Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES GRADUATION TO TIER 1 OF THE TSX VENTURE EXCHANGETelson Mining Corp. has been approved for graduation from Tier 2 issuer status to Tier 1 issuer status by the TSX Venture Exchange. Telson will commence trading as a Tier 1 issuer on the TSX Venture Exchange on Tuesday, May 29, 2018. Tier 1 is the premier tier on the TSX Venture Exchange a...Read More
* Safe-haven demand dwindles * U.S. team in N.Korea to prepare for summit * Dollar strengthens to new 2018 high * Gold falls below $1,300 * COMEX net long at 10-month low (Updates prices)By Peter HobsonLONDON, May 28 (Reuters) - Gold prices fell for a secondsession on Monday after U.S. President Donald Trump revivedhopes that he would meet North Korean leader Kim Jong Un nextmonth, lowering politi...Read More
Angkor Gold Corp. (ANK.V) (ANKOF) ("Angkor" or "the Company") President J.P. Dau is pleased to provide an update regarding progress recently observed at the Mesco mine site.In 2013 Angkor sold for $1.8 million US in cash a 12 km2 portion of its Oyadao South Exploration Licence, known as Phum SyarungRead full newsRead More
A gold exploration proposal near Yellowstone National Park faced a significant setback as a judge blamed Montana officials for understating the potential for mining to harm land, water and wildlife. The ruling released Friday means the Montana Department of Environmental Quality would have...Read full newsRead More
What happens when COT large speculators abandon a net long VIX futures position?The following is a reprint of the market commentary from the June 2018 edition of The Option Advisor, published on May 25. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.In the aftermath of the February 2018 volatility "melt-up" -- whic...Read More
TORONTO, May 24, 2018-- Red Pine Exploration Inc. announces results from nine drill holes at its Wawa Gold Project, located approximately 2 kilometres east of Wawa, Ontario. The drill holes were part of ...Read full newsRead More
Canada's Millbrook Minerals has recently inked an historic deal with Cuban state mining company GeoMinera S.A. to explore and develop three former cobre-zinc-silver-gold producing assets in the country.The agreement makes the Ontario-based privately held miner the first Canadian firm to sign a deal in Cuba since the mid 90's. It also establishes it as the first company to sign an International Ec...Read More
Canada's Millbrook Minerals has recently inked an historic deal with Cuban state mining company GeoMinera S.A. to explore and develop three former cobre-zinc-silver-gold producing assets in the country.The agreement makes the Ontario-based privately held miner the first Canadian firm to sign a deal in Cuba since the mid 90's. It also establishes it as the first company to sign an International Ec...Read More
Canada's Millbrook Minerals has recently inked an historic deal with Cuban state mining company GeoMinera S.A. to explore and develop three former cobre-zinc-silver-gold producing assets in the country.The agreement makes the Ontario-based privately held miner the first Canadian firm to sign a deal in Cuba since the mid 90's. It also establishes it as the first company to sign an International Ec...Read More
Investing.com - Gold prices were lower for the second consecutive session on Monday, falling further below the $1,300 level amid waning safe haven demand on the back of easing geopolitical tensions.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.40 or 0.56% to $1,296.40 a troy ounce by 05:03 AM ET (09:03 AM GMT), not far from an overnight low o...Read More
China's state-owned Chinalco is set to close the gap on privately run China Hongqiao Group , the world's top aluminium producer, after sealing a deal with the Yunnan government that gives it access to more smelting capacity.Yunnan Metallurgical Group, which controls Yunnan Aluminium Co Ltd, will be merged into China Copper Co, a joint venture between Chinalco and the Yunnan provincial government,...Read More
Australian iron ore producer Fortescue Metals Group (ASX:FMG) is going ahead with its plans to build a new $1.3 billion mine in the Pilbara region, which will lift the grade of its ores and so satisfy the new demands of its biggest customer, China, which is increasingly asking for higher quality ore for steel mills to help cut smog.The Eliwana iron ore mine will use the latest technology, includin...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In a holiday-shortened trading week, the Index leapt as trading began on Tuesday and notched a brand new all-time intra-day high at 1319.29. However, it corrected sharply from its heavily overbought position and ended the week below the key 1300 level. In all, the Index fell 1.5% to clos...Read More
SHANGHAI, May 28 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index touched a high of 94.3 last Friday and closed 0.62% higher at 94.24 due to robust US manufacturing data and weakened euro.LME base metals fell across the board except for zinc. LME lead closed over 2% lower, but its week-on-week gain of 4.5% was the...Read More
SHANGHAI, May 28 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index touched a high of 94.3 last Friday and closed 0.62% higher at 94.24 due to robust US manufacturing data and weakened euro.LME base metals fell across the board except for zinc. LME lead closed over 2% lower, but its week-on-week gain of 4.5% was the...Read More
SHANGHAI, May 28 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index touched a high of 94.3 last Friday and closed 0.62% higher at 94.24 due to robust US manufacturing data and weakened euro.LME base metals fell across the board except for zinc. LME lead closed over 2% lower, but its week-on-week gain of 4.5% was the...Read More
Featured GuestsPeter Schiff & Bob HoyeShow HighlightsPeter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary. Our guest expects fireworks in the gold and silver shares market, as Fed policymakers backpedal on rate hikes. To save the domestic economy from deflationary collapse, policymakers will turn dovish and expand the balance s...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12May 28, 2018 A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation. Ross Perot The best way to destroy the capitalist system is to debauch the currency. Vladimir Lenin The problem started before World War I. The gold standard was working...Read More
By Dave KranzlerA branch manager gets home loans for borrowers with weak credit or low incomes and taxpayers back him up. - Bloomberg.comBloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston - Angelo Christian - has recreated the Jordan Belfort story ("The Wolf Wall Street") using subprime quality, Government-backed mortgage.The Government now...Read More
By Avi GilburtFor those that are familiar with American football, you would likely understand the strategy that the team that controls the clock usually controls the game.But, what happens if the clock is broken and the game just keeps going and going and going? Well, it is no different than when an analyst makes a claim that the stock market is going to crash, and makes this claim week after we...Read More