(Updates with closing prices, adds column)By Peter HobsonLONDON, Jan 24 (Reuters) - Aluminium prices fell on Thursdayfrom the previous session's four-week high as worries over theeffect of a Chinese economic slowdown outweighed signs of tightsupply.On-warrant stocks of aluminium available to the market inLondon Metal Exchange-registered warehouses tumbled to 848,650tonnes from more than a million...Read More
Orinoco Gold (ASX: OGX) announced that it has just started working with AngloGold Ashanti (JSE:ANG) (NYSE:AU) on establishing an in-country joint venture entity in Brazil, an undertaking that should be completed in the first quarter of 2019.The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.The regional exploration joint ven...Read More
Orinoco Gold (ASX: OGX) announced that it has just started working with AngloGold Ashanti (JSE:ANG) (NYSE:AU) on establishing an in-country joint venture entity in Brazil, an undertaking that should be completed in the first quarter of 2019.The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.The regional exploration joint ven...Read More
Gold _ Silver Spot Gold bounces back towards our selling opportunity at 1286/88, with stops above 1290. Next target & resistance at 1294/95. Bulls need a break above 1299.Minor support at 1278/77. Below 1276 is a sell signal targeting 1274 & probably a buying opportunity at 1268/66. Try longs with stops below 1263. Silver bounces back to 1543 but look for a selling opportunity at 1553/55 w...Read More
How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More
The price of gold dropped six bucks last week. The price of silver fell 26 cents, a greater percentage.The price of gold can sometimes correlate well with the price of stocks.In the short term, the gold-SPX correlation has clearly turned negative (in fact, a negative correlation is generally thought of as "normal").The Monetary Metals Gold Fundamental Price fell $10 to $1,334.The Monetar...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose after solid earnings from several bellwethers helped to allay growth worries.International Business Machines Corp. (IBM) jumped 8.46% after the technology giant posted adjusted fourth-quarter earnings that beat estimates and issued an outlook for the year that was higher than forecasts.Procter &a...Read More
For many of the world's companies, the best investment opportunities aren't always located within their own domestic borders. Whether it is building a new Starbucks store in Abu Dhabi or Tata Motors acquiring Land Rover, foreign direct investment (FDI) is a measure of how much business capital is flowing in and out of countries. In 2017, total foreign direct investment was $1.43 trillion glo...Read More
Billionaire Sam Zell just announced that he bought gold for the very first time in his life because, as he puts it, "it is a good hedge." In a recent Bloomberg interview, the Equity International founder and creator of the real estate investment trust (REIT) admitted to seeing an opportunity in gold's increasing supply shortage."For the first time in my life, I bought gold because it is a good h...Read More
January 24th, 2019, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce the appointment of Mr. Geoff Burns to the Company's Board of Directors.Mr. Burns is Chairman of Maverix Metals Inc. ("Maverix"), an emerging precious metals royalty and streaming company he co-founded in 2016. Prior to Maverix...Read More
By: Ira EpsteinGold making lower highs, Bollinger Bands narrowing:Read More
Dear Friend of GATA and Gold:Financial blogger Don Swenson today reports disappointedly on his attendance at the Vancouver Resource Investment conference a few days ago. In commentary headlined "Digital Currencies, Electronic Trading, Robots, and Algorithms! Repeat!" --https://kingdomecon.wordpress.com/2019/01/22/digital-currencies-electron...-- Swenson complains that the conference took no noti...Read More
DaBoyz more than held their own Wednesday, keeping the Dow airborne for six hours even though buying interest was practically nil. This is an achievement of sorts, and it suggests that although upside potential will be limited to whatever the stock market's masters can milk from daily mood swings, there would appear to be little enthusiasm for a hard selloff at the moment. In such circumstances,...Read More
Manila Chan speaks with investigative journalist Ben Swann about Newsguard, now bundled with Microsoft's built-in Edge browser, and how it claims to protect the public from fake news. Read More
The United States has offered to hold discussions on arm control issues with Russia in Beijing next week at a United Nations event, according to a senior State Department official Continue...Read More
With this program, the Canadian company aims to expand the existing resource on its gold oxide deposit. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release it restarted stepout and infill drilling on the Dark Star oxide gold deposit in Nevada. "We have discovered several new high-potential targets that will make for another exciting year of exploration on our Railroad-...Read More
A ROTH Capital Partners report highlighted the key points from management's recent presentation to investors. Analyst Jake Sekelsky reported in a Jan. 17 research note the takeaways from Kirkland Lake Gold Inc.'s (KL:TSX; KL:NYSE) Investor Day, held the same day.First, Sekelsky relayed, the company has a potential stock catalyst coming in the announcement of its updated reserves and resources tow...Read More
BY ROBERTROSS : Gold has done well during the latest sell-off in themarkets.But it’s not surprising. Gold has always been seen as asafe haven. When the markets tumble, investors flock into this asset.In the global financial crisis, the S&P 500 plunged55.6% between October 2007 and March 2009: Meanwhile, gold soared 25.4%.The same happened when the dot-com bubble burst in August2000...Read More
For many of the world's companies, the best investment opportunities aren't always located within their own domestic borders. Whether it is building a new Starbucks store in Abu Dhabi or Tata Motors acquiring Land Rover, foreign direct investment (FDI) is a measure of how much business capital is flowing in and out of countries. In 2017, total foreign direct investment was $1.43 trillion glo...Read More