"If FamilyTreeDNA can help prevent violent crimes, save lives, or bring closure to families, then we feel the company has a moral responsibility to do so."Continue...Read More
It’s possible last week’scascading selling rout in palladium ended its multi-year bull market. Theformerly white-hot metal lost more than $200/oz (but is beginning to rebound).For now, however,palladium prices remain in a long-term uptrend above the bullishly aligned 20-weekand 50-week moving averages – and physical supply remains tight. Regardless of whether the palladium market...Read More
In February, the World Gold Council released the newest edition of Gold Investor. What can we learn from the report? Let’s discuss gold’s role in the onslaught of the cashless society, its role as a portfolio diversifier, reverse asset and source of liquidity.Rogoff Wants Cashless Society, but Appreciates GoldAs a lot has happened recently, we didn’t have time to analyze the late...Read More
Stop me if you’ve heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let’s look at the t...Read More
It’s possible last week’scascading selling rout in palladium ended its multi-year bull market. Theformerly white-hot metal lost more than $200/oz (but is beginning to rebound).For now, however,palladium prices remain in a long-term uptrend above the bullishly aligned 20-weekand 50-week moving averages – and physical supply remains tight. Regardless of whether the palladium market...Read More
In February, the World Gold Council released the newest edition of Gold Investor. What can we learn from the report? Let’s discuss gold’s role in the onslaught of the cashless society, its role as a portfolio diversifier, reverse asset and source of liquidity.Rogoff Wants Cashless Society, but Appreciates GoldAs a lot has happened recently, we didn’t have time to analyze the late...Read More
Stop me if you’ve heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let’s look at the t...Read More
Gold Fields' shares recovered from the South Deep-related sell-off in August 2018.Now they look ready to continue the upside movement with several potential catalysts.Right now, the market prioritizes cash flow over investment for gold miners, and Gold Fields is entering the right phase of the business cycle.Shares of Gold Fields (GFI) have now completely recovered from the major sell-off in A...Read More
Jordan Roy-Byrne CMT, MFTAStop me if you've heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let...Read More
By: Ira EpsteinGold bias is down, bouncing around here:Read More
The timing of Lyft's IPO last week could not have been better for Wall Street insiders, since they will have an opportunity to unload their shares into a veritable orgy of greed and ignorance. The stock market looks unstoppable at the moment, and it is making Lyft's $24 billion valuation seem somehow less absurd. Just four months ago, when shares were in the throes of what many of us mistook fo...Read More
US-China trade deal will only a temporary stop gap fix for global economy. Eurozone wants greater access to China. China will try to balance US and Eurozone as it will never want its large population to be used as a dumping ground. The trade between USA-China and Eurozone-China are not addressing long term key thorny trade issues. American politicians and Eurozone politicians want to use China f...Read More
The Dow slumped to a lossU.S. stocks finished the day mixed following Monday's strong performance. An earnings disappointment from Walgreens Boots Alliance (WBA) put pressure on the Dow, while the S&P and Nasdaq managed to end with modest gains, as investors continued to digest the earlier bulk of economic and manufacturing data that hit the Street. Nevertheless, the blue-chip index remained above...Read More
Analyst love for large-cap stocks over small-caps has grown in recent yearsA couple months ago, I wrote about analyst buy, sell, and hold recommendations on S&P 500 Index (SPX) stocks. After getting it wrong for a couple years as stocks rose, they finally started suggesting more buys over the past year. This week I'm looking at the same data but I'm comparing the data on large-cap S&P 500 Index st...Read More
The Amazon-owned grocer is lowering its pricesWhile the broader U.S. stock market struggles for direction, a number of individual stocks are making notable moves, including biopharmaceutical firm ADMA Biologics Inc (NASDAQ:ADMA), travel name Delta Air Lines, Inc. (NYSE:DAL), and supermarket chain Sprouts Farmers Market Inc (NASDAQ:SFM). Here's a quick look at what's moving the shares of ADMA, DAL,...Read More
Gold futures finished slightly higher Tuesday a day after coming under pressure following a round of upbeat data on manufacturing activity out of China and the U.S. that sparked a rally in stocks and other assets perceived as risky and robbed haven assets of their appeal. Gold for June delivery GCM9, +0.05% on Comex picked up $1.20, or less than 0.1%, to settle at $1,295.40 an ounce, while May si...Read More
Toronto-based Kirkland Lake Gold has filed an updated 43-101 resource report for its Macassa gold mine in the town of Kirkland Lake. The report includes resources at Dec. 31 ,2018.Two important zones - Main/04 break and South mine complex - are detailed. The Main/'04 break has 775,000 measured and indicated tonnes averaging 17.9 g/t gold and containing 447,000 oz. The South mine complex has 1.0 mi...Read More
Hecla Mining Co., headquartered in Coeur d'Alene, Idaho, has filed an updated resource estimate for the Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region.Using a gold price of $1,200 per ounce, Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold. The largest increases occurred in the proposed west mine crown pillar and principal pits.Proven and probable re...Read More
Sable Resources (TSXV: SAE) has extended the mineralized corridor at its Margarita silver project in Chihuahua State, Mexico, 350 metres to the northwest with results from its ongoing 19 hole Stage 2 drill program.The company is targeting the project's Margarita Vein, where it recently drilled the project's best intercept to date. Hole 24 cut 116.93 grams silver, 0.7% zinc, 0.21% lead and 0.17 gra...Read More
Deutsche Bank sees huge potential for the shopping experience on InstagramDeutsche Bank analysts this morning released a note on Facebook Inc (NASDAQ:FB) that's getting a lot of attention on Wall Street, lifting the shares of the social media giant and sparking heavy options trading. The brokerage firm wrote that FB could see a $10 billion increase in sales for the fiscal year 2021 thanks to its n...Read More