analyst with Canaccord Genuity, makes the case for investing in this company with a "top-tier" mine in Northern Ireland. A March 26 research note indicated Canaccord Genuity transferred primary coverage of Dalradian Resources Inc. (DNA:TSX) to Tom Gallo from Eric Zaunscherb. "Our view remains that the company's wholly owned Curraghinalt project, one of the highest grade, undevelope...Read More
Representatives of major international mining companies active in the Democratic Republic of Congo (DRC) have submitted a formal proposal to the country's Ministry of Mines that they say is designed to address their concerns about the recently-revised mining code as well as the government's revenue needs. Among other things, the proposal includes linking a sliding scale of royalty rates to the pri...Read More
Topics Include:*Update on 3rd Great Gold Bull Market*Proper portfolio allocation when it comes to gold*The difference in mindset between investors that are trying to accumulate wealth, versus investors who have wealth and are trying to protect it*Gold as insurance versus investment*Currency Wars*Trade Wars*Moving jobs from outside the US, into the US*North Korea UpdateJim Rickards is a lawyer, inv...Read More
LONDON, 29 March 2018 - BullionVault's research director Adrian Ash was a guest yesterday on India's leading financial news channel, CNBC TV-18.Posted today by the channel's sister site Moneycontrol, the 7-minute interview with commodities presenter Manisha Gupta looks at gold, silver and platinum price action during the first 3 months of 2018, plus Adrian's outlook for prices and demand from he...Read More
Comex copper prices staged a modest rally in the US morning on Thursday March 29, with investor sentiment turning positive following a softer dollar and easing geopolitical tensions. Copper for May settlement on the Comex division of the New York Mercantile Exchange rose 3.75 cents or 1.3% to $3.0395 per lb. Geopolitical tensions are lessening, leading to a pick-up in investor appetite for the met...Read More
"We're living on quantitative easing."Max 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 tech...Read More
By Koos Jansenhttps://www.bullionstar.com/According to the United States Treasury its 261 million ounces (? 8,100 tonnes) in official gold reserves are fully audited and accounted for. Because for many decades rumours are making rounds this gold has been covertly sold, in this essay we'll thoroughly scrutinise the audits - indirectly evaluating the accuracy of the gold claims by the Treasury. Wh...Read More
RememberLIBOR? The interest rate which soared during the global financial crisis? It’son 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 thegold market. Hello LIBOR,My Old FriendSimon and Garfunkel sang about darkness, the oldfriend. We can refer these words to LIBOR which has come to talk with us again.I bet...Read More
Back in the 1990s, critics of the dot-com bubble used to point out that the global economy depended on the US stock market and the US stock market depended on, like, ten Internet stocks with negative aggregate earnings. The resulting inverted financial pyramid was, the critics claimed, very easy to tip over.They were right of course. But apparently not right enough to keep us from repeating the...Read More
Dr. Shiller discusses the Trump administration's policies impacting the market and what he sees for the second quarter.Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of...Read More
Base metals prices on the London Metal Exchange are for the most part stronger today, Thursday March 29, with prices up by an average of 0.6%. Nickel leads the advance with a 2% rise to $13,300 per tonne, while copper is up by 1% at $6,732 per tonne.Volume has been high with 12,789 lots traded as of 07.56am London time. This morning's strength builds on recent consolidation, with most of the metal...Read More
Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project.The Saudi sovereign wealth fund and SoftBank Group Corp. of Japan jointly announced plans to build a solar project that is staggering in size – 200 gigawatts (GW) by 2030. That would be about 100 times larger than some of the largest projects in the world right now. "It's by far the biggest sol...Read More
A 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 failure to arouse any interest among investors has several antecedents, including the stock m...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
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