After a losing ground into the close on Tuesday, major U.S benchmarks are all higher coming out of the July 4 Independence Day holiday. Investors and traders alike await a deluge of data and news over these next two days including Friday’s tariff deadline and jobs report. This morning brings an early look at jobs […]
Daily markets morning round-up: E-mini S&P, gold & crude Read More »
By Cory댊 Some Optimistic Comments For Gold Ned Scmidt joins me today to share his thoughts how soy beans are impacted by the trade wars and why he thinks gold is going to run above the 2016 highs. Download audio file (2018_07_05-Ned-Schmidt.mp3) …read more From:: The Korelin Economic Report
Gold Sector Commentary – Thu 5 Jul, 2018 Read More »
Hail to the tweet! President Donald Trump is calling out OPEC and telling them now is the time to lower prices. The tweet this time had less of an oil price impact from previous tweets, as many are starting to realize OPEC can’t do much. The President tweeted that “The OPEC Monopoly must remember that
Crude oil: Hail to the tweet! Read More »
By Frik Els Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows hit end-2015, early 2016 coal used in power generation has gained 140%. Strong consumption in China, despite ongoing efforts by Beijing to
Thermal coal prices hit 6-year high Read More »
By Cory댊 New Dimension Resources – Updates On Drilling And Exploring In Argentina New Dimension Resources (TSX.V:NDR) President and CEO Eric Roth joins me to update us on the progress of the drilling in Argentina. The Company that started trading back in May and which holds the Argentina assets from Mariana Resources (which was acquired
Company Updates From Management – Thu 5 Jul, 2018 Read More »
By Cecilia Jamasmie Australia’s Lucapa Diamond (ASX:LOM) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter. Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in the previous corresponding period, the
Findings at Lucapa’s Lulo project jump on record mined diamonds Read More »
By Michael Allan McCrae There may also be a gold angle to the electric vehicle revolution, argues the Gold Council in a study that looks at precious metal and various uses in electronics. While lithium, nickel, copper and cobalt have all enjoyed a lift, gold may have a roll to play since it offers some
Hitching gold to the electric vehicle bandwagon Read More »
By Cory댊 Anaconda Mining News – Maritime Offer Increase & Goldboro Drill Results Anaconda Mining has been busy again this week releasing news on the Maritime takeover bid and Goldboro drill results. Both of these news releases are linked below. To summarize, the Company has increased its offer to Maritime shareholders to $0.21 per share.
Company News – Thu 5 Jul, 2018 Read More »
By Cory댊 Comments on Gold, Copper, and The Flattening Yield Curve Rick Ackerman joins me today to update some of the levels he is watching for gold and copper. We also discuss the continued flattening of the yield curve and what is means for the overall US markets. Download audio file (2018_07_05-Rick-Ackerman.mp3) Click here to
Rick Ackerman and Technicals – Thu 5 Jul, 2018 Read More »
click to enlarge 2018 could be another strong year for central bank gold demand. According to the Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year official sector activity rose 36 percent to 366 tonnes – a substantial increase from 2016. The
Top 10 Countries with Largest Gold Reserves Read More »
