Recent News

The Next Pullback Will Likely Be It

February 07, 2020 / news.goldseek.com

By Avi GilburtBelieve me when I tell you that I so want to be uber-bullish the metals at this time based upon the larger degree structure, especially in silver. However, I have to also outline the micro structures, and I simply do not have a clearly completed micro structure in gold. Whereas silver has certainly provided us with the minimum number of waves to consider its wave [2] as complet...Read More

Precious Metals Update Video: How do you play the corona-virus?

February 07, 2020 / news.goldseek.com

By: Ira EpsteinMarkets trying to figure this out. You could get a situation where gold benefits. Gold has been in a bit of a corrective mode on the weekly..Read More

Asian Metals Market Update: Feb-7-2020

February 07, 2020 / news.goldseek.com

Gold prices would have crashed to $1400 BUT for the corona virus and is multiplier effect in the form of short term global slowdown and interest rate cut trend for the rest of the year. US economic data releases point to a strong growth. China has cut custom duties on US imports. Trade war theme of last year has now evaporated. I am not giving a bearish view. I am just trying to tell that if gro...Read More

COT Gold, Silver and US Dollar Index Report - January 7, 2020

February 07, 2020 / news.goldseek.com

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 355,90956,10361,212176,786508,473593,907625,788 Change from Prior Reporting Period -20,4929,794-24,844-15,514-44,641-60,850-59,691 Traders 22766735855311174 Small Speculators LongShortOpen Interest 60,66528,784654,572 -117-1,276-60,967 non reportable posi...Read More

The Next Pullback Will Likely Be It

February 07, 2020 / news.goldseek.com

By Avi GilburtBelieve me when I tell you that I so want to be uber-bullish the metals at this time based upon the larger degree structure, especially in silver. However, I have to also outline the micro structures, and I simply do not have a clearly completed micro structure in gold. Whereas silver has certainly provided us with the minimum number of waves to consider its wave [2] as complet...Read More

Precious Metals Update Video: How do you play the corona-virus?

February 07, 2020 / news.goldseek.com

By: Ira EpsteinMarkets trying to figure this out. You could get a situation where gold benefits. Gold has been in a bit of a corrective mode on the weekly..Read More

Asian Metals Market Update: Feb-7-2020

February 07, 2020 / news.goldseek.com

Gold prices would have crashed to $1400 BUT for the corona virus and is multiplier effect in the form of short term global slowdown and interest rate cut trend for the rest of the year. US economic data releases point to a strong growth. China has cut custom duties on US imports. Trade war theme of last year has now evaporated. I am not giving a bearish view. I am just trying to tell that if gro...Read More

Coronavirus Fears Slam Stocks, VIX Snaps Skid

February 07, 2020 / www.schaeffersresearch.com

Coronavirus concerns are still weighing on the global economyStocks spent most of Friday in the red, as anxieties surrounding the coronavirus began to pick back up again amid speculation of the effect it could have on China's economy. The Dow slid 277 points, while the S&P 500 and Nasdaq also suffered steep losses. The three indexes did enjoy wins for the week, however, including a 3% pop for the...Read More

RT @michaelbhorner: A critical project - $AEM CEO Sean Boyd urges Canada to back Arctic infrastructure

February 07, 2020 / www.reuters.com

Canada's government should fund initiatives like a proposed C$1.6 billion (...Read full newsRead More

Great Panther Provides 2020 Exploration Plans for Tucano Gold Mine

February 07, 2020 / dlvr.it

NYSE American: GPL | TSX:GPRVANCOUVER , Feb. 6, 2020 /PRNewswire/ - GREAT PANTHER MINING LIMITED GPL(GPR) (Read full newsRead More

Gold Mining Returns To Misima Thanks To The Bank Of England

February 07, 2020 / dlvr.it

Price-killing gold sales by the Bank of England 20 years ago have created an opportunity for the redevelopment of the Misima gold mine in Papua New GuineaRead full newsRead More

CCW Outlines Large Target Horizon at Castle East Discovery with New Native Silver Hits $CCW #Canadacobaltworks...

February 07, 2020 / twitter.com

"CCW Outlines Large Target Horizon at Castle East Discovery with New Native Silver Hits$CCW #Canadacobaltworks #Silver #Cobalt #Gowganda #Silvermine #Cobaltmine #tsxv #SmallCaps #StocksToWatch #FutureMetal #MomentumStocks #Panasonichttps://t.co/MbUZ0CXvhi"Read full newsRead More

RT @RubiconOrganics: Simply Bare?,,? Organic Now Available in British Columbia

February 07, 2020 / www.globenewswire.com

VANCOUVER, British Columbia, Feb.07, 2020(GLOBE NEWSWIRE) -- Rubicon Organics Inc. (CSE:ROMJ) (OTCQX:ROMJF) ("Rubicon Organics" or the "Company") is...Read full newsRead More

Suffering REIT Eyeing More Downside

February 07, 2020 / www.schaeffersresearch.com

A historical signal flashing for MAC could mean fresh lows for the REITIt has been a long and steady decline for self-managed real estate investment trust (REIT) Macerich Co (NYSE:MAC). The equity has lost 45% in the last 12 months, and is deepening these losses today after yesterday's quarterly earnings report, which led to two price-target cuts, including one from Piper Sandler to $26 from $30....Read More

Week of Record Highs on Wall Street

February 07, 2020 / www.schaeffersresearch.com

The coronavirus outbreak is still a lingering concern on the global economyStocks started the week red-hot, with the Dow Jones Industrial Average (DJI) reeling off three straight triple-digit wins that culminated Wednesday in its best day since July. The S&P 500 and Nasdaq joined in on the fun, as all three benchmarks logged multiple record closes. However, despite an encouraging jobs report on Fr...Read More

Verizon Stock Shifts Higher on Buyback Reveal

February 07, 2020 / www.schaeffersresearch.com

VZ is just below its year-to-date breakeven markShares of Verizon Communications Inc. (NYSE:VZ) are moving 1% higher to trade at $60.01 this afternoon, enjoying a lift after the mobile carrier announced a new repurchase program for up to 100 million shares of its common stock. With today's gains, VZ has now run into resistance at its 100-day moving average, but remains just shy of its year-to-dat...Read More

Stocks Continue to Sell Off But Eye Weekly Gains

February 07, 2020 / www.schaeffersresearch.com

All three indexes are eyeing weekly wins, despite today's sharp sell-offThe Dow Jones Industrial Average (DJI) has deepened its early morning losses at the midday mark, now down triple digits, while the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) are trailing behind with sizable losses of their own. This comes after several days of impressive wins, with the energy, materials, and te...Read More

INK Canadian Insider Index moves to quarterly rebalancing

February 07, 2020 / www.canadianinsider.com

INK Research has updated the INK Canadian Insider Index methodology to change the rebalancing frequency from semi-annual to quarterly. The change is being made to in order to measure insider reactions to changes in economic and geo-political events more quickly.In a sense, the election of Donald Trump marked a turning point for markets. While the global financial crisis may well have been the eve...Read More

Province Helping Prepare Indigenous Students in Sault Ste. Marie For Success

February 07, 2020 / news.ontario.ca

Ontario's government is helping the Shingwauk Education Trust (SET) provide culturally relevant education to its Indigenous students, contributing to their future success.Today, Ross Romano, Minister of Colleges and Universities and MPP for Sault Ste. Marie, on behalf of Greg Rickford, Minister of Energy, Northern Development and Mines and Minister of Indigenous Affairs, announced an investment of...Read More

Analysts, Call Traders Blitz Uber After Earnings

February 07, 2020 / www.schaeffersresearch.com

Calls are tremendously popular today as a resultWhile U.S. equities take a breather, one stock bucking the broad market pullback is Uber Technologies Inc (NYSE:UBER). The ride share concern is up 6.5% to trade at $39.51, after the company reported an adjusted fourth-quarter loss of 64 cents on $4.07 billion in revenue, both beating analyst forecasts. While Uber expects to lose more than $1 billi...Read More

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