Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Brazilian steelmakers are concerned that the domestic industry will struggle if President-elect Jair Bolsonaro reduces or does away with import tariffs when he takes office in January 2019, sources told Fastmarkets MB last week.Other market participants, however, do not believe any changes will be done abruptly or without corporate tax reforms. The new federal administration's future minister of e...Read More

The personal info of roughly 500 million guests was exposedThe shares of hotel chain Marriott International Inc (NASDAQ:MAR) are 6.4% lower to trade at $113.99, after the company warned that the personal data -- including possible payment information and passport details -- of about 500 million guests was exposed. Hackersapparently began tapping the Starwood guest database in 2014, though the brea...Read More

Global crude steel production volumes continued to rise year on year in October 2018, according to statistics published by the World Steel Association (Worldsteel) on Friday November 23.World crude steel output totaled 156.6 million tonnes in October this year, compared with 148 million tonnes in the corresponding month of 2017. Asia continued to be the single largest steel-producing region, with...Read More

Splunk upped its revenue forecasts, too Splunk Inc (NASDAQ: SPLK) is headed for its best month since August, with the shares up 8.9% so far in November. Today, SPLK stock is up 6.3% to trade at $108.07, after the company reported strong third-quarter earnings and revenue, and upped its full-year sales forecasts for 2019 and 2020. Splunk also shared that its current CFO has decided to retire in Ma...Read More

 CloseGain/LossOn WeekGold $1221.70-$2.20-0.09%Silver$14.17-$0.13-0.49%XAU64.46-0.52%-1.24%HUI145.04-0.93%-1.88%GDM531.74-0.56%-1.54%JSE Gold1098.81-25.26-3.68%USD97.19+0.41+0.29%Euro113.20-0.69-0.08%Yen88.21-0.09-0.62%Oil$50.93-$0.52+1.01%10-Year3.002%-0.027-1.22%Bond140.71875+0.59375+0.49%Dow25538.46+0.79%+5.16%Nasdaq7330.54+0.79%+5.64%S&P2760.16+0.82%+4.85%  The Metals: ...Read More

By Ira EpsteinThe outcome of the G-20 Meeting will determine metal prices come Sunday night.https://www.iraepstein.com/ Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort156,779154,90865,544172,358188,458394,681408,910Change from Prior Reporting Period -8,727-1,702-49,840-28,901-35,941-87,468-87,483Traders139101865152239199 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,12033,891442,801 4,3294,344-83,139 non reportable positionsC...Read More

By Marin KatusaOne of the biggest stories in the resource sector this year is how well Australian gold stocks have performed.They've absolutely crushed their peers in the western hemisphere.Below is a chart which shows the huge out performance of the Australian gold producers over their North American listed cohorts. You can see the gap in returns is very wide.While the gold market has been lous...Read More

By David Brady, CFAThe Fed was notably more dovish in its tone this week. On Wednesday, Fed Chair Powell warned of "generally elevated" asset prices. But then he followed that with: "The resulting drop in asset prices might be particularly large, given that valuations appear elevated relative to historical levels." We also got the headline: "Fed warns that a 'particularly large' plunge in market...Read More

The junior gold miners' stocks have spent recent months mostly languishing near major multi-year lows. That spawned a sentiment wasteland riddled by bearishness and bereft of bids. But these companies' battered stock prices aren't fundamentally righteous, as proven yet again by their latest earnings season. Faring far better in a challenging third quarter than stock prices imply, they need...Read More

HighlightsIn Part I. of this discussion with Bob Hoye of Institutional Advisors includes a startling sea change in attitude towards the PMs sector. After years of bearishness, Bob Hoye announced the potential for an epic GOLD RUSH on the horizon in the PMs sector, in particular, the mining shares.Lower expenses and deflation in typical shares enhance their appeal of PMs equities to the benefit o...Read More

Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) joins the show from his vacation office in tropical Crypto-Rico, where air conditioning service, not heating is the chief concern today. Key takeaway - gold is building a base that will likely culminate in new record prices, from $2,000 - $5,000 and under extreme conditions, $10,000+.Part I. of the talk in...Read More

By Jordan Roy-Byrne CMT, MFTA Recent market and economic developments are positive for Gold and precious metals but conditions are not bullish yet. Bullish conditions and bullish fundamentals would be highlighted by a shift in Fed policy. They aren't shifting yet. They are slowing, which precedes a shift. From a market standpoint, we need to see strength in Gold in real terms (against stoc...Read More

By Rory HallOnce in a while it seems everything aligns just right and the world spins in the orbit we choose. This happened recently just after the publication of Gold: Still Money for a Reason The article was published on several other websites and generated quiet a bit of noise. We always like it when that happens! The really good news is Jp Cortez, Policy Director, Sound Money Defense League...Read More

There are several contrarian indicators flashing for UAAThe shares of Under Armour Inc (NYSE:UAA) are up 4.5% to trade at $24.19 this morning, after Wells Fargo upgraded the athleisure retailer to "market perform" from "underperform." The analyst in coverage waxed optimistic on Under Armour's sales and margin targets, while noting the bearish case for UAA has "run out of steam." On the charts...Read More

Editors note: I am not sure what to make of being called "Ireland's Mr Gold" but I suppose you could be called worse. For me, my fellow founder Stephen and our excellent team, it has never been about gold itself, but rather it has been about the benefit that gold provides to our clients, their families, their companies and the wider society.This benefit is not just in terms of hedging, financial...Read More

November 29, 2018, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") announces that the Company's interim consolidated financial results for the first fiscal quarter 2019 ended September 30, 2018 have been filed on SEDAR. The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion...Read More

GME offered up dismal current-quarter and full-year profit forecastsThe shares of GameStop Corp. (NYSE:GME) have plummeted out of the gate after the video game retailer's quarterly earnings report. A round of bearish brokerage notes is only strengthening the headwinds, with GME stock down 9.1% to trade at $13.30, flirting with its worst day since Aug. 27, when it plunged 11.1%.Looking closer at ea...Read More

The gold market is looking indecisive while heading into December – a negative month, from a seasonality perspective.   The metal ended November on a flat note at $1,220, having hit a monthly high and low of $1,238 and $1,196, respectively. Essentially, it created a classic doji candle on the monthly chart, indicating indecision in the marketplace. Notably, the doji candle has appeared...Read More

Swiss multinational investment bank, UBS Group, has applied for Category II membership on the London Metal Exchange, according to a note released by the exchange on Thursday November 15. The LME currently has 32 Category II members and the Swiss bank's London subsidiary, UBS Ltd, is already a member. Last month, Chinese broker Nanhua Futures similarly took steps...Read More