In mining, as in everything else, there are trends.Successfully identifying these trends and taking speculative positions ahead of the herd is one way to make a lot of money.I should know. I've made a career of it, doing it time and again for myself and my subscribers.We were quadrupling our money on electric vehicles as early as 2008 - two years before Tesla IPOed.We made over 1,500% in 2016 when...Read More
As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the House and Senate would have yielded pretty much the same economy going forward: Ever-higher debt, upward trending interest rates and (through the combination of those two) rising volatility.So with the sideshow now in the rear view mirro...Read More
As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the House and Senate would have yielded pretty much the same economy going forward: Ever-higher debt, upward trending interest rates and (through the combination of those two) rising volatility.So with the sideshow now in the rear view mirro...Read More
"Some of you may have heard about the Saudi journalist and dissident Jamal Khashoggi,. He went into the consulate and he was immediately strangledContinue...Read More
Dear Investor,While most traders have been watching the S&P, oil plunged 18% in October. In the process, crude broke below a key long-term trendline. You know what that means: It's an exciting potential opportunity. That's why we've got an exciting free event starting Tuesday, Nov. 6. We call it our Energy FreePass event, where we unlock our trader-focused Energy Pro Service for 3 days. It's f...Read More
USDX’s Friday’s close was its highest weekly closingprices of 2018. This is an extremely significant confirmation of the bullishoutlook for the US currency that followed the verification of the breakoutabove the inverse head-and-shoulders pattern. The implications are clearly bullishfor the US dollar. But are they clearly bearish for gold? The yellow metalended the week close to its Oc...Read More
RESOURCEStocks: Element 25 expects to complete about 7,000m of infill drilling (200 holes) on the Yanneri Ridge deposit at Butcherbird in Western Australia by the end of November, which will feed into a revised resource estimate (January 2019), and also the planning for a starter pit in an area with a maiden reserve being incorporated in the project PFS. What can you say at this stage about what i...Read More
"Great Panther Silver Announces Filing of NI 43-101 Technical Report for the Tucano Gold Mine https://t.co/Ia4MRONaC8 #investing @Gr8_Panther"Read full newsRead More
You would think that Tesla short sellers would be running away after the company's record quarter announced last month, but it's not the case for one of the most prominent men betting a...Read full newsRead More
WASHINGTON (Reuters) - Democrats rode a wave of dissatisfaction with President Donald Trump to win control of the U.S. House of Representatives on Tuesday, Fox News and NBC News projected, giving Democrats the opportunity to block Trump's agenda and open his administration to intense scrutiny.In midterm elections two years after he won the White House, Trump and his fellow Republicans were set to...Read More
(Kitco News)- B2Gold Corp. (TSX: BTO,NYSE American: BTG, NSX: B2G), which bills itself as the newest senior goldproducer, late Tuesday reported a sharply higher adjusted profit in the thirdquarter as output soared from a year ago after the opening of the Fekola Minein Mali in 2017.The company generatedadjusted net income of $45 million, or a nickel per share, compared to $14million, or a penny, a...Read More
(Kitco News)- Pan American Silver Corp.(Nasdaq: PAAS, TSX: PAAS), the world’s second-largest primary silver producer,late Tuesday reported that it flipped to a loss in the third quarter, hurt bylower metals prices and their impact on “net realizable value” inventory adjustments.The adjusted loss was listedat $4.7 million, or 3 cents per share, impacted by approximately $23.4 mill...Read More
(Kitco News)- IamgoldCorp. (TSX: IMG; NYSE: IAG) late Tuesday reported a loss for the third quarteras revenues came in lower than in the same period a year ago, with bothproduction and gold prices weaker but costs higher.Thecompany listed an adjusted net loss $6.9 million, or a penny per share,compared to adjusted net earnings of $33.7 million, or 7 cents, in the sameperiod of 2017. The net loss w...Read More
New research reveals that cryptocurrencies require far more electricity per-dollar than it takes to mine most real metalsRead full newsRead More
"61 out of 100 is the average #investmentsecurity rating across 95 jurisdictions in the 2018 #WorldRiskReport. Find out who topped the list: https://t.co/iXlsSr9ABt"Read full newsRead More
John Edmonds, 36, pleaded guilty to one count of commodities fraud and one count of conspiracy to commit wire fraud, price manipulation and spoofing.Edmonds, a 13-year J.P. Morgan veteran, said that he learned how to manipulate prices from more senior traders and that his supervisors at the firm knew of his actions.Hugh Son | Dan ManganPublished 4 Hours AgoUpdated4 Hours AgoCNBC.com Scott Mlyn...Read More
John Edmonds, 36, pleaded guilty to one count of commodities fraud and one count of conspiracy to commit wire fraud, price manipulation and spoofing.Edmonds, a 13-year J.P. Morgan veteran, said that he learned how to manipulate prices from more senior traders and that his supervisors at the firm knew of his actions.Hugh Son | Dan ManganPublished3:30PM ET Tue,6 Nov 2018Updated9 Hours AgoCNBC.com...Read More
CloseGain/LossGold $1226.40-$4.10Silver$14.52-$0.12XAU66.31-1.24%HUI147.83-1.33%GDM541.35-0.52%JSE Gold1137.32-24.70USD96.28-0.06Euro114.16+0.05Yen88.23-0.18Oil$62.21-$0.8910-Year3.219%+0.018T-Bond137.28125-0.28125Dow25635.01+0.68%Nasdaq7375.96+0.64%S&P2755.45+0.63% The Metals: Gold gained $5.40 to $1235.90 in London before it fell to as low as $1223.60 in early afternoon New York trade an...Read More
CARACAS (Reuters) - Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the effort told Reuters.Source: ZeroHedgeVenezuela's hard currency holdings have dwindled as existing U.S. financial sanctions have effectively blocked President Nicol...Read More
COMEX FUTURES REPORT - Happy Kali PujaGold and silver should break free from the recent consolidation phase and form a new range. Copper and crude oil will be very volatile. I prefer to stay away from intraday trades in crude oil. No one knows what will be the effect on crude prices due to Iran sanctions. Risk traders should invest in crude oil for the year end with a stop loss below $58.30. T...Read More