Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereThe distribution centre had been closed on March 24 as Vale said at the time it was unable to secure the minimum resources to safely operate the terminal amid the COVID-1...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesPorcile, an industry veteran who Read More
"The spot price has shot up and reason the spot price has shot up is that for too long utilities have been counting on the short term market for their supply of uranium and suddenly with closures at Cigar Lake, in Africa, and we might see more, 54% of world's supply disappeared overnight." States Dev Randhawa, Chairman and CEO of Fission Uranium Corp. (TSX: FCU | OTCQX: FCUUF), in an interview wit...Read More
El-Raghy said he had "all the confidence" in Jim Rutherford, who was named as his intended successor in December, to guide the company to greater success.Read More
While the television and movie streaming wars enter a new phase with a fight over subscription dollars, a whole new type of streaming war is firing up that will dwarf what we've seen so far.Investors made a fortune off of the first one. Netflix IPO investors have pulled in up to 37,000%. Buying at lows in the early 2000s could push that figure to over 70,000%.Even someone who bought Netflix shares...Read More
So here we are, with the sector leading the recovery out of the March crash during still-deflationary times. Inflation? It is not yet anywhere to be found, and that probably has a lot of inflation-centric would-be gold boosters on the sidelines. Someday, when these ladies are in full cheer with inflation signals rising, it will be time for caution.Meanwhile, for years we have stuck to the real fun...Read More
The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.This 2020 gold price target of $3,000 is a littl...Read More
Precious metals have been on our radar for many months and, if you’ve been paying attention, you probably already know our research suggests Gold and Silver are one of the best investments you can make right now. Recently, we shared this article suggesting Gold would need to rally above our proprietary Fibonacci Price Amplitude Arc (GREEN Arc) level near $1745 before it would attempt a...Read More
Mike Gleason (Money Metals Exchange): It is my privilege now to interview our good friend, Greg Weldon,CEO and President of Weldon Financial. Greg has decades of market research andtrading experience specializing in the metals and commodity markets and he evenauthored a book back in 2006 titled Gold Trading Boot Camp wherewe accurately predicted the implosion of the U.S. credit mark...Read More
Crude oil soared higher yesterday and also intoday’s pre-market trading, which shows you why it was a good idea to remaincautious yesterday, even despite crude oil’s breakdown below the rising supportline. We previously wrote the following:We saw a tiny breakdown onWednesday, but it was not based on the decisive move lower, but rather based onthe fact that time passed and the ne...Read More
So here we are, with the sector leading the recovery out of the March crash during still-deflationary times. Inflation? It is not yet anywhere to be found, and that probably has a lot of inflation-centric would-be gold boosters on the sidelines. Someday, when these ladies are in full cheer with inflation signals rising, it will be time for caution.Meanwhile, for years we have stuck to the real fun...Read More
The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.This 2020 gold price target of $3,000 is a littl...Read More
Precious metals have been on our radar for many months and, if you’ve been paying attention, you probably already know our research suggests Gold and Silver are one of the best investments you can make right now. Recently, we shared this article suggesting Gold would need to rally above our proprietary Fibonacci Price Amplitude Arc (GREEN Arc) level near $1745 before it would attempt a...Read More
Mike Gleason (Money Metals Exchange): It is my privilege now to interview our good friend, Greg Weldon,CEO and President of Weldon Financial. Greg has decades of market research andtrading experience specializing in the metals and commodity markets and he evenauthored a book back in 2006 titled Gold Trading Boot Camp wherewe accurately predicted the implosion of the U.S. credit mark...Read More
Crude oil soared higher yesterday and also intoday’s pre-market trading, which shows you why it was a good idea to remaincautious yesterday, even despite crude oil’s breakdown below the rising supportline. We previously wrote the following:We saw a tiny breakdown onWednesday, but it was not based on the decisive move lower, but rather based onthe fact that time passed and the ne...Read More
Stocks were on a tear in April, almost clawing back everything they lost in March.Much of that rally has been pinned on the hopes that lockdowns would be over and the coronavirus would be sorted in short order.But the more we hear from medical experts and more fundamentally, from the rising numbers ofRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. After some impressive weeks where it outperformed both US markets and precious metals, the Index endured a strong pullback of 45.1 points or 5% to 840.14 last week.MACD plunged 8.9 points to -7.3. RSI slid 10.39 points or 19% to 45.4.Support is at 820 (lower Bollinger) and 809. Resistance...Read More
By: Ira EpsteinGold above the monthly Bollinger band, it only stays above this band only 5% of the time. The weekly gold chart, this is the best gold price close we have had in years! Up $42 1/2 for the week..Read More
By: Ira EpsteinGold above the monthly Bollinger band, it only stays above this band only 5% of the time. The weekly gold chart, this is the best gold price close we have had in years! Up $42 1/2 for the week..Read More
Strengths? The best performing precious metal was silver, up 7.30 percent. Gold had a strong week and held above $1,700 an ounce. Bullion rose the most in a week on Wednesday after Fed Chairman Jerome Powell said that the U.S. economy is facing unprecedented downside risks that could do lasting damage. Powell pushed legislators to take more action to support the economy. The poss...Read More