As Wisconsin moves closer to legalization, it's a race to secure dominance in the new market.The state of Wisconsin has officially put marijuana decriminalization and medical cannabis in the latest budget proposal. At this rate, Wisconsin could be the next state to legalize medical marijuana and possibly decriminalize the substance altogether.This company is predicted to make $6 to $8 million on t...Read More
* FTSE 100 down 0.4 pct * FTSE 250 down 1.1 pct * Fresnillo outperforms main index * Inmarsat gains on buyout deal * Wood Group slips after Jefferies' rating action (Adds news items, analyst comment, updates to closing prices)By Shashwat Awasthi and Pushkala AripakaMarch 25 (Reuters) - Britain's FTSE 100 slipped as fears ofa recession in the United States triggered a sell-off in globalmarkets, whi...Read More
Fears of US recession, sluggish data and Brexit uncertainty please safe-haven buyers. $1320 acts as immediate resistance with $1308 likely being nearby support. Gold prices are on bid around $1316 during early Monday. The yellow metal recently benefited as global markets turned risk-off moves after sluggish data from the US flashed a sign of recession for the world’s largest economy. Addin...Read More
Learn how to protect savings and maximize returns by investing in precious metals.Gold Trust would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals 2019!Their goal is to help regular investors learn the "pro" secrets...Read More
Australia's OceanaGold (ASX, TSX: OGC) has withdrawn from two exploration projects in Argentina in which spent about $4.5 million (C$6m) over the past two years as explorations results have not met the miner's expectations.Mirasol Resources (TSX-V:MRZ), the owner of La Curva and Claudia prospects in Argentina's Santa Cruz province, said that while results to date weren't what OceanaGold expected,...Read More
Published 23 Hours AgoUpdated7 Hours AgoReuters Simon Dawson | Bloomberg | Getty ImagesGold will continue to shine amid a weak dollar, says author and gold pro Jim Rickards.Gold prices rose to a more than three-week high on Monday, helped by a weaker dollar and as worries over global economic growth pushed investors into safe-haven assets.Spot gold had risen 0.5 percent to $1,320.94 an ounce, a...Read More
Gold is flat at the start to the Asian session; the rebound of the dollar is keeping the yellow metal under pressure until geopolitical risk events trigger a rise in demand. Brexit is high on the agenda, as Prime Minister May came back to the UK with an extension on hand but might need more to get Eurosceptic MPs to her side. May’s tenure as Prime Minister could be short lived, but even pote...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Gold's net bullish positions increased for the first time in three weeks. Positions remain in bullish territory for the eighteenth straight week. Gold speculators increased their bullish net positions in the week ended March 19, the Commodity Futures Trading Commission (CFTC) data released on Friday showed. The non-commercial futures contracts of Gold futures, traded by large spec...Read More
By: Keith Weiner, Monetary MetalsLast week, I ranted about the problem with our monetary system and trajectory: falling interest rates is Keynes' evil genius plan to destroy civilization. This week, I continue the theme if in a more measured tone addressing the ideas predominant among the groups who are most likely to fight against Keynes' destructionism. They are: the capitalists, the gold bugs...Read More
StrengthsThe best performing metal this week was platinum, up 1.85 percent on Citi recommendation and hedge funds boosting the net long position in the past week. Gold traders and analysts are bullish again this week, according to the weekly Bloomberg survey, as the Federal Reserve adopted a more dovish tone and indicated it won't raise interest rates this year. Several countries went shopping f...Read More
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
COLORADO SPRINGS, CO, March 25, 2019 (GLOBE NEWSWIRE) - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced it has begun the initial stages of gold processing by applying and circulating leach solution to ore loaded on the heap leach pad at the Isabella Pearl Project, within its Nevada Mining Unit, located in Mineral County, Nevada. The Company not only remains...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
Richard Hayes is CEO of The Perth Mint. In this episode, he answers questions about Perth Mint products as well as global gold supply and demand trends.Read More
As congressional Democrats call on the Justice Department to release the full Mueller report, we speak to Pulitzer Prize-winning journalists who have closely followed the probes into Russia's meddling in the 2016 election: Glenn Greenwald, a founding editor of The Intercept and a leading critic of the media coverage of alleged Russian collusion, and David Cay Johnston, formerly of The New York Tim...Read More
As someone whose website was slandered by the earliest manifestations of the hysterical Russiagate mob, I could go on and on now that's the whole spectacle's been disproven, but Continue...Read More
It's been a boring few years for gold miners in general and junior gold miners in particular. The metal has been in a trading range, capital has been relatively scarce, and Continue...Read More
China has acted as part of the life support system for the global economy during the past two decades. The other part being comprised of central banks. When the Tech Bubble Continue...Read More