Mag Silver's fourth-quarter earnings per share beat the estimates of BMO Capital Markets analyst Kevin O'Halloran, according to a March 19 research note.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) reported fourth-quarter (Q4) earnings per share (EPS) of CA$0.15, slightly beating BMO Capital Markets analyst Kevin O'Halloran's estimate of CA$0.11 and the consensus estimate of CA$0.13, O'Halloran r...Read More
Global Analyst Adrian Day reviews year-end financials from the last of his companies to report, as well as looks at other news. Since both of these companiesboth core holdings for himhad previously pre-announced certain metrics, financial results came in as expected.Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE)) reported fourth-quarter and full-year financials mostly as expected, having alread...Read More
LONDON, 7 March 2024 - The latest Gold Investor Index data and comment from BullionVault features today in Manager Magazin, the monthly business magazine for professional decision-makers and executives in Germany.Part of the Speigel group of publications, and with a paid circulation of 100,000 copies, "Investors living in Germany have now sold 4.1% of the gold they had purchased in the past ten ye...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDTFOMC announces its interest rate decision at 2:00 PM EDT. Consensus calls for no change in the Fed Fund Rate at 5.25%-5.50%. Focus is on comments on timing for an expected reduction in the Rate.Chipotle advanced $81.43 to $2,878.99 after announcing a 50 for 1 stock split. Intel gained $1.42 to $43.4...Read More
In the year 2020 a fellow taking in $59,000 could purchase the average American house.The monetary and fiscal deliriums of the pandemic period were on the simmer but not yet the boil.Trillions and trillions later... they have boiled into a beautiful inflation.Here then is our question:What salary must a fellow fetch to purchase the average American house in 2024?Your choices are these:A): $67,00...Read More
New assays reported from 11 drill holes at Dakota Gold Corp.'s Maitland Gold Project in South Dakota demonstrate continuity in the Tertiary epithermal gold mineralization in the project's Unionville Zone, the company says. The zone's strike length could exceed 2 miles.New assays reported from 11 drill holes at Dakota Gold Corp.'s (DC:NYSE American) Maitland Gold Project in South Dakota demonstrate...Read More
Ron Struthers of Struthers Resource Stock Report explains his thoughts on the current state of the gold market, takes a look at Bitcoin, and shares one stock he believes is a Buy.My last update on gold was March 13 when I said a correction and consolidation was a healthy market action.I expected more of a correction, but my bullish case was that mild support would hold around $2160, and then gold...Read More
This project offers exploration upside potential for a multimillion-ounce discovery in a Tier 1 jurisdiction, said the company that owns it. Learn why it is rated Strong Buy.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) began a maiden drill program at its Cuprite gold project in Nevada's historical Walker Lane trend, it announced in a news release.Envirotech Drilling will carry out the work, comp...Read More
Dominic Frisby of The Flying Frisby shares four gold stocks he believes are worth looking into as gold rises. We are talking gold mines today. When will I ever learn?Gold, as I'm sure you've heard, has broken out to new highs. There are two things that excite me about this move.First is that this has happened in the face of huge ETF outflows: gold ETF holdings have declined by about 25% over the l...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:35 AM EDT.S&P 500 futures slipped 2 points following release of the March Philly Fed Index at 8:30 AM EDT. Consensus was a drop of 5.0 versus a gain of 5.2 in February. Actual was a gain of 3.2.Micron advanced $11.27 to $107.52 after reporting higher than consensus fiscal fourth quarter revenues and...Read More
The Federal Reserve began kinking its monetary hose two years back.This it did through fevered interest rate elevations and quantitative tightening.Yet the stock market put out its tongue, placed its thumbs in its ears and wiggled its fingers in Mr. Powell's face.It has gone streaking to record heights despite the Federal Reserve's kinks.A conundrum! Or is it?We are informed that financial condi...Read More
Sometimes, I watch videos on YouTube or X and think, "Thank heavens I listened to the right people about Russia and Ukraine."Of course, I claim no clairvoyance, and I'm not a "Washington Insider" like my colleague Jim Rickards.I'm just a well-traveled, educated spectator who tries to understand what's happening and then writes about it.And since my trouble with authority extends to the mainstream...Read More