Most analysts are already bullish on HOME stockAt Home Group Inc (NYSE:HOME) received new coverage from Berenberg this morning, with the brokerage firm issuing a "buy" recommendation and $30 price target. HOME shares were last seen trading at $22.81 after gaining ground from their year-to-date low a month ago, helped by reports that the home furnishing company is exploring a possible sale. On a y...Read More
South African gold production shrank for an 18th straight month in March, extending the longest run of contractions since the financial crisis.Output of the precious metal dropped 18% from a year earlier compared with a 21% decline in February, Pretoria-based Statistics South Africa said in a statement Thursday. Production contracted for 29 months through January 2009.Key InsightsSouth Africa used...Read More
Acacia Mining Plc saw a surge in gold production in April thanks chiefly to a 54-percent rise in output from its disputed North Mara gold mine in Tanzania.Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania and had cut output by a third after the government banned the export of mineral concentrates in 2017.Barrick's Chief Executive Mark Bristow on Wedne...Read More
The S&P and Nasdaq are on track for a fourth straight loss Despite eking out a win yesterday, Dow Jones Industrial Average (DJI) futures are pointed lower, withtrade tensions reignited following President Donald Trump's comments at a Florida rally Wednesday evening. Specifically, he said China "broke the deal," and "they can't do that, so they'll be paying." This, as Chinese Vice Premier Liu He he...Read More
AngloGold Ashanti Ltd. plans to sell its last South African mine, marking the exit of Anglo American Plc and the companies it spawned from the industry that created Africa's biggest economy.Anglo's creation in 1917 by Ernest Oppenheimer and the subsequent development of what was for decades the world's biggest gold industry underpinned the development of South Africa into the continent's preeminen...Read More
Valterra Resource (TSXV: VQA) and Ginguro Gold signed a letter of intent this week in which the latter expresses its intention to acquire an 80% interest in the Weepah property, located in Esmeralda County, Nevada.To move forward with the deal, Ginguro would have to pay Valterra $10,000 upon execution of the LOI and incur in $1,050,000 in cumulative aggregate exploration expenditures on or in resp...Read More
* SoftBank to split shares two-for-one on June 27 * SoftBank to maintain dividend at 44 yen per share * Vision Fund bets worth $72.3 bln vs $60.1 bln acquisitioncost* Value of its Uber stake grew by 418 bln yen * Vision Fund 2 to be announced soon - Son(Recasts, adds executive comment)By Sam NusseyTOKYO, May 9 (Reuters) - Japan's SoftBank Group Corp announced a stock split while keeping the per-sh...Read More
Published 23 Hours AgoUpdated6 Hours AgoReuters ReutersAn amphora filled with ancient gold Roman coins found in the Cressoni theatre complex is seen in Como Italy, September 5, 2018. Gold prices rose on Thursday, supported by a weaker dollar and as investors sought safe-haven assets after U.S. President Donald Trump warned a trade deal with China was in danger, sending global stocks lower....Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended mixed Wednesday as threats from both the U.S. and China raised concerns about the completion of a trade deal this week. Electronic Arts (EA - Get Report) advanced after the video game maker beat analysts' sales forecasts in its fiscal fourth quarter. Lyft (LYFT) fell after the ride-sharing company rep...Read More
The Wednesday Market Minute Global stocks extend declines on concerns over a collapse in U.S. China trade talks and its impact on an already-fragile world economy.China's April trade data shows a surprise increase in exports, but a wider-than-expected trade deficit with the United States of $21.01 billion, adding pressure to the contentious talks this week in Washington.Europe extends declines d...Read More
The Wednesday Market Minute Global stocks extend declines on concerns over a collapse in U.S. China trade talks and its impact on an already-fragile world economy.China's April trade data shows a surprise increase in exports, but a wider-than-expected trade deficit with the United States of $21.01 billion, adding pressure to the contentious talks this week in Washington.Europe opens modestly&nbs...Read More
Investing.com - Prices of the safe-haven gold rose on Wednesday in Asia as risk sentiment took another hit after the U.S. confirmed it would hike tariffs on $200 billion worth of Chinese goods.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,287.55 per ounce.The precious metal attracted some safe-haven bids today after U.S. Trade...Read More
Bob Moriarty ArchivesMay 9, 2019Inearly December of last year I wrote about what I considered a really great deal for investors to sign up for a year of the DSI Index at a nice discount. Jake Bernstein is offering a deal this year, not quite as good, but just as valuable. You could pay for it with a single good trade. Until June 15th you can get a year of the DSI Index for $1000 off the regular pr...Read More
By: IRA EPSTEINI don't see them giving them more time - this is a big event..Gold is going so far nowhere. There is so much uncertainties in this market:Read More
Washington, DC (May 8, 2019) - U.S. Representative Alex Mooney (R-WV) introduced legislation this week to provide for the first audit of United States gold reserves since the Eisenhower Administration.The Gold Reserve Transparency Act (H.R. 2559) - backed by the Sound Money Defense League and government accountability advocates - directs the Comptroller of the United States to conduct a "full...Read More
Three weeks after I projected a fall to 53.60, Lyft has touched that number and gone as low as 52.78. The stock will have another chance to pick up support slightly below, at 52.27, a midpoint Hidden Pivot, but a decisive breach would put a 41.54 target in play. That would represent a 53% drop from the opening day high of 88.60 and a 21.5% drop from the current price of 52.90.Uber is unlikely...Read More
Over the past two years, direction of a nation's currency has had a bigger impact on gold, silver and all metal prices. Gold and silver have been trading in a wider range. Winning bets are those who are able to correctly forecast the trend of their national currencies. Gold and silver are not rising (in US dollar quote) despite all the positive factors. Central banks are buying gold. There is tr...Read More
Max interviews Peter Schiff about the #DropGold campaign started by Barry Silbert as a way to market his cryptocurrency business. Max also asks Peter what he got wrong about the aftermath of the financial crisis when he predicted an economy and markets that would be nowhere near all-time high as they are today.Peter Schiff is an internationally recognized economist specializing in the foreign equi...Read More
The researches alleged that kids' recordings are stored in the cloud forever unless their parent actively delete them. Continue...Read More
"The most problematic aspect of Facebook's power is Mark's unilateral control over speech. There is no precedent for his ability to monitor, organize and even censor the Continue...Read More