Avrupa Minerals Ltd. (TSXV:AVU) (AVPMF:USOTC) (8AM:Frankfurt) is pleased to announce that it will complete a financing of $1.5 million to fund the drilling program at the Alvalade copper-zinc-lead VMS Project in Portugal and for general working capital.Read full newsRead More
It's been a painful week for pot shareholders whose mellow all time high, and record profits have gotten smoked by a bout of furious selling.Read full newsRead More
CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43% The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and then bounced back hig...Read More
Marijuana stocks suffer broad and sharp losses Monday, and were heading for their worst week in over eight months, as full-legalization in Canada appears to have taken the shine off the sector, despite early indications of strong demand.Read full newsRead More
The most prominent characteristic of gold pricing has been its narrow and tightly defined trading range. On October 11, gold gained over $30 in trading, breaking above key levels of resistance. These resistance levels began at $1,200, a key psychological level, the 50-day moving average which was at $1,204, and finally the 0.618% retracement level at $1,217.60. From there, gold prices began to tra...Read More
The most prominent characteristic of gold pricing has been its narrow and tightly defined trading range. On October 11, gold gained over $30 in trading, breaking above key levels of resistance. These resistance levels began at $1,200, a key psychological level, the 50-day moving average which was at $1,204, and finally the 0.618% retracement level at $1,217.60. From there, gold prices began to tra...Read More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 19, 2018.Number of shares: 11,257,500 shares Purchase price: eight cents per share Warrants: 11,257,500 share purchase warrants to purchase 11,257,500 shares Warrant initial exercise price: 12 centsWarrant term to expiry: two years Number of placees: 42 placees...Read More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 19, 2018.Number of shares: 11,257,500 shares Purchase price: eight cents per share Warrants: 11,257,500 share purchase warrants to purchase 11,257,500 shares Warrant initial exercise price: 12 centsWarrant term to expiry: two years Number of placees: 42 placees...Read More
David Becker1 day agoComex GoldAfter trading sideways for more than 2-months from mid-August to mid-October, many had hoped that the surge in gold prices on October 11, was the beginning of the breakout. While prices continue to form a bull flag pattern, which is a pause that refreshes, the sideways price action is draining. Yields in the US have stabilized with the 10-year near the 3.18 handle, w...Read More
"The S&P/TSX Composite Index moved higher, opening at 15,466.49. The gain was driven by indications that the annual inflation rate dipped as gas price pressures eased. https://t.co/Kg98wBMrG7 #Investing #Resource #Gold"Read full newsRead More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 19, 2018.Number of shares: 68,416,603 sharesPurchase price: 95 cents per shareNumber of placees: 150 placeesPro groups: Thomas Relling, 350,000; Robert Disbrow, 2.15 million; Gilbert Payeur, 50,000; Patricia Hyssop, 20,000; W. Bruce Johnstone, 30,000; Shaun Chin,...Read More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 19, 2018.Number of shares: 68,416,603 sharesPurchase price: 95 cents per shareNumber of placees: 150 placeesPro groups: Thomas Relling, 350,000; Robert Disbrow, 2.15 million; Gilbert Payeur, 50,000; Patricia Hyssop, 20,000; W. Bruce Johnstone, 30,000; Shaun Chin,...Read More
"It is not out of the question that gold could rally along with the US dollar, but they are pretty rare.Certainly a panic could illicit such action.4 gold to get a tailwind, 1 would favor a lower usd.Until dual mid line support is brokenUSD remains in uptrend.96 area key"Read full newsRead More
Oil futures edged higher as questions lingered over Saudi ArabiaIt was another unpredictable session for U.S. equity benchmarks. Today's trading started off strong out of the gate, following suit with a big day for China stocks -- but geopolitical tensions with Saudi Arabia remained at the forefront, and investors quickly turned cautious ahead of an onslaught of earnings reports slated for later t...Read More
(Kitco News) - Interest in gold as a portfolio hedge is coming back this fall, with Bank of America Merrill Lynch (BAML) strategists projecting to see another short-covering rally in the near future.BAML’s positive gold outlook is based on extreme short positioning in gold futures, weaker U.S. dollar forecasts, and investors’ increased demand for a portfolio hedge, the bank’s str...Read More
(Kitco News) - Interest in gold as a portfolio hedge is coming back this fall, with Bank of America Merrill Lynch (BAML) strategists projecting to see another short-covering rally in the near future.BAML’s positive gold outlook is based on extreme short positioning in gold futures, weaker U.S. dollar forecasts, and investors’ increased demand for a portfolio hedge, the bank’s str...Read More
"Industry is disproportionately harsh on governments that make significant & poorly-communicated changes to their investment framework. Is this justified or should we be more understanding? Join the discussion on LinkedIn: https://t.co/T25hJQdn2l"Read full newsRead More
"Copper Lake Commences Field Work on the Mine Lake Gold Property to Follow Up Historical Assays of Up to 62.80 g/t Gold https://t.co/2M4GYwptod"Read full newsRead More
(Kitco News)- Although gold is one of the top traded assets in the worldwhen compared to other markets like U.S. bonds or foreign exchange, it ishugely inefficient, but one fund manager thinks this is going to change.Peter Grosskopf, CEO of SprottMore than a decade ago exchange-traded productsrevolutionized the gold market, and the yellow metal is on the cusp of a newdigital revolution, said Peter...Read More
(Kitco News) - Although gold is one of the top traded assets in the world when compared to other markets like U.S. bonds or foreign exchange, it is hugely inefficient, but one fund manager thinks this is going to change. Peter Grosskopf, CEO of Sprott More than a decade ago exchange-traded products revolutionized the gold market, and the yellow metal is on the cusp of a new digital revolution,...Read More