(IDEX Online) - The growth in US sales of jewelry and watches in June dropped to its lowest level in two years, barely above zero at 0.8 per cent (and too small to register on the graph below).Think back just over a year to April 2021, when year-on-year growth was an unprecedented 218 per cent. And to the previous April when it was minus 54 per cent.June 2022 was the month when the US annual infla...Read More
Executive chairman David Ledger provides an update on Zenith Minerals' transition to focus on its lithium assets in Western Australia and the demerger of its non-battery minerals projects.Read More
The firm's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) slumped to C$1.684 million in the second quarter from $47.Read More
This improvement in costs was a result of higher zinc and gold by-product credits and higher copper production, the firm said.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points in pre-opening trade. Micron dropped $2.35 to $59.10 after lowering revenue guidance. Enbridge added $0.45 to Cdn$55.80 on news that Canada and the U.S. are making progress on negotiations to settle the Line 5 pipeline issue. Take Two dropped $3.51 to $122.00 after reporting lower than consensus second quart...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has released an updated resource estimate for the Twin Hills gold discovery in Namibia, which could add more ounces to the company's impending prefeasibility study expected out by September.The new resource (at a 0.5 grams gold per tonne cut-off) holds 2.75 million troy oz. in the measured and indicated categories grading 1.13 grams per tonne in 6.7 milli...Read More
Calgary-based E3 Lithium (TSXV: ETL; US-OTC: EEMMF) recently announced the successful manufacture of a small batch of sorbent, a critical chemical component of its plan to produce battery-grade lithium products at its Clearwater project from brines in the historic Leduc Formation in Alberta.The company, which has developed direct lithium extraction technology as capable of generating more than 90%...Read More
Denison Mines (TSX: DML) has made an improved offer to acquire UEX Corp. (TSX: UEX) after seeing its U.S.-based rival Uranium Energy Corp. (UEC) trump its original bid earlier this week. The new proposal would see UEX shareholders receive 0.32 of a Denison share for UEX share held, representing an implied purchase price of $0.51 per UEX share on a spot basis.Denison said this offer represents...Read More
This week's episode features InTheMoneyStocks.com chief market strategist Gareth Soloway in conversation with host Adrian Pocobelli on recent developments in financial markets. Gareth explains the background of his investment style, while giving his view on the stock market, bonds, currencies, industrial metals, and his $5000 outlook on gold.All this and more with host Adrian Pocobelli.Music Credi...Read More
Foran Mining (TSX.V: FOM; OTCQX: FMCXF) has inked a preliminary deal for a $200-million investment by the Ontario Teachers' Pension Plan Board, for the company's McIlvenna Bay copper project in Saskatchewan.The agreement locks the parties into an exclusivity period deal, with the goal of signing a definitive agreement in the third quarter.The proceeds of the proposed $180-million convertible secur...Read More
Canada's Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) saw its finances shaken in the second quarter of the year due to lower mined grades at its 75%-owned Gibraltar open pit copper mine in British Columbia.The company posted adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1.7 million for the three months ended June 30, a 96% drop when compared to the almost...Read More
We spoke with Don Smith, who is Managing Director of Tempest Minerals Ltd (TEM), an Australian based, mineral exploration Company, with a diversified portfolio of projects, in Western Australia, considered highly prospective for precious, base and energy metals. The Company's 1,000 square kilometers exploration portfolio holds high prospectivity, for a number of commodities, including copper, gold...Read More
Woj - Twitter, Released on 8/9/22Ron Paul in 1988:"It almost looks like the FBI was designed to spy on Americans who might be disagreeing with policy."pic.twitter.com/NbxPSbZp6B- Woj ???u???? (@Woj_Pawelczyk) August 9, 2022 Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestselle...Read More
Citizen Free Press, Released on 8/9/22"This is 100% desperation...I think they've jumped the shark on this.""Culturally and politically the power structure knows that they're not with the People."Continue... Alex Jones: The FBI raid will propel Trump to victory added by Herman James on 08/10/2022View all posts by Herman James ?+'Read More
LONDON, 9 August 2022 - Comment from BullionVault's director of research Adrian Ash today leads a report on the outlook for fund-management and other large investor flows to gold from institutional news-site FE Trustnet.Citing gold's strong first-half performance amid the wider financial markets' sell-off in 2022, "The risk of recession becoming longer-term stagflation is likely to see portfolio m...Read More
USA Watchdog, Released on 8/9/22"From a legal perspective, this is completely unprecedented. The danger of this is once they have done this, if the Republicans are ever allowed to get back into power, they would only end up doing the same thing to the Democrats. . . . It's striking a real deathblow to the very idea of a democracy. We are not, at least we were not until today, someplace like Guatem...Read More
David Moadel, Released on 8/9/22Want more help from David Moadel? Contact me at [email protected]David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people f...Read More
The reins of global wealth management haven't been in human hands for years now. The vast majority of all trades today are executed by advanced computer programs. Artificial intelligence (AI) has been quietly shaping the world's economy for much longer than most of us realize. And just like a sci-fi movie, the bad guys have the most advanced weapons. BlackRock, the world's largest asset man...Read More
TradersChoice.net, Released on 8/9/22Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corp...Read More
LONDON, 9 August 2022 - National German broadsheet Handelsblatt today quotes analysis from BullionVault in a report on the outlook for gold investment prices."The strong Dollar and rising interest rates have hit the classic 'safe haven' this year," says the finance-focused newspaper. "In the medium term, however, experts expect higher prices," it goes, quoting BullionVault alongside private banker...Read More