The DJI, on the other hand, is lower after DowDuPont earningsU.S. stock futures are trading mixed this morning, coming off of yesterday's Fed-driven rally. While the Dow Jones Industrial Average (DJI) is set for a lower open with DowDuPont (DWDP), the tech-heavy Nasdaq-100 Index (NDX) is eyeing a strong start, as traders applaud Facebook's (FB) strong financial results. General Electric (GE) share...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an undivided 100% interest from Goldcorp S.A. de C.V.El Oro is located in the state of Mexico in central Mexico.In a press release, Candente said that the agreement has to be...Read More
Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an undivided 100% interest from Goldcorp S.A. de C.V.El Oro is located in the state of Mexico in central Mexico.In a press release, Candente said that the agreement has to be...Read More
* Copper cancelled warrants help boost prices * Zinc touch 3-month high, nickel touches 4-month high (Updates with closing prices)By Pratima DesaiLONDON, Jan 31 (Reuters) - Copper prices hit seven-weekhighs on Thursday as the dollar slipped after the U.S. centralbank signalled further interest rate rises could be shelved, butgains were capped by shrinking activity in China's manufacturingsector.Be...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) jumped 12.6% in pre-market trading in New York on Thursday on the news that it will resume mining and heap leaching at its K????lada?? gold mine in Turkey.The Vancouver-based miner noted it would halt a previously announced $520 million-project to build a mill on site. The facility would have made K????lada?? a nine-year, 270,000-ounce-per-an...Read More
Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More
Ecuador-focused explorer SolGold (LON, TSX:SOLG) revealed Thursday plans to acquire Cornerstone Capital Resources (TSX-V:CGP), a Canadian firm which has a 15% interest in the miner's coveted Cascabel copper-gold project, located 180 km north of the capital Quito.The takeover would see Cornerstone's investors receive 0.55 SolGold shares for each their shares, which SolGold said was a 20% premium.I...Read More
Published9:02PM ET Wed, 30 Jan 2019Updated6 Hours AgoReuters Getty ImagesGold bullion bars and coins.Gold slipped on Friday, weighed down by robust U.S. jobs data, but remained on course for a second week of gains buoyed by the U.S. Federal Reserve's signal that it would pause its interest rate hikes.Spot gold dipped 0.23 percent to $1,317.56 per ounce at1:02 p.m. ET, having hit a nine-month pe...Read More
Gold is struggling to find acceptance above $1,321, which is the 78.6 percent Fibonacci retracement of the sell-off from $1,365 to $1,160 and could see a minor pullback as the short duration indicators are beginning to diverge in favor of the bears. 4-hour chart As seen above, the previous 4-hour candle clocked a high of $1,323 - a level last seen in May 2018 - but failed to close abov...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose sharply Wednesday, getting a boost from earnings from Apple Inc. (AAPL) and Boeing Co. (BA) .Apple guided to a relatively strong fiscal second quarter after beating reduced earnings and revenue estimates in its first quarter. The stock rose 6.83%.Boeing soared 6.25% after the aerospace giant...Read More
By: Stefan Gleason, Money MetalsDuring the lackluster and otherwise unremarkable trading of 2018, a hugely important development took place in the precious metals markets. Gold production, in the estimation of some top industry insiders, peaked.Peak gold represents the point at which the total number of ounces being pulled out of the ground by miners reaches a maximum.It doesn't necessarily mean...Read More
By: Gary ChristensonGold prices (weekly chart) formed an impressive inverse head and shoulders formation during a five-year base. Gold prices, which bottomed in December 2015, should climb the wall of worry.WHAT WALL OF WORRY?Really? You have to ask? Financial, stock market, debt and political worries come to mind:Global debt is about $250 trillion. The lenders expect to be repaid plus interest....Read More
By: Richard (Rick) Mills Gold markets were rocking on Tuesday, lifted by a basket of factors that included poor stock market performance earlier in the week, slow growth in China, weak earnings reports and expectations the US Federal Reserve would strike a dovish tone at its two-day meeting starting on Tuesday afternoon. The Fed raised interest rates four times in 2018 but some officials have...Read More
By: Gary TanashianAs the stock market cracked on October 10th we noted...Looks Who's Holding Firm Amid the Carnage; the Gold MinersAnd sure enough the GDX bottoming pattern noted in that post (and before that in an NFTRH subscriber update) played out perfectly amid the stock market carnage going on all around it.Was I trying to predict something? Of course not. I was just following general rul...Read More
By: David HaggithFederal Reserve Chair Jerome Powell placed his put in stocks while saying there is none. When he doubled down today on a more dovish approach to the economy, Powell claimed the Fed is not designing interest rates to keep the market climbing. If that is true, recession must be near:Fed delivers a "double-barrel dovish blast" The Fed sees recession dead ahead. You have only that...Read More
Well, there you have it: the most brazenly bogus rally in the history of the world. Are these guys good, or what? The fix was in even before Powell declared Wednesday afternoon that the Fed would be "patient." (Now there's a word that will reverberate through history!) AAPL's and Boeing's handlers had already gotten the jump on the Fed chairman's latest PR mutterance, deftly engineering respec...Read More
David Stockman, former congressman and budget director for President Reagan joins Sprott Media's Remy Blaire at the NASDAQ MarketSite. Stockman discusses the premise behind his book, Peak Trump: The Undrainable Swamp And The Fantasy Of MAGA.David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, S...Read More
Stephen Roach, former Morgan Stanley Asia chairman and Yale senior fellow, joins "Squawk Alley" to discuss potential progress on a trade deal between the U.S. and China.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the autho...Read More
If you need a hammer for any reason, the United Kingdom's counter-terrorism policing unit will consider you a potential terrorist. Continue...Read More