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

China's domestic rebar prices held steady on Tuesday September 17 amid falling futures and an inactive market. Domestic Eastern China (Shanghai): 3,720-3,750 yuan ($526-530) per tonne, unchangedNorthern China (Beijing): 3,640-3,670 yuan per tonne, unchangedSellers kept their prices flat to wait for more changes in the futures market, sources said.Market participants did not see a clear trend in th...Read More

Chinese officials will be in America this week to hold meetings with the U.S. ahead of high-level trade talks in October.Continue...Read More

Property receives first drilling in more than a decade. Black Tusk Resources Inc.'s (TUSK:CSE; BTKRF:OTC) 100%-owned Golden Valley property is located in the highly prolific Abitibi Greenstone Belt in northwest Quebec. The belt has produced more than 100 mines and 170 million ounces of gold since the early 1900s. Golden Valley is in a world-class mining area, located about 26 kilometers from the...Read More

The new arrangement will go into effect at the end of this month. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) announced in a news release it reached an agreement to reacquire all of its gold offtake for about $80 million on Sept. 30, 2019. In doing so, it will eliminate its 2015 construction financing package. "Brucejack's robust cash flow has enabled us to pay down the con...Read More

Most recent exploration work, specifically a drill program, was done there between 2005 and 2007. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release that its subsidiary Nevada Select Royalty acquired 100% of the Scoonover Royalty in Nevada for $25,000 from a third party.The Schoonover royalty is a 1% net smelter return royalty covering 110 unpatented mining claims on two...Read More

The reasons to be optimistic about this company are covered in a BMO Capital Markets report. In a Sept. 11 research note, analyst Andrew Kaip reported that his firm BMO Capital Markets upgraded its rating to Outperform and raised its target price to $50 per share from $40 on Newmont Goldcorp Corp. (NEM:NYSE). Driving those positive changes are BMO's improved outlook for the mining company and the...Read More

The export price for Chinese ferro-silicon, which earlier this month hit a 27-month low amid persistent weak demand and tough international competition, stabilized in the week to Friday September 13 but spot buying interest was negligible. Chinese market stabilizes losses but this was viewed as a pause amid consumer absence.  European price range narrowed lower while suppliers await fourth-q...Read More

Low-grade manganese ore cif prices fell over the past week, with some buyers holding back from purchasing in the hope of lower prices. 37% cif China prices fall in response to low demand High-grade ore price stable Alloys in India fall again, sparking output cuts Weak market dampens European alloy prices Alloy prices stable in the United StatesThe low-grade seaborne manganese ore price in China co...Read More

The European ferro-vanadium market continued its downtrend last week amid thin spot buying and prevailing bearish sentiment. European ferro-vanadium price continues downtrend on sluggish trading Chinese ferro-vanadium price stable in quiet spot market Wide China-Europe price gap remainsChina's V2O5 export price continues to sink, tracks the trend in the domestic marketThe ferro-vanadium export pr...Read More

The Fed meeting will wrap up tomorrowThe Dow muscled higher by the close, erasing earlier losses in afternoon trading. The S&P 500 and Nasdaq eked out wins, too, thanks to trade tailwinds, with U.S. President Donald Trump telling reporters aboard Air Force One that a deal with China could potentially come soon. After yesterday's historic gain, oil prices pulled back today after Saudi Arabia's ener...Read More

Hindenburg Research called BE an "obvious bankruptcy candidate"Bloom Energy Corp (NYSE:BE) stock is spiraling today, after Hindenburg Research issued a scathing report on the solid oxide fuel cell specialist. The short seller called BE an "obvious bankruptcy candidate," and said the firm will likely "wind up in the history books alongside failed companies like Theranos or Solyndra."In its note, Hi...Read More

Short-term PG options are relatively cheap at the momentConsumer products powerhouse Procter & Gamble Co (NYSE:PG) has been driving up the charts since last October. PG has tacked on 46% over the past 12 months, and now sits above its $300 billion market cap. With this foundation in place, now is the perfect time to buy calls. The security's Schaeffer's Volatility Index (SVI) of 17% ranks in...Read More

PLUG is running into technical resistance, thoughPlug Power Inc (NASDAQ:PLUG) announced this morning that the company is continuing its partnership with Europe's Engie to expand renewable energy services around the globe. Still, PLUG shares were last seen down 2.2% at $2.70, stalling out again in the $2.80 region that's capped previous rallies this year. This comes after a sharp bounce from the 20...Read More

Both bulls and bears are getting in on the actionIt's been a volatile week for oil prices, which nabbed their biggest one-day gain in a decade yesterday on news of weekend airstrikes against Saudi Arabian crude production facilities. Today, October-dated crude futures are down 4.6% at $59.98 per barrel, after Reuters reported Saudi Arabia will restore output earlier than anticipated. This whipsaw...Read More

Gold has been on a tear lately. This has lead to many of you asking me why the precious metal is breaking out and if this is the start of the next bull market.Gold is rallying primarily due to central bank issuing forward guidance. What I mean by this is that globally central banks have made it clear that they are going to be cutting rates and launching new QE programs going forward.This is result...Read More

Way back in January, I showed you that the price of gold had beaten the S&P 500 Index over a number of different time periods, including the month, quarter, year... and even the century (so far!).Last week it was brought to my attention recently in a tweet by Charlie Bilello, director of research at Pension Partners that the yellow metal has also outperformed arguably the greatest living investo...Read More

By: Ira EpsteinGold should have risen $30-40 off the Saudi attack news. Daily gold chart is not looking so bullish..Read More

Inability of gold and silver to rise yesterday, in my view was just profit taking and nothing else. Most of the traders were long or are long before the FOMC tomorrow. So basically zero effect on intraday price move. However gold and silver have risen in all currencies except the US dollar. Gold prices rose in Indian rupees and other Asian currencies. Another reason to short the US dollar Index...Read More

Bank stocks have been booming this monthBank stocks have roared higher in September, with the Financial Select Sector SPDR Fund (XLF) up roughly 9% since a late-August bounce off familiar support near $26. The fund gapped above the $27 level earlier this month as the broader equities market rallied on upbeat U.S.-China trade headlines, and strung together a five-day winning streak last week. And t...Read More

On the weekend, there was a drone attack against theworld’s largest oil processing facility and a major oilfield in Saudi Arabia.Oil prices have predictably spiked, but how will this geopolitical shock affectthe gold market in the days ahead? WhatHappened?On Saturday, the drone bombings struck the Abqaiqoil-processing plant and the Khurais oil field in Saudi Arabia. Both areimportant facilit...Read More