Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More
Mining companies need to determine how to operate in a market that is also characterized by rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under 7%, rather than 12%, just to mention some challenges. (Image courtesy of Codelco | Flickr.)2019 could go down in history as the year mining companies stopped anc...Read More
(Adds new death toll and comments from cemetery director;restores context)By Jake Spring and Gram SlatteryBRASILIA/BRUMADINHO, Brazil, Jan 29 (Reuters) - Vale SA , the world's largest iron ore miner, on Tuesday vowedto take as much as 10 percent of its ore output offline in orderto decommission 10 more dams like the one that burst last week,killing scores of workers and nearby residents.Chief Exec...Read More
The gold price finally pierced resistance at $1,300 on Friday, hitting a 7-month high!The $1,300 level has been pesky resistance roughly 12 times over the past 3 to 4 years.It is a psychological price threshold, but also has implications for paper futures traders.The bulls are optimistic that the Federal Reserve will leave interest rates unchanged this week.Growing risks to the global economy are...Read More
IAMGOLD announces decision not to proceed with the construction of Cote Gold project.Previously, I noted that investors were worried about this major investment as many gold projects fail to deliver return nowadays.This is a positive catalyst for the company which will provide some support for its beaten shares.Recently, I have written about IAMGOLD's (IAG) 2018 production and 2019 guidance report...Read More
Published 23 Hours AgoUpdated5 Hours AgoReuters Getty ImagesGold jumped to its highest in more than eight-months on Tuesday, on doubts surrounding U.S.-China trade relations and ahead of a Federal Reserve meeting with increasing expectations for a pause to the central bank's rate hike trajectory.Spot gold was up 0.5 percent to $1,310.60 per ounce as of 2:53 p.m. EST, having hit its highest since...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average sank Monday, led lower by Caterpillar Inc. (CAT) , which missed analysts' earnings estimates.Caterpillar declined 9.13% after its posted weaker-than-expected fourth-quarter earnings and forecast a "modest" in increase in 2019 sales.Nvidia Corp. (NVDA) tumbled 13.8% after slashing its revenu...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 29, 2019 The magnificent gold price rally has paused in the $1300 area for the past few weeks.Monday was COMEX option expiry day. With that now out of the way, gold is already staging more upside action! Please click here now. Double-click to enlarge this daily gold chart.A bullish ups...Read More
By: David SmithTwo years ago at a conference during which I both presented and attended, a Keynote speaker, "Rich Dad" Robert Kiyosaki, introduced me to a different way of looking at things. He posed the question, "How many sides does a coin have?"The correct answer is "three." The front (obverse), back (reverse) and... the edge!When you think about it, this makes sense. From this angle - uncomm...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
COLORADO SPRINGS, CO, Jan. 28, 2019 -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2019 payable on February 25, 2019 to shareholders of record as of February 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nev...Read More
By George Smith"... if the journalistic credos of speaking truth to power, comforting the afflicted, and afflicting the comfortable have a godhead, that would have to be Paine, whose writing was so provocative and so uncompromising that he faced the gibbet and the blade everywhere he published in England, and in France, and in the United Colonies." Craig NelsonThomas Pain (later changed to Pa...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
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"We're aware of this issue and we have identified a fix that will be released in a software update later this week."Continue...Read More
With $60B-$80B in potential claims against PG&E in their Chapter 11 filing why isn't anybody talking about the $600B-$800B in notional DERIVATIVES that were just triggered? Who's the BIG LOSER?Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"It'll be substantially smaller than it is now...but nowhere near where it was before,"Continue...Read More
Gold is holding above $1,300 an ounce, trading near a seven month high Continue...Read More