A few days ago Detour Gold released its 1Q 2018 results; in my opinion, they were very decent.Apart from that, the company changed its mine plan for the years 2019 - 2023; as a result, Detour Gold share prices tumbled.In this article I discuss the latest developments at Detour Gold.In my last article on Detour Gold (OTCPK:DRGDF) I was quite optimistic about this company. Although I pointed out tha...Read More
CloseGain/LossGold $1304.50-$0.60Silver$16.37+$0.20XAU81.92+0.61%HUI180.59+0.78%GDM624.96+0.28%JSE Gold1154.73+50.13USD92.81+0.34Euro119.41-0.53Yen91.20-0.03Oil$67.81+$0.5610-Year2.976%+0.007T-Bond143.0625-0.09375Dow23924.98-0.72%Nasdaq7100.90-0.42%S&P2635.67-0.72% The Metals: Gold gained $6.50 to $1311.60 in Asia before it dropped back to $1304.10 in midmorning New York...Read More
Steve St. Angelo from the SRSRoccoReport joins Silver Doctors as gold and silver are selling off. He says geopolitical concerns are dying down, pushing metals down.If we have a significant stock market selloff, gold and silver could fall further. However, we're much closer to the metals' lows than the stock market's lows, St. Angelo says. Could gold fall as low as $1000? He says it's possible, but...Read More
On the holodeck the markets are telling us something but we know not whatBy Michael J. Kosares "John Locke, the British philosopher whose ideas fuelled the American Revolution, had a theory of knowledge and perception, which I always found annoying. Asked if we have an idea of the substance behind our perceptions, he said we had 'no such clear idea at all, and therefore signify nothing by the wo...Read More
Yes, you read that right. Just when all the metals bugs are about to give up, Charles Nenner is calling for record precious metals prices. He says the rally will start at the end of the summer going into Q3. The price target is 2 years out. He doesn't currently have a silver price target, but will get back to us shortly once the cycles confirm. He believes that the USD is also heading higher once...Read More
Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed the updated resource at this company's Newfoundland asset. A May 1 research note from Canaccord Genuity reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS ) released an updated resource on its Valentine Lake gold project in Newfoundland. "The overall resource was increased to 2,137,400 ounces Measured and Indicated (M&I) at 1.99...Read More
By Bill Holter I have tried to explain this concept many times before but never had a chart to do it with. Please note the start date of the chart is 1971, this is not by any coincidence as that was the year the U.S. dollar became fully fiat and backed by nothing but "faith". Before getting started, it is important to understand what August 15, 1971 really meant and why Nixon took us off t...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows....Read More
Haywood Securities analyst Kerry Smith provided a construction update on one of this firm's projects. In an April 25 research note, analyst Kerry Smith with Haywood Securities reported that Equinox Gold Corp. (EQX:TSX.V) is on track to begin ore mining in Q3/18 and to pour first gold at its Aurizona gold mine in Brazil by year-end. Full-scale construction at this Brazil asset is in progress. Mos...Read More
By Axel MerkAs part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value...Read More
CloseGain/LossGold $1304.50-$0.60Silver$16.37+$0.20XAU81.92+0.61%HUI180.59+0.78%GDM624.96+0.28%JSE Gold1154.73+50.13USD92.81+0.34Euro119.41-0.53Yen91.20-0.03Oil$67.81+$0.5610-Year2.976%+0.007T-Bond143.0625-0.09375Dow23924.98-0.72%Nasdaq7100.90-0.42%S&P2635.67-0.72% The Metals: Gold gained $6.50 to $1311.60 in Asia before it dropped back to $1304.10 in midmorning New York...Read More
Jim Rickards joins Robert & Kim in studio for a special show about economic forecasting. Find out how to determine business trends based on Rickard's years of experience working on Wall Street and with the CIA and Pentagon.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan Li...Read More
By Avi GilburtAs some of you may know me by now, I run a trading room with over 3500 traders, have over 450 money manager clients, have over 23,000 followers on Seeking Alpha, and have the 6th largest service out of the 169 that are offered in the Seeking Alpha Marketplace (even though I am a technical analyst on that fundamental analysis web site). I have certainly come a long way since I first...Read More
Heiko Ihle, an analyst with H.C. Wainwright & Co., discussed this company's Q1/18 production overall and from two of its producing mines. An April 11 H.C. Wainwright & Co. research note indicated Great Panther Silver Limited (GPR:TSX; GPL:NYSE.MKT) is on track to meet 2018 production goals despite Q1/18 performance. "While consolidated production totals were slightly below levels seen in Q4/17, w...Read More
Technical analyst Jack Chan updates his gold and silver charts.Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. Speculation is...Read More
By Rory HallIt appears we are seeing another sign of the frequency shift. Over the past few weeks we have been speaking more about this shift in terms of spirituality and and community, but today we see it manifesting in a whole other area.The decline in mining output, by the "world's largest gold miner", Barrick Gold, seems to point towards undeniable reasons, as we have been saying for the pas...Read More
Jeff Clark : For data wonks like me, the annual Yearbooks from various gold and silver consultancies make for fun reading. You can always find little gems about what’s going on in the markets, and sometimes you can spot changes in trends early on. Seeing a compelling chart, especially one that’s not been widely reported, is almost as exciting as seeing my wife in a short skirt on date...Read More
CloseGain/LossGold $1304.50-$0.60Silver$16.37+$0.20XAU81.92+0.61%HUI180.59+0.78%GDM624.96+0.28%JSE Gold1154.73+50.13USD92.81+0.34Euro119.41-0.53Yen91.20-0.03Oil$67.81+$0.5610-Year2.976%+0.007T-Bond143.0625-0.09375Dow23924.98-0.72%Nasdaq7100.90-0.42%S&P2635.67-0.72% The Metals: Gold gained $6.50 to $1311.60 in Asia before it dropped back to $1304.10 in midmorning New York...Read More
CloseGain/LossGold $1304.50-$0.60Silver$16.37+$0.20XAU81.92+0.61%HUI180.59+0.78%GDM624.96+0.28%JSE Gold1154.73+50.13USD92.81+0.34Euro119.41-0.53Yen91.20-0.03Oil$67.81+$0.5610-Year2.976%+0.007T-Bond143.0625-0.09375Dow23924.98-0.72%Nasdaq7100.90-0.42%S&P2635.67-0.72% The Metals: Gold gained $6.50 to $1311.60 in Asia before it dropped back to $1304.10 in midmorning New York...Read More
As a general rule, the most successful man in life is the man who has the best information Donald Trump's enmity towards Amazon and its founder Jeff Bezos, the richest man on Earth, has indeed been going on for a long time, and it's easy to frame the tiff as two billionaires marking their territory like two pit bulls in a fight ring. After all, Trump is a billionaire capitalist too, and it's no...Read More