A new high leads to selling.The short-term technical position improved.The long-term picture looks good.Three reasons for higher gold.Turbocharged products on dips.In mid-August 2018, a new high in the dollar index took the price of gold to its lowest price since early 2017 at $1161.40 per ounce. Gold did not stay at that level for long, and by the end of August, the price had recovered to over $1...Read More
"The Investing News Network will go live at PDAC on Monday at 3:30 p.m. EST with Rick Rule @RealRickRule. Here's how to tune in: https://t.co/h0p2lTse8J #PDAC2019 #INNatPDAC #interview"Read full newsRead More
In celebration of 25 years of Mellow Gold, our latest Invisible Hits column highlights the strange, fertile years that preceded Beck's breakthrough.Read full newsRead More
Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining's biggest annual gathering in Toronto, Canada.State of Mining Finance 2019, produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, paints a grim picture of...Read More
Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining's biggest annual gathering in Toronto, Canada.State of Mining Finance 2019, produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, paints a grim picture of...Read More
Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining's biggest annual gathering in Toronto, Canada.State of Mining Finance 2019, produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, paints a grim picture of...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index added 4.7 points or 0.4% to close at 1157.83. MACD flipped negative to -1.44. RSI dipped nearly 3 points to 75.05 and remains elevated (60 to high 70s range) as it has been since early January.Support is at 1139 (20-day moving average) and 1144. Overhead resistance m...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), an advanced platform for the automated distribution of omnichannel product information, announced today Peter MacKay, president and CEO at Venzee is attending Shoptalk, one of North America's largest retail trade shows. Each year, Shoptalk hosts a range of investors, retailers, tech companies and analysts to di...Read More
Consolidation among smaller gold miners is expected to be top of mind as much of the industry meets in Toronto this week, with dealmakers cautiously optimistic a fresh wave of buyouts is imminent once major pending transactions are settled.Barrick Gold Corp's $18 billion hostile bid for rival Newmont Mining Corp last week came shortly after the former's acquisition of Randgold Resources and the la...Read More
Consolidation among smaller gold miners is expected to be top of mind as much of the industry meets in Toronto this week, with dealmakers cautiously optimistic a fresh wave of buyouts is imminent once major pending transactions are settled.Barrick Gold Corp's $18 billion hostile bid for rival Newmont Mining Corp last week came shortly after the former's acquisition of Randgold Resources and the la...Read More
eight people dead, 20 rescued from collapsed indonesian gold mineRead full newsRead More
Chris VermeulenPosted Mar 3, 2019The continued rally in Palladium has prompted speculation that Platinum, Gold, and Silver will follow this trend upwards with renewed buying pressure.The one thing that many people are not considering is that Palladium is an industrial use component for many manufacturing sectors – specifically the automotive sector.As traders, we must understand that a rise...Read More
Here are five Fastmarkets MB stories you might have missed on Friday March 1 that are worth another look.Copper-starved London Metal Exchange warehouses could receive a long-awaited influx of metal from an unexpected source, Fastmarkets has learned. The LME has released its pricing procedures and methodologies for the scheduled release of its cash-settled futures contracts on March 11, h...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-warehouse, $ per lb Click here for Fastmarkets' price assessment for alloy-grade cobalt, in-warehouse, $ per lb In light...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-warehouse, $ per lb Click here for Fastmarkets' price assessment for alloy-grade cobalt, in-warehouse, $ per lb In light...Read More
By: Gary TanashianThe number in the title is in honor of the boldest forecast burped up by the gold community in February as the metal (and the miners) jerked upward and jerked the holdout would-be enthusiasts into the market. It was included in the anonymous (but real) quotes from a cautionary post last week on the Gold Bull Horns.We also used these quotes in an NFTRH update in order to tr...Read More
Mar. 1st, 2019(S14-E685)Featured GuestsProf. Burton Malkiel& Bill MurphyPlease Listen HereFormer NFL player Bill Murphy of GATA.org returns with commentary on the stunning advance in palladium. The former industrial metal has an inversion of the typical market dynamics, eclipsing the precious metals king. The host proposes a chief factor sending Palladium higher while gold and platinum remai...Read More
By: Marin KatusaIn 2015, a 16-year-old student from Jiangsu, China, tried to board a train.She couldn't even purchase a ticket.The student, Zhong Pei, tried enrolling in classes at her university. But she was not allowed to do that either. Zhong had committed a serious crime: She was guilty of being related to someone else.Her father had killed two people and died in a car accident. So the Chi...Read More
By: SRSrocco If you're puzzled by the magnitude of the stock market correction since late December, you can thank the central banks for the rally. Yes, that's correct... after the Dow Jones suffered the worst Christmas Eve trading day ever, the massive central bank monetary liquidity helped push the index up 20% from its low over the next two months. Of course, the markets were due for a r...Read More
Infested with CrawdadsNot ApplaudingSteadily More Dovish#3 MandatePuerto Rico, Cleveland, New York, Cleveland, Austin, and DallasIn an ideal world, we wouldn't have to read the Federal Reserve's rabbit entrails to discern the economy. But Since the Fed exists in the real world, and its decisions matter, we have to pay attention.Just so new and perhaps even old readers know my views on the Fed: I...Read More