RBC Capital Stick to Their Hold Rating for Eldorado Gold CorpRead full newsRead More
Fremont project has a resource of 9.36 million tonnes grading 1.71 grams gold per tonne for 515,000 oz. of gold.Read full newsRead More
Copper is on a roll right now. Indeed, soaring copper prices align with the market’s expectation of growth in the near future.Copper is one of those base metals that is highly correlated to expectations of economic growth. Accordingly, as recovery measures, vaccine drives, and climate pledges continue to strengthen this economic outlook, copper has taken off.With copper now trading arou...Read More
Gold has traditionally been a key hedge against market uncertainty. With valuations where they are today, hedging at least a portion of one’s portfolio certainly seems like a prudent idea.This safe haven is often looked to as a hedge due to its negative correlation to overall markets. However, gold has surprisingly underperformed my expectations of late. Accordingly, there are some concerns...Read More
The broader market is continuing to reach new record highs in May. The TSX Composite Index settled at 19,472 on Friday — its all-time closing high. While some of the Canadian tech stocks have seen a correction in May so far, most energy and mining stocks continue to gain amid the ongoing market rally.Let’s take a closer look at three of such soaring mining stocks that are leading the m...Read More
The Canadian equity markets continued their uptrend, with the S&P/TSX Composite Index rising 1.9% last week. The decline in bond yields, improvement in commodity prices, and the expectation of improvement in corporate earnings have driven the index higher. Meanwhile, these three Canadian stocks outperformed the broader equity markets last week by rising over 10%. Let’s assess whether the...Read More
May 10, 2021 Guest(s): George Milling-Stanley State Street Global Advisors The state of Arkansas has recently signed legislation that removes sales taxes on gold, silver, platinum, and palladium bullion and coins. The move has been lauded as making it easier to use these coins as money in the state. "Including Arkansas, 40 U.S. states now fully or partially exempt gold and silver from the sales...Read More
Here are five Fastmarkets stories you might have missed on Monday May 10 that are worth another look.European buyers have purchased substantial volumes of cold-rolled coil from China for the first time in about five years, despite the product being subject to anti-dumping tariffs, sources told Fastmarkets on May 10.Consuming...Read More
Nickel's price on the London Metal Exchange was down by 2% on Monday May 10 and back to levels seen one week earlier, with base-metals prices across the board lower following an extended bullish period during which copper, aluminium and zinc reached new highs.The three-month nickel price was the most strongly affected by profit-taking on Monday, and was last seen at $17,705 per tonne, down from Fr...Read More
Jack ChanPosted May 10, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices. Our ratio is...Read More
The MySteel 62% Australian fines price rose about 3% to a new high of US$207.50 per tonne, while the Fastmarkets price rose 8.6% to $US230.56 a tonne.Copper reached a fresh high intraday of $10,747.50/t on the London Metal Exchange but closed down 0.4% to $10,378.75/t."The major driver of the moves [in the base metals complex] in the past fortnight has been fresh money inflows largely driven by in...Read More
The company's US advisory group recommended the decision following a three-day workshop, suggesting the plans advanced under recently departed managing director Michael Schlumpberger, under anRead More
May 10, 2021 Guest(s): Nouriel Roubini CEO, Roubini Macro Associates Valuations in risk assets continue to climb, which only strengthens the argument for rotating capital into defensive assets, such as gold, ahead of a potential market correction, said economist Nouriel Roubini, CEO of Roubini Macro Associate and professor at the NYU Stern School of Business.Roubini cited several potential trigg...Read More
Share this article VANCOUVER - Artemis Gold Inc. [ARTG-TSXV; ARGTF-OTC] said Monday May 10 that it is raising approximately $100 million from a bought deal sale of 16.4 million common shares priced at $6.10 each to an underwriting syndicate co-led by National Bank Financial and BMO Capital Markets.The company said it is also undertaking a non-brokered private placement whereby 9.2 million com...Read More
We spoke with Rachel Goldman, CEO of Paramount Gold Nevada Corp. (NYSE American: PZG). Paramount Gold Nevada owns 100% of the Grassy Mountain Gold Project in Oregon, and 100% of the Sleeper Gold Project in Nevada. The Grassy Mountain Gold Project will be the first gold mine ever permitted in Oregon, it will be a high-grade and quick payback underground mine, with a very small footprint. Once in pr...Read More
The age of exponential opportunity is here and the stakes are high.In this week's Insights, we discuss the possibilities for Dfinity's recently launched decentralized network, The Internet Computer (TIC), which aims to challenge Amazon's cloud computing business.(image by Dejan Zakic)We also cover Raoul Pal's view of the future for the electric vehicle market over the coming years. Read More
Jim Rickards speaks to our Nick Hubble, about his new best selling book - The New Great Depression. He provides an overview of what the book is about and goes on to discuss the extensive research behind the book. Jim also talks about the specific points he covers within his new book. Such as the origins of the virus, the policies taken by governments to tackle the pandemic such as lockdowns and th...Read More
The Great Dogecoin Scam, but Ethereum is the real deal. It's the sign of a bubble when random assets blast off, which otherwise have no value. It's just like Gamestop and NFT's. It's not much different from Bitcoin. Inflation in Iron Ore and Copper. Copper reaches record highs. Iron Ore on its way. Vanity Fair vax article masks forever. It's just the right thing to do. The pro-lockdown side is sta...Read More
Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to give his reaction to the lackluster April jobs report.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the worl...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