Plans by OZ Minerals to expand copper output could be more ambitious than is currently appreciated with investors likely to quiz management this week at the company's annual strategy day about speculation that the new Carrapateena mine in South Australia could double in size.Tim TreadgoldNew thinking: OZ Minerals might double Carrapateena start-up mining rate29 MAY 201829/05/2018commentsshare Whil...Read More
The pilot plant at the Korokoro gold project in Mali, West Africa. Source: Goldex Resources Ltd.Shares of Goldex Resources Ltd. [GDX-TSXV] have gained over 164% in the last three trading sessions ending Tuesday May 29 after the company said a suspension of trading in its shares on the Frankurt Stock Exchange (FSE) was lifted on May 24, 2018."The company is fully disclosed of all material informati...Read More
The Saudis and Russians got together last week to talk about easing the caps on oil.These caps were put in place to drive oil up from the low $30s a barrel. With oil trading more than double that and Venezuela and Iran oil production looking vulnerable, a boost in production is on the table.As a result, WTI crude dropped $5 a barrel to $67.07. Brent crude fell more than 3% to $76.02 but is up this...Read More
May 29, 2018 (Investorideas.com Newswire) With demand for cobalt skyrocketing, a near-term, fully permitted cobalt mine in Idaho is garnering attention by continuing to hit its milestones.Cobalt, a key component in batteries for electric vehicles, has seen its price more than triple over the last two years. A new report by Bloomberg New Energy Finance analysts highlights that cobalt shortages "are...Read More
May 29, 2018 (Investorideas.com Newswire) Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.Maurice Jackson: Joining us today is Jamie Keech of Capitalist Exploits. Today we'll be discussing platinum. Jamie, thank you for talking with me today about platinum. First, tell us about Capitalist Exp...Read More
The government is always terrible. It is terrible under Trump, and it was terrible under Obama. But the selective rage only ensures that the government will continue to be terrible into the next administration, and beyond.Have you seen the picture floating around of the detained immigrant children in what looks like a dog kennel?“This is happening right now,” tweeted Obama’s form...Read More
The New In Gold We Trust Report is Here!As announced in our latest gold market update last week, this year's In Gold We Trust report by our good friends Ronald Stoeferle and Mark Valek has just been released. This is the biggest and most comprehensive gold research report in the world, and as always contains a wealth of interesting new material, as well as the traditional large collection of chart...Read More
May 29, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest moves in the gold and silver markets.Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal. Short-term signals can last for days...Read More
Crude Oil Market Structure - Extremes in Speculative Net Long PositionsOn May 28, markets were closed so this Report is coming out a day later than normal. The price of gold rose nine bucks, and the price of silver 4 pennies. With little action here, we thought we would write 1,000 words' worth about oil. Here is a chart showing oil prices and open interest in crude oil futures. WTIC (West Texas...Read More
Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.Maurice Jackson: Joining us today is Jamie Keech of Capitalist Exploits. Today we'll be discussing platinum. Jamie, thank you for talking with me today about platinum. First, tell us about Capitalist Exploits.Jamie Keech: Capitalist Exploits...Read More
Everything that can possibly go wrong in Italy is now going wrong. Once again they're edging into chaos. Right now they'd like to pull a rabbit out of a hat and save it all, but it's getting to the point where nothing can save them. The debt is just too high.And speaking of that FSN Community Member Bill wants to know when the global monetary reset is coming. John is absolutely certain and believe...Read More
David Smith: Debilitating Inflation Is Like an Army of Termites Eating Away Your House - DOWNLOAD MP3Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up David Smith joins me to talk about the ongoing destruction of the U.S. dollar. He explains why he believes those who continue to ignore the dollar's decline will end up like the homeowner who one day discovers his house has s...Read More
The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work.The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg In...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/gold-...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need t...Read More
Eight Capital reviewed the new assay results from this miner's Val d'Or project. A May 17 research report indicated the Deep A zone at Wesdome Gold Mines Ltd. (WDO:TSX) Kiena complex "continues to impress," based on just released assays from five drill holes there, wrote analyst Craig Stanley with Eight Capital. "All intersected gold mineralization greater than 1 ounce per ton (1 oz/ton)."One of...Read More
Canada's Energold Drilling Corp (TSXV: EGD) has confirmed stronger sales and margin momentum in its core mineral drilling business in the first three months of 2018, saying "activity [was] up substantially in the period". The company reported C$1.4 million EBITDA on first-quarter revenue of $23.9 million, its "highest quarterly revenue in four years".Staff reporterLong mineral drilling sector wint...Read More
Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals. Maurice Jackson: Joining us today is Jamie Keech of Capitalist Exploits. Today we'll be discussing platinum. Jamie, thank you for talking with me today about platinum. First, tell us about Capitalist Exploits.Jamie Keech: Capitalist Exploits i...Read More
Strengths? The best performing metal this week was platinum, up 1.50 percent on expected Chinese demand for the metal, where demand for heavy-duty emission legislation will come into play by 2020. Bloomberg's weekly survey showed that gold traders and analysts are divided on their outlook for bullion prices for next week. The yellow metal rose higher this week amid mounting geopo...Read More
Part 1 (parts 2 & 3 below)Part 2Part 3Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian...Read More
Technical analyst Jack Chan charts the latest moves in the gold and silver markets. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are more suitable for tr...Read More