Chevron's $33 billion acquisition of Anadarko has lit a fire under the oil patch as investors are now speculating that the energy sector will see a new wave of consolidation Continue...Read More
Peter Epstein of Epstein Research reviews the prospects of this company and its Knife Lake Project in Saskatchewan. Rockridge Resources Ltd. (ROCK:TSX.V) is a new copper + base metals explorer, (25.4M shares outstanding, CA$6.5M market cap, CA$2M cash, CA$4.5M enterprise value EV) searching in Canadian jurisdictions. More specifically, the focus is base, green energy and battery metals, of which...Read More
Technical analyst Clive Maund charts an Australian magnetite producer and explains why he is bullish on the stock. Grange Resources Ltd. (GRR:ASX) is an Australian magnetite producer that is just beginning what should turn out to be a major bull market, as we can see on its charts below, and it looks like a most worthwhile addition to any Australian resource stocks portfolio. There are a hefty 1....Read More
LONDON, 12 April 2019 - Comment from BullionVault was quoted yesterday by Nikkei Business, the leading Japanese business magazine from the now-global Nikkei publishing group.While gold is often seen as a hedge for stockmarket risk, the report says, "online gold-trading giant BullionVault notes that the metal's price has so far failed to respond" to the political turmoil around Brexit.Japanese spe...Read More
Historically, April has been a pretty consistent upside opportunity in Natural Gas for over 20 years. Over the past 24+ years, the upside opportunity in Natural Gas has been accurate over 68% of the time with the average upside potential ranging from $0.60 to $0.85. With Natural Gas sitting down near recent lows and seeing as though we are still fairly early in the month of April, our...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 199,50794,14361,105132,478265,287393,090420,535 Change from Prior Reporting Period 5,723-5,0854,279-7,0367,5432,9666,737 Traders 19361815454277168 Small Speculators LongShortOpen Interest 54,44927,004447,539 4,4036327,369 non reportable positionsChange fr...Read More
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very lo...Read More
By: Dave KranzlerGold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold's relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metal...Read More
By: Stefan GleasonAs gold and silver markets continue in choppy trading this spring, bulls are hoping a dovish Fed will sink the dollar and lift the metals.Now that the Federal Reserve is on "pause" - presumably for the rest of 2019 - perhaps investors can stop obsessing over interest rate decisions by central planners. Perhaps markets can finally trade based on actual market signals and underly...Read More
Few people know the risks in today's economy and marketplace as much as David Rosenberg, chief economist and strategist at Canadian wealth management firm Gluskin Sheff & Associates. For years he's educated investors with his popular "Breakfast with Dave" newsletter, which you can subscribe to here. He's also a regular contributor to the Globe and Mail and the Financial Post.Considered by many t...Read More
By: Ira EpsteinGold back into a down thrust. Higher high and lower low. Gold - there is no real story here right now. Read More
Gold got whacked Thursday as it so often does i.e., at the apex of a rally that may have encouraged a bullish thought or two in the minds of some investors. Alas, the worst selloff we've seen in well, it's actually been only two weeks socked the June contract with an $18 loss. In the accompanying chart, some might discern a head-and-shoulders kinda thing going on in the ups and downs of 20...Read More
By: Anne WilliamsonBeing a legend and living one are two very different things. Julian Assange, who is surely fated to become one of the legendary figures of our times no matter what his actual fate proves to be, is at the same time living The Legend of the Suram Fortress. The tale is a simple one that over the centuries nearly every Caucasian country has claimed as its own, but which origi...Read More
Dear Friends of the Ron Paul Institute: You are no doubt hearing quite a bit today about the arrest and likely extradition of Wikileaks publisher Julian Assange, who was literally sold out for the proverbial 30 pieces of silver (or in this case it was a $4.2 billion IMF loan to Ecuador approved just last month)! Vice President Mike Pence was in Ecuador last June to push a quid pro quo with...Read More
By: SRSrocco The Middle East is heading for a crisis in its oil industry. Unfortunately, the market doesn't realize there is any danger on the horizon because it mainly focuses on how much oil the Middle East is producing rather than its exports. You see, it doesn't really matter how much oil a country produces but rather the amount of its net oil exports. A perfect example of this is Mexi...Read More
SD Friday Wrap: The cartel is lashing-out in sheer desperation, and gold & silver are the targets, but the lashing is not likely to last long. Here's why...Editor's Note: This post is subjective opinion and possibly offensive. Do not continue reading if easily offended.*****The stakes are high.What's at stake?Oh, just the implosion of all of the phony paper markets.And I do mean all of them - the...Read More
Egon says once the paper silver shorts run for cover and ask for delivery, THERE WILL BE NO METAL AVAILABLE. Here's what it means for gold & silver investors...by Egon von Greyerz of Gold SwitzerlandMMT is the socialists' dream. It officially stands for Modern Monetary Theory but a more appropriate name would be More Money Theory. Because MMT is just a fancy name to justify more money printing, m...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Once the deal closes, Chevron will be the second-largest producing major in 2019 terms. It was fourth.The acquisition makes the Majors' peer group much more polarised. ExxonMobil, Chevron, Shell and BP are now in a league of their own...Read More
Changing societal perceptions, combined with more and more countries legalising cannabis use, mean that companies should adopt nontraditional methods of determining whether employees are fit for duty, says Predictive Safety director of fatigue education Dr Doug Potter.He points out that the global perception on cannabis use has shifted and that several countries, including South Africa, have decri...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 15 points in pre-opening trade. Index futures responded to encouraging economic news released by China.Anadarko advanced $13.90 to $60.70 and Chevron dropped $6.20 to $119.70 after Chevron made a $33 billion cash and share offer to acquire the company. Estimated per share value of offer is $65.JP Morgan advanced $2.65...Read More