Trump's impeachment progress is the key reason for gold and silver to rise. Impeachment news is the reason for gold price to rise from $1460 to $1520. Thereafter investment interest and speculative longs pushed gold past $1600. Gold prices not falling below $1530 despite some bearish news should be taken as short term positive by bulls. News on US-China trade deal (everything collected from Re...Read More
In conversation with Maurice Jackson of Proven and Probable, the CEO elaborates on what could be a "company-making" event. Maurice Jackson: Joining us for a conversation is David Cole of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the royalty generator. Pleasure to be speaking with you today to discuss a series of accretive transactions that EMX Royalty has consummated that continue to rewa...Read More
The Critical Investor sits down with Rick Rule, CEO of Sprott U.S. Holdings, for a wide-ranging discussion of his more than four-decade-long involvement in the resource sector. Several months ago I thought of something different. Wouldn't it be nice to interview the real movers and shakers in the mining industry? I decided to start with Rick Rule who is present at almost every conference I go to...Read More
Though never drill tested, the company believes the area is highly prospective for gold. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release it signed an option agreement to earn a 100% interest in Bounty Gold Corp.'s H Lake property, thereby expanding its property holdings in Ontario's Red Lake District."With this second option we have secured what we believe to be the most fa...Read More
All of the firm's aims center on rapidly advancing its deposit in Canada. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) reported in a news release its 2020 goals for its Wicheeda rare earth elements (REEs) project near Prince George, Canada."We expect 2020 to be a watershed year of significant rerating for Defense Metals and an elevated presence amongst our peers," President and CEO Cra...Read More
The transaction will expand the company's portfolio of properties. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) agreed to acquire Chalice Gold Mines Ltd.'s (CXN:TSX; CHN:ASX) South Rim property for 10 million shares, it announced in a news release. "We are extremely excited to expand the company's portfolio of properties with this acquisition," Black Tusk CEO Chief Richard Penn sa...Read More
The numbers from the company's three operations are reviewed in a CIBC report. In a Jan. 12 research note, CIBC analyst Cosmos Chiu reported that Dundee Precious Metals Inc. (DPM:TSX) posted a solid Q4/19 and its production for 2019 fell well within the guidance range. "Overall, the results confirm that the company is set up for a strong 2020 as Chelopech's high-margin production is complemented...Read More
The potential of this company's asset is discussed in an Echelon Wealth Partners report. In a Jan. 10 research note, Echelon Wealth Partners analyst Gabriel Gonzalez purported that Revival Gold Inc.'s (RVG:TSX.V) updated Beartrack and Arnett Creek resource estimate, expected between mid and late Q1/20, should show growth and that "potential for much more" exists.Echelon expects the updated gold r...Read More
Silver appears to be very close to an evenbigger move higher. Most of the hard work of the double-bottom since 2015 isdone.The coming leg higher is the one that willlikely take prices to all-time highs. Below, is a long-term Silver chart: Note that price has broken above the50-month moving average, and consolidated above the line. This is a great buy signal, when taken into account withother...Read More
Last Thursday, the New York Fed added more than $80 billion in fresh temporary liquidity to the financial markets. Move over folks, nothing to see here – but what does it mean for gold prices?Repo Crisis Is Not OverLast week on Thursday, the New York Fed added $83.1 billion in temporary liquidity to financial markets. And banks’ demand for liquidity flared up again on Tuesday. If you h...Read More
By: Ira EpsteinGold 18-dma is the $1,540's, $20 from the current price = support. Bias is up, trend is down..Read More
- Gary Christenson, The Deviant InvestorIt was the best of times, it was the worst of times, it was the age of QE, it was the age of fiscal foolishness, it was the epoch of the Fed Put, it was the epoch of Greater Fool Theory, it was the season of golden light, and it was the season of fiat darkness.My apologies to Charles Dickens. Miles Franklin sponsored this article by Gary Christenson....Read More
Trump's impeachment progress is the key reason for gold and silver to rise. Impeachment news is the reason for gold price to rise from $1460 to $1520. Thereafter investment interest and speculative longs pushed gold past $1600. Gold prices not falling below $1530 despite some bearish news should be taken as short term positive by bulls. News on US-China trade deal (everything collected from Re...Read More
- Peter DegraafA good place to start is at the seasonal tendencies for gold. There are seasons when gold drops in price, simply due to a lack of interest on the part of investors, and there are times when there is a seasonal tendency for investors to flock into the gold market. This chart courtesy goldchartsrus.com shows January is historically the best month for owning gold and gold produ...Read More
- Stewart Thomson, Graceland Updates 1. For the past few years, I've been suggesting that the world's ultra-wealthy investors have been buying enormous quantities of physical gold at a rate that overwhelms the commercial trader shorting on the COMEX.2. Please click here now. RT News highlights a wonderful chart produced by Goldman Sachs, and it likely proves that my theory is 100% cor...Read More
By: Ira EpsteinGold found support around $1,540. Pattern still bearish short-term, needs to get above $1,570. 18-DMA around $1538:Read More
On the face of it, the so called trade US-China trade deal looks a sham just to fool the voters. US treasury secretary has said that trade tariff's with China will be there until the second phase of the trade agreement. Trump's biggest vote bank is farming states. Energy companies have a history of funding Republicans. Chinese will be buying very large quantities to American farm produce and Ame...Read More
UnitedHealth (UNH) was a big post-earnings winner todayThe Dow locked up a solid win -- and fresh record intraday high -- after the U.S. and China made the "phase one" trade deal official. It was the blue-chip index's third straight win, with UnitedHealth (UNH) a big earnings winner today. The S&P 500 and Nasdaq both hit new record highs, as well. Although the text of the trade deal is yet to be r...Read More
According to eMarketer, Pinterest is now the third-largest social media platform Social media name Pinterest Inc (NYSE:PINS) is surging today, pacing for a second straight day of big gains after research firm eMarketer unveiled data that showed PINS U.S. user base surpassed Snap's (SNAP) Snapchat last year, making it the third largest social media platform. The data also showed the online scrapboo...Read More
The Dow managed to bounce back after slipping below the breakeven this morningThe Dow Jones Industrial Average (DJI) initially slipped out of the gate on concerning comments from Treasury Secretary Steven Mnuchin. The blue-chip index has since bounced back to hit a record high, with the trade deal signing currently underway. Comments from National Economic Council Director Larry Kudlow that U.S....Read More