"The annual estimate for 2018 is the most liberal ever recorded in the 68 year history of Mood, just slightly higher than the previous high point of 1961."Continue...Read More
Recent research supports the idea that this under-the-radar migration is already under way. The decline of rural regions and small towns is a global phenomenon, and Continue...Read More
In 2018, a record turnout of women, minorities and young added 40 House seats to Democratic ranks and made Nancy Pelosi speaker.Continue...Read More
This week has seen a dramatic extension of a rally in gold which started in earnest on 30 May. In the seven Continue...Read More
After examining the charts, Todd Gordon says gold could climb as high as $1,500.Continue...Read More
Prices in Southeast Asia's steel billet market remained stable on Friday June 7 with trading activity limited by the upcoming rainy season in the Philippines and public holidays in various areas to mark the end of the Islamic holy month of Ramadan.But market participants told Fastmarkets that they were were bearish about billet prices in Southeast Asia because of continued weakness in the domestic...Read More
Goldspot Discoveries (TSXV: SPOT) announced Friday a signed service agreement with Pacton Gold (CVE: PAC) to use Goldspot's A.I. and machine learning tools to evaluate and identify possible mineral and drill targets on Pacton's Red Lake, Ontario property. "We believe Red Lake's ground is ripe for a technological revolution" - Goldspot CEOGoldspot has been granted a 0.5% smelter roy...Read More
Donald Trump's tariffs targeting Mexico risks backfiring on the U.S., at least in the global metals market.Miners of Mexican precious metals are unlikely to be hit significantly if Trump imposes levies on goods from its neighbor, which is the biggest source of U.S. silver imports and its second-largest gold supplier. Instead, American processors will probably bear the brunt of the latest trade spa...Read More
Gold surged sharply over this past week or so, nearing a major bull-market breakout! Nearly everyone was surprised by this violent awakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power, gold has good odds of achieving decisive new bull-market highs. That would change everything psychologically, ushering gold and its miners' st...Read More
MUMBAI/BENGALURU - Gold prices in India flipped into discounts this week as a rally in local prices dampened demand, while premiums in other major Asian hubs declined as a price surge prompted investors to sell back bullion.Global benchmark spot gold was headed for its best week this year, supported by expectations of an interest rate cut by the Federal Reserve and heightened global trade tensions...Read More
West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said.But attracting buyers won't be easy for the company that has just one producing asset in Senegal and is targeting a valuation of up to $300 million, the sources added.T...Read More
In a recent report, the World Gold Council revealed that holdings in global gold-backed exchange-traded funds (ETFs) fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows, as consistent European fund growth was offset by outflows in North America and Asia.According to the market development organization, May results together with those of February and April have caused...Read More
Stainless steel prices in Europe were under pressure this week from lower June alloy surcharges and weak demand, sources told Fastmarkets on Friday June 7.Prices decreased only modestly this week, however, and mills were determined to resist the pressure and prevent any further price reductions, according to distributors.Fastmarkets assessment for grade-304 stainless steel cold-rolled (CR) sheet t...Read More
Technical analyst Clive Maund discusses moves by the Fed and what they might mean for the U.S. dollar and precious metals. It is measure of how fragile and precarious the situation is that the moment the markets looked like they were on the verge of crashing again, which of course they were, the Fed moved to head it off by saying that they would start cutting rates. How things change as it was o...Read More
Sector expert Michael Ballanger discusses macroeconomic factors and his trading decisions. I have had more than a few emails asking me what I think of the current set-up for stocks, bonds, currencies and gold since everything began to re-inflate a few days ago and without going off on a literary tangent, it is obvious that the banks are absolutely freaking out over the declining high-end real est...Read More
Technical analyst Clive Maund charts this miner with a gold project in Arizona and explains why he believes its stock is a good buy. Kerr's Copperstone projectKerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) has not so far responded to the rally in gold of recent days, but the pattern looks most favorable with it having consolidated a sharp high volume rally at the start of last month, that allowed...Read More
This was the Dow's fourth straight triple-digit gain and longest win streak since JanuaryThe Dow scored a 264-point win today to close out a perfect week, with its five-day winning streak marking the longest January. This was the blue-chip index's fourth-straight triple-digit gain, as weak jobs data fueled speculation that a Fed rate cut is imminent. Meanwhile, President Donald Trump earlier twee...Read More
Stock market bulls can thank Fed Chair Jerome PowellFollowing a brutal May, stocks kicked off June on a high note, with the major market indexes set for their best week of the year. What's more, the Dow is set for a five-day winning streak, which would mark its longest since January. Stock market bulls have Fed Chair Jerome Powell to thank, after the central bank chief said the Fed will "act as ap...Read More
Our Adaptive Dynamic Learning (ADL) predictive modelingsystem is suggesting that Silver is currently well below the projected ADLprice level. We believe the currentpricing pressure in Silver is related to global central banks attempt toregulate precious metals prices over the past 24+ months. We believe the upside move in Gold willeventually roll into Silver and the ADL predictive mode...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 240,47784,36256,898132,517305,093429,892446,353 Change from Prior Reporting Period 46,014-23,413-5,308-58,7733,849-18,067-24,872 Traders 19872675054278168 Small Speculators LongShortOpen Interest 51,60335,142481,495 -5,5641,241-23,631 non reportable posit...Read More