As the Trump administration escalates its demands that the Fed cut interest rates by 50 basis points, DOUBLE DOWN asks Michael Pento if the economy is really as great Continue...Read More
Bob Moriarty, founder of 321gold, is not one to be shy about what he thinks. In this month's conversation Bob lays out why he thinks global equity indices are on the Continue...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
"The United States condemns all attempts by Maduro and his supporters to steal resources from the Venezuelan people."Continue...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
April 5th, 2019(S14-E690)Featured GuestsEd Moya &Bob HoyePlease Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).Ed Moya, Chief Market Strategist at Oanda makes his show debut with comments on equities, PMs, Bitcoin and crude oil. Our guest notes the price of gold would be much higher if the trad...Read More
I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto..."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!! - Can you say WOW!!!!!!!!!!"...and while I myself would perhaps have expressed this in a somewhat more restrained manner, the point is certainly worth taking, esp...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much during the first two hours of trading once it began at 6:00 p.m. EDT on Thursday evening in New York. But then the price pressure began -- and that sell-off lasted until a few minutes after 12 o'clock noon in Shanghai on their Friday. Except for a rather violent down/up move at 8:30 a.m. in New York wh...Read More
By: IRA EPSTEIN Is Gold Building a Base or a Top?Read More
Trump wants interest rate cuts this year. His strategy is simple: Weaken the US dollar ? A weaker US dollar will help US exports and also reduce import ? Higher employment will be there if interest rate cuts are there and the US dollar also weakens. The ultimate goal of all these moves is to get a re-nomination next year and also win next year presidential elections. The fallout of a weaker US d...Read More
Stocks extended their short-term uptrend on Friday, as investors' sentiment remained bullish following the monthly jobs data release. The S&P 500 index got closer to its last year's September record high. But will the uptrend continue despite some technical overbought conditions?The U.S. stock market indexes gained 0.2-0.6% on Friday, extending their uptrend, as investors sentiment remained bu...Read More
The Dow tanked on Boeing headwindsThe Dow stood no chance against heavyweight Boeing (BA) stock in today's trading, closing 84 points lower after the aerospace giant announced a notable cut to its 737 MAX 8 production. The S&P 500 and Nasdaq showed resilience, though, thanks to Apple's (AAPL) impressive 1.6% surge, with the former bringing its daily win streak to eight -- the longest since October...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
The bank stock just ran into a formidable trendlinePNC Financial Services Group Inc (NYSE:PNC) will join bank peers JPMorgan Chase (JPM) and Wells Fargo (WFC) in the earnings confessional on Friday. Since bottoming out at two-year lows in late December, PNC stock has managed an 18% rebound. However, a bearish signal just flashed on the charts that, if history is any indicator, might make traders w...Read More
Toronto-based junior Warrior Gold continues to drill its Goodfish-Kirana gold project near Kirkland Lake. To date, the company has drilled 10 holes totaling 1,522 metres. About half the core has been logged and 482 samples sent to ALS Geochemistry to be assayed.The Goodfish-Kirana property is about 6.0 km north of the Cadillac-Larder Lake fault zone. The property hosts several gold showings, pit,...Read More
Vancouver-based Integra Resources has received positive results from metallurgical testing of samples from its DeLamar and Florida Mountain gold-silver deposits about 160 km from the capital, Boise.From six Florida Mountain oxide samples, recoveries of 83.3% gold and 39.7% silver were achieved in bottle roll tests. The same oxide sample composites had 72.4% gold and 23.4% silver recoveries after 2...Read More
Altiplano Metals of Edmonton, Alta., is considering a magnetic separation plant for its Farellon copper-gold project near La Serena. The company says that copper recoveries from low grade mineralized material went up following magnetite separation.Two 100-kg low grade samples were submitted for testing. Initially, sample 251178 graded 0.65% copper (0.03% soluble copper) and 36.70% iron. Sample 251...Read More
Not all stocks are falling todayThe U.S. stock market is lower today on stiff Boeing (BA) headwinds. Among other stocks making notable moves are electronics and entertainment magnate Sony Corp (NYSE:SNE), cybersecurity specialist Symantec Corporation (NASDAQ:SYMC), and movie theater name AMC Entertainment Holdings Inc (NYSE:AMC). Here's a quick look at what's moving the shares of SNE, SYMC, and AM...Read More
Analysts remain optimistic, despite the stock's recent strugglesThe shares of Boeing (BA) supplier Allegheny Technologies Incorporated (NYSE:ATI) are down 2.6% to trade at $26.75 today, and earlier ATI was one of the worst stocks on the New York Stock Exchange (NYSE), after Boeing's decision to cut production of its 737 aircraft. In response to the news, ATI's normally barren options activity ha...Read More