Recent News

Harmony Gold Mining: 1st Half FY18 Gold Production Higher Than in 2nd Half FY17

January 17, 2018 / dlvr.it

Harmony Gold Mining Co. Ltd. (HAR.JO) said Tuesday that it is on track to meet annual gold-production guidance of 1.1 million ounces for 2018, with first-half gold output up from the previous six-month period.Read full newsRead More

Dell Wants to Mine Old Computers for Gold and Turn It Into Jewelry

January 17, 2018 / dlvr.it

Tech giant Dell has a new initiative in mind: mine gold from old laptops and spin it into jewelry. The initiatives makes sense.Read full newsRead More

Investors in Gold Mining Bonds Leave Shareholders in the Dust

January 17, 2018 / www.bloomberg.com

Cost-cutting by Barrick, Newmont and Goldcorp pays off'So much less risk' for holders of debt versus equityHaul trucks drive along a haulage road next to an open pit at the Batu Hijau copper and gold mine operated by PT Newmont Nusa Tenggara in Sumbawa, West Nusa Tenggara province, Indonesia, on Wednesday, June 29, 2011. PT Newmont Nusa Tenggara is a unit of Newmont Mining Corp.Photographer: Dadan...Read More

Stocks Fall, Reversing Gains After Record Surge: Markets Wrap

January 17, 2018 / www.bloomberg.com

Energy, materials shares lead market lower, Treasuries riseCiti's plans for tax windfall considered big win for investorsHickmore Says Financial Conditions Are Supportive of EquitiesU.S. stocks sank, retreating from all-time highs as commodities producers and industrial shares took a hit with oil and metals in decline. Treasuries rose amid Congressional talks to avert a government shutdown Fr...Read More

Dow Crashes Through 26,000 for the First Time as Stocks Set Record Highs - TheStreet

January 17, 2018 / www.thestreet.com

The Dow Jones Industrial Average traded above 26,000 for the first time on Tuesday, Jan. 16, and the S&P 500 crossed 2,800 as stocks pushed further into uncharted territory as investors extended bets on a strong corporate earnings season. The Dow gained 176 points, or 0.7%, to 25,984. It crossed 26,000 shortly after markets opened on Tuesday. The blue-chip index blasted t...Read More

Punch-Drunk Investors & Extinct Bears, Part 2

January 17, 2018 / www.acting-man.com

Rydex Ratios Go Bonkers, Bears Are Dying OffFor many years we have heard that the poor polar bears were in danger of dying out due to global warming. A fake photograph of one of the magnificent creatures drifting aimlessly in the ocean on a break-away ice floe was reproduced thousands of times all over the internet. In the meantime it has turned out that polar bears are doing so well, they are con...Read More

Punch-Drunk Investors & Extinct Bears, Part 1

January 17, 2018 / www.acting-man.com

The Mother of All Blow-OffsWe didn't really plan on writing about investor sentiment again so soon, but last week a few articles in the financial press caught our eye and after reviewing the data, we thought it would be a good idea to post a brief update. When positioning and sentiment reach levels that were never seen before after the market has gone through a blow-off move for more than a year,...Read More

Bitcoin Tanks Below $12,000 as Regulators Plan New Cryptocurrency Rules - TheStreet

January 17, 2018 / www.thestreet.com

Bitcoin prices continued to plunge Tuesday, falling to the lowest levels since early December and extending their bear-market decline to nearly 40% as regulators around the world line up to caution on cryptocurrency speculation. Bitcoin was marked around $2,000, or 17% lower from its Monday close in early trading on the Bitstamp exchange in Luxembourg, which feeds prices into the CME Group futur...Read More

Bitcoin Is Like Gold Not the U.S. Dollar Says Former Fed Official Randall Kroszner - TheStreet

January 17, 2018 / www.thestreet.com

When was the last time you bought your morning coffee using bitcoin? If you answered never, you're probably not alone. For that reason, said former Federal Reserve Gov. Randy Kroszner, bitcoin shouldn't be considered a crypto currency, but rather a crypto asset. "I think the best way to think about what are called cryptocurrencies is really to say it's crypto assets," Kroszner told TheStreet. "A...Read More

7 Investment Themes You Can't Afford to Miss for 2018 - TheStreet

January 17, 2018 / www.thestreet.com

Looking to make the most of Dow 26,000? Jefferies has you covered. In a note Monday, Jan. 15, Jefferies analysts offered seven key small- to mid-cap themes for investors to bear in mind as 2018 continues its upward momentum. Analysts noted that many of the "winning formula" themes build from similar ideas held in 2017, which "worked well and have legs." The seven themes, detailed below, are "not...Read More

ASIAN MORNING BRIEF 17/01: LME base metals largely fall but tin rallies; Comex copper sinks; Codelco's Potrerillos copper smelter halts operations

January 17, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Wednesday January 17.Base metals prices on the London Metal Exchange were mostly lower at the...Read More

The Bubble That Could Break the World

January 17, 2018 / dailyreckoning.com

The key to bubble analysis is to look at what's causing the bubble. If you get the hidden dynamics right, your ability to collect huge profits or avoid losses is greatly improved.Based on data going back to the 1929 crash, this current bubble looks like a particular kind that can produce large, sudden losses for investors.The market right now is especially susceptible to a sharp correction, or wor...Read More

The Real Source of the "Melt-up?"

January 17, 2018 / dailyreckoning.com

The Dow broached 24,000 on Nov. 14.It crested 25,000 on Jan. 4.Today… only 12 days later… the Dow briefly crossed 26,000.Is the "melt-up" truly at hand?If so, who - or what - is behind it?And how long can it last?Today we reveal startling new information... information our agents have only now brought to our awareness.But first a brief review...The "melt-up" phase is that period of del...Read More

Bitcoin's North Korea Connection

January 17, 2018 / dailyreckoning.com

Cryptocurrencies proved to be one of the biggest winners for investors and speculators in 2017.The daddy of them all, bitcoin, closed out the year near $14,000 - a gain of over 1200%.Bitcoin wasn't the biggest winner however. Ripple posted gains in excess of 30,000%!Cryptos can make people rich in a flash. It’s the reason for their appeal. But people need to know, there's also a dark side to...Read More

The Retail Comeback is Real: Buy "Dead Malls" Now

January 17, 2018 / dailyreckoning.com

Barron's kicked off the short trading week with another head-scratcher:This retailer's stock has jumped 10% in 2018 - and there could be more to come.Retail stock? I doubt it. The article probably tells the story of a cutting-edge startup looking to challenge Amazon in the online retail space. Or a logistics firm helping shops streamline their inventory process using blockchain technology. An actu...Read More

Santi commentary on post-wildfire debris flows published in The Denver Post

January 17, 2018 / www.minesnewsroom.com

A guest commentary on post-wildfire debris flows written by Paul Santi, professor of geology and geological engineering at Colorado School of Mines, was published in The Denver Post. The piece, "California mudslides are a reminder of Colorado's vulnerability," discusses the mudslide risk in Colorado and what residents can do to protect themselves.Read More

Investors in Gold Mining Bonds Leave Shareholders in the Dust

January 17, 2018 / www.bloomberg.com

Cost-cutting by Barrick, Newmont and Goldcorp pays off'So much less risk' for holders of debt versus equityHaul trucks drive along a haulage road next to an open pit at the Batu Hijau copper and gold mine operated by PT Newmont Nusa Tenggara in Sumbawa, West Nusa Tenggara province, Indonesia, on Wednesday, June 29, 2011. PT Newmont Nusa Tenggara is a unit of Newmont Mining Corp.Photographer: Dadan...Read More

ASIAN MORNING BRIEF 17/01: LME base metals largely fall but tin rallies; Comex copper sinks; Codelco's Potrerillos copper smelter halts operations

January 17, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Wednesday January 17.Base metals prices on the London Metal Exchange were mostly lower at the...Read More

Diamond & Specialty Minerals Summary for Jan. 16, 2018

January 17, 2018 / www.stockwatch.com

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 Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a mediocre 85-106-99. The TSX Venture Exchange fell seven points to 888 while polished diamond prices were flat. Daryl Jones's Voltaic Minerals Corp. (VLT) gained two cents to 6.5 cen...Read More

SEC defendant Cervino facing up to 11 years

January 17, 2018 / www.stockwatch.com

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 CaswellNew York prosecutors have asked the judge to imprison Christopher Cervino, charged alongside Vancouver-linked fraudster Ed Durante, for nine to 11 years. They say that Mr. Cervino, 44, used his substantial knowledge of the securities industry to infli...Read More

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