Gold has sure had awild ride in the several weeks since the US elections! It first plunged then surged after Trump’sdecisive victory, which surprised legions of traders. Gold’s earlier big down days helped fuelfears another Trump administration is bearish for gold. Its poor performance after Trump’s first wineight years ago buttresses that case. But that&rs...Read More
Today we finally see it – the USDX movedlower at last. USD’s breather here is nothing surprising, and it’s not bearisheither.It’s simply normal for a market tocorrect after launching a rally as strong as what we saw in October andNovember. In yesterday’sanalysis, I wrote the following about the above chart:Yes,while I have been writing about USD Index’s likely s...Read More
That’s an interesting situation that wehave today. Gold us up, but silver and miners are down. What gives? In short, it’s almost certainly all about the temporary impact from the stock market. The S&P 500 Index is downtoday. Not significantly, but enough to make the parts of the precious metals marketmore linked to it underperform.MiningStocks: Strength in the Current SetupGDXJ is...Read More
Pre-opening Comments for Thursday February 13thU.S. equity index futures were lower this morning. S&P 500 futures were up 7 points at 8:35 AM EST.S&P 500 futures added 11 points following release of the January Producer Price Index at 8:30 AM EST. Consensus was a 0.3% gain versus a 0.2% gain in December. Actual was a 0.4% gain. Excluding food and energy, consensus was a 0.3% gain versus no...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 64 points at 8:35 AM EST.S&P 500 futures dropped 64 points following release of the January U.S. Consumer Price Index at 8:30 AM EST. Consensus was a 0.3% increase versus a 0.4% gain in December. Actual was a 0.5% increase. On a year-over-year basis, consensus was a 2.9% increase versus a 2.9% increase in December...Read More
In 2008, the U.S. government entered into a strange relationship with one of America's largest companies.It was about to go bankrupt.And... the government swooped in to save it. All at the taxpayer's expense.Fast forward to October 1, 2024…This same company?It is now America's LARGEST company based on the assets it holds on its balance sheet.It manages a $4 trillion portfolio.The company its...Read More
It's starting to look like a Golden Age for gold. How high will the price go, and will precious metal stocks see any benefit from the bonanza?It's been starting to look like a Golden Age for gold, Shad Marquitz of Excelsior Prosperity wrote on February 10."The first blast above US$2,900 in history, the highest intraday level, the highest daily close, and the highest weekly close. That's strong," M...Read More
Dakota Gold Corp.'s (DC:NYSE American) "significant resource increase" for its Richmond Hill project in the historic Homestake District of South Dakota has led BMO Capital Markets to raise its price target for the stock. Find out by how much.Dakota Gold Corp.'s (DC:NYSE American) "significant resource increase" for its Richmond Hill project in the historic Homestake District of South Dakota has le...Read More
Newsletter writer Stewart Thomson addresses the question of whether some GDXJ and SGDJ component stock profits should be booked, and he looks at some CDNX, CSE, and OTCQB stocks that could be bought with the proceeds.Here's a look at a key short-term chart for gold: Gamblers playing GDXJ and SGDJ component stocks can buy those stocks at $2885 and $2835 for gold. Investors should focus on gold $280...Read More
It's game on for the trade wars.After months of threatening tariffs on U.S. trading partners during his 2024 presidential campaign, Trump has now taken definitive action on that front. Let's review.The BeginningOn Saturday, February 1, Trump announced that the U.S. was imposing 25% tariffs on all goods imported to the U.S. from Mexico and Canada (with the exception of Canadian energy, which was ta...Read More
I'm not an oilman, but I write about resources often enough.For a paper finance major, geology was a major blind spot. I haven't taken an earth science class since junior high school or a chemistry class since my sophomore year in college. And yet, so much of the world's business depends on resources.Luckily, my current crop of students is far more conservative than most of its predecessors. I use...Read More
Gold #mining #goldprice #stockmarket #nyse #investing Discover why Barrick Gold (NYSE: GOLD) just shocked the market with a ...Read More
Gold #Mining #japan #stockmarket #investing #financialeducation In this interview with John Proust, Chairman and CEO of Japan ...Read More
In this interview with Simon Quick, CEO and Director of Canadian Copper Inc. (CSE: CCI), we explore the company's progress on ...Read More
Gold #antimony #Mining #investing #stockmarket Has China's antimony export restrictions created a new mining bubble?Read More
We caught up with Trey Wasser, CEO and Maura Kolb, President of Dryden Gold (TSXV: DRY) to discuss their latest high-grade ...Read More
We caught up with Dan Symons, President and CEO of C3 Metals Inc. (TSXV: CCCM, OTCQB: CUAUF) to discuss their newly ...Read More
Calibrating conveyor scales just got safer and smarter. The new HDS Heavy Duty S-Type Load Cell lets you calibrate while the ...Read More
Most people assume higher voltage means greater danger but did you know arc flash incidents happen more often at lower ...Read More
Wildfires are reshaping the way we build infrastructure! Utilities are moving away from wood and embracing steel, concrete, and ...Read More