Researchers at Australia's Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth's rock layers.In a press release, the scientists said the mechanism promises to be crucial for the country's mining and petroleum sectors because it will enhance their understanding of the Earth's sedimentary rocks.Northern Star Res...Read More
Cigarette stocks have been among the best option plays latelyThe Cboe Volatility Index (VIX) is down nearly 50% from the beginning of the year. It's the biggest year-to-date drop at this point in the year in the history of the "fear index" (data back to 1990). In other words, volatility expectations are way down since the beginning of 2019. This is good news for options traders, because it means o...Read More
* FTSE 100 down 0.5 pct * FTSE 250 down 0.8 pct * Financials, housebuilders slip after Brexit delay request * Miners fall on oversupply concerns * Kingfisher down after results, CEO change plan * Inmarsat jumps on go-private talks * Kier skids after results, dividend cut (Adds news items, analyst comment, updates to closing prices)By Shashwat Awasthi and Yadarisa ShabongMarch 20 (Reuters) - Financ...Read More
Published 22 Hours AgoUpdated5 Hours AgoReuters Umit Bektas | ReutersPalladium hit an all-time high on Wednesday on concerns over tight supplies of the autocatalyst metal, while gold reversed course to rise after the U.S. Federal Reserve kept interest rates unchanged. Spot palladium rose 0.6 percent to $1,605.51 per ounce, having earlier touched a record high of $1,608.Palladium is extensively us...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended down Tuesday on reports that China is pushing back during trade negotiations. Cannabis company Tilray (TLRY) beat fourth-quarter revenue estimates but shares turned lower, falling 3.4%. Discount shoe and accessories retailer DSW (DSW) reported a surprise fourth-quarter loss. Shares fell 12.9%....Read More
Here are three things stock investors should watch for when the Federal Reserve announces its latest interest rate policy on Wednesday. Any deviance the Federal Reserve takes from its currently dovish path would pressure stocks. "Markets this year are anticipating a return to earnings growth, a Fed on hold and the resolution of the trade dispute with China, but if any of these things f...Read More
The Tuesday Market Minute Global stocks were little-changed in overnight trading as investors kept risk appetite in check ahead of the start of this month's Fed meeting in Washington.CME Group futures contracts suggest no change in rates from the Fed this week, but price in a 30% chance of a rate cut by January 2019.Britain's Brexit saga took another twist yesterday after a ruling from the Parli...Read More
The U.S. dollar traded at a two week low against its global peers Tuesday, while the gap between short and longer-date Treasury bonds continued to narrow, as investors extended bets on a dovish turn from the Federal Reserve at the start of its two-day rate setting meeting in Washington. Fed Chairman Jerome Powell is expected to argue for no changes to the central bank's key interest rate, follow...Read More
By: Avi GilburtA few weeks ago, I wrote an article entitled "Bonds Setting Up To Skyrocket," and boy did I get a lot of pushback in the comments section. And, when I see so many who are still very bearish of bonds, it tells me that I am likely on the right track with my expectations for higher in the coming months.First, I want to revisit how we have dealt with bonds over the last three years. O...Read More
By: IRA EPSTEINFOMC today - Fed dot plot will be a focus. Gold stocks need to be careful here, can turn bearish..Copper options at an all-time record:Read More
By: Stewart Thomson, Graceland Updates 1. The next US central bank announcement is tomorrow, and whatever happens is win-win for gold.2. If the Fed surprises most analysts and hikes rates, the stock market probably crashes, and gold stocks rally strongly. 3. If the Fed does nothing and makes another statement that QT could end this year, the stock market likely rallies a bit and...Read More
If you've been waiting for Mr. Market to spring the Mother of All Bull Traps, check out today's chart. What a beauty this picture will be if Monday's sharp reversal turns out to be the start of The Big One. Granted, odds of getting the timing of so important a peak exactly right will always be against technical swamis. But the chart has enough going for it that permabears could be forgiven for...Read More
Vancouver, B.C., March 20, 2019 - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 - "Zinc One" or the "Company") announces that it has filed on SEDAR the National Instrument ("NI") 43-101-compliant Technical Report for the Resource Estimate at the Bongar? Zinc Mine project in north-central Peru. The estimate was prepared for the Company by Watts Griffis and McOuat Limited...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
Jim Grant of Grant's Interest Rate Observer and author and economist Judy Shelton discuss the Fed's decision to not raise interest rates on CNBC's "Closing Bell."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...Read More
Craig and I discussed the then upcoming Fed Meeting. Craig believed they would do nothing, and they didn't disappoint. Rate hikes are off the table now, probably because the next recession is on its way. Was does that mean for you? Gold is likely getting ready to bust through the 1350-1380 major resistance point and you want to be on the right side of that trade. We've seen this before and we'll s...Read More
"I don't think you can overstate how important it is that for the first time in the history of the country, the full Congress voted to tell the president that Continue...Read More
"By cloning veteran dogs, we can greatly improve the success rate and the number of quality Kunming police dogs available, bolstering national security as a result," Continue...Read More
Axel Merk from Merk Investments expects the Fed to hike rates later this year.Merk says the Fed is still in an easing mode. This is not justified with such low unemployment. Raising rates is what's ahead, he says.Merk sees a risk of inflation in the future. We are in the late stages of an economic cycle. Higher inflation is common in the late stages.When looking at investments, Merk says the most...Read More