U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points in pre-opening trade.Index futures were virtually unchanged following release of the August Durable Goods Orders report at 8:30 AM EDT. Consensus was an increase of 1.5% versus an upwardly revised gain of 11.7% in July. Actual was an increase of 0.4% . Excluding transportation orders, consensus was an increa...Read More
QUESTION: Mr. Armstrong,If this “Great Reset” movement pushes gold underground, what would that mean for gold producers? I recall reading on your blog that when gold was confiscated in the United States to devalue the Dollar, gold producers were happy because governments started buying their product at a fixed price which allowed the producers to avoid market risk. Do you see a s...Read More
Battle North Gold (TSXV: BNAU; US-OTC: NBAUF) has released assay results from drilling at the McFinley and Pen zones at the company's wholly owned Bateman gold project in northwestern Ontario's Red Lake mining district, 265 km northeast of Winnipeg.The two zones, which are located at a depth of less than 300 metres, form part of the "string of pearls" exploration targets near the project's infrast...Read More
The trading range on the HUI and other PM stock indexes continues its job of confusing both the bulls and bears alike. I’ve always said that trading an impulse move is much easier than trading during a consolidation phase. During a strong impulse move up it is easy to see the price action making higher highs and higher lows. Trading during a consolation phase is usually completely different....Read More
In military terms, the phrase "locked and loaded"refers to "locking" a magazine or cartridge into a firearm andloading a round into the gun's chamber. A variant is to "lock thesafety" and then load a magazine into the weapon.The analogy in his essay is that from a technical (chart)standpoint, the price of gold and silver arebuilding energy to the point that they are g...Read More
The dollar is the mostimportant unit of account for international trade, the main medium of exchangefor settling international transactions, and the store of value for centralbanks. The Federal Reserve is the lender of last resort, as in the 2008–09financial crisis, and is the most common currency for overseas borrowing bygovernments and businesses.Investors want to owndollars when the prove...Read More
The number of new daily infections in Europe is rapidly increasing, even reaching new heights in several countries. That is just another reminder that the second wave in fall or winter is upon us. Yes, I know. You are all fed up reading about the coronavirus. And yet, the coronavirus is not fed up with spreading around the globe. The number of new daily infections keeps going up, as the chart belo...Read More
A price floor is expected when further selling the price down causes scarcity...by Keith Weiner of Monetary-MetalsA few days ago, we wrote about a big silver crash. The price dropped around 7.5%.And the basis dropped from around 2% to 0.6%. At the end, we said:"The key question is: what is the follow-through? If the price stays down and the basis goes back up, that will be a bearish signal. If...Read More
METS listings have been pretty few and far between. Mader Group joined the ASX about a year ago and since then Dynamic Drill and Blast has been about the only other company to step up.Read More
Nearly 7 million Americans have contracted COVID-19.More than 200,000 Americans have died from it.With that, the United States leads the world in both deaths and infections.And worse still, nearly half of the country, 21 states, are now reporting a rise in cases over the past week, as schools reopen and flu season bears down.The projections now suggest another 100,000 Americans could be killed by...Read More
Sep 29, 2020 Guest(s): Clem Chambers InvestorsHub.com Markets will see a major correction soon, most likely before presidential election, said Clem Chambers of InvestorsHub, who has allocated all his holdings into cash. Under such a "flash crash" scenario, most assets have a positive cross-correlation and tend to fall together. "I got a warning from the market about ten days ago...so I cleared...Read More
The trading range on the HUI and other PM stock indexes continues its job of confusing both the bulls and bears alike. I’ve always said that trading an impulse move is much easier than trading during a consolidation phase. During a strong impulse move up it is easy to see the price action making higher highs and higher lows. Trading during a consolation phase is usually completely different....Read More
In military terms, the phrase "locked and loaded"refers to "locking" a magazine or cartridge into a firearm andloading a round into the gun's chamber. A variant is to "lock thesafety" and then load a magazine into the weapon.The analogy in his essay is that from a technical (chart)standpoint, the price of gold and silver arebuilding energy to the point that they are g...Read More
The dollar is the mostimportant unit of account for international trade, the main medium of exchangefor settling international transactions, and the store of value for centralbanks. The Federal Reserve is the lender of last resort, as in the 2008–09financial crisis, and is the most common currency for overseas borrowing bygovernments and businesses.Investors want to owndollars when the prove...Read More
The number of new daily infections in Europe is rapidly increasing, even reaching new heights in several countries. That is just another reminder that the second wave in fall or winter is upon us. Yes, I know. You are all fed up reading about the coronavirus. And yet, the coronavirus is not fed up with spreading around the globe. The number of new daily infections keeps going up, as the chart belo...Read More
A second gold rush is beginning in Yukon's White Gold district.Read full newsRead More
Ottawa, Ontario--(Newsfile Corp. - September 22, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) (Read full newsRead More
Rover Metals Corp. is pleased to announce the appointment of AbinRead full newsRead More
FireFox Gold Corp. is pleased to announce that renowned exploratiRead full newsRead More
What are the top battery metals stocks? INN looks at the battery metals companies with the biggest year-to-date gains in 2020.Read full newsRead More