Oh my LIVE stock starts trading on June 13th and closes the day at $1.36. One month and one week later LIVE is trading $0.78 cents. Unreal. No disclosure on what or if Mr. Humphreys got paid but he...Read full newsRead More
A recent report from Citigroup Inc. is suggesting that the price of copper could reach US$8,000 a metric ton by 2022 and potentially surpassing US$9,000 by 2028.The report went on to suggest that the investors may want to "prepare for a decade of Dr. Copper on steroids."What's particularly interesting is that the report comes out amid a pretty serious slump in the metal, including hitting a fresh...Read More
Last week Donald Trump broke the theoretical "Chinese Wall" that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed's current policy to continue raising interest rates. Though, it's really more like "nudging" rates up at a snail's pace.Gold shot-up in price immediately after Trump's ill-advised comments recorded on CNBC it the tape, more than offse...Read More
The Wall Street Journal recently highlighted a better method of analysing the impact of public sector pensions on state and local budgets. The results are ominous for government finances, the bond markets, and pretty much everything else:Why Your Pension Is DoomedA new study shows that benefits are rising faster than GDP in most states.Pension costs are soaring across the country, and government u...Read More
Marathon Gold Corporation (TSX: MOZ) is focused on their long-term goal of moving the 100% owned Valentine Lake Gold Camp through to production, in central Newfoundland. The Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources, totaling 2,137,400 oz. of gold at 1.99 g/t and inferred resources totaling 1,104,700 oz....Read More
South Korea??s LG Chem, one of the world??s top secondary battery makers, is building its second battery plant in China for a full capacity of powering over 500,000 electric vehicles by 2023 that would expand its output froRead full newsRead More
Fresh from a week of public disagreements with hedge fund Paulson & Co, Ontario miner Detour Gold on Friday issued a statement detailing the "next steps" in building value for its shareholders, addressing issues around potential offers, an update on the CEO search and enhancements to the board.The company, which is under pressure from Paulson to overhaul its board and put up the business for sale,...Read More
Albert Mining Inc an exploration mining company and a leader in the use of Artificial Intelligence and advanced knowledge-extraction techniques since 2005 in the mining sector,Read full newsRead More
THE recovery of Tanzanian producer, Shanta Gold, took another important step in the second quarter after the company turned in production of 20,544 ounces (Q1: 17,663 oz), lowered all-in sustaining costs (AISC), while on the corporate side it agreed to lower debt through the buy-back of convertible shares. "This was a strong quarter for the company,"Read full newsRead More
After a promising rally at the start of 2017 which saw copper gradually move higher the red metal - generally seen as an indicator of global economic health - copper has weakened significantly in recent days. It has fallen to a one-year low over fears that the emerging trade war between the U.S. and China is about to escalate significantly, as rhetoric between the two nations heats up.The threat o...Read More
Mining stocks have long been a favourite of Canadian investors. Along with financials, mining stocks are what the TSX is really well known for. And there's a good reason for that. The Canadian market is loaded with great value stocks with cartloads of upside.Let's drill down into the multiples and see which mining stocks are the best value in Canada today.Lundin Mining Corp. (TSX:LUN)A little ove...Read More
After a brutal few weeks in precious metals, you'd expect trend-following speculators to be heading for the exits. And the most recent gold and silver futures action — aka the commitment of traders (COT) report — shows exactly that. Which is good news.In gold, speculators - who tend to be wrong at big turning points — cut their net long position by 8%, while commercial traders -...Read More
The following is guest post from a Mining Stock Journal subscriber who runs a family business in the northeast part of the country:Our family has been in business here for over 100 years. Presently my brother and I run a collection of consumer-based businesses, including a hotel, restaurant and an apartment complex. We have very well run businesses with tight controls. All my top managers have bee...Read More
There's been a lot of talk about hacking this week.America was once again reminded that Russia launched a dangerous cyberattack on our democracy in 2016.But I'm not here to talk politics.I'm here to talk profits.That's why I want to talk about the cybersecurity industry, and tip you off to a very special stock that could surge 1,500% in the months ahead.I'll get to that in a minute, but first, let...Read More
Stocks fell on Thursday on disappointing earnings releases and stayed relatively flat early Friday as we "went to press."Investors had high expectations amid projections that earnings could jump 20% for the S&P 500 from the year-ago levels following the U.S. tax reform, but Thursday was an ugly day for most companies that released earnings reports.Thursday's earnings results confirmed corporate ea...Read More
The Northern Miner has pulled together the top-10 precious metal juniors (with no production and excluding royalty companies) that are headquartered in Canada, arranged by market capitalization as of the end of the second quarter.1. NOVAGOLD RESOURCESMarket cap: $1.9 billionAn undated photo of the camp at NovaGold Resources' Donlin Gold project in Alaska, now a joint venture with Barrick Gold. Cre...Read More
The World Gold Council has released its Mid-year Outlook 2018 and revealed three key factors that could bring gold out of its decline in the second half of the year.Read full newsRead More
CloseGain/LossOn WeekGold $1230.80+$7.90-0.87%Silver$15.51+$0.19-1.84%XAU79.57+0.71%-1.07%HUI172.02+0.81%-0.86%GDM605.41+0.66%-1.19%JSE Gold1010.43+8.45-1.93%USD94.43-0.79-0.31%Euro117.26+0.85+0.36%Yen89.78+0.78+0.87%Oil$70.46+$1.00-0.77%10-Year2.896%+0.057+2.22%Bond144.21875-1.0625-1.05%Dow25058.12-0.03%+0.15%Nasdaq7820.20-0.07%-0.07%S&P2801.83-0.09%+0.02% The Metals: Gold saw slight loss...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort218,427160,58677,094181,266254,901476,787492,581Change from Prior Reporting Period 4,11727,7106,72715,705-11,05426,54923,383Traders1721071006049285213 Small Speculators (C) GoldSeek.com LongShortOpen Interest 51,49135,697528,278 -1,8641,30224,685 non reportable positionsChange...Read More
Market UpdatesGlobal Debt Time Bomb Surges To Nearly $250,000,000,000,000 - GoldCore Video"Biggest Bubble in the History of Mankind" Is "Going To Burst" - Ron Paul Collusion between Government, Regulators & Two Bailed-Out UK BanksTrump, Russia, Brexit and the Demand For Gold and Silver - GoldCore InterviewVideos of the Week Charts of the WeekSource: IIF via BloombergSource: ZeroHedge Today's...Read More