"@GlobalProTrader @stebottaioli Odds favor they are accumulating due to their own coming currency issues. Just my opinion."Read full newsRead More
"@Warrench4 @Jacky00249048 @irecep2 What you are referring to is called a cycle inversion (or rotation) & is the reason why this cycle is not recognized by the masses.A daily close above 1212-1216 would tilt the odds to the cycles having rotated to red cycle lows and would favor this chart rotation. But not until"Read full newsRead More
Large chunks of gold-encrusted quartz mined from Western Australia are headed to the collector market, according to Mark Selby, president of RNC Minerals.Read full newsRead More
The U.S. Federal Reserve should commit to letting economic booms run on enough t...Read full newsRead More
Building wealth is not about tricks or 'get rich quick' schemes. This infographic shows the habits of millionaires that create success over the long-term.Read full newsRead More
Platinum prices are languishing near the lowest in a decade, but the biggest miners are barely cutting production.Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount, with top supplier Anglo American Platinum Ltd. even ramping up. That's partly because a weaker rand is lowering production costs, which is good new...Read More
Large chunks of gold-encrusted quartz mined from Western Australia are headed to the collector market, according to Mark Selby, president of RNC Minerals.Read full newsRead More
Barrick Gold Corp. may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations, Executive Chairman John Thornton told the Globe and Mail newspaper.The Toronto-based company has slashed middle management by half to about 700 and "we want to get it down to 300," Thornton, who's been in his role since 2014, told the Globe in an interview in London. The former Goldman Sachs Gro...Read More
Brazilian mining company Nexa Resources plans to invest some $1.17 billion in copper and zinc projects in Peru and Brazil over the next five years, the company's general manager Ricardo Porta said on Friday.About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc, Porta said in an interview.The proposed mine closest to being developed is Aripu...Read More
The prime minister of the Democratic Republic of Congo will sign a decree in the coming days to designate cobalt and other minerals as "strategic" and therefore subject to higher royalties, Mines Minister Martin Kabwelulu said on Saturday.The change is part of a new mining code, which mining companies including Glencore and Randgold oppose as it axes tax exemptions and hikes royalties and profit t...Read More
"Why Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) ROE Of 3.3% Does Not Tell The Whole Story https://t.co/K2jKIqyDoU"Read full newsRead More
South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona ...Read full newsRead More
VANCOUVER, British Columbia, Sept.13, 2018(GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has rec...Read full newsRead More
COEUR D'ALENE, Idaho, Sept.13, 2018(GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB/CSE:NJMC) ("NJMC" or the "Company") announced today that it has ...Read full newsRead More
Large chunks of gold-encrusted quartz mined from Western Australia are headed to the collector market, according to Mark Selby, president of RNC Minerals.Read full newsRead More
COEUR D'ALENE, Idaho, Sept.13, 2018(GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB/CSE:NJMC) ("NJMC" or the "Company") announced today that it has ...Read full newsRead More
The stock market braced itself for most of this week, as Hurricane Florence made its way ashore late Thursday and early Friday as a Category 1 hurricane, already causing flooding in the Carolinas as the storm begins to weaken.The financial markets weren't too concerned with the damage Florence might cause but instead focused on oil prices, trade talks, and the direction of the U.S. dollar.Remember...Read More
The September 7th COT report is probably the most bullish I've seen since the beginning of my involvement in the precious metals sector in 2001. As most of you probably know by now, the "commercial" trader category is now net long both gold and silver for the first time going back to at least 1994. The banks ("swap dealers") net long position in both paper metals increased. Conversely the hedge fu...Read More
"@Jacky00249048 @irecep2 While there are no absolutes in markets, only odds,those odds favor more pain.With that said,it looks like 13.50 needs to hold.Otherwise, we could be faced with 12 silver before its over."Read full newsRead More
"@Jacky00249048 @irecep2 Recall I said we needed to be above 1216 to favor higher to the 24th. The reversal at 1212 spot while 36 hours past the red window, & the selloff to 1192 leaves the door open for $gold to selloff into next week & form an important low. Sept or Dec are the odds favored turn points"Read full newsRead More