A listener question triggers an interesting debate about the Commitment of Traders (COT) Report. How can the so-called Speculators keep on losing every month? How do the Commercial Traders always get it right? And who in their right mind is coming back month after month only to lose bigly? John believes that there's a constant supply of new Speculators. But are they really so rich and so dumb to k...Read More
The argument for why this Canadian explorer warrants a look is made in a BMO Capital report. In an April 23 research note, analyst Andrew Mikitchook reported that BMO Capital Markets initiated coverage on Probe Metals Inc. (PRB:TSX.V) with an Outperform rating "to reflect expected upside" and a CA$2 per share target price. The company's stock is currently trading at around CA$0.94 per share. Miki...Read More
This arrangement will allow the company to focus on advancing its Stillwater West project. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTC) announced in a news release it signed a letter of intent to afford Mount Cairnes Resources Corp. a 51% earn-in of Group Ten's Ultra platinum group metals-nickel-copper large claim block in the Yukon. In exchange, over the next four years, Mount Cairnes would pay...Read More
By now you’ve heard that the U.S. economy expanded at an annualized rate of 3.2% in the first quarter of 2019. That was reported by the Commerce Department last Friday morning.That strong growth coming on top of 4.2% in Q2 2018 and 3.4% in Q3 2018 means that in the past twelve months, the U.S. economy has expanded at about a 3.25% annualized rate. That’s a full point higher than the av...Read More
"Deep down, he’s shallow," said critic Peter DeVries of one author, famously revered.Today we submit the case that Friday's GDP report - grand, gaudy and garish - is deeply shallow beneath the scintillated surface.That is, the deeper numbers tell a tale 180 degrees out of joint with appearance.And private-sector growth may actually peg along at the crawlingest rate in six years.Let us now pe...Read More
By now you've heard that the U.S. economy expanded at an annualized rate of 3.2% in the first quarter of 2019. That was reported by the Commerce Department last Friday morning.Continue...Read More
"This the 'king of Kennedy half dollars.'" "It seems we were very successful in attracting Continue...Read More
U.S. Gold Corp. appoints former U.S. Interior Secretary Ryan Zinke to the board of directors.With Zinke's help, significant progress at the Copper King project seems possible.At Keystone U.S. Gold Corp wants to prove a world class deposit.Technically the stock has been breaking out of a falling bullish wedge.After being in a downtrend for the last 13 months, the share-price of U.S. Gold Corp....Read More
How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More
Following the gender session held this at this year's PDAC, where gender balance in the industry and the #MeTooMining initiative were discussed, the Responsible Mining Foundation issued a summary report related to the topic.The summary is based on a chapter of RMF's 2018 Responsible Mining Index and it presents an assessment on the performance of 30 of the most important mining companies in the wo...Read More
The Argentinian Chamber of Mining Entrepreneurs issued a report this week stating that it expects mining industry investments to reach $29 billion and employ about 80,000 people in 2019.According to the group, the mining sector is experiencing continued growth and has become the sixth most important sector when it comes to exports."At the Chamber we work day in and day out to create synergies with...Read More
Bart Chilton, arguably the most famous CFTC commissioner who on various occasions vowed to crack down (unsuccessfully) on precious metals and VIX manipulation, who called for Continue...Read More
After an interesting week and to allow more focus on charting the miners this weekend, we again offload much of the NFTRH Precious Metals segment’s content to the public site. The following is (hopefully) going to be long on charts and relatively short on words (sighs of relief palpable…).HUI/Gold Ratio is intact to its higher lows from September. This was a logical bounce point for g...Read More
Jason talks about how hedge funds are now record short the Cboe Volatility Index or (VIX) betting on Fed rate cuts, QE4 and the Powell put.After rising for many months, the VIX got to 36.07 on December 24, 2018 (Christmas Eve) before crashing since then to as low as 12.73 on the day of today's show. Hedge Funds Are Shorting the VIX at a Rate Never Seen Before https://www.bloomberg.com/news/articl....Read More
"We are cultivating a culture where all people are respected, welcomed and celebrated as their authentic selves. Conducted an audit of our culture and are implementingContinue...Read More
"We have received inquiries about a visit to the White House. With several players either pursuing pro opportunities or moving on from UVA, it would be difficult, if not impossible to Continue...Read More
While the Chinese and populations are well known for their insatiable appetite for importing, buying Continue...Read More
After an interesting week and to allow more focus on charting the miners this weekend, we again offload much of the NFTRH Precious Metals segment’s content to the public site. The following is (hopefully) going to be long on charts and relatively short on words (sighs of relief palpable…).HUI/Gold Ratio is intact to its higher lows from September. This was a logical bounce point for g...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended up Friday as strong data on U.S. economic growth pushed the Nasdaq and S&P 500 to record closings. Ford (F - Get Report) posted better-than-expected first-quarter earnings following a surge in U.S. demand for pick-up trucks. The stock jumped 10.5%. Amazon (AMZN - Get Report) was up 2.5% after the o...Read More
Adam HamiltonArchivesApr 26, 2019 Gold has failed to gain traction over the past couple months, normally a seasonally-strong time. That has really weighed on sentiment, leaving traders increasingly bearish. Gold investment demand has flagged dramatically with lofty stock markets spewing great euphoria. That's given gold-futures speculators the run of the market, where they have sold aggressively i...Read More