Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
"Golden Predator Consolidates 3 Aces District; Acquires 100% Ownership of Reef Project @GPY_3Aces https://t.co/wgirOsE1AG"Read full newsRead More
The stock ran up to a historically bearish trendline during its latest rebound Department store concern Kohl's Corporation (NYSE:KSS) have been on a slow rebound since a post-earnings bear gap in mid-November and subsequent bottoming out at eight-month lows on Dec. 21. The stock has managed to tack on 5.7% year-to-date, and even reclaim the aforementioned bear gap earlier this month. However, in t...Read More
Tech stocks are taking a hit todayU.S. stocks have retreated as Treasury yields fall once again, reigniting concerns about the health of the global economy. Echoing that, China's industrial profit suffered its biggest drop since 2011, though the U.S.trade deficit shrank in January. Currently, the Dow Jones Industrial Average (DJI) is down more than 150 points at midday, with Microsoft (MSFT) paci...Read More
"Pancon Completes First Drill Program at Montcalm Ni-Cu-Co Project, Identifies Target Area for Further Evaluation @PanconResources https://t.co/hl5YJw1fdB"Read full newsRead More
Gold Resource Corporation (NYSE American:GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for March 2019 payable on April 23, 2019 to shareholders of record as of April 11, 2019. Read full newsRead More
More needs to be done to make the commodities industry welcoming to young women, who are less willing to put up with the sexist culture their older peers endured, female executives from trading houses, banks and mining companies said."It isn't the Wolf of Wall Street, but it is a tough environment," Wendy Moss, a veteran trader at Trafigura Group, said at the FT Global Commodities Summit in Lausan...Read More
There's nothing new-fangled about bauxite mining in Jamaica.The railcars that shuttle thousands of tons of ore from the hills to Discovery Bay on the island's picturesque north coast are the very same ones used by the once-giant American company Kaiser Aluminum, which started mining here in 1967. Under a layer of red dust, they still read "Kaiser Bauxite Co."Yet this 50-year-old facility is at the...Read More
A Kazakh mining company sued the U.K.'s anti-fraud authority for $93 million - the amount it has racked up in legal costs - as the agency moves closer to a decision on whether to charge one of its billionaire owners.Eurasian Natural Resources Corp. claims the SFO colluded with the company's own lawyer to manufacture grounds for a probe, forcing the company to pay millions on legal fees for interna...Read More
Southwest shares are still in the green year-to-dateIt's a busy news day for Southwest Airlines Co (NYSE:LUV), which became the first airline to cut its first-quarter revenue per available seat mile (RASM) forecast after the Boeing 737 MAX 8 planes were grounded following a pair of fatal crashes. Also, LUV reported an emergency landed of the aircraft yesterday, though no passengers were on board....Read More
(Updated with chart) - Trump perma-critics should take a step back from their criticism of his nominee Stephen Moore. The latest attacks against Moore evolve around an opinion piece in the Wall Street Journal suggesting that the Fed focus on targeting stable commodity prices. If one believes that the Fed should be targeting consumer price inflation, a concept that is debatable on its own, focusin...Read More
The final demise of South Africa's gold industry came a step nearer on Wednesday with the announcement that Sibanye Gold Ltd. won't extend the life of Driefontein, once the biggest mine on the continent.Last year the mine, more than 2 miles (3,200 meters) deep, produced about 300,000 ounces of gold, just a fifth of its peak output two decades ago. Now Sibanye will wind down Driefontein's operation...Read More
The health insurer announced a big purchase earlierThe shares of Centene Corp (NYSE:CNC) are spiraling, after the U.S. health insurer said it was buying rival WellCare Health Plans (WCG) in a cash-and-stock deal valued at $17.3 billion, including debt. The purchase is expected to boost CNC's Medicaid division, as well as its exposure to the Medicare Advantage market, and comes amid a renewed effor...Read More
The final demise of South Africa's gold industry came a step nearer on Wednesday with the announcement that Sibanye Gold Ltd. won't extend the life of Driefontein, once the biggest mine on the continent.Last year the mine, more than 2 miles (3,200 meters) deep, produced about 300,000 ounces of gold, just a fifth of its peak output two decades ago. Now Sibanye will wind down Driefontein's operation...Read More
In the wake of the prolonged 1980-82 UK recession, pop band Dire Straits released a tongue and cheek swing record Twisting by the Pool romanticizing the good life on Europe's Mediterranean coast. The song popped into my mind after reading the Federal Reserve's monetary policy statement today. For some reason, the US Federal Reserve has deemed it fit to try and flatten the yield curve by selling s...Read More
The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More
* GRAPHIC-2019 asset returns:* Prices supported by market caution on Alunorte * Alumina market tight while aluminium market well supplied (Adds official prices, fresh quote, bullets, nickel)By Zandi ShabalalaLONDON, March 27 (Reuters) - Aluminium touched a one-weekhigh on Wednesday as inventories fell and prices shrugged offanother step towards a full restart of Norsk Hydro's Brazil alumina operat...Read More
WING's steady climb has sent short sellers scurryingWingstop Inc (NASDAQ:WING) stock is up 2.3% to trade at $73.43, responding positively to BMO initiating coverage on the restaurant chain with an "outperform" rating and $85 price target. The analyst spoke glowingly about the company, calling it a "unicorn" due to a "combination of long-tailed unit growth and superior operating/growth metrics."...Read More
Axsome's AXS-05 depression drug received breakthrough designation statusBiopharmaceutical concern Axsome Therapeutics Inc (NASDAQ:AXSM) is hot today, on news the U.S. Food and Drug Administration (FDA) gave the company's AXS-05 major depressive disorder (MDD) treatment "breakthrough therapy" status. The designation was sparked by the treatment's successful Phase 2 ASCEND study results. Now up 484...Read More
US gold giant Newmont Mining (NYSE:NEM) has put together an executive leadership team that will come into effect once its acquisition of Canada's Goldcorp (TSX:G) (NYSE:GG) is completed, which is expected to happen in the second quarter.Newmont says the team will include some of the industry's top talent and most experienced mining executives known for superior operational execution, consistent pr...Read More