Marlin Gold Mining Ltd (TSXV:MLN), a metals and mining company based in Canada, received a lot of attention from a substantial price increase on the TSXV over the last fewRead More...Read full newsRead More
The South African workers had been stuck since Wednesday, when a power cut stopped the lifts.Read full newsRead More
All of the nearly 1000 miners trapped in the Sibanye-Stillwater's Beatrix gold mine in South Africa due to a power outage were brought back to the surface.Read full newsRead More
The rescue team faced the difficult task of bringing up hundreds of workers one at a time from the 700-meter deep mine. The workers had been trapped in the mine since Wednesday evening.Read full newsRead More
The optimistic outlook for gold makes now the time to acquire mining junior Seabridge Gold Inc. (TSX:SEA)(NYSE:SA).Read full newsRead More
DUBAI, Feb 4 (Reuters) - Middle Eastern stock markets look likely to be dampened on Sunday by Friday's sharp fall on Wall Street, after U.S. data showed the strongest annual wage growth since 2009 and raised the risk of more interest rate hikes than expected this year.The Dow Jones Industrial Average sank 2.5 percent on Friday, its biggest single-day percentage decline since June 2016. The prospec...Read More
As I keep saying: the status quo has locked the working and middle classes out of today's economic benefits.The reason why the status quo has failed and is fragmenting is demonstrated in wages, employment and assets: wage earners (labor) are in a rowboat trying to catch the yacht of those who own assets (capital).Wages of those employed full time are up a gargantuan $4/week in the 18 years since 2...Read More
The tail is now where the head was generations ago, said 19th-century British historian Thomas Macaulay.Today, the American "tail" wallows in opulence once reserved for the "head" of society.The late political scientist James Q. Wilson:The poorest Americans today live a better life than all but the richest persons 100 years ago.Before air conditioning, for example, even the industrial titan hemorr...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 Friday was an abysmal 36-138-116. The TSX Venture Exchange fell another 32 points to 811, having now completely wiped out its rocket-like rise from 810 to 939 of late December and early January....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 March delivery lost 35 cents to $65.45 on the New York Merc, while Brent for April lost $1.07 to $68.58 (all figures in this para U.S.). Western Canadian Select traded at a discount of $27.70 to WTI (...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 $16.40 to $1,331.90 on Friday. The TSX Venture Exchange slid 32.03 points to 811.68 while the TSX Gold Index lost 5.29 points to 188.74. Canadian golds moved sharply lower today, led by Klondex Mines Ltd. (KDX),...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 ReporterThe TSX Venture Exchange continued to plummet, losing 32.03 points to 811.68 Friday and ending the week down 79.12 points. A former Ron Schmeichel shell target now plans to go public through another shell. That target, HLS Therapeutics...Read More
Featured GuestsCharles Nenner & John ScurciShow HighlightsJohn Scurci, head of Corona Associates Capital Management, outlines his view on the financial markets in 2018. The US Greenback struggled throughout 2017; investors should expect the theme to persist in the new year with profound implications for investors. US equities are priced for a perfect world scenario, which may lead to considerabl...Read More
By John MauldinY2K ReliefFederal CompulsionsRewind the Tape to 1987Correction Odds RisingSonoma, San Diego and SIC, and ElsewhereIf you travel as much as I do, you come to value nonstop flights. Connections introduce uncertainty and potential delays, not to mention what often feels like wasted time; but sometimes connections are just unavoidable. But you don't want them to be too tight. Those fi...Read More
By Gary TanashianOver and over again I've been making goofy headlines about the Amigos, the 3 macro riders who will reach (or abort) their respective destinations, at which point the macro is subject to change. The latest update was yesterday with a daily chart view.Just look at them, the SPX vs. Gold Amigo, the 10yr & 30yr Yield Amigo and the Yield Curve Amigo. So happy-go-lucky while they ride...Read More
Disclosures in the December 2017 statement of account published by the Bank for International Settlements --https://www.bis.org/banking/balsheet/statofacc171231.pdf-- indicate that during December the bank reduced substantially its use of gold swaps and other gold-related derivatives. The information provided in the BIS monthly statement of account is not sufficient to calculate a precise amount...Read More
By David HaggithI'm pretty sure the nation's favorite groundhog, Punxsutawney Phil, knows more about the weather than he does about markets, and I'm not all that sure he knows anything about the weather! In fact, I don't understand the underground methods of this rodent resident of Gobbler's Knob at all. It would seem to me that sighting his shadow should indicate a nice sunny day, which in turn...Read More
By Steve St. AngeloWith the Dow Jones Index falling 665 points today, the risk of a large market correction has just increased significantly. Ironically, I discussed the very indicators that were setting up for a huge market correction in my newest video which I recorded on Tuesday. Unfortunately, I wasn't able to get the video posted on my Youtube channel on Friday morning and now on my we...Read More
By Gary SavageThe correction occurring in the stock market is a normal profit taking event following the development of an extremely right translated cycle. This video examines this correction in the context of stock's entire bull market and projects where stocks will go from here.https://blog.smartmoneytrackerpremium.com/ Read More
We're certain that many of you are asking yourself this question after seeing the markets rotate to the downside so hard recently. If you had been reading our past analysis for the early portion of 2018, you would likely know the answer to this question. If not, this research article will assist in your understanding of the market's rotation and what to expect over the next few weeks/months.We c...Read More