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
OK2 Minerals (TSXV: OK) entered into an arms-length definitive agreement with EMX Royalty (TSXV: EMX) to acquire the past-producing Bleikvassli Cu-Zn-Ag-Pb-Au Mine, and the Sagvoll and Mer??ker Zn-Cu projects, all located in Norway, as well as the advanced-stage Bastutr??sk Zn-Cu-Au project in Sweden.In a press release, the Vancouver-based miner said that together with the acquisition, it will und...Read More
* Stronger dollar after ECB comments weighs on metals * Tin hits highest level in three weeks * GRAPHIC-2018 asset returns: (Updates with closing prices)By Eric OnstadLONDON, Dec 13 (Reuters) - Copper hit its highest in morethan a week on Thursday after U.S.-China trade tensions eased,but gains were capped due to persistent worries about Chinesedemand and global growth.China made its first purchas...Read More
Published 21 Hours AgoUpdated6 Hours AgoReuters Gold eased to its lowest in nearly one week on Thursday as the dollar rose and investors latched on to gains in global stocks, while palladium touched record highs on expectations of higher demand.Spot gold eased 0.21 percent to $1,242.74 per ounce at 11:21 a.m. EST (1621 GMT), while U.S. gold futures settled at $1,247.40 per ounce, down $2.60.The do...Read More
Published 21 Hours AgoUpdated6 Hours AgoReuters Gold eased to its lowest in nearly one week on Thursday as the dollar rose and investors latched on to gains in global stocks, while palladium touched record highs on expectations of higher demand.Spot gold eased 0.21 percent to $1,242.74 per ounce at 11:21 a.m. EST (1621 GMT), while U.S. gold futures settled at $1,247.40 per ounce, down $2.60.The do...Read More
Gold has created a classic bull flag - a continuation pattern - on the 4-hour chart. A convincing break above $1,248 (upper end of the flag) would signal a continuation of the rally from the low of $1,216 and would open the doors to $1,280 (target as per the measured height method - pole height added to breakout price). That target may not look feasible for now. That said, the flag breakout...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and the S&P 500 were rising sharply Wednesday. Each index has closed lower for four of the past five sessions.Tencent Music begin trading on the New York Stock Exchange Wednesday and the stock jumped 8.8% to $14.14. The initial public offering for the Chinese streaming company was priced at $13, the lo...Read More
Romios Gold Resources Inc. (TSX.V: RG) (OTC-PK: RMIOF) (Frankfurt: D4R) recently announced that, further to its press releases of September 24, 2018, it has finalized a definitive agreement (see the "Definitive Agreement") with Crystal Lake Mining Corp. ("CLM") to option the Company's Newmont Lake Property ("Newmont Lake") (see September 24, 2018 news release for details o...Read More
Torex Gold Resources Inc. (TSX: TXG) recently reported record production in the third quarter of 2018 of 100,346 ounces in dore, and an additional 1,135 ounces in carbon fines. Gold produced for the nine months totaled 246,309 ounces in dore, and an additional 11,322 ounces in carbon fines.Fred Stanford, President & CEO of Torex stated: "This was an excellent quarter with record gold productio...Read More
Kirkland Lake Gold Ltd. (TSX: KL) (NYSE: KL) (ASX: KLA) says the company is on track for record quarterly production in the fourth quarter of 2018, with full-year 2018 production now expected to exceed 330,000 ounces versus current guidance of 300,000 - 310,000 ounces. Based on the improved outlook for Fosterville Mine, the Company now anticipates that full-year 2018 consolidated production w...Read More
Dynacor Gold Mines Inc. (TSX: DNG; OTC: DNGDF) says its October gold production results were the best monthly gold production results in 2018.In October, the Corporation produced 7,352 ounces of gold, a 11% monthly average increase from the previous nine months. The total amount of ore purchased in October also increased by 11% compared to the average of the previous nine months.Dynacor, the...Read More
SilverCrest Metals Inc. (TSX.V: SIL) (NYSE: SILV) recently announced that SSR Mining Inc. ("SSR") has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30,663,006 in a non-brokered private placement financing. After giving effect to the private placement, SSR will own 9.9% of the outstanding common shares of Silve...Read More
Barkerville Gold Mines Ltd. (TSX.V: BGM) announced drilling results from 2018 Cow Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project. The drilling results demonstrate continuity of high-grade gold mineralization within vein corridors and extensions down dip and down plunge. A total of 63,970 meters were drilled on Cow Mountain during the...Read More
The Wednesday Market Minute Global stocks edge higher amid signs of progress in U.S.-China trade talks and the release on bail of Huawei CFO Meng Wanzhou.President Donald Trump tells Reuters he would meet with China's Xi in order to close a trade deal and would intervene in Meng case if necessary.Bullish sentiment capped by news that Prime Minister Theresa May will face a leadership challenge fr...Read More
CloseGain/LossGold $1242.90-$3.00Silver$14.77+$0.03XAU68.75+0.17%HUI156.67-0.06%GDM568.86+0.18%JSE Gold1298.65+25.20USD97.07+0.05Euro113.64-0.02Yen88.03-0.31Oil$52.58+$1.4310-Year2.909%-0.005T-Bond143.15625-0.09375Dow24597.38+0.29%Nasdaq7070.33-0.39%S&P2650.54-0.02% The Metals: Gold held near unchanged in Asia before it dipped to $1240.30 in early New York trade and then...Read More
Dear Friend of GATA and Gold:The U.S. Commodity Futures Trading Commission has refused to reply to or even to acknowledge GATA's questions about manipulation of the gold and silver futures markets that are purportedly regulated by the commission.By letters in July and September, GATA asked the commission to explain the explosion in the use of the "exchange for physicals" mechanism of settling go...Read More
By Dave KranzlerThe following is an excerpt from my December 6th issue of the Mining Stock Journal:Trumps Dilemma - The dollar index has been rising since Trump began his war on trade. But right now it's at the same 97 index level as when Trump was elected. Recall that Trump's administration pushed down starting in 2017 to stimulate exports and attempt to cut the trade deficit. The dollar fe...Read More
CRANBROOK, BC / ACCESSWIRE / December 13, 2018 / Eagle Plains Resources Ltd. (TSX-V: "EPL") has completed a tri-party agreement with Tarku Resources Ltd. (TSX-V:TKU) and Denison Mines Corp. (TSX: DML; NYSE American: DNN) whereby Denison Mines has purchased the 1,334 hectare Virgin River property which is contiguous with Denison's South Dufferin Project located immediately south of the Athabasca...Read More
By Avi GilburtIn the past, I have outlined why fundamentals look best at market highs, and worst at market lows. And, just like we normally experience, as we were soaring over 2900, I am sure many of you were convinced that this was one of the best economies we have seen in quite some time. But, we seem to have topped on those great expectations.As the market continued to chop around near the l...Read More
Although stocks have taken an unpleasant hit since early October, the market is not exactly falling apart. Let your eyes take in the big picture shown in today's chart (inset). It wouldn't be stretching things visually to say the blue chip average has spent most of the year in a consolidation, presumably biding its time until economic news turns more favorable. In the meantime, one could reasona...Read More