"Before gold can get to 1800 -- it must conquer the point of collapse during the April 2013 drive by shooting.This is the most important resistance for this year.We can see the big pullback since the peak is a return to the upper channel line.Be cautious until 1630."Read full newsRead More
"@HenrikZeberg @4xForecaster @DaveHcontrarian The 1588-1630 area of gold is where the April 2013 collapse took place.I view it as YEARLY resistance for 2020.For me, it would take a close above there to suggest the 1800 target is ready to be fullfilled."Read full newsRead More
"@allicovington Started REAL Keto last year --- best thing i ever did.It went from a diet to a lifestyle.No sugar -- no gluten & Def no processed foods."Read full newsRead More
"@EdwardGofsky That wave count since the low doesn't look like a typical wave 1 ---- but as long as we're above 1366 -- i'll remain Long Term Bullish. Have you had a go at it ?"Read full newsRead More
"Proactive investors @proactive_NA and @stevedarlingleading the way on getting content out from @Cambridge#VRIC2020 with interviews already being posted. This one with @metallaroyalty $MTA.v is a good one.https://t.co/Yx1fgHs2Fs"Read full newsRead More
"Is now a good time to invest in the nickel and base metals market? Gain access to informative articles with market forecasts, exclusive interviews, and more in our 2020 outlook report! Click https://t.co/6HIuyYj56g to get your FREE report now! #basemetals #nickel #investing"Read full newsRead More
"Kavango Resources - searching for Rare Earth Elements as sector approaches critical transition periodWe look at #KAV 's re-focused efforts at Ditau as the REE space begins to lessen its dependency on China in the face of rising electric vehicle demand.https://t.co/qs9miPQJw7"Read full newsRead More
Gold stocks and futures for Canada's main stock index rose on Friday following data showing the Chinese economy stabilizing. The Toronto Stock Exchange's S&P/TSX composite index closed up 0.40% at 17,484.77 on Thursday. As a result, Canada's main stock index rose to another all-time high on Friday. The materials sector, which includes precious and base metals miners, gained 0.1% as gold price...Read More
Growing economic and geopolitical uncertainty coupled with firmer gold that’s trading at a multi-year high of around US$1560 per ounce makes now the time for investors to bolster their exposure to gold.There is every indication that the yellow metal will rally further and break through the US1,600 an ounce mark because of trade tensions, the confrontation between Iran and the U.S. and growin...Read More
I have been bullish on palladium for some time, originally predicting that the lustrous white metal would soar in early 2018. Since that prediction, palladium has risen by a whopping 127%. During 2019, palladium outperformed gold and other precious metals, rallying by a whopping 53%, which was more than double the S&P/TSX Composite Index’s 19% and the notable 30% gain by the S&P500.I...Read More
Gold recently hit a multiyear high of over US$1,560 per ounce amid signs that despite profit taking, the yellow metal will rally higher over the course of 2020.Heightened geopolitical and economic risk along with accommodative monetary policy being sustained by central banks across most developed economies, including low interest rates, will support higher gold. There’s growing speculation t...Read More
The global stock markets are making the hair on the back of my neck stand up on end. Day after day, markets go up. Good news or bad, markets go up. Every day we are hitting all-time highs. Up and away it goes, and where it will stop, nobody knows.It is not the fact that global markets are going up which is worrisome. A rising global market with increasing stock prices is, after all, the very reaso...Read More
Canadian savers are clearing up the last bills from the holiday season and sitting down to decide how much cash they have left to contribute to their RRSP.The contribution deadline for the 2019 tax year is March 2, 2020. That isn’t too far away, and investors are beginning to evaluate some of the stocks they might buy with their additional RRSP funds.The RRSP is facing competition with the T...Read More
Vale's massive S11D iron ore mine in Par??, Brazil. Photo by Jos?(C) Rodrigo Zermiani, Vale. Metals and mining research and consultancy group Wood Mackenzie has identified five trends that will impact the iron ore industry in 2020.Slower demand growth, especially in China, and a decent recovery in seaborne supply will continue to feature prominently in the iron ore industry in 2020, Wood Macken...Read More
Escondida mine in Chile. (Image courtesy of Municipalidad Antofagasta | Flickr ) The world's number one mining company, BHP (NYSE:BHP) reported robust numbers from its copper operations on Monday, despite political upheaval in Chile, the location of the world's largest copper mine, Escondida, operated by the company. Copper production for the December quarter gained 6% to 455,000 tonnes, boosted...Read More
Jan 20, 2020 Guest(s): Conrad Black Financier, author, & columnist The influx of illegal immigrants has been the most "scandalous" event to hit U.S. politics, and since that flow of migrants has dwindled, lower income American families have seen increased incomes, this according to Conrad Black, author and media mogul. "The most scandalous event in the history of public policy in the United Stat...Read More
Finland (image courtesy of Pyry Tanskanen on Flickr) Following a recent Edumine four-day short course, "Valuation of Mineral Projects Based on Technical and Financial Modelling" in POHTO's Oulu facility in Finland, one of the delegates raised an interesting point that has wide relevance to active operations. The Valuation course covers project appraisal as a forward-lookingperspective at the pre-...Read More
Aerial view of the plant at Aurizona Gold Mine in Brazil (foreground) and Piaba Pit (background). (Image courtesy of Equinox Gold) Independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. have both recommended that shareholders vote in favour of the proposed merger between Canadian-based gold miners Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC).Shar...Read More
Image from White & Case. Global law firm White & Case has released the results of its fourth annual survey on mining and metals, identifying trade and ESG issues as the industry's top concerns for 2020.White & Case surveyed 64 senior industry decision-makers on an array of topics, including key risks for 2020, what ESG areas will be most scrutinized, which metals will do best and the level of M&A...Read More
Jan 20, 2020 Guest(s): Patrick Ceresna Founder & Chief Derivative Market Strategist, Big Picture Trading Gold prices are on track for another rally into the $1,700 an ounce price range on the back of frothy equity markets, this according to Patrick Ceresa, founder and chief market derivatvies strategist at Big Picture Trading. "I feel that generally, the bull trend for gold is intact as long as...Read More