Benchmark Metals (TSXV: BNCH) announced that on June 15, 2019, it will start a drilling program at the Lawyers gold-silver project located in British Columbia's Toodoggone Mineral District.In a media statement, the Edmonton-based firm said the drilling will focus on infill, step-out and deeper drilling to expand the current resources at the zones known as Cliff Creek and Dukes Ridge and establish...Read More
There is little surprise that stock investors are jittery as the U.S. extends the longest U.S. economic expansion on record and after a stratospheric 330% stock-market gain during the run, including an almost 17% year-to-date total return. Bulls insist this economic and market expansion is built like no other, meaning that its demise won't come about in a way that has taken down past bullish phase...Read More
There is little surprise that stock investors are jittery as the U.S. extends the longest U.S. economic expansion on record and after a stratospheric 330% stock-market gain during the run, including an almost 17% year-to-date total return. Bulls insist this economic and market expansion is built like no other, meaning that its demise won't come about in a way that has taken down past bullish phase...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, April 23 (Reuters) - Nickel prices hit a two-monthlow on Tuesday on signs of rising supply while the wider marketalso fell on a stronger dollar and uncertainty about the Chineseeconomy.Data showed the deficit in the global nickel market for thefirst two months of the year narrowed sharply to 5,700 tonnes,down from 24,...Read More
The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More
Early 2019 looked like a great set-up for gold, but failed to live up to its billing.Now comes the "sell in May and go away" part of the annual cycle, as Asia's wedding season ends and demand for gold jewelry dries up.But as gold has fallen this month, speculators have fled and the futures structure has turned more positive.The most recent COT report shows speculators cutting their n...Read More
Published 20 Hours AgoUpdated10 Hours AgoReuters Mariya Gordeyeva | ReutersGold prices fell to a near four-month low on Tuesday as the dollar gained and investors preferred riskier assets, dampening the safe-haven metal's appeal.Spot gold was down 0.6 percent at $1,266.98 per ounce, after falling to its lowest since Dec. 26 at $1,265.90.U.S. gold futures fell 0.7 percent to $1,268.70 an ounce."Go...Read More
Bitcoin has enjoyed a YTD of over 40%. Gold has performed poorly and has yielded losses of 0.4%. Thanks to April’s rally, Bitcoin(BTC) has become one of the best-performing assets out there, based on year-to-date (YTD) yield. BTC has outperformed legacy assets like gold, oil, real estate, Nasdaq, etc. Bitcoin Bitcoin’s April rally took it up from $4,130 to $5,300. Since BTC be...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks on Wall Street ended mixed Monday as oil prices rose following a move by the Trump administration to clamp down on Iranian oil exports. Kimberly-Clark KMB climbed after posting stronger-than-expected first-quarter earnings. Boeing (BA - Get Report) shares dipped following a report that foc...Read More
The Monday Market Minute Global stocks drift lower as major markets remain closed for Easter observances.Oil prices test six month highs amid reports that U.S. waivers on the purchase of Iranian crude will be lifted next week.China stocks slide despite government reiteration of policy support.Q1 earnings season hits high gear with 155 companies, representing $9 trillion in market value, reportin...Read More
Bob Moriarty ArchivesApr 23, 2019I wrote a book in January I called Basic Investing in Resource Stocks. So far it has the highest reviews I have ever seen on a book and I pretty much read a book a day. You can buy the Kindle version for $5.99. I priced it low so everyone can afford to buy it.Someday I’m going to write the sequel to it. I’ll probably call it Advanced Investing in Resour...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 23, 2019 The weak physical demand season continues to cause gold to drift with a clear but modest downside bias. Despite the swoon, most top bank analysts are extremely positive in their outlook for gold in the second half of the year. Please click here now. Standard Chartered anal...Read More
By: Dave Kranzler"Central banks stand ready to lease gold in increasing quantities should the price rise." - Alan Greenspan, July 1998 testimony to CongressAt 8:39 a.m. EST 523,200 ozs of paper gold were unloaded onto the Comex in the space of less one minute:Anyone who's traded big positions on a trading desk knows that the best way to unload a position that is larger than the immediate liqui...Read More
By: Keith WeinerWe have a postscript to last week's article. We said that rising prices today are not due to the dollar going down. It's not that the dollar buys less. It's that producers are forced to include more and more ingredients, which are not only useless to the consumer. But even invisible to the consumer. For example, dairy producers must provide ADA-compliant bathrooms to their emplo...Read More
TORONTO--(BUSINESS WIRE)--Men?" Inc. (TSX-V:MENE) (US:MENEF) ("Men?"" or the "Company"), an online 24 karat investment jewelry brand, today announced financial results for the fourth quarter and fiscal year ended December 31, 2018. All amounts are expressed in Canadian dollars unless otherwise noted.FINANCIAL HIGHLIGHTS:Record IFRS Annual Revenue of $7.9 million in 2018, a $7.9 million (12,305%)...Read More
By: Ira EpsteinJune gold contract swing line 1$273 / $1299.1Read More
By: Jordan Roy-Byrne CMT, MFTAThe downside potential in precious metals discussed last week is playing out as Gold and gold stocks have broken down technically. The global economy appears to be firming and that is evidenced by a sustained rebound in global equity markets. As a result, the potential for a rate cut which pushed precious metals higher is now unwinding. That has caused the breakdo...Read More
With Elizabeth Warren aggressively on-the-stump, the truly rich had better hold onto their wallets. Now she's pitching student-debt cancellation that would be paid-for with a 2% levy on wealth above $50 million and an additional 1% tax on wealth above $1 billion. Is this the greatest idea since sliced bread, or what? Socialists, even brainy ones like Warren, can't help sounding like morons whene...Read More
I have been writing for quite some time that higher crude oil prices will be a big threat to global economic growth. Iran, Venezuela and Libya crude oil is not there. May to September is the key consumption months for the year. Global economic growth will be derailed if crude oil prices continue to rise. Inflation in Asia will also rise if crude oil prices zoom. Higher crude oil prices is genera...Read More
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). Gregory currently hosts a b...Read More