West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said.But attracting buyers won't be easy for the company that has just one producing asset in Senegal and is targeting a valuation of up to $300 million, the sources added.T...Read More
(Updates with closing prices)By Peter HobsonLONDON, June 7 (Reuters) - Copper prices were set for theireighth straight weekly fall after trade disputes, signs ofslowing global economic growth and disappointing U.S. jobs dataweakened the demand outlook for metals.Benchmark copper on the London Metal Exchange (LME)traded down 0.2% at $5,799 a tonne in closing rings, down 0.5%this week. Copper has fa...Read More
In a recent report, the World Gold Council revealed that holdings in global gold-backed exchange-traded funds (ETFs) fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows, as consistent European fund growth was offset by outflows in North America and Asia.According to the market development organization, May results together with those of February and April have caused...Read More
Gold prices extended gains Thursday, taking bullion prices to within touching distance of a 2019 high, as investors bet on central bank easing and weakening currencies as the global economy continues to feel the affects of a prolonged U.S.-China trade war. With markets pricing in a 50% chance of a September rate cut from the European Central Bank, a view that could be confirmed at its policy mee...Read More
The Thursday Market Minute Global stocks sputtered Thursday, tugging Wall Street futures into the red, as investors held onto hopes of Fed rate bets amid a slowing world economy.President Donald Trump continues his European tour with a visit to Normandy to mark the 75th anniversary of D-Day, telling reporters he is ready to place more tariffs on China if necessary.European stocks booked modest g...Read More
VANCOUVER, British Columbia -- New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) ("New Pacific" or the "Company") is pleased to announce the assay results from the first eight drill holes from its wholly-owned Silver Sand Project located in the Department of Potos?-, Bolivia. Drilling is on-going and the Company currently has three drill rigs on site. The 2019 drilling program at Silver...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 240,47784,36256,898132,517305,093429,892446,353 Change from Prior Reporting Period 46,014-23,413-5,308-58,7733,849-18,067-24,872 Traders 19872675054278168 Small Speculators LongShortOpen Interest 51,60335,142481,495 -5,5641,241-23,631 non reportable posit...Read More
- Dave Kranzler"Shanghai Gold will change the current gold market with its 'consumed in the East but priced in the West' arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed." - Xu Luode, Chairman, Shanghai Gold Exchange, 15 May 2014The quote above is for the benefit of anyone who refuses to acknowledge or accpet that the price...Read More
By: Ira EpsteinFriday in Gold is notorious for giving back gains. Gold in bullish mode:Read More
- Jordan Roy-Byrne CMT, MFTAIn recent days the market has moved from expecting a rate cut by January 2020 to now expecting as much as three rate cuts by then. As a result both Gold and gold stocks launched higher, forming a "three white soldiers" bullish reversal pattern. Last week and in previous writings, we noted the importance of the actual rate cut for Gold and gold stocks. Their perform...Read More
Trump needn't have wheedled the Fed about juicing the money supply, since the banksters, ever eager to ride to the rescue -- of themselves -- would have done it anyway. The alchemists at the central bank have once again begun to "manage" our "expectations" with all the subtlety of a carnival barker about to spin a Big Six wheel. Their loyal spinmeisters at The Wall Street Journal gave this lat...Read More
- Hubert MoolmanPreviously, I have shown how we could be close to major financial/monetary crisis. The following chart that shows the ratio of gold to the monetary base was used:The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. That is the gold price in US dollars divided by the St. Louis Adjusted Monetary Base in billions of US dollars. (from...Read More
While President Trump continues to pile up one bad trade policy after another, Fed Chairman Powell indicated that he's ready to pile on too! More money printing, more debt creation and more QE look to be in America's future. Look out below!Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York...Read More
Reluctant Preppers host Dunag?EUR
Stanley Druckenmiller, former chairman and president of Duquesne Capital, joins "Squawk Box" to discuss how he approaches investing as well as his calls on the economy, trade and the markets.Read More
Eric Sprott discusses the latest surge in precious metals prices but also answers a long list of listener questions regarding the precious metals markets and the mining shares.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities f...Read More
A Ukrainian businessman painted in the Mueller report as a sinister link to Russia was actually a "sensitive" intelligence source for Continue...Read More
The sign now reads: "When they completely disappear, however, will depend on how and when we act."Continue...Read More
Canada has produced some amazing scientists and inventors that have changed the world for the better.Alexander Graham Bell, the inventor of the telephone, was a British subject in Canada.Continue...Read More
"The economy is failing."Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gr...Read More