ROBOTIC TRADING GONE WILD (ROOMBA'S)I am a Market Maker. I represent Small Cap issues (.01-3.00) on Junior Canadian Exchanges. In simple terms, my role is to help establish an orderly Market for these Securities. I have great respect for the Corporations that pay me a fee to conduct my services on their behalf, which covers my associated costs and of course, risk. They d...Read More
I met Steve Leeb in 1980 while working at a Wall Street firm. I have always found Steve's analysis to be excellent. I would strongly suggest that you listen to the interview from the "King World News" website. You cannot afford to miss it.Dr. Stephen Leeb: Broadcast Interview - Available NowRead More
The bad news for shareholders of the Zimbabwe and Romania-focused miner piled up on Friday afternoon, with lender Bergen Global Opportunity Fund calling on conversion rights worth $500,000, meaning Vast must issue 164 million new shares.The $5.5 million tranche B money was to get the Baita Plai polymetallic mine in Romania up and running, the Manaila operation, and on diamond exploration in Z...Read More
Thome, President and CEO of AMEBC.AMEBC (Association for Mineral Exploration British Columbia) is the leading association for the mineral exploration and development sector in British Columbia. The organization represents BC's mineral exploration sector and promotes environmentally responsible mineral development with clear policies, events and tools to support its thousands of members.AMEBC is we...Read More
The processing plant under construction at Lundin Gold's Fruta del Norte mine in Ecuador. Source: Lundin Gold Inc.Sandstorm Gold Ltd. [SSL-TSX, SAND-NYSE American] said Friday January 18 that it has acquired a 0.9% net smelter return royalty interest on precious metals produced from Lundin Gold Inc.'s [LUG-TSX, LUG-OMX] Fruta del Norte mine in Ecuador.Sandstorm said the royalty was acquired form a...Read More
The price of palladium is breaking records.And the financial media is buzzing about the white metal.But before you get sucked into the palladium hype, there are a few things investors should know.Palladium Price 1-YearIn the past five months, palladium prices have increased by almost 60%. Yesterday, the price of palladium soared to over $1,400 an ounce, an all-time high for the metal.That's $100 m...Read More
CloseGain/LossOn WeekGold $1280.70-$11.10-0.59%Silver$15.33-$0.20-1.73%XAU68.38-1.66%-4.64%HUI150.77-1.96%-5.41%GDM571.03-1.19%-3.24%JSE Gold1330.83-22.76-3.81%USD96.37+0.32+0.73%Euro113.66-0.25-0.90%Yen91.24-0.53-1.04%Oil$53.80+$1.73+4.28%10-Year2.787%+0.041+3.15%Bond144.46875-0.5625-0.88%Dow24706.35+1.38%+2.96%Nasdaq7157.23+1.03%+2.66%S&P2670.71+1.32%+2.87% The Metals: ...Read More
By Ira EpsteinSurprise news on China-US Trade Deal progress sinks metals with exception of copper on Friday.https://www.iraepstein.com/ Read More
By David Brady, CFALittle new has occurred in Gold since my last article. The price remains stuck in a narrowing range from 1288-1295. On the one hand, it is close to breaking the channel it has been in since November to the downside. This would obviously be bearish, especially if support at the prior low of 1278 is taken out. Momentum indicators such as the RSI and both MACDs have already turne...Read More
HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with a cutting-edge dialogue on Bitcoin.Fiat money is quickly becoming a true "barbarous relic" thanks to the unsound policies of global central bankers. The host outlines a bullet list of the remarkable qualities of cryptocurrencies "future-money" and the duo engage in a thought provok...Read More
By Gary TanashianLeaving aside our usual inclusion of macro fundamentals and market ratios, today let's take a simple technical look at the S&P 500 and gold.As the US stock market was becoming deeply oversold (and over-hated, sentiment-wise) in December we planned for a holiday seasonal bounce, which finally arrived with the immediate reversal after the Christmas Eve massacre when the machines (...Read More
Since December gold (light blue line) has outperformed the average stock (dark blue) by a nice margin. So why does this feel like such a let-down? Because the stars were aligned for a much bigger move. The structure of the late 2018 futures market had speculators historically short - which normally portends a big price increase. January is also the seasonally best time for gold and silver, since...Read More
By Steve St. AngeloThe U.S. Federal debt bomb continues to increase, even with the government shut down. In just one day, the U.S. public debt increased $50 billion on Jan 15th. While the total outstanding Federal debt has now reached nearly $22 trillion, it doesn't include all U.S. government debt.That's correct... there's a lot more debt than Americans realize sitting on the balance sheet...Read More
Will 2019 be better than 2018 for the yellow metal? We invite you to read our today's article, painting the macroeconomic outlook for 2018 and learn whether fundamental factors will become less or more friendly toward gold. What will 2019 be like? We do not know the precise answer, but we notice a few important economic trends that will shape the new year. 1. Interest rat...Read More
- History may repeat itself for gold demand and prices as world economy looks set to slow- Three reasons for gold's extended rally from 2008 to 2011 may be making a comeback- As global growth looks to be slowing, hopes grow for repeat of 2008-11 rally that saw gold almost triple in valueby Clyde Russell of Thomson ReutersThe three legs that supported gold's extended rally from just after the 2...Read More
Edmonton, January 18, 2019 - Camino Minerals Corp. (TSXV: COR) (OTCQB: CAMZF) (WKN: A116E1) ("Camino" or the "Company") has completed an extensive surface exploration program within the Diva trend at the 20,000 hectare Chapitos Copper-Gold project, near Chala, Southern Peru.As reported on November 22, 2018, Camino has conducted intensified surface exploration at the Chapitos project. Results fro...Read More
CRANBROOK, BC /ACCESSWIRE / January 17, 2019 / Taiga Gold Corp (CSE:"TGC") ("Taiga") has received notice from SGO Mining Inc., a wholly-owned subsidiary of SSR Mining Inc.("SSRM") (TSX:SSRM) (NASDAQ:SSRM) that it has commenced a winter drilling program on the Fisher Property, owned 100% by Taiga and under option to SSRM. Winter drilling will consist of a minimum of 8,000m using two rigs and will...Read More
Failure of gold to break and trade over $1304 by the 25th of January will result in fatigue and a fall to $1272 and $1256. This is just a technical view. However sharp dips should be used to invest with a trailing stop loss below $1230 for the end of April and a price target over $1410. The reason for the above cautious view (despite being very bullish on gold even at the current price of $129...Read More