Canadian mining giant Teck Resources (TSX:TECK.B)(NYSE:TECK) released its fourth-quarter and annual 2018 results early on Wednesday. Quarterly performance was weaker than what analysts had predicted, but the company broke some new records for the year. The stock has been a great recovery story over the past three years. Does the latest financial report encourage new investment in the resources gi...Read More
Imagine that you - as a retirement investor - had to eschew the usual rote of stock selection based on branding, market cap, and hyperbole. If you were to stick to the usual defensive sectors of the TSX index but go for less obvious stocks to pad out an RRSP, what might those stocks be?Below you will find three suitable stocks that fit the bill, spanning the Canadian energy and mining industries,...Read More
So you want TSX index stocks that will set you up for years to come? Just right for an RRSP or other retirement savings plan, stocks like the following three popular choices offer retirement investors some solid gold routes to defensive dividends. Take a look at the stats as we delve into today's hottest retirement stock picks.Suncor Energy (TSX:SU)(NSE:SU)Towering over the Canadian investment lan...Read More
Nordic Gold's mill at its Laiva Mine near Raahe, Finland. Source: Nordic Gold Corp.Nordic Gold Corp. [NOR-TSXV; FIEIF-OTC] shares lost 38% of their value Wednesday February 13 after the company said it is experiencing liquidity and operational issues at its 100%-owned Laiva Mine near Raahe, Finland.In a status update that triggered heavy selling of the shares, Nordic said these problems are due to...Read More
Visible gold was encountered in the New Discovery area in drill hole BL 18-12. Photo courtesy Galway Metals Ltd.Galway Metals Ltd. [GWM-TSXV; GAYMF-OTC] rallied sharply on Wednesday February 13 after the company reported the first assays from a new gold find at the company's Clarence Stream project in southwest New Brunswick.The discovery hole, BL18-12, returned 7.3 g/t gold over 36.7 metres, incl...Read More
Site plan for Nemaska's Whabouchi lithium mine in Quebec. Source: Nemaska Lithium Inc.Nemaska Lithium Inc. [NMX-TSX; NMKEF-OTCQX; NOT-FSE] shares tumbled Wednesday February 13 after the company said it will need an additional $374 million to complete the construction of its Whabouchi Project (mine and electrochemical plant) in Quebec.The announcement follows a "cost to complete reassessment" which...Read More
What is Saudi Arabia's greatest fear?It's not being called out by the international community over murdering a journalist. It's certainly not over the fact that women in the country were able to vote for the first time only a few years ago or were allowed to drive a car starting only last year. The answer... is camels.You see, neither of those first two things is more frightening to a young Saudi...Read More
This Valentine's Day might best be remembered for two things in particular. One, for the first time in 153 years, candy lovers won't be able to pick up a box of Sweethearts, those classic heart-shaped candies bearing sweet nothings like "BE MINE" and "CRAZY 4 U." And two, consumers are set to spend more than $20 billion on Valentine's gifts for the first time ever, thanks in part to a surge in...Read More
By: Craig Hemke With our initial price goals for 2019 having been achieved, COMEX gold and silver are now in their first pullback phase of the year. How long will it last and what are the next upside price targets?If you've been following along every week, then you'll recall that we were quite adamant regarding a year-end 2018 and Q1 2019 price rally for both gold and silver. From the November...Read More
From Dr. Maya Shetreat, MD:"Don't blame a clown for acting like a clown. Ask yourself why you keep going to the circus."THE WALL STREET CIRCUS DISTRACTS PEOPLE.Wall Street cheerleaders assure everyone stocks go up in the long term. Yes, they rise because the dollar is devalued every year, which they seldom discuss. Their cheerleaders avoid stating that corrections and crashes occur every five to...Read More
By: Ira EpsteinGold (and silver) continues to hold in key support zone of 18-Day Moving Average of Closes. China buying more gold again. Supportive of the gold market. Gold drifting sideways..Read More
By: Stefan Gleason, Money MetalsSocialist Venezuela's economic collapse and hyperinflationary spiral serves as a warning for American investors. It's what can happen when a government spends perpetually beyond its means and refuses to face reality.Despite a U.S. economy that appears relatively strong and stable on the surface, its foundation is beginning to crack under the pressure of a $22 tril...Read More
By: Jordan Roy-Byrne CMT, MFTAGold stocks have to do more to confirm they are in a new bull market.Sure, they've surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let's review where things currently stand.In recent weeks GDX and GDXJ surged abov...Read More
By: Stewart Thomson, Graceland Updates: 1. Is the latest tiny price correction in gold already done? 2. Please click here now. Double-click to enlarge this daily gold chart. The uptrend looks majestic, and especially so in the face of the dollar's strength against the euro and the yen.3. Whether gold rallies from the current $1306 support zone or from $1280 is not imp...Read More
Dear Friend of GATA and Gold:GATA's old friend B.L. has forwarded the text of an excellent letter he has e-mailed to a monetary metals mining company in which he long has been invested, asking whether the company will ever respond to the growing number of disclosures of manipulation of the gold and silver markets.The letter easily could be adapted by any monetary metals mining company investor f...Read More
The Indoos stalled Monday almost precisely at the 25,440 midpoint Hidden Pivot shown. Buyers subsequently gave up almost no ground, setting up a likely move past the resistance on Wednesday. If it's decisively exceeded, that would all but clinch more upside to the 25,998 target. This was already no worse than an even-odds bet because the initial thrust, labeled A-B in the chart, exceeded two...Read More
Former Dallas Fed adviser and Quill Intelligence CEO Danielle DiMartino Booth says Congress has bipartisan blindness when it comes to dealing with the national debt.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic ne...Read More
Income inequality has mushroomed into a political and social problem. Nomi Prins joins Robert & Kim to discuss how Central Banking policies have fueled income inequality. Prins gives an insider's view of how the elites around the world view and deal with income inequality, and how it may impact you.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of al...Read More
Sean Parker, chairman of The Parker Foundation, discusses big tech's data privacy problem.Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More