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
I would like to take more time every few weeks to address some of the questions we get. And I want to hear more from you. Share your successes with me. Share you concerns. Continue...Read More
Vancouver-based Genesis Metals Corp. has updated the resource estimate for its Chevrier gold project 30 km southwest of Chibougamau. Genesis is the 100% owner of the property.The estimate includes both the main and east zones, the east zone being 10 km northeast of the main zone. The main zone contains indicated resources totaling 10.8 million tonnes grading 1.22 g/t gold for 423,000 oz. of gold....Read More
A Canaccord Genuity report highlighted the investment points for this company with an early-stage Red Lake project. In a Feb. 4 research note, analyst Kevin MacKenzie reported Canaccord Genuity initiated coverage on Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) with a Speculative Buy rating and a CA$4.75 per share target price. The current share price is about CA$3.14 per share. "We highlight...Read More
Sector expert Michael Ballanger explains how he plans to play the most recent moves in the stock and precious metals markets. On Dec. 24, 2018, with the S&P 500 trading at 2,351, I tweeted out the following comment concerning the crash in the S&P 500: "The time to be short has passed. . ." The RSI (Relative Strength Index) was under 20 and a new bear market had finally (technically) arrived. Yet,...Read More
A CIBC report reviewed the production levels this metals company achieved and the capital it spent during the quarter. In a Jan. 30 research note, analyst Anita Soni reported Newcrest Mining Ltd.'s (NCM:ASX) gold and copper production in Q2 FY19 (ended Dec. 31, 2018) were a beat. Newcrest produced 655,000 ounces (655 Koz) of gold in Q2 FY19, 19% higher than "the relatively weak Q1 FY19," Soni wro...Read More
The company's efforts advance the high-grade project toward production. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release it initiated its 2019 phase 2 resource expansion program at its Copperstone mine in Arizona. With the maximum 15,000 meter (15,000m) underground program, Kerr aims to add another three to four years to the mine life, taking it to eight, at a rate of 3...Read More
According to a new report by the World Gold Council, holdings in global gold-backed ETFs rose 72 tonnes in January to reach 2,513 tonnes (80.8m troy ounces), hitting the highest levels in nearly six years.In dollar terms net inflows in January equaled $3.1B with the value of gold held in ETF vaults reaching just shy of $107B by the end of the month, a 6% increase.January was the fourth consecut...Read More
The company will include these results, which confirm the resource remains open, in an updated estimate. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) reported in a news release the results for the last of the 143 holes it drilled at Dark Star "continue to confirm that oxide gold resource expansion remains open in multiple directions." Dark Star is the deposit on Gold Standard's Railroad-P...Read More
Sector expert Michael Ballanger discusses the Federal Reserve and precious metals. Upon reflection back to kinder, gentler times before interventions and the emergence of central bankers as modern-day messiahs, it is noteworthy that every January dawning back to 2001, the precious metals "guru" community makes their usual bombastic pronouncements claiming that "(INSERT YEAR) WILL BE THE YEAR THAT...Read More
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially defined in its 2018 phase three resource definition drill program.Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold from 227 metres downhole including 1 metre at 466...Read More
Saudi Arabia will invest around $3.8 billion to enhance access to geoscience data and reduce regulatory red tape as it looks to boost mineral exploration, senior government officials said on Wednesday.Government plans to jump-start the Saudi mining sector form part of a broader industrial strategy aimed at diversifying the economy and attracting private-sector investments worth 1.6 trillion riyals...Read More
Shares in Calidus Resources (ASX:CAI) soared 25% Wednesday after the company increased the mineral resource at its Warrawoona gold project in Western Australia's Pilbara region by a whopping 75%.The new mineral resource estimate now sits at 21.2 million tonnes grading 1.83g/t gold for 1.25 million ounces.About 64% of the new resources is in the confident indicated category status, with the higher-...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/forge...Question 1. Phillip J: You said there will come a time to invest in the stock market. You also said gold performs better than the stock market overall. Why not just invest in gold and forget about the stock market forever?Question 2. John C: So, why not QE infinity? Fed doesn't seem too worried about the astronomical debt that...Read More
The Australian Bureau of Statistics issued a report this week that shows that the country's mining sector set a new record for exports in 2018."Australia's resources exports - including minerals, metals and petroleum - generated $248 billion in revenue. This is the highest-ever annual export value and accounted for 72 per cent of Australia's goods exports," the Minerals Council of Australia said i...Read More
The State of the Union Event was a sight to behold! Pelosi was totally disheveled juggling papers, Alexandria Ocasio-Cortez pouted like a child, Bernie Sanders was called a sexist racist for "Trumping" the Official Democratic Response and the women Democrats dressed in white hooted and hollered giving Trump THREE Standing Ovations! Trump worked EVERYBODY in Congress like the Puppet Master he is!Bi...Read More
"In future, Facebook will no longer be allowed to force its users to agree to the practically unrestricted collection and assigning of non-Facebook data to their Facebook user accountsContinue...Read More
Prices for domestic hollow steel sections in Europe were unchanged on Wednesday February 6 but increases are likely over the coming sessions, market participants told Fastmarkets MB.Fastmarkets MB's domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week on Wednesday at ?,?630-640 ($719-731) per tonne delivered.The European...Read More
The security was forming a bullish pattern on the chartsSubscribers to Schaeffer's Weekly Options Countdown doubled their money with the Home Depot Inc (NYSE:HD) weekly 2/1 175-strike call. Here's a quick look at why we expected an outsized move from the home improvement retail stock, and how the profitable options trade unfolded.At the time of our recommendation on Sunday, Jan. 27, HD had already...Read More
A few simple tools can help anyone make smarter trades.It used to take years of practice and hours of research to consistently make winning trades in the stock market, but nowadaysfinding profitable trades shouldn't have to be a full-time job. In fact, trading like a pro can really be as easy as 1-2-3, with the right tools and technology!According to one company, there's a simple recipe that can...Read More
The Dow and Nasdaq are barely in the black for the week after today's sellingIt was a risk-off session on Wall Street, sending the Dow to a more than 200-point loss. Bears emerged early on due to fresh signs of a slowing global economy, and discouraging headlines on U.S.-China trade talks only brought more sellers to the table. Despite a few encouraging earnings reports, including Chipotle's (CMG)...Read More