A BMO Capital Markets note highlighted potential upside for investment in this Australian company. In a Dec. 7 research note, analyst Andrew Kaip reported that BMO Capital Markets initiated coverage on AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:LSE) with a Market Perform rating and an $11 per share target price. "We like the improving outlook," he added. Over the past four months, the...Read More

A Canaccord Genuity report discussed the agreement implications specifically and broadly. In a Dec. 14 research note, analyst Carey MacRury reported that Canaccord Genuity increased its target price on Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) to CA$41 per share from CA$38.50 (current share price is about CA$25.54). This change was made to reflect the company's just-announced tax settleme...Read More

 CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08%  The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ende...Read More

Perception of gold as an investment is fundamentally flawed. No matter the detail behind the analysis, gold is not an investment.       investment…a thing that is worth buying because it may be profitable or useful in the future.Lets suppose you are at the grocery store and you see that butter is on sale for $2.00 per pound. Normally you pay $3.00 per pound or more.Since...Read More

Newmont Mining (NEM) is a gold stock with plenty of institutional interest. This means due to its huge following it is a good candidate for Gann Angles.Gold and gold stocks are waiting for the FED and other central banks to swing to dovish monetary policy, Powell hinted this in last speech, and next week the FED is expected to hike 0.25% to 2.5%, however the 3 previously planned hikes in 2019 look...Read More

 CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08%  The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ende...Read More

 CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08%  The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ende...Read More

By Dave KranzlerA couple of my subscribers emailed me expressing frustration over the fact that their recent homebuilder puts are either not moving higher or losing value despite the sell-off in the overall stock market. There's two factors. First, the homebuilder sector has dropped well over 30% since late January. To an extent there may be some seller's fatigue. At some point there will be sho...Read More

By Clint SiegnerThe Democratic party will be moving back into the control room in the House of Representatives.Congress may commemorate the return to split government with a partial shutdown. The feud over construction of a border wall looks like it will not be resolved in time. It could be the first of many political dramas in 2019.The debate over funding for the wall is theater, make no mistak...Read More

By Frank HolmesStrengthsThe best performing metal this week was palladium, up 1.41 percent, though hedge funds cut their long position to a three-week low. ICBC Standard Bank, however, sees palladium hitting $1,500 an ounce by 2020. Gold traders and analysts were mostly bullish on the yellow metal this week on concerns about a potential U.S. government shutdown and ongoing uncertainty around Bre...Read More

By David HaggithThe Big Bear is back. Ursa Major is in the house of the rising sun, and Taurus is in the house of the setting sun. Those are bad signs for investors who are now daily diving into their horoscopes. The market is pouring out of an inverted Big Dipper, otherwise known as the Big Bear (Ursa Major), and no one (not even the Fed chair) nor any positive event seems able to stop it. I ca...Read More

By Justin SmythAssets that are typically the most inversely correlated to the stock market during bear markets have started exploding higher in the last few weeks. The IEF bond ETF broke out of a Stage 1 base recently. The utilities ETF XLU broke out of a Stage 2 continuation pattern and is making new all-time highs. Gold mining stocks are the sector I'm paying very close attention to right no...Read More

By PlungerUsing Charles Dow's well known method of reading the stock market's movements , on Friday December 14th 2018 , the averages confirmed a bearish indication and can now be classified to be in a bear market. This action Friday is the first occurrence of a valid bear market signal in 11 years. Together the Dow Industrials and Transportation averages triggered a bear market signal followi...Read More

Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More

Full Article: Outlook 2019 - Rush to SafetyBy: Kitco News(Kitco News) - Once again the Kitco News team has been working hard to create the definitive resource for precious metals investors ahead of 2019.Our efforts have again paid off with today's launch of 2019 Outlook - Rush To Safety. I have lost count of all the bank reports we have read, analysts we have talked to, and data we have review...Read More

This won't be the last time that you read this headline.The stock market is crashing again to start the last trading week before Christmas. The Dow and S&P 500 both declined by 2.1% today, while the NASDAQ is down 2.3%. The major drivers of this market decline are slowing growth projections, an escalating trade war between the United States and China, as well as rising interest rates.Investors are...Read More

Bix did the grunt work, and he found the secret silver hoard that has been supplying the physical market for all of these decades. Here are the details...by Bix Weir from Road to RootaSILVER SECRET: Why doesn't the world know about this 2.75B oz secret silver hoard. Why doesn't every silver mining company talk about it? Why don't they teach it in school? Why? Why? Why? Read More

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (December 17, 2018) - Mega Uranium Ltd. (MGA: TSX) is pleased to announce the closing today of the first tranche of its previously announced non-brokered private placement (the "Financing"), pursuant to which the company raised aggregate gross proceeds of $1,310,000 from the issuance an...Read More

RAPAPORT... A pink diamond recently submitted to the Central GemLaboratory (CGL) in Tokyo was found to be a chemical vapor deposition (CVD)synthetic stone, treated only with Low Pressure-High Temperature (LPHT). The marquise brilliant-cut, 0.192-carat diamond is an unusualfind, as stones of this nature are generally treated with a multistep process thatfirst uses High Pressure-High Temperature (HP...Read More

RAPAPORT... Chow Tai Fook has signed a memorandum of understanding(MoU) with online giant Tencent that will enable its customers to completetransactions using WeChat Pay, the Hong Kong-based jeweler said Monday. Beginning next year, Chow Tai Fook will allow customers to payfor purchases via the app's electronic-payment platform in designated stores inmainland China. It will gradually rollout...Read More