Copper prices continued to slide on Tuesday after China released economic data showing the deepest declines on record for industrial production and fixed asset investment.Copper trading in New York fell by 3% on Tuesday following a 5% decline Monday to a low of US$2.32 per lb. (US$5,110 a tonne), the weakest level since early November 2016. The copper price is now down 19.7% from its 2020 high, st...Read More
There is a lot of blame to throw around these days, but I want to focus on one place in particular.It isn't President Trump, who can't get through a several-minute speech without his staff having to quietly correct him after press briefings.It isn't the federal government, which can't get its act together and is leaving too much up to a fragmented state and local response.And though I have a serio...Read More
"@BruceHaldenby @KennedyFinance @TFMetals @GlobalProTrader The way to interpret is they bought at 18 a couple of weeks ago and have inventory."Read full newsRead More
"$MAGS - Magal Security Systems Ltd. (MAGS) CEO Dror Sharon on Q4 2019 Results - Earnings Call Transcript. https://t.co/B2q1pgtR4m #stocks #investing #finance"Read full newsRead More
I got pelted with garbage after the last (bearish) update was posted on the 1st because right after, gold zoomed back up following a $75.80 plunge, as we can see on its latest 3-month chart below, and this "swansong rally" even made it to a marginal new high, but it did not negate the bearish implications of the late February plunge. In the last update it was written "This kind of massive smackd...Read More
By Avi GilburtI have to tell you that the last 6 months in this market have been the most unusual of my career as a public analyst. And I tried warning many of you of the potential, yet most chose to deride my perspective, as many got suckered into the biggest fake-out I have ever seen in the market.In my analysis published on emerging markets back in early February entitled "Sentiment Speaks: E...Read More
By: Ira EpsteinT.A. LOOK: Gold monthly chart: momentum pointing down, trend is up. Weekly chart: $1,535 / 18 week moving average was the support and it basically hit it on Friday. Weekly uptrend is over. Does not mean the market is bearish..Read More
Gary SavageCrash webinarI will do a webinar Tuesday morning outlining why this market crash occurred, the tools I used to predict it ahead of time, a brief tutorial on cycles, and where I think we're going from here (we're due for a convincing bounce soon) and also what I think is in store for the metals market over the next month. The price of the webinar is $50 this will include a 1 month sub...Read More
Gold rose to high of $1574.80 and silver rose to a high of 1524.50 after the Federal Reserve slashed interest rates to near to and pledged hundreds of billions of dollars in asset purchases. Interest rate option is also now over for the Federal Reserve after this interest rate cut. There is more or less a global lockdown. There was a mad rush for cash. Traders and investors alike sold everything...Read More
The gold mining etf, GDX continues to show promising signs both in absolute and relative performance terms, pointing to more upside ahead.Read full newsRead More
Granada Gold Mine Inc. (CVE:GGM) shareholders will doubtless be very grateful to see the share price up 33% in the...Read full newsRead More
Dieppe, New Brunswick-(Newsfile Corp. - March 16, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that Major Drilling has completed Phase 1 drilling at the Evelyn Gold Project located 60 km NW of Caborca Mexico. The initial 5-hole diamond drilling program measured a total of 815.6 meters inRead full newsRead More
"NexTech AR (@NexTech_AR) (#OTCQB: $NEXCF | #CSE: $NTAR) To Acquire Work-At-Home Remote #Virtual Events #Webcasting Software Company [https://t.co/8uYWZa0aEf]#investing #stocks #stockmarket #trading #investors #news #investing #business #investments #tech #technology #VR #AI"Read full newsRead More
BNN Markets: Stocks, Canadian markets data, North American markets, S&P, TSX, Nasdaq, VentureRead full newsRead More
On INK Ultra Money, Global Macro Investor and Real Vision CEO Raoul Pal provides an update on his outlook for markets. As usual, he does not pull any punches. Given how Pal has more-or-less been spot on with his forecasts since last summer regarding how markets would unfold, this is a must watch video. One of his calls that has yet to play out is bitcoin and he provides an update on that. Meanwhi...Read More
"Coronavirus will bankrupt most #airlines by the end of May unless governments and the industry take coordinated action, an aviation consultant warned https://t.co/RWt22vphFJ"Read full newsRead 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 joined world markets in a steep plunge that reacted to the deepening economic impact from the coronavirus which has now been declared a worldwide pandemic. The Index fell 216.27 points or 20% and ended the week at 870.41, a level not seen since th...Read More
"Gold Rush Days: The 126th Annual Celebration Of Mining, Americana And The Wild West Comes to Colorado https://t.co/oeIXeUfWmS"Read full newsRead More
Last year, Wesdome Gold Mines (TSX: WDO) increased production at its Eagle River complex in northern Ontario by 28% to 91,688 oz. gold while decreasing cash costs by 9% to US$621 per ounce.The company also increased reserves at Eagle River by 36% while boosting reserve grades 20%. The latest reserve number for the operation is 1.2 million tonnes grading 14.4 grams gold per tonne for 550,000 oz. go...Read More