The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars. When Trump threatens new tariffs and China threatens Continue...Read More
"We just got hit with such an abysmal piece of economic news that the market realizes without direct - and nearly immediate intervention - the Federal Reserve, this house of cards built on top of a pool of gasoline, is about to go up."Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active...Read More
David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More
QUESTION: Hello, with all the talk of sanctions in the news against North Korea and Iran, have sanctions against a country ever worked? Aren't they a pretext that leadsContinue...Read More
Global semiconductor sales dropped 14.6% in April from April last year, to $32.1 billion, on a three-month moving average basis, the World Semiconductor Trade Statistics Continue...Read More
US employment is at a high, the labour market is tightening, there is minimal real inflation and the stock market is off to the races because the Fed says its ready to ease if trade tensions impact the stock market economy.Continue...Read More
The Bank of England blocked Venezuela in January from retrieving $1.2 billion worth of gold stored in its vaults. Continue...Read More
In this interview, analyst and newsletter writer David Morgan shares his outlook for the precious metals market and what he looks for to confirm a breakout. David also discusses his approach to investing in the miners, where he thinks speculators can profit from the US-China trade war and the battery metals he is most bullish on.0:05 Introduction1:28 Is the precious metals rally sustainable?3:55 W...Read More
Vancouver-based Pretium Resources reports that its 2019 deep underground drill program confirmed there is mineralization similar to the Brucejack mine at depth and to the east of the mine workings. The mine is located about 65 km north of Stewart, British Columbia.Two holes totaling 3,500 metres were drilled - one to the northeast and the other to the southwest - in an area that had not been drill...Read More
Toronto-based Seabridge Gold has signed a definitive agreement to acquire 100% of the Goldstorm project from Mountain View Gold Corp. The sale price will be paid with 25,000 common shares of Seabridge.The Goldstorm project is located about 3 km east of Seabridge's 100% owned Snowstorm property. It lies at the intersection of the Northern Nevada Rift, Carlin Trend and Getchell Trend. Little explora...Read More
Gold was riding high Monday on bad news regarding the US economy, causing stocks to fall and Wall Street traders to pile into bullion.US markets were choppy on the first trading day after June 1, when the United States increased the tariff on $200 billion of Chinese imports from 10% to 25%. Shares of the so-called 'FAANG' stocks slumped, pulling the S&P 500 and the Dow with them, after media repor...Read More
New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years.That will come as a relief for oil giants such as France's Total SA and ExxonMobil Corp which have done deals and were wondering if Marape would put them up for review.Marape,...Read More
Sibanye-Stillwater said on Wednesday about 3,450 jobs would be lost in the proposed restructuring of the South African company's gold mining operations, following financial losses at some of its mines since 2017.The number of job losses is lower than a February forecast that put layoffs at about 5,870 employees and 800 contractors.The precious metal miner said it had concluded talks with stakehold...Read More
The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources (TSXV: GSH) for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands of Ontario, Canada.Ogoki and Kagiami sit 200 kilometres southwest of DeBeers' Victor diamond mine, approximately 150 kilometres sou...Read More
The Vice President of Ecuador, Otto Sonnenholzner, and the Minister of Energy and Non-renewable Natural Resources, Carlos P?(C)rez, presented the country's new Public Mining Policy, with the focus on supporting large-scale operations and investments, and eradicating illegal mining.The announcement was made during a visit to the southern Zamora Chinchipe province, where Lundin Gold's (TSX:LUG) flag...Read More
This resulted from the company wanting greater exploration impact and looking outside of its defined resource. Auryn Resources Inc. (AUG:TSX; AUG:NYSE) delineated two more targets at its Homestake Ridge project, it announced in a news release. The discovery of these additional targets on its property in British Columbia's Golden Triangle resulted from the company's thorough review of historical d...Read More
The company will tackle the most advanced, highly prospective targets first. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release this season's exploration plans for its Stillwater West platinum group elements-nickel-copper project in Montana.The company intends to drill three advanced, priority targets identified through three-dimensional project modeling: Chrome...Read More
The goal is to gather additional geophysical data on this high-grade epithermal asset. American Pacific's Tuscarora Project DrillingAmerican Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release that a crew is at its Tuscarora project in Nevada this week to conduct a comprehensive gravity survey to supplement the gravity data collected there last year.Magee Geophysical Services,...Read More
Domestic prices for hollow steel sections in Europe were unchanged this week, but feedstock costs have begun to recover from recent losses, sources told Fastmarkets on Wednesday June 5.Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week at ?,?600-630 ($675-709) per tonne delivered on Wednesday.Some market p...Read More
This was the Dow's second straight triple-digit gainThe Dow nabbed its third straightwin today -- and second-straight triple-digit gain -- after weak jobs dataunderscored expectations for a Fed interest rate cut. Wall Street also breathed a collective sigh of relief after White House advisor Peter Navarro downplayed the possibility of President Donald Trump's proposed tariffs on Mexican imports g...Read More