Today's guest, Marco Janssen, shares his thoughts on the demise of the European Union. During our discussion we talk about negative rates, quantitative easing and the threat of a cashless society in the near future. Marco highlights why the EU experiment is revealing to the world that Central Bank policy is disastrous for humanity. To find out more about Marco Janssen visit the link here: http://w...Read More
The answer is very bad. The structure of the Eurozone is an absolute disaster. It is promoted as a single country, but it lacks everything that stands behind a Continue...Read More
The first portion of the trade deal will be written over the next three weeks, Trump said Friday afternoon. Continue...Read More
The Federal Reserve will be continuing its overnight funding operations through at least January 2020, the central bank announced Friday.Continue...Read More
Technical analyst Clive Maund charts a junior explorer and explains why he sees it as a speculative buy. Although we are generally aiming to gravitate towards the large and mid-cap gold stocks during the early stages of the sector bull market, it is worth considering smaller stocks from time to time, if they measure up fundamentally and technically. Goldcliff Resource Corp. (GCN:TSX.V) is one suc...Read More
Recent assays demonstrate high prospectivity between two existing zones. Pure Gold Mining Inc. (PGM:TSX.V; PUR:LSE) identified a new target area for discovery at its Madsen gold complex in Ontario, it announced in a news release. As such, the company expanded its current drill program by 20,000 meters (20,000m). The new area of interest, where Pure Gold hit mineralization on drilling and where ex...Read More
These results are from one of the company's high-priority regional prospects. Nighthawk Gold Corp. (NHK:TSX.V) announced in a news release results from eight more holes drilled over 2,328 meters (2,328m) at its Treasure Island gold project. Assay results are pending for the last nine holes of the total 19 drilled this year at Treasure Island, which sits on Nighthawk's Indin Lake property in Canad...Read More
Theentire precious metals sector rallied yesterday, but the upswing wasparticularly visible in case of silver and (especially) mining stocks. Both:silver, and miners moved to new October highs. Silver’s breakout was tiny, butminers rallied relatively significantly and that’s the part of the current longtrade that’s particularly profitable. Of course, these profits are near tonoth...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 334,38358,82053,301167,755478,697555,439590,818 Change from Prior Reporting Period 11,5835,013-5,1984,70511,95911,09011,774 Traders 21469785451292175 Small Speculators LongShortOpen Interest 61,51826,139616,957 98229812,072 non reportable...Read More
Gold investment demand was strong in the months following gold's decisive breakout to new bull-market highs in late June. The metal's upside momentum fueled big capital inflows, accelerating its gains. But soon after gold's upleg stalled, so did the investment buying. With stock markets still near record highs, the normal portfolio-diversification motive for owning gold is lacking. Thu...Read More
By: Ira EpsteinGold has been stuck for a week and a half trading around the 18-DMA..Read More
Do not believe in Trump on the trade deal. Let there be a trade deal and the details made public. Then only gold will fall. Till there is a confirmation of a trade deal, I will prefer to use a buy on sharp dips strategy for gold and silver. Intraday volatility will rise in gold and silver. Traders and investors are used to one way price moves. It seems they do not like wider range trading. I hav...Read More
For most of 2019, the emerging trends in the precious metals space have been undeniably strong...by Richard Cox via Platinum GuildFor most of 2019, the emerging trends in the precious metals space have been undeniably strong. Manyanalysist (possibly a majority of the financial analyst community) seemed to think that these types ofevents were impossible, given the fact that the S&P 500 was on a cle...Read More
Subsequent to the launch of thenew VDrivePlus and AlphaDrive-Micro variable-speed drives(VSDs) from Hudaco Group company Varispeed, bearings and accessories distributor Bearings International (BI) has embarked on a training and sample-distribution campaign at its 50 BI branches in South Africa. Two training sessions have been conducted at BI’s head office inBoksburg, Gauteng, with a furthert...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe blockade, which began on September 22 by the Chumbivilcas community some 150km from the mine means vital supplies cannot enter the mining operation, with other communities undertaking similar measures at other points of the transportation corridor."While there has been no impact on the production of copper concentrate to date, mi...Read More
The $2-billion Venetia Diamond Mine Underground project remains on track and within budget to achieve first production in 2021. At steady-state production, 5.9-million tonnes of ore will be treated in the existing process plant to produce some 4.5-million carats a year.Anglo American subsidiary De Beers Group hosted a Young Diamantaires Visit at the mine last month, providing the media and visitor...Read More
There is some cautious optimism over United States-China trade negotiations after US President Donald Trump described the talks as very, very good and said he would meet Chinese Vice Premier Liu He in the White House on Friday October 11.But, we have been here before so it is probably best not to anticipate too much - indeed, with the base metals generally rangebound this morning that...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade. Futures advanced on news that U.S./China trade negotiations are continuing.Apple is expected to lead the advance in U.S. equity markets at the opening. The stock is scheduled to open above its all-time high at $232.07.The Canadian Dollar added 0.26 to U.S. 75.54 following release of Cana...Read More
If you're over 50, chances are the decision to retire won't be yours.A new data analysis by ProPublica and the Urban Institute found that more than half (56%) of U.S. workers over 50 have been fired, forced to retire early, or pushed out of their jobs before they were ready to retire.What's more, one third of these pushed-out workers go on to be fired from two or more jobs before leaving the workf...Read More
The following is an edited excerpt from the "Global Silver Investment" report prepared by Metals Focus for The Silver Institute. Visit www.silverinstitute.org for complimentary access to the full report.Investor sentiment has strengthened for silver (as well as the wider precious metals complex), in contrast with recent years' activity, when many institutional investors had been skeptical towards...Read More