The correction in industrial metals was a case of "buy the rumour and sell the fact". The rumour was a trade deal between USA-China. Now that the trade deal is more or less a done deal, there was profit booking. There can be more corrections in industrial metals and thereafter a period of consolidation. The next big move will be next week around the release of various US jobs numbers. Once detai...Read More
1. The biggest driver of major markets right now is the possibility of a US-China trade deal.2. On that note, please click here now. The US government's wild launch of tariff taxes caused global markets to swoon in the first half of 2018. Gold and the Chinese stock market were hurt more than a lot of other markets.3. Gold has done well with QE, QT, falling rates, and rising...Read More
By: IRA EPSTEINGold Price action consolidating in narrowing ranges. 18 day average is key (~1322.70$)Read More
The recent plunge in Heinz-Kraft shares reminds us that even Warren Buffett can make a mistake. A couple of years ago, it might have seemed as though the Sage's portfolio was impervious to downturns, given its heavy focus on the basics: food chain, railroads and insurance companies. As it happens, his bet on such time-tested brands as Oscar Mayer, Jell-o, Kraft Singles, Kool Whip and Cheez-Whiz...Read More
The correction in industrial metals was a case of "buy the rumour and sell the fact". The rumour was a trade deal between USA-China. Now that the trade deal is more or less a done deal, there was profit booking. There can be more corrections in industrial metals and thereafter a period of consolidation. The next big move will be next week around the release of various US jobs numbers. Once detai...Read More
"Tree of Knowledge International Corp. (@tok_int) (#CSE: $TOKI | #OTC: $TRKWF) Medically Focused, Backed by Science [https://t.co/shyYFHbtPy]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks #CBD #hemp"Read full newsRead More
"CRYSTAL LAKE GETS APPROVAL FOR OPTION AGREEMENT FOR NEWMONT LAKE PROJECT -- #CrystalLake $CLM #CrystalLakeMining #momentumstocks #smallcap #PeterLightfoot #Nickel #Cobalt #Mining #Exploration -- Read the News Release here: https://t.co/T3vUTAPPkR"Read full newsRead More
Silver Spruce Resources Inc. (TSXV:SSE) (Frankfort:S6Q) announces that it has closed its current non-brokered private placement and raised gross proceeds of $434,221.03 (the offering). The offering will consist of the issuance of 17,368,841 shares and 17,368,831 warrants.Read full newsRead More
"Canada Cobalt Works, Ontario's cobalt player to watch. Don't forget, Their Re-2OX process at SGS has produced a technical-grade cobalt sulphateRead About it:https://t.co/EJL7yeNzav#CCW $CCW @canadacobalt #Cobalt #Mining #Silver #SmallCaps #batterymetals#momentumstocks"Read full newsRead More
OTTAWA - Today Greg Rickford, Minister of Energy, Northern Development and Mines stood before the federal Senate Standing Committee on the Government of Canada's proposed Bill C-69, which overhauls the Federal Environmental Assessment Act and politicizes the approval process for resource development and energy projects.Speaking on behalf of the workers affected by the Bill, Minister Rickford expre...Read More
Renforth Resources Inc. (CSE:RFR) (Read full newsRead More
Wall Street considered ugly housing data and a strong consumer confidence report U.S. stocks traded on both sides of breakeven today, as traders digested earnings, economic data, and commentary from Fed Chair Jerome Powell. The Dow ultimately ended lower, on Home Depot's (HD) poor earnings reaction and an analyst-induced Caterpillar (CAT) pullback, while tech strength couldn't keep the Nasdaq and...Read More
"CRYSTAL LAKE GETS APPROVAL FOR OPTION AGREEMENT FOR NEWMONT LAKE PROJECT -- #CrystalLake $CLM #CrystalLakeMining #momentumstocks #smallcap #PeterLightfoot #Nickel #Cobalt #Mining #Exploration -- Read the News Release here: https://t.co/T3vUTAPPkR"Read full newsRead More
Credit Suisse just slashed its price target to $16 from $17A price-target cut from Credit Suisse to $16 from $17 in the wake of the company's fourth-quarter earnings report has Range Resources Corp. (NYSE:RRC) stock slipping today. The energy shares are now now trading down 5% at $10.46. This negative price action echoes the stock's longer-term trend, with RRC shedding over 50% from its mid-Oct...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
"Cradle Arc to the grave - latest RNS from former miner in administration says it will allow #AIM listing to be cancelled |https://t.co/Ubzl2k4VyW $CRA"Read full newsRead More
Nexus Gold (TSXV:NXS, OTC:NXXGF, Frankfurt:N6E) is pleased to announce that it has closed an initial tranche of its non-brokered private placement.Read full newsRead More
Think gold will be a good inflation hedge in coming months? Think again. Consider: If gold GCJ9, -1.64% were a good inflation hedge, its inflation-adjusted price would be constant. Yet, while U.S. inflation (as judged by the Consumer Price Index) has declined in each month since last October, gold has risen nearly 12%. In the process, the gold-to-CPI ratio has risen markedly, from below 4.8 to ne...Read More