After an already atrocious day session, AMD shares are bloodbathing after-hours (down over 25% overall) after it reported a disappointing miss on revenues and slashed guidance for Q4...Read full newsRead More
Comparing undervalued junior gold stocks based on ounces in the ground can help investors find the market's most undervalued opportunities.Read full newsRead More
"TSLA revenue and net income"Read full newsRead More
- Palladium prices surge to an all-time nominal high over $1,150/oz- Russia is one of the top producers and growing tensions with the U.S. may result in a "supply crunch"- Palladium is widely used in the automotive industry and is experiencing significant demand and a "supply crunch"- Deep supply deficits in palladium are predicted by Citigroup and other analysts (see Bloomberg table)- Gold an...Read More
Gold and silver need to rise after tomorrow's European central bank meeting and Friday's third quarter GDP numbers due to zoom. I am against new short term investment in gold unless it trades over $1245.80 on Friday after the release of US GDP numbers. Long term, gold is still an excellent investment even at the current price of $1235. Asian prices of gold are near an all-time high. Buyers in As...Read More
CloseGain/LossGold $1232.60+$2.50Silver$14.67-$0.06XAU68.04-2.10%HUI152.65-1.75%GDM552.92-0.94%JSE Gold1210.21-17.80USD96.37+0.44Euro113.98-0.73Yen89.00-0.14Oil$66.82+$0.3910-Year3.104%-0.066T-Bond139.09375+0.90625Dow24583.42-2.41%Nasdaq7108.40-4.43%S&P2656.10-3.09% The Metals: Gold gained $3.20 to $1233.30 in Asia before it dropped back to $1225.70 by a little after 8AM EST and then bounc...Read More
- Palladium prices surge to an all-time nominal high over $1,150/oz- Russia is one of the top producers and growing tensions with the U.S. may result in a "supply crunch"- Palladium is widely used in the automotive industry and is experiencing significant demand and a "supply crunch"- Deep supply deficits in palladium are predicted by Citigroup and other analysts (see Bloomberg table)- Gold an...Read More
Gold and silver need to rise after tomorrow's European central bank meeting and Friday's third quarter GDP numbers due to zoom. I am against new short term investment in gold unless it trades over $1245.80 on Friday after the release of US GDP numbers. Long term, gold is still an excellent investment even at the current price of $1235. Asian prices of gold are near an all-time high. Buyers in As...Read More
"At this year's Mines and Money Americas conference in Toronto, Martin Murenbeeld, president of Murenbeeld & Co., discussed what happened to gold in Q3 and shared predictions on where he sees it going in both the short and long term. https://t.co/n7E10Sbaua #Investing #Resource"Read full newsRead More
Not a fleshwound anymore... China started off excitedly but the afternoon session saw selling pressure into the close...Read full newsRead More
(Kitco News)- Agnico Eagle Mines Ltd.(NYS: AEM, TSX: AEM) late Wednesday reported a smaller profit in the thirdquarter compared to a year ago but increased its production guidance for 2018and 2019.Net income was $17.1 million,or 7 cents per share, down from $72.5 million, or 31 cents, in the thirdquarter of 2017, the company said.The July-September resultsincluded non-cashforeign currenc...Read More
(Kitco News) - Agnico Eagle Mines Ltd. (NYS: AEM, TSX: AEM) late Wednesday reported a smaller profit in the third quarter compared to a year ago but increased its production guidance for 2018 and 2019.Net income was $17.1 million, or 7 cents per share, down from $72.5 million, or 31 cents, in the third quarter of 2017, the company said.The July-September results included non-cash foreign...Read More
(Kitco News) - Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported a net loss for the third quarter as production declined from the same period a year ago, although it is expected to improve in the current quarter.The net loss was listed at $101 million, or 12 cents per share. In the same period a year ago, the company listed a profit of $111 million, or 13 cents. The July-September results i...Read More
(Kitco News)- Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported anet loss for the third quarter as production declined from the same period ayear ago, although it is expected to improve in the current quarter.The net loss was listed at $101 million, or 12 cents pershare. In the same period a year ago, the company listed a profit of $111million, or 13 cents. The July-September results includ...Read More
"@StovallCFRA @johnpagnotta Yes -- but have you considered the fundamental foundation on the chart below as part of your analysis ? It suggests its all debt driven.The crash that began in 2008 has not been rectified --- it has been financially extended. When the hammer drops lots will be nailed."Read full newsRead More
(Kitco News)- Barrick Gold Corp. (NYSE: ABX,TSX: ABX) lateWednesday reported a net loss of $412 million, or 35 cents per share,compared to a loss $11 million, or a penny, in the third quarter of 2017.The July-September net loss was mostly due to a $405 millionimpairment charge at the Lagunas Norte mine in Peru, the company said. Therewere also several other special items, including a $62 millionfo...Read More
(Kitco News) - Barrick Gold Corp. (NYSE: ABX, TSX: ABX) late Wednesday reported a net loss of $412 million, or 35 cents per share, compared to a loss $11 million, or a penny, in the third quarter of 2017.The July-September net loss was mostly due to a $405 million impairment charge at the Lagunas Norte mine in Peru, the company said. There were also several other special items, including a $62 mil...Read More
Yellow metal heads for the highest close in three months. Price keeps hovering around $1,230/oz with a positive outlook. Gold prices are about to post a modest the second daily gain in-a-row but the bullish tone eased amid risk aversion. The price peaked during the Asian session at $1,233/oz and then quickly dropped, finding support above $1,225 on European hours. Since then it has b...Read More
"@HenrikZeberg @hks55 The deflationary contraction underway since 2008. (see chart) This time debt levels will be brought down thru DEFAULT. That's basically how the dark ages were initiated. The higher inflation will come as each nation defaults & their currency becomes worthless. My opine only."Read full newsRead More
"@SheikStock @CROP_cse Projected on the lower scale (under promise, over deliver). Cannot talk/project numbers that were not released via news release. The offtake deal covers just one-fifth of the total grow scale on the one property. Lots of upside to look at."Read full newsRead More