The findings are from two of Treasury Metals' drill programs: expansion and infill. Gold barsTreasury Metals Inc. (TML:TSX: TSRMF:OTCBB) announced in a news release that new drill results from two zones at its Goliath gold project in Ontario are encouraging.The company noted that expansion drilling of the high-grade shoots in the Eastern Main zone showed consistency of mineralization across them....Read More

Pretium Resources' flagship gold operation in B.C. should generate strong cash flow well into the future, the company stated. In a news release, Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced that an update of its mineral reserves, mineral resources and life-of-mine plan for Brucejack in British Columbia, shows "continued robust economics of the long-life underground operation."The updated...Read More

Technical analyst John Newell charts the Dow-Gold ratio and speculates on where it could be heading. The Dow/Gold ratio broke a trend-line in past few weeks that could be signaling that gold could be trending higher against the Dow Jones Industrial Index in the next 18 months to two years. An example might be a ratio of 10 or the Dow at 20,000 and gold at $2,000 (a new all-time high in U.S. dolla...Read More

The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on Wednesday March 11.On March 9, Italian authorities extended the lockdown from northern areas across the whole country in an attempt to control the outbreak of the 2019-nCoV coronavirus.Long...Read More

China's northern coastal province of Hebei will remain the key steelmaking hub in the country even though its production capacity is shrinking and new facilities are being added in south China, market sources told Fastmarkets this week.China has introduced sweeping capacity replacement plans over the past couple of years, compelling producers to upgrade their steel production facili...Read More

Oil prices remained under pressure as wellIt was another bloodbath on Wall Street today. The Dow, S&P 500, and Nasdaq all fell by 4.5% or more, with the blue-chip index closing in bear market territory. The latter two indexes briefly dipped into bear market territory, but ultimately did not close there. The global economy continues to struggle in the face of the spreading coronavirus outbreak, esp...Read More

There's optimism to be unwound in the options pits, too It has been a rocky road for Exelon Corporation (NASDAQ:EXC) is recent weeks, with the utility services specialist falling victim to the broader market's steep slide. In fact, at the end of last month, the stock hit its lowest level since late-2018, and is now struggling to conquer its year-to-date breakeven, which it closed south of on Frida...Read More

The 80-day moving average has meant more downside for SFM in the past Grocery store concern Sprouts Farmers Market Inc (NASDAQ:SFM) has endured a choppy journey lower in the past 12 months, evidenced by its 26.2% year-over-year deficit and early February record low of $14.51. While the shares have since bounced from this region, the rally was short-lived, with SFM consolidating back below the $17....Read More

The Dow has completely erased yesterday's rebound Stocks have completely erased yesterday's rebound by midday, with the Dow Jones Industrial Average (DJI) off over 1,100 points amid concerns over the White House's vague fiscal response to the coronavirus-related blow the economy has taken in recent weeks. The S&P 500 (SPX) and Nasdaq-100 Index (IXIC) are also deep in the red at the halfway poin...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 11 that are worth another look.The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on March 11.The first deal for second-quarter aluminium ingot supply to Japan has been...Read More

The automaker announced that it was temporarily stopping production at its Italian factories European automakers are spinning their wheels today as several big names said they would be halting production and temporarily closing factories in an effort to combat the rapidly spreading coronavirus. Fiat Chrysler Automobiles NV (NYSE:FCAU) is one of the names getting hit today after announcing plans to...Read More

Goldman Sachs added Eli Lilly to its "Conviction Buy" listEli Lilly and Co (NYSE:LLY) is up 0.3% to trade at $140.81 at last check, shaking off the broader market sell-off thanks to some bullish analyst attention. The drug manufacturer was just added to the "Conviction Buy" list at Goldman Sachs, with the brokerage firm waxing optimistic that LLY has one of the strongest potentials for growth desp...Read More

PepsiCo Inc's stocks are down after the company bought Rockstar Energy BeverageShares of PepsiCo Inc. (NYSE:PEP) are down 3.5% today, last seen trading at $130.66,after the company confirmed it had acquired Rockstar Energy Beverage in a $3.85 billion deal. The food and beverage giant has had a distribution deal with Rockstar since 2009, and while Rockstar's products are available in over 30 count...Read More

SOLY continues to teeter along its year-to-date breakeven priceShares of Soliton Inc (NASDAQ:SOLY) are surging 7% at $11.40 this morning, higher after the medical device company received 510(k) Premarket Notification clearance at the Food and Drug Administration (FDA) for its Generation II Rapid Acoustic Pulse (RAP) device. The tattoo removal device is similar to its generation I version, but is...Read More

The timing of President Trump's proposed 0% payroll tax rate is uncertainYesterday's market bounce looks to be short-lived, with Dow Jones Industrial Average (DJI) futures pointing to an almost 800 point drop before the open this morning. The resumed selloff comes after U.S. President Donald Trump proposed on Tuesday a 0% payroll tax rate for the remainder of the year, though it was not specifie...Read More

By Gary Savage$SPX in oversold conditions, this is not a new perma-bear market. The market will start pricing in the corona virus dying out. Still another 10-15 years in this bull market to go..https://blog.smartmoneytrackerpremium.com/Read More

By: Ira EpsteinGold 18-dma is $1636 level. Upper Bollinger is $1699Read More

The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on Wednesday March 11.On March 9, Italian authorities extended the lockdown from northern areas across the whole country in an attempt to control the outbreak of the 2019-nCoV coronavirus.Long...Read More

On Sunday, Italy registered a huge jump in new casesof the COVID-19, the stock market plunged,while the oil market crashed. Tuesday morning, and Italy is on lockdown. Meanwhile,gold jumped above $1,700. What’s next for the yellow metal? Gold Jumps Above $1,700Last week, I wrote that: from thefundamental point of view, the environment of fear, ultra low interest rates,weak equity markets...Read More

A look at which stocks do best after a V-bottomIt might be premature, but Tuesday's early morning spike made me hopeful. Besides, you need to be quick to make money in trading. I became curious what stocks should be targeted during a V-bottom. As of now, the recent pullback is similar in magnitude to the one we experienced in late 2018. From late September of that year until the market bottom on C...Read More