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
As the United States government continues to pile up debt, most states are following in its footsteps. Total state government debt now stands at $1.49 trillion with 40 Continue...Read More
Several weeks ago both Gold and gold stocks hit major resistance after strong but extended moves. Continue...Read More
Gold prices rose sharply Tuesday as a significant drop in the U.S. Institute for Supply Management's Continue...Read More
The European charge and high carbon ferro-chrome benchmark has dropped 2 cents to $1.02 per lb for the fourth quarter of 2019. The settlement is announced every quarter by Merafe Resources, which operates a chrome joint venture with trader-miner Glencore in South Africa. The benchmark is a forward-looking price for the coming quarter and some market participants see the small quarter-on-quarter de...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss recession, central bank panic and an outrageous gold price. In our view, gold investors should settle back with some popcorn and enjoy the coming fireworks, which will include the best gold bull market ever, with all the volatility that implies. We see new all-time highs just around the corner. The challenge is to take a position a...Read More
Bob Moriarty of 321 Gold explains why he has been buying shares of this gold explorer with a project in Quebec. I have been pounding the table for months believing we would have a general stock market high in September leading into a giant crash starting in October. And I believed there would be a liquidity event that would blast hell out of the "Everything Bubble."It's here. I also suggested inv...Read More
This is because the trio shares similar and correlatable geology and/or mineralization styles. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) announced in a news release that it determined the Bear-Rimini, Auro and Yuma zones at Dixie all are part of a continuous mineralized system, one which spans kilometers of strike length and remains open along strike and at depth. The company, however, w...Read More
The asset's operator and its royalty holder have reached agreement and clarified the terms of the royalty. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release that it and Wallbridge Mining Co. agreed to amend certain terms and conditions regarding the Morrison royalty, which is Ely Gold's 2% net smelter return royalty on the Wallbridge-operated Fenelon property in Quebec....Read More
The 2020 election could see some major changes in the American economic system.The U.S. 2020 election will be one unlike America has ever seen, predicts oneanalyst.With both sides growing increasingly divided, it's impossible to know which way the sentiment will shift, and what will happen as a result.But one Stansberry analyst has concerns about what the future holds, and how a radicalized presid...Read More
The closely watched ISM manufacturing index cratered to a 10-year low last monthThe Dow got off to a rocky start for October, losing over 300 points after the ISM manufacturing indexhit its worst reading since June 2009. Respondents pointed to an increased impact from tariffs and the ongoing U.S.-China trade war, and this bleak data point sent stocks reeling ahead of next week's expected meeting b...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
The shares are making sharp moves today Anheuser-Busch Inbev NV (NYSE:BUD) is trading down 2.2% today at $93.07, but some options traders apparently are expecting a quick turnaround. The weekly 10/4 series is popular, and on the call side new positions are opening at the 95.50-, 96-, and 96.50-strikes. Those buying the calls expect BUD shares to move higher by the close this Friday, Oct. 4, when t...Read More
FCX is pacing toward its fourth straight lossFreeport-McMoRan Inc (NYSE:FCX) stock is lower with copper prices today, last seen down 4.3% at $9.16, headed toward a fourth straight loss. Nevertheless, options traders are making a beeline toward FCX calls, betting on a big bounce for the mining shares. With just under two hours left in today's trading, around 59,000 calls have changed hands -- doubl...Read More
What has beenwill be again,what has beendone will be done again;there is nothingnew under the sun.Ecclesiastes1:9Historyrepeats itself. Not always, and not 100%, but often enough and to an extentthat’s significant enough to make these repetitions potentially profitable. Inorder to take advantage of this tendency, we created a tool called TrueSeasonals (and we are now providing it free ofchar...Read More
AMTD stock hit a new low earlier on sector headwindsThe U.S. stock market is selling off today after dismal manufacturing data. Among individual names making notable moves are broker TD Ameritrade Holding Corp. (NASDAQ:AMTD), steelmaker United States Steel Corporation (NYSE:X), and chip stock Xilinx, Inc. (NASDAQ:XLNX). Here's a quick look at what's moving the shares of AMTD, X, and XLNX.TD Amerit...Read More
Call buying has been hot on ZTS, but call writers have focused on the October 125 callZoetis Inc (NYSE:ZTS) has been on a brilliant run higher this year, up 46% in 2019 and touching an all-time high of $130.08 on Sept. 9. Following a brief pullback, options traders have been betting on another run higher, with call buying ramping up at theInternational Securities Exchange (ISE), Cboe Options Excha...Read More
Clive Maundoriginally published Sunday, September 29, 2019Whilst we are in complete agreement with Egon Von Greyerz of GoldSwitzerland, about the exceptionally positive mid and long-term outlook for gold and silver which will soar as the monstrous global debt bubble implodes, there is the small matter of what will happen to them when the debt junkies go "cold turkey" if there is a sudden liqui...Read More
By: Gary SavageGold is still very early into its daily cycle lower:Read More
By: Ira EpsteinSeptember was a crazy month. Gold heading back to $1,450? Under the $1,511 18-day moving average. Gold is oversold. Read More
The Dow has explored a more than 350-point trading range today alreadyThe Dow Jones Industrial Average (DJI) has relinquished an early morning lead,after the Institute for Supply Management's (ISM) manufacturing index fell to 47.8% in September -- its lowest level in over 10 years -- indicating trade tensions are creating a headwind for the U.S. economy. Shortly after the report was released, Pres...Read More