ArcelorMittal believes electric vehicles could favor the stronger, cheaper metal.Read full newsRead More
Redeveloping Historic Gold District in Nevada's Walker TrendRead full newsRead More
The miner is accessing higher ore grade at El Gallo mine.Read full newsRead More
Peak gold - the year of maximum global gold production - is upon us. Here's why it's happening now, and why it's great news for gold investors...Read full newsRead More
Illegal mining in Colombia generates about $2.4 billion a year in illicit cash - three times more than its notorious cocaine industry. And like the drug trade, the vast majority of illegal gold is being sent overseas to places like Miami.Read full newsRead More
Harmony Gold Mining Company Ltd:Read full newsRead More
Harmony Gold Mining Co. Ltd. (HAR.JO) said Tuesday that it is on track to meet annual gold-production guidance of 1.1 million ounces for 2018, with first-half gold output up from the previous six-month period.Read full newsRead More
Tech giant Dell has a new initiative in mind: mine gold from old laptops and spin it into jewelry. The initiatives makes sense.Read full newsRead More
Cost-cutting by Barrick, Newmont and Goldcorp pays off'So much less risk' for holders of debt versus equityHaul trucks drive along a haulage road next to an open pit at the Batu Hijau copper and gold mine operated by PT Newmont Nusa Tenggara in Sumbawa, West Nusa Tenggara province, Indonesia, on Wednesday, June 29, 2011. PT Newmont Nusa Tenggara is a unit of Newmont Mining Corp.Photographer: Dadan...Read More
Energy, materials shares lead market lower, Treasuries riseCiti's plans for tax windfall considered big win for investorsHickmore Says Financial Conditions Are Supportive of EquitiesU.S. stocks sank, retreating from all-time highs as commodities producers and industrial shares took a hit with oil and metals in decline. Treasuries rose amid Congressional talks to avert a government shutdown Fr...Read More
The Dow Jones Industrial Average traded above 26,000 for the first time on Tuesday, Jan. 16, and the S&P 500 crossed 2,800 as stocks pushed further into uncharted territory as investors extended bets on a strong corporate earnings season. The Dow gained 176 points, or 0.7%, to 25,984. It crossed 26,000 shortly after markets opened on Tuesday. The blue-chip index blasted t...Read More
Rydex Ratios Go Bonkers, Bears Are Dying OffFor many years we have heard that the poor polar bears were in danger of dying out due to global warming. A fake photograph of one of the magnificent creatures drifting aimlessly in the ocean on a break-away ice floe was reproduced thousands of times all over the internet. In the meantime it has turned out that polar bears are doing so well, they are con...Read More
The Mother of All Blow-OffsWe didn't really plan on writing about investor sentiment again so soon, but last week a few articles in the financial press caught our eye and after reviewing the data, we thought it would be a good idea to post a brief update. When positioning and sentiment reach levels that were never seen before after the market has gone through a blow-off move for more than a year,...Read More
Bitcoin prices continued to plunge Tuesday, falling to the lowest levels since early December and extending their bear-market decline to nearly 40% as regulators around the world line up to caution on cryptocurrency speculation. Bitcoin was marked around $2,000, or 17% lower from its Monday close in early trading on the Bitstamp exchange in Luxembourg, which feeds prices into the CME Group futur...Read More
When was the last time you bought your morning coffee using bitcoin? If you answered never, you're probably not alone. For that reason, said former Federal Reserve Gov. Randy Kroszner, bitcoin shouldn't be considered a crypto currency, but rather a crypto asset. "I think the best way to think about what are called cryptocurrencies is really to say it's crypto assets," Kroszner told TheStreet. "A...Read More
Looking to make the most of Dow 26,000? Jefferies has you covered. In a note Monday, Jan. 15, Jefferies analysts offered seven key small- to mid-cap themes for investors to bear in mind as 2018 continues its upward momentum. Analysts noted that many of the "winning formula" themes build from similar ideas held in 2017, which "worked well and have legs." The seven themes, detailed below, are "not...Read More
The latest news and price moves to start the Asian day on Wednesday January 17.Base metals prices on the London Metal Exchange were mostly lower at the...Read More
The key to bubble analysis is to look at what's causing the bubble. If you get the hidden dynamics right, your ability to collect huge profits or avoid losses is greatly improved.Based on data going back to the 1929 crash, this current bubble looks like a particular kind that can produce large, sudden losses for investors.The market right now is especially susceptible to a sharp correction, or wor...Read More
The Dow broached 24,000 on Nov. 14.It crested 25,000 on Jan. 4.Today… only 12 days later… the Dow briefly crossed 26,000.Is the "melt-up" truly at hand?If so, who - or what - is behind it?And how long can it last?Today we reveal startling new information... information our agents have only now brought to our awareness.But first a brief review...The "melt-up" phase is that period of del...Read More
Cryptocurrencies proved to be one of the biggest winners for investors and speculators in 2017.The daddy of them all, bitcoin, closed out the year near $14,000 - a gain of over 1200%.Bitcoin wasn't the biggest winner however. Ripple posted gains in excess of 30,000%!Cryptos can make people rich in a flash. It’s the reason for their appeal. But people need to know, there's also a dark side to...Read More