Gold has weakened sharply in recent days plunging below US$1,300 an ounce, creating an opportunity for investors. High levels of economic and geopolitical uncertainty coupled with the Fed adopting a dovish stance on normalizing interest rates means that it is only a matter of time before the yellow metal rallies once again. One of the best ways to access outsized returns when gold rises in value i...Read More
Investing in precious metals can be a wild ride. Buying the stocks of mining companies that produce precious metals can be even more volatile.While pricing swings can be difficult to handle, they often provide limited-time opportunities to buy stocks at a deep discount.Here are three precious metals companies under $5 per share.A classic example of valueLucara Diamond (TSX:LUC) stock fell 30% in...Read More
Investing in stocks that are dependent on commodity prices is always risky. After all, even if the company is running a tight ship and doing what it’s supposed to be doing, if commodity prices aren’t strong, that’s enough to sink the outlook for not only the individual stock, but the entire industry. We’ve seen how a low price of oil has made life difficult for many oil and...Read More
Trade wars seem to have become a permanent part of the global investment landscape, with the backlash against globalization continuing to be felt across the world and between nations that had, up until now, been sound partners.With disagreements rumbling on between China and North America, and with a messy Brexit spelling trouble in the eurozone, let's take a look at some of the foreign investment...Read More
The market for natural resources remains subdued, but there are pockets of strength. In the Uranium sector, Energy Fuels, IsoEnergy & Appia Energy are up an average of ~150% from their respective 52-week lows. In Copper, Trilogy Metals & Pacific Booker are up an average of ~250%. Good things are happening, but not in Cobalt, at least not yet.Could This Pure-Play, North American Cobalt Juni...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 2, 2019 There’s a time for gold stocks to rally... and a time for consolidation and retracement.Please click here now. We have joy, we have fun, we have gold price seasonality in the sun? To view seasonality on the daily gold chart, please click here now. Double-click to enlar...Read More
Pensana said it had started discussions with financial advisors for the listing after large equity fund Fidelity accumulated a 5% stake in the company. "Listing on the LSE has been a well trodden path for many ASX juniors as they make the transition from explorer to producer," it said. The company is developing the Longonjo NdPr project in Angola, which will produce neodymium and praseod...Read More
Lithium mining operations in Namibia. Source: Desert Lion Energy Inc.Desert Lion Energy Inc. [DLI-TSXV; DSLEF-OTCQB], a Namibian lithium development company, said Tuesday April 2 that it has entered into a non-binding offtake agreement with German chemical company BASF SE. Under the agreement, BASF would be able to purchase lithium hydroxide from a planned Desert Lion production facility to be loc...Read More
Analyzing drill core samples at the Nechalacho rare earth elements project at Thor Lake, Northwest Territories. Source: Avalon Advanced Materials Inc.Avalon Advanced Materials Inc. [AVL-TSX; AVLNF-OTC] said Tuesday April 2 that it hopes to start production at its Northwest Territories rare earth elements project by 2020.Avalon made the announcement in a report that details the progress the company...Read More
Figure 1 - Plan View of Drilling in BMZ1 and Other Areas in the Yaragu?? System. Click to EnlargeContinental Gold Inc. [TSX:CNL; OTCQX:CGOOF] ("Continental" or the "Company") is pleased to announce additional high-grade assay results from 15 holes drilled into the Yaragu?? system as part of the infill and definition drilling program at its 100%-owned Buritic?? project in Antioquia, Colombia. The C...Read More
There is an old Wall Street indicator called the hot waitress economic index. According to Investopedia:The hot waitress economic index is an informal measure of the state of the economy that is compiled by counting the number of attractive people working as waiters/waitresses. According to the hot waitress index, the higher the number of good looking servers, the weaker the current state of the...Read More
By: Keith WeinerA number of commentators have predicted that the rules of the Basel III bank regulations will cause gold to skyrocket (no, this article is not about our view that gold does not go up, that it's the dollar going down, that the lighthouse does not go up, it's the sinking ship going down in the storm).Will it? It would be easy to say as with all of their other predictions of gold...Read More
By: Stewart Thomson 1. There's a time for gold stocks to rally... and a time for consolidation and retracement. Please click here now. We have joy, we have fun, we have gold price seasonality in the sun?2. To view seasonality on the daily gold chart, please click here now. Double-click to enlarge.3. The COMEX price of gold is determined mainly by commercial bank traders an...Read More
Jordan Roy-Byrne CMT, MFTAStop me if you've heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let...Read More
By: Ira EpsteinGold bias is down, bouncing around here:Read More
The slides for the PowerPoint presentation accompanying these remarks can be found here:http://gata.org/files/GATA-HongKong-Slides-04-02-2019.pdf* * *[SLIDE 1: Introduction]Remarks by Chris Powell, Secretary/TreasurerGold Anti-Trust Action Committee Inc.Mines and Money Asia ConferenceHong Kong Convention and Exhibition CentreTuesday, April 2, 2019Mining Investment Asia ConferenceInterContinental...Read More
The timing of Lyft's IPO last week could not have been better for Wall Street insiders, since they will have an opportunity to unload their shares into a veritable orgy of greed and ignorance. The stock market looks unstoppable at the moment, and it is making Lyft's $24 billion valuation seem somehow less absurd. Just four months ago, when shares were in the throes of what many of us mistook fo...Read More
US-China trade deal will only a temporary stop gap fix for global economy. Eurozone wants greater access to China. China will try to balance US and Eurozone as it will never want its large population to be used as a dumping ground. The trade between USA-China and Eurozone-China are not addressing long term key thorny trade issues. American politicians and Eurozone politicians want to use China f...Read More
For Part 1 of the interview, CLICK HEREJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/yield...Question 1. William L: Barron's saying that the threat of a yield curve is over?Question 2. Ben P: Is it possible the melt up is actually a bull trap?Question 3. Gang: Why do "experts" say there's an everything-bubble with nowhere to hide your wealth, and then in the same interview say you should have no more than 20% of your...Read More