Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Apr 15, 2019 Guest(s): Randy Smallwood Silver simply has better fundamentals than gold, but will take a while before prices catch up to its yellow metal counterpart, this according to Randy Smallwood, CEO of Wheaton Precious Metals. "I think there are better fundamentals behind silver than gold just because of the increase of industrial demand, the high efficiency electronics that we all demand...Read More
The ACLU does not believe that the Second Amendment provides individuals with an unlimited constitutional right to possess any and all weapons; we therefore believe Continue...Read More
Historically, April has been a pretty consistent upside opportunity in Natural Gas for over 20 years. Over the past 24+ years, the upside opportunity in Natural Gas has been accurate over 68% of the time with the average upside potential ranging from $0.60 to $0.85. With Natural Gas sitting down near recent lows and seeing as though we are still fairly early in the month of April, our...Read More
Highlights The head of Armstrong Economics, Martin Armstrong rejoins the show in Part II of the discussion.The dialogue includes an overview of the Presidential Cycle and US stock market performance. Stock indexes could climb to record highs if history acts as a guide amid fresh foreign capital inflows.Global investors seek out the key shares with big media exposure, such as the Dow 30 component...Read More
By: Ira EpsteinWeekly gold chart shows $1295 area support. 100 DMA also support, $1,285. Resistance $1327.7Read More
Are these guys good, or what! On Wednesday, with Boeing shares getting clobbered, DaBoyz somehow managed to close the Dow six points higher on the day. That may not sound impressive, but considering that Boeing is by far the most heavily weighted stock in the Industrial Average, the feat was akin to getting a 747 Dreamlifter airborne with two engines out and a half-dozen Abrams battle tanks in...Read More
Brexit deal has been postponed till 31st October with a review in June. Brexit news will not affect pound for two months. Indonesia and India election trend will be closely watched over the next two months. Australian elections on 18th May will have a zero effect on global currency markets. USA-China have agreed to open enforcement offices on each side for the trade deal. I believe that the USA-...Read More
A new report by FocusEconomics on the prospects of commodities this year and next paints a mixed picture. The survey of investment banks, institutions and research houses compiled by the Barcelona-based company has good news for long-suffering investors in uranium and silver, while those who burned fingers in the rise and fall of cobalt could also look forward to some relief.GoldGold showed promis...Read More
Earnings from JPM and WFC are due out bright and early tomorrowU.S. markets closed a choppy session mixed ahead of first-quarter earnings season, which unofficially kicks off tomorrow with early morning results from big banks JPMorgan Chase (JPM) and Wells Fargo (WFC). After being cautiously higher most of the morning, the Dow succumbed to pressure from UnitedHealth (UNH), which dropped on a pre-e...Read More
Asia's mining sector continues to hold the greatest rewards globally, with positive business environments, rich mineral deposits, supportive infrastructure and political stability in countries holding the top positions in Fitch Solutions' Asia Mining Risk/Reward Index.The analyst's latest report, released Thursday, revealed that Australia continues to reign at the top, while Myanmar and the Philip...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
Sibanye Gold Ltd. raised $125 million by selling future gold production, the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.In exchange for the cash, South Africa's largest gold miner will deliver about 106,000 ounces of gold to Citigroup Inc., it said Thursday. That comes after the company this week sold about $120 million of new shares.Key Insig...Read More
Negative headlines are pressuring weed stocks lower todayWeed stocks are lower across the board today, after Scotiabank noted overly optimistic expectations for many cannabis companies, including Tilray (TLRY),Aurora Cannabis (ACB), and Canopy Growth Corp (NYSE:CGC). More specifically, Scotia thinks Canopy Growth's first-quarter earnings estimates are too high. On top of that, MarketWatch noted th...Read More
X, meanwhile, is sinking on its second downgrade of the weekThe U.S. stock market has swung lower this afternoon, after holding modest gains through midday. Among individual stocks making notable moves are steel producer United States Steel Corporation (NYSE:X), liver diseases specialist Intercept Pharmaceuticals Inc (NASDAQ:ICPT), and financial technology and fruit juice firm Future FinTech Group...Read More
Troilus Gold Corp. (TSE:TLG) has announced a bought deal public offering of common shares that will raise approximately $12 million. The shares are priced at $0.85 each.The shares will be purchased by a syndicate of underwriters co-led by Canaccord Genuity and GMP Securities. The underwriters have been granted an over-allotment of 2.1 million shares that would, if fully exercised, raise an additio...Read More
Gold futures on Thursday marked their largest daily drop and lowest settlement month to date, with the tumble pushing bullion below a psychologically and technically significant level at $1,300. Gold and silver both declined, "pressured by a rebound in the U.S. dollar index and by chart-based sellers entering the futures markets," said Jim Wyckoff, senior analyst at Kitco.com. June gold GCM9, +0.0...Read More
Gold futures on Thursday marked their largest daily drop and lowest settlement month to date, with the tumble pushing bullion below a psychologically and technically significant level at $1,300. Gold and silver both declined, "pressured by a rebound in the U.S. dollar index and by chart-based sellers entering the futures markets," said Jim Wyckoff, senior analyst at Kitco.com. June gold GCM9, +0.0...Read More
The stock just pulled back to its 40-day moving averageRetail concern Abercrombie & Fitch Co. (NYSE:ANF) has been relatively range-bound since its post-earnings bull gap in early March, trading between support in the $25 area and resistance around $27.50. However, ANF -- already up nearly 30% year-to-date -- could be ready to rocket higher, if history is any indicator. The stock is up 1% at $25....Read More
Stocks retraced some of their Tuesday's decline yesterday, as they continued to fluctuate following the recent rally. The S&P 500 index traded slightly below the 2,900 mark. Will the uptrend continue despite some technical overbought conditions?The U.S. stock market indexes were mixed between 0.0% and +0.7% on Wednesday, as investors hesitated following Tuesday's decline. The S&P 500 index...Read More