TNX just bottomed out near the site of two historically significant moving averagesStocks fell right alongside bond yields in the middle of last week, as fresh concerns over the global economy dominated headlines. The continued cascade in the 10-year Treasury note yield followed the previous week's drop in this metric below its 3-month counterpart, which many in the financial media seized upon as...Read More
IBM and Sandvik Mining and Rock Technology announced this week that they are joining forces and launching OptiMine Analytics, a solution that transforms data into process improvements via predictive insights and actionable dashboards embedded into operation management systems.In a press release, the companies said that the technology is particularly useful when it comes to dealing with failing equ...Read More
The Royal Canadian Mint announced this week the launching of three new bullion coins targeted at precious metals investors.In a press release, the institution said that the pieces include double-incuse Gold and Silver Maple Leaf bullion coins and its newest 99.999% pure gold "Call of the Wild" bullion coin, which features a moose."Call of the Wild" bullion coin. Photo by the Royal Canadian Mint."T...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
The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More
A burgeoning interest in Canada's emerging cannabis sector, which spiked after recreational use of marijuana was legalized in October, is sucking investment capital away from the mining sector, and hitting juniors hardest, a new study shows.According to BDO's Sherif Andrawes, investments in Canadian cannabis companies increased from C$43 million to C$770 million from the first half of 2016 to the...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Monday following news of a surge in China's manufacturing output and signs of progress in the U.S.-China trade talks. Shares of Lyft (LYFT declined sharply on the ride-sharing company's second full day of trading on the Nasdaq, after its massive IPO last week. Amazon.com (A...Read More
The Monday Market Minute Global stocks gain as China records the strongest reading of manufacturing activity in eight months in March, raising hopes that Beijing's stimulus plans can support the world's second-largest economy.Weaker factory activity readings in Japan and Germany cap gains, however, as trade war concerns linger ahead of this week's visit to Washington by China' Vice Premier Liu H...Read More
Investing.com - Gold prices were trading near flat on Monday in Asia as a private survey showed China’s manufacturing activity rebounded unexpectedly.The Caixin Purchasing Managers’ Index came in at 50.8 for March, higher than the expected 49.9, after shrinking for three straight months. The survey lifted investor sentiment as Chinese stocks surged almost 3% in morning trade.Prices of...Read More
Colin FirstMar 31, 2019 10:14 PM GMTThe price action for Gold in both spot and futures markets during the month of March was highly positive. However, profit booking activity towards the end of Month led to yellow metal losing all its gains and closing on a neutral note albeit all for weeks seeing a steady increase in price action. Safe-haven assets saw a high level of attention and fund flow...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 2, 2019 There’s a time for gold stocks to rally... and a time for consolidation and retracement.Please click here now. We have joy, we have fun, we have gold price seasonality in the sun? To view seasonality on the daily gold chart, please click here now. Double-click to enlar...Read More
By: Keith WeinerA number of commentators have predicted that the rules of the Basel III bank regulations will cause gold to skyrocket (no, this article is not about our view that gold does not go up, that it's the dollar going down, that the lighthouse does not go up, it's the sinking ship going down in the storm).Will it? It would be easy to say as with all of their other predictions of gold...Read More
By: Stewart Thomson 1. There's a time for gold stocks to rally... and a time for consolidation and retracement. Please click here now. We have joy, we have fun, we have gold price seasonality in the sun?2. To view seasonality on the daily gold chart, please click here now. Double-click to enlarge.3. The COMEX price of gold is determined mainly by commercial bank traders an...Read More
Jordan Roy-Byrne CMT, MFTAStop me if you've heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let...Read More
By: Ira EpsteinGold bias is down, bouncing around here:Read More
The slides for the PowerPoint presentation accompanying these remarks can be found here:http://gata.org/files/GATA-HongKong-Slides-04-02-2019.pdf* * *[SLIDE 1: Introduction]Remarks by Chris Powell, Secretary/TreasurerGold Anti-Trust Action Committee Inc.Mines and Money Asia ConferenceHong Kong Convention and Exhibition CentreTuesday, April 2, 2019Mining Investment Asia ConferenceInterContinental...Read More
The timing of Lyft's IPO last week could not have been better for Wall Street insiders, since they will have an opportunity to unload their shares into a veritable orgy of greed and ignorance. The stock market looks unstoppable at the moment, and it is making Lyft's $24 billion valuation seem somehow less absurd. Just four months ago, when shares were in the throes of what many of us mistook fo...Read More
US-China trade deal will only a temporary stop gap fix for global economy. Eurozone wants greater access to China. China will try to balance US and Eurozone as it will never want its large population to be used as a dumping ground. The trade between USA-China and Eurozone-China are not addressing long term key thorny trade issues. American politicians and Eurozone politicians want to use China f...Read More
For Part 1 of the interview, CLICK HEREJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/yield...Question 1. William L: Barron's saying that the threat of a yield curve is over?Question 2. Ben P: Is it possible the melt up is actually a bull trap?Question 3. Gang: Why do "experts" say there's an everything-bubble with nowhere to hide your wealth, and then in the same interview say you should have no more than 20% of your...Read More