Gold _ Silver Spot Gold holding below 1308/09 tests good support at 1303/01. However below 1299 risks a slide to minor support at 1294/92. Important support at 1284/82. Longs need stops below 1279.Holding above 1310 tests resistance at 1312/13. Although this is the main challenge for bulls today it is not very strong & we are certainly not overbought so shorts are risky. A break above 1314 is...Read More
South African gold production shrank for a 17th straight month in February, the longest string of contractions since the financial crisis.Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January, Pretoria-based Statistics South Africa said in a statement on its website Thursday. Production contracted for 29 months through January 2009.Key InsightsSouth Afr...Read More
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board targets.The Canadian gold producer churned out 45,098 ounces of the precious metal in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.Avesoro churne...Read More
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board targets.The Canadian gold producer churned out 45,098 ounces of the precious metal in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.Avesoro churne...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended slightly higher after the release of the Fed's March meeting minutes. Delta Air Lines (DAL - Get Report) beat Wall Street's first-quarter earnings expectations. The stock rose 1.6%. Apple (AAPL - Get Report) ended up after the tech giant received another downgrade from analysts at HSBC.Wall S...Read More
PDAC 2019 - The World's Premier Mineral Exploration & Mining Convention - attracted 25,843 attendees from around the world this year. It was an opportune time to meet with key personnel from a number resource companies. Here are the Corporate Presentations from resource companies that we met with: Appia Energy Corp. (CSE: API; OTCQB: APAAF)Appia is a clean energy company. Exploring and devel...Read More
Investing.com - Gold prices slipped on Wednesday in Asia even as stocks declined after the International Monetary Fund (IMF) downgraded its economic outlook and puts growth forecast at the lowest levels since 2009.Gold futures traded on the Comex division of the New York Mercantile Exchange were down 0.1% to $1,306.65 an ounce by 11:10 PM ET (03:10 GMT).Asian equities and other risk assets fell on...Read More
Carlo Alberto De Casa15 hours ago (Apr 10, 2019 9:27 AM GMT)But the bullion run-up has also been held back by the risk-on sentiment dominating markets and a greater investor appetite for risk, which has led to greater inflows of capital into the stock market and towards assets perceived as riskier, such as crude oil, which scored a substantial rally in the first quarter of 2019.So let’s exa...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: Gary TanashianFrom a post on gold and silver on Tuesday...Very simply, if it's an H&S it's a minor one with a target to the SMA 200 or short-term lateral support. Gold has curled back up to test the underside of its SMA 50. A takeout of 1310 and then the March high could put yeller back in business. Otherwise, don't personalize it. A test of the SMA 200 would be normal.The H&S was not my...Read More
Vancouver, BC / CNW Group - Cision / April 11, 2019 / Golden Arrow Resources Corporation (TSX-V: GRG, FSE: GAC, OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to announce that the Company's joint venture partner in Puna Operations Inc., ("Puna") has reported the first quarter 2019 operational results for the joint venture's Chinchillas silver-lead-zinc mine in Argentina."In the fi...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
Jason Liosatos' talk with Paul Craig Roberts about the brutal arrest of Wikileaks founder Julian Assange at the Equadorian Embassy today, we also discuss the Washington coup in Venezuela, and the Brexit facade,?>>?Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co...Read More
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His j...Read More
Find out why Mike Maloney believes that Ray Dalio has his wires crossed in this week's video. In a nutshell, you can't blame something that you don't have. Link to Ray Dalio's article: https://www.economicprinciples.org/Wh... Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one...Read More
The danger of all of this nonsense is simply the plain fact it will bring us one more step closer to world war.Continue...Read More
"We take the security and privacy of our customers' personal information seriously. We only annotate an extremely small sample of Alexa voice recordings in order improveContinue...Read More
Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More