Federal Reserve chairman has assured investors that Federal Reserve will be patient raising interest rates going forward. US dollar is weaker across the globe but has not nosedived. Investors are cautious as $1300 and $1600 are yet to be broken. If US government shutdowns into next week too, then it is just a matter of time that gold and silver will break past key resistances of $1300 and $1600....Read More
Gold miners' exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks. GDXJ takes the crown, besting its la...Read More
- Gold to outperform stocks again in 2019 as seen in 2018 and last 15 years- 15% to 20% gains for gold and 30% to 40% gains for silver quiet likely- Given scale of under valuation, strong fundamentals including robust demand and anemic supply and high level of risk, both precious metals are likely to surge in 2019 and 2020- Gold and silver likely to reach highs over $1,650 and $28 per ounce -...Read More
I put out a commentary Sunday night bearing this tongue-in-cheek headline: "No Chance This Rally Is the Real Deal, Right?" Of course, merely to pose the question is to suggest that it is at least possible the bull market still breathes. Look, I'm as skeptical as you are, a died-in-the-wool permabear who thinks the Dow will ultimately trade below 10,000. And I see the same ugly, seemingly uns...Read More
Federal Reserve chairman has assured investors that Federal Reserve will be patient raising interest rates going forward. US dollar is weaker across the globe but has not nosedived. Investors are cautious as $1300 and $1600 are yet to be broken. If US government shutdowns into next week too, then it is just a matter of time that gold and silver will break past key resistances of $1300 and $1600....Read More
Gold is currently trading at $1,290 per Oz, representing a 0.33 percent gain on the week. The safe haven metal has rallied 5 percent in the last four weeks, courtesy of the dovish Fed expectations and the sell-off in the US dollar - gold's biggest nemesis. Notably, the yellow metal has recovered 61.8 percent of the April-August drop. That is widely considered a sign of bullish reversal. Add to...Read More
"Argo Gold Announces closing of Private Placement of Units and Flow-Through Shares as well as Exploration Plans, Drill Program and Corporate updates https://t.co/72CYP34xPi"Read full newsRead More
Getting in on this IPO could be the easiest way to turn a little bit of money into a lot of money very quickly.It's hard to imagine an IPO doing better than Tilray - the small pot stock that soared nearly 1,000% just weeks after going public.But one analyst may have uncovered a tiny IPO stock that's even better.In fact, the first thing this analyst strongly recommend is for investors to make the...Read More
The Dow, S&P, and Nasdaq all scored weekly wins, thoughThe Dow spent the entire session trading in negative territory as the partial government shutdown dragged out to a 21st day -- matching the longest U.S. government shutdown on record from late 1995-early 1996. Traders also eyed an in-line drop in consumer prices last month and looked ahead to the start of fourth-quarter earnings season, which...Read More
It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More
As we approach the end of the week, gold is trading slightly off its best levels thanks in part to a rebound for the US dollar and the recent recovery in stock prices reducing the appeal of the safe-haven commodity. The metal is still up for the fourth consecutive month, so its struggle to go further higher this week should come as no surprise. Clearly some profit-taking should be expected. It is...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
Tyson just ran into a technical alarm at its 80-day The shares of Tyson Foods, Inc. (NYSE:TSN) were last seen trading 0.6% higher at $57.89 -- up about 16.5% from their Dec. 20 nearly three-year low of $49.77. However, some stiff resistance could cap the poultry name's gains, as a historically bearish technical alarm just sounded for TSN shares. Specifically, TSN stock has been in a downtrend sin...Read More
"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals https://t.co/AgrvL2gosa"Read full newsRead More
"Nexus Gold Completes Acquisition of the New Pilot Gold Project, Bridge River Mining Camp, British Columbia @NexusGoldCorp https://t.co/9t7tUc1fzW"Read full newsRead More
General Motors stock is on track for its best day since late OctoberStocks are pulling back today as the government shutdown drags on. Video game maker Activision Blizzard, Inc. (NASDAQ:ATVI) is lower, while auto stock General Motors Company (NYSE:GM), and cannabis name Aphria Inc (NYSE:APHA) are higher. Below, we'll take a look at the news moving the shares of ATVI, GM, and APHA.ATVI on Verge o...Read More
Weed stocks were hot againU.S. stocks rose this week, though Friday's price action has them set to snap their five-day win streak -- the longest such streak for the S&P 500 Index (SPX) since September. Another streak remains alive, however, as the Dow Jones Industrial Average (DJI), SPX, and Nasdaq (IXIC) each are set for a third straight weekly win. Trade talks between the U.S. and China were the...Read More
"Abattis Bioceuticals (@Abattis) (#CSE: $ATT | #OTC: $ATTBF) Enters Into Definitive Share Exchange Agreement With NutriVida [https://t.co/izvkmD9rkJ]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #marijuananews"Read full newsRead More