In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, 'Why Startups Are Leaving Silicon Valley.' The author outlined reasons why the Valley has "peaked." Venture capital investors are deploying capital outside the Bay Area more than e...Read full newsRead More
John Paulson is taking on the gold industry. The billionaire hedgie - known for his well-timed bets against subprime mortgages ahead of the financial crisis - has teamed up with 15 other investors ...Read full newsRead More
Canadian miner New Gold Inc. (NGD) announced on Sept. 19 it is selling its Mesquite Mine to Equinox Gold Corp. (EQX.V).New Gold said the proceeds of the sale will be used to bolster the balance sheet in order to tackle unexpected financial needs and seize investment opportunities.Warning! GuruFocusRead full newsRead More
The U.S. Treasury said on Friday it had extended until Nov. 12 a deadline for investors to divest holdings of debt, equity and other assets in sanctioned Russian companies EN+ and Rusal. A deadline of Oct. 23 remained in force for divesting holdings of Gaz Group, the Treasury said.The U.S. Treasury in April imposed sanctions against billionaire Oleg Deripaska and eight companies in which he is a l...Read More
One of the things Canada is best known for in terms of its stocks is undervaluation in lucrative sectors. It's well known that an investor can pick up some real bargains, be they financials, utilities, miners, or infrastructure stocks.While this is due to a number of factors, not least of which is investors jumping on the bandwagon, the fact is that some great quality stocks can be had for a fract...Read More
Shares in Teck Resources (TSX:TECK.B)(NYSE:TECK) gained 8.51% as of noon on Friday in the week of trading and have gained more than 18% from their 2018 low, marked less than two weeks ago.While TECK stock has lost on more occasions than it's gained thus far in 2018, here's why you might want to pay careful attention to the British Columbia miner today.For one, there's the fact that fears appear t...Read More
On June 1, 2018, the Trump administration followed through on its threat to impose steel and aluminum tariffs on Canadian imports. Canadian steel and aluminum industry leaders were quick to calm anxieties with the assurance that companies could continue to thrive, at least in the short term. Steel and aluminum makers in Canada and Mexico have reportedly called on the United States to call off tari...Read More
ALL THOSE GOLD CONTRACTS SOLD OBVIOUSLY "MARKET NOT HELD" (JUST DUMPED) WITHIN MINUTES AND SOME MORONS WILL STILL CLAIM THAT THERE IS NO MANIPULATION..... FOUR YEARS AGO THERE WAS A MEETING OF MAJOR BANKERS IN A LARGE EAST COAST CITY AND IT WAS DETERMINED BY THE BANKSTERS THAT GOLD BULLION'S PRICE HAD TO BE KEPT BELOW $1300 OR IT COULD HAVE DISASTROUS EFFECT ON THE INDUSTRIAL STOCK MARKET (DO...Read More
Stocks were up sharply through the week as the indexes hit new all-time highs.Meanwhile, the U.S. dollar suffered steep selling. Notice, the dollar has been sliding for the entire month of September even though the Fed is about to raise interest rates again.By driving down the U.S. dollar, the financial powers can drive oil prices higher in order to push the broad market to new highs, as crude oil...Read More
Land planted with coca was up 17% in Colombia last year, surpassing Clinton-era levels and disrupting the peace throughout the country.Read full newsRead More
CloseGain/LossOn WeekGold $1199.00-$8.30+0.41%Silver$14.30-$0.01+1.71%XAU66.03-1.15%+4.21%HUI142.87-0.97%+3.92%GDM522.58-0.72%+4.45%JSE Gold1036.35-11.97+2.99%USD94.21+0.32-0.80%Euro117.55-0.27+1.10%Yen88.86-0.18-0.49%Oil$70.78+$0.46+2.59%10-Year3.063%-0.005+2.34%Bond140.4375+0.1875-1.47%Dow26743.50+0.32%+2.25%Nasdaq7986.96-0.51%-0.29%S&P2929.67-0.04%+0.85% The Metals: Gold gained $3.70 to...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort197,797208,64156,478171,293169,602425,568434,721Change from Prior Reporting Period -5702,6842,4532,1014233,9845,560Traders168104785551259198 Small Speculators (C) GoldSeek.com LongShortOpen Interest 43,86834,715469,436 -3,998-5,574-14 non reportable positionsChange from the...Read More
By Avi GilburtIn this article, I am going to do something a little different from my usual articles and start with my perspective on market direction, and then move into the issues I see in the market today.I have long believed that we can see the 3000+ region before we get that 30% correction I have been looking for in the 2019-2020 time frame. And, as usually occurs, that market top will be ac...Read More
"Northern Sphere Mining Corp. Announces Closing of Private Placement and Debt Conversion @Northern_Sphere https://t.co/pevNmN0k8w"Read full newsRead More
"Next Green Wave is well funded and ready to dominate California's Cannabis Market -- @NextGreenWave #MedicalMarijuana #Cannabinoid #NextGreenWave #Cannabis #California #MedicinalMarijuana #MedicalMarijuana --Watch the Video here: https://t.co/Ia1i9nw9Tn"Read full newsRead More
An exodus from financial shares slammed India's stock market, with benchmark S&P BSE Sensex plunged from a 1% gain to a drop of as much as 3% - its wildest intraday move in more than four years.Read full newsRead More
"CROP'S California Harvest Continues With More Positive Test Results -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #CSE #BNN #MarijuanaStocks -- Read the News Release here: https://t.co/jS2G5g4Pyc"Read full newsRead More
Pumpkin Hollow goes into production next year, but the underground mine is only the first phase of a planned Nevada copper operation four times the size Sun shines on Pumpkin Hollow underground project set for production in a year.For Yerington it's been 40 years in the making.The waste dumps left behind by Anaconda after shutting copper operations in 1978 still loom large over the small town in N...Read More
Pumpkin Hollow goes into production next year, but the underground mine is only the first phase of a planned Nevada copper operation four times the size Sun shines on Pumpkin Hollow underground project set for production in a year.For Yerington it's been 40 years in the making.The waste dumps left behind by Anaconda after shutting copper operations in 1978 still loom large over the small town in N...Read More
Equinox Gold will move into the world of gold production with the US$158-million purchase of the Mesquite open-pit gold mine in California.Read full newsRead More