McClellan Financial Publications, IncPosted Jan 2, 2018December 29, 2017We are now entering the upward phase of gold’s 8-year cycle, and that should bring some fun gains.And this comes at a time when gold has not been getting much of investors’ attention.If gold stays flat for a year, and Bitcoin twinkles to get all of the attention, speculators eventually drift away from gold.That set...Read More
Spot bullion gains for 8th day to the highest since SeptemberPrecious metal advanced in 2017 even as Fed hiked three timesGolden Cross for Gold a Bullish Sign, Says StreibleGold is starting the new year on the front foot. Bullion advanced for an eighth session to head for the longest stretch of gains since mid-2011, building on an annual surge.Bullion for immediate delivery advanced 0.9 percent to...Read More
Gold prices jumped past a three-month high Tuesday, extending the bullion's best run in more than six years as investors dumped the U.S. dollar and continue to ride the global rally in metals prices. The price of gold for immediate delivery, also known as spot gold, was marked 0.63% ahead of its Friday close and changing hands at $1,311.55 an ounce by mid-day in London after hitting a Sept. 26 h...Read More
Rick Wiles is joined by Trends Journal publisher Gerald Celente, as they take a look at trends that are happening as we move forward into 2018. For more than three decades, Celente has built his reputation as a fearless teller of the truth, an accurate forecaster and an analyst whose expertise crosses many arenas, from economics to politics, from health to science, and more. Together they discuss...Read More
Stock futures indicated Wall Street would open with modest gains on Tuesday, Jan. 2, while European stocks were firmly in the red as a slumping U.S. dollar lifted the value of regional currencies and pressured equities amid firming global metals prices and renewed signs of economic strengthening. Early indications suggested stocks would continue their record run early into the new year as f...Read More
The U.S. dollar extended its worst year since 2003 in early European trading Tuesday as investors shunned the greenback in favor of rival currencies amid diverging bets on growth rates in the coming year that could mean big changes for global stocks. The dollar index, which benchmarks the greenback against a basket of six global currencies, was marked 0.3% lower from its New Year's Eve clo...Read More
Barrick Gold is one of the largest gold producers in the world with 1.243 Moz of gold produced in 3Q'17. The company forecasts gold production of ~5.4 Moz/2017.Acacia Mining in Tanzania: A lingering subject of concern for Barrick that will remain in 2018.ABX offers a good opportunity and seems undervalued as it enters 2018 while it is not totally "risk free." It is perhaps the right...Read More
The company maintained an ambitious level of capital expenditures in 2017.Strong leverage metrics support capital.The company delivers consistent production and reducing cost at South Deep mine project. Investment Thesis Headquartered in Johannesburg, South Africa, Gold Fields Ltd (NYSE:GFI) holds gold reserves in Ghana, Australia, South Africa and Peru. It is also engaged in other related activit...Read More
Spot bullion gains for 8th day to the highest since SeptemberPrecious metal advanced in 2017 even as Fed hiked three timesGolden Cross for Gold a Bullish Sign, Says StreibleGold is starting the new year on the front foot. Bullion advanced for an eighth session to head for the longest stretch of gains since mid-2011, building on an annual surge.Bullion for immediate delivery advanced 0.9 percent to...Read More
The S&P 500 delivered returns just shy of 20% in 2017.The Nasdaq gained more than 28%, with household name tech stocks like Facebook, Netflix, and Amazon leading the way higher. Each of these plays boasts 2017 gains of more than 50%.But the cryptocurrency space tops them all. Bitcoin launched to ridiculous 12-month gains of more than 1,300% - even after retreating more than $5,000 from its Dec...Read More
Happy New Year!It's time to welcome in a brand new trading season. As a 25-year trading floor veteran I know what that means...Everyone, and I mean EVERYONE always wants to know what I'm hearing on the floor. People want to know the must-have stocks for 2018...and the must-follow sectors.So I'll cut to the chase and spill the beans right here. Consider this your 2018 "insiders" trade briefing...If...Read More
Dear Reader,An out-of-town visitor, ears a-perk and eyes a-pop, signs onto a bus tour of New York City…The tour concludes at the downtown waterfront, just down the holler from the Financial District.The nautical estates of the 1% bob in the easy swells off Lower Manhattan.“Here are the yachts of our bankers and stockbrokers,” gloats the tour guide, beaming with local pride.Then c...Read More
Happy New Year!Time to welcome in a brand new trading season!As a 25-year trading floor veteran I know what that means...Everyone... and I mean EVERYONE always wants to know what I'm hearing on the floor. People want to know the must-have stocks for 2018...and the must-follow sectors.So I'll cut to the chase and spill the beans right here. Consider this your 2018 "insiders" trade briefing...If we...Read More
Happy New Year!Today is the first time in 2018 that the stock market is open and here are the 5 most important things you need to know to start your year off right.Marijuana Goes Mainstream – On Monday, January 1st, a California law allowing the broad use of recreational marijuana officially went into effect. As of yesterday, anyone 21 and older can now purchase marijuana at licensed retaile...Read More
A newly funded study of Colorado residents exposed to drinking water contaminated by firefighting foam used at a U.S. Air Force base was recently featured by multiple news outlets. Researchers at Colorado School of Mines and the Colorado School of Public Health at the University of Colorado Anschutz Medical Campus are collaborating on the study, which is being funded by the National Institute of E...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 Mike CaswellRaymond James Ltd.'s Lori Pinkowski and Seth Allen deny that they did anything wrong in handling the portfolio of a disgruntled North Vancouver retiree. They say that the client understood his investments were going into a discretionary account and th...Read More
by: Northern Miner Staff Writer, SEPTEMBER 27, 2017The geological model Bonterra Resources (TSX-Venture: BTR) is applying to its Gladiator gold project in the Abitibi belt of Quebec is proving to be a reliable predictor of where extensions of the already substantial deposit will appear.As a result, the Vancouver-based company has been able to quickly expand the known gold mineralization along s...Read More
Jan 03, 2018 Guest(s): Scott Gamm TheStreet.com Year 2017 saw the S&P 500 gain nearly 20%, the best performance since 2013, and some strategists expect the New Year to yield further growth in the broad equity markets. Kitco News' Daniela Cambone is joined by The Street's Scott Gamm to discuss bank analysts' expectations for U.S. stock markets in 2018. "Bank of America Merrill Lynch, J.P. Mor...Read More
by: Northern Miner Staff Writer, SEPTEMBER 27, 2017The geological model Bonterra Resources (TSX-Venture: BTR) is applying to its Gladiator gold project in the Abitibi belt of Quebec is proving to be a reliable predictor of where extensions of the already substantial deposit will appear.As a result, the Vancouver-based company has been able to quickly expand the known gold mineralization along s...Read More
Dominion Energy and Scana Corporation have today announced an agreement for them to combine in a stock-for-stock merger. They said the agreement calls for "significant benefits" to Scana's South Carolina Electric & Gas Company subsidiary (SCE&G) electricity customers to offset previous and future costs related to the withdrawn VC Summer units 2 and 3 nuclear power plant project.After the c...Read More