The S&P/TSX Venture Composite Index fell 2.14% to 582.67 and gold finished the week at US$1,643.00 per oz., up US$59.40 per ounce.Drill results from the Kora North Extension of its Kainantu gold mine in Papua New Guinea sent K92 Mining's shares up $0.37 to $4.38. Results from 25 diamond drill holes completed from surface and underground into the Kora North deposit included drill hole 0167, which i...Read More
With the coronavirus epidemic and trade tensions clouding the economic outlook, the Dow Jones Industrial Average fell 1.38% to 28,992.41 and the S&P 500 dropped 1.26% to 3,337.75. Safe haven assets like gold continued to attract investors, and the price of gold climbed to a seven-year high, ending the week at US$1,643.00 per oz., a US$59.40 per oz. increase for a weekly gain of 3.75%.Shares of Agn...Read More
The blockade of rail traffic across Canada due to a disputed gas pipeline and fears about the impact the coronavirus is having on the global economy, sent the S&P/TSX Composite Index down 0.03% to 17,843.50. Uncertainty sent the price of gold up US$59.40 per oz. or 3.75%, to finish the trading week at US$1,643.00 per oz., and the S&P/TSX Global Gold Index surged 8.69% to 282.93. The S&P/TSX Global...Read More
The writedown was mostly related to its stake in the active Fort Hills oil sands mine in landlocked Alberta, while the company warned of another potential $1.13 billion future writedown should its $20.6 billion Frontier project not receive federal permitting expected by next week.The company wrote off C$910 million on Fort Hills related to lower market expectations for future Canadi...Read More
For the past year, I've been extolling the benefits of facial recognition technology.Simply put, it's coming whether you like it or not...And really, you should like it.I know there are concerns, and they're valid.No one wants to live in a dystopian society where every individual is tracked and followed.But that's not what this is.What we're talking about is a technology that when deployed properl...Read More
"California is no longer a strategic consideration. It's a tactical consideration,'' said strategist Mike Madrid.Read full newsRead More
RambusJust a quick update on the Yen / PM combo we've been following. Today the yen is moving lower in its new impulse move to the downside doing away with the positive correlation it used to have with the PM complex. While the yen is moving lower more PM stock indexes are breaking out to the upside. I just wanted to post this combo chart early so you can follow the breaking out and the backtest...Read More
- Steve St. Angelo, SRSrocco Report According to a precious metals dealer I spoke with, the world out on the street is that demand for gold and silver has recently surged due to investor concerns about a disruption to the Global Supply Chain. We are already seeing a massive slowdown in China's oil demand as official reports show a 20% reduction in oil consumption. However, I believe China'...Read More
By: Ira EpsteinGold Market: higher highs ad higher lows short-term. What resistance exists above? Markets in general are looking at the "what if" scenarios..Read More
One needs to keep on booking profit as long as gold does not break $1633.80 and silver does not break $1882.90. There is a big technical resistance between $1633.80-$1648.50 and $1663.30. For gold to rise to $1900-$2000 for the rest of the year, it has to break and trade over $1633.80-$1648.50-$1663.30 zone. Why am writing this? This is always a slip between the cup and the lip. The Lip here is...Read More
CANEX Metals Inc. announces results for 41 rock samples and 15 reconnaissance soil samples from their Gold Range Property.Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. Managing eighty billion dollars worth of risk - Real VisionWith a record number of pension funds underfunded, the notion of having an "overfunded pension" can sound impossible. And yet th...Read More
Blue Thunder Mining Inc. (TSXV:BLUE) is pleased to announce that it has signed a Letter of Intent (Read full newsRead More
Global Energy Metals (TSX-V:GEMC) has unveiled plans to develop its nickel/cobalt projects near Tesla's Gigafactory in Nevada. The firm hopes to complete a...Read full newsRead More
Here is the video summary of the INK morning report distributed to INK subscribers and Canadian Insider Club members on February 3rd. Gold and silver miner Bluestone Resources (BSR) received a boost from a familiar name in the mining industry. Now it looks set to climb the Lassonde mine life value curve.New CEO and new moneyGet full access to INK Research morning reports and much more by becomi...Read More
Global Energy Metals (TSX-V:GEMC) has unveiled plans to develop its nickel/cobalt projects near Tesla's Gigafactory in Nevada. The firm hopes to complete a...Read full newsRead More
ECR Minerals (LSE:ECR) is reviewing commercial options for its gold projects across Victoria, Australia, after receiving third party interest. In a wider u...Read full newsRead More
NexGen Energy Ltd is a developmental company with a portfolio of top tier projects in the southwest Athabasca Basin, including ...Read More
Initiated in 2016, through our partnership with Breakfast Club of Canada, NexGen has implemented the Breakfast Program in all ...Read More
The price of gold just topped its highest level since early 2013, and investors are wondering if the recent strength is the start of a new rally that could see the price of the precious metal hit a record.MomentumThe rally in the price of gold started in late May last year when gold traded at less than US$1,300 per ounce. A strong move through the summer months took the price to US$1,560 in early...Read More