Nov 19, 2018 Guest(s): Matthew Turner President, CEO & Director, Rockhaven Resources The Yukon has had a history of being the last jurisdiction to be explored in a cycle and the first to get cut, but recent developments have changed that, said Matthew Turner, president and CEO of Rockhaven Resources. "In these cycles, it was the last jurisdiction that would get the exploration dollars and the fi...Read More
Nov 19, 2018 Guest(s): Ugo Landry-Tolszczuk President, COO, CFO, SRG Graphite Inc. Graphite is less talked about but is just as important as lithium and cobalt as a component to the electric vehicles, this according to Ugo Landry-Tolszczuk, president of SRG Graphite Inc. "Graphite, a little bit, has been the forgotten metal. I think what we've seen in the lithium space, the cobalt space, I think...Read More
"When the financial elites are dealing with hopeless situations, they will make decisions that they know are absolutely foolhardy, have no merit and no prospects for success long term."Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-...Read More
Just days after taking back the House, a Democratic Congressmen has proposed outlawing "military-style semi-automatic assault weapons" and forcing existing owners Continue...Read More
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 dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More
Investors with beaten-down gold/silver mining shares in their portfolio have three choices: Dump those losers for Continue...Read More
Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk ‘on’ to risk ‘off’, cyclical to counter-cyclical.Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hinds...Read More
The major gold miners’stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarterearnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, andproduction-growth struggles persisted. But these elite companies did hold the line on costs, portending soaringearnings as gold recovers.&...Read More
Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 1990s and the housing bubble of the 2000s, we are in the middle of a price bubble in virtually all asset classes simultaneously caused by the Fed’s unusually easy monetary policy with ultra low interest rates. Although we agree that the US central bank maintained federal funds rate too low...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort168,416177,663122,818201,354203,177492,588503,658Change from Prior Reporting Period -72527,54819,56027,457-8,85646,29238,252Traders16895886253273202 Small Speculators (C) GoldSeek.com LongShortOpen Interest 46,93235,862539,520 -1,6836,35744,609 non reportable positionsChange f...Read More
Key Gold and Precious Metals News, Commentary and Charts This WeekGold and silver have eked out slight gains this week as stock markets came under pressure due to concerns about tech and oil sector valuations, Italian banks and political and financial turmoil due to Brexit.Gold is 0.65% higher for the week in dollars and has seen greater gains in euro (+0.8%) and the pound (+2.17%). The latter h...Read More
Gold defended a key trendline support this week. The bearish-to-bullish trend change, however, is still not confirmed. The safe-haven metal fell below $1,200 in the first half of the week, as expected. The drop below the psychological support was short-lived, possibly due to the pullback in the dollar index from 97.69 to levels below 97.00. Notably, the yellow metal defended the support of the tre...Read More
This free e-book offers options basics for any trader.It's essential for every trader to occasionally take a step back, and consider their long-term trading goals.Some traders aretrying to fund a child's college education, augment their own retirement, or leave the daily 9-to-5 grind once and for all, while others are seeking a way to smooth out crazy market volatility and whipsaw swings in their...Read More
Oil finished flat but logged another weekly lossThe Dow traded in a range of over 360 points today, eventually closing higher, as trade comments from President Donald Trump tipped the scales in the bulls' favor. Trump said he is optimistic that the U.S. and China will eventually broker a trade deal, with the two expected to meet at the G-20 Summit later this month. However, while the Dow and S&P e...Read More
(Reuters) - Federal Reserve policymakers on Friday signaled further interest rate increases ahead, but raised relatively muted concerns over a potential global slowdown that has markets betting heavily that the Fed’s rate hike cycle will soon peter out.The widening chasm between market expectations and the rate path the Fed laid out just two months ago underscores the biggest question in fro...Read More
SAN FRANCISCO (Reuters) - Home-renting company Airbnb Inc said on Friday it had “substantially more” than $1 billion in revenue for the third quarter, marking its strongest quarter yet ahead of a widely anticipated initial public offering next year.The quarter was the first time it “substantially” exceeded $1 billion in revenue, Airbnb said in a statement, citing growth in...Read More
Benjamin Franklin once said, "An ounce of prevention is worth a pound of cure." Those words could not be anymore true than they are today. Claim a free guide now.Since the year 2000, 555 banks have FAILED and closed their door forever. That averages out to 30 banks a year closing their doors. They were small enough to not qualify for a government bail-out, but now no bank will fail.Instead, many f...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday he would nominate the acting head of the Environmental Protection Agency, Andrew Wheeler, to take on the position permanently.Wheeler, a long-time Washington insider known to shun the spotlight, took the reins at the EPA in July after former Administrator Scott Pruitt resigned. Pruitt faced a slew of ethics controversies that includ...Read More
In a letter to shareholders, McEwen Mining (TSX: MUX; NYSE: MUX) updated its progress at the Gold Bar project in central Nevada and confirmed commercial production is expected to begin in the first quarter of next year.The company completed the heap leach pad and installed crushing, conveying and agglomeration systems this month. For the rest of the year, its focus will be on finishing the proce...Read More
Plus, an FDA nod has SGEN shares higherIt's been another volatile session for stocks today, with the Dow swinging higher in afternoon trading. Among individual names making notable moves today are Google parent Alphabet Inc (NASDAQ:GOOGL), healthcare issue Acadia Healthcare Company Inc (NASDAQ:ACHC), and drugmaker Seattle Genetics, Inc. (NASDAQ:SGEN). Here's a quick roundup of what's moving the sh...Read More