Wall Street futures slumped lower in early Tuesday trading as investors brace for nearly $260 billion in new debt auctions that could push bond yields higher and reignite a new round of volatility in global markets. Contracts tied to the Dow Jones Industrial Average fell more than 214 points from their Friday close , indicating a 185 point decline for the benchmark at the opening bell...Read More

Political dysfunction in the United States is at an all-time high.Republicans and Democrats are fighting pitched battles on immigration, Obamacare, tax cuts, regulation, infrastructure and just about every other major policy issue you can name. These fights are bitter, involve a lot of name-calling and show no signs of abating soon.The stakes could not be higher. These policy fights are a prelude...Read More

Our hold on reality dangles by a fraying thread… and the psychologist's couch awaits.The stock market is to blame.Consider…The recent correction was (at least in part) triggered by rising long-term interest rates.Yields on the 10-year Treasury nicked 2.88% on Feb. 5 - a whisker from the 3% red line many feared could send stocks on a merry fall.That is the point at which debt begins to...Read More

Buying the dip is suddenly back in fashion again just one week after stocks ripped off their lows.We're not surprised. After all, traders have tossed around the term "buy the dip" so much during this bull market that it has taken on a life of its own. The short saying has morphed into a cheesy market meme all the pundits trot out whenever stocks drop.Not sure what to do as the major averages get v...Read More

Barrick reported its fourth quarter and 2017 year results on February 18, 2017. The company delivered earnings that matched expectation.One crucial issue for the company is about the gold reserves which were revised down by 25% last year to 64.55 M Oz.I am confident that ABX is a good investment and I am prepared to accumulate on any weakness. Courtesy: Barrick Gold Investment Thesis Barrick Gold...Read More

Gold is close to a break to the upside.Mining stocks tend to magnify the performance of the yellow metal.NUGT is a day trading vehicle.JNUG is another way to approach gold on an intraday basis.Leveraged instruments are for the short-term.Gold volatility is picking up. In med-December 2018 the price of April gold futures fell to a low of $1242.70, and by January 25, the yellow metal had risen to a...Read More

http://www.mining.com/An auction for the $2 billion Michiquillay copper project in Peru attracted 10 interested companies according to Peru’s government investment agency Proinversi??n with Southern Copper Corp declared the winner on Tuesday.Reuters reports Southern Copper won the tender with a proposal to transfer $400 million to the government and pay 3% royalties. Southern Copper is contr...Read More

Gold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold stocks could threaten support and...Read More

Gold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold stocks could threaten support and...Read More

Merger and acquisition activity in lithium, copper and cobalt is expected to feature high on the agenda of management teams across the industry given the buzz around new world critical minerals, according to a report by consultancy group EY. Environmental regulations and the electric vehicle (EV) revolution ignited various players to consider investment into the future supply of commodities used i...Read More

European zinc premiums dropped into a wider range, which reflects a retreat by traders from physical positions, while Asian markets held steady in quiet Lunar New Year holiday trading. European zinc market splits, some stockholders offload tonnes. Backwardation comes in but some offers for units in Rotterdam $10 lower. Asian markets quiet for Lunar New Year holidays US premiums unchanged but freig...Read More

Nickel was again the star performer on the London Metal Exchange at the 5pm close on Wednesday February 21, ending with gains of more than 2%.The three-month price recovered $235 per tonne from its previous closing level after significant declines earlier this week - the metal is looking to push back up to $14,000 per tonne."Rising premiums signal demand remains robust, while the limited nature of...Read More

A colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed a tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the headwinds of marginally higher interest rates and a consumer that is bulging from the eyeballs with debt. Windfall tax rebat...Read More

Merger and acquisition activity in lithium, copper and cobalt is expected to feature high on the agenda of management teams across the industry given the buzz around new world critical minerals, according to a report by consultancy group EY. Environmental regulations and the electric vehicle (EV) revolution ignited various players to consider investment into the future supply of commodities used i...Read More

Bob Moriarty ArchivesFeb 21, 2018 Novo shares are going to be on the sales rack from now until March 8th with about 3 million warrants at $.85 expiring then. It's perfectly normal for warrant holders to sell shares in order to exercise the warrants. For the past three weeks about 300,000 to 400,000 shares per day have traded on average. Selling warrant holders don't need to sell one share for each...Read More

Unseasonably strong demand in China propelled low grade manganese ore prices higher, while alloy markets flatlined everywhere but the United States. Low grade manganese ore price gained 32 cents per dmtuHigh grade manganese ore prices lag Alloy prices static in China, India and EuropeAlloy prices strengthen in the US while supply tightens  Low grade manganese ore prices kept rising on Fr...Read More

NuLegacy Gold (NUG.V) has provide more specifics on its widely-anticipated 2018 drill program on the Red Hill property in Nevada. The company expects to get back in the field for a 12,000 meter drill program in March with a specific focus on discovering new gold zones.This announcement isn't entirely unexpected after what could best be described as a 'very successful exploration season' in 2017, w...Read More

Aztec Minerals (AZT.V) is working through a 15 hole drill program at its Cervantes copper-gold project in Mexico's Sonora state, and the drill results of the first few holes are very encouraging. Whilst hole 1 and 2 didn't return any significant metal values (not unexpected, considering this is the first drill program on the property, so the hit rate wasn't expected to be high) whilst hole 4 did c...Read More

Tesla electric automobiles utilize lithium-ion batteries. Photo courtesy Tesla, Inc.It is no secret that speculation in the mineral exploration is currently being driven by optimistic forecasts about the market penetration of electric vehicles and the future impact on demand for lithium ion batteries. That, in turn, is driving investor interest key battery ingredients, including lithium, cobalt an...Read More

Merger and acquisition activity in lithium, copper and cobalt is expected to feature high on the agenda of management teams across the industry given the buzz around new world critical minerals, according to a report by consultancy group EY. Environmental regulations and the electric vehicle (EV) revolution ignited various players to consider investment into the future supply of commodities used i...Read More