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
Before 2011, Cameco (TSX:CCO)(NYSE:CCJ) had it made. The stock was sitting at $40 per share, looking to hit the $50 range, as it had only a few years before.Then the Fukushima nuclear reactor disaster happened. Investing in nuclear reactors after such a tragedy no longer seemed possible. But time heals all wounds, especially in the stock market.Fast forward to 2019, and things are looking up fo...Read More
European miners will maintain their position at the forefront of integrating technology, particularly in more developed markets, due to a highly skilled workforce and high levels of connectivity among the more developed economies, a regional overview published by Fitch Solutions reports. On a more sombre note, analysts predict high costs, a weak project pipeline and conservative company strate...Read More
There are quite a few stocks on the TSX index with high growth statistics; however, for stocks that pay no dividends, a capital gains investor would want to see a decent amount of momentum. Below are a few high-profile stocks that have had their data analyzed, from the five-year betas to future cash flow evaluations.CannTrust Holdings (TSX:TRST)While revenues were up, third-quarter profits for Can...Read More
Pacific Bay Minerals (TSXV: PBM) has extended the Meteor Boot zone 20 metres southeast at its Haskins-Reed polymetallic project in northern B.C. with a recent, seven hole, 448 metre drill program.The company tested targets near the Meteor zone, where 2011 drilling cut 17.5 metres grading 88.35 grams silver, 1.11% lead and 3.39% zinc.Highlights from the company's recent drill program include 5.2 me...Read More
The following three stocks have been chosen for the defensive nature of their respective industries: namely, banking, gold mining, and funerary services. These are, without a doubt, three industries that are likely to continue to do steady business during an economic downturn; each stock chosen is representative of its industry and boasts the kind of stats indicative of a solid TFSA or RRSP filler...Read More
Bedford-based RosCan Gold (TSXV: ROS) announced this week positive assay results from an initial Air Core drilling program at its Kandiole project in western Mali.The project is comprised of five permits of contiguous land in the Birimian Rocks, east of B2Gold's Fekola mine and Iamgold's Boto and Diakha deposits.In a press release, RosCan said that the drilling program was completed in December 20...Read More
Canada's Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha - Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.In a press release, Mirasol explained that under the terms of the agreement, it can acquire 100% of the Marcelina claims from a pri...Read More
As early as next week, iron ore prices may start to reflect the impacts of Vale's dam bursting at Corrego de Feijao in Brumadinho, Minas Gerais, according to an analysis by S&P Global Platts.The effect on supply will be felt in the markets at the end of Q1, when other participants had expected an increase in demand from the Chinese plants that will soon be restocking and increasing their capacity...Read More
Gold output for the six-month period was 81,014 ounces, up 54.2% year-on-year, with production from Barberton up 24.5% to 50,0556oz and Elikhulu contributing 15,292oz. Pan African said Read More
Gold futures settled above $1,300 an ounce on Friday, with prices for the yellow metal at their highest since June as the U.S. dollar pulled back and investors eyed geopolitical turmoil and global growth worries. Rising gold prices reflect "political uncertainty" in the U.S., Eurozone, Venezuela and pockets of South America, as well as China-U.S. trade talks, said George Gero, managing director at...Read More
In his latest Howe Street broadcast, Bob Hoye from ChartsandMarkets.com likes the way gold has been acting since its washout. Meanwhile, he believes the Fed will likely follow market rates by eventually cutting administered rates.Click to listenHoye suggests a rebound in the S&P 500 from the hit in Christmas would be expected, and that is what happened. But, Hoye further suggests that as of a wee...Read More
*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerPassing the US in terms of retail sales, China's economy appears to show more growth than many think. But a close look at their housing market might suggest otherwise...*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerHarry Den...Read More
David Stockman, former congressman and budget director for President Ronald Reagan joins Sprott Media's Remy Blaire at the NASDAQ MarketSite. Stockman warns of a stock market correction and looming political crisis in the U.S., while observing that the Federal Reserve is "out of dry powder." David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Just a forewarning, this is one of the most controversial Conversations With Casey we've ever published. You might want to skip reading this one if you're easily offended.Continue...Read More
Around 20,000 Nigerian girls and women are being held in Mali as sex slaves. That's according to the head of Nigeria's anti-trafficking agency. They are reportedly being held deep inside forests with little chance of escape.Read More
It is interesting to watch how the press spins the fact that Trump has agreed to fund the government for three weeks. Our computer strangely was picking the week of FebruaryContinue...Read More
Continue...Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund manager...Read More
Andrew Zatlin has turned bearish on the economy and employment. We've plateaued and that means it's down from here. How we get there is the question. Obviously, central banks will be pumping in liquidity like crazy. China is already doing it now. A new infrastructure bill is coming to the USA. But will it be enough?Read More
Link to slides and sources: https://www.itmtrading.com/blog/great...Trade wars continue between the US and China, the two largest global economies. In the US, they say the trade war is having an impact on China's economy, which is certainly true, but on May 11, 2017, China's shorter-term debt interest rates rose above longer term debt in a yield curve inversion, one of the most accurate predictors...Read More