Gold rally goes on, reaching almost $1,700 per ounce. What the heck is just happening in the precious metals market? Gold Rallies Above $1,680Wow, what an escalation! On Thursday, we reported that gold jumped above $1,600. On Friday, its price surpassed $1,640, as the chart below shows. And today morning, it has rallied even further, reaching $1,684. Chart 1: Gold prices in 2020 (London P.M. Fix)....Read More
“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent instability of stock markets, especially bull markets such as the current one that has been in place for over a decade. As&nbs...Read More
"$LNG - Cheniere Energy's (LNG) CEO Jack Fusco on Q4 2019 Results - Earnings Call Transcript. https://t.co/V464Fyp2tr #trading #markets #stockmarket"Read full newsRead More
Stewart Thomson, Graceland Updates 1. The US stock market is in "sleigh ride" mode against gold stocks.2. Please click here now. Double-click to enlarge this chart. Yesterday was another day of disappointment, fear, and outright terror... for most investors who are locked in the Dow versus GDX sled.3. The disintegration of the US stock market against GDX began...Read More
By: Ira EpsteinGold market's 18-DMA is under $1,600. 5 days in a row OVER the Bollinger band. Tomorrow it is likely try to get under the band, under $1,650..Read More
Silver has not risen at all. Just trade in the technical in silver. Corrections in gold are healthy. There are lots of US economic data next week. US various February jobs report will be there next week. Correction or profit booking in gold and silver will be there. Corrections will be healthy to ensure that the current rally in gold is a sustainable one. A continued one way rise will imply a bo...Read More
Stewart Thomson, Graceland Updates 1. The US stock market is in "sleigh ride" mode against gold stocks.2. Please click here now. Double-click to enlarge this chart. Yesterday was another day of disappointment, fear, and outright terror... for most investors who are locked in the Dow versus GDX sled.3. The disintegration of the US stock market against GDX began...Read More
By: Ira EpsteinGold market's 18-DMA is under $1,600. 5 days in a row OVER the Bollinger band. Tomorrow it is likely try to get under the band, under $1,650..Read More
Silver has not risen at all. Just trade in the technical in silver. Corrections in gold are healthy. There are lots of US economic data next week. US various February jobs report will be there next week. Correction or profit booking in gold and silver will be there. Corrections will be healthy to ensure that the current rally in gold is a sustainable one. A continued one way rise will imply a bo...Read More
Are you ready for PDAC? The convention runs this year from March 1 to 4, and now is the time to start planning your schedule.Read full newsRead More
Diego and Elena Murillo kicked off Sunday with a breakfast of snow cones and popcorn. Next on the siblings' agenda: roping a steer. After watching a demonstration, Diego clambered up on a red barrel, grabbed a rope and twirled it over his head, flicking it through the air as his family cheered "Throw it, throw it!" The activities were part of the Cowboy Boot Camp, an attraction at the San Antonio...Read More
Wall Street's "fear gauge," the VIX hit its highest point since late 2018The Dow's disastrous free-fall continued today with its fourth-straight triple-digit loss, after the Center for Disease Control (CDC) warned that the spread of the coronavirus outbreak from Europe to the U.S. could be imminent. The blue-chip index -- which pivoted lower at midday after a brief foray into the black this mornin...Read More
Galway Metals Inc. is pleased to report assay results from drilling south of the Richard Zone in that area, and between the Richard and Jubilee Zones.Read full newsRead More
Northstar Gold Corp. (CSE:NSG) announces that diamond drilling has commenced at the Company's 100%-owned Miller Gold Property.Read full newsRead More
DVA shares have broken out of a series of lower highsHealthcare stock DaVita Inc (NYSE:DVA) has recently pulled back after hitting record highs and reporting strong quarterly results. On a longer-term basis, the shares seem to have broken out of a series of lower highs in place since 2015, hinting that more upside is possible going forward. There's plenty of bearish bias that could unwind around D...Read More
QMX Gold has entered into an agreement with a syndicate of underwriters co-led by Canaccord Genuity Corp. and Mackie Research Capital Corporation.Read full newsRead More
Expedia just laid off 12% of its workforce Online travel specialist Expedia Group Inc (NASDAQ:EXPE) is gapping lower today on news that the company plans on cutting 3,000 jobs -- 12% of its workforce -- in an effort to streamline its business. This comes right on the heels of the company's decision to forgo a full-year forecast amid the growing coronavirus uncertainty. EXPE is now trading back bel...Read More
Nexus Gold Corp. is pleased to update shareholders on the upcoming drill campaign at the 100%-owned McKenzie Gold Project, located in Red Lake, Ontario.Read full newsRead More
Amex Exploration Inc. is very pleased to announce that it has added a 4th drill rig to its 100% owned Perron gold property located Northwestern Quebec.Read full newsRead More
Gold prices ended lower on Tuesday, giving back a big chunk of the previous session's haven-inspired gains in a bout of apparent profit-taking. "Let's see how well gold is supported on pullbacks now-my suspicion is that it will find strong buying interesting and price support on pullbacks that...will be short-lived," Peter Spina, president and chief executive officer of GoldSeek.com, told MarketW...Read More