Optimism about the resource space is running high, and PDAC President Glenn Mullan believes this year's convention is shaping up to be a good one.Read full newsRead More
Gold was flat on Friday while silver, copper and oil all fell on the back of the Trump administration's tariffs announcement.Read full newsRead More
Available size at the top of the book in the US equity futures market - i.e. how many futures can trade without impacting price - has deteriorated sharply and has remained depressed since Feb 5th. Here's why.Read full newsRead More
The industry leader can't come close to matching the growth of this up-and-comer.Read full newsRead More
VANCOUVER, March 2, 2018 /CNW/ - Goldgroup Mining Inc. ('Goldgroup' or the 'Company') (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces gold production for 20...Read full newsRead More
Not all gold stocks are created equal, especially these two facing prolonged production disruptions.Read full newsRead More
In the heart of Alaska's remote southwestern Kuskokwim Mountains, two Canadian mining companies could soon get the green light to dig a massive open-pit mine to access what they describe as one of the largest undeveloped gold deposits in the world.Read full newsRead More
Gold slid to a two-month low on Thursday, so what happened to talk of the metal's breakout year?Read full newsRead More
The industry leader can't come close to matching the growth of this up-and-comer.Read full newsRead More
The industry leader can't come close to matching the growth of this up-and-comer.Read full newsRead More
Adam HamiltonArchivesMar 02, 2018 The US dollar has fallen rather sharply over the past year or so, despite ongoing Fed rate hikes. This persistent dollar weakness has really boosted gold. There's a fascinating interplay between these two currencies and futures speculators' expectations for Fed rate hikes. These traders hang on every word from top Fed officials, which greatly influences their trad...Read More
Here Are 3 Hot Things to Know About Stocks Right Now For the week the S&P lost 2.04%, the Dow tanked 3.05% and the Nasdaq declined 1.08%.At one point during Friday's session, the Dow was down 391 points.The Dow remains 2,078 points below its all-time high on Jan. 26. Wall Street Overview Stocks turned mixed on Friday, March 2, as investors reacted to President Donald Trump's...Read More
S&P 500 shrugs off early losses, small cap shares lead rallyGold and silver rally, industrials lead European shares lowerPlurimi CIO Favors Cyclical Stocks Despite Tariffs ThreatU.S. stocks ended a volatile session higher, paring a weekly decline, as investors speculated that President Donald Trump’s tough tariff talk won’t translate into the most severe protectionist policies. Treas...Read More
Trump Says 'Trade Wars Are Good, and Easy to Win'President Donald Trump is touting the virtues of a trade war. In the $5.1 trillion-a-day currency market, the yen has emerged as a clear winner from the escalating rhetoric.The latest move pushes forward the administration’s trade agenda, after it took similar actions on other goods this year and jawboned the dollar lower. The potential...Read More
U.S. stock futures extended declines Friday after President Donald Trump said that trade wars were "easy to win", suggesting his plan to impose stiff import tariffs on steel could ignite harsher reaction from around the world. U.S. equity futures, which had attempted to stabilize in European early trading following yesterday's sharp declines that loped more than 400 points from the Dow Jones Ind...Read More
Bank of England Governor Mark Carney said cryptocurrencies were "failing" and urged a global crackdown on the $450 market in order to align them with the broader financial system. Carney, a long-time critic of digital currencies, addressed the question of their ability to replace traditional money during a speech in Edinburgh, Scotland, arguing they were proving to be a poor way to store value a...Read More
A popular thesis since the 1930s is that a natural progression exists from currency wars to trade wars to shooting wars. Both history and analysis support this thesis.Currency wars do not exist all the time; they arise under certain conditions and persist until there is either systemic reform or systemic collapse. The conditions that give rise to currency wars are too much debt and too little grow...Read More
"Trump Proposes Tax Hike for Millions of Americans. Markets Plunge."Did you catch this headline this morning?You did not, of course.We spun it from the whole cloth.But it may as well be authentic.Details to follow.First the news...The Trump administration proposed a weighty 25% tariff on steel imports yesterday.Aluminum imports must pay a 10% entry fee.The tariff could potentially apply to all nat...Read More
That's not necessarily a bad thing.While we've seen a few big declines across indexes, they've almost all been immediately offset by big rallies the next day.The five-day chart for the North American pot index highlights this perfectly.There's volatility, but it's not favoring one direction over another.That flux is being mirrored in Washington, where the National Governors Association descended t...Read More
Today we're going to look at an under-utilized, but hugely advantageous dollar-stretching opportunity - buying used instead of new.When you buy a new car, it loses 10% of its value the first mile you drive it off the lot. A year later, it's gone down 20%."New" has a value, so the first step to successfully buying used is to subtract the "cost of new."3 Rules for Buying UsedRule #1: Start in a rang...Read More