SPX Trendline Battle, Relative Strength in RUTWe reviewed the daily charts after yesterday's close and noticed that the Russell 2000 Index, the NYA and transportation stocks all exhibited relative strength (the same holds actually for the DJIA), particularly vs. the FANG/NDX group. This is happening just as the SPX is battling with an extremely important trendline. As we pointed out before, relati...Read More
Kirkland Lake, Ontario - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Mistango River Resources (CSE: MIS) (the "Company") is pleased to report that the Company will drill test 7 anomalies from its newly acquired claim package in the Sackville/Aldina twps. Several identified targets derived from a IP survey and the recently completed work at its 100%-owned Sackville/Aldina Property...Read More
Prices in the light iron scrap market in the United Kingdom edged downward by ?5 per tonne on Thursday March 29, bringing last week's predictions by traders of imminent price falls to reality.Weaker export markets made larger merchants lower their prices, leading to the first drop in prices for four weeks, after three weeks of stability.Metal Bulletin's price assessment for UK grade-5C ferrous sc...Read More
Please Note: US Markets are closed tomorrow for Good Friday. CloseGain/LossOn WeekGold $1325.90+$0.20-1.47%Silver$16.34+$0.05-1.15%XAU81.12+1.85%-0.47%HUI175.41+1.52%-0.82%GDM612.39+1.10%-0.74%JSE Gold1127.39-3.86-0.34%USD90.06-0.07+0.68%Euro123.04-0.02-0.42%Yen94.05+0.49-1.72%Oil$64.94+$0.56-1.43%10-Year2.742%-0.031-2.49%Bond146.40625+0.53125+0.97%Dow24103.11+1.07%+2.42%Nasdaq7063.44+1.64%+1...Read More
A Word on 1987 Analogies - Why Even Bother?As our friend Dimitri Speck noted in his recent update, the chart pattern of the SPX continues to follow famous crash antecedents quite closely, but obviously not precisely. In particular, the decisive trendline break was rejected for the moment. If the market were to follow the 1987 analog with precision, it would already have crashed this week. Neverthe...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
By Ira EpsteinStable before Easter.https://www.iraepstein.com/ Read More
The European aluminium secondary market has set a fresh 2018 low for the seventh straight week due to falling London Metal Exchange and scrap prices as well as increased availability. Metal Bulletin's assessment of secondary aluminium 226 diecasting ingot prices fell to ?,?1,760-1,810 ($2,176-2,238) per tonne on Thursday March 29, down from ?,?1,790-1,840 per tonne on March 23. "It is a stran...Read More
Celente talks about Russia phobia, the provocations and accusations towards Putin, and the serious doubts about the sanity and stability of UK Government with Theresa May and Boris Johnson. He also talks about the markets, money, of hope and a better world and system for humanity.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the nati...Read More
As a general rule, the most successful man in life is the man who has the best informationA frequently trotted-out rule in investing is when there is blood in the streets, it's time to take a stock position. When it comes to senior, mid-tier and junior gold stocks, the blood is definitely flowing, despite gold rising 4% year-on-year and 12.5% throughout 2017. The reason for gold stocks' current...Read More
Tom Gallo, an analyst with Canaccord Genuity, makes the case for investing in this company with a "top-tier" mine in Northern Ireland. A March 26 research note indicated Canaccord Genuity transferred primary coverage of Dalradian Resources Inc. (DNA:TSX) to Tom Gallo from Eric Zaunscherb. "Our view remains that the company's wholly owned Curraghinalt project, one of the highest grade, undevelope...Read More
Representatives of major international mining companies active in the Democratic Republic of Congo (DRC) have submitted a formal proposal to the country's Ministry of Mines that they say is designed to address their concerns about the recently-revised mining code as well as the government's revenue needs. Among other things, the proposal includes linking a sliding scale of royalty rates to the pri...Read More
Topics Include:*Update on 3rd Great Gold Bull Market*Proper portfolio allocation when it comes to gold*The difference in mindset between investors that are trying to accumulate wealth, versus investors who have wealth and are trying to protect it*Gold as insurance versus investment*Currency Wars*Trade Wars*Moving jobs from outside the US, into the US*North Korea UpdateJim Rickards is a lawyer, inv...Read More
LONDON, 29 March 2018 - BullionVault's research director Adrian Ash was a guest yesterday on India's leading financial news channel, CNBC TV-18.Posted today by the channel's sister site Moneycontrol, the 7-minute interview with commodities presenter Manisha Gupta looks at gold, silver and platinum price action during the first 3 months of 2018, plus Adrian's outlook for prices and demand from he...Read More
Comex copper prices staged a modest rally in the US morning on Thursday March 29, with investor sentiment turning positive following a softer dollar and easing geopolitical tensions. Copper for May settlement on the Comex division of the New York Mercantile Exchange rose 3.75 cents or 1.3% to $3.0395 per lb. Geopolitical tensions are lessening, leading to a pick-up in investor appetite for the met...Read More
"We're living on quantitative easing."Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this tech...Read More
By Koos Jansenhttps://www.bullionstar.com/According to the United States Treasury its 261 million ounces (? 8,100 tonnes) in official gold reserves are fully audited and accounted for. Because for many decades rumours are making rounds this gold has been covertly sold, in this essay we'll thoroughly scrutinise the audits - indirectly evaluating the accuracy of the gold claims by the Treasury. Wh...Read More
RememberLIBOR? The interest rate which soared during the global financial crisis? It’son the rise again, but almost no one is paying adequate attention to it. We are– and we will analyze for you what this means for thegold market. Hello LIBOR,My Old FriendSimon and Garfunkel sang about darkness, the oldfriend. We can refer these words to LIBOR which has come to talk with us again.I bet...Read More
Back in the 1990s, critics of the dot-com bubble used to point out that the global economy depended on the US stock market and the US stock market depended on, like, ten Internet stocks with negative aggregate earnings. The resulting inverted financial pyramid was, the critics claimed, very easy to tip over.They were right of course. But apparently not right enough to keep us from repeating the...Read More