Ireland-headquartered drilling products manufacturer Mincon (AIM:MCON) is improving profit margins on rising sales, according to Dublin-based stockbroker Davy, after the company reported a 34% year-on-year increase in first quarter revenues.Staff reporter Nordic market helping drive Mincon revenue growth26 APRIL 201826/04/2018commentsshareMincon said this week recent acquisitions had contributed l...Read More
Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver remain in place. 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 buy signal. Short-term signals can last for day...Read More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
Source: Clive Maund for Streetwise Reports 04/25/2018 Technical analyst Clive Maund discusses the trend of earnings relative to stock market cycles. -->Decades ago, the famous market analyst Joseph Granville stated that "there is more maintained stupidity in this business than probably in any other business in the world," referring to the stock market. He was right, except that the governme...Read More
CloseGain/LossGold $1317.50-$5.60Silver$16.52-$0.04XAU82.52+0.07%HUI180.53-0.17%GDM630.18+0.33%JSE Gold1095.67+0.56USD91.59+0.39Euro121.06-0.68Yen91.60+0.07Oil$68.19+$0.1410-Year2.982%-0.044T-Bond142.46875+0.71875Dow24322.34+0.99%Nasdaq7118.68+1.64%S&P2666.94+1.04% The Metals: Gold fell $7.70 to $1315.40 by midday in New York before it bounced back higher into the close,...Read More
A Canadian silver mining company releases its 2017 financials and news on what is the highest-grade undeveloped asset in the world. MAG's Juanicipio JV ProjectMAG Silver Corp. (MAG:TSX; MAG:NYSE.American), a Canada-based silver mining company, released its 2017 financials late Q1 2018. In a recent report, the company says it has "cash and cash equivalents totaling US$160.4 million as at December...Read More
It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium.Lithium, or “white petroleum” as some call it, has become a crucial element in today’s high-tech economy.Demand for lithium is soaring, and producers are frantically searching for new sources of supply. Prices have doubled...Read More
Nickel intermediates could provide the most cost-effective means of bringing on-stream additional class one nickel units to serve the growing battery market, according to Frank Nikolic, head of base metals intelligence at Vale. Nickel demand from the battery sector could increase to 1.8 million tonnes by 2030 from 700,000 tonnes by 2025, according to Vale's upside forecast. Its more conservative f...Read More
Analyst Andrew Kaip with BMO Capital Markets relayed this Canadian precious metals company's latest accomplishment. Gold and silver barsIn an April 23 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Sabina Gold & Silver Corp. (SBB:TSX; RXC:FSE; SGSVF:OTCPK) achieved "a key milestone" with its Back River project in Nunavut by finalizing with the Kitikmeot Inuit Assoc...Read More
By Avi GilburtOne of the main benefits of understanding Elliott Wave analysis is that it places the market into a larger degree objective context from which you can make your major decisions about your investments.While most analysis is either strongly bullish or strongly bearish for years on end (as I am sure many of you read perma-bears and perma-bulls alike), markets do not work like that. Th...Read More
Silver,silver, and silver – that’s all there seems to matter to the more short-termoriented investors. But, there’s so much more that’s going on than just therally in the white metal that just got invalidated! The dynamics in theprecious metals market extend well beyond the above and the signal that’scoming from silver – as important as it is for the short run &...Read More
CloseGain/LossGold $1317.50-$5.60Silver$16.52-$0.04XAU82.52+0.07%HUI180.53-0.17%GDM630.18+0.33%JSE Gold1095.67+0.56USD91.59+0.39Euro121.06-0.68Yen91.60+0.07Oil$68.19+$0.1410-Year2.982%-0.044T-Bond142.46875+0.71875Dow24322.34+0.99%Nasdaq7118.68+1.64%S&P2666.94+1.04% The Metals: Gold fell $7.70 to $1315.40 by midday in New York before it bounced back higher into the close,...Read More
CloseGain/LossGold $1317.50-$5.60Silver$16.52-$0.04XAU82.52+0.07%HUI180.53-0.17%GDM630.18+0.33%JSE Gold1095.67+0.56USD91.59+0.39Euro121.06-0.68Yen91.60+0.07Oil$68.19+$0.1410-Year2.982%-0.044T-Bond142.46875+0.71875Dow24322.34+0.99%Nasdaq7118.68+1.64%S&P2666.94+1.04% The Metals: Gold fell $7.70 to $1315.40 by midday in New York before it bounced back higher into the close,...Read More
Full Article/Video: Are We On The Verge Of A Silver Crunch?By: Johann WiebeSilver supply has not yet peaked, and the range-bound trading pattern is due to excessive supply above ground, not below it, according to Johann Wiebe, Lead Metals Analyst at Thomson Reuters.In an interview with Kitco News, Wiebe said that on the demand front, the biggest drivers last year have been industrial, specificall...Read More
TSX Venture Symbol: COR OTCQB Symbol: CAMZF Frankfurt Symbol: XC01VANCOUVER , April 26, 2018 /CNW/ - Camino Minerals Corporation ("Camino" or the "Company") (COR:TSX-V) is pleased to report results for the first diamond drill hole completed as part of the 2018 drill program on the Adriana Zone ("Adriana") at its Los Chapitos Project ("Chapitos"), located in southern Peru. Select drill highlight...Read More
COLORADO SPRINGS, CO, April 26, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for April 2018 payable on May 23, 2018 to shareholders of record as of May 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico a...Read More
Whatis Bitcoin?Is it just a payment system, money or investment asset? Nobody knows for sure –it generates enormous definition and classification problems. But it’sunderstandable, as Bitcoin in a new player in town. However, people also cannotagree on what gold really is. Let’s solve this problem once and for all. Itwill enable us later to adopt the right gold investing philosoph...Read More
Big companies report blow-out earnings. Home prices soar. North Korea promises to end its nuke program, possibly averting another Asian war.And stocks fall.Does this mean the news no longer matters? That's exactly what it means. But it never did matter. In a world this complex, big things both good and bad are always happening. So the events themselves are less important than our interpretation...Read More
"I want to believe the path you threw out for consideration in Andy's office - that there's no way [Trump] gets elected - but I'm afraid we can't take that risk," Continue...Read More