Erik Townsend and Patrick Ceresna welcome Charlie McElligott back to MacroVoices. Erik and Charlie discuss the China credit impulse and PBoC liquidity operations. The discuss if this is a bear market rally or continuation of bull market and fading the Fed's economic optimism. They update CTA positioning across asset classes and positioning in risk parity funds. They finally end with a conversation...Read More
The company summarized the results of its related 2018 exploration efforts. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) discovered high-grade gold mineralization in the Lost Ace zone of its Justin project in the Yukon, it announced in a news release. This finding came out of its 2018 exploration program at Justin, in which Aben took 19 channel and 28 chip samples from five trenches, 16 rock samp...Read More
"If you find a truly hidden camera in your bedroom or bathroom, AirBnB will support you. If you find an undisclosed camera in the private living room, AirBnB will not support you."Continue...Read More
Today we bear dramatic news:Markets have entered a "phase transition zone"… the "magic space between order and chaos."This we have on the authority of the brains at Fasanara Capital.But what will emerge on the other side - order or chaos?Today our mood is heavy, our brow creased with thought... as we hunt the answer.We begin with a hypothesis:Since the financial crisis, central banks have ac...Read More
LONDON, 16 January 2019 - Comment and data from BullionVault today features as a corrective to claims of surging gold demand among private investors from specialist finance title International Adviser.Agreeing with another UK dealer that reports of a surge in demand are overblown, Adrian Ash, director of research at BullionVault says that "Selling continues to outweight demand, with profit-taking...Read More
The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments.Continue...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
Barrick Gold has been having a bit of a post-merger sell-off since the deal closed on January 1.There are too many positives when it comes to the company, the most important being that the continued debt reduction will result in a further re-rating of the stock.While we don't know Q4 financial figures yet, I think it's safe to assume that net debt declined even further.The recent sell-off...Read More
- Turbulent markets and Brexit mean it is essential to consider safer options like gold- You need to take some risk in a portfolio - cash, gold and planning are essential- To build a financial fortune & long-term wealth one must diversify assets & own gold- "Physical gold (bars & coins) can be bought from an online bullion dealer -the likes of Goldcore" writes Jeff Prestridge for This Is Money...Read More
Fears of a contagion effect of the Chinese slowdown is preventing industrial metals and crude oil from rising. Focus is more on Brexit globally. There is speculation that the UK might now leave the European Union. The Cable will zoom like a space rocket if there is clear information that the UK will not leave the European Union. A second referendum vote (if any) will be in favor of the UK not le...Read More
The U.K. leader has failed to convince Parliament of her plan to leave the European Union.May's proposed "Withdrawal Agreement" was agreed with EU leaders in November last year.May lost by 230 votes after lawmakers voted by 432 to 202 to reject the deal. David Reid| @cnbcdavyPublished 5 Hours AgoUpdated4 Hours AgoCNBC.com show chapters UK parliament defeats Brexit deal 4 Hours...Read More
Gold prices have entered a bearish phase on the charts, albeit remains in a consolidative phase as investors stay on the sidelines ahead of Brexit, trade and global growth-related risks. Gold is currently trading at $1,288/oz, down from a high of $1,294.85/oz and slightly up from a low of $1,286.67/oz. Gold futures finish lower for the first time in 3 sessions. Gold has wobbled within the...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Some of the mining world's top executives are starting to plan their departures, driving speculation about who will lead their companies into the next decade.The changing of the guard raises the prospect of a strategic shift, as the industry searches for ways to enthuse investors after a belt-tightening era characterized by asset sales and cost control.Here, based on conversations with executives...Read More
Big-cap earnings reactions created tailwinds for stocksStimulus buzz out of China and strong day for FAANG stocks boosted the broader equities market today. Positive earnings reactions for UnitedHealth (UNH) and JPMorgan Chase (JPM) only created bigger tailwinds -- and put Bank of America (BAC) options bears on notice ahead of the financial firm's quarterly results tomorrow morning. This helped of...Read More
It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More
IAMGOLD Corporation (TSX: IMG) today announced that it has entered into a forward gold sale arrangement with financial institutions whereby the company will receive a prepayment amount of $170 million in exchange for delivering 150,000 ounces in 2022, with a gold floor price of $1,300 per ounce and a cap price of $1,500 per ounce.The prepaid gold arrangement is supported by a syndicate of banks i...Read More
IAMGOLD Corporation (TSX: IMG) today announced that it has entered into a forward gold sale arrangement with financial institutions whereby the company will receive a prepayment amount of $170 million in exchange for delivering 150,000 ounces in 2022, with a gold floor price of $1,300 per ounce and a cap price of $1,500 per ounce.The prepaid gold arrangement is supported by a syndicate of banks i...Read More
Skeena Resources of Vancouver recently completed a surface drilling program on its Eskay Creek property in the province's Golden Triangle.Phase one drilling at the 21A zone returned these highlights:Hole SK-18-033: 4.93 g/t gold, 134.59 g/t silver over 33.57 metres;Hole SK-18-034: 7.11 g/t gold, 54.21 g/t silver over 28.88 metres;Hole SK-18-036: 22.36 g/t gold, 646.92 g/t silver over 14.72 metr...Read More
Underground and surface drilling yields results for Toronto-based Wallbridge Mining Co. at its Fenelon gold project 75 km northwest of Matagami, Quebec. The results are high grade - up to 144.77 g/t gold over 6.1 metres - but the program also resulted in the discovery of a new visible gold zone at depth. Surface drilling has so far returned 4.70 g/t gold over 3.0 metresThe foregoing intersection...Read More