News

By analyst By Andrew Topf Australian gold investors got a lift on Wednesday after Empire Resources (ASX:ERL) came out with some impressive new drill results at its Penny’s Find gold mine. The stock leapt 29.4% in morning trading to AUD$.022 after Western Australia-based Empire announced a new underground resource at the mine located 50 kilometres […]

By Jordan Roy-Byrne CMT, MFTA The 7-page flash update covers our short-term outlook for Gold and gold stocks as well as two companies including Novo Resources. We discuss the technicals on Novo Resources. The other company is our latest buy. We really like this entry point. The flash update includes our original commentary on this

By Cory USD – Fundamentals Point Up, Technicals Point Down Doc is with me today to outline the discrepancies between the fundamentals and technicals. Fundamentals are pointing to a stronger dollar but when looking at technicals we are seeing weakness. Timing is important and it is typical to see fundamentals factors take longer to materialize.

By analyst By Valentina Ruiz Leotaud For four days in a row, thousands of people have been protesting in the city of Jerada, northeastern Morocco, in a cry for jobs, social development and government intervention in what the call “the mines of death.” The massive demonstrations started around December 12 with people demanding lower electricity

By Pater Tenebrarum Repeating Patterns and Positioning A noteworthy confluence of patterns in gold and gold stocks is in evidence this year. At the close of trading on December 26, the HUI Index has given a (tentative) buy signal by completing a unique chart pattern, which is why we decided to briefly discuss the situation.

By MN Gordon Remarkable and Extraordinary Growth Good cheer has arrived at precisely the perfect moment. You can really see it. Record stock prices, stout economic growth, and a GOP tax reform bill to boot. Has there ever been a more flawless week leading up to Christmas? Here’s what really happened: the government’s minions confiscated

By analyst By Valentina Ruiz Leotaud For the second year in a row, people -and commodity analysts such as those at TD Securities and the Bank of Montreal- are being bullish on silver. This is according to a survey conducted by precious metals retailer Kitco among the readers of its website. Some 151 people, or

Source: Jack Chan for Streetwise Reports 12/27/2017 Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting an upturn in the cycle that might indicate the end of a multimonth correction. Our proprietary cycle indicator has turned up. The gold sector is on a long-term buy signal. Long-term signals can

By analyst By Valentina Ruiz Leotaud Chile’s National Copper Corporation has awarded Obrascón Huarte Lain (BMAD:OHL) the contract to provide support services to the operation and maintenance of the canal that transports slurry, tailings and industrial wastewater at El Teniente mine site, located in the central province of Cachapoal. The century-old operation, which is the

By analyst By Valentina Ruiz Leotaud Police in the central northwestern department of Antioquia and the Regional Autonomous Corporation of Antioquia Corantioquia announced that they will take urgent measures to protect a waterfall called La Quebrandona, located in the Zaragoza municipality. The officials’ reaction comes in response to a citizen’s video that went viral and