Jack ChanPosted Apr 12, 2018GLD – on buy signal.***SLV – on buy signal.***GDX – on buy signal.***XGD.TO – on buy signal.***CEF – on buy signal.***GDXJ – on buy signal.***Speculation is in bull market values.Speculation at a new low and yet prices are holding firm.This is a massive bottoming pattern four years in the making, with prices currently testing resistan...Read More
The latest news and price moves to start the Asian day on Friday April 13.Aluminium prices on the London Metal Exchange soared to a 10-year high on Thursday April 12 with the market continuing to react to recent US sanctions against Rusal, while the rest of the base metals complex fell. Read more in our live futures report.Here are how prices looked at Thursday's close:The sanctions on Rusal have...Read More
* Dollar gains as risk appetite makes a comeback* World FX rates year-to-date: http://tmsnrt.rs/2egbfVh* Crude prices at highest since 2014: https://tmsnrt.rs/2IK7hyU (Updates to U.S. market close)By Rodrigo CamposNEW YORK, April 12 (Reuters) - Wall Street led stocks higher globally on Thursday, more than offsetting declines in Asia, as an expected strong earnings season took front seat after U.S....Read More
* Dollar gains as Trump amends previous comments on Syria* World FX rates year-to-date: http://tmsnrt.rs/2egbfVh* Crude prices at highest since 2014: https://tmsnrt.rs/2IK7hyU (Updates prices, adds OPEC comment)By Rodrigo CamposNEW YORK, April 12 (Reuters) - Wall Street led stocks higher globally on Thursday, more than offsetting declines in Asia, as an expected strong earnings season took front s...Read More
* Dollar gains as Trump amends earlier comments on Syria* World FX rates year-to-date http://tmsnrt.rs/2egbfVh* Oil dips from highest since 2014 https://tmsnrt.rs/2IK7hyU (Updates prices, changes comment)By Rodrigo CamposNEW YORK, April 12 (Reuters) - Wall Street led stocks higher globally on Thursday, more than offsetting declines in Asia, as an expected strong earnings season took front seat aft...Read More
* Dollar gains as Trump amends earlier comments on Syria* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* Graphic: Mideast tensions drive crude https://tmsnrt.rs/2IK7hyU (Updates prices, changes dateline from previous LONDON)By Rodrigo CamposNEW YORK, April 12 (Reuters) - Wall Street led stocks higher globally on Thursday, despite declines in Asia, as investors focused on an earnings sea...Read More
The cash will finance drill-ready projects on Goliath's Lucky Strike and Copperhead properties, just outside the famed Golden Triangle, which is receiving renewed interest from a string of miners as the area becomes more accessible and gold prices pick up."Our two properties being drilled are situated in the right geological settings where several large world class mineral deposits have been disco...Read More
Investing.com - Gold slumped on Thursday, as a rise in the U.S. dollar caused a sell-off of the risk adverse precious metal.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, surged 0.37% to 89.55 as of 10:53 AM ET (14:53 GMT).The dollar rose after the latest meeting minutes from the Federal Reserve showed the central bankers felt confide...Read More
Investing.com - Gold prices fell on Thursday, pulling away from the two-month highs hit in the previous session as the stronger dollar weighed and fears over escalating tensions in Syria cooled, but remained on investors’ minds.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $9.5 or 0.68% to $1,350.50 a troy ounce by 05:28 AM ET (09:28 AM GM...Read More
(Adds company news items, futures)April 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18 points lower at 7,239 on Thursday, according to financial bookmakers, with futures FFIc1 down 0.15 percent ahead of the cash market open.* CARPETRIGHT: Struggling British flooring retailer Carpetright CPRC.L said it would seek creditor approval for a restructuring plan to close 92 of its stor...Read More
Image: GlencoreZinc hit a four month low of $3,135 a tonne on Thursday, down more than 12% from its decade high achieved mid-February.Rising fears about trade protectionism have taken the shine off most base metals but zinc's bearish outlook has more to do with new supply; and lots of it.The metal, mainly used to galvanize steel, has more than doubled since hitting multi-year lows in January 2016...Read More
The latest news and price moves to start the Asian day on Friday April 13.Aluminium prices on the London Metal Exchange soared to a 10-year high on Thursday April 12 with the market continuing to react to recent US sanctions against Rusal, while the rest of the base metals complex fell. Read more in our live futures report.Here are how prices looked at Thursday's close:The sanctions on Rusal have...Read More
Torex has traded down significantly on a temporary labor shutdown - a recipe for an undervalued stock.Long term prospects for production increases and expansion are excellent.Gold continues to perform well while the gold producers lag behind, a combination likely to reverse before long.As you can see on the chart below, Torex Gold (OTCPK:TORXF) has had a difficult past year to say the least. The s...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for May delivery gained 25 cents to $67.07 on the New York Merc, while Brent for June lost four cents to $72.02 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to W...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a positive 86-78-120. The TSX Venture Exchange rose four points to 782 while rough diamond prices gained 0.2 per cent this week. Bruce Counts's Lithoquest Diamonds Inc. (LDI) continu...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $18.50 to $1,334.30 on Thursday. The TSX Venture Exchange rose 4.66 points to 781.37 while the TSX Gold Index lost 1.96 points to 186.60. Canadian gold miners lost ground today, with Fred Stanford's Torex Gold R...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter The TSX Venture Exchange gained 4.66 points to 782.37 Thursday.Donald Wright, Avi Grewal and John O'Sullivan have filed a preliminary prospectus to list their second capital pool shell, Cinaport Acquisition Corp. II. They plan to sell...Read More
The latest news and price moves to start the Asian day on Friday April 13.Aluminium prices on the London Metal Exchange soared to a 10-year high on Thursday April 12 with the market continuing to react to recent US sanctions against Rusal, while the rest of the base metals complex fell. Read more in our live futures report.Here are how prices looked at Thursday's close:The sanctions on Rusal have...Read More
New Jersey legislators yesterday passed bills establishing a zero emissions certificate (ZEC) programme that will recognise and compensate eligible nuclear power plants for their zero-carbon attributes and contribution to fuel diversity.PSEG supporters celebrate (Image: @PSEGNews)The New Jersey Senate passed bill S2313 by 28 votes to 9, with the Assembly passing its version of the bill, A3724, by...Read More
The social and environmental impacts of electricity provision affect individuals, economies and countries in ways that are not captured in market prices, but yet are too important to be neglected, according to a report issued today by the OECD Nuclear Energy Agency (NEA). Despite their importance, full accounting for these costs remains difficult, it says.The report - The Full Costs of Electricity...Read More