By Jeb Its been a great week for the beaten up gold investors as capital sought safety as a market panic started. In reality, the stock market was way overbought and needed at least a shakeout which it has done pulling back to the rising 200 DMA. For months I have been early seeing declining […]
Gold Makes Bullish Breakout as Investors Fear Higher Interest Rates $GDXJ Read More »
By Cory댊 Recapping The Volatile Week For Gold, GDX, Silver, the USD and US Markets With the crazy week in the markets now coming to an end Doc an I look at the charts to see what has changed. We discuss everything from metals to the USD to markets. Download audio file (2018-10-12-Doc.mp3) …read more
Richard Postma – The Doctor Is In – Fri 12 Oct, 2018 Read More »
By Bloomberg News (Bloomberg) — Gold Fields Ltd. shareholders getting impatient over the company’s failure to stem losses at the huge South Deep deposit in South Africa shouldn’t lose hope, said Chief Executive Officer Nick Holland. Gold Fields said in August it’s embarking on yet another turnaround plan at the operation, its only one left
Gold Fields CEO asks for `more time’ as investors get antsy Read More »
By Danielle Adams This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) continued its trend from last week and steadily dropped. On Friday, the index rose due to gains in healthcare. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, continued its trend from last week and steadily dropped, but recovered slightly towards the end of the week. In
By Bloomberg News (Bloomberg) — Gold may have finally snapped out of its inertia. Prices largely held the biggest gain since June 2016, when the U.K. voted to exit the European Union, after a slump in global equity markets stoked demand for the metal as a store of value. Bullion received another shot in the
Gold revitalized as equity sell-off spurs second weekly advance Read More »
October 11, 2018 Chris Vermeulen Our research team, at www.TheTechnicalTraders.com, is alerting our members that the Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation. If you have been following our research posts, you already know that we predicted this recent downside price
US Transportation Index Suggests Bottom May Be Forming Read More »
October 10, 2018 A unique setup has occurred in the UUP (Invesco DB US Dollar Index) that resembles an Engulfing Bearish type of pattern (even though it is not technically an Engulfing Bearish pattern). Technically, an Engulfing Bearish pattern should consist of a green candle followed by a larger red candle whereas the red candle’s
Commodities and the Dollar Read More »
By Olivia Da Silva Fresh off a major discovery, RNC Minerals (TSX:RNX) has recovered the first specimen slab from the Father’s Day vein at its Beta Hunt mine in Western Australia. Weighing in at 90 kilograms, the slab is estimated to contain 1,000 ounces of gold. Cut in the field, the slab shows visible gold
RNC Minerals Recovers 90-kilogram Specimen Slab from Beta Hunt Read More »
By Cecilia Jamasmie Chile’s state miner Codelco, the world’s No.1 copper producer, has revealed its smelter at Chuquicamata, its second largest operation by size, will be running at reduced rates until at least the end of the year, as it hurries to complete a planned overhaul ahead of stricter emissions standards coming in effect. CChile’s
World’s top copper producer faces lengthy smelter halt at major mine Read More »
By Ashley Cowell Great Panther Silver (TSX:GPR; NYSE:GPL) (“Great Panther”; the “Company”) announces production results for the third quarter (“Q3”) 2018 from its two wholly-owned Mexican silver mining operations: the Guanajuato Mine Complex (“GMC”), which includes the San Ignacio Mine, and the Topia Mine in Durango. Nine Months ended September 30, 2018 (Compared to the
