Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More
"I find it hard to believe it was intentional...I think they made a mistake, and I'm not just talking the country made a mistake. I think that someone under the command of that country Continue...Read More
WTI and Brent prices spiked overnight on the headlines about a US drone being shot down by Iran, and just legged higher once again following Trump's tweet Continue...Read More
General Salami said: "We warn enemies of any aggression at this stage and assure them that we can reach them wherever they are."Continue...Read More
After five long years, the gold price has finally broken through a key resistance level and is now Continue...Read More
When you look at the silver price, relative to US currency (the amount of actual US dollars) Continue...Read More
Domestic stainless steel prices in China continued to trend upward over the past week, tracking the strength exhibited by nickel prices in the futures market. The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,350 yuan ($2,027-2,078) per tonne including value-added tax for the week ended Wednesday June 19, up by 50-10...Read More
IMPERIAL MININGGROUP, symbol IPG on TSXV at .07 cents a share is a newly created (2018)Qu?(C)bec?EUR?based exploration and developer of base metal, gold and technology metalsdeposits. Imperial (IPG) was originally a private corporation and acquiredassets of two Canadian exploration companies "Peak Mining" and "NQExploration." The market for the sma...Read More
The new company will hold royalties on projects in North and South America. Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK) announced in a news release it entered into a definitive agreement to be acquired by Sailfish Royalty, thereby creating a new, growth-focused royalty entity.Sailfish is a precious metals royalty and streaming company with assets in Brazil and Nicaragua. Terraco's portfolio is Ne...Read More
As the gold mining majors increasingly focus on Nevada deposits, they have taken notice of a small-cap explorer with prime properties. For billions of years, exploding neutron stars have been mass-producing cascades of the proton-heavy atom that we humans called gold or, chemically, AU. Stardust-blasted meteoroids regularly transport "the sweat of the sun" across light years. Speeding space rock...Read More
With this work, the company begins fulfilling the earn-in requirements for gold rights. Ethos Gold Corp. (ECC:TSX.V; ETHOF:OTCQX) began initial drilling at the Iron Point property in Nevada, it announced in a news release. This comes only one month after the firm signed an earn-in agreement with the owner, Victory Metals. Drilling, supervised by Dr. Quinton Hennigh, will primarily target the Carl...Read More
Sector expert Michael Ballanger reacts to today's Federal Open Market Committee meeting. To the surprise of the many and the chagrin of the few, the Fed opted to do nothing with policy today and left rates unchanged despite clarion calls for a cut. As I wrote about earlier, there was (and is) zero rationale for a rate cut, what with GDP humming along and the best employment numbers in fifty year...Read More
Import prices for stainless steel in East Asia were largely stable this past week despite poor demand in downstream markets amid uncertainty caused by trade tensions between China and the United States.Despite weak demand, suppliers are unlikely to reduce their asking prices in the near term, but that could change if the price of nickel continues its downtrend, a trader in East China said.The thre...Read More
U.S.-Iran tensions escalated after a drone was shot downThe Dow locked up a 249-point gain today, as well as its fourth straight win and highest close since Oct. 3's record highs. Wall Street continued to cheer yesterday's dovish Fed comments, helping the S&P 500 nab a new intraday record high, and ushering gold futures to a big win. Oil prices also had a monumental day, surging on accusations tha...Read More
Calls have become a hot commodity on this gold ETFVanEck Vectors Gold Miners ETF (GDX) options are on fire today, with the exchange-traded fund's (ETF) calls flying off the shelves. The ETF was last seen up 3.7% at $24.90, and fresh off an annual high of $25.17, rallying alongside gold prices after the Fed's dovish comments yesterday, which has traders pricing in a July rate cut. GDX is now up 18%...Read More
Options bears are circling CHWY stock todayIt's been a red-hot year for initial public offerings (IPOs). While big names Beyond Meat (BYND) and Uber Technologies (UBER) have stolen most of the limelight, online pet supplies retailer Chewy Inc (NYSE:CHWY) made its trading debut last Friday, June 14, opening at $36 -- well above its IPO price of $22.CHWY stock topped out at a record high of $41.34 o...Read More
Edesa just got FDA approval to proceed with its dermatitis study The S&P hit a new intraday high earlier today as investors digested dovish comments from the Fed. Three individual stocks making notable moves today are drugmakers Edesa Biotech Inc (NASDAQ:EDSA) and DiaMedica Therapeautics Inc (NASDAQ:DMAC), as well as mobile payments processor Net Element Inc (NASDAQ:NETE). Here's a look at what'...Read More
This is my fourth video in this series that concludes in a detailed trend forecast for the Gold Price into September 2019. Current StateTrend Analysis, MACD, Trend ChannelsSupport / ResistanceSeasonal AnalysisUS Dollar / GoldGold Price Trend Forecast ConclusionGold StocksThe rest of this analysis has first been made available to Patrons who support my work: Gold Price Trend Forecast Summer 2019So...Read More
Eastern China's Shagang has lowered the list prices for its rebar and wire rod booked and shipped in mid-June. The mill is selling its HRB400 16-25mm rebar at 4,070 yuan ($588) per tonne over the June 11-20 period, down 180 yuan per tonne from its last...Read More
-Gary TanashianIt's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other charts we've been reviewing over the last several months showing the under valuation of the gold stock sector relative to gold's performance vs. cyclical assets/markets. For example, gold has risen strongl...Read More