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
CNN, Facebook and U.S. funded German Marshall are working together to selectively censor pages on Facebook. The latest, 3 pages which get funding from Russian government but have not broken any Facebook rules.Read More
"People connecting with Pages shouldn't be misled about who's behind them. Just as we've stepped up our enforcement of coordinated inauthentic behavior and financially motivated Continue...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/febru...Question 1. AK: Hi Lynette and Eric, when you do your Q&A could you please say in very lemans terms why Lynette thinks the economy will crash on Feb. 26th.Question 2. Dan H: The New Zealand central bank holds no gold! Any idea what happens to the country's that don't hold gold during and after a reset?Question 3. Steven L: I d...Read More
"This sustained loss of momentum highlights the urgency of reducing trade tensions, which together with continued political risks and financial volatility could foreshadow a broader Continue...Read More
Sixteen states sue Trump over border wall emergency. Is it good or bad for the yellow metal?Trump's national emergency and goldOn Friday, President Trump declared a national emergency to obtain funds for building a wall along the U.S.-Mexico border, which was his key promise during a campaign. According to the President's proclamation :the current situation at the southern border presents a borde...Read More
Soaring home prices are making it impossible for the country's average citizen to buy a home. And that damages the country's long-term growth prospects, far more than the trade war. Continue...Read More
"Why if it was so bad here he did not go to another place to live?"Continue...Read More
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ontario, could increase the project's gold recovery 13.2% to 90.6% and silver recovery 11.9% to 95.1%.M3 Engineering and Technology and ALS Metallurgy completed the flotation testwork on material from Springpole. They then performed...Read More
Investors are looking for higher gold prices, and with good reason, said George Milling-Stanley, head of gold strategy at State Street Global Advisors. "The middle two quarters of 2018 were bad for gold because the dollar was extraordinarily strong, so was the domestic equity market in the U.S. The influence of all that tended to wane in December so gold picked up very, very nicely," Milling-Stanl...Read More
Toronto-based Nighthawk Gold Corp. continues to explore its Indin Lake gold property. Work done in 2018 included 2,153 grab and channel samples that led to the discovery of new high grade gold showings.Gold showings and targets at the Indin Lake gold property. (Image: Nighthawk Gold)The company also drilled the first ever holes at the Swamp target. This is a newly defined and laterally extensive g...Read More
OceanaGold Corp's. (TSX: OGC; ASX: OGC) stock was up 5.4% on Tuesday after reporting annual revenue in 2018 of $773 million and net profit before unrealised gains or losses on undesignated hedges of $124 million.Earnings before interest, tax, depreciation and amortization (EBIDTA) came in at $364 million.The company generated about $121 million in free cash flow, $346 million in operating cash f...Read More
Gold jumped out of the gate on Tuesday following a long weekend for North American markets, adding more than $22 an ounce in heavy buying.Gold for delivery in April, the most active futures contract, reached a high of $1,345 an ounce, the highest in 10 months after more than 32m ounces changed hands in New York.Institutional and retail investors have piled into gold in recent months. Holdings in g...Read More
South Africa's Association of Mineworkers and Construction Union (AMCU) on Tuesday called on its members at Sibanye-Stillwater's platinum operations to embark on a secondary strike over job cuts and wages.Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs in a potential restructuring of the company's gold mining operations - where AMCU has been on strike since mid-November over...Read More
The key to getting monster-sized returns in mining equities is to be small, according to managers of the Plethora Precious Metals Fund.With only 18 million euros ($20 million) in assets, Plethora Precious Metals is a minnow in contrast to giants such as Blackrock Inc. and Vanguard Group Inc. While investment funds generally try to increase assets to share success and rake in higher fees, this Dutc...Read More
Chile's Superintendency of the Environment (SMA) filed charges against Lumina Copper on Tuesday for infractions to the provisions established in its Resolutions of Environmental Rating (RCA), both at the Caserones mine and the Electric Transmission Line necessary for the development of the project.Lumina Copper faces fines of up to $54.8 million for infractions to the provisions established in it...Read More
For all the attention lavished on gold for its relative durability during this global dash into risk, the real story could be the companies digging it out of the ground.A growing chorus of big names - including everyone from the quants at Bernstein to Pictet's multi-asset team - is turning increasingly bullish on miners as late-cycle angst and industry shifts make conditions ripe for a prolonged r...Read More
Peter Epstein of Epstein Research discusses a gold explorer's most recent news and explains why it could be transformational for the company.Every once in a while, one comes across a press release that is so informative and well done, that it really stands out. I thought that NuLegacy Gold Corporation's (NUG:TSX.V; NULGF:OTCPK) press release of February 11 was one of the best I've read in a long,...Read More
* AngloGold reports earnings rise* Looks to sell interest in Cerro Vanguardia* Approves Quebradona project feasibility study (Recasts with asset sale, adds CEO comments)South Africa's AngloGold Ashanti said on Tuesday it was putting its interests in an Argentine mine up for sale as it looks to focus on operations with a longer shelf life and ability to deliver higher returns.AngloGold Chief Execut...Read More
John-Mark Staude, president and CEO of Riverside Resources, talks with Maurice Jackson of Proven and Probable about successes in 2018 and the outlook for 2019. Maurice Jackson: Joining us for a conversation is Dr. John-Mark Staude, the president and CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), where knowledge is golden. Dr. Staude, welcome to the show, sir.John-Mark Staude: Thank you...Read More
United States gold giant Newmont Mining (NYSE:NEM) has cleared one of the regulatory hurdles for its planned mega- merger with Canada's Goldcorp (TSX: G), a combination that would create the world's largest producer by output, challenging Barrick's recently cemented supremacy.The Denver-based gold miner said the Canadian Competition Bureau had green-lighted the $10-billion stock-for-stock trans...Read More