Christopher Lewis8 hours ago (Dec 20, 2019 5:01 PM GMT)Gold markets did very little during the trading session on Friday, as we are sitting just above the 50 day EMA. The market has done almost nothing all week and that’s not a huge surprise considering that there isn’t much in the way of news flow to get the markets moving. That being said, the market is very likely to continue to p...Read More
James Hyerczyk13 hours ago (Dec 20, 2019 11:44 AM GMT)Gold futures are trading lower on Friday, pressured by a firmer U.S. Dollar, rising interest rates and increased demand for risky assets. The market remains rangebound, which suggests investor indecision and impending volatility.Volume is extremely light ahead of the start of holiday season so the market may not move much today. Traders, howeve...Read More
Maurice Jackson of Proven and Probable discusses future plans with this copper company's senior VP of Operations. Maurice Jackson: Joining us for a conversation is David Swisher, the senior vice president of operations for Nevada Copper Corp. (NCU:TSX; NEVDF:OTC). We're delighted to speak with you on this historic day, as Nevada Copper has just accomplished a watershed moment that now puts the co...Read More
Agreements are for one lease, one option and two sales deals. Quaterra Resources Inc. (QTA:TSX.V; QTRRF:OTCQX) announced in a news release that its subsidiary, Six Mile Mining, signed two agreements for the right to purchase the 678 unpatented mining claims on the Butte Valley prospect in Nevada."With these agreements we have the opportunity to acquire a strategic land position over the Butte Val...Read More
The company will start the work there in either late winter or early spring 2020. Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) intends to commence a phase 1 drill program in Q1/20 at its McKenzie gold project in Red Lake, Ontario, it announced in a news release.To follow Nexus' completed prospecting efforts at McKenzie, the campaign will include 1,000 meters of diamond drilling in late winter-early...Read More
Twenty years...Twenty years have lapsed since The Daily Reckoning first jumped from the presses.Thursday night we attended a black tie affair in honor of this, its china anniversary.Our hosts were Daily Reckoning co-founders Messieurs Bill Bonner and Addison Wiggin (here pictured, both bespectacled):Your humble editor even consented to the dress code - under violent protest:The publication you pre...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Gerald Celente, the Publisher of The Trends Journal as he gives his top trends and predictions for the year 2020 and beyond.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Centur...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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, BusinessWee...Read More
"He (Junaid Hafeez) shall be hanged by neck till his death subject to its confirmation by the honorable high court." Continue...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 344,49358,218114,165202,432521,051661,090693,434 Change from Prior Reporting Period 15,324-3112,756-94215,39427,13828,119 Traders 21062725555290167 Small Speculators LongShortOpen Interest 55,89723,553716,987 -154-1,13526,984 non reportable positionsChang...Read More
By: Ira EpsteinGold remains under the 18 week moving average, but had a good day yesterday..Read More
Do not think of 2020. Just focus on end January. January is significant for three reasons for financial markets (a) Trump and his impeachment proceedings (b) Chinese New year is around 25th January. Chinese retail demand numbers and Chinese demand for gold and silver will be the key. (c) Brexit and increase or decrease in global mass unrest in India, Hongkong etc. At this point all these factors...Read More
All three indexes notched new record highs Optimism continued to lead the way on Wall Street, after U.S. President Donald Trump tweeted that he had a "very good talk with President Xi of China concerning our giant Trade Deal." Strong consumer spending data for the third quarter likely also gave markets a boost, along with an unrevised reading for third-quarter GDP. The Dow grabbed a 78-point gain,...Read More
RAD stock has roughly doubled this weekRite Aid Corporation (NYSE:RAD) has been on fire, on pace to roughly double in value this week thanks to the company's better-than-expected earnings and outlook from yesterday morning. RAD stock today is up 25.3% at $14.83, on pace to easily tackle the 320-day moving average for the first time since early 2017. RAD stock will now look to sustain this rally de...Read More
The Nasdaq is in the midst of an eight-day winning streakRecords were broken left and right on Wall Street this week. Tailwinds from last Friday's "phase one" China trade deal have kept the ball rolling, with the Dow and S&P 500 nabbing record closes four out of the five days this week alone. Investors mostly shrugged off off the mid-week impeachment hearings for President Donald Trump, and got...Read More
F5 Network is planning on buying Shape Security in a $1 billion cash dealSoftware developer F5 Networks, Inc. (NASDAQ: FFIV) announced earlier today that it plans to buy privately-held security and anti-fraud company Shape Security for approximately $1 billion in cash. As a result, FFIV stock is down 4.1% to trade at $137.81 and hit a two-month low of $132.50 earlier today, with Cowen warning that...Read More
Overall, this has been one of the best weeks in months for stocksIt's more of the same for U.S. stock markets today, as the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) have each hit fresh highs -- while the latter index is staring down an eighth straight win. Semiconductor stocks are again leading the way, extending recent trade-inspired upside. Consumer st...Read More
MRK is surging to record-high territory todayPharmaceutical name Merck & Co., Inc. (NYSE:MRK) is up 1.4% to trade at $91.30 this morning, just off a roughly 20-year high of $92.64 and pennies from the record peak from 2000, on the heels of a drug approval from the Food and Drug Administration (FDA). Specifically, the FDA passed Merck's vaccine Ervebo, a preventative drug for the deadly virus Ebol...Read More