Mr. Jean Martineau reportsDYNACOR DECLARES SECOND QUARTERLY DIVIDEND PAYMENTDynacor Gold Mines Inc. will pay a quarterly dividend payment of one cent per common share on Jan. 3, 2019, to shareholders of record as of the close of business on Dec. 19, 2018. The payment represents the second quarterly dividend payment made to shareholders following the corporation's first ever dividend payment in Oct...Read More
The opportunity cost of holding gold is short-term real interest rates.If real rates continue to rise, gold will continue to struggle.Inflation expectations have been falling faster than nominal rates, keeping real rates high.When real rates move lower, gold will breakout to the upside.Why You Should Wait To Buy Gold: The Opportunity Cost Of Holding The Metal Is Still Rising (For Now) Roughly seve...Read More
Powell spoke yesterday. The gold market considered his remarks as dovish. And the market is always right, isn’t it? Just Below Neutral On Wednesday, Powell delivered a speech “The Federal Reserve’s Framework for Monitoring Financial Stability” at The Economic Club of New York. The majority of analysts judged the speech asdovish. Why? The key reason was Powell’s view t...Read More
DB has shed roughly half its value in 2018The shares of Deutsche Bank AG (NYSE:DB) are down 3.3% to trade at $9.56 this morning after it was reported German authorities raided the company's offices early this morning, in connection to a money laundering investigation. Two staff members were allegedlysetting up offshore firms as part of what's been dubbed the "Panama Papers." On the charts, Deuts...Read More
Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. L53-DD1 OIL DISCOVERY- 779 BOPDPan Orient Energy Corp.'s L53-DD1 exploration well is on a 90-day production test and currently producing at a steady state of between 778 and 784 barrels per day of 23.6 degree API oil with a BS&W (basic sediment and water) of 0.4 per centfrom the DD sand through 5.2 metres of perforations between the depths of 1,...Read More
The shares are running into familiar resistance, thoughThe shares of Tonix Pharmaceuticals (NASDAQ:TNXP) have shot up 76.57% to trade at $6.71, on news the Food and Drug Administration (FDA) approved the drugmaker's late-stage study for its post traumatic stress disorder (PTSD) treatment. The trial will launch in the first-quarter of next year, with preliminary data expected in the first half of 2...Read More
BRITISH COLUMBIA - Dunnedin Ventures of Vancouver is spreading its wings. Earlier this week, the company updated readers on its exploration program at the Kahuna kimberlite. Now the company announced that it has acquired a 100% interest in a copper-gold porphyry property near Princeton.Dunnedin acquired the new property from private vendor who will receive $100,00 and 1.8 million Dunnedin shares...Read More
The Dow components are enjoying bullish analyst notes this morningBoeing Co (NYSE:BA) yesterday gained nearly 5% amid the broad-market tailwinds, closing atop its 10-day moving average for the first time in over two weeks, while technical traders may have also noticed a quick rebound back above the longer-term 320-day moving average, as well. Prior to Nov. 19, the shares had not closed below this...Read More
Yesterday was the Dow's best session since MarchDow Jones Industrial Average (DJIA) futures are signaling a pullback, after the index enjoyed its best session since March yesterday. The optimism generated from Fed Chair Jerome Powell's dovish comments on interest rates has seemingly worn off, replaced by tension ahead of this weekend's G-20 summit, where U.S. and Chinese leaders are expected to...Read More
The SPDR Gold Shares GLD, -0.17% and rival gold-backed exchange traded funds traded modestly higher Wednesday after Federal Reserve Jerome Powell said interest rates are close to "neutral." Three interest rate hikes this year and the subsequently stronger dollar are among the most widely cited reasons for explaining gold's struggles this year. GLD, the largest gold ETF by assets, entered Wednesday...Read More
Mr. Jason Paltrowitz of the OTC reportsOTC MARKETS GROUP WELCOMES MINAURUM GOLD TO OTCQXMinaurum Gold Inc. has qualified to trade on the OTCQX Best Market.Minaurum Gold upgraded to OTCQX from the Pink market. Minaurum Gold begins trading today on OTCQX under the symbol MMRGF.U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website...Read More
Mr. W. John DeCooman Jr. of SSR Mining reports SSR MINING ANNOUNCES INVESTMENT IN SILVERCREST METALS INC.SSR Mining Inc. has entered into an agreement with Silvercrest Metals Inc. to purchase, by way of private placement, 8,220,645 common shares of Silvercrest at a price of $3.73 per common share for total consideration of $30,663,006. Paul Benson, president and chief executive officer of SSR Mini...Read More
Uranium Energy Corp Announces the Retirement of Ivan ObolenskyCanada NewsWireCORPUS CHRISTI, TX, Nov. 29, 2018Read More
Mr. Chris Taylor reportsGREAT BEAR REPORTS CONTINUITY OF GOLD FROM SURFACE TO 365 M DEPTH IN DIXIE LIMB ZONE, DIXIE PROJECT, RED LAKE DISTRICTGreat Bear Resources Ltd. has released results from drilling of the Dixie Limb zone (DLZ) completed during the company's summer 2018 drill program and designed to test continuity of gold mineralization to depth.The DLZ is a multikilometre gold-mineralized co...Read More
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
(Updates prices, adds details) * Stronger equities limiting gold's gain - analysts * Fed to release minutes from its Nov. 7-8 policy meeting * Platinum off seven-week lows hit on WednesdayBy Swati VermaBENGALURU, Nov 29 (Reuters) - Gold rose on Thursday afterFederal Reserve Chair Jerome Powell's comments boostedperceptions the central bank would go slow on interest ratehikes next year, while palla...Read More
(Updates with closing prices)By Eric OnstadLONDON, Nov 29 (Reuters) - Copper and other metals extendedgains on Thursday as investors bought riskier assets onspeculation U.S. interest rates may be near a peak, but tradewas thin ahead of Chinese economic data and the G20 summit.Most metals closed higher on Wednesday after the chairman ofthe U.S. Federal Reserve suggested the central bank could benea...Read More
A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfect stock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands...Read More
UK-based Altus Strategies (AIM: ALS, TSX-V: ALTS) announced the discovery of what the company calls "the Simret silver prospect" at its 100%-owned Daro project, located in the Tigray Regional State of northern Ethiopia.In a media statement, the project generator said that Simret showed silver grades that include 944 g/t Ag and 540 g/t Ag, which were taken from rock chip sampling of quartz veins. L...Read More
Published 19 Hours AgoUpdated3 Hours AgoReuters Chris Ratcliffe | Bloomberg | Getty ImagesCanadian maple leafs sit on the faces of one ounce gold coins in this arranged photograph at Gold Investments Ltd. bullion dealers in London, U.K., on Tuesday, July 15, 2014. Gold held steady but pared some gains made early on Thursday as the dollar recovered and minutes from the U.S. Federal Res...Read More