Salesforce.com and Nutanix are eyeing huge sessions Salesforce.com, Inc. (NYSE:CRM) shares are set to rise after earnings, trading up 8.5% in pre-market action. The enterprise software specialist reported third-quarter earnings that were well above estimates, driven by better-than-expected revenue for the period. Salesforce also raised its full-year outlook. The robust report sparked a handful of...Read More
Emgold Mining (TSXV: EMR) just signed an agreement to sell its 100%-owned Troilus North property to Troilus Gold (TSE: TLG) for 3,750,000 Troilus Gold common shares and C$250,000 in cash.The sale is expected to be finalized the first week of December and upon its completion, Emgold will keep approximately 7.1% of Troilus Gold's issued and outstanding share capital."Emgold is very excited to have b...Read More
Emgold Mining (TSXV: EMR) just signed an agreement to sell its 100%-owned Troilus North property to Troilus Gold (TSE: TLG) for 3,750,000 Troilus Gold common shares and C$250,000 in cash.The sale is expected to be finalized the first week of December and upon its completion, Emgold will keep approximately 7.1% of Troilus Gold's issued and outstanding share capital."Emgold is very excited to have b...Read More
(Updates with closing prices)By Peter HobsonLONDON, Nov 28 (Reuters) - Zinc prices rose on Wednesday asfalling stockpiles and rising premiums for nearby metalhighlighted a short-term supply squeeze, halting a slide to10-week lows.The metal, used to galvanise steel, had tumbled more than 7percent from last Thursday's close as traders anticipated anincrease in supply and weakening demand from steelm...Read More
Shares in Condor Gold (LON:CNR) jumped Wednesday after the miner announced it had extended known targets and discovered new high-grade vein systems at its La India project in Nicaragua.The company said it was working to prove a 5-million-ounce gold district, adding it had already applied to the Ministry of Energy and Mines for two adjacent concessions that will expand the La India land package f...Read More
Shares in Condor Gold (LON:CNR) jumped Wednesday after the miner announced it had extended known targets and discovered new high-grade vein systems at its La India project in Nicaragua.The company said it was working to prove a 5-million-ounce gold district, adding it had already applied to the Ministry of Energy and Mines for two adjacent concessions that will expand the La India land package f...Read More
Tanzania's Acacia Mining (LON: ACA) has ended an earn-in agreement with Canada's Sarama Resources (CVE: SWA) over the South Hound?(C) gold project in Burkina Faso to focus on core projects.Acacia and Sarama had originally agreed to a deal which could have seen the Tanzanian miner earn up to a 70% stake in South Hound?(C) after funding $14 million in exploration costs over a four-year period.Acaci...Read More
Falyn Page| @falynspagePublished 22 Hours AgoUpdated4 Hours AgoCNBC.com Gold jumped from near a two-week low on Wednesday after U.S. Federal Reserve Chair Jerome Powell said interest rates were "just below" neutral, soothing investor worries over the pace of rate hikes.U.S. gold futures settled up $10.20, or 0.8 percent, at $1,223.60."Interest rates are still low by historical standards, and they...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Tuesday afternoon, shaking off the latest Trump comment that he expects to press ahead with higher tariffs on China-made goods.Apple Inc. (AAPL) declined 0.4% after Donald Trump hinted at new tariffs on iPhones.United Technologies Inc. (UTX) slid 4% after the industrial...Read More
The Tuesday Market Minute Global stocks drift lower as Trump appears to dismiss chances of a breakthrough on trade talks with China later this week in Argentina.European currencies slide as ECB President Draghi warns on global trade, investors question Theresa May's Brexit deal, sending both the euro and the pound lower against a firming U.S. dollar.Oil prices give back Monday's gains, sending B...Read More
Investing.com - Gold prices dropped on Tuesday in Asia while the dollar also slid. Traders will take cues from Federal Reserve Chairman Jerome Powell’s speech on Wednesday to see which direction the precious metal will go.Gold futures for February delivery on the?EUR?Comex?EUR?division of the New York Mercantile?EUR?Exchange traded 0.05% lower at?EUR?$1,228.2?EUR?a troy ounce by?EUR?10:29 PM...Read More
Bob Moriarty ArchivesNov 28, 2018The US Department of the Interior recently released a list of35 “Critical Minerals” includingtellurium. With China producing over two thirds of the world’s consumption of the metal today certainly the mineral would be in serious shortage should the current trade war between the US and China get even more stupid.I’m not sure exactly what putt...Read More
CloseGain/LossGold $1220.20+$5.20Silver$14.31+$0.17XAU65.52+3.10%HUI147.88+2.90%GDM537.36+2.07%JSE Gold1107.10+1.32USD96.83-0.53Euro113.71+0.76Yen88.13+0.11Oil$50.29-$1.2710-Year3.061%+0.008T-Bond139.625-0.28125Dow25366.43+2.50%Nasdaq7291.59+2.95%S&P2743.78+2.30% The Metals: Gold dropped back to $1211.20 by a little after 9AM EST before it jumped up to $1226.30 in early a...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) - Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropped 8...Read More
Housing and auto sales appear to have hit a wall over the last 8-12 weeks. To be sure, online holiday sales jumped significantly year over year, but brick-n-mortar sales were flat. The problem there: e-commerce is only about 10% of total retail sales. We won't know until January how retail sales fared this holiday season. I know that, away from Wall Street carnival barkers, the retail in...Read More
... GE and GM are both telling us the US economy is in huge troubleby Michael Snyder of The Economic Collapse BlogAmerica's twin economic "generals" are both in very deep trouble.General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so much debt that it may be forced into bankruptcy.General Motors was founded i...Read More
By David SmithGoing forward, there are - and will continue to be - three primary drivers of global physical gold (and silver) demand.During certain times in the past only one or two of these elements provided most of the momentum.However, as we move into 2019, and for possibly the next 5-10 years, all three will be in play. They will operate synergistically to consistently motivate increased pre...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Peter Schiff explained "What Happens Next." This article takes his "likely sequence of events" and expands the discussion.His sequence:Bear MarketRecessionDeficits explodeReturn of ZIRP and QEDollar tanksGold [and silver] soarsCPI spikesLong-term rates riseFederal Reserve is forced to hike rates during a recessionA f...Read More
By Avi GilburtAs many of you know, I will often read articles written by others -- along with the comments -- to gauge the overall sentiment of the market from an anecdotal perspective. During one of my recent perusals of articles, I noticed a quote of the following statement by Sir John Templeton:"For 100 years optimists have carried the day in U.S. stocks. Even in the dark 70's, many profess...Read More
Gold, silver and mining stocks declined in a quite visible way yesterday, which is in tune with our previous expectations. In the previous days it was only silver and miners that declined in a meaningful manner, but yesterday gold joined them, making this a sector-wide decline. Is this the groundbreaking decline that we have been writing about for so long? Time will tell, but the earth is alread...Read More