Three Wise Men.Three-Act Structures.Three Wishes.Three is a number that has persisted in human culture for as long as anyone can remember. It has been associated with religion, popular culture, math and science, sports, and a number of other fields. I'm willing to bet that, right now, without much thought, you can come up with any number of trios. But can you think of any that have to do with m...Read More
"Lobo Tiggre, CEO of Louis James LLC, says that market watchers need to keep an eye on silver as the gold price continues to climb. https://t.co/LpGvU6F3rQ #Investing #Resources #Gold"Read full newsRead More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 312,21457,82645,699141,164429,131499,077532,656 Change from Prior Reporting Period 333-2,805-10,499-34,621-34,493-44,787-47,797 Traders 21061675360287168 Small Speculators LongShortOpen Interest 64,22130,642563,298 -8,774-5,764-53,561 non reportable posit...Read More
SRSrocco The gold and silver prices have held up remarkably well compared to the broader markets as they continue to sell off today. While the Dow Jones Index is down more than 250 points, gold and silver are just slightly lower. However, gold has traded in the green several times today. If we look at the 5-minute chart, we can plainly see that gold and silver have been trading in an opp...Read More
The gold miners' stocks have surged dramatically this summer, catapulted higher by gold's major bull-market breakout. That atypical strength bucking the normal summer-doldrums slump has carried this sector right back to its traditional strong season. That begins with a robust autumn rally starting in late summers. This year's autumn-rally setup is very unusual, but investment buying could...Read More
- Dave KranzlerThe price of gold has rejected numerous attempts by the banks to hammer the gold price below $1400 using paper gold derivatives on the Comex and the LBMA. I have not seen gold behave with such resiliency in the last 19 years when the Comex banks have an extremely large short position in Comex paper.The action in the price of gold is signalling that large buyers are accumulating...Read More
By: Ira EpsteinGold daily chart, had an outside day. Market is caught in the two Bollinger bands. Market is churning here and eventually will breakout of here..Read More
- Stefan GleasonFollowing months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted - or many traders anticipated.The Trump administration wants the Fed to help drive the fiat U.S. dollar lower versus foreign currencies, especially those of major exportin...Read More
- Gary TanashianContrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs with a positive economy.Making an appropriate return after a few months on hiatus, ladies and gentlemen... the Macrocosm.Gold stocks are about counter-cyclicality as gold rises vs. US stocks...Gold rises vs. Glo...Read More
Gold Options Doubled Today (August 1) in Hours... If you followed the gold recommendation I made here yesterday you could have doubled your money. Many of my subscribers did. Here's how:Read More
There was massive short covering in yesterday's gold rise. Yen crashed against the US dollar while gold rose. This is safe haven demand is nothing else. Trump said that he will impose additional ten percent tariff on the remaining $300 billion Chinese imports from September 1. There is recession fears and more global trade war fears. Gold is bound to rise more. Chinese retaliatory action will be...Read More
Pancontinental Resources Corporation (TSXV:PUC) has released its PUC monthly report, which updates its shareholders on the company's activities as well as trends in the battery and gold sectors.Read full newsRead More
"Alastaire Dick, Director - Sunshine Mines @RockyMtnInst will be speaking at the #FutureofMining EMEA conference this September,LondonAlastaire will be speaking on "Decarbonising: The Future of Renewable Energy in Powering Mines" #FOMEMEA @futureofmininghttps://t.co/OIeKsH6p8z"Read full newsRead More
As timing would have it, I was interviewed by Jim Goddard of HoweStreet.com on Tariff Thursday. In terms of the impact for markets, I made three points. First, August is probably the worst month for liquidity so dropping this bombshell on the first of the month is setting the stage for a summer rollercoaster ride. Secondly, this is good news for gold because on Wednesday Fed Chairman Powell indi...Read More
Rate Cut Expectations Boost Gold Mining Stocks' OutlookRead full newsRead More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to update investors and shareholders on the Company's subscription box service.Recent data from PipeCandy has reported on the definitive interest that has been generated within the industry following Unilever's acquisition of Dollar Shave Club for $1 billion. Following the acquisition, th...Read More
The gold miners' stocks have surged dramatically this summer, catapulted higher by gold's major bull-market breakout. That atypical strength bucking the normal summer-doldrums slump has carried this sector right back to its traditional strong season. That begins with a robust autumn rally starting in late summers. This year's autumn-rally setup is very unusual, but investment buying could still fu...Read More
Trump tweeted that US officials had just returned from "constructive" talks with China, but again blamed China for backing out of a trade deal three months ago. He said while talks would continue, from September 1, the US would impose a 10% tariff on US$300 billion of goods being imported from China."We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal,...Read More
Ferrexpo (LSE: FXPO) said its revenue increased 28% year-on-year to US$787 million in the June quarter due to higher prices and an increase in sales. The company's underlying EBITDA was up 59% yoy to $372 million, and profit after tax was up 78% to $270 million.The company's declared interim ordinary dividend was up 100% year-on-year to 6.6c.Capital investment doubled to $114 million and its net d...Read More
Adjusted net income of $143 million, or 79c/share, for the second quarter of 2019 was up 10% yoy."We are confident that our Xylem team will continue to deliver mid-single-digit growth and strong margin expansion in the second half of the year, despite seeing some slowing in Europe," said CEO and president Patrick Decker."As digitization of the water sector drives new demand, we're seeing accelerat...Read More