"It is the American position that Russia is in violation. It is Russia's position that they are not in violation. So one has to ask, 'How do you convince the RussiansContinue...Read More
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information providedContinue...Read More
Dec 03, 2018 Guest(s): Will Rhind CEO, GraniteShares Changes in monetary policy could really affect stock markets and increase volatility in equities in 2019, this according to Will Rhind, CEO of GraniteShares. "I think we can have quite a significant change if there's a rate rise in December. I think that really increase the likelihood of a stock market sell-off coming into next year. So, we've...Read More
Fund manager Adrian Day reviews some of the gold companies on his list, including a family of juniors all of which offer good targets for picking up in tax-loss selling seasons. Almaden Minerals Ltd. (AAU, NY, 0.52), like Vista from our last article, is very undervalued based on its ownership of a solid project, in Almaden's case the gold-silver Tuligtic project (which includes the Ixtaca deposi...Read More
*This interview was first published on 11/30/18Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In bet...Read More
LONDON, 30 November 2018 - Comment and analysis from BullionVault is quoted today by leading global data and news providers Bloomberg."Higher rates are seen to weigh on bullion, which doesn't bear interest," Bloomberg explains in its report on how interest-rate decisions from the US Federal Reserve could influence gold prices in 2019."Yet in the two most recent US hiking cycles," it goes on - quot...Read More
Click Here to Listen to the Interview - *the interview begins at 7:01Michael Pento explains why he believes central bankers must perpetually keep interest rates near zero - and the massive inflationary bubble economy that will likely result. Also, find out how Michael is approaching gold and gold related investments for his clients right now.Click Here to Listen to the Interview - *the interview b...Read More
- Brexit no-deal would lead to "worst crash since 1930s"- Gold rose 0.6% in dollars and 1.2% in pounds today- UK economy could contract by 8%, house prices fall 30%, sterling fall 25% warns Bank of England- Sterling collapse would push Irish economy into recession- Carney's doomsday scenario sees the crippling of UK finances, the pound crashing and inflation soaring- BOE accused of "Project Fe...Read More
Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Oil prices reversed early losses on reports of Russian output cutsThe Dow traded in a range of more than 275 points on both sides of breakeven, before ultimately settling lower. The blue-chip barometer and its index peers kicked off the session in the red,amid reports thatWhite House advisor and China hawk Peter Navarro would be in attendance during the much-anticipated trade talks between Preside...Read More
The shares are headed for their fifth straight monthly winSubscribers to our Weekend Trader service recently doubled their money with the Walgreens Boots Alliance Inc (NASDAQ:WBA) January 2019 72.50-strike call. We'll take a closer look at what initially put WBA stock on our bullish radar, and how the winning options trade unfolded.When we entered the position on Monday, Oct. 29, the Dow stock had...Read More
Activity at the ANF's December puts may be tied to stockThe U.S. stock market is trading on both sides of breakeven today -- last seen higher -- as Wall Street follows headlines surrounding President Donald Trump and this weekend's G-20 summit. Among individual stocks making notable moves are retailers Abercrombie & Fitch Co. (NYSE:ANF) and Build-A-Bear Workshop, Inc. (NYSE:BBW), as well as addict...Read More
Superior Gold (TSXV: SGI; US-OTC: SUPGF) recently announced results from a phase two reverse circulation drill program at its Hermes South gold project in Western Australia. The company is trying to expand the existing resource at Hermes South and determine if it could become another open pit mine.Highlights from the program include 3 grams gold over 16 metres from 137 metres downhole, 4.4 grams...Read More
The railroad stock is pulling back to a pair of key trendlinesAfter touching an all-time high of $186.91 in mid-September, the shares of transportation concernNorfolk Southern Corp. (NYSE:NSC) pulled back with the broader equities market. The stock subsequently touched a short-term bottom on Oct. 23, and has bounced nicely from there. What's more, NSC is flashing a pair of historical buy signals o...Read More
Vancouver-based Goldcorp has poured the first gold at its Penasquito's Pyrite Leach project (PLP) in Zacatecas. Commissioning of the plant began in Q3 2018, and it is now treating existing tailings around the clock."PLP was a major investment decision for Goldcorp and one of the first that went through our Goldcorp investment framework." said David Garofalo, president and CEO of Goldcorp. "We ar...Read More
Vancouver-based SilverCrest Metals (TSXV: SIL) today announced that SSR Mining 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 $30.6 million in a non-brokered private placement financing.SSR will own 9.9% of the outstanding common shares of SilverCrest on a non-diluted basis. The private placement is expected to close on or ab...Read More
American Eagle will report third-quarter earnings next WednesdayThe shares of American Eagle Outfitters (NYSE:AEO) are down 3.2% to trade at $20.68 today. The stock initially got a halo lift from Abercrombie & Fitch (ANF) and its quarterly report, but it has ultimately pivoted lower.In response to the volatility today, and with American Eagle's own earnings report nearing, options traders are pil...Read More
Getty ImagesAmericans are gearing up to spend this holiday season. Rising incomes and a strong jobs market have lifted consumer confidence to the highest level in almost two decades. The numbers: Americans in October matched their biggest increase in spending this year just as the holiday shopping season kicked off, offering the first clue that the economy might end 2018 with a flourish. Just as...Read More
Gold prices notched a modest gain on Thursday as a leading dollar index steadied and benchmark U.S. stock indexes saw a pullback a day after the Dow Jones Industrial Average scored its best performance in eight months. Gold for February deliveryGCG9, -0.21% which is the most-active contract, added 60 cents, or 0.05%, to settle at $1,230.40 an ounce. It settled 0.8% higher on Wednesday, then climbe...Read More