We have written for over a year about the historical importance of the shift in Federal Reserve policy. We've noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of over 170% and median gain of almost 150%.As of last Tuesday morning, the market showed an 84% chance of a rate cut by the Fed meeting in...Read More
Gold is catching a new tailwind that could push the price of the yellow metal above the early 2019 highs. If that happens, the gold miners appear cheap right now.Let’s take a look at the reasons behind the recent rebound in gold and try to determine if big players such as Barrick Gold (TSX:ABX) (NYSE:GOLD) deserve to be on your buy list today.Gold priceGold enjoyed a strong rally from US$1,2...Read More
Retirees and other income investors have a wide selection of quality dividend stocks to choose from on the TSX Index right now.Let’s take a look at three companies that might be interesting picks today.Bank of Nova Scotia (TSX:BNS)(NYSE:BNS)Bank of Nova Scotia’s stock price is back down to $69 per share, which isn’t too far off the December 2018 low around $67 and well off the 20...Read More
For as long as stock exchanges have existed, precious metals have been a benchmark for security. Now, as uncertainty mounts in the markets, and even the most stable of asset classes prove vulnerable to an increasingly fearful sentiment among investors, it would appear that gold and silver could yet again provide the safe haven that stockholders inevitably turn to.Though gold prices were wavering l...Read More
"U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash"U.S. Treasury Secretary Steven Mnuchin on Thursday led a secret meeting of top U.S. financial regulators on the risks to global markets from the recent surge in corporate borrowing..."No details were provided on the gist of the discussion, though according to the statement the panel heard an 'update from Craig Phillips,...Read More
"Despite extensive efforts by Gascoyne to optimise operations by targeting improved mined grade, resource reconciliation, and increased material movements, Gascoyne has continued to experience issuesRead More
The price of gold rose this morning to its highest levels in over two months, as trade disputes between the United States and China continue to mount and fears grow that Trump's tariffs on Mexico will slow the global economy.At last look, gold for August delivery was trading up 0.79% today at $1,321.50 per ounce.Following warnings that it would begin blacklisting foreign companies from the country...Read More
Approximately 50 Denver-area junior high school girls began a free, week-long camp about science, technology, engineering and math today, participating in the second-ever iteration of the GE Girls program at Colorado School of Mines.GE Girls Camp is designed to encourage girls to explore the world of science, technology, engineering, math and STEM-based careers. The program started in 2011 in part...Read More
COLORADO SPRINGS - Colorado School of Mines President Paul C. Johnson has been named the Rocky Mountain Athletic Conference Executive Committee and Presidents' Council Chair. Along with Johnson as the newly appointed chair, the 2019-20 RMAC Executive Committee includes President Randy Rhine (Chadron State), President Sam Minner (New Mexico Highlands), President Father John Fitzgibbons (Regis), an...Read More
A new non-thesis master's degree at Colorado School of Mines will prepare scientists, engineers, economists and more to harness the torrent of large and complex digital data that has become ubiquitous throughout society.Launching this fall, the Data Science graduate program at Mines will address the unique needs of data-driven discovery and data-supported decision making, offering rigorous trainin...Read More
LONDON, UNITED KINGDOM - Mark Bristow, officially installed as president and CEO of Barrick Gold (TSX: ABX; NYSE: GOLD) on New Year's Day, sat down with The Northern Miner for a fireside chat at The Northern Miner's Canadian Mining Symposium at Canada House in London, U.K., on May 22, 2019, to talk about his vision for the company and the gold mining industry more broadly since Barrick' blockbuste...Read More
Trade tensions between the U.S. and China drove the Dow Jones Industrial Average down 3.01% to 24,815.04, while the S&P 500 Index lost 2.62% to finish at 2,752.06. Spot gold rose 1.58% to US$1,304.90 per ounce.Shares of Buenaventura rose US64 ? to US$15.17. The company reported first-quarter results with net income of US$27.3 million, down from US$28.4 million in the first quarter of 2018, and rev...Read More
The U.S.-China trade dispute continued to rattle investor sentiment, with the S&P/TSX Composite Index down 1.19% to 16,037.50. The bleak trade outlook also put pressure on base metals while lifting gold. The S&P/TSX Global Base Metals Index fell 1.54% to 87.51, while spot gold rose 1.58% to US$1,304.90 per oz., and the S&P/TSX Global Gold Index increased 5.98% to 190.45.The start of commercial pro...Read More
A high-grade gold discovery called the Bear-Rimini zone at Great Bear Resources' wholly owned Dixie project in the Red Lake district of Ontario drove up the company's shares 91 ? to $3.84. Drill hole 11 returned 194.21 grams gold per tonne over 2 metres, including 759.38 grams gold over 1 metre starting from 58 metres downhole, and 12.33 grams gold over 14 metres, including 30.90 grams gold over 5...Read More
For at least the last two years, I've explained that confidence in governments is dying around the world, that central bankers are losing control, that global growth is slowing, that the next financial crisis would come as a result of a bond blowup, and that China would be the largest beneficiary of this crisis as a bond market blowup has the potential to cause institutions to fall, power to shift...Read More
We had an exciting month in May with the updated resource for McIlvenna Bay finally being released and our Annual General ...Read More
Peter Schiff & Chris Waltzek Ph.D. - May 30th, 2019. * Mp3 File. HighlightsPeter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX)returns with key insights.Our guest notes the Wall Street adage, "Sell in May and Walk-away..." where investors look for bargains later in the year.Peter Schiff expects a bear market to overtake US equities.The trade skirm...Read More
The market is now in position to crash. This is not something that will arrive as "a bolt out of the blue" - it has been setting up to do this for a long time. On the 6-month chart for the Dow Jones Industrials below we can see that on Friday it broke down from a Head-and-Shoulders top that had been forming since February, and the longer-term 5-year chart for the S&P500 index lower down the page...Read More
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"Precious metals weekly round-up: Gold boosted by Trump and last week's other precious metals top stories. https://t.co/cONU6PrRtV #preciousmetals #investing #stocks"Read full newsRead More