"We are big gold believers here. Now gold is at $1,300, we think gold is going Continue...Read More
Today, we're sharing part II of Crisis Investing chief analyst Nick Giambruno's recent interview with resource legends Doug Casey and Rick Rule. If you missed part I, make sure to catch up here.Continue...Read More
The most recent drill results from several zones in its Red Lake District in Ontario included some of the highest intercepts to date. DHZ-014 Drill CoreGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC), a gold explorer based in Canada, reported drill results from the Hinge Zone (DHZ) and South Limb Zone (DSL) at its 100%-owned Dixie Project.Located in Ontario's Red Lake District, some of the highe...Read More
Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
No rate hike today.As roundly expected, the Federal Reserve held steady.Mr. Jerome Powell claimed his band of 12 would be "patient" with rate hikes.But we are not so concerned with the day's changing scenery, the shifting kaleidoscope.Our concern is rather the grand sweep, the long view... the perspective of the circling eagle.Today we attempt a wider glance.What holds the eternal key to growth an...Read More
Graceland UpdatesBy: Stewart Thomson 1. The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day. 2. With that now out of the way, gold is already staging more upside action!3. Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidat...Read More
Venezuela is nearing to be another Iran or Libya as it is trying to switch away from US dollar to other currencies on its crude oil and other natural resources. There will be a regime change in Venezuela soon. Russia and China will not be able to stop a regime change in Venezuela. UK has declined to give Venezuela its gold. The message is clear, US and UK will not give gold to nations have given...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
British Columbia is known for its coal and copper-gold deposits, with a storied history of mining all three commodities. Now the second largest mining company in the world is hoping to add a BC copper porphyry deposit to its portfolio of development properties.Rio Tinto's (ASX, LON:RIO) Chris Welton said the London and New York-listed mega-miner is scoping out British Columbia, Canada for a copper...Read More
The S&P and Nasdaq, on the other hand, closed lowerThe Dow explored a 170-point trading range on both sides of breakeven, as Wall Street digested the latest round of blue-chip earnings. The index managed a modest gain by the close on positive reactions for Pfizer (PFE) and 3M (MMM). The S&P 500 and Nasdaq weren't so resilient, settling with losses as tech stocks sold off on fresh tensions between...Read More
Australia's Newcrest Mining on Wednesday reported a near 7 percent rise in its second quarter gold output, driven by increased production across all its operations, led by its flagship Cadia mine. Total gold production for the country's largest independent gold miner for the three months to Dec. 31 came in at 654,849 ounces compared with 612,695 ounces a year ago, a 19 percent increase from the pr...Read More
The J.P. Morgan Securities analyst urges caution ahead of General Electric earningsStocks are mixed today, with the Dow higher but the Nasdaq in the red amid a tech stock pullback. Former Dow name General Electric Company (NYSE:GE) is struggling, but small-cap stocks Coffee Holding Co., Inc. (NASDAQ:JVA) and biotech name OncoCyte Corp (NYSEAMERICAN:OCX) are enjoying breakout days. Below, we'll tak...Read More
Montreal's Yorbeau Resources has resumed diamond drilling at its Scott copper-zinc property between the towns of Chibougamau and Chapais. The goal is to identify an extension of the deposit west of the Gwillim fault.A preliminary economic assessment was made in 2017 for the Scott project that planned on mining 12 million tonnes at grades of 4.14% zinc, 0.81% copper, 27 g/t silver and 0.24 g/t go...Read More
Toronto-based QMX Gold Corp. has released high grade results from its ongoing drilling program at the Val d'Or East zone near Val d'Or. Half of the planned 26 holes have been completed at the Bonnefond target with the best assays reaching 39.5 and 31.5 g/t gold.Core from work at the tonalitic plug returned 31.55 g/t gold over 1.6 metre within an intersection of 3.31 g/t over 26.8 metres within a...Read More
Miner AngloGold Ashanti said on Tuesday it has halted a soil study at a site in Colombia after the town's mayor issued a suspension order because of a recent mining ban.Work at the site in Jerico, Antioquia province, was stopped on Monday and the project will remain halted pending a review by the province's tribunal, AngloGold said.The company was not carrying out mining exploration at the site, b...Read More
The brokerage firm also upgraded the name to "strong buy"Raymond James upgraded Carbon Black Inc (NASDAQ:CBLK) to "strong buy" from "outperform," and maintained its $24 price target -- a 68% premium to last night's close at $14.30. The analyst in coverage waxed optimistic on the cybersecurity firm's growth potential, and said the stock is cheap at current levels.In reaction, CBLK is trading up 7.7...Read More
SEAS still isn't too far from its 2018 highsSeaWorld Entertainment Inc (NYSE:SEAS) is seeing accelerated put trading, following the sudden death of orca whale Kayla at the young age of 30. Puts are crossing at two times the expected pace, and traders seem to be buying to open positions at the June 25 put. If that's the case, these bearish traders would be betting on more losses from SEAS stock in...Read More
The shares could rally in the short term, if past is prologueTech behemoth Apple Inc. (NASDAQ:AAPL) is set to report earnings after the close today, and while AAPL option premiums are inflated ahead of the event (as expected), the same can't be said about iPhone supplier Broadcom Inc (NASDAQ:AVGO). What's more, AVGO shares just flashed a bullish options signal, suggesting now may be the time to bu...Read More
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that says the project would produce 902,000 oz. gold over an eight year mine life. It would cost an initial $196 million and achieve after-tax payback in 2.1 years.The project has a $241 million after-tax net present value at a 5% discount rate and a 34% after-tax internal...Read More