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
A rupture in a tailings dam at Vale's Feij??o mine in the city of Brumadinho, in the state of Minas Gerais in south-east Brazil, has flooded the company's administrative facilities and part of the nearby Vila Ferteco community. "There is no confirmation about injured people at the site," Vale said on Friday January 25. "[The company's] top priorities right now are preserving and protecting the liv...Read More
How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More
NVDA is reacting to earnings from Intel and Western DigitalIt's been a choppy trading session for Nvidia Corporation (NASDAQ:NVDA) stock. The shares fell to their intraday lows early on a negative earnings reaction for Intel (INTC) and a downshift at Jefferies. However, NVDA stock was last seen up 1.4% at $160.07, potentially getting a halo lift from Western Digital (WDC), which is popping on an u...Read More
Citron thinks one U.S. Representative will be positive for the social media concernThe Dow is cruising today toward its longest weekly winning streak since August. Among names making notable moves are blockchain concern Overstock.com Inc (NASDAQ:OSTK) and social media entity Twitter Inc (NYSE:TWTR) are higher, while medical device maker Helius Medical Technologies (NASDAQ:HSDT) is lower. Below, w...Read More
Fresh restrictions on production planned for China's steelmaking hub of Tangshan in the northern region do not appear to have had any effect on steel prices, market sources told Fastmarkets MB.Local authorities intend to extend production limits imposed on heavy industries beyond the winter heating season - which concludes at the end of March - to the April-September period to preserve air quality...Read More
The gold miners’ stockshave slumped in January, tilting sentiment back to bearish. This sector’s strong December upward momentumwas checked by gold’s own upleg stalling out. Gold investment demand growth slowed on the blistering stock-marketrally. But uplegs always flow and ebb,and this young gold-stock upleg merely paused. The gold miners’ gains will...Read More
SIRF suggests the drug maker is "exploiting gaps" in the U.S. healthcare systemThe shares of drugmaker Corcept Therapeutics Incorporated (NASDAQ:CORT) are lower today, as traders digest a scathing report from the Southern Investigative Reporting Foundation (SIRF). In a nutshell, the report says Corcept epitomizes what's wrong with the U.S. healthcare system, laying out a case that the "small compa...Read More
GoldSeek Radio's Chris Waltzek talks to Bill Murphy of the Gold Anti-Trust Action Committee and La Metropole Cafe. (http://www.gata.org/ http://www.lemetropolecafe.com/)Please Note that the video is not included in this version, but will be in the future.Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling b...Read More
By: Ira EpsteinStrong US Dollar has taken gold and silver out of their respective uptrends:Read More
If you have strong feelings about how the week is going to end on Wall Street, then perhaps you don't understand the situation. Although there was no bullish buying to speak of in the last five days, neither, evidently, was there any enthusiasm for dumping shares. The result was that the broad averages wedged a few inches higher, setting up a potential breakout that could see the Dow gain as muc...Read More
Trade, earnings, and politics dominated headlines this weekTraders had a ton to digest this week, especially considering it was cut a day short for the Martin Luther King Jr. holiday on Monday. Fourth-quarter earnings season was in full swing, but constant buzz around U.S.-China relations, the government shutdown, and the Fed kept shifting Wall Street's attention seemingly hour to hour. As of this...Read More
WSJ: The Fed's balance sheet unwind could end sooner than expectedWith an end hopefully in sight for the now record-breaking government shutdown, and after upbeat comments about U.S.-China trade negotiations from Treasury Secretary Steven Mnuchin, the Dow Jones Industrial Average (DJI) is up more than 200 points -- now pacing for its fifth consecutive weekly win, and its longest weekly win streak...Read More
The “Green New Deal” endorsed by Rep. Alexandria Ocasio-Cortez, D.-N.Y., and more than 40 other House members has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it. However, taxing the rich is not what the Green New Deal resolution proposes. It says funding would come primarily from certain public agen...Read More
Stabilizing prices this month have lifted the gloom from China's steel sector, resulting in the emergence of optimism for the market after the Chinese New Year.Toward the end of 2018, most market participants had been pessimistic about Chinese steel prices, particularly those for flat steel, with the key automotive industry experiencing its first sales decline since the 1990s last year."Market par...Read More
Citrix Systems stock gapped lower post-earnings yesterdayCitrix Systems, Inc (NASDAQ:CTXS) gapped lower yesterday, Thursday, Jan. 24, in the wake of a subpar quarterly report. This triggered three price-target cuts to the software name, including to $110 from $115 at Wedbush. However, it's not all bad news: that drop has put CTXS in touch with a trendline with historically bullish implications....Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Saudi Arabia isn’t buying the peak oil demand narrative. OPEC’s largest producer continues to expect global oil demand to keep rising at least by 2040 and sees itself as the oil producer best equipped to continue meeting that demand, thanks to its very low production costs.Saudi Arabia will be the one to pump the last barrel of oil in the world, but it doesn’t see the &lsqu...Read More