* LME/ShFE arb: (Adds official midday prices, details)By Maytaal AngelLONDON, April 19 (Reuters) - Nickel soared 9 percent to athree-year high on Thursday, extending the previous session'sblistering rally on fears the metal could become ensnared inU.S. sanctions on Russian firms, although analysts say gainscould be short-lived.The United States last week slapped sanctions on majorRussian aluminium...Read More
* Silver hits 2-1/2-month high * Spot gold faces resistance at $1,356/oz -technicals * Higher base metal prices could boost inflation -analysts (Updates prices; adds comment, second byline, NEW YORKdateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, April 19 (Reuters) - Gold prices dipped onThursday, breaking a string of gains for four successivesessions, in response to a decline in global...Read More
Acacia Mining (LON:ACA), Tanzania's No.1 gold producer, revealed Thursday that revenue in the first quarter of the year had slumped almost 50% after reduced operations at its flagship Bulyanhulu gold mine continued to drag sales down.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said production dropped 45% to 120,981 ounces in the first three months of 2018 when compared to...Read More
Gold bulls just can't seem to break past the top of 2018's range, setting up for another rejection. Indecision candles are marking the Dailies, reversal play setting up once again. Gold is hesitating near the 1,350.00 level as markets try to make up their mind about which direction to go. Gold has been making some headway up the charts, managing to close small portions in the green amids...Read More
Silver prices are trading almost 25% below the values predicted by our price model. This is the largest downside deviation we have seen in over 25 years.We believe this is the result of massive short selling in the futures market.In order to maintain this downward pressure on silver, speculators would have to continue to sell over 500 million ounces of paper silver per year.A reversal of this posi...Read More
Here Are 3 Hot Things to Know About Stocks Right Now International Business Machines Corp. (IBM) tumbled 7.6%, pulling the Dow Jones Industrial Average lower.Morgan Stanley (MS) rose just 0.06% after posting a 38% increase in first-quarter profit.S&P 500 companies are expected to post an 18.6% increase in first-quarter profit, the biggest rise in seven years, according to Thomson Reut...Read More
Bob Moriarty ArchivesApr 19, 2018The UK, France and US have committed another series of war crimes in Syria, attacking a sovereign nation without even the pretense of UN or Congressional or Parliamental approval. In short the entire fiasco was illegal according to all international law. They did it on the basis of what was obviously a false flag operation that the Russians warned was being set up...Read More
U.S. Stocks are set to open higher Wednesday, boosting the Dow Jones Industrial Average past a one-month high, as investors weigh the impact of a strong corporate earnings season but continue to remain concerned over the fate of global economic growth and protectionist trade policies from the White House. Equity futures prices suggest modest gains for the main U.S. indices later today, with cont...Read More
Investing.com - Gold prices edged lower on Wednesday weighed down by gains in the dollar and improving risk appetite which dampened safe haven demand for bullion.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $1.70 cents or 0.13% to $1,347.90 a troy ounce by 04:33 AM ET (08:33 AM GMT).The U.S. dollar index, which measures the greenback’s st...Read More
Silver is a stubborn metal.A $16-17 range.Watch out above.Gold will lead, and silver will take the baton.A bubbling bullish volcano.The price of silver has gone to sleep, and the precious metal is like a hibernating polar bear in summer these days. However, anyone who has bought or sold silver since the late 1970s knows that when the metal awakens, it can be a bucking bronco like no other. Silver...Read More
CloseGain/LossGold $1346.00-$2.60Silver$17.25+$0.07XAU85.67+0.55%HUI185.25+0.50%GDM644.15+0.01%JSE Gold1106.68+12.70USD89.87+0.25Euro123.51-0.27Yen93.31-0.05Oil$68.29-$0.1810-Year2.912%+0.035T-Bond143.71875-1.21875Dow24664.89-0.34%Nasdaq7238.06-0.78%S&P2693.13-0.57% The Metals: Gold gained $6 to $1354.60 in Asia before it dropped back to $1341.10 in late morning New York...Read More
Cornflakes and milk may or may not be getting more expensive, but some higher-profile things are rocking like it's 1979. Houses, for example: Home prices just took the biggest jump in four years(CNBC) - Homebuyers, hold onto your wallets. The gains in home prices are getting bigger as the supply of homes for sale gets leaner.The median price of a home sold in March surged 8.9 percent compared wi...Read More
Mike Maloney & David Morgan take a look at the recent price action in silver. Is this a breakout or a fakeout? Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious me...Read More
The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors. He says bonds currently are the "most mispriced assets in the history of the world." He sees a world wide default on debt coming.The stock market is also in trouble. There is a confluence of events coming in the fall that will lea...Read More
Source: Michael J. Ballanger for Streetwise Reports 04/18/2018 Precious metals expert Michael Ballanger discusses the gold and silver ratio. -->There is a famous quote about short-selling that comes from Olde English business folklore that goes something like this: "He who sells what isn't his'n. Must deliver or goes to prison!"That old horse chestnut was used to frighten the Rothchildian s...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Cranbrook, B.C., April 19th, 2018: Eagle Plains Resources Ltd. (TSX-V: "EPL") is pleased to report that is has acquired by staking a high-quality graphite project. The 711 ha, road-accessible Slocan Graphite Project is located 32km northeast of Nelson, British Columbia and is owned 100% by Eagle Plains with no underlying royalties or encumbrances. The property hosts several large flake graphit...Read More
Michael Kosowan is the CEO of Torq Resources. In this interview, he fields Sprott Money customer questions regarding gold, the Canadian dollar and the mining sector.Read More
CloseGain/LossGold $1346.00-$2.60Silver$17.25+$0.07XAU85.67+0.55%HUI185.25+0.50%GDM644.15+0.01%JSE Gold1106.68+12.70USD89.87+0.25Euro123.51-0.27Yen93.31-0.05Oil$68.29-$0.1810-Year2.912%+0.035T-Bond143.71875-1.21875Dow24664.89-0.34%Nasdaq7238.06-0.78%S&P2693.13-0.57% The Metals: Gold gained $6 to $1354.60 in Asia before it dropped back to $1341.10 in late morning New York...Read More
COLORADO SPRINGS, April 19, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced its maiden mineral reserve for the Isabella Pearl gold project located in Mineral County, Nevada, increasing its Company-wide gold reserves by 135%. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico an...Read More