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Gold Vs. Equities: 'The Magical Metal No Match For American Mettle' - Warren Buffett #Kitco #warrenbuffet #gold...

February 25, 2019 / twitter.com

"Gold Vs. Equities: 'The Magical Metal No Match For American Mettle' - Warren Buffett#Kitco #warrenbuffet #gold #equities #stocks https://t.co/iyykRJXXvb"Read full newsRead More

Put Buyers Blitz Home Depot Stock Before Earnings

February 25, 2019 / www.schaeffersresearch.com

HD has added over 20% since late DecemberHome improvement retailer Home Depot Inc (NYSE:HD) is down 0.4% at $191.67 in afternoon trading. Options traders are positioned for even bigger losses for the Dow stock after the company'sfourth-quarter earnings report, due before the market opens tomorrow, Feb. 26. Here's a closer look at how HD stock has been performing in the lead up to this scheduled e...Read More

Analyst: Dump This Pot Stock Now

February 25, 2019 / www.schaeffersresearch.com

Jefferies just initiated coverage with an "underperform" ratingThe shares of the marijuana concern Cronos Group Inc (NASDAQ:CRON) are sinking today, after Jefferies initiated coverage on the stock. The analyst started CRON with an "underperform" rating, and questioned "when Altria value creation will being to materialize," following the cigarette company's decision to invest $1.8 billion in Cronos...Read More

#Barrick has confirmed it wants to take over Newmont Mining in a $19b all-share deal that would create a mammoth...

February 25, 2019 / twitter.com

"#Barrick has confirmed it wants to take over Newmont Mining in a $19b all-share deal that would create a mammoth #gold miner | https://t.co/nL7nVqhIcX $ABX $NEM"Read full newsRead More

APC Options Bears Won Big as Stock Spiraled

February 25, 2019 / www.schaeffersresearch.com

Speculators doubled their money with February putsSubscribers to Schaeffer's PowerTrend service doubled their money with the Anadarko Petroleum Company (NYSE:APC) February 57.50 put. Here's a quick look at why we expected a big move lower from the oil stock, and how the profitable options trade unfolded.At the time of our recommendation on Thursday, Nov. 1, APC had just experienced a bearish outs...Read More

Newmont fires back at "unqualified" Barrick team's "shocking" record

February 25, 2019 / www.mining.com

Whether it was a premeditated move by CEO Mark Bristow to launch Barrick's hostile bid only a couple of hours before Newmont's outgoing boss Gary Goldberg was scheduled to speak to a select group of investors isn't clear.What is apparent though is that the outgoing Newmont CEO came prepared for such an eventuality by opening his presentation at the BMO Capital Markets mining conference in Hollywoo...Read More

Newmont fires back at "unqualified" Barrick team's "shocking" record

February 25, 2019 / www.mining.com

Whether it was a premeditated move by CEO Mark Bristow to launch Barrick's hostile bid only a couple of hours before Newmont's outgoing boss Gary Goldberg was scheduled to speak to a select group of investors isn't clear.What is apparent though is that the outgoing Newmont CEO came prepared for such an eventuality by opening his presentation at the BMO Capital Markets mining conference in Hollywoo...Read More

Trump Trade Tweets Have Dow Eyeing Highest Close Since October

February 25, 2019 / www.schaeffersresearch.com

Oil prices are pulling back after a Trump tweetThe Dow Jones Industrial Average (DJI) is up over 167 points at midday, on track for its highest close since Oct. 9, after U.S. President Donald Trump's tariff tweet said the March 1 trade deadline with China has been extended. POTUS also tweeted about a potential upcoming meeting between the leaders of the two countries at Mar-a-Lago. The S&P 500 In...Read More

Pre-Earnings Traders Target Key Macy's Chart Level

February 25, 2019 / www.schaeffersresearch.com

Macy's has lost almost 33% of its value in the past six monthsMacy's Inc (NYSE:M) is scheduled to report earnings before the open tomorrow, Feb. 26, as the shares continue to test the $24 level, last seen at $24.47. The stock has been bouncing atop this price point since its early January bear gap, sparked by the company's ugly holiday season performance, Friday bottoming out at $23.95 before clos...Read More

Anglo American restarts Australian coal operations after worker fatality

February 25, 2019 / www.mining.com

Anglo American has restarted operations at its Moranbah North coal facility in Australia's Queensland state, it said on Monday, after one worker died and several were injured in a collision underground last week.The London-listed miner said in a statement it was still investigating the incident, as was the state's mines safety inspector, which involved a personnel carrier and a grading vehicle las...Read More

Newcrest CEO says 'happy to do M&A' if right value for shareholders

February 25, 2019 / www.mining.com

Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday his company would pursue a potential acquisition only if it were the right value for investors, adding that he would prefer to buy assets rather than whole companies."We are happy to do M&A if it's the right value for shareholders," Biswas said at the BMO Global Metals & Mining Conference. "The entire focus in not on the size of oun...Read More

Newcrest CEO says 'happy to do M&A' if right value for shareholders

February 25, 2019 / www.mining.com

Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday his company would pursue a potential acquisition only if it were the right value for investors, adding that he would prefer to buy assets rather than whole companies."We are happy to do M&A if it's the right value for shareholders," Biswas said at the BMO Global Metals & Mining Conference. "The entire focus in not on the size of oun...Read More

Newcrest CEO says 'happy to do M&A' if right value for shareholders

February 25, 2019 / www.mining.com

Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday his company would pursue a potential acquisition only if it were the right value for investors, adding that he would prefer to buy assets rather than whole companies."We are happy to do M&A if it's the right value for shareholders," Biswas said at the BMO Global Metals & Mining Conference. "The entire focus in not on the size of oun...Read More

Barrick CEO defends $18B hostile Newmont bid as logical tie-up

February 25, 2019 / www.mining.com

Barrick Gold Corp's chief executive defended the world's largest gold producer's hostile $18 billion bid for Newmont Mining Corp saying on Monday the deal is "logical" for an industry battling high costs and depleting resources.Barrick, which recently completed a $6.1 billion acquisition of Africa-focused Randgold Resources, launched its all-stock bid on Monday, encouraging the U.S. rival to ditch...Read More

IAU: The Latest Fed Minutes Are Supportive For Gold

February 25, 2019 / seekingalpha.com

The IAU ETF is up 12.06% since October 2018, as the Fed has turned increasingly dovish.The latest Fed minutes reveal how the Fed's economic outlook has become more uncertain, which will result in more dovishness for the foreseeable future.Various Fed members have come out to express their view that the US economy may not need more rate hikes amid weakening economic conditions.The iShares Gold...Read More

Barrick Gold launches unsolicited bid to acquire Newmont in all-stock mining deal

February 25, 2019 / www.cnbc.com

Barrick Gold announces that it has made a proposal to the Newmont Mining to merge in an all-share transaction.Barrick CEO Mark Bristow says the merger would unlock more than $7 billion net present value of real synergies.The merger, if approved, would come after years of stagnant gold prices, with futures trapped between $1,000 and $1,400 per ounce over the last several years.Thomas Franck | Tom D...Read More

Analyst Sees More Upside Coming For Rallying Pulse Biosciences

February 25, 2019 / www.schaeffersresearch.com

Short interest remains very high on PLSE stockNano-pulse technology expert Pulse Biosciences Inc (NASDAQ:PLSE) has seen its stock shoot higher in recent weeks, with the rally essentially starting at the end of January, when the shares were trading near $12. Today, PLSE stock is trading at 17.66, though this puts its 3.1% lower on the day, even after a positive analyst note. Specifically, H.C. Wain...Read More

OceanaGold tables resource at WKP prospect in New Zealand

February 25, 2019 / www.mining.com

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

OceanaGold tables resource at WKP prospect in New Zealand

February 25, 2019 / www.mining.com

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

OceanaGold tables resource at WKP prospect in New Zealand

February 25, 2019 / www.mining.com

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

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