India has clarified the nature of a gold discovery in Uttar Pradesh, after a gov...Read full newsRead More
By: Gary SavageGeneral market updates on today's big down-move. This video update includes: $ES, $AAPL, $COMPRead More
"Explosive growth of shadow banking was about the invisible hand having a party, a non-regulated drinking party, with rating agencies handing out fake IDs." Paul McCulley, economist, bond investor, PIMCO; coined "shadow banking" in 2007, The New York Times 4/6/2010; b. 1957 "If you are ready to give up everything else to study the whole history of the market as carefully as a medical student st...Read More
StrengthsThe best performing metal this week was palladium, up 11.52 percent as precious metals had a stellar week. Gold hit a seven-year high this week, holding above $1,600 an ounce to the highest since February 2013 largely on coronavirus fears. The metal also rose on speculation that the Federal Reserve will ease monetary policy before year-end. Gold remained strong even as the U.S. dollar a...Read More
Clive MaundIf you are wondering why gold is starting to accelerate away to the upside, you need look no farther than the following amazing chart forwarded to me by reader Larry Fike, which Larry has kindly given me permission to reproduce in this update...Click on chart to popup a larger, clearer version.Chart courtesy of Larry FikeThe chart speaks for itself and requires little additional comme...Read More
Now that we are hearing stories about the viral threat of superspreaders, of deepening economic paralysis around the world, and how it could take 18 months to produce a vaccine, investors' show of bravado in recent weeks seems to have melted away. Shares got hit across-the-board on Thursday and Friday, and if investors know what's good for them they'll pound the bejeezus out of them this week. A...Read More
Gold April reached a high of $1684.10 early morning (at New Zealand open). Silver march reached at high of $1879.50. Copper march fell to a low of $256.50. Crude oil fell to a low of $51.66. Early morning high (just after New Zealand open) can be fake or just stop loss hitting price moves. No doubt the trend for gold and silver is bullish. BUT still they have to break and trade over early mornin...Read More
NEW YORK, Feb.24, 2020(GLOBE NEWSWIRE) -- RYAH Medtech Inc. ("RYAH"), announced today that it is preparing for the launch of a patented,...Read full newsRead More
".@GoldgroupMining $GGA saw the week's biggest #TSX gains. Which others won out on the index this week? $ORA $ELD $SAU $OXC https://t.co/LWMxtW3omA #investing #gold #oil #stocks"Read full newsRead More
India has clarified the nature of a gold discovery in Uttar Pradesh, after a gov...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. Ringing the bell at BCE - INK ResearchThe clouds are rolling in over BCE (BCE) stock. INK Research explains why.Politicians have BCE revenue in their sightsIf you are not a Canadian Insid...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index built impressively upon the prior week's rally with an 11.16 point climb, slicing through 1215 and 1220 resistance as it notches brand new 2020 highs. The Index closed the week up 0.9% and has risen 2.55% in the last 2 weeks alone.MACD edged up 0....Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") announced today its board of directors has elected Thomas J. Linden to the board, replacing Markus Westerholz effective immediately. Mr. Westerholz continues in his role as Chief Technology Officer for Venzee.For more than two decades, Mr. Linden held senior posts at Deloitte & Touche LLP, a "Big Four" accountin...Read More
In the fall of 2019, I’d predicted that gold had a real chance to go above the $2,000 mark after a strong year for the yellow metal. Naturally, the potential catalysts for a bull run I’d explored in the article were primarily economic.A major development that emerged in late 2018 and early 2019 could now have a huge impact on the world economy and on the price of gold – still the...Read More
The price of gold hit a new seven-year high in recent trading and Canadian investors are starting to wonder if gold could be on track to reach a new record by the end of 2020.Sustainable recoveryGold began the rally at the end of May last year when the price of gold sat near US$1,300 per ounce. At that point the trade tensions between the United States and China started to really heat up and this...Read More
Japan Gold Sanru project in northern Hokkaido. Photo by jackmac34, Pixabay. Japan Gold (TSXV: JG) announced on Monday the formation of a country-wide alliance with Barrick Gold (NYSE: GOLD, TSX: ABX) to jointly explore, develop and mine properties in Japan.The Canadian company also announced additional six new project in the Southern Kyushu Epithermal Gold Province. The Canadian company also anno...Read More
Some of the latest and biggest loser stocks over the last month are Teck Resources (TSX:TECK.B)(NYSE:TECK), CCL Industries (TSX:CCL.B), and MTY Food Group (TSX:MTY) for having fallen 29%, 19%, and 20%, respectively.However, they can make you a super stock picker in the future if you buy them at the right time. First, let’s explore why the stocks are down.Teck Resources stock down by a halfTe...Read More
Vault alarm. The gold price surged to the highest since January 2013 on Monday as retail investors and hedge funds piled into the safe havens to inoculate against growing panic about the spread of coronavirus infections outside China.The gold price jumped out of the gate on the Comex market in New York, touching a high of $1,691.70 shortly after the open, up $42.90 an ounce or 2.6% compared to Fr...Read More
Kilgore gold project Credit: Otis Gold Producer Excellon Resources (TSE: EXN) has announced plans to acquire developer Otis Gold in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices.Excellon's main producing asset is the high-grade underground silver-lead-zinc mine in Mexico whereas Otis holds the Kilgore gold project in Idaho. Based on a share exchange...Read More
Metso Vertimill (Credit: Metso) Gold and silver producer PT Agincourt Resources (PTAR) has selected Metso's energy efficient grinding technology for its Martabe open pit mine on the Indonesian island of Sumatra. The Metso Vertimill VTM-4500 stirred mill is the largest of its kind to be installed in the country."PTAR worked with Orway Minerals on the circuit concept and with Ausenco on the pro...Read More