Recent News

All Is Not Well in the Gold Paper Markets / Commodities / Gold & Silver 2020

April 08, 2020 / www.marketoracle.co.uk

London Bullion Market Association (LBMA) officials have loudlyproclaimed there are plenty of gold bars in LBMA and COMEX vaults tomeet surging demand from buyers. Unfortunately for them, confidence is particularly fragile thesedays and cracks are starting to appear. Which is why anxious officials there issued not one, but twomemos last week in an attempt to reassure traders.It&rsquo...Read More

USD Index Sheds Light on the Upcoming Gold Move / Commodities / Gold & Silver 2020

April 08, 2020 / www.marketoracle.co.uk

The yellow metal and its fiat nemesis. Gold and thedollar certainly move not in a random relation to each other. The strength anddirection of one taking the cue from the other changes over time, but what doesit tell us about the present moment?The key point with regard to the US currency is that it appears to have alreadyended its pullback and is now ready to soar well above its previous 2020 high...Read More

Stock Market Bulls Delusional in Face of Great Depression

April 08, 2020 / news.goldseek.com

David HaggithMonday was nothing but a dead-bull bounce on top of a dead-cat bounce, which means there is plenty of punishment to come. Pure testosterone drove the market's rise fed by nothing but the weak premise that New York's drop in the coronavirus death rate for a single night meant the worst is behind us. To prove how meaningless that was New York posted its highest daily increase in death...Read More

A Crisis in Confidence

April 08, 2020 / news.goldseek.com

Craig Hemke, TF MetalsApril 7, 2020Just like two weeks ago, premiums are expanding again between the spot price for gold and the front month futures price. It was generally accepted two weeks ago that this was a signal of physical tightness that was soon to be resolved, because the gold was simply "in the wrong place". By this logic, it must still be.Let's start with the basics so that we're all...Read More

Gold closely tracks debt-to-GDP ratio

April 08, 2020 / news.goldseek.com

By Richard (Rick) MillsThe debt-to-GDP ratio is an important metric economists use for comparing a country's total debt to its gross domestic product (GDP). The percentage arrived at by dividing the country's total GDP by its total debt indicates the country's ability to pay back its loans. The higher the percentage, the higher the risk of a country being unable to pay the interest on its debt,...Read More

Precious Metals Update Video: Gold gave up $70/oz but it's not bad action

April 08, 2020 / news.goldseek.com

By: Ira EpsteinGold daily chart shows maybe needs more work in the $1,600's. As it builds into an uptrend. The bollinger bands are widening up on the daily..Read More

"We Are In A Long-Term Bull Market for Gold and Silver" - O'Byrne on IG TV

April 08, 2020 / news.goldseek.com

Currency is being created 'on scale never seen before in the history of mankind'Mark O'Byrne, research director at GoldCore.com told IG TV that markets are likely in a long-term bull market for gold and silver and a bear market for equities as the pandemic weighs on the global economy and creates a recession or an economic depression.Gold has made significant gains this year, with investors floc...Read More

NexGen Energy well positioned to benefit from uranium price increase

April 08, 2020 / www.canadianminingjournal.com

The COVID-19 pandemic continues to negatively impact commodity markets, with prices for metals such as copper, zinc, lead, aluminium and many others falling rapidly since the shuttering of mines and disruption to supply chains around the world. One metal, however, is defiantly bucking the trend.The spot price for uranium oxide in the past few weeks has risen by 14% to over US$27 per lb., ending a...Read More

Queen Chooses Turquoise and Diamond for Coronavirus Address

April 08, 2020 / www.idexonline.com

(IDEX Online) - Queen Elizabeth's jewelry attracted almost as much attention as her message when she made an historic TV address on the coronavirus crisis.Keen royal observers were intrigued to see her wearing a rarely-seen turquoise and diamond brooch inherited in 1953 from her grandmother Queen Mary, widow of King George V and a keen jewelry collector.It was a gift from the new queen's...Read More

Resource upgrade strengthens ability to finance

April 08, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resources"We are working on a total development finance package which will see Alpala developed, probably independently.Read More

Tech Talk for Wednesday April 8th 2020

April 08, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points in pre-opening trade. The Canadian Dollar was virtually unchanged at U.S. 71.30 following release of March Canadian Housing Starts report at 8:15 AM EDT. Consensus was a drop to 180,000 from 210,100 units in February. Actual was 195,200 unitsGeneral Motors added $0.19 to $21.49 despite a downgrade by Deutsche...Read More

Rio Tinto maintains dividend, discloses taxes

April 08, 2020 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO) Chairman Simon Thompson told shareholders the company will proceed with a dividend payment announced in February of $2.31 per share, or $3.7 billion, and that the payment will be made on April 16, Reuters reported today."We took this decision because Rio Tinto has a strong balance sheet, our operations are running safely and our order book for iron ore is full," Reu...Read More

Cameco halts conversion facility in Ontario

April 08, 2020 / www.northernminer.com

Canada's Cameco (TSX: CCO; NYSE: CCJ), the world's largest publicly traded uranium miner, is placing its plant at the Port Hope conversion facility in Ontario in a temporary safe shutdown state for four weeks.The move comes as the company faces the increasing challenge of maintaining an adequate workforce as a result of screening protocols and other measures put in place to combat the COVID-19 pan...Read More

Estad?-sticas de coronavirus en el mundo (8 de abril)

April 08, 2020 / www.youtube.com

Cifras del avance que registr?? el Covid-19 al t?(C)rmino de este 8 de abril.8 de abril 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior.com.mx/tvSuscr?-bete a nuestr...Read More

L??pez-Gatell reconoce error en cifras de Covid-19

April 08, 2020 / www.youtube.com

El subsecretario de Salud, Hugo L??pez.Gatell reconoci?? que hay un error en las cifras de los casos por Covid-19 y que estos podr?-an ascender hasta 26 mil casos positivos mal diagnosticados. 8 abril de 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook...Read More

Ciro G??mez Leyva habla sobre el video falso donde supuestamente descalifica a la 4T

April 08, 2020 / www.youtube.com

El periodista, Ciro G??mez Leyva, habla en entrevista sobre el video en donde presuntamente descalifica a la 4T.8 abril de 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.exce...Read More

Informe de L??pez Obrador | Mi?(C)rcoles Millennial

April 08, 2020 / www.youtube.com

Estudiantes de universidades p??blicas y privadas debaten sobre diversos temas de inter?(C)s nacional y mundial.8 de abril 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excel...Read More

Gabriela Jim?(C)nez habla sobre violencia dom?(C)stica en tiempos de crisis

April 08, 2020 / www.youtube.com

Gabriela Jim?(C)nez, del colectivo '50 m??s 1', habla en entrevista sobre el incremento de violencia dom?(C)stica por la cuarentena por Covid-19.8 abril de 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Ex...Read More

Ciro G??mez Leyva desmiente video con supuestas declaraciones contra la 4T

April 08, 2020 / www.youtube.com

Ciro Gomez Leyva, periodista, habla en entrevista sobre el video con supuestas declaraciones en contra de la 4T.8 abril de 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.exce...Read More

??LTIMA HORA: Confirman 3181 casos positivos y 174 fallecimientos por Covid-19 en M?(C)xico

April 08, 2020 / www.youtube.com

En conferencia de prensa la SSa confirmo 3181 casos positivos y 174 fallecimientos por Covid-19 en M?(C)xico.8 abril de 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsi...Read More

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