The United States is moving dangerously forward in what appears to be a deliberate attempt to provoke a war with Iran, apparentlyContinue...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
Maurice Jackson of Proven and Probable sits down with David Morgan the founder of the Morgan Report and Energy Stock Profits to discuss the merits of having an portfolio of companies in the Energy Sector that present blended opportunities in speculation, growth, and cash-flow. Mr. Morgan will share which Precious Metals and Base Metals that may present the best opportunity for your portfolio. Davi...Read More
Erik Townsend and Patrick Ceresna welcome Charlie McElligott to MacroVoices. Erik and Charlie discuss the impact of policy change on the yield curve, the drivers of volatility in rates, and futures driven equity unwind and more.Read More
Last week the president thundered for a 100-basis-point rate cut... and a resumption of quantitative easing.But why has President Trump raged anew for rate cuts?After all…Latest GDP officially hums at a tuneful 3.2% - and official unemployment scarcely has existence.Is it simply because the president is a "low interest rate guy"?Is he merely setting his cap for 2020? Or is his concern far mo...Read More
U.S.Representative Alex Mooney (R-WV) introduced legislation this week to providefor the first audit of United States gold reserves since the EisenhowerAdministration.The Gold Reserve Transparency Act (H.R. 2559) – backed bythe Sound Money Defense League and government accountability advocates –directs the Comptroller of the United States to conduct a “full assay,inventory, and a...Read More
LONDON, 9 May 2019 - Comment from BullionVault features today in a commodities market outlook from investment data and analysis providers FE Trustnet.Looking at a range of expert views on what 2019 will bring for natural resources' prices, "While equity prices are high - with a positive effect on commodities and other physical assets - it must be remembered that the market is late in the cycle," F...Read More
This week's 900-point selloff is technically very similar to the 1000-pointer that occurred between February 25 and March 11. Both exceeded two prior lows on the daily chart, generating bearish 'impulse legs' in the process. Now, even if the Dow should recover much or most of it in the days ahead, it would not change the troubling fact that two diving feints occurred within such a short time spa...Read More
Stock bump should be very bullish for gold. I write once again that short covering and subsequent long position building will be there if gold manages to trade over $1292. If gold rises till Monday close, then I am very confident of a $1310 and $1330. Rise and fall both will be big. Silver will lag gold but will rise if supported by gold. Two big crude oil consuming nations India and China hav...Read More
A wave of consolidation is coming in the gold mining industry, but don't count on buyers overspending on assets, B2Gold Corp. chief executive officer Clive Johnson said."You have an environment now where people are learning their lesson, which is don't get in bidding wars and pay crazy premiums to acquire companies," Johnson said in a telephone interview Wednesday. That means "companies that aren'...Read More
U.S. and Chinese officials will talk trade tomorrowAfter a shaky start, the Dow managed to rebound around midday, and was up more than 150 points at its session peak. However, the index erased most of those gains by the close, and the S&P and Nasdaq settled a volatile session lower, as Wall Street weighed the latest trade headlines. While President Donald Trump said Chinese Vice Premier Liu He is...Read More
Walmart plans to hike the buying age for tobacco sales to 21Stocks have made an unexpected turnaround this afternoon, following confirmation out of the White House that China is ready to make a trade deal. Also making moves this afternoon are Cincinnati-based Workhorse Group Inc (NASDAQ:WKHS), tobacco name Philip Morris International Inc. (NYSE:PM), and biopharma Protagonist Therapeutics Inc (N...Read More
Avesoro Resources (TSX: ASO; LON: ASO) has increased the mineral reserves at its Youga gold mine by 23% - extending the mine life of the Burkina Faso open-pit operation by an additional four years to 2031.The junior, which also produces gold at its New Liberty mine in Liberia, says proven and probable reserves at Youga now stand at 14.74 million tonnes grading 1.72 grams gold per tonne for 814,900...Read More
Hecla Mining has mounted an aggressive exploration program at its successful Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region. High grade extension in the upper East and West mines have been outlined and are potential new underground mining areas.The high grade 113 zone has also been drilled. It may link or intersect the western limit of the 118 zone, defining a significant re...Read More
Gold futures finished lower on Wednesday following three session gains in a row, as the U.S. stock market looked to shake off jitters around China-U.S. trade negotiations. Prices for the precious metal had been higher initially Wednesday and hold a slight gain week to date, as global stock markets have generally sold off so far this week, though U.S. benchmark stock indexes were moving higher Wedn...Read More
Gold futures finished lower on Wednesday following three session gains in a row, as the U.S. stock market looked to shake off jitters around China-U.S. trade negotiations. Prices for the precious metal had been higher initially Wednesday and hold a slight gain week to date, as global stock markets have generally sold off so far this week, though U.S. benchmark stock indexes were moving higher Wedn...Read More
PRTY is poised for its longest daily win streak since FebruaryParty City (NYSE:PRTY) is slated to report earnings before the market opens tomorrow, May 9. Ahead of the event, PRTY stock is trading up 4.1% at $7.32, heading toward its fifth straight win, and one speculator appears to be betting on -- or perhaps guarding against -- even more gains for the retailer.With about two hours left in today'...Read More
The shares could be ready to bounce after a post-earnings slumpiRobot Corporation (NASDAQ:IRBT) stock gapped down more than 23% on April 24, in reaction to a rare revenue miss for the Roomba maker. IRBT shares have been chopping near the $98 level since, but a pair of data points is suggesting the tech stock could be ready to run higher.For starters, iRobot stock is hovering near oversold territor...Read More
On his second day in office, Michael Goehring, newly appointed president and CEO of the Mining Association of British Columbia (MABC), was caught in a flurry of requests from multiple parties anxious for his attention.After a brief vacation in Las Vegas, Goehring started his role on May 1, directly following two decades in his previous position as partner at National Public Relations, Canada's lar...Read More
The Wall Street rookie has yet to close a session lowerVegan burger specialist Beyond Meat Inc (NASDAQ:BYND) began trading on the Nasdaq last Thursday, May 2, to much fanfare. Since then, the equity has yet to close a session in the red, and is now trading at more than three times its initial public offering (IPO) price of $25. What's more, BYND options began trading today -- here's how the option...Read More