By: RambusThere is a ratio chart, $Gold:$XAU, we haven't looked at in quite awhile that has helped us in the past to locate some important turning points for the PM stocks. I'm not going to get into all the details tonight but this ratio chart shows you just how undervalued the $XAU or precious metals stocks in general are to gold itself. From the mid 1980's to the 2008 GFC crash the horizontal...Read More
It's tempting to think last week's high at 2866.00 (click on inset) will mark the final gasp of an exceptionally powerful bear rally. If so, it will have occurred in a place where we might have expected Mr. Market to spring a nasty trap on bulls and bears alike. The latter would have thrown in the towel and covered short positions when the S&Ps broke out over the last two weeks above three des...Read More
Mar. 22nd, 2019(S14-E688)Featured GuestsDr. Charles Nenner MD& Bill MurphyScheduled: Sun. 3/24Please Listen HereHailing from sunny Miami Florida, home of the exotic Miami beach, Charles Nenner rejoins the show. Our guest outlines proprietary market model entries / exits including gold that could eventually ascend to $2,500 Adding support for the bullish case for PMs / commodities, the Euro coul...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
The Dow eked out a win, thoughIt was a volatile start to the final trading week of the first quarter, with stocks reacting to news out of D.C., namely President Donald Trump's tweets of "Total EXONERATION" following Attorney General William Barr's summary of Special Counsel Robert Mueller's report. The latest round of U.S.-China trade talks were also in focus, while last week's yield curve inversi...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
Amarillo Gold (TSXV: AGC) has reinterpreted its resource model for the Posse gold deposit at its Mara Rosa gold project in Goias State, Brazil, and with it updated the project's resource estimate. The company says its new model fundamentally alters its understanding of mineralization at Posse.The updated resource model spans three contiguous zones and includes a higher grade core that Amarillo cou...Read More
KBH has earnings this week, on top of a number of economic reports on the housing marketKB Home (NYSE:KBH) is preparing to report earnings after the close tomorrow, March 26, and the options market is foreseeing greater-than-normal volatility following the event. By the numbers, the stock has averaged a 4.1% swing after earnings during the past eight quarters, but this time around speculators are...Read More
British Columbia Investment Management Corporation (BCI) says it will vote against the proposed merger of Goldcorp (TSX: G; NYSE: GG) and Newmont Mining (NYSE: NEM) due to Goldcorp's decision to award its chairman, Ian Telfer, a $12 million retirement allowance.BCI, which provides investment management services to B.C.'s public sector and has about $145.6 billion under management, says the retirem...Read More
The first hole of Wallbridge Mining's 2019 surface drill program has intersected six instances of visible gold and other mineralized veins over about 275 metres of core at Area 51.The discovery of Area 51 - a new zone 300 metres southwest of the Fenelon deposit - was announced in January 2019. Hole FA-19-052 confirmed the find with an intersection of 2.71 metres grading 12.70 g/t gold. The zone ha...Read More
Vancouver-based Atlantic Gold Corp. has updated reserves and mine life for its Moose River Consolidated gold project. Contained gold is up 27% and the life of the MRC project has been extended to more than 10 years.Successful drill campaigns at the Touquoy, Fifteen Mile Stream and Cochrane Hill deposits provided the extra ounces. The reserves include 23.0 million proven tonnes grading 1.16 g/t gol...Read More
A look at the 25 best stocks to own in AprilThe S&P 500 Index (SPX) is on pace to end March with a modest 0.4% gain, which would mark theindex's third straight month in the black. Looking ahead, April tends to bode well for Wall Street, with the SPDR S&P 500 ETF Trust (SPY) -- an exchange-traded fund (ETF) that mimics the S&P 500 -- ending the month higher nine of the past 10 years. Below, we take...Read More
Plus, Google is toying with change that could impact Trade Desk and CriteoThe Dow is clinging to slight gains at midday, propped up byRobert Mueller's report. Of the stocks making particular noise today, digital advertising experts Trade Desk Inc (NASDAQ:TTD) and Criteo SA (ADR) (NASDAQ:CRTO) are lower, while athletic apparel stock Nike Inc (NYSE:NKE) is in the news. Here's a quick look at what's...Read More
Analysts have been extremely optimistic toward Citigroup stockBanking giant Citigroup Inc (NYSE:C) is extending last week's weakness -- down 0.6% at $60.63, and pacing for a fifth straight loss -- after a dovish Fedand an inverted yield curve created headwinds for the financial sector. However, the stock remains 16% higher year-to-date, and its recent pullback has it trading near a historically b...Read More
The shares of TSLA are in the red after RBC issued a price-target cutIt's been a troubling couple of days forTesla Inc (NASDAQ:TSLA), after the New York Times on Friday reported that the electric automaker's sales have dropped considerably since the start of the year, according to new-car registration data from the Dominion Cross-Sell Report. Elsewhere, RBC today slashed its price target on TSLA...Read More
Haven gold pushed higher again Monday to tally its best finish in about a month, as financial markets kept attention fixed on global growth fears and as a recessionary alarm persisted in the bond market. Bonds rose on Monday after Friday's action marked the first U.S. Treasury yield curve inversion since 2007, feeding concerns around this oft-referenced recession signal. As such, U.S. stocks moved...Read More
Haven gold pushed higher again Monday to tally its best finish in about a month, as financial markets kept attention fixed on global growth fears and as a recessionary alarm persisted in the bond market. Bonds rose on Monday after Friday's action marked the first U.S. Treasury yield curve inversion since 2007, feeding concerns around this oft-referenced recession signal. As such, U.S. stocks moved...Read More
XAG/USD traded higher on Friday after it hit support near the 15.37 level. The metal continued drifting north during the European morning Monday, hitting resistance at the 15.52 barrier, which is slightly below Friday’s peak and is also marked by the high of March 13th. Overall, silver has been in a recovery mode since March 7th, with the price structure staying supported by a short-term ups...Read More
Stocks are attempting to recover some of Friday's steep lossesU.S. stocks are cautiously higher at midday. Trade-sensitive Caterpillar (CAT) is the top stock on theDow Jones Industrial Average (DJI), as Wall Street awaits news from the latest round of U.S.-China trade talks. Speculators are also optimistic after Robert Mueller found no evidence that President Donald Trump colluded with Russia. On...Read More