The company's main focus currently is a joint venture project in Mexico's Fresnillo Trend, where both development and exploration are ongoing. MAG's Juanicipio JV ProjectMAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT) provided its full-year 2018 financial result and an operations update in a news release.As for its Juanicipio project, a joint venture with Fresnillo Plc (FRES:LSE), on site, underground a...Read More
The Canadian owner of this gold mine remains focused on commencing production there. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release the first drill results from its resource expansion program at Copperstone in Arizona. "These results confirm our understanding of the Copperstone gold deposit and support our confidence in expanding the resources and further extending mi...Read More
The changes are based on the company's first six quarters of commercial production there. Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced in a news release updates to its mineral reserves and resources and its life-of-mine plan for the Brucejack project in British Columbia. These 2019 updates are based on the one and a half years of operations at Brucejack since the start of commercial produ...Read More
Money manager Adrian Day discusses a company that he believes offers a great buying opportunity. Fortuna Silver Mines Inc. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE, US$3.42-3.43) is a quality silver mining company, currently developing a gold mine in Argentina, which will almost double its production. A couple of recent stumbles though modest by miner's standards and market concerns have given us a...Read More
The gold miners’ stocksare still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded sincelate February, it is nicely set up for a strong rally. After consolidating high and establishing asturdy base, the gold miners are likely to soon report greatly-improvedfirst-quarter results. Couple that with golditself powering higher, and th...Read More
Everyone hopes for a peaceful, easy retirement. Philosopher Henry David Thoreau's advice on achieving the uncomplicated life we normally associate with retirement was "Simplify, simplify, simplify." Thoreau complained that our life "is frittered away by detail." His advice: "Let your affairs be as two or three, and not a hundred or a thousand."Thoreau was a man of modest means. He lived a simple d...Read More
"There are probably older and wiser people whispering in Trump's ear who are saying the next equities bear market might be the end of the financial world for us. . . . They are so worried, they are will to experiment with monetary policy again in order to prevent the crash that could make them this generation's Herbert Hoover." John Rubino is the founder and manager of the popular financial websit...Read More
"We've launched our safer colleague, safer community campaign to support colleague safety and help identify the causes of community crime. This has seen us remove kitchen knivesContinue...Read More
The gold miners’ stocksare still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded sincelate February, it is nicely set up for a strong rally. After consolidating high and establishing asturdy base, the gold miners are likely to soon report greatly-improvedfirst-quarter results. Couple that with golditself powering higher, and th...Read More
The gold miners’ stocksare still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded sincelate February, it is nicely set up for a strong rally. After consolidating high and establishing asturdy base, the gold miners are likely to soon report greatly-improvedfirst-quarter results. Couple that with golditself powering higher, and th...Read More
The gold miners’ stocksare still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded sincelate February, it is nicely set up for a strong rally. After consolidating high and establishing asturdy base, the gold miners are likely to soon report greatly-improvedfirst-quarter results. Couple that with golditself powering higher, and th...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 193,78499,22856,826139,514257,744390,124413,798 Change from Prior Reporting Period -21,1134,269-12,381-21,687-54,891-55,181-63,003 Traders 18869775452274169 Small Speculators LongShortOpen Interest 50,04626,372440,170 -14,224-6,402-69,405 non reportable p...Read More
The gold miners' stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally. After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results. Couple that with gold itself powering higher, and the slumberin...Read More
By: Ira EpsteinGold market weekly chart at the 18-week moving average:Read More
Gold and silver will zoom only if there is any indication that the US-China trade deal is not on expected lines. A bad trade deal between USA-China can result in gold and silver restarting their bull run. Full details of the trade deal needs once known will set a new trend for gold and US dollar. Central banks continue to increase their gold reserves with passing of each day. Short term trad...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
Trump said the U.S. and China are "rounding the turn" on a trade dealU.S. stocks logged modest gains in today's trading, driven by encouraging jobs data and news that noticeable progress is being made between the U.S. and China regarding a trade deal -- with President Donald Trump saying earlier the two countries are "rounding the turn." The Dow took a third straight gain, while the S&P 500 marked...Read More
Gold futures ended Friday with a modest gain, but booked a weekly loss as investors mostly favored assets perceived as risky, like stocks, over safe plays. Gold for June delivery GCM9, +0.12% on Comex lost $1.30, or 0.1%, at $1,295.60 an ounce, after settling lower in the past two sessions. The metal booked a weekly slide of 0.2% based on the most active contract, according to FactSet data. Meanw...Read More
Analysts have set lofty price targets for CRBPThe shares of Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP) are up 11.7% to trade at $7.91, one of the best stocks on the Nasdaq today, after Jefferies initiated coverage with a "buy" rating and $18 price target. In the note, the analyst glowed about the company's lead drug lenabasum, a synthetic cannabinoid for chronic inflammation. In the wake...Read More
Most analysts are still skeptical of SNAPThe S&P 500 Index (SPX) is making its way to its longest daily win streak since October 2017 on the back of a strong jobs report. Among individual stocks making notable moves are 737 Max 8 maker Boeing Co (NYSE:BA), Snapchat parent Snap Inc (NYSE:SNAP), and gambling name Scientific Games Corp (NASDAQ:SGMS). Here's a quick look at what's moving the shares of...Read More