Today is Wednesday, January 29, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Ovintiv (NYSE: OVV), Holly Energy Partners LP (NYSE: HEP), and Baytex Energy Corporation (NYSE: BTE).Ovintiv (NYSE: OVV)Ovintiv (NYSE: OVV) is a $4.245 billion company today with a one-year return of -74.12%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-va...Read More

Three years ago, a small, little-talked-about report was released by the Department of the Interior.It was written by a bureau of the department known as the U.S. Geological Survey.The goal of the report was simple: identify information on events, trends, and issues for each mineral commodity. After all, the non-fuel minerals they researched were vital to the U.S. economy.The value added to our GD...Read More

Gary ChristensonIntense sunshine beamed down upon the canyons of Wall Street, illuminating potholes, dark alleys, secrets and mass delusions. Most people paid no attention because phones, the impeachment circus, Facebook posts, stock prices, and money worries distracted them.It was a normal day.I took a random walk down Wall Street, checked my phone for useless news and accidentally stepped into...Read More

COLORADO SPRINGS, Colo., Jan. 29, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced multiple ore grade intercepts from its maiden drill program at the "Scarlet" target located 400 meters north west of its operating Isabella Pearl mine in Mineral County, Nevada. Near surface ore grade gold intercepts included 24.38 m...Read More

Craig Hemke Much of the talk surrounding gold thus far in 2020 has focused upon geo-political and pandemic risks. While all of this is relevant to price in the short-term, the discussions being held by the Fed's FOMC this week will have a much more durable impact.At this point, I wouldn't expect any change to the Fed Funds rate on Wednesday when the meeting concludes. The Fed just assured us las...Read More

Clint Siegner, Money MetalsPhysical palladium and rhodium markets are buzzing. Reported prices for both metals leapt higher in recent days.The story behind palladium's move is that a physical shortage has developed in London. Traders sold metal they didn't physically possess. Now they are being asked to deliver the bars and they are scrambling to secure the metal needed, bidding prices higher....Read More

By: Ira EpsteinGold 18-dma support at $1,564.80. Resistance around $1,587/8. Gold swings hard to call market..Read More

To me the fall in gold price is just a correction and nothing else. Traders will prefer not to get caught off guard in FOMC tonight. Margin calls on stocks and crude oil also resulted in traders closing long positions in gold. Technical sellers came into play once gold started falling. Silver got knocked down as it failed to trade over $18.00. The combination of gold price fall along with sell o...Read More

Fund manager Adrian Day writes about junior exploration companies in his portfolio that he is recommending for purchase. Evrim Resources Corp. (EVM:TSX.V, Toronto, 0.315) is coming closer to generating long-term revenue. The Ermitano project it discovered and sold to First Majestic keeping a royalty is on track for a Q1 2021 production start-up. The property is adjacent to First Majestic's Santa...Read More

According to the company, the findings indicate potential for further extension of the mineralization there. Contact Gold Corp. (C:TSX.V) announced in a news release assays from two holes drilled as part of its initial program at its Green Springs project in Nevada that expanded the known zones of gold mineralization.Hole GS19-07 hit and extended high-grade oxide gold mineralization where the nor...Read More

The results will help guide the company's future exploration there. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) reported in a news release that Geophysique TMC has commenced a magnetometer survey at its McKenzie East project in Quebec.The survey should be completed in one week with its results available by the end of February, the company stated. According to the company, the wor...Read More

We can all dream about Silver outpacing Gold. However the truth about Silver is that it tends to under perform during precious metals bull markets, and only really coming alive inthe bull markets final stages when it tends to spike. So Silver for 2019 did what Silver tends to do which is to under perform against Gold. Though in reality maybe investors tend to set their hopes too high, as a gain of...Read More

Physical palladium and rhodium markets are buzzing. Reportedprices for both metals leapt higher in recent days. The story behind palladium’s move is that aphysical shortage has developed in London. Traders sold metal they didn’tphysically possess. Now they are being asked to deliver the bars andthey are scrambling to secure the metal needed, bidding prices higher.It looks lik...Read More

Platinum has setup into a longer-term FLAG formation and has recently broken the APEX of this FLAG.  The long term potential for Platinum, in conjunction with the advance in Rhodium, Palladium, Gold, and Silver, is a new Bullish Price Trend.Our researchers believe Platinum must move above $1200 for this new Bullish trend to anchor a “Breakout Base” formation.  The current inv...Read More

Gary ChristensonIntense sunshine beamed down upon the canyons of Wall Street, illuminating potholes, dark alleys, secrets and mass delusions. Most people paid no attention because phones, the impeachment circus, Facebook posts, stock prices, and money worries distracted them.It was a normal day.I took a random walk down Wall Street, checked my phone for useless news and accidentally stepped into...Read More

COLORADO SPRINGS, Colo., Jan. 29, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced multiple ore grade intercepts from its maiden drill program at the "Scarlet" target located 400 meters north west of its operating Isabella Pearl mine in Mineral County, Nevada. Near surface ore grade gold intercepts included 24.38 m...Read More

Craig Hemke Much of the talk surrounding gold thus far in 2020 has focused upon geo-political and pandemic risks. While all of this is relevant to price in the short-term, the discussions being held by the Fed's FOMC this week will have a much more durable impact.At this point, I wouldn't expect any change to the Fed Funds rate on Wednesday when the meeting concludes. The Fed just assured us las...Read More

Clint Siegner, Money MetalsPhysical palladium and rhodium markets are buzzing. Reported prices for both metals leapt higher in recent days.The story behind palladium's move is that a physical shortage has developed in London. Traders sold metal they didn't physically possess. Now they are being asked to deliver the bars and they are scrambling to secure the metal needed, bidding prices higher....Read More

By: Ira EpsteinGold 18-dma support at $1,564.80. Resistance around $1,587/8. Gold swings hard to call market..Read More

To me the fall in gold price is just a correction and nothing else. Traders will prefer not to get caught off guard in FOMC tonight. Margin calls on stocks and crude oil also resulted in traders closing long positions in gold. Technical sellers came into play once gold started falling. Silver got knocked down as it failed to trade over $18.00. The combination of gold price fall along with sell o...Read More