All production vehicles are hooked up to a private 4G network for Newcrest Mining.Read full newsRead More
Gold prices have had a nice move so far this month. Should investors consider a gold based ETF or the gold mining stocks? A look at how they performed in the last bull and bear cycle may make their decision easier.Read full newsRead More
Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) is focused on exploring large land packages in world-class gold belts in Canada and Ghana, West Africa. In Canada, Pelangio controls a number of early-stage properties in Ontario, in areas with active and historic mining activities. In Ghana, the Company is focusing on two 100%-owned camp-sized properties: the 100 square kilometers Manfo Propert...Read More
"Golden Ridge Resources Ltd. $GLDN.V is an exploration company focused on acquiring and advancing mineral properties in British Columbia.https://t.co/gNb2eYO4nU @goldenridgeres #gold #exploration #stocks"Read full newsRead More
"Paramount Gold Nevada Corp. $PZG is a US-based gold exploration and development company with assets in eastern Oregon and Nevada. https://t.co/mrZ9YEyhVg @ParamountNV #gold #exploration #stocks"Read full newsRead More
Short sellers reduced their exposure to Paramount Resources in the first half of June as the stock put in new year-to-date lows. Nevertheless, that still left the stock as one of the most shorted as a percentage of its float in Canada. Jumping to the top of Top 10 table based on IIROC data as of June 15th is tightly controlled Stingray Group which has a relatively small estimated float. As such,...Read More
As the nation's nuclear plants close, a new industry has sprouted. Worth billions to some, the decommissioning process worries others.Read full newsRead More
As the nation's nuclear plants close, a new industry has sprouted. Worth billions to some, the decommissioning process worries others.Read full newsRead More
This gold mining ETF has hit a new 52-week high. Are more gains in store for this ETF?Read full newsRead More
Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to protect domestic uranium production.The June 20 article, quoting three anonymous sources briefed on the matter, said the commerce department believes that the U.S. reliance on uranium imports poses a national securi...Read More
The banks are in trouble and they know it.If there's one thing technology is good at, it's changing the status quo. You've no doubt heard about and witnessed it with ridesharing platforms like Uber. There are all kinds of stories about that company taking business away from traditional cab companies. Likewise, companies like AirBnB are disrupting the hotel industry.And while sweeping, sudden chang...Read More
"Yep.Thats #Gold people!#WayMoreToCome#CrystalLakeMining working really hard in the #ChachiCorridor with newly expanded property.#ForGoodReason !!!#GoldStock $CLM #tsxv #smallcaps #mineralexploration #bcminex #geology #earthscience#MomentumStocks #Goldmine #GoldMining"Read full newsRead More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 274,63370,31056,655141,993365,848473,281492,813 Change from Prior Reporting Period 24,5194,434-3,1804,27426,10225,61327,356 Traders 20669685559290170 Small Speculators LongShortOpen Interest 52,35532,823525,636 3,3601,61728,973 non reportable positionsCha...Read More
- Richard (Rick) MillsThe US Federal Reserve, the country's central bank, did what many expected on Wednesday, and held interest rates steady, while signaling that a rate cut is on its way. Despite pressure from President Trump to lower interest rates, the Federal Open Market Committee (FOMC) concluded after a two-day meeting that it will stay pat for now, meaning no change to the 2.25% to 2....Read More
Gold finally surged to new bull-market highs this week! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners' stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and investors wildly underdeploye...Read More
Summary: Gold closed at $1348 today according to Stockcharts but is now much higher at $1365 as I write this update. My two longer-term weekly charts on GLD show the potential for a massive upside breakout where price could really run hard & fast. My first chart is a 6 Year weekly showing a massive inverse Head & shoulders pattern that is ready to bust out to the upside of the inverse neckl...Read More
By: Ira EpsteinDrone Thursday - 100% July Cut in Rates Priced in - Gold Market is responding to falling dollar, rates, FOMC, drones, safe haven buying roaring into the market.Gold roars higher:Read More
- Jordan Roy-Byrne CMT, MFTAGold has finally broken out to the upside.In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz. As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month (and quarter) next week will provide an additional clue as to th...Read More
Bullion's powerful rally this week has kicked this popular mining-stock vehicle into high gear. I haven't tracked it in quite a while but aim to do so now, provided it remains feisty and interesting. In that regard, GDX looks like it's about to ratchet up the interest-level, although not in a way we might have preferred. Notice that Thursday's energetic short-squeeze brought the ETF within inche...Read More
Apart from the technical, Iranian issue is also contributing to gold's rise. Momentum is bullish for gold and crude oil. Silver has a lot of potential to rise IF it tries to play catch up with gold. China is trying to mediate for a denuclearization of the Korean peninsula. Developments in Korea will not have any effect on gold or currency markets. One should look for signs of profit taking bef...Read More