CloseGain/LossGold $1223.90+$3.70Silver$14.30-$0.01XAU64.80-1.11%HUI146.40-1.00%GDM534.77-0.25%JSE Gold1124.07+16.97USD96.78-0.05Euro113.89+0.18Yen88.30+0.17Oil$51.45+$1.1610-Year3.029%-0.032T-Bond140.21875+0.28125Dow25338.84-0.11%Nasdaq7273.08-0.25%S&P2737.80-0.22% The Metals: Gold gained $8.70 to $1228.90 by late morning in New York before it drifted lower in afternoon...Read More
By Frank HolmesMichael Robinson, chief technology strategist of Money Map Press, is a lot of things: devoted son and father, technologist, avid skier and gun enthusiast, accomplished blues guitarist, Pulitzer Prize nominee.Readers of his popular newsletters know him for his mantra, "The road to wealth is paved with tech." As editor of Strategic Tech Investor, Nova-X Report and Radical Technology...Read More
Dear Friend of GATA and Gold:Questions are asked to get answers, but refusals to answer may be enough to permit conclusions to be drawn and thus in effect constitute answers as well.With all these recent refusals to answer, who really cannot believe that governments and central banks long have been manipulating the gold market so they might control the currency markets and thereby defeat all mar...Read More
Powell spoke yesterday. The gold market considered his remarks as dovish. And the market is always right, isn't it? Just Below Neutral On Wednesday, Powell delivered a speech "The Federal Reserve's Framework for Monitoring Financial Stability" at The Economic Club of New York. The majority of analysts judged the speech as dovish. Why? The key reason was Powell's view that interest rates were c...Read More
Wednesday's monster rally was just the beginning of a surge that can end only when the last die-hard bear has thrown in the towel. Although the short-covering panic goosed stocks into the clouds, the wild-blue-yonder, blow-off phase lies just ahead. Hundreds of stocks, most crucially AAPL, lifted from the danger zone, shifting the herd's tiny, fevered brains from bearish to bullish in the space...Read More
- Brexit no-deal would lead to "worst crash since 1930s"- Gold rose 0.6% in dollars and 1.2% in pounds today- UK economy could contract by 8%, house prices fall 30%, sterling fall 25% warns Bank of England- Sterling collapse would push Irish economy into recession- Carney's doomsday scenario sees the crippling of UK finances, the pound crashing and inflation soaring- BOE accused of "Project Fe...Read More
Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More
Full Article: Gold Remains One Of Top Investments For 2019 - Legg MasonBy: Neils Christensen(Kitco News) - For the second year in a row, investors remain optimistic that gold will shine in 2019 as they search for stability in an environment of growing uncertainty and volatility, according to a survey conducted by international investment firm Legg Mason.According to the firm's Global Investment...Read More
It has been a wild ride for cannabis stocks in 2018. The largest cannabis producer, Canopy Growth Corp (CGC), had their share price rocket from $24 to $57 in the two months leading up to full legalization in Canada. This represents a gain of 137% in under two months. The share price has since corrected to around $33 and looks to be offering an attractive entry point once again.Shares of Tilray (TL...Read More
Sentiment improves after positive start to holiday season. Morepeople shopped than expected on Thanksgiving weekend, but average spend fell 7%to $313 per consumer, reports NRF. Online sales +20% in November, with record$7.9B generated on Cyber Monday, according to Adobe Analytics. Polished marketstable, with continued caution about small stones. Luxury jewelers concerned asChinese tourists spend l...Read More
Dealer market back to normal after Diwali break,and manufacturers expected to start raising production. Foreign buyers inMumbai looking for polished, but difficult to find the right goods. Localdealers gaining confidence as rupee-dollar exchange rate has stabilized ataround $1/INR 70.6. I1 clarities moving well across most color categories.Jewelry market stable during wedding season.Round-1 point:Read More
RAPAPORT... Signet Jewelers will have to answer allegations of security fraud after a US district-court judge rejected the company's appeal against a pending lawsuit.The owner of Kay Jewelers and Zales had asked the court to dismiss a claim by the Public Employees Retirement System of Mississippi (PERS) that it misled investors regarding allegations of sexual-discrimination against Sign...Read More
RAPAPORT... Lightbox, De Beers' lab-grown-diamond brand, has opened apop-up store in New York for "Cyber Week," an extension of Cyber Monday. The 20-square-foot shop at the Oculus, the World TradeCenter's transportation hub, plaza and shopping mall, gives consumers an opportunity to experience the jewelry personally, thecompany said Tuesday. It has previously only been available online. The p...Read More
(IDEX Online) - Lightbox, the De Beers Group laboratory-grown diamond jewelry company, kicked off Cyber Week with the opening of its first pop-up store at The Oculus, Westfield World Trade Center on Monday. Lightbox General Manager Steve Coe and Head of Marketing Sally Morrison were joined by models from the brand's advertising campaign for a lighting ceremony. For Cyber Week,...Read More
(IDEX Online) - MVI Marketing LLC (MVI)'s team recently completed a consumer research study asking wealthy, millennial age, Asian-American and Hispanic/Latino-American consumers about their shopping preferences and behaviors. The results, MVI says, are noteworthy for brand marketers. Certain brands consistently denote status, quality, prestige and affluence among Forward Facing Immigrant (...Read More
Three-month base metals prices on the London Metal Exchange were being pushed and pulled by cross currents this morning, Thursday November 29. Nickel, lead and tin showed gains averaging 0.4%, while copper, aluminium and zinc were down by an average of 0.4%. Copper was off by 0.4% at $6,230 per tonne. Volume across the complex has been average with 5,189 lots traded as at 7.33am London time. Wedne...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was 220,000 versus 224,000 last week. Actual was 234,000/ Consensus for October Personal Income was an increase of 0.4% versus a gain of 0.2% in September. Actual...Read More
Many investors who avoid real estate are afraid of the anticipated difficulties of being landlords. They hear horror stories. They think to themselves, "I don't want to fix toilets," and "I don't want to get calls from tenants in the middle of the night." These are common excuses I hear from people avoiding a challenge.There are strategies for intelligently managing a property that any capable per...Read More
For investors, buying shares of an undervalued stock is good.But there is something much better.I’m talking about buying shares of an undervalued stock where there is also a near-term catalyst on the horizon that will force the market to properly value the company.Value with a catalyst. Yes, that is much better.With that in mind, I present to you Halcon Resources (HK).An undervalued opportun...Read More
CALGARY, Alberta, Nov.29, 2018(GLOBE NEWSWIRE) -- Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU - OTC-Pink: CPFXF) and its wholly owned subsidiary, Desert Fox Copper Inc., are pleased to provide additional analytical results for the recently completed mapping and sampling program on its 100% owned Mineral Mountain copper project located approximately 15 miles east of Florence...Read More