Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Earlier this week, the European Central Bank Chief Mario Draghi - or as I like to call him "Super Mario" - outlined a possible fiscal stimulus plan in Europe. Gold rapidly moved higher off the news.Continue...Read More
"This isn't an either/or proposition. It is in Canada's national interest to protect our environment and invest in tomorrow, while making sure people can feed their families today," Continue...Read More
"We were cocked & loaded to retaliate last night on 3 different sights when I asked, how many will die. 150 people, sir, was the answer from a General. 10 minutes before Continue...Read More
A lawyer for Julian Assange has said the Pentagon - not the White House or any other government agency whose secrets he leaked - was behind the Continue...Read More
Gold prices continued to rise Friday, surpassing the key $1,400 level Continue...Read More
At the beginning of last week, I was challenged with a wager on the gold price. The individual, who called me a "gold Continue...Read More
Indian local secondary billet prices in the current week have fallen sharply by at least 1,600 rupees ($23) per tonne on weak demand while finished product makers such as rebar mills curtailed purchasing semi-finished products.Fastmarkets' assessment of the price for Indian domestic secondary billet stood at 28,100-28,300 rupees per tonne ex-works on Friday June 21, down by 1,600 rupees per tonne....Read More
The CIS export billet price neared $410 per tonne by the end of the week, as market participants had expected. They cited the drop in import scrap prices in Turkey as well as lack of demand in the major sales markets as reasons for the weakening of the price.Fastmarkets' daily CIS export billet index was $411 per tonne fob Black Sea on Friday June 21, down by $7 from Thursday.A 50,000-tonne cargo...Read More
The rationale for investing in this Canadian firm is presented in a ROTH Capital Partners report. In a June 19 research note, analyst Joe Reagor reported that ROTH Capital Partners initiated coverage on Integra Resources Corp. (ITR:TSX.V; IRRZF:OTCQB) with a Buy rating and a CA$1.40 per share price target. The company's stock is currently trading at around CA$0.88 per share. The updated resource...Read More
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of two weeks from the date of this notice, all Fastmarkets price names will follow this structure, where possible: commodity + product/gra...Read More
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of two weeks from the date of this notice, all Fastmarkets price names will follow this structure, where possible: commodity + product/gra...Read More
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of two weeks from the date of this notice, all Fastmarkets price names will follow this structure, where possible: commodity + product/gra...Read More
The Dow spent most of the session higher before staging a retreatIt was a relatively quiet end to a busy week on Wall Street. The Dow spent most of the session in the black, with help from outperforming energy stocks, and even came within a chip-shot of record highs. However, an eleventh-hour sell-off prevented the blue-chip index from a fifth straight win, and sent the S&P 500 pulling back from...Read More
Fed Chair Jerome Powell hinted at lowered interest rates in the near future It was a triumphant week for stocks, with the Dow within striking distance of new highs, and the S&P 500 hitting a record intraday high. This week's optimism was due, in large part, to dovish comments from Fed Chair Jerome Powell, sending expectations for a July rate cut skyrocketing. The Fed chatter also translated into a...Read More
Overstock.com is going to focus only on blockchain The Dow is flirting with a new all-time high today as energy stock Chevron (CVX) surges alongside oil prices. Two stocks also in the spotlight today are e-tailer Overstock.com Inc (NASDAQ:OSTK) and private prison name CoreCivic Inc (NYSE:CXW). Here's a look at what's moving the shares of OSTK and CXW.OSTK Stock Bounces Back on Blockchain BuzzOST...Read More
Gold finally surged tonew bull-market highs this week! Severalyears after its last bull high, gold punched through vexing resistance afterthe Fed continued capitulating on ever normalizing. This huge milestone changes everything forgold and its miners’ stocks, unleashing new-high psychology fuelingself-feeding buying. With speculators notyet all-in and investors wildly unde...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 274,63370,31056,655141,993365,848473,281492,813 Change from Prior Reporting Period 24,5194,434-3,1804,27426,10225,61327,356 Traders 20669685559290170 Small Speculators LongShortOpen Interest 52,35532,823525,636 3,3601,61728,973 non reportable positionsCha...Read More