ROUYN NORANDA, QC, Feb. 9, 2018 /CNW/ - Granada Gold Mine Inc. (TSX-V: GGM) (OTCPK: GBBFF) (Frankfurt: B6D) (the 'Company' or 'Granada') announces that it i...Read full newsRead More
Canada's main stock index fell on Friday, closing at its lowest level for five months reflecting weakness in mining stocks as gold futures and copper prices declined.Read full newsRead More
But Bitcoin could be so much more than digital gold.Read full newsRead More
The U.S. tobacco giant has many ways to profit in the year ahead and beyond.Read full newsRead More
15% Increase in Zinc ReservesRead full newsRead More
(Corrects 3rd paragraph to remove extraneous word)BEIJING, Feb 10 (Reuters) - Securities regulators in several provinces of China are investigating the use of shares as collateral for financing activities to curb potential risks, the state-owned Securities Times newspaper reported on Saturday.The provincial regulators have launched an "intensive investigation" into stock-backed borrowin...Read More
Goldman's Currie Says Commodities Worked as Advertised in Equity SelloffIt’s fair to ask why havens haven’t rallied as shares slumped. Gold, for example, is down this week and exchange-traded funds backed by the metal saw heavy selling, with holdings declining the most since July.One possible reason is that ETF investors might be selling gold to offset their stock-market losses, acco...Read More
Adam HamiltonArchivesFeb 09, 2018 The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology w...Read More
Friday advance pares S&P 500's weekly plunge to 5.2 percentInterest-rate jitters could return with U.S. inflation reportLiz Ann Sonders of Charles Schwab says the pickup in economic growth contributed to the market selloff.U.S. equities ended their worst week in two years on a positive note, but rate-hike fears that pushed markets into a correction remain as investors await American inflation figu...Read More
Here are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average's plunge on Thursday of 1,033 points was its second-worst point drop in history. The S&P 500 has lost more than $2 trillion in market cap from its high.The energy sector was under pressure after oil prices fell for a sixth straight session. Wall Street Overview The Dow Jones Industrial Aver...Read More
Opportunities in the Junior Mining SectorMaurice Jackson of Proven and Probable has recently interviewed Jayant Bandari, the publisher of Capitalism and Morality and a frequent contributor to this site. The topics discussed include currencies, bitcoin, gold and above all junior gold stocks (i.e., small producers and explorers). Jayant shares some of his best ideas in the segment, including arbitra...Read More
U.S. stocks could open firmly higher Friday, according to early futures prices, but with government bond yields and volatility gauges still elevated, investors in Europe and Asia remained cautious the echo from last night's 1,000 point plunge for the Dow Jones Industrial Average echoed across global markets. Early indications from U.S. futures prices suggest a positive open on Wall Street, altho...Read More
Markets were up and down like a yo-yo today, but the Dow closed today up 330 points.Since last Thursday we'd seen a triple meltdown in bonds, stocks and cryptocurrencies. What's amazing is that there's no consensus on why these three markets were all crashing at once.Using my unique Project Prophesy predictive analytic methods, I can offer investors a clear view of why markets have been falling, a...Read More
The lion has lost its roar.Stocks have officially suffered a "correction."After yesterday's soaking, both the Dow Jones and S&P fell 10% from their recent highs.And like a moony love affair gone suddenly wrong... last month's euphoria has succumbed to this week's disillusionment."Disillusionment" seems just the right word, too.This week's events have left many investors disillusioned…Van...Read More
It was another rough day for the markets.The major averages fell off a cliff yesterday afternoon to finish the trading day at the lows. The Dow Jones Industrial Average coughed up another 1,000 points to post a 4% drop. The S&P 500 and Nasdaq Composite weren't far behind.Aside from a couple positive earnings surprises, few stocks were safe from Thursday's drop. This morning, the selling is con...Read More
As the dust settles from Monday’s flash crash, we’re starting to get a better picture of what actually happened.It turns out the carnage can be traced back to a kind of financial “weapon of mass destruction” - or WMD. Traders regularly use these instruments to siphon cash out of the market. But one wrong move, and BOOM! - as we saw firsthand earlier in the week.So today, we...Read More
From the technical point of view, the VanEck Vectors Junior Gold Miners ETF (GDXJ) is primed for a big move.The share price of GDXJ is strongly correlated with the gold price.If the support at $30 is broken, things may get ugly.If the $30 support level holds and the broader stock market stabilizes, the triangle trading pattern may be broken to the upside.The VanEck Vectors Junior Gold Miners ETF (...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 5.8 points to 813.39 Friday. Pat DiCapo and David D'Onofrio's fourth capital pool shell, POCML 4 Inc. (POCM), listed today with a $200,000 initial public offering at 10 cents. It has yet to trade. Mr. DiCa...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for March delivery lost 64 cents to $61.15 on the New York Merc, while Brent for April lost 70 cents to $64.81 (all figures in this para U.S.). Western Canadian Select traded at a discount of $30.70 to WT...Read More
Integra Resources (ITR.V) sure isn't wasting any time as just months after it reported its first (inferred) resource estimate on the DeLamar gold-silver project in Idaho, it has now also released a maiden resource estimate on the recently acquired Florida Mountain project as well.According to this estimate (based on in excess of 800 drill holes), Florida Mountain contains a gold resource of 675,00...Read More