By Investing News Network Nevada may be one of the most geologically diverse mining jurisdictions in the world. Nearly every type of rock known to geologists can be found in the state’s desert landscape. Nevada has been an important source of many of the world’s most critical base metals including copper, zinc and molybdenum. Today, […]
Nevada: Where the World Goes for Gold Read More »
In our regular gold trading alerts, we focus on the short- and medium-term outlook and we rarely discuss the very long-term issues or price targets. The reason is simple – the long-term issues and price targets don’t change often, so usually, there’s little new to say about them. Consequently, it’s been a long time since
Gold to soar above $6,000? Read More »
The Dollar Index retreated from its 2018 peak of 96.98 following news that China will resume trade talks with the United States later this month. The news allowed the Yuan and other emerging market currencies to rally after a steep selloff led by the Turkish crisis and ongoing trade tensions. …read more From:: Resource Investor
Greenback falls on trade talks; Sterling under the spotlight Read More »
The price action so far today is emblematic of a textbook “risk off” day: stocks are falling across the globe, oil is trading off by nearly 3%, bond yields are generally retreating, and the yen is the strongest performing major currency (though we would note that gold bugs still can’t seem to catch a break!).
AUD/USD: Bearish trend still dominates ahead of AU jobs Read More »
Yesterday’s weakness opened the door to a buying opportunity for those who were patiently cautious. Our narrative all week long has been cautiously optimistic; get out of the forest to see the trees, this market is in a strong uptrend. However, we emphasized yesterday the high probability of a washout. Today the S&P and NQ
Daily markets morning round-up: E-mini S&P, gold & crude Read More »
By Michael Allan McCrae Minera Alamos announced a preliminary economic assessment for its La Fortuna gold project with an after-tax internal rate of return of 93%. The company (CVE:MAI) traded up 14% to 12 cents a share. La Fortuna project, which includes a historic mine site within the concession, is located 100 km northeast of
Mexican-focused junior pops on PEA results Read More »
By Nicole Rashotte The gold price steadied on Thursday (August 16) after the US dollar slipped following an announcement that the US and China plan to discuss trade issues at some point this month. Earlier in the session, the yellow metal hit its lowest level in over 19 months when the greenback ticked up thanks
Gold Price Steadies Following 19-month Low Read More »
Crude oil prices got slammed on fears surrounding the Turkish economy, ongoing concerns about China, and a big build in crude supply, but really a lot of what is driving the bus is the strong dollar. Not just the traditional inverse relationship that oil has with the dollar, but how this massive up move is
Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Wednesday, Aug. 15, 2018. …read more From:: Resource Investor
Daily Price Action: E-mini S&P 500 Read More »
By Reuters JOHANNESBURG, Aug 16 (Reuters) – Gold Fields’ chief executive officer Nick Holland said on Thursday he was not considering resigning after mines minister Gwede Mantashe blamed the company’s plan to cut jobs at its struggling South African mine on “poor management”. Gold Fields, which posted its interim results on Thursday, said this week
Gold Fields boss says not resigning after S.Africa minister’s rebuke Read More »
