Apr 04, 2019 Guest(s): Keith Neumeyer A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver. "I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that's kind of the key number. We did test that level in early 2018 and it failed and it got all the way...Read More
LONDON, 2 April 2019 - BullionVault is named today as the sensible way to invest in gold by Metro, the UK's highest-circulation daily newspaper.Distributed free across major commuter routes nationwide, the Metro is read by some 1.4 million people each day, beating top tabloids The Sun and the Daily Mail."Disillusioned by Brexit, Laura and Simon Delew decided to invest in something that had nothing...Read More
Mar. 29th, 2019(S14-E689)Featured GuestsGerald Celente &Martin ArmstrongGuest order via seniority.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS!(Remember to say Goldseek Radio sent you!).In Part I with global financier, Martin Armstrong of Armstrong Economics our guest rejoins the show with commentary. "Tangible assets will surv...Read More
By: Ira EpsteinGold monthly chart - momentum has stalled. Weekly charts, gold in a down thrust. Daily - $1,274 area important:Read More
StrengthsThe best performing metal this week was platinum, up 0.26 percent as money managers boosted their positions on expectations for higher prices. Gold traders remained bullish this week even though the yellow metal tumbled below $1,300 an ounce, according to the weekly Bloomberg survey. Turkey saw its gold reser...Read More
In an interview I did last week with USA Watchdog's Greg Hunter, I came across as a lukewarm gold bull. Although many of those who commented apparently agreed with my grim deflationary scenario for the global economy, the negative implications this could have for gold did not resonate with Greg's audience.In fact, I see significant appreciation potential for gold, although not to the celestial...Read More
By: David Chapman Elliott Wave International (www.elliottwave.com) (EW) recently noted an interesting piece of market symmetry in an addendum to its March 2019 Elliott Wave Theorist dated March 26, 2019. We thought it interesting enough to repeat it to the readers of the Technical Scoop. What EW showed was how the topping process of 2018-2019 has mirrored to a "striking degree" the topping p...Read More
It was a broad-based rally on Wall Street Stocks had a strong showing today, rallying out of the gate for a convincing start to the second quarter. Traders cheered signs of improving economic conditions in China and the U.S., with tech shares leading the S&P 500 and Nasdaq higher. Still, strength was seen across the board, as the financial sector, including Dow components JPMorgan Chase, Goldman S...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) will sell a portfolio of 18 royalties on assets not owned by Alamos to Metalla Royalty and Streaming (TSXV: MTA; MTAFF) for $8 million in Metalla shares.The portfolio includes a 2% net smelter returns royalty (NSR) on Agnico Eagle Mine's El Realito gold deposit, adjacent to its La India mine in Sonora, Mexico, plus 1.5% and 1% NSRs on Monarch Gold's Wasamac gold p...Read More
A bearish signal just flashed amidst the gaming sector's Macau liftCasino stock Las Vegas Sands Corp. (NYSE:LVS) is higher, along with several sector peers, after Chinese gambling territory Macau reported well-received revenue data for March. As a result, the security is up 3.7% at $63.26 -- trading at a level not seen since early September. However, traders may not want to bet on LVS just yet. Th...Read More
The brokerage firm downgraded the shares to "hold"It's a rip-roaring start to the second quarter, with the stock market rallying on upbeat global manufacturing data. Among individual stocks making notable moves are online family care marketplace Care.com Inc (NYSE:CRCM), marketing analytics firm Comscore, Inc. (NASDAQ:SCOR), and pulmonary disease specialist Pulmatrix Inc (NASDAQ:PULM). Here's a qu...Read More
The security tends to struggle in April, tooThe shares of Puma Biotechnology Inc (NASDAQ:PBYI) are down 9.3% to trade at $35.29, one of the worst stocks on the Nasdaq today, after the company inked an exclusive licensing deal with Pierre Fabre to develop and commercialize its cancer treatment, Nerlynx, in the European Union. The shares are likely suffering because, as analysts at Guggenheim and...Read More
Gold futures finished lower Monday after upbeat readings on economic activity in China and the U.S. helped to momentarily soothe some worries over global growth, providing a lift to equity markets and a drag on assets perceived as havens. Gold for June delivery GCM9, +0.07% the most active contract, fell $4.30, or 0.3%, to $1,294.20 an ounce. May silver SIK9, +0.16% was off 1.1 cents, or less th...Read More
Gold futures finished lower Monday after upbeat readings on economic activity in China and the U.S. helped to momentarily soothe some worries over global growth, providing a lift to equity markets and a drag on assets perceived as havens. Gold for June delivery GCM9, +0.10% the most active contract, fell $4.30, or 0.3%, to $1,294.20 an ounce. May silver SIK9, +0.23% was off 1.1 cents, or less th...Read More
Stocks broke above their short-term consolidation on Friday and they got close to the recent local high. The S&P 500 index was the highest since the early October more than a week ago. But then the market traded within a consolidation. Will the uptrend resume today?Briefly:Intraday trade: The S&P 500 gained 0.7% on Friday, after opening 0.5% higher. The market will probably open higher aga...Read More
Kirkland Lake Gold posted revenues of $280.32 million for the fourth quarter of 2018, compared to year-ago revenues of $212.36 million.Simple: I like Kirkland Lake Gold mainly because the company owns two outstanding mines that guarantee a steady success at least for the next three years.I believe that Kirkland Lake Gold qualifies as a long-term investment due to its excellent balance sheet and i...Read More
Craig-Hallum believes the Apple troubles could persist for CirrusFabless semiconductor concern Cirrus Logic, Inc. (NASDAQ:CRUS) is trading sharply lower today, after Craig-Hallum said the company's adaptive noise cancellation (ANC) is not in the new Apple AirPods 2, according to iFixit teardown. What's more, the brokerage firm suggested more Apple-related headwinds could be in store, since its cha...Read More
Speculators are gambling on more short-term upsideCasino stocks are mostly higher today, thanks to the latest data out of gambling enclave Macau. Specifically, while Macau revenue fell 0.4% year-over-year in March, it was the biggest month of 2019 and was in line with expectations. In addition, optimism about U.S.-China trade relations is also likely boosting stocks with exposure to both countries...Read More
The stock has been among the best to own in Q2, historicallyThe shares of video game maker Electronic Arts Inc. (NASDAQ:EA) ended the first quarter with a gain of nearly 29% -- their best quarter since the end of 2014. What's more, EA stock could extend its 2019 rally over the next few months, if recent history is any indicator.Specifically, the maker of the "Apex Legends" and "Battlefield V" game...Read More
Stocks and risk-sensitive currencies on the rise Stocks and risk-sensitive currencies on the rise after strong PMI data for China and Japan. The US government Bonds yield with a maturity of more than two years has turned to growth since last week Stocks Stock markets show growth after the release of strong data for China and Japan as their respective PMIs were better than expected which supported...Read More