Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Mine would be company's largestRead full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
Arizona Gold Corp. provides additional underground drilling resulRead full newsRead More
Bullion prices have been showing strong recovery from key support levels. One reason for this is the ease in US bond yields and the decline in the US dollar, which boosted buying in the safe-haven asset. Commodity prices remained firm during the previous week and the recovery in bullion prices showed some recovery in Chinese demand for the materials. The dollar index fell below the 93 mark and th...Read More
Value stocks usually outperform growth stocks in the very long term. However, the last decade has been quite different, where growth names thrashed value stocks. But things may change post-pandemic. Value stocks seem poised for a handsome upturn, mainly amid the looming economic recovery.Also, as TSX stocks at large linger around all-time highs, investors might turn cautious about their premium va...Read More
The market is extremely expensive right now. Indeed, on a total market capitalization-to-GDP basis, it’s never been this expensive — ever.Accordingly, investors worried about the potential for a market correction (a serious one at that) may want to diversify right now. Indeed, gold is a great diversifier — always has been.Yes, gold prices haven’t performed as well as gold b...Read More
Diversifying a portfolio with gold is one of the best ways to defend volatility and optimize long-term returns. However, what is challenging is finding stocks that are the best in the sector.Well, the fact you’re reading this article is a great thing.That’s because I’m going to dive into two of my top picks in the gold space right now. I’ve got one Canadian pick and one U.S...Read More
Bitcoin and cryptocurrencies have been heating up again. Like back in 2017 and 2018, I don’t think it will end well. Although I think Bitcoin and its miners, like HIVE Blockchain, are great instruments to trade, I still question cryptocurrencies as long-term investments. They have a limited track record, and I can’t say I’m encouraged by their positive correlation to the stock ma...Read More
Historians say people in the Dark Ages gazed at the decaying works of the fallen Roman empire (roads, aqueducts, colosseums) and were disheartened.How could citizens of the past have enjoyed such wonders while people of the present make due without them?How did society backtrack?I think that's how a lot of Americans feel. I know I do. It's hard to read about things like the construction of the H...Read More
Stock markets made a rapid and miraculous recovery from their oversold territory after the pandemic caused a substantial decline across the board. As stocks continue to soar with a little bit of volatility here and there, many value-seeking investors might feel that they have exhausted bargain deals on the stock market.Barrick Gold (TSX:ABX)(NYSE:GOLD) could be an undervalued stock for savvy...Read More
The TSX Index appears expensive today after a huge rally off the 2020 market crash, but savvy investors can still find decent value in a number of top stocks.Dye and Durham could see strong upside in 2021Dye and Durham (TSX:DND) is a provider of cloud-based technology solutions and software targeted at legal firms, financial institutions, and government organizations. The products connect to gover...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) stock has lost almost 35% in the last six months, notably underperforming TSX stocks at large. Its superior financial performance in 2020 has failed to uplift the stock. The yellow metal has been trading weak, which weighed on ABX stock. Has Barrick Gold stock lost its sheen? What should investors do?Barrick Gold stock in 2021Barrick Gold’s scale and operati...Read More
Apr 08, 2021 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings U.S. Treasury Secretary Janet Yellen has proposed a global minimum corporate tax rate for large companies. "We're working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom. Together, we can use the global minimum tax to make sure that the global economy thrives, based on a m...Read More
Apr 08, 2021 Guest(s): Peter Doughtery Argonaut Mining CEO Despite precious metal prices well off 2020 highs, companies in the precious metal sector will continue to organize themselves into larger entities, said Argonaut Mining CEO Peter Doughtery.Doughtery spoke to Kitco on Wednesday. Argonaut Mining (TSE:AR) is an intermediate gold producer with plans for 200,000 to 250,000 gold equivalent ou...Read More
Apr 08, 2021 Guest(s): Jeffrey Christian Another "deep recession" will come, said Jeff Christian, managing director of CPM Group, and when it does, gold will reach new all-time highs."We're going to have more recessions. You can't predict when a recession is going to hit, or how big or how deep it's going to be, but you can predict, with 100% certainty, that there will be future recessions, it'...Read More
Here are five Fastmarkets stories you might have missed on Thursday April 8 that are worth another look.The European Union's second-quarter quota for steel imports opened just one week ago, and some long steel suppliers have already used a large portion of their allocations, with sources expecting long steel volumes to be absorbed very quickly,...Read More
Most futures prices on the London Metal Exchange saw a bounce at the close on Thursday April 8, following the retreat of the US Dollar Index. Nickel's three-month price resumed its upward trajectory on Thursday, reaching an intraday high of $16,875 per tonne - its highest level since early March. The metal closed at $16,828 per tonne, a 1.1% increase on its Wednesday reading of $16,636 per to...Read More
The build-up in expected times to deliver aluminium material out of London Metal Exchange warehouses in Port Klang has created a gap in warrant premiums for the metal unseen since Fastmarkets started covering the market in January 2017.Queue times at some warehouses are reported to be at three months, at least, in some Port Klang warehouses, with other traders telling Fastmarkets that the next ava...Read More
Here are five Fastmarkets stories you might have missed on Thursday April 8 that are worth another look.The European Union's second-quarter quota for steel imports opened just one week ago, and some long steel suppliers have already used a large portion of their allocations, with sources expecting long steel volumes to be absorbed very quickly,...Read More
Here are five Fastmarkets stories you might have missed on Thursday April 8 that are worth another look.The European Union's second-quarter quota for steel imports opened just one week ago, and some long steel suppliers have already used a large portion of their allocations, with sources expecting long steel volumes to be absorbed very quickly,...Read More