David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Miramont Resources (CSE: MONT; US-OTC: MRRMF) cut significant mineralization during the 3,600 metre drill program at its Cerro Hermoso polymetallic project in Peru in one zone but limited mineralization in two others.The company tested Cerro Hermoso's Central Breccia zone, Stockwork zone and Carbonate Replacement zone. While it encountered short intervals of anomalous mineralization in the Stockw...Read More
Transaction prices for grade-304 stainless steel cold-rolled (CR) sheet in Europe remained static in the week ended Friday April 12 despite some mills continuing to offer material at inflated levels.Offer prices for grade-304 CR sheets were heard as high as ?,?2,350 ($2,648) per tonne delivered during the week, the same level as in the previous week.Despite these offers, Fastmarkets' price assessm...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Brazilian President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.The National Reserve of Copper and Associates (Renca) occupies roughly 17,800 square miles (46,100 square kilometers), an area slightly larger than Denmark, that is...Read More
GoldSpot Discoveries (TSXV: SPOT) and Gran Colombia Gold (TSX: GCM) announced that they have established a partnership to use machine learning to identify new drilling targets at the Segovia operation located in the Segovia-Remedios mining district of Antioquia, northwestern Colombia."With the recent closing of a C$20-million private placement, Gran Colombia plans to dramatically accelerate the ex...Read More
Everyone has been there: Times are good for a while and it starts to seem reasonable to buy - or agree to - things you want but don't need. Later on, when money gets Continue...Read More
Alan M. Dershowitz is the Felix Frankfurter Professor of Law, Emeritus, at Harvard Law School. His new book is "The Case Against the Democratic House Impeaching Trump." Continue...Read More
Each Friday we highlight a number of important, and often bizarre stories from around the world that my team and I are closely following:Continue...Read More
Chevron's $33 billion acquisition of Anadarko has lit a fire under the oil patch as investors are now speculating that the energy sector will see a new wave of consolidation Continue...Read More
Life in the world of gold bullion is full of mysteries. Each mystery is like a straw in the wind, which Continue...Read More
Technical analyst Clive Maund charts an Australian magnetite producer and explains why he is bullish on the stock. Grange Resources Ltd. (GRR:ASX) is an Australian magnetite producer that is just beginning what should turn out to be a major bull market, as we can see on its charts below, and it looks like a most worthwhile addition to any Australian resource stocks portfolio. There are a hefty 1....Read More
UK and European steel market participants renewed calls for the European Union and the United Kingdom to reach an agreement and avoid continued market uncertainty after the UK was granted a six-month extension to delay Brexit until Thursday October 31. The latest extension has also averted the prospect of the UK having to leave the EU without a deal on Friday April 12. A "no deal" Brexit would mea...Read More
The Dow closed more than 269 points higherU.S. stocks closed comfortably in the black following a strong start to first-quarter earnings season. The Dow jumped 269 points on the back of impressive results from bank giant JPMorgan Chase (JPM), while Walt Disney (DIS) had its best day since May 2009 thanks to Disney+ details. The S&P 500 and Nasdaq surged, as well, with the former settling above the...Read More
The downside comes even amid an up day for the broader stock marketThe U.S. stock market is solidly higher today, boosted by an impressive start to earnings season and optimism over Disney's new streaming service. Among other names making notable moves are food delivery name GrubHub Inc (NYSE:GRUB), energy drink manufacturer Monster Beverage Corp (NASDAQ:MNST), and oil-and-gas issue Chesapeake Ene...Read More
ANTM and UNH are set for their worst weeks in a decadeThere's been a lot going on in the healthcare sector lately, and the uncertainty is weighing on a number of stocks in the space. In fact, the Health Care Select Sector SPDR ETF (XLV) is off another 0.5% today at $90.17, and two specific names joining in on the weakness are Anthem Inc (NYSE:ANTM) and UnitedHealth Group Inc (NYSE:UNH). Both are s...Read More
LONDON, 12 April 2019 - Comment from BullionVault was quoted yesterday by Nikkei Business, the leading Japanese business magazine from the now-global Nikkei publishing group.While gold is often seen as a hedge for stockmarket risk, the report says, "online gold-trading giant BullionVault notes that the metal's price has so far failed to respond" to the political turmoil around Brexit.Japanese spe...Read More
The shares are already flirting with all-time highsPharmaceutical cloud concern Veeva Systems Inc (NYSE:VEEV) scored a price-target hike to $160 from $140 at D.A. Davidson today, with the new target representing uncharted territory for the shares. What's more, VEEV recently flashed a bullish signal, suggesting now could be an opportune time for traders to buy call options on the stock.At last chec...Read More
LONDON, 11 April 2019 - BullionVault director of research Adrian Ash is quoted at length today in a special report on gold from FT Adviser, the finance professionals' magazine from the Financial Times.Accredited for Continuing Professional Development (CPD), FT Adviser enjoys "a large and loyal audience of financial planners who are hungry for content and keen to learn" the magazine says.Part of F...Read More
UK and European steel market participants renewed calls for the European Union and the United Kingdom to reach an agreement and avoid continued market uncertainty after the UK was granted a six-month extension to delay Brexit until Thursday October 31. The latest extension has also averted the prospect of the UK having to leave the EU without a deal on Friday April 12. A "no deal" Brexit would mea...Read More