Gold has rallied sharply in recent weeks to see the yellow metal trading at over US$1,275 per ounce, and there are signs that firmer prices are here to stay. Growing market volatility, rising geopolitical risk, and fears of an economic downturn going into 2019 have all helped to push the yellow metal higher. Not even a stronger U.S. dollar nor higher interest rates, which are typically bad for the...Read More
Investors are starting to warm up to the yellow metal again, and that is bringing new interest in the Canadian mining stocks.Let's take a look at the current situation to see if this might be a good time to put one of the beaten-down gold miners in your portfolio.Golden opportunityGold has moved steadily higher since hitting a 2018 low near US$1,170 in August. The $100-per-ounce advance takes it a...Read More
"Commentators keep asking why the Fed can't raise rates if the economy is so strong? They still don't realize that the economy was never strong. They confuse a bubble for strength. Without 0% rates and QE the bubble can't survive. But a return to those policies kills the dollar" - Peter Schiff on TwitterI made that same argument about the Fed funds rate, the dollar and why the Fed has to keep "nud...Read More
Investigating the Goodfish-Kirana Project near Kirkland Lake, Ontario. Source: Warrior Gold Inc.Warrior Gold Inc. [WAR-TSXV] shares were active Thursday December 27 after the company received positive results from the 3D induced polarisation survey on the recently acquired Deloye Patents located on the Goodfish-Kirana Project near Kirkland Lake, Ontario.The shares advanced on the news, rising 16.6...Read More
Drill core from REN drill programMGX Minerals Inc. [XMG-CSE, MGXMF-OTCQB, 1MG-FSE] on Thursday December 27 released an update for its REN niobium-tantalum-titanium-REE (rare earth element) mineral property which is located in the northern Monashee Mountains of southeastern British Columbia.The company said a 14-hole, 1,249-metre drill program was completed at REN covering an area of approximately...Read More
Panic.It's the worst thing about my job.The market cools off, valuations deflate, and my inbox gets overwhelmed with folks who are in full panic mode, wanting to know, "What do I do?"I don't mean to sound brash, but if you freak out every time stocks sell off, you should just stop investing right now. Otherwise, you're going to make yourself crazy, and you'll likely end up acting on emotion instea...Read More
Share this articleTORONTO - Canada's main stock index closed up sharply following a two-day holiday, while U.S. markets rebounded from a steep drop in early trading to end higher after strong gains a day earlier.The S&P/TSX composite index closed up 385.02 points, or 2.79 per cent, at 14,165.21 following the Christmas and Boxing Day holidays.In New York, the Dow Jones industrial average closed...Read More
It's been a year of growth and exclusive interviews for The Northern Miner Podcast as we passed several milestones: celebrating our 100th episode in mid-year; growing to 5,000 to 8,000 listens per month with listeners from around the world; approaching 150,000 total listens since inception; bringing on board new sponsors; and relocating the podcast to our Toronto studio with a new set of hosts.The...Read More
Like millions of other people, I'm very nostalgic for Nintendo, especially at Christmas. That's because this story, or some version of it, is quite common:1986. Christmas morning. Under the tree, there was a giant wrapped box, tagged:TO: Luke and LanceFROM: SantaMy father told us we should open that one first.Tearing into it revealed a giant robot head staring back at us. And we immediately knew e...Read More
Gold had been outperforming as investors looked for safe assets.Read full newsRead More
Gold had been outperforming as investors looked for safe assets.Read full newsRead More
From the air one can observe the destruction wrought by an open-pit mining project in Cerro Petaquilla and on the ground people talk about its environmental consequences. A security checkpoint and a sign announce that you have reached one of the entrances of the project in the area of ?EURRead More
Continental Gold Inc.'s (TSX:CNL) latest sell-off is overdone, and the miner will soar once production commences at its Buritica project.Read full newsRead More
CloseGain/LossGold $1266.20-$2.80Silver$15.03+$0.26XAU69.98-0.81%HUI159.81-1.23%GDM580.69-0.94%JSE Gold1359.59+42.78USD97.04+0.55Euro113.52-0.69Yen89.97-0.71Oil$46.22+$4.6910-Year2.770%+0.036T-Bond144.53125-0.90625Dow22878.45+4.98%Nasdaq6554.36+5.84%S&P2467.70+4.96% The Metals: Gold gained $10 to a new 6-month high at $1279.00 by late morning in New York before it sold off in afternoon tra...Read More
Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More
Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More
"North Bud Farms Announces Licensing of Cannabinoid Infusion Technology for Food and Beverage Platform -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC -- Read it here: https://t.co/Bs8GehOD3y"Read full newsRead More
All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More
All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More
The Trump administration is poised to propose maintaining Obama-era restrictions on mercury pollution from power plants, responding to opposition from electric utilities that have already spent billions of dollars to meet the requirements.At the same time, the Environmental Protection Agency is set to propose changes that may make it harder to toughen mercury emissions standards in the future by d...Read More