The stock plunged 9.6% yesterday after the country's election resultsJ.P. Morgan Securities upgraded Mercado Libre, Inc. (NASDAQ:MELI) to "overweight" from "neutral," and lifted its price target to $750 from $563 -- a 20% premium to last night's close at $623.65 -- saying the Argentinian online auction name has shown strength in an underpenetrated e-commerce area. The brokerage firm also cited an...Read More

Calling out some key levels in play amid the buck's breakout"As your President, one would think that I would be thrilled with our very strong dollar," posted the @realDonaldTrump Twitter account this past Thursday, Aug. 8. "I am not!" President Trump's Twitter went on to take the Federal Reserve to task for its "high interest rate level," "keeping the dollar high," and generally "call[ing] it wron...Read More

This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More

Dave KranzlerThe price of gold continues to hold up under the enormous selling in the paper derivatives markets on the Comex and LBMA. This morning's price attack is a good example:The chart above shows December paper gold in 5 minute intervals. Typically the price of gold is taken lower leading up to the a.m. London "fix," in which the "price fix" process is characterized with heavy offerings...Read More

Stewart Thomson, Graceland Updates 1. Please click here now. Double-click to enlarge this chart. 2. Another glorious day for gold investors is underway. 3. Please click here now. Double-click to enlarge.4. The only better-looking chart than gold right now is... silver!5. Years ago, I coined the term "flagification" to describe the formation of multiple flags on...Read More

"The true hallmark of a bull market in gold, however, is its ability to rise relativeto other major currencies. And it's doing just that." - John MurphyMichael Kosares, USA Gold Gold responds to the trade and currency warAt all-time highs in six of the world's top currenciesThe charts posted immediately below tell one of the quiet, but perhaps most important stories unfolding in the world of hig...Read More

Jordan Roy-Byrne CMT, MFTALast week was another strong one for the precious metals sector. Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%.Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz. Gold has not reached $1550/oz yet but as it...Read More

Captain EwaveGOLD: Short Term Update Short Term Update: In the overnight session we moved lower early to reach a low of 1499.40, but gold has now surged up to the 1520.00 level! On the intraday chart the drop from 1522.40 to the current low of 1499.40 looks to be a small corrective pattern. If it is complete at the 1499.40 low then gold is now heading above the 1522.40 level....Read More

SRSrocco While the gold and silver prices have broken out higher, precious metals investors are wondering if the rally will continue throughout the rest of the summer. Since the beginning of June, gold has gone up $250 while silver has increased $3. Gold is now trading above $1,500 for the first time since 2013 and silver has finally penetrated a key resistance level held for the past six y...Read More

August 13th, 2019,Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE)(OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce gold and silver production totaling 3,299 gold equivalent ounces (3,001 oz gold and 22,383 oz silver) during the month July at the Moss Gold Mine, located in Northwest Arizona.Kenneth Berry, President and CEO, states: "We are plea...Read More

By: Ira EpsteinGold's 18-DMA moving higher, today in the $1460's. Gold show bullish signs:Read More

Aluminium premiums were flat across most regions in the week ended Tuesday August 13, except in Brazil, where the P1020A premium for S??o Paulo delivery ticked higher after three months with no changes. S??o Paulo premium ticks up on dissipating discounts Rotterdam premiums flat, trades thin US Midwest premium unchanged on seasonality MJP steady amid Japanese holidays.Delivered premium up in Brazi...Read More

A summary of base metals premiums from across the globe for the week to Tuesday August 13. Please click...Read More

The price of ferrous scrap in Mexico's northern Monterrey region increased in the week ended Tuesday August 13, while prices in the southern Baj?-o region remained stable, Fastmarkets has learned.Fastmarkets' assessment for steel scrap No1 busheling, consumer buying price, delivered mill Monterrey, was 4,850 pesos ($248) per tonne on August 13, up from 4,700 pesos per tonne a week before, while th...Read More

Zinc's three-month price on the London Metal Exchange was higher at the close of trading on Tuesday August 13, appreciating by around 2.6% and settling above the $2,300 per tonne level in a continuing recovery, while strong buying in nickel saw its outright price closed in on the $16,000 per tonne resistance level. Volumes traded in zinc were low over the day's trading, with 7,700 lots exchanged b...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday August 13 that are worth another look.Glencore trader Hu Qiang has been released without charge 15 months after being arrested in a crackdown on illegal imports of secondary lead waste in China, Fastmarkets has learned.Miner-smelter Nyrstar expects the most recent outage at its Port Pirie lead smelter in Australia to last for 12...Read More

Here are five Fastmarkets MB stories you might have missed on Monday August 12 that are worth another look.The main works at China Hongqiao Group were reported to have suffered from severe flooding caused by Super Typhoon Lekima, Fastmarkets learned, but the company has denied claims that it has been forced to stop production.Nyrstar's Port Pirie lead smelter in South Australia has incurred anothe...Read More

(Kitco News) - Gold prices should respond positively to mounting global debt, with firms like Goldman Sachs even underestimating their bullish stance of $1,575 an ounce in three months on the yellow metal, said Frank Holmes, CEO of U.S. Global Investors. "They're always going to be understated, and clearly that means that it could easily go another $150," Holmes told Kitco News. "I think it's mor...Read More

Is it Friday yet? Jim Cramer tackles when investors should be getting into gold, whether or not now is the time to sell and what he thinks of the cannabis industry.  What Should Investors Do Now? The markets have been causing investors anxiety and one question that may be lingering on every investor's mind is what should they do now? Cramer penned a Real Money column Monday morning that foc...Read More

There's a flash sale on silver. Here are the details...Silver was hit especially hard:What the heck is going on?Well, reports are coming in that there is good news on the trade war front.The stock market surged as did the US dollar index:Pretty impressive all around.Here's the reason given, per Bloomberg:HFT algos love that title.And what the article contained:The trade headlines sparked demand fo...Read More