According to a research report released by Technavio, the global connected car market is expected to reach USD 144.95 billion by 2020 and growing at a CAGR of more than 32%.The demand for in-vehicle connectivity and telematics has led to technological improvements, which aim at enhancing the overall in-vehicle experience of both the passengers and drivers. Siyata Mobile Inc. (TSX-V:SIM |...Read More
The lithium revolution is moving so fast that it's being hailed as an eventual replacement for gasoline.You've read the headlines, and I know quite a few of my readers haven't been sitting quietly on the sidelines. After all, the growth stories behind lithium and cobalt have been too good to pass up.And we all know why these two remarkable metals are taking the world by storm: batteries.Face it, t...Read More
Vancouver, British Columbia - June 7, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Pacific Booker Minerals Inc.'s (TSXV: BKM) (OTC Pink: PBMLF) Audited Financial Statements and MD&A for the year ended January 31, 2017 has been filed on SEDAR and is available for downloading on our website. If you would prefer to receive a copy sent by regular mail, please complete the request area on that pa...Read More
Toronto, Ontario - June 7, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Metals Creek Resources Corp. (TSXV: MEK) ("Metals Creek", or "the Company") and Benton Resources Inc. (TSXV: BEX) ("Benton") are pleased to announce that they have entered into an agreement (the "Quadro Option Agreement") with Quadro Resources Ltd. (TSXV: QRO.H) ("Quadro") whereby Quadro will be provided with the option...Read More
June 7, 2017 (Investorideas.com Newswire) With the commissioning phase of the processing plant complete, full production at this Mexican mine has resumed.Great Panther Silver Limited (GPR:TSX; GPL:NYSE.MKT) announced on June 1 that it has completed the commissioning of the processing plant of the Topia mine in Durango, and that the facility is operating at planned capacity.The company also noted t...Read More
June 7, 2017 (Investorideas.com Newswire) Rudi Fronk and Jim Anthony, the cofounders of Seabridge Gold, discuss the significance of gold breaching its downward sloping trend line.Today, gold broke a nearly six year-long downward sloping trend line that goes back to its all-time high of $1921 in August of 2011. Gold has not managed to cross above this trend line, currently at around $1280, since th...Read More
June 7, 2017 (Investorideas.com Newswire) With primary targets still not accessible due to weather, secondary targets are the focus, and analysts Ryan Walker of Echelon Wealth Partners and Adam Melnyk of PI Financial weigh in on the latest results.In a June 5 press release, Victoria Gold Corp. (VIT:TSX.V) announced assays for its Eagle West zone, a secondary target, directly adjacent to its primar...Read More
Upholding a Well-Worn TraditionNot surprisingly, Donald Trump has followed in the infamous footsteps of his presidential predecessors in the transition from candidate to chief executive. Invariably, every candidate for the presidency makes a whole host of promises, the vast majority of which are horrible and typically only exacerbate the problems they attempt to resolve. With respect to trade,...Read More
By: Rudi Fronk and Jim Anthony Rudi Fronk and Jim Anthony, the cofounders of Seabridge Gold, discuss the significance of gold breaching its downward sloping trend line.Today, gold broke a nearly six year-long downward sloping trend line that goes back to its all-time high of $1921 in August of 2011. Gold has not managed to cross above this trend line, currently at around $1280, since then, alth...Read More
By Craig HemkeIn what should come as no surprise to anyone around here, The Banks are once again creating as much paper metal as necessary to stall an advance in price. Already twice this year we've seen this happen in Comex Digital Silver and now The Banks are working their alchemic magic in Comex Digital Gold, too.Frankly, I'm not even sure why I'm taking the time to write about this. You kno...Read More
By: Arkadiusz Sieron In the previous edition of the Market Overview we wrote that "geopolitical risks clearly won with a hawkish Fed in a tug of war in the gold market" at the turn of March and April, as the yellow metal gained about 7 percent from mid-March to mid-April. However, the price of gold declined about 4.8 percent until May 9 when it started its rebound. As the chart below shows, at...Read More
By Frank HolmesWith the U.S. dollar taking another hit last Friday on a weaker-than-expected jobs report, gold closed up 1.12 percent for the day today. A Bloomberg gauge of 72 junior miners, however, has lost 15 percent since the end of January, and the rebalance of the VanEck Vectors Junior Gold Miner ETF (GDXJ), which I previously wrote about, is also having a depressing effect on many gold n...Read More
Tuesday's feisty rally exceeded the 1296.40 rally target we'd been using by a relatively modest $2.40, but because the pattern associated with the target is so clear, even as small an overshoot as occurred will have bullish implications going forward. Accordingly, I'll suggest using the pattern shown (see inset), with a 1314.50 target that should be familiar to you. It is a logical minimum upsid...Read More
- Gold prices break 6 year down trend on safe haven demand (see charts)- Chinese gold demand set to surge 50% to 1,000 metric tonnes- Chinese demand for gold bars on track to surge more than 60 percent in 2017- Geopolitical risk internationally leading to safe haven demand- UK election, terrorism and rising tensions in Middle East supporting gold after attacks in London and attacks in Iran toda...Read More
Gold Today -New York closed at $1,293.80 yesterday after closing at $1,279.60 Monday. London opened at $1,292.65 today. Overall the dollar was slightly weaker against global currencies, early today. Before London's opening: - The $: EUR was slightly weaker at $1.1254 after yesterday's $1.1246: EUR1.- The Dollar index was slightly weaker at 96.68 afte...Read More
It seems all terror attacks in democratic nations happen before an election. I rarely find any terrorist attack after an election. I am confident that once UK and German elections are over, Europe will not see terror attacks for quite a long time. In Europe or the UK all terrorists were known to the law enforcement agencies and still they slept. It is very easy to radicalize anyone these days. G...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
Topics:Yesterday's must read article, "2017 - the Year of Monetary Revolution, Revisited"Precious Metals breaking above 200 week and 5 1/2 year downtrend lines; Bitcoin/Crypto surgingInterest rates, commodity prices, dollar index, economic data plunging - as the Fed prepares to potentially shock the world with dovishness next weekDotcom valuations in a Great Depression EraThe end of OPEC?Andrew...Read More