The financial firm has been charged in the 1MDB scandalStocks are set to pick up right where they left off on Friday, with Dow Jones Industrial Average (DJI) futures trading well below fair value. Today's pressure is coming from Goldman Sachs (GS), with the shares down more than 2% in pre-market trading, on news Malaysia has charged the big-cap bank and two of its former employees in connection wi...Read More
Avino Silver and Gold Mines of Vancouver is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine near Gold Bridge. The company says the results confirmed the continuity of the vein up dip from the area of historic production.The highest assay was 29.56 g/t gold over 0.88 metre (all true widths). Other holes 3.24 g/t over 2.3 metres and...Read More
Avino Silver and Gold Mines of Vancouver is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine near Gold Bridge. The company says the results confirmed the continuity of the vein up dip from the area of historic production.The highest assay was 29.56 g/t gold over 0.88 metre (all true widths). Other holes 3.24 g/t over 2.3 metres and...Read More
The bears haven't even begun to smell blood"An immediate risk to bulls... is the big put open interest lingering at the SPY 260 strike, a large majority of which was bought to open... big put open interest strikes like this can sometimes act as a magnet due to 'delta hedging', which occurs when sellers of the puts are forced to sell S&P futures to hedge their positions ... Admittedly, this is a t...Read More
Africa-focused gold producer Randgold Resources (LON:RSS) will cease trading on both the London Stock Exchange and NASDAQ at the end of the year, as its planned merger with Canada's Barrick Gold Corp (TSE, NYSE:ABX) has been approved by the Royal Court of Jersey, Channel Islands.The $18.3 billion-deal creates "New Barrick," the world's top gold miner by value and output, with a dominant positi...Read More
Africa-focused gold producer Randgold Resources (LON:RSS) will cease trading on both the London Stock Exchange and NASDAQ at the end of the year, as its planned merger with Canada's Barrick Gold Corp (TSE, NYSE:ABX) has been approved by the Royal Court of Jersey, Channel Islands.The $18.3 billion-deal creates "New Barrick," the world's top gold miner by value and output, with a dominant positi...Read More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
The Bedford Consulting Group released its annual survey of executive and board compensation in the mining industry and revealed that, within the nearly 200 companies in their sample, only 13% of board members are women.Even lower, when it came to analyzing named executive officers in mining firms, only 8% were women. The most common executive role held by these women is CFO.Looking at compensation...Read More
The Bedford Consulting Group released its annual survey of executive and board compensation in the mining industry and revealed that, within the nearly 200 companies in their sample, only 13% of board members are women.Even lower, when it came to analyzing named executive officers in mining firms, only 8% were women. The most common executive role held by these women is CFO.Looking at compensation...Read More
The Bedford Consulting Group released its annual survey of executive and board compensation in the mining industry and revealed that, within the nearly 200 companies in their sample, only 13% of board members are women.Even lower, when it came to analyzing named executive officers in mining firms, only 8% were women. The most common executive role held by these women is CFO.Looking at compensation...Read More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...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
Equipment company MineWare announced that its experts have extended the capability of its Pegasys Dragline Monitor to support underwater digging."Enhanced with MineWare's new Machine Terrain Mapping (MTM) Technology module, Pegasys can now help miners locate and recover material up to 100 feet below water," the Queensland-based firm said in a press release.According to MineWare, identifying and re...Read More
Image: Petra Diamonds.This year will likely go down in history as the one when lab-grown diamonds, made for decades as an inexpensive alternative to mined stones for industrial purposes, finally cracked the consumer market, largely thanks to millennials' evolving shopping tastes.The entry of new actors in the synthetic sector, particularly giant producer De Beers and its Lightbox brand, has creat...Read More
The anti-establishment movements such as what we have seen in France and Italy are growing and will continue into the New Year says Gerald Celente from the TrendsJournal.com. In a wide ranging interview with Jim Goddard on This Week in Money, Celente also suggests weakness in the housing market is a bad omen for the entire economy.Celente explains that wealth inequality is the driving factor behi...Read More
Canadian junior miner Explorex Resources (CSE:EX) (OTC:EXPXF) said Monday that crews had been mobilized to initiate the maiden drill program at its cobalt-manganese base metals Kagoot Brook project, located in New Brunswick, Atlantic Canada.The Vancouver-based miner is taking advantage of a window of opportunity presented by a local drill company to complete two holes prior to the Christmas break...Read More
It said the company and some of its current and former directors and executives had agreed to pay more than US$22 million to settle Canadian allegations that they hid the risks of doing business with a controversial Israeli businessman closely linked to Congolese president Joseph Kabila, according to a person familiar with the matter.The newspaper said it was unclear whether Katanga and the indivi...Read More
Featured GuestsGerald Celente & Peter SchiffShow HighlightsFounder of the Trends Research Institute and Globalnomic(R) Trend Forecaster Gerald Celente returns with the economic forecast for the new year. $1,200 is the floor for gold - once the bulls push the price over $1,450 the sea change in sentiment could ignite an ascent to a new record over $2,000. Topping the list of catalysts that could...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12December 17, 2018 "This is the end, beautiful friendThis is the end, my only friend, the end" The Doors, The End, 1967 "We have two kinds of forecasters, those who don't know and those who don't know they don't know." John Kenneth Galbraith, e...Read More
We are going to start this update on a positive note by pointing out that the gold to silver ratio recently reached a 24-year record extreme as shown by the 20-year chart for this ratio below, which alone is a sign that the sector is close to a bottom and also that a major new bullmarket is likely to start before much longer. However, there is the small matter of a looming market crash and the c...Read More