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
By Dave KranzlerThe market is already fading quickly from the turbo-boost it was given by the announcement that China and Trump reached a "truce" on Trump's Trade War - whatever "truce" means. Last week the stock market opened red or deeply red on several days, only to be saved by a combination of the repetitious good cop/bad cop routine between Trump and Kudlow with regard to the potential...Read More
Featured GuestsPeter Schiff & Bob HoyeShow HighlightsPeter 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 unde...Read More
TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6A OTCQB Venture Market (OTCQB): GARWFVANCOUVER , Dec. 3, 2018 /CNW/ - Golden Arrow Resources Corporation (TSX-V: GRG, FSE: GAC, OTCQB: GARWF), "Golden Arrow" or the "Company" is pleased to announce that the Company's joint venture partner in Puna Operations Inc., ("Puna") has declared commercial production at the Chinchillas si...Read More
By Frank HolmesStrengthsThe best performing metal this week was palladium, up 5.38 percent as hedge funds boosted their net long positon to a nine-month high. Gold traders and analysts are bullish for the third week in a row, according to the weekly Bloomberg survey. Mark O'Byrne, research director at GoldCore, said "the set up for gold is getting better and better and it looks set for a strong...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12December 3, 2018"Buy when you are scared to death; sell when you are tickled to death." market maxim (Cabot Market Letter, April 12, 2001) "There's nothing wrong with cash. It gives you time to think." Robert Prechter, Jr. (Elliott Wave theorist...Read More
By: Larry LaBorde To every thing there is a season, and a time to every purpose under the heaven. Ecclesiastes 3:1 Last month Bill Bonner wrote an interesting article about trading the Dow/gold ratio. He recommended selling the Dow and buying gold when the ratio was above 15 (the Dow is too high compared to gold) and selling gold and buying the Dow when the ration was below 5 (the Dow...Read More
By John MauldinThis Is NutsFrom Pyramid to RectangleRedefining RetirementDemographic Problems and OpportunitiesPuerto Rico, Cleveland, and Boca RatonIn an increasingly divided world, we all share one great desire: self-preservation. Not just humans, either. The survival instinct exists in almost every living thing. Humans simply have greater ability to do something about it.In fact, we have been...Read More
The VIX is heading toward its lowest close in almost four weeksThe stock market is starting December off strong, with the Dow Jones Industrial Average (DJI) up 441 points at its intraday peak. The Dow has since pared these gains, but is still enjoying a triple-digit lead thanks to a trade truce between the U.S. and China. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are boasting large gains...Read More
By Greg Hunter's USAWatchdog.comThe International Monetary Fund (IMF) previously deemed Deutsche Bank as the most systemically dangerous bank in the world.Professor of Economics and Law, William Black, knows why and contends:"Deutsche Bank (DB) poses as what is called a 'National Champion' bank and the largest bank by far in Germany, but it's actually the largest criminal enterprise in Ge...Read More
COLORADO SPRINGS, Colo., Dec. 03, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the continued expansion of the Arista Mine's Switchback vein system with intercepts including 16.95 meters of 6.21 grams per tonne (g/t) gold, 80 g/t silver and 4.50% zinc. These new results extend the strike length by approximately 100 m...Read More
RBC said the cease-fire 'lifts one major near-term overhang' for one stockThe temporary trade truce between the U.S. and China has lifted several stocks today, and garnered bullish analyst attention for the likes of Caterpillar (CAT), Roku (ROKU), and more. In fact, construction issue Masco Corp (NYSE:MAS) and semiconductor concern Micron Technology, Inc. (NASDAQ:MU) have received upbeat attentio...Read More
Brazil's primary aluminium production continued to slow in October, according to local aluminium association Abal. The country's primary aluminium output was 50,500 tonnes during the month, 26.30% lower than the 68,500 tonnes in the same period last year. October's figures were the third-lowest monthly output in 2018 despite recording some growth compared with September, when production was 49,100...Read More
How you can transform lagging indicators into leading indicators. From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of the trading world's constant need to stay ahead of the curve since the first exchange opened its door over 200 years ago.After all, every trader is always looking for an edge... Some way to predict what will happen next... And hopefully...Read More
The brokerage firm thinks the Dow stock can soar 20%The shares of Caterpillar Inc. (NYSE:CAT) have shot up 4.6% to trade at $141.95, after BofA-Merrill Lynch upgraded the construction stock to "buy" from "neutral," and raised its price target to $163 from $140 -- a 20% premium to last Friday's close at $135.67. The analyst in coverage pointed to Fed Chair Jerome Powell's relatively dovish tone on...Read More
With the recent drops in oil prices and disparity between WTI and WCS, I wanted to interview an expert on the potential reasons why. It was my pleasure to have interviewed Tim Pickering, founder and CIO of Auspice Capital Advisors Ltd. The interview is interesting and I certainly learned a lot! Kal: Can you explain why there is such a spread between WTI and WCS?Tim: The spread exists primarily du...Read More
The Chinese ferro-silicon market has added to recent price increases amid persistent demand from steel mills in the week ended Friday November 30, while in Europe prices are under pressure after reports of new deals, with long-term delivery negotiations in focus. China builds on price gains while steel mills buy for 2019 smelting schedules European market drops, awaits first-quarter settlements US...Read More
D.A. Davidson upgraded the shares to "buy"The shares of Roku Inc (NASDAQ:ROKU) are up 5.9% in electronic trading, after D.A. Davidson upgraded the streaming name to "buy" from "neutral." The analyst in coverage cited the recent U.S.-China trade truce, noting that it "alleviates (but does not eliminate) a significant near-term risk," considering Roku manufactures in China. In addition, the broke...Read More
VANCOUVER, BRITISH COLUMBIA / December 3, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce a discovery at the Fran Gold Property ("Fran" or the "Property") in British Columbia, 30 kilometers southwest of the Mount Milligan Gold-Copper mine. Drill hole FR18-95 has returned a broad intercept from 227.0 to 241.0 meters of gold minera...Read More
POTUS suggested Beijing is prepared to lower its auto import taxIt's set to be a big day on Wall Street, as traders cheer an apparent breakthrough in trade relations between Washington and Beijing. Following a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G-20 summit over the weekend, reports indicate the leaders have agreed to a 90-day "cea...Read More
The stock market "secret" no one is talking about.The world's richest investors have been using this simple "trick" to build massive fortunes for decades.They've done everything in their power to hide the truth from individual investors. In the process they've created a totally uneven playing field... where most of the players don't even know the rules of the game.This lack of fairness is one of...Read More