Investing.com - Gold prices rose to their highest level in more than six weeks in European trade on Tuesday, as investor sentiment remained skewed toward safe-haven assets ahead of testimony from the former FBI director and British elections later this week.Comex gold futures rose to a session peak of $1,292.09 a troy ounce, a level not seen since April 19. It was last at $1,290.61 by 2:45AM ET (0...Read More
(Kitco News) - World stock markets were mostly weaker overnight and U.S. stock indexes are also pointed toward slightly lower openings when the New York day session begins. There is a bit of risk aversion in the marketplace early this week, ahead of key happenings later this week. Also, with many stock indexes around the world at or near record or multi-year highs, there is some normal profit-tak...Read More
Investors who want an equity portfolio that approximates the Toronto Stock Exchange will hold about a third of their portfolio in resource stocks. The further breakdown is: materials stocks (includes gold, metals, forestry and other sub-sectors)-12 per cent; and energy stocks-21 per cent. Here are two specialty equity mutual funds that concentrate in the resource sector.RBC Global Precious Metals...Read More
Bolton, Ontario - Titanium Transportation Group Inc. (TSX-V:TTR) ("Titanium" or the "Company") announced today its intention to implement a share purchase plan (the "Plan") for eligible employees and Titanium's eligible truck owner operators (collectively, "Participants") pending shareholder approval at the Company's upcoming Annual and Special Meeting on June 13, 2017. The Plan will allow Part...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQB: SYATF) (the "Company" or "Siyata") is pleased to announce it has commenced PTCRB certification for its Uniden (R) UV350 4G/LTE in-vehicle connected cellular device which includes approval for the United States FirstNet Network "Band 14".The Uniden (R) UV350 4G/LTE is the world's first and only in-vehicle connected cellular device wit...Read More
Last month, I wrote an article for MiningFeeds that suggested that Renova Group, the diversified business conglomerate run by bullish billionaire businessman Viktor Vekselberg, was gearing up for a run at the London Stock Exchange. This week, an article in Russia's leading financial newspaper, Kommersant, confirms this is precisely what's going on.In mining, it's always a nice surprise when predic...Read More
Last month, I wrote an article for MiningFeeds that suggested that Renova Group, the diversified business conglomerate run by bullish billionaire businessman Viktor Vekselberg, was gearing up for a run at the London Stock Exchange. This week, an article in Russia's leading financial newspaper, Kommersant, confirms this is precisely what's going on.In mining, it's always a nice surprise when predic...Read More
The Bouboulou gold concession, Burkina Faso, West Africa. Source: Nexus Gold Corp.Nexus Gold Corp. [NXS-TSXV; NXXGF-OTC; N6E-FSE: N6E] has received geochemical results from initial sampling program at the Bouboulou gold concession, Burkina Faso, West Africa. The sampling program targeted new areas of interest at the Koala Zone, and west of the Rawema Zone, in preparation of the upcoming Bouboulou...Read More
Is Qatar about to become another riot-ridden Venezuela?Seems likely now that the country's lost its one and only land border to political skirmishes.Saudi Arabia, the country's only neighbor not separated by water, shut down the border this week, claiming Qatar's actions are "destabilizing the region."Around the same time, the UAE, Bahrain, Yemen, and Egypt also cut ties. This leaves the country w...Read More
Well, it happened.Last week, shareholders of ExxonMobil (NYSE: XOM) approved a proposal that, according to Reuters, calls for the company to disclose the impact of compliance with global climate change guidelines on its business.Over the past few years, climate change activists have exercised a number of different options in an effort to get corporate polluters to face up to the burdens they place...Read More
Vancouver, British Columbia - June 6, 2017 (Newsfile Corp.) (Investorideas.com Newswire) OSPREY GOLD DEVELOPMENT LTD. (TSXV: OS) (the "Company" or "Osprey") is pleased to announce it has located and acquired an extensive package of digitized historical data encompassing all four our its current Nova Scotia property assets, namely the Goldenville Gold Project, Lower Seal Harbour Project, Gold Lake...Read More
June 6, 2017 (Investorideas.com Newswire) Silver bull Lior Gantz, editor of Wealth Research Group, discusses why he places silver at the top of his natural resource rankings.I'm a silver bull. It's the one asset class that has gone from bad to worse to nonexistent for most investors, and this is why Wealth Research Group places it at the top of our natural resource rankings.How did this precious m...Read More
June 6, 2017 (Investorideas.com Newswire) A bull market is incubating in the precious metals section, and technical analyst Clive Maund has charted trends that investors should be watching.We "went walkabout" over the past several years, largely deserting the precious metals sector for other greener pastures, because it has been performing so poorly, apart from a dramatic flurry during the first h...Read More
Driven by Credit The jobs report was disappointing. The prices of gold, and even more so silver, took off. In three hours, they gained $18 and 39 cents. Before we try to read into the connection, it is worth pausing to consider how another market responded. We don't often discuss the stock market (and we have not been calling for an imminent stock market collapse as many others have). NYSE margin...Read More
Please Note: There will not be any Gold Seeker reports for the next week or two. CloseGain/LossGold $1293.80+$14.20Silver$17.69+$0.12XAU87.39+5.13%HUI204.55+6.07%GDM661.77+4.62%JSE Gold1410.81+91.44USD96.54-0.27Euro112.79+0.21Yen91.37+0.87Oil$48.19+$0.7910-Year2.143%-0.037T-Bond156.375+0.71875Dow21136.23-0.23%Nasdaq6275.06-0.33%S&P2429.33-0.28% The Metals: Gold climbed higher throughout m...Read More
By Bill Holter As an addendum to yesterday's subscriber article, the topic of "time and sales" needs to be discussed. "Time and sales" is a very simple report that can be requested by literally anyone in any market. For example, when I was a young broker I had a large client who traded a minimum 10,000 shares at a clip. From time to time he would request a time and sales report to make s...Read More
Graceland Updates By Stewart Thomson 1. Gold is the world's ultimate asset, and another spectacular week is underway for investors. While May was mostly sideways (and lower for many gold stocks), it's starting to look like the month of June could be a serious "barnburner".2. Please click here now. Double-click to enlarge this daily bars gold chart.3. Gold tends to stage a de...Read More