COLORADO SPRINGS, Jan. 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced preliminary 2019 consolidated year-end and fourth quarter production results. The Company produced a record 40,318 gold ounces and produced 1,732,604 silver ounces for the 2019 year, which met annual gold and silver production target ranges....Read More
By: Ira EpsteinGold held the first challenge of the 18-DMA, Bollinger bands are tightening:Read More
Industrial metals will be impacted more by the Corona Virus in China. Silver can also be impacted. Industrial metals can sell off and test 2019 lows and even fall below 2019's low if China's Corona Virus becomes an epidemic. Too early to comment. A few hundred people getting diseased by the virus is not an epidemic in the world's populous nation. The next three weeks will be crucial. Chinese int...Read More
Iranian export billet prices softened in the week to Wednesday January 22 following a downtrend in the CIS export market.The CIS export billet price slipped by $12 per tonne over the week, to $396 per tonne on January 22, amid weakening fundamentals in the finished long steel market as well as falling scrap prices.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origi...Read More
Slides and Sources: https://www.itmtrading.com/blog/marke...In my opinion, the final melt-up phase has begun. But before you go rushing into the most nominally expensive stock markets in history, look at the facts. As central banks create new debt money;1. Purchasing power value is destroyed2. Public confidence in the ruling class and fiat money is lost3. $1,000,000,000 x 0 = 0We've been trained t...Read More
President Trump is criticizing the Federal Reserve and continues talking about negative interest rates, a controversial policy he believes could help the US economy. Former US representative Dr. Ron Paul (R-Texas), longtime critic of the Federal Reserve System, joins Scottie Nell Hughes to share his insights. He also weighs in on President Trump's looming impeachment trial. "The spending will cont...Read More
Don't bet against China, says Frank Holmes, CEO of U.S. Global Investors, who said that China is now a robust consumer of gold."60% of gold demand is as you know, from love, and the best way to look at it is China and India," Holmes told Kitco News on the sidelines of the Vancouver Resource Investment Conference. Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc.,...Read More
We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. One thing is certain: doing nothing?EURositting back, confident your pension check is "in the mail"?EURois not an option. That's a risk you can't afford to take.According to Edward "Ted" Siedle, a former attorney with the United States Securities and Exchange Commission and Amer...Read More
Former OPCW inspector Ian Henderson testified to the UN Security Council this week that his team's report on the April 2018 alleged gas attack in Douma, Syria, had been falsified at the orders of senior management and perhaps under pressure from the US government. The US mainstream media is silent.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 20...Read More
Mark Cuban is an American business magnate, investor and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" investor on the television series Shark Tank. In 2011 Cuban wrote a book, How to Win at the Sport of Business: If I Can Do It, You Can Do...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
"If people want to just arbitrarily put taxes on our digital companies, we will consider arbitrarily putting taxes on car companies"Continue...Read More
Bob Prince, who alongside Greg Jensen helps oversee the world's biggest hedge fund at Bridgewater Associates as its other Co-CIO, said "the boom-bust economic cycle is over."Continue...Read More
At the 2020 Vancouver Resource Investment Conference, Bill Powers interviewed three resource sector experts to get their perspectives on gold and mining stock investing opportunities. Bob Hoye is a trained geologist, successful resource investor and economic historian. Brian Leni is a diligent and successful private investor as well as a knowledgeable newsletter writer. Bernie de Groot is a season...Read More
Farshad Shirvani is the President and CEO of DoubleView. Visit DoubleView at https://www.doubleview.caDavid Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help peop...Read More
CIS export billet prices continued to slide on Wednesday January 22 under pressure from a weakening finished long steel market and consequently lower bids for semi-finished steel, as well as expectations of more price drops on scrap in the near term.Some CIS-region producers indicated their readiness to sell billet at $405-408 per tonne fob Black Sea, while at the beginning of the week they had be...Read More
Global steel trader Stemcor has been sold to China's Cedar Holdings for $150 million, a source with knowledge of the matter told Fastmarkets on Wednesday January 22."Once the transaction is completed, Stemcor's banking and finance facilities will increase considerably and its business will grow further," the source said.Cedar Holdings is a privately-owned commodities business headquartered in Guan...Read More
Dollar Cost Averaging in Mining stocks...worth considerationRead More
Key data from Fastmarkets' pricing session in Europe on Wednesday January 22.Key driversPrices in the ferro-titanium and titanium scrap markets were steady in the third week of January, a level the markets have maintained since December 18. The number of deals done over the week were down from the week prior, although suppliers are keen to hold their offer prices against an expected increase in de...Read More
New results include long, high-grade polymetallic intervals. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that recent drill results from the Camp target at its Stillwater West project in Montana confirmed and extended the platinum group elements-nickel-copper-cobalt mineralization there.Specifically, the company doubled the tested depth from surface to 400...Read More