How to incorporate commodities into your investment portfolio.How to avoid a fundamental mistake that many investors make when it comes to investing in gold.How to organize your financial house. In this episode (aired on 3/17/19), host Ron DeLegge talks with John Love, CEO at USCF Investments about how to incorporate commodities into your investment portfolio. Ron also explains how to avoid a fund...Read More
Gold continues to make higher lows on its weekly chart, with a potential new higher low at $1,280/oz.Bullish sentiment also continues to make higher lows and is still not at exuberant levels.Unless $1,274/oz breaks on a weekly close, there's no reason to entertain the sub $1,200/oz double bottom calls.While many are focused on the day-to-day fluctuations to prognosticate the twists and turns i...Read More
BAMAKO -* Mali's industrial gold production is expected to drop around 3% to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday.* Thiecouta Diabate, director of the ministry's evaluation cell, said gold output was predicted to decrease after two mining companies announced lower production this year.* Diabate told Reuters B2Gold's Fekola said it expected to...Read More
BAMAKO -* Mali's industrial gold production is expected to drop around 3% to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday.* Thiecouta Diabate, director of the ministry's evaluation cell, said gold output was predicted to decrease after two mining companies announced lower production this year.* Diabate told Reuters B2Gold's Fekola said it expected to...Read More
Artificial intelligence may revolutionize trading.Sometimes watching the market can feel like riding a roller coaster.Many investors feel glued to the news, watching the market rise and fall hundreds of points, day after day, week after week.But savvy traders know these market conditions mean huge profit potential for anyone that knows how to trade them.And one "secret" that more and more traders...Read More
The brokerage likes the company's 5G investments and recent acquisitionsLumentum Holdings Inc (NASDAQ:LITE) stock is up 2.6% to trade at $53.43, afterJ.P. Morgan Securities raised its rating on the Apple supplier to "overweight" from "neutral," while boosting its price target to $65 from $50. The analyst in coverage gave three reasons for the upbeat attention: a "solid outlook for the telecom bu...Read More
Ontario's government is working for the people by supporting tourism in Sault Ste. Marie through an investment in new Paper Mill district attractions, creating eight new full- and part-time jobs.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced the provincial government is investing $5 million to help the Sault Ste. Marie Economic Deve...Read More
SANTIAGO - Chile's Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country's northern desert, a company official told a Chilean newspaper on Friday.Antofagasta needs access to water for the future development of its Zaldivar copper deposit, which is near BHP's Escondida mine, the world's largest copper mine. Zaldivar's size, h...Read More
SANTIAGO - Chile's Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country's northern desert, a company official told a Chilean newspaper on Friday.Antofagasta needs access to water for the future development of its Zaldivar copper deposit, which is near BHP's Escondida mine, the world's largest copper mine. Zaldivar's size, h...Read More
The brokerage firm expressed concern over marginsWedbush downgraded Lululemon Athletica inc. (NASDAQ:LULU) to "neutral" from "outperform," and cut its price target to $155 from $176 -- a slim 4% premium to last night's close. The analyst in coverage said proprietary data sparked margin concerns, and noted the potential for tame guidance following a volatile February for retail. This bear note come...Read More
Chipotle stock has seen significant improvement since JanuaryShares of Chipotle Mexican Grill, Inc. (NYSE:CMG) are moving higher this morning, last seen up 1% at $676.43. Driving the price action is yet another analyst bull note for CMG, this time out of Wedbush, which upgraded the security to "neutral" from "underperform," and hiked its price target to $640 from $500. The firm said it no longer...Read More
The retailer just appointed George Sherman as its new CEOThe shares of GameStop Corp (NYSE:GME) are up 0.9% at $10.64, after the video game retailer appointed George Sherman as its new CEO. Comments and a subsequent price-target cut from Jefferies are keeping a lid on the gains, though. The analyst slashed its GME target price to $12 from $13, noting the company's current lack of vision. GameStop...Read More
3M gave a presentation to investors yesterday3M Co (NYSE:MMM) yesterday gave a presentation that laid out the company's long-term financial objectives. While the stock initially experienced heavy selling, it eventually closed the day higher. Morgan Stanley apparently wasn't impressed, however, this morning dropping its price target to $199 from $201, saying the negative quarterly trends are backin...Read More
LUSAKA - Vedanta Resources has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines Plc (KCM), the local firm said on Friday.Sheppard has 35 years of mining experience and takes over from acting CEO Venkatesan Giridhar, who will now revert to his role as chief financial officer, KCM said in a statement.Sheppard has previously held leadership r...Read More
LUSAKA - Vedanta Resources has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines Plc (KCM), the local firm said on Friday.Sheppard has 35 years of mining experience and takes over from acting CEO Venkatesan Giridhar, who will now revert to his role as chief financial officer, KCM said in a statement.Sheppard has previously held leadership r...Read More
With everyone talking about recession, investors desperately need some clues to assess the state of the economy. This is what our today’s article provide you with. We invite you to read it and find out what are the two most important recession indicators – and what is the link between them and the gold prices. Two Most Important Recession Indicators and Gold With everyone talking about...Read More
MANILA - Philippine copper and gold producer Philex Mining Corp on Friday said the start of output at its Silangan mine in the south of the country would be delayed by four years until 2022, hit by a national ban on new open-pit mining.The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.Silangan w...Read More
MANILA - Philippine copper and gold producer Philex Mining Corp on Friday said the start of output at its Silangan mine in the south of the country would be delayed by four years until 2022, hit by a national ban on new open-pit mining.The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.Silangan w...Read More
MANILA - Philippine copper and gold producer Philex Mining Corp on Friday said the start of output at its Silangan mine in the south of the country would be delayed by four years until 2022, hit by a national ban on new open-pit mining.The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.Silangan w...Read More
Nike's North American sales figures fell short of expectationsDow Jones Industrial Average (DJI) futures are sharply below fair value this morning, under pressure after retail giant Nike (NKE)reported weaker-than-expected North American sales for its fiscal third quarter. Plus, concerns about slowing global economic growth raised after the Fed meeting earlier this week are being exacerbated today...Read More