The stock is near a historically bullish trendlineEtsy Inc (NASDQ:ETSY) stock is enjoying a pop today, in anticipation for its fourth-quarter earnings release after the close next Monday, Feb. 25. The security just hit a Feb. 5 record high of $60.58 and has found an area of support at the $54 level. What's more, the stock recently flashed a bullish signal that, if history is any indicator, could s...Read More
It's unimaginable what great progress China made in the last forty years. The rise of such economic power triggered many fears (or hopes) about the future international order. We invite you to read our today's article about the rivalry between China and the US and find whether the Red Dragon will replace America as a global hegemon. And what would such a shift mean for the gold market. &nb...Read More
Many short sellers and options traders are profiting from today's crashSpecialized pharmacy stock Diplomat Pharmacy Inc (NYSE:DPLO) is trading at record lows today, earlier bottoming at $7.33, after the company announced it's delaying the release of its fourth-quarter and full-year 2018 earnings report, and is pulling its 2019 forecasts due to greater-than-expected weakness in its pharmacy benefit...Read More
President Trump and China's Vice Premier Liu will meet later todayThe Dow Jones Industrial Average (DJI) is confidently higher today, up triple digits as optimistic investors await news from this afternoon's trade talks between U.S. President Donald Trump and Chinese Vice Premier Liu He. The blue-chip index is headed toward its ninth straight weekly win, its longest weekly winning streak since 19...Read More
Mr. Glen Sandwell reportsTAHUEHUETO UNDERGROUND DEVELOPMENT EXPOSES NEW MINERALIZATION ALONG PERDIDO STRUCTURETelson Mining Corp. has provided a development update and significant assay results from underground development at its Tahuehueto mine development and construction project, Durango state, Mexico.HighlightsTahuehueto underground development along the major mineralized structure, El Perdido...Read More
Mr. Glen Sandwell reportsTAHUEHUETO UNDERGROUND DEVELOPMENT EXPOSES NEW MINERALIZATION ALONG PERDIDO STRUCTURETelson Mining Corp. has provided a development update and significant assay results from underground development at its Tahuehueto mine development and construction project, Durango state, Mexico.HighlightsTahuehueto underground development along the major mineralized structure, El Perdido...Read More
* China, Hong-Kong markets quiet* Yen-denominated gold hits over 1-year peak* India discounts narrow to $1 from $6 earlier this week* India's gold marketPhysical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.In Japan, the metal was sold at a discount of about 75 cents to the gl...Read More
* China, Hong-Kong markets quiet* Yen-denominated gold hits over 1-year peak* India discounts narrow to $1 from $6 earlier this week* India's gold marketPhysical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.In Japan, the metal was sold at a discount of about 75 cents to the gl...Read More
The passage of Bill C-45 could be a signal to early investors that pot stocks are ready to pop.With Bill C-45 now in effect, it's possible that in the very near future, investors may be seeing stock market gains that will never be seen again. This is a sentiment echoed by The New York Times, which reported that when this bill passes as expected, it will "completely legalize marijuana as a consu...Read More
BullionStar was recently asked to comment on the Reserve Bank of Australia's gold reserves supposedly stored at the Bank of England's gold vaults in London. This Q & A is a summary of the discussion.Read full newsRead More
The stock is trading near a historically significant trendlineThe shares of Amazon.com, Inc. (NASDAQ:AMZN) hit a year-to-date high of $1,736.41 on Jan. 31, thanks to a blowout earnings report for fellow FAANG name Facebook (FB). AMZN stock has since pulled back amid a negative reaction to the e-tailer's fourth-quarter results, as well as a number of PR headaches. However, the equity could be heade...Read More
The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.Copper for delivery in March hit $2.9535 per pound ($6,510 a tonne) by midday on the Comex market, the highest level since the start of July last year. The price spiked in heavy volumes with nearly 1.5m tonnes worth $9.5 billion traded by lunchtime in New York.Glo...Read More
The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.Copper for delivery in March hit $2.9535 per pound ($6,510 a tonne) by midday on the Comex market, the highest level since the start of July last year. The price spiked in heavy volumes with nearly 1.5m tonnes worth $9.5 billion traded by lunchtime in New York.Glo...Read More
In the last segment of his latest Discovery Watch (February 20th), John Kaiser from Kaiser Research Online explains that, in contrast to junior miners who stand to benefit in a non-inflationary environment when the real price of gold is rising, some existing producers could win if the nominal price of gold is rising along with inflation.Cheechoo project neighbourhood (click for larger)The discuss...Read More
It's been weird in the coal world in recent days, with the world's largest shipper saying it's capping output, biggest seaborne buyer China putting restrictions on some imports, and an Australian court saying mines must factor in climate change.Throw in an executive at a major Indian coal-fired power generator saying his company won't build any new plants as coal can't compete with renewables, and...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More
STMP has more than halved this morningShares of shipping name Stamps.com Inc. (NASDAQ:STMP) are down more than 56% at $87.01 -- and just touched a fresh two-year low of $85.56 -- after the company announced the discontinuation of partnership with the U.S. Postal Service (USPS). CEO Kenneth McBride said the company will "fully embrace partnerships with other carriers ... well positioned to win the...Read More
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations since mid-November and plans to extend the strike to its plati...Read More
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations since mid-November and plans to extend the strike to its plati...Read More