By: Ira EpsteinGold's vertical rise shows its power. 18-dma is $1628, Bollinger bands is up near $1700.Read More
Local geologists hope Black Hills test drilling reveals a major gold discovery and boosts their geology consulting business.Read full newsRead More
Gold has been one of the best performing commodities in over a year, with the global gold price rising from close to $1,300 per ounce in the beginning of 2019 to about $1,630 per ounce in February 2020. The rise in price in 2019 was led by rising trade tension between US-China...Read full newsRead More
Oil rallied with the Dow after historic lossesAfter a disastrous Monday, the Dow turned in an over 1,000-point rally today, as Wall Streetrecouped some of the historical losses suffered in the previous session. It was an incredibly volatile session, with the blue-chip index trading as much as 160 points lower at its session lows, only to furiously push higher in last-minute trading. The S&P 500 an...Read More
Early studies indicate about 90% of contained lithium can be recovered using the filter system, compared to about 30% when producers use the existing process of pumping brines.Read full newsRead More
Methane can be captured from human and animal waste and energy and heatingRead full newsRead More
Mining stocks have pushed higher amid the global sell-offAs gold prices and safe haven assets skyrocket in the face of the global economic sell-off, mining stocks such as Barrick Gold Corp (NYSE:GOLD) have weathered the storm. GOLD hit a three-and-a-half year high of $22.44 on Feb. 24, and although its taken a breather since then, data from Schaeffer's Senior Quantitative Analyst Rocky White sugg...Read More
GILD has amassed 19% year-to-dateWith the major U.S. indexes suffering their worst week since the financial crisis of 2008 in late February, it should be non-trivial to say coronavirus - or COVID-19 - has become a massive caveat to not only public health crisis, but to Wall Street as well. The spread and severity of the flu-like epidemic is concurrent to the volatile run in markets during the past...Read More
LaSalle Exploration Corp. (TSXV:LSX) is pleased to announce that field exploration is set to begin in March on the Blakelock Gold Property.Read full newsRead More
Southwest Airlines' CEO announced he's taking a 10% pay cut in response to the sector's "severe recession" While the coronavirus outbreak continues to impact the flight sector, shares of Southwest Airlines Co (NYSE:LUV) are down 1.2%, last seen trading at $43.20. In the midst what he described as a "severe recession" for the airline industry, the firm's CEO Garry Kelly announced he was taking a 10...Read More
Oil is enjoying a lift of its ownStocks continue to shake off yesterday's worst day since 2008, with the Dow Jones Industrial Average (DJI) up around 126 points at last check. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also in recovery mode, as President Donald Trump put forth the idea of a payroll tax cut or relief in response to the rapidly increasing coronavirus headwinds in the U...Read More
Here is what's new on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website. If you are not a Canadian Insider Club Ultra member, get full access to Real Vision and INK Research premium videos by joining us. Use coupon code SPRING20 for a $100 discount off a new 2020 memb...Read More
The retailer just posted a fourth-quarter earnings and revenue beat Dick's Sporting Goods Inc (NYSE:DKS) is getting a big boost today following its fourth-quarter earnings report, up 10.5% at $38.10. The sports equipment retailer reported earnings of $1.32 and $2.61 billion in revenue, topping analysts' expectations, and hiked its quarterly dividend by $13.6. Meanwhile, the company also announced...Read More
AIM Immunotech is developing a vaccine that was used to contain the SARS outbreakShares of AIM Immunotech Inc (NYSE:AIM) were last seen trading down 22.5% at $4.73, despite yesterday announcing that the National Institute of Infectious Diseases (NIID) in Japan will begin testing its drug Ampligen, a broad-spectrum antiviral, as a potential treatment for the new coronavirus outbreak. Researchers...Read More
Several analysts have cut their price targetsStitch Fix Inc (NASDAQ:SFIX) is down 30.6% to trade at $14.72 this morning, one of the worst stocks on the Nasdaq today and alreadyhitting a record low of $14.28. Though the company reported profits of 11 cents per share, higher than Wall Street's estimated six cents per share, the reported revenue of $451.78 million came in lower than the estimated 452...Read More
President Trump proposed a tax cut to combat the negative economic effects of COVID-19Stocks are recovering some of yesterday's historic losses in pre-market trading today, as the Dow Jones Industrial Average (DJI) signals a nearly 900 point open. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also eyeing a significant pop, after U.S. President Donald Trump proposed the idea of "a...Read More
Forget fear, uncertainty, and inflation. This factor is what should send gold significantly higher.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Monday March 9 that are worth another look.Market sources have been puzzled by the gradual upward trend in China's steel prices after the novel coronavirus (2019-nCoV) broke out in a big way after the Lunar New Year holiday.Soci?(C)t?(C) le Nickel (SLN) resumed operations and ore shipments at its Thio mine in New Caledonia on March 9, a sp...Read More
Three-month base metals prices on the London Metal Exchange, with the exception of aluminium, closed down in the afternoon session on Monday March 9 while problems arising from the 2019-CoV coronavirus continued to weigh on global economies and demand for commodities."There was no shortage of negative developments over the weekend while recently-affected economies took drastic measures to limit th...Read More
If global financial markets had been operating under a pervading sense of uncertainty due to the impact of the novel coronavirus (2019-nCoV), they now appear to be veering on panic.Oil prices have suffered their biggest one-day collapse since the 1991 Gulf War following Saudi Arabia's declaration of a price war on Russia through a shock move to hike oil production. S&P Dow Jones Indices was forced...Read More