It’s been a rough start to the new year already, and investors have already been stung trying to read the markets’ reaction to uncertainty. Risk got cranked up to 11 this week, but bargains – and momentum – were hard to find.Going forward, investors seeking steady growth in cut-price stocks should look to unloved, high-quality market leaders. Let’s take a look at two...Read More
First announced in June 2019, with details fleshed out in December, the collaborative effort is expected to spur increased investment in exploration and mining projects, as well as job creation andRead More
Mining company AGMs and conferences throughout 2019 have highlighted increasing emphasis on creating and building new strong brands in the industry.Read More
Today is Thursday, January 9, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,551.80. It's down -0.32% from yesterday and up...Read More
Today is Thursday, January 9, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of Cabot Oil & Gas Corporation (NYSE: COG), Plains All American Pipeline LP (NYSE: PAA), and Parsley Energy (NYSE: PE).Cabot Oil & Gas Corporation (NYSE: COG)Cabot Oil & Gas Corporation (NYSE: COG) is a $6.931 billion company today with a one-year return of -31%. Let's look at its p...Read More
It sure is a great time to own gold!A coming economic implosion as a result of ill-conceived trade wars, rising debt obligations, and the threat of yet another war in the Middle East.It's the perfect recipe for a gold bull market.Certainly I own gold. I'd be a fool not to.But make no mistake; the justification for owning gold in times of conflict is, for lack of a better word, stupid.We're always...Read More
By: Gary SavageWe are still in an intermediate trend higher in gold. These corrections typically last 4 to 9 days in an intermediate trend cycle..https://blog.smartmoneytrackerpremium.com/Read More
The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10 years. The purchasing manager's index (PMI) fell to 47.2, a level we haven't seen since June 2009, as global trade tensions continued to take a toll on the country's manufacturers. The news comes as tw...Read More
- Ira EpsteinAlgos do not always win - important to know this. Gold price gap in the chart is now filled, fails after failed Iran/Iraq/US fears subsides -- China, Brexit, Impeachment and much more coming up:Read More
Gold and silver may have formed a short term top yesterday. If tomorrow's US December nonfarm payrolls matches ADP jobs, then gold and silver can see further sell off. Signing of the US-China trade deal and the details released thereof will be closely watched next week. Iran situation will be fragile over the coming weeks and months. There will be phases of escalation of geopolitical situation i...Read More
The program targeted a historical mine at the explorer's Nevada project. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that the last of the underground channel sampling at the Good Hope mine at its Pamlico project in Nevada confirms further mineralization continuity.Results showed that oxide gold mineralization extended from outcrops at the opening of the mine's 5609 leve...Read More
The work the company has conducted to date at the project and the implications are discussed in a Scarsdale Equities report. Lion One TuvatuIn a Jan. 3 research note, Scarsdale Equities analyst Mike Niehuser reported that "evidence continues to mount for an alkaline gold system" at Lion One Metals Ltd.'s (LIO:TSX.V; LOMLF:OTCQX) Tuvatu project in Fiji. Accordingly, Scarsdale increased its target...Read More
Another wild week for oil traders with missiles flying and huge overnight price swings in crude. As we recently pointed out within our current Oil research article, Oil and the Energy sector may be setting up for another great trade. We recently commented on how the supply/demand situation for oil has changed over the past 20+ years. With US oil production near highs and a shift taking...Read More
By: Gary SavageWe are still in an intermediate trend higher in gold. These corrections typically last 4 to 9 days in an intermediate trend cycle..https://blog.smartmoneytrackerpremium.com/Read More
The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10 years. The purchasing manager's index (PMI) fell to 47.2, a level we haven't seen since June 2009, as global trade tensions continued to take a toll on the country's manufacturers. The news comes as tw...Read More
- Ira EpsteinAlgos do not always win - important to know this. Gold price gap in the chart is now filled, fails after failed Iran/Iraq/US fears subsides -- China, Brexit, Impeachment and much more coming up:Read More
Gold and silver may have formed a short term top yesterday. If tomorrow's US December nonfarm payrolls matches ADP jobs, then gold and silver can see further sell off. Signing of the US-China trade deal and the details released thereof will be closely watched next week. Iran situation will be fragile over the coming weeks and months. There will be phases of escalation of geopolitical situation i...Read More
Diamond trading seasonally quiet, but diamantaires in positive mood as they return from New Year break. Dealers waiting for memo sale results to assess holiday season. Concern that US economic growth will slow in 2020 election year. Optimism for mainland China during Jan. 25 lunar festival. Hong Kong retail sluggish. Manufacturers cautious about raising factory production, despite expected 1Q inve...Read More
Jewelry wholesalers cautious due to high gold price and volatile rupee-dollar exchange rate. Diamond trading centered on filling last-minute orders for Chinese New Year. Good demand for 0.30 to 0.60, D-G, I1+ stones. Diamantaires expect upturn in coming weeks as US dealers return for post-holiday trading. Manufacturers maintaining stable polished production below capacity. RoundRead More
RAPAPORT PRESS RELEASE, January 9, 2020, Las Vegas... Jewelry Connoisseur by Rapaport is launching a weekly newsletter to help you keep up to date with all the latest news and trends in the diamond and jewelry sector. Whether you are a diamantaire, retailer, designer or jewelry enthusiast, you'll find something that appeals to your interests among the broad range of subjects the Jewelry Connoisseu...Read More