PRIVATE BLOG - Gold & Rally for Week of 24thPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Azuay prefect and anti-mining protestor Yaku Perez submitted the request as he believes mining projects pose a threat to water sources and the environment.Read More
More than 80,000 cases - and over 2,600 deaths - of COVID-19 (coronavirus) have been confirmed and worries about the virus becoming a global pandemic have governments around the world scrambling to come up with solutions to mitigate the economic impact of the virus.While it appears that efforts in China are starting to bear fruit, new outbreaks in over 30 countries including Italy, the Middle East...Read More
RAPAPORT... Revenue from the retail division of Warren Buffett's Berkshire Hathaway rose 2.5% to $16 billion in 2019, the company reported Saturday.The increase for the segment, which includes jewelry chains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, was boosted primarily by the company's car business. Pretax earnings for the entire retail unit grew 1.6% to $874 million for the year...Read More
RAPAPORT... Lucara Diamond Corp.'s sales rose in 2019 as the miner sold a higher volume of rough from its Karowe mine in Botswana.Proceeds for the year increased 9% to $192.5 million, exceeding the company's $170 million to $180 million forecast, it said Monday. A 17% increase in sales volume to 411,732 carats offset a 7% decline in the average price to $468 per carat.Lucara had a strong year...Read More
LONDON, 24 February 2020 - Data and comment from BullionVault today appears on the BBC's rolling financial news-page online, reporting how gold has now reached a fresh all-time record in terms of the British Pound."It's up 12.7% in 2020 and has climbed 51.4% since David Cameron called the Brexit referendum four years ago," says the BBC.Read BullionVault's full comment here:Gold reaches a fresh all...Read More
LONDON, 24 February 2020 - Leading UK personal finance site ThisIsMoney today quotes data and analysis from BullionVault as gold priced in the British Pound sets fresh all-time highs.With gold rising above ?1300 per ounce, "A pause in Covid-19 headlines might see gold take a breather," says Adrian Ash, BullionVault director of research, "but the metal has already risen in 10 of the last 12 weeks,...Read More
Silver is still in consolidation mode since early September, but it appears ready to rally over a sustained period of time.On the chart there appears to have formed some fractals. The current one has also broken out at the black line recently (just after point C).As expected, price survived the test of the 50-day moving average, and is looking really bullish. If the comparison remains valid, then...Read More
$500 billion. This is the sum the Fed has already pumped into the repo market since the crisis there started. On September 17, 2019, the secured overnight funding rate – a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities, based on the repurchase transactions – more than doubled, as the chart below shows, while the intraday range jumped to abou...Read More
Ladies and Gentleman, gold has overcome yet another barrier, jumping above $1,600 amid the fresh FOMC minutes and the renewed fears about the coronavirus economic consequences. What’s next for the yellow metal?Fed More Optimistic about Global EconomyGold bulls can be happy. As the chart below shows, the yellow metal has jumped above $1,600 amid the FOMC minutes and concerns about the coronav...Read More
Triumph Gold's Freegold Mountain project is located in the Dawson Range and covers a highly prospective section of the Big ...Read More
Kirkland bumped 2020 spending to $500 million compared with $245 million previously and said production at Detour in Ontario would drop to 530,000 ounces from 601,000 ounces last year. However, the company pointed toward weaker production at the newly acquired Detour mine this year and cut the reserve grade at its flagship Fosterville underground mine in...Read full newsRead More
"We are delighted to welcome @AusVanadium to the stage on 23rd Marchin front of over 250 investors. #AustralianVanadiumis an emerging vanadium producer developing the high-grade Australian Vanadium Project in Western Australia. See them in action: https://t.co/9KSR6e1UiX"Read full newsRead More
By: Ira EpsteinIt all came in to roost today (Friday). Traders are spooked, who are buying gold. Trading at the upper Bollinger band on the monthly gold chart. The highest close in years..Read More
By Gary SavageGold strategies being used again from the past, they do not work. It will fail miserably and cost traders a lot of money..Video Published February 20, 2020http://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinIt all came in to roost today (Friday). Traders are spooked, who are buying gold. Trading at the upper Bollinger band on the monthly gold chart. The highest close in years..Read More
By Gary SavageGold strategies being used again from the past, they do not work. It will fail miserably and cost traders a lot of money..Video Published February 20, 2020http://blog.smartmoneytrackerpremium.com/Read More
Clive MaundIf you are wondering why gold is starting to accelerate away to the upside, you need look no farther than the following amazing chart forwarded to me by reader Larry Fike, which Larry has kindly given me permission to reproduce in this update...Click on chart to popup a larger, clearer version.Chart courtesy of Larry FikeThe chart speaks for itself and requires little additional comme...Read More
Clive MaundIf you are wondering why gold is starting to accelerate away to the upside, you need look no farther than the following amazing chart forwarded to me by reader Larry Fike, which Larry has kindly given me permission to reproduce in this update...Click on chart to popup a larger, clearer version.Chart courtesy of Larry FikeThe chart speaks for itself and requires little additional comme...Read More
While the Wuhan coronavirus captured investor attention on Friday, a Fed official was laying out her prescription of what the central bank should do if things unravel. If Lael Brainard has her way, the Fed will be staking new ground in its efforts to lift inflation. It could have a major impact on Canadian stocks. We explain why in this week's Insights. In addition, gold investors should enjoy ou...Read More