Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/no-li...Under SEC rules, companies can't buy back any of their shares during earning season. This blackout period ends two days after the company's results are released. This is most likely a key cause of the recent stock market declines. But this should really be taken as a warning gift.These pattern shifts seem eerily similar to what I...Read More
Is the Greatest Bull Market Ever finally ending? One straightforward approach to is to follow the money, i.e. global capital flows: assets that attract positive global capitalContinue...Read More
"While we are disappointed by today's verdict, we will be making a number of post-trial motions and will continue to seek justice for Gavin Black,"Continue...Read More
Aim-listed Vast Resources, together with Botswana Diamonds (BOD), have received an independent competent person’s preliminary geological assessment relating to the Heritage concession within the Marange diamond fields of Zimbabwe, in which specific exploration recommendations were made.As announced on October 4, BOD has entered an agreement with Vast under which BOD will be engaged in d...Read More
Yesterday came the big bounce…The Dow Jones roared back to life with a 548-point spree - its grandest performance since March.The S&P jumped 59 happy points. The Nasdaq had itself a day at the races, up 214 points - percentagewise, better even than the Dow.Gold was down. So was volatility... and the 10-year Treasury yield.So we wonder…What gusting updrafts barreled through the cany...Read More
Orbit Garant Drilling (TSX: OGD), one of Canada's largest drilling companies, took advantage of the last downturn to make a strategic move into Chile, and now hopes to repeat that success in West Africa.In December 2015, the Val-d'Or based company bought Captagua Ingenieria, a Chilean drilling company based in Santiago. Since then Orbit Garant has grown its revenue base in the South American count...Read More
Alio Gold (TSX: ALO; NYSE: ALO) has boosted measured and indicated resources at its operating Florida Canyon gold mine in Nevada by 52% over the previous estimate, contained in a 2016 preliminary economic assessment (PEA).The project now contains 132.9 million measured and indicated tonnes grading 0.4 gram gold per tonne for 1.7 million oz. gold, assuming a US$1,350 per oz. gold price. It also co...Read More
I'm not going to do the most obvious thing to do when markets get rattled.I'm not going to claim to know why, though I have my own strong opinions. You've heard from plenty of talking heads doing this, no doubt.Both those who claim to know what triggered the sell-off and those pointing out that all of the things being cited as the cause have been with us for months, if not years, are a dime a doze...Read More
The day is finally here.Recreational weed goes legal in Canada today.I'm actually in British Columbia for this historic occasion, doing some diligence on the industry.What's emerged is a small group of lead dogs in the space. You know the names: Canopy, Aurora, Aphria, and Tilray.But they are lead dogs only in the sense that they were some of the first companies to be awarded a coveted "LP" - maki...Read More
Awww how cute! *zap*Read full newsRead More
"White Gold Corp. Announces C$15 Million Bought Deal Financing; Agnico Eagle Mines and Kinross Gold Corp Each Maintain Approximate 19.6% Interest https://t.co/OPjDuVCfUt #investing @WhiteGoldCorp"Read full newsRead More
500 Dow points - what else is there (forget the 2000 point drop last week!!)Before we get started on how bullish the US equity rebound must be... consider this - today is the biggest short-squeeze day since Nov 2016's post-Trump election rebound...Read full newsRead More
CloseGain/LossGold $1224.90-$0.50Silver$14.66-$0.03XAU70.10-0.50%HUI155.32-0.36%GDM557.73-0.05%JSE Gold1214.12-37.98USD95.06-0.02Euro115.81UNCHYen89.32+0.11Oil$71.92+$0.1410-Year3.157%+0.003T-Bond138.53125+0.25Dow25798.42+2.17%Nasdaq7645.49+2.89%S&P2809.92+2.15% The Metals: Gold gained $7 to $1232.40 at about 9:30AM EST, but it then drifted back lower for most of the rest of trade and ende...Read More
(Reuters) - Poland raised its gold holdings to the highest in at least 35 years, data from the International Monetary Fund showed on Monday.The country increased its holdings by 4.4 tonnes from August to about 117 tonnes in September, a record, according to data going back to January 1983."We have a really exciting announcement coming this Thursday, learn more about it here...""While the exchang...Read More
Gold needs to trade over the $1225-$1230 zone to rise. Silver needs to break and trade over $14.90 to start another wave of rise. Copper and industrial metals will be very volatile. Crude oil will be very volatile. Brexit woes and political issues within the Eurozone have resulted in a firm US dollar. The Euro and cable have fallen slightly. Investor sentiment towards the euro and cable is shaky...Read More
(Reuters) - Poland raised its gold holdings to the highest in at least 35 years, data from the International Monetary Fund showed on Monday.The country increased its holdings by 4.4 tonnes from August to about 117 tonnes in September, a record, according to data going back to January 1983."We have a really exciting announcement coming this Thursday, learn more about it here...""While the exchang...Read More
Gold needs to trade over the $1225-$1230 zone to rise. Silver needs to break and trade over $14.90 to start another wave of rise. Copper and industrial metals will be very volatile. Crude oil will be very volatile. Brexit woes and political issues within the Eurozone have resulted in a firm US dollar. The Euro and cable have fallen slightly. Investor sentiment towards the euro and cable is shaky...Read More
"The 2018 #WorldRiskReport is a robust and transparent tool to help manage risks that confront miners and investors. Download a free excerpt online: https://t.co/sl1MJhZ2bg ($)@M1NEHUTTE @MaplecroftRisk"Read full newsRead More
"The Gruyere gold project is on track to produce its first gold in June 2019, in line with the asset's production gameplan. https://t.co/9FxbpJjv1b #asx #gold #mining"Read full newsRead More