Gold and silver are steady. Trump's top economic advisor is looking for commitments from China for a trade deal. Uncertainties over a trade deal will prevent gold from a big sell off. Right now the trend in gold is neutral. Silver needs to trade over $1500 to be in a bullish zone. Day traders are on the sidelines. Long term investors are using sharp dips to invest in gold. Some large fund manage...Read More
CloseGain/LossGold $1283.00-$1.60Silver$15.36+$0.03XAU68.86+0.18%HUI151.86-0.22%GDM573.37+0.13%JSE Gold1350.79+8.99USD96.12-0.24Euro113.83+0.20Yen91.47-0.18Oil$52.62-$0.3910-Year2.746%+0.007T-Bond145.00-0.40625Dow24575.62+0.70%Nasdaq7025.77+0.08%S&P2638.70+0.22% The Metals: Gold edged up to $1286.50 in Asia before it dropped back to $1278.70 in early New York trade and th...Read More
Davos Switzerland...It may look like a peaceful winter wonderland. But if you visit the Davos ski resort in Switzerland this week, you’ll hear some forecasts that will chill your nerves as an investor.Fortunately, there’s a silver lining. One that will set you up for luxurious gains on your 2019 brokerage statement. But to lock in these profits, you’ll have to be brave!Let’...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
"Marquette has been closely watching the development of esports, both as a global trend and as an integral part of the future of the Big East Conference,"Continue...Read More
After listening since 2016 to the American presstitutes complain, without providing a mere scrap of evidence, of Russia meddling in US elections, a person would think that Continue...Read More
Last week, we discussed our outlook for 2019 and the factors that will soon drive price Continue...Read More
The Bank of China had increased its gold reserves from 1842.6 tons to 1,852 tons in Continue...Read More
Robert Shiller of Yale University discusses indicators in the housing market that may effect the economy. Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Craig Hemke of TFMetalsReport.com.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a...Read More
- Outlook for gold in 2019: IG TV Victoria Scholar interviews GoldCore- Given Brexit & Trump risk, trade wars & fragile economic growth, gold may gain 20%-25% in 2019- Palladium has surged to record highs and gold will play catch up in coming years and reach record highs again; Both nominal highs near $1,900/oz and inflation adjusted at much higher prices- Global demand will be strong in 2019 a...Read More
Risk of a sustained Chinese slowdown is higher after the Chinese president stressed the need to maintain political stability. Jobs are the key to every nation. Increase in joblessness will create political issues in communist China. Industrial metals can fall first or the pace of rise will reduce after comments from the Chinese president. The Chinese have started/intend to start a massive infras...Read More
Signs China's economy is slowing got the bearish ball rollingThe Dow dropped triple digits out of the gate on signs of a slowing global economy. Disappointing housing data here at home and sinking oil prices only added to the risk-off backdrop, with panic-selling setting in on mid-afternoon headlines indicating the U.S. has turned down China's offer to meet ahead of next week's high-level trade ta...Read More
Another technical bear signal just flashed for the broadcasting concernThings have not been looking good for DISH Network Corp (NASDAQ:DISH) stock of late. Although the broadcasting name has bounced since hitting a seven-year low of $23.22 on Dec. 27, it's historically been one of the worst stocks to own during Martin Luther King Jr. Day week in the past 10 years, averaging a loss of nearly 3%....Read More
Bloomberg News/LandovFed Chairman Jerome Powell and his colleagues have stressed that they can be patient before moving interest rates any higher. Federal Reserve officials next week will continue to stress that they will be "patient," and that is largely being interpreted at this point to mean no hikes until at least June, economists said. Since the financial market turmoil after their December m...Read More
EDIT is near the bottom of the Nasdaq, tooStocks are sinking to start off the holiday-abbreviated week. Among the names struggling are metals specialist Arconic Inc (NYSE:ARNC), gene editing stock Editas Medicine Inc (NASDAQ:EDIT), and weed stock Tilray Inc (NASDAQ:TLRY). Below, we'll take a look at what's moving the shares of ARNC, EDIT, and TLRY.ARNC Plummets After Ditched SaleThis morning, A...Read More
Worries over China's economy and a bearish brokerage note are pressuring WBThe shares of Weibo Corp (NASDAQ:WB) are spiraling today on concerns over slowing Chinese economic growth. A downgrade to "neutral" from "buy" at Nomura Instinet is only exacerbating headwinds, with the brokerage firm also cutting its WB price target to $61 from $74. At last check, the stock is down 11.7% at $53.67, and opt...Read More
Vancouver-based IDM Mining reports it has discovered a new zone - Lacasse - at its Red Mountain gold project 15 km east of Stewart. Underground drilling also targeted multiple zones for resource expansion, conversion and further exploration.The Lacasse zone occurs in the hanging wall of the AV zone, and it appears to be at an oblique angle to the major mineralized zones at Red Mountain. It is name...Read More
Ely Gold Royalties (TSXV: ELY) announced this week that, through its wholly-owned subsidiary Nevada Select Royalty, it has entered into an option agreement with Delamar Mining Company, a wholly-owned subsidiary of Integra Resources (TSXV: ITR), to option a 100%-interest in a group of leased lands situated in Owyhee County, Idaho.The lands belong to what is known as the War Eagle Property and they...Read More
A wave of risk aversion swept across financial markets today with global equities retreating as pessimism over global growth sapped risk sentiment. The International Monetary Fund’s recent gloomy global growth outlook left a bitter aftertaste while Brexit-related uncertainty and a prolonged US government shutdown drained investor confidence. With investors clearly keeping a safedistance from...Read More