* World and European indexes at 3-week high * Samsung profit warning weighs on Asia * Dollar ticks up, euro hit by weak German data * Bond yields resume rise in Europe, U.S. markets * Oil stays firm in commodity markets * Graphic: World FX rates in 2019 By Marc JonesLONDON, Jan 8 (Reuters) - A strong day for Europe and a jumpin Wall Street futures kept world stocks at a three-week high onTuesday,...Read More
Defiance Silver Corp (TSX-V: DEF) and ValOro Resources (TSX-V: VRO) have created a combined company that keeps the name Defiance Silver Corp., following a friendly merger under the Business Corporations Act of the Canadian province of British Columbia.In a media statement, the Vancouver-based miners describe Defiance Silver Corp as "a leading diversified explorer with an advanced portfolio of Mexi...Read More
Defiance Silver Corp (TSX-V: DEF) and ValOro Resources (TSX-V: VRO) have created a combined company that keeps the name Defiance Silver Corp., following a friendly merger under the Business Corporations Act of the Canadian province of British Columbia.In a media statement, the Vancouver-based miners describe Defiance Silver Corp as "a leading diversified explorer with an advanced portfolio of Mexi...Read More
(Updates with closing prices)By Eric OnstadLONDON, Jan 8 (Reuters) - Aluminium prices slipped onTuesday as bearish speculators kept up selling pressure, whileother base metals were lacklustre ahead of the conclusion ofU.S.-China trade talks.Aluminium has been the worst performer on the London MetalExchange during the last two months on concerns about excesssupply that gathered momentum after the U...Read More
Falcon Gold (TSXV: FG) reported that its exploration team in Argentina found high-grade gold mineralization at concessions of its Esperanza Resources S.A. project, also known as ERSA.The project is located in the western La Rioja province and it is comprised of seven mineral concessions covering an aggregate area of 20,461 hectares. The property sits on the Sierra de Las Minas District, which is r...Read More
Falcon Gold (TSXV: FG) reported that its exploration team in Argentina found high-grade gold mineralization at concessions of its Esperanza Resources S.A. project, also known as ERSA.The project is located in the western La Rioja province and it is comprised of seven mineral concessions covering an aggregate area of 20,461 hectares. The property sits on the Sierra de Las Minas District, which is r...Read More
Getting "funded" means traders can take risks without putting their own money on the line.It is possible to build a large portfolio and never lose money from a trade ever again.Need proof?Here's how it works... Every day, "regular" traders turn into professional part-time "funded traders" using a unique trading program.All it takes is undergoing training, and learning the materials.Then someone li...Read More
Gold trades like a safe haven because in part that's what it is.The yen is a piece of crap, but it trades like a safe haven due to the relentless popularity of yen carry trades.Divergences or non-confirmations between gold and the yen can create trading opportunities.Editor's note: Originally published at tsi-blog.com on January 8, 2019 About five months ago I posted an article in response to...Read More
How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More
Stock prices have become synonymous with economic growth and prosperity.In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation caused by the Fed's money printing and lascivious enablement of rampant credit creation.If the stock market was "big fat ugly bubble" in 2016, what is it now?The stock market has become the United States' "sacred cow."...Read More
Canada's Kirkland Lake Gold (TSX. NYSE: KL) announced Tuesday record gold production for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.The Toronto-based miner produced 723,477 ounces of gold last year, a 21% increase from the 596,405 ounces generated in 2017.T...Read More
Canada's Kirkland Lake Gold (TSX. NYSE: KL) announced Tuesday record gold production for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.The Toronto-based miner produced 723,477 ounces of gold last year, a 21% increase from the 596,405 ounces generated in 2017.T...Read More
Canada's Kirkland Lake Gold (TSX. NYSE: KL) announced Tuesday record gold production for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.The Toronto-based miner produced 723,477 ounces of gold last year, a 21% increase from the 596,405 ounces generated in 2017.T...Read More
Copper output in Chile, the leading producing nation, is expected to exceed 6 million tonnes for the first time this year and continue to rise by about 30% over the next 10 years, according to the country's state copper agency, Cochilco.Production of the red metal, the agency says, could reach a record of 7.25 million tonnes as early as 2025, thanks mainly to new projects and planned expansions to...Read More
Copper output in Chile, the leading producing nation, is expected to exceed 6 million tonnes for the first time this year and continue to rise by about 30% over the next 10 years, according to the country's state copper agency, Cochilco.Production of the red metal, the agency says, could reach a record of 7.25 million tonnes as early as 2025, thanks mainly to new projects and planned expansions to...Read More
Gold was one of the most liquid assets of 2018, with daily trading volumes in the same neighborhood as S&P 500 companies, according to the World Gold Council.This past Friday, Federal Reserve Chairman Jerome Powell commented that "we will be patient" with further rate hikes, which I believe is good news.The Dallas Fed president, Robert Kaplan, said he supported putting additional rate hikes on...Read More
Published8:17PM ET Mon,7 Jan 2019Updated6 Hours AgoReuters Getty ImagesGold bullion bars and coins.Gold fell on Tuesday as global stocks rose on improved prospects for a U.S.-China trade deal and the dollar regained some ground, while palladium notched a fresh all-time high on tight supply.Spot gold slipped 0.3 percent to $1,284.75 per ounce as of 1:48 p.m. ET. U.S. gold futures settled down $4...Read More
The makeshift mine collapsed trapping villagers seeking gold in north-eastern Badakhshan province.Read full newsRead More
Base metals prices on the London Metal Exchange were collectively higher at the close of trading on Monday January 7, with low volumes capping price rallies amid a continued dip in the dollar index. Despite this, zinc's three-month price climbed 2.4% on just 8,000 lots traded by the close, reaching an intraday high of $2,500 per tonne for the first time since December 28 amid low LME stocks.Alumin...Read More
Fastmarkets proposes to discontinue its weekly aluminium premium assessments for aluminium P1020A fob Singapore and aluminium P1020A fob Malaysia. The proposal is based on market feedback that these markets see limited liquidity on an fob basis, with some sources noting that market participants in this region use premiums on an fca basis or in-warehouse warrants instead as a pricing reference. Sub...Read More