Two days after boldly threatening to take down Italy's populist-led government should lawmakers try to change the 2.4% projected budget deficit that has locked Italy Continue...Read More
A Paradigm Capital report presented the highlights of this brownfields story. Revival's Beartrack ProjectIn a Nov. 21, 2018, research note, Analyst Don Blyth reported that Paradigm Capital initiated coverage on Revival Gold Inc. (RVG:TSX.V), an advanced-stage explorer/developer, with a Speculative Buy rating and a CA$1.85 price target. In comparison, the stock is trading today at around CA$0.68 p...Read More
Money manager Adrian Day reviews several of the gold companies in his portfolio. Wheaton Precious Metals Corp. (WPM, NY, 15.85) is on track to meet or exceed its guidance both for this year and for the next five years. Silver production was a little light, commodity prices were down, and costs increased (due mainly to the termination of an old stream); this quarter saw the first platinum revenue...Read More
When his fellow miners winch him up from the hole in the desert, Keith Gushure is covered in mud.Gushure, 21, holds a pick and a hammer. For the past 18 hours he's been trying to chip, gouge and pry gold out of the 56-foot (17-meter) mine he helped dig, one of a series of deep pockmarks that dot the dry, flat landscape in Umguza, Zimbabwe, 230 miles (372 kilometers) southwest of the capital Harare...Read More
Technical analyst Clive Maund explains why he believes this company that has copper-gold-silver exploration projects in British Columbia is a "strong speculative buy." Doubleview Capital Corp. (DBV:TSX.V, DBLVF:OTC) looks like a solid copper-gold-silver stock that has a lot going for it. As we know, regardless of shorter-term fluctuations, the longer-term future for gold and silver is bright, but...Read More
Sector expert Michael Ballanger muses on lessons learned and profits to be gained in silver trades. "Even a broken clock is right twice a day."?EURo Stephen Hunt, The Court of the AirThere are times when every investor has to look long and deep into a mirror and determine whether a well-thought-out strategy is actionable or whether it is simply an ad hoc "hunch," barely worth chasing. With regard...Read More
A respected foreign journalist living in Ukraine is warning that a war that most Americans cannot even imagine "teeters on the razor thin Continue...Read More
Ferro-manganese and silico-manganese prices into Europe made strong gains in the week ended Friday November 23 in response to concerns of a potential shortage should demand see a renewal. Ore prices in China and fob range-bound Alloys in China tick down Ferro-manganese and silico-manganese prices in Europe rise Silico-manganese in India gains prior to tenders Manganese ore prices i...Read More
After it took over the Crimean Peninsula in 2014, Russia claimed the territorial waters surrounding the peninsula's coas. However, Ukraine never recognized this claim.Continue...Read More
The Chinese ferro-silicon market rebounded in the week ended Friday November 23 when low stock levels at smelters met with renewed demand from consumers, while the European market is in a holding pattern while waiting to settle longer-term delivery settlements with steel mills. China sees renewed consumer demand amid reported lower ferro-silicon stock levels Europe eyes first-quarter settlem...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Oil enjoyed its best day in months, rallying alongside the equities marketThe Dow enjoyed a big rebound today, trading broadly higher as it gained over 300 points. The win comes as FAANG stock Amazon (AMZN) rocketed higher amid upbeat headlines about Cyber Monday sales figures, which are poised to set a record of around $7.8 billion, per industry estimates. A General Motors (GM) rally also pushed...Read More
The brokerage firm also started the chip stock with an "outperform" ratingThe U.S. stock market is soaring on Cyber Monday, with the Dow up 275 points at last check. Among individual names making notable moves today are casino Wynn Resorts, Limited (NASDAQ:WYNN), chip designer Nvidia Corporation (NASDAQ:NVDA), and gene therapy specialist Rocket Pharmaceuticals Inc (NASDAQ:RCKT). Here's a quick loo...Read More
CIEN also recently pulled back to a notable moving averageCiena Corporation (NYSE:CIEN) once again showed up on Schaeffer's Senior Quantitative Analyst Rocky White's list of the 20 S&P MidCap 400 Index (MID) stocks that saw the most options activity in the past 10 days. Names highlighted yellow are new to the list. CIEN options traders have recently taken a strong interest in put options, though t...Read More
CloseGain/LossGold $1222.50-$0.30Silver$14.25+$0.01XAU64.73-0.83%HUI146.62-0.81%GDM536.53-0.64%JSE Gold1127.24-13.59USD97.05+0.14Euro113.34+0.05Yen88.76UNCHOil$51.63+$1.2110-Year3.067%+0.028T-Bond139.8125-0.1875Dow24640.24+1.46%Nasdaq7081.85+2.06%S&P2673.45+1.55% The Metals: Gold gained $5.20 to $1228.00 in Asia before it chopped back lower in London and New York, but it...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort165,506156,610115,384201,259224,399482,149496,393Change from Prior Reporting Period -2,910-21,053-7,434-9521,222-10,439-7,265Traders17494946056280207 Small Speculators (C) GoldSeek.com LongShortOpen Interest 43,79129,547525,940 -3,141-6,315-13,580 non reportable positionsChang...Read More
One REIT has ended the month higher 100% of the time over 10 yearsIt's been a rough couple of months for the stock market, with the S&P 500 Index (SPX) pacing for a second straight monthly loss -- something we haven't seen since the first quarter. However, several stocks could muscle higher in December, if past is prologue. Most notably, California-based real estate investment trust (REIT) Maceric...Read More
AXP, JPM, and GS are at the top of the Dow todayThe Dow Jones Industrial Average (DJI) is up triple digits at midday as financial stocks American Express (AXP), JPMorgan Chase (JPM), and Goldman Sachs (GS) surge. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are higher, as well, with online retail behemoth Amazon (AMZN) getting a boost on strong Black Friday and Cyber Monday sales forecasts....Read More
Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More
GM is shuttering three North American plants and cutting its salaried workforceGeneral Motors (NYSE: GM) stock is up this morning, as traders digest the company's production update. The Detroit automaker plans to halt production at three North American assembly plants -- in Ohio, Michigan, and Oshawa, Ontario -- and said it will end operations at two more plants outside of North America by the en...Read More