By unanimous vote on March 8, the West Virginia Legislature approved Senate Bill 502, originallyContinue...Read More
One may say that not much has happened last week in case of gold and silver, but it's impossible to describe the action in mining stocks in the same way. Miners started the previous week with a slide only to come back with vengeance before the week was over, changing the short-term picture for the entire sector. The weekly price changes show little changes as long as you only have a quick glance a...Read More
Platinum has a brief but clear history as a leading indicator for Gold.Continue...Read More
Technical analyst Clive Maund charts gold and discusses the factors he believes point to an iminent rally. I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto. . ."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!! - Can you say WOW!!!!!!!!!!". . .and while I myself wo...Read More
Technical analyst Clive Maund looks at the silver charts and discusses the metal's upside potential. There were several developments last week that taken together suggest that the short-term bearish scenario set out in the Gold and Silver Interim update about a week ago is not going to materialize and instead that the original grander scenario described in the last full Silver Market update is go...Read More
In conversation with Maurice Jackson of Proven & Probable, the executive chairman for this Canada-based company provides updates on operations and acquisition of permits for its flagship project. Maurice Jackson: Joining us for a conversation is Dan Weir, the executive chairman for DNI Metals Inc. (DNI:CSE; DMNKF:OTC), which is establishing itself to become one of the world's leading graphite pro...Read More
Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then...Read More
Barrick Gold Corp. boosted Executive Chairman John Thornton's total compensation last year 67 percent to $12.9 million, rewarding the former investment banker for the company's performance and his role in the merger with Randgold Resources Ltd.Thornton received a $9.74 million bonus on top of his $2.5 million salary, according to a regulatory filing Friday. He used most of the after-tax proceeds o...Read More
The Dow tanked on Boeing headwindsThe Dow stood no chance against heavyweight Boeing (BA) stock in today's trading, closing 84 points lower after the aerospace giant announced a notable cut to its 737 MAX 8 production. The S&P 500 and Nasdaq showed resilience, though, thanks to Apple's (AAPL) impressive 1.6% surge, with the former bringing its daily win streak to eight -- the longest since October...Read More
The bank stock just ran into a formidable trendlinePNC Financial Services Group Inc (NYSE:PNC) will join bank peers JPMorgan Chase (JPM) and Wells Fargo (WFC) in the earnings confessional on Friday. Since bottoming out at two-year lows in late December, PNC stock has managed an 18% rebound. However, a bearish signal just flashed on the charts that, if history is any indicator, might make traders w...Read More
Not all stocks are falling todayThe U.S. stock market is lower today on stiff Boeing (BA) headwinds. Among other stocks making notable moves are electronics and entertainment magnate Sony Corp (NYSE:SNE), cybersecurity specialist Symantec Corporation (NASDAQ:SYMC), and movie theater name AMC Entertainment Holdings Inc (NYSE:AMC). Here's a quick look at what's moving the shares of SNE, SYMC, and AM...Read More
Analysts remain optimistic, despite the stock's recent strugglesThe shares of Boeing (BA) supplier Allegheny Technologies Incorporated (NYSE:ATI) are down 2.6% to trade at $26.75 today, and earlier ATI was one of the worst stocks on the New York Stock Exchange (NYSE), after Boeing's decision to cut production of its 737 aircraft. In response to the news, ATI's normally barren options activity ha...Read More
Bilibili stock has moved higher from its IPO price of $11.50Chinese video concern Bilibili Inc (NASDAQ:BILI) is down 0.06% at $18.01 in today's trading, the shares still struggling to maintain positive territory following last Thursday's pullback near the round $17 level. However, during this same time frame, BILI moved to within one standard deviation of a key trendline -- one which also holds h...Read More
Call buying has been popular on AAXNAxon Enterprise Inc (NASDAQ:AAXN) is trading 4.7% higher at $60.46, after Raymond James upgraded the stock to "strong buy" from "outperform," expecting strong sales growth over the next three years. In fact, the brokerage firm believes AAXN stock could rise to $100 in 2021, and that the company's new line of products could double subscriber growth by 2022. As su...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
By: IRA EPSTEIN Is Gold Building a Base or a Top?Read More
Trump wants interest rate cuts this year. His strategy is simple: Weaken the US dollar ? A weaker US dollar will help US exports and also reduce import ? Higher employment will be there if interest rate cuts are there and the US dollar also weakens. The ultimate goal of all these moves is to get a re-nomination next year and also win next year presidential elections. The fallout of a weaker US d...Read More
Europe’s 2nd biggest gold mine could beabout to make early investors rich.This story beginsover 2,000 years ago when the Romans dug up $16.8 billion in gold in Romania...Using hammers and buckets. And now a little company with big ambitionsis coming back to the same site to unearth the rest. Using modern technology, they’re hoping to exploit an estimated$13.3 billion find. Smart invest...Read More
The shares are pacing for their best day since NovemberThe shares of CBD-infused drink maker New Age Beverages Corp (NASDAQ:NBEV) are in rally mode today, after the company inked its first national distribution agreement. Specifically, New Age's Marley Mate brand ofdrinks will soon hit Walmart (WMT) shelves. Against this backdrop, NBEV stock is up 18.7% at $5.67, and options traders are swarming.N...Read More
Progress in US-China trade negotiations over the weekendhelped push up base metals prices on the London Metal Exchange in early morning trading on Monday April 8. Further progress on US-China trade negotiations was reported over the weekend by Chinese state media CCTV. The overall tone was positive, with CCTV claiming that both sides are working on a draft to address technology transfers, pro...Read More