Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately pred...Read More
By Larry LaBordeThe first part of home storage is just basic home security. Your home does not have to be a fortress but it needs to have better security than the other homes in your neighborhood so that criminals just pick another one. The obvious ones are: Lock your doors and windows at all times.(Sounds simple but you would be amazed how many burglars just walk right in.)Motion detectio...Read More
By Keith WeinerThere is a popular notion, at least among American libertarians and gold bugs. The idea is that people will one day "get woke", and suddenly realize that the dollar is bad / unbacked / fiat / unsound / Ponzi / other countries don't like it / . When they do, they will repudiate it. That is, sell all their dollars to buy consumer goods (i.e. hyperinflation), gold, and/or whatever ot...Read More
By Avi GilburtAs I read much of the commentary being pushed around the internet now, we see generally see a broad range: on one end there are perma-bears calling for the mother of all market crashes, and on the other are those who are pounding the table about the fundamentals of the market still being strong, which should keep us quite bullish for the long term.Doesn't it amaze you that there is...Read More
One stock in particular could soar 1,000% in the coming months.Despite what some may believe, it's not actually hard to recognize a market top. It doesn't involve any math... analyzing charts... or anything like that. It's dead simple.When everyone at a party seems to have a story about making an overnight fortune in stocks... get out.When strangers on the street are talking about the latest "ca...Read More
CloseGain/LossGold $1229.10-$4.90Silver$14.45-$0.25XAU64.70-0.71%HUI144.02-0.43%GDM529.83-0.10%JSE Gold1166.01-47.57USD96.61+0.26Euro113.85-0.35Yen89.06-0.36Oil$67.04-$0.5510-Year3.088%+0.009T-Bond139.28125-0.15625Dow24442.92-0.99%Nasdaq7050.29-1.63%S&P2641.25-0.66% The Metals: Gold dropped $6.30 to $1227.70 in London and spiked down to $1224.50 in early afternoon New Yor...Read More
Cranbrook, B.C., October 29th, 2018: Taiga Gold Corp (CSE:TGC) ("Taiga") has recently received a $75,000 cash payment from option partner SGO Mining Inc. ("SGO"), a wholly-owned subsidiary of SSR Mining Inc. (formerly Silver Standard Resources Inc.) (TSX: SSRM) (NASDAQ: SSRM) pursuant to an option agreement relating to the Fisher Property, owned 100% by Taiga. SGO is in the third year of a five-...Read More
Is a "Blue Wave" building?Something strange is happening in America.Millions of Americans are furious - and this time, they're taking their anger out on Republicans.All across America, 45 Republicans have lost elections during Trump's presidency in places they shouldn't have possibly been able to lose... even in districts where Trump won in a landslide and remains popular.In the last few months al...Read More
The company produced an upgrade to 2018 gold production. This was the only good news in the report.I review the release's negative points.The company is playing fast and loose with the solvency issue.Eldorado gold (EGO) produced third quarter results on the 25th October and held its conference call on the 26th October. All information in this review comes from the release and the conference ca...Read More
According to the latest Reuters poll, analysts and traders have made downwards revisions to their average gold price forecasts for this year and 2019, in response to the August sell-off to 19-month lows. Key Findings: “Spot gold will average $1,273 an ounce in 2018 and $1,300 in 2019, according to the poll of 39 analysts and traders conducted this month. That compares with predictions in a s...Read More
China's ferrous futures fell during morning trading on Monday October 29 after the central Chinese government voiced its objection over what it considered to be indiscriminate restrictions to cut emissions.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,168 yuan ($600) per tonne, down 34 yuan per tonneJanuary hot rolled coil: 3,854 yuan per tonne, down 41 yuan p...Read More
Enforcer Gold Corp (TSX-V: VEIN) announced that it plans to complete a non-brokered private placement of up to $1.5 million and acquire a property in the historic mining community of Red Lake, on top of issuing a share consolidation.The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake, the third largest gold camp i...Read More
Prices for manganese ore imported into China on an fob basis ticked upward in the pricing session that ended on Friday October 26, while trading activity started to pick up in China before the onset of winter. High- and low-grade manganese ore prices showed modest increases Manganese ore grade prices in China ticked upward Falling bids weigh on Indian silico-manganese prices US focuses on long-ter...Read More
Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit ma...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Monday October 29, with strong consumer spending figures from the United States fueling broad strength in the US dollar index and adding downward pressure on prices.In a report released by the US Commerce Department, consumer spending increased by 0.4% over October, however, this is the smallest gain in 15...Read More
Rockcliff Metals (TSX.V: RCLF) announced that it is about to kick off a first phase drill program on its high-grade Laguna Gold property located in Snow Lake, Manitoba.The Laguna Gold Property hosts the past producing Rex-Laguna Mine that was Manitoba's first and highest-grade gold mine. The 2,500-metre drill program marks the first drill program on the property in over 70 years.In a press release...Read More
Ammonium paratungstate (APT) prices remained supported, with a new round of environmental inspections expected to take supply out of the market. Environmental inspections team to return to Jiangxi, Hunan provinces; APT price supported Ferro-tungsten prices range-bound on weak demand, oversupply Concentrates prices unchanged awaiting clear market directionFastmarkets MB assessed the European APT pr...Read More
Markets Gold and Oil Merkel US futures get week off to a positive start Risk appetite is gradually improving throughout the morning in Europe and the US is following in its lead with futures comfortably higher ahead of the open on Wall Street. I’m still far from confident that we’re through the other side of this particular storm and the coming week could be just as turbulent a...Read More
Positive sentiment continued to spread in the CIS export billet market on Monday October 29, despite a lack of confirmed deals and no major price changes.Market participants said that ongoing improvements in import scrap prices in Turkey should provide support for CIS billet sellers.Another supporting factor was that fewer customers were willing to deal with Iranian materi...Read More
Published 22 Hours AgoUpdated7 Hours AgoReuters Gold eased on Monday, sliding off a more than three-month peak in the previous session, pressured by a strong dollar and as investors returned to riskier assets following a recent sell-off in global stocks.Spot gold was down 0.54 percent at $1,226.62 per ounce. U.S. gold futures settled down $8.20, or 0.7 percent, at $1,227.60. "With the dollar stren...Read More