The billionaire investment titan warns there's a "significant risk" of a possible economic recession in the United States in 2020.Dalio, co-CIO and co-chairman of Bridgewater Associates, says, "It's going to be globally a slow up. It's not just the United States."But the billionaire investment titan also says a pause in Fed rate hikes makes it possible to "extend the equilibrium."Matthew J. Belved...Read More
There's also bearish activity in the options pits todayUnited States Steel Corporation (NYSE:X) is slated to report earnings after the market closes next Wednesday, Jan. 30, and brokerage Jefferies is expecting the company's numbers to disappoint. The firm lowered its opinion on X shares to "hold" and cut its price target to $24 from $27, saying flat steel margins have been under pressure, which c...Read More
They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets.For much of the last decade many conservative market analysts have decried our reliance on monetary stimulus to prop up the economy and the stock market. But in the final months of 2018, in the face of the worst stock market declines in a decade, many of these supposedly...Read More
They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets.For much of the last decade many conservative market analysts have decried our reliance on monetary stimulus to prop up the economy and the stock market. But in the final months of 2018, in the face of the worst stock market declines in a decade, many of these supposedly...Read More
"Gold Resource Corporation Achieves 2018 Annual Gold and Silver Production Targets @resource_gold https://t.co/pNPFa823o6"Read full newsRead More
SALT LAKE CITY, UT - Dyno Nobel, a global leader in commercial explosives, is launching its newest product, EZshot (R). This exciting technology offers users the benefits of accurate electronic timing with the ease of use of NONEL shock tube. The EZshot detonator series is an exclusive design for underground perimeter blasting. This system gives the customer the ability to use electronic timing fo...Read More
Existing home sales fell to a three-year low last monthThe Dow Jones Industrial Average (DJI) is more than 185 points lower on concerns surrounding the global economy. Specifically, China reported its slowest economic growth in 28 years, and the International Monetary Fund (IMF) cut its growth forecast for this year and next. Adding to that, traders are digesting disappointing data from the Nation...Read More
Option traders are betting on more downside for the sinking sharesThe shares of CRISPR Therapeutics AG (NASDAQ:CRSP) are getting hammered today, after the company entered an agreement with Germany's ProBioGen to research and develop gene-editing technology. Meanwhile, Citigroup poured salt in the proverbial CRSP wounds, downgrading the stock to "sell" from "neutral," and cutting its price target b...Read More
Ford Motor will report earnings after the close tomorrowEarnings season is hitting high gear, and one of the first auto names due up is Ford Motor Company (NYSE:F), scheduled to report fourth-quarter earnings after the close tomorrow, Jan. 23. F stock has been more volatile than usual lately, per its 30-day historical volatility of 45.7% -- in the 95th annual percentile -- and the options market...Read More
South Africa-based explosives leader BME will be showcasing its African presence, expertise and technology at the 2019 Investing in African Mining Indaba from February 4th to 7th in Cape Town; it will also highlight its strengthened presence in West Africa, which is poised to become one of the top five gold-producing regions in the world."The mood is even more buoyant than it has been in previous...Read More
South Africa-based explosives leader BME will be showcasing its African presence, expertise and technology at the 2019 Investing in African Mining Indaba from February 4th to 7th in Cape Town; it will also highlight its strengthened presence in West Africa, which is poised to become one of the top five gold-producing regions in the world."The mood is even more buoyant than it has been in previous...Read More
South Africa-based explosives leader BME will be showcasing its African presence, expertise and technology at the 2019 Investing in African Mining Indaba from February 4th to 7th in Cape Town; it will also highlight its strengthened presence in West Africa, which is poised to become one of the top five gold-producing regions in the world."The mood is even more buoyant than it has been in previous...Read More
South Africa-based explosives leader BME will be showcasing its African presence, expertise and technology at the 2019 Investing in African Mining Indaba from February 4th to 7th in Cape Town; it will also highlight its strengthened presence in West Africa, which is poised to become one of the top five gold-producing regions in the world."The mood is even more buoyant than it has been in previous...Read More
Roxgold (TSX: ROXG; US-OTC: ROGFF) expects its Yaramoko mine in Burkina Faso will produce between 145,000 and 155,000 ounces this year at cash costs of $440-$470 per oz. and all-in sustaining costs of $765-795 per oz.The company expects to have a strong year with the addition of Yaramoko's second high-grade underground mine, Bagassi South, which is expected to reach commercial production in the se...Read More
GOLD Spot gold regained traction and bounced from Asian low at $1277, as renewed risk-off mode on IMF downgrade of global growth forecast increased safe-haven demand. Fresh gains struggle to return above rising 20SMA ($1284), close above which is needed to complete Doji reversal pattern on daily chart and shift near-term focus towards $1287 (10SMA) and $1292 (Friday's high). Flat momentum and...Read More
Roxgold (TSX: ROXG; US-OTC: ROGFF) expects its Yaramoko mine in Burkina Faso will produce between 145,000 and 155,000 ounces this year at cash costs of $440-$470 per oz. and all-in sustaining costs of $765-795 per oz.The company expects to have a strong year with the addition of Yaramoko's second high-grade underground mine, Bagassi South, which is expected to reach commercial production in the se...Read More
New Jersey Mining (CNSX: NJMC; US-OTC: NJMC) has intersected gold mineralization at its Paymaster Shoot in Idaho's Coeur D'Alene district grading as high as 70.3 grams gold over 0.35 metres. The company drilled both holes to extend gold mineralization down dip from exploratory holes it drilled at Paymaster in 2012.Paymaster is the next mineralized zone south of the Skookum Shoot, part of the compa...Read More
New Jersey Mining (CNSX: NJMC; US-OTC: NJMC) has intersected gold mineralization at its Paymaster Shoot in Idaho's Coeur D'Alene district grading as high as 70.3 grams gold over 0.35 metres. The company drilled both holes to extend gold mineralization down dip from exploratory holes it drilled at Paymaster in 2012.Paymaster is the next mineralized zone south of the Skookum Shoot, part of the compa...Read More
• Pessimism over global growth hits risk sentiment and underpin demand for safe-haven assets. • Sliding US bond yields offset a modest USD uptick and remained supportive of the up-move. Gold staged a goodish rebound from closer to over two-week lows, set in the previous session, and for now seems to have snapped three consecutive days of losing streak...Read More
Bearish betting has been picking up speed on the retail stockAnalysts at Goldman Sachs are adjusting ratings on retail stocks today. For Gap Inc (NYSE:GPS), this meant a downgrade to "sell" from "neutral" and price-target cut to $23 from $27, with the brokerage firm citing concerns over slowing brand momentum. At last check, GPS stock is down 2.6% at $25.26, retreating from a trendline with histor...Read More