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Opinion: The bull trade in gold has become uncomfortably crowded

January 11, 2019 / www.marketwatch.com

Gold's near-term outlook has taken a turn for the worse. That's because the gold timers on balance have become quite bullish. In fact, the last time that the average gold timer was more bullish than today was almost exactly one year ago, when gold GCG9, +0.04% traded for around $1,355 an ounce. The yellow metal proceeded to fall some 13% from then until the summer. That is just one data point, of...Read More

Ontario Creating Jobs and Supporting Economic Development in Kenora

January 11, 2019 / news.ontario.ca

Ontario's Government for the People is creating jobs and promoting investment in Northern Ontario by supporting the City of Kenora's plan to revitalize its downtown.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, announced the City of Kenora is receiving $1 million to implement phase four of its Downtown Revitalization Project. This includes construction of a pedestrian-...Read More

Gold scores daily and weekly gain, but fails to breach $1,300

January 11, 2019 / www.marketwatch.com

Gold futures climbed Friday, finishing modestly higher for the week, on the back of overall weakness for the dollar and a retreat in benchmark U.S. stock indexes. February gold GCG9, +0.04% rose $2.10, or 0.2%, to settle at $1,289.50 an ounce. The contract added 0.3% this week, but failed to clear the psychologically important $1,300-an-ounce level, according to FactSet data. The SPDR Gold Shares...Read More

Gold scores daily and weekly gain, but fails to breach $1,300

January 11, 2019 / www.marketwatch.com

Gold futures climbed Friday, finishing modestly higher for the week, on the back of overall weakness for the dollar and a retreat in benchmark U.S. stock indexes. February gold GCG9, +0.04% rose $2.10, or 0.2%, to settle at $1,289.50 an ounce. The contract added 0.3% this week, but failed to clear the psychologically important $1,300-an-ounce level, according to FactSet data. The SPDR Gold Shares...Read More

Surge Exploration (@Surgeexplore) (#TSXV: $SUR | #OTCQB: $SURJF) Announces Spin-Out Company and Plan of Arrangement...

January 11, 2019 / twitter.com

"Surge Exploration (@Surgeexplore) (#TSXV: $SUR | #OTCQB: $SURJF) Announces Spin-Out Company and Plan of Arrangement [https://t.co/Rb8je6EFh0]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #copper #cleanenergy #cobalt"Read full newsRead More

NexTech AR Solutions (@ARitize_app) (#CSE: $NTAR | #OTC: $NEXCF) CEO Announces Shareholders Update [...

January 11, 2019 / twitter.com

"NexTech AR Solutions (@ARitize_app) (#CSE: $NTAR | #OTC: $NEXCF) CEO Announces Shareholders Update [https://t.co/QSqfbMuJEu]#investing #stocks #stockmarket #trading #investors #news #investing #business #investments #tech #augmentedreality #AR #technology"Read full newsRead More

ALROSA increases rough and polished diamond sales to $4.5B

January 11, 2019 / www.mining.com

ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.ALROSA saw a 6% growth in its diamond sales last year due to high demand and positive price dynamics in the first half of 2018. With total sales growing to $4.5 billion. Rough diamonds grew to $4.4 billion and polished diamond sales stood at $95.3 million.In the second half of the year...Read More

ALROSA increases rough and polished diamond sales to $4.5B

January 11, 2019 / www.mining.com

ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.ALROSA saw a 6% growth in its diamond sales last year due to high demand and positive price dynamics in the first half of 2018. With total sales growing to $4.5 billion. Rough diamonds grew to $4.4 billion and polished diamond sales stood at $95.3 million.In the second half of the year...Read More

TomaGold consolidates Monster Lake, acquires Irene Lake property

January 11, 2019 / www.mining.com

TomaGold (TSXV: LOT) announced on Friday an agreement with Quinto Resources (TSXV: QIT) to acquire Quinto's 5% interest in the Monster Lake property for a cash payment of $500,000. Following this transaction, TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.TomaGold has also entered into an agreement with Brunswick Resources Inc. to acquire the I...Read More

TomaGold consolidates Monster Lake, acquires Irene Lake property

January 11, 2019 / www.mining.com

TomaGold (TSXV: LOT) announced on Friday an agreement with Quinto Resources (TSXV: QIT) to acquire Quinto's 5% interest in the Monster Lake property for a cash payment of $500,000. Following this transaction, TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.TomaGold has also entered into an agreement with Brunswick Resources Inc. to acquire the I...Read More

TomaGold consolidates Monster Lake, acquires Irene Lake property

January 11, 2019 / www.mining.com

TomaGold (TSXV: LOT) announced on Friday an agreement with Quinto Resources (TSXV: QIT) to acquire Quinto's 5% interest in the Monster Lake property for a cash payment of $500,000. Following this transaction, TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.TomaGold has also entered into an agreement with Brunswick Resources Inc. to acquire the I...Read More

Bullish Options Traders Blitz Booming Tilray Stock

January 11, 2019 / www.schaeffersresearch.com

Tilray's lockup period ends next TuesdayThe shares of Tilray Inc (NASDAQ:TLRY) are up 21.3% to trade at $97.54, after private-equity firm Privateer Holdings will not sell its TLRY stake when the cannabis company's lockup period expires next Tuesday, Jan. 15. The surge has sparked a rush of activity in Tilray's options pits, and the bulk of the action appears to be of the bullish kind.By the number...Read More

#Yuan Slides After PBOC Reportedly Wary Of Recent Sharp Gains | Zero Hedge

January 11, 2019 / www.zerohedge.com

...the central bank does not want a sharp appreciation by the yuanRead full newsRead More

US Consumer Price Growth Slowest Since Aug 2017 As Gas Prices Plummet | Zero Hedge #cpi

January 11, 2019 / www.zerohedge.com

The gasoline index fell 7.5 percent in December after a 4.2-percent decline the prior month...Read full newsRead More

Beware the Ides of February for Caesars Stock

January 11, 2019 / www.schaeffersresearch.com

CZR is attracting options traders on reports of an Icahn stakeThe shares of Caesars Entertainment Corporation (NASDAQ:CZR) are higher this afternoon, amid reports that activist investor Carl Icahn is building a stake in the casino concern. Against this backdrop, options traders are flocking to CZR to speculate on more upside -- but a technical alarm is sounding for the shares, which has historical...Read More

Canada's first geothermal power facility announced

January 11, 2019 / www.mining.com

Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More

Canada's first geothermal power facility announced

January 11, 2019 / www.mining.com

Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More

Vector Structural Engineering now licensed in Canada

January 11, 2019 / www.mining.com

DRAPER Utah, January 10, 2019 - ?EURRead More

The Gold Market in 2018

January 11, 2019 / www.fxstreet.com

Was 2018 good or bad for the previous metals market? We invite you to read our today’s article and learn more about the most important drivers of the gold pricesin 2018. This analysis should help investors better understand the gold market, and draw investment conclusions for the new year. “Hence, we are neutral to slightly bearish for the gold market in 2018.” – this is wh...Read More

Technical Alarm Sounding Ahead of Alcoa Earnings

January 11, 2019 / www.schaeffersresearch.com

The stock is trading near a trendline with historically bearish implicationsIt's been a volatile stretch for Alcoa Corp (NYSE:AA) stock, per its 60-day historical volatility of 53.9%, which registers in the 97th annual percentile. The options market is expecting this wild price action to continue after the aluminum giant reports fourth-quarter earnings after the market closes next Wednesday, Jan....Read More

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