Technical analyst Clive Maund charts this royalty and streaming company and explains why he expects its shares to continue to rise. There was big news out of Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) late last week, when the company announced that it has settled a tax dispute with a Canadian agency on terms favorable to itself. What it boils down to is that foreign income on earning gener...Read More
Greg Romain, CEO of Gowest Gold, sits down with Maurice Jackson of Proven and Probable to discuss his company's aim of being the next gold producer in Canada's Timmins gold camp.Maurice Jackson: Joining us today is Greg Romain, the president, CEO and director of Gowest Gold Ltd. (GWA:TSX.V), which is focused on becoming the newest gold producer in Timmins. For someone new to the story, who is Gowe...Read More
"Protecting people's information requires stronger teams, better technology and clearer policies, and that's where we've been focused for most of 2018."Continue...Read More
Just in case you missed what's going on in France: the status quo in Europe is doomed.The status quo has a simple fix for every crisis and systemic problem:Continue...Read More
LONDON, 18 December 2018 - Japan's leading financial data and news agency, Quick, today quotes trading data from BullionVault in a report on the rising gold price.Founded in 1971 and producer of the Nikkei 225 stock index, "Individual investors seem to be acting on this," says Quick."According to BullionVault, the London-based gold trading site, private investors grew their holdings in November ev...Read More
Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More
Trump may be facing an uphill battle he can't win in 2020.The much-anticipated "Blue Wave" washed over America on November 6. But it didn't hit all states equally.Some states, like California and New Jersey, were electoral graveyards for Republicans. In a few states, Republicans actually picked up a seat or two.But overall, Democrats saw their biggest gains in Congress since Watergate. They picked...Read More
Oil prices fell to their lowest levels in a yearStocks were pummeled once again today, with the Dow starting the week off more than 500 points in the red for its lowest close since March 23. Negative headlines surrounding Goldman Sachs (GS), a sharp drop from the healthcare sector, and lingering fears about global economic growth have put relentless pressure on stocks all day. The sell-off has be...Read More
Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More
Getty ImagesBuilders on construction site The numbers: The National Association of Home Builders' monthly confidence index tumbled four points to 56 in December. What happened: The December decline took the sentiment index to the lowest since May 2015 and missed the Econoday forecast of a one-point increase. It followed a breathtaking plunge from October to November and brought the full-year 20...Read More
Knicks owner James Dolan spoke with ESPN, and his words are getting heavy media coverageIt's shaping up to be another down day for the U.S. stock market. Three stocks in the news are Madison Square Garden Co (NYSE:MSG), drugmaker Proteostasis Therapeutics Inc (NASDAQ:PTI), and behavioral sciences specialist Acadia Healthcare Company Inc (NASDAQ:ACHC). Here's why shares of MSG, PTI, and ACHC are ma...Read More
The brokerage firm initiated coverage with an "outperform" ratingThe shares of HyreCar Inc (NASDAQ:HYRE) are bucking the broad-market trend lower today, thanks to some optimistic analyst attention. Specifically, Northland Capital initiated coverage of HYRE shares with an "outperform" endorsement and a price target of $5 -- more than double the penny stock's current price -- citing improving gross...Read More
Bloomberg News/LandovAn employee sews a dress at the Ferrara Manufacturing Co. clothing factory in the Garment District of New York City. The numbers: The Empire State manufacturing index fell 12.4 points to 10.9 in December, the New York Fed said Monday. That's the weakest level in 19 months. Economists had expected a reading of 21, according to a survey by Econoday. Any reading above zero indi...Read More
There's a few "sneaky" tricks Wall Street doesn't want made public.While pretending to be pillars of investing intelligence and integrity...The richest, most influential billionaires on Wall Street are secretly manipulating the market - and they don't care who gets hurt in the process.It's nothing personal...They have multi-million dollar bonuses to collect and high-rise condos to buy their mistre...Read More
The Texas ruling has MOH spiraling, along with most of the healthcare sector At last check, shares of Molina Healthcare Inc (NYSE:MOH) are down 9.7% to trade at $118.94. The dramatic drop is part of a sector-wide spiral on news of a Texas judge deeming the Affordable Care Act (ACA), widely called "Obamacare,"unconstitutional, in a ruling issued late Friday. In a statement, Molina said it was "disa...Read More
The last time it sounded was around the August 2015 "flash crash"Last week, the three major market indexes fell into "correction" territory -- defined as at least 10% off their recent highs -- at the same time. It was the first time the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) were in correction territory simultaneously since around the August 2015 "flas...Read More
Stop picking losers with this strategy used by the richest investors.Forget P/E ratios and earnings per share...Forget the advice to "buy what you know" (no matter what Warren Buffett says)...Forget everything you think you know about picking stocks...The world's richest investors don't pay attention to any of that stuff. They know none of those factors impact the direction a stock's price is abou...Read More
Vancouver-based Pretium Resources has received the amended permits allowing it to expand production to 3,800 t/d at its Brucejack gold mine 65 km north of Stewart. The permits were issued by the B.C. Ministry of Energy, Mines and Petroleum Resources and the B.C. Ministry of Environment and Climate Change Strategy.Annual mill throughput will grow to 1.4 million tonnes from 990,000 tonnes, or 3,80...Read More
Assays from the Eleanore South joint venture continue to include high grade gold intersections. The JV consists of the operator and 26.6% owner Azimut Exploration, Eastmain Resources (36.7%) and Goldcorp (36.7%). The property is adjacent to Goldcorp's Eleonore gold project in the James Bay region.Highlights of recent drilling include the following:Hole ES18-133: 14.7 g/t gold over 6.2 metres,...Read More
The financial media site said Apple is attractively pricedBarron's tapped Apple Inc. (NASDAQ:AAPL) as one of its top 10 picks for 2019 (subscription required), saying the FAANG stock's "valuation looks attractive and there appears to be limited risk to current-year earnings even if one assumes a 5% to 10% decline in iPhone sales." The financial news magazine also pointed to Apple's massive buyback...Read More