Junior Mining News

By James Rickards This post Markets Are Trapped in “Zombie-like” State appeared first on Daily Reckoning. Markets are holding their collective breath. Not much is happening. But the potential for huge moves has not been greater since late 2015. The euro is meandering between $1.16 and $1.17. Gold is going sideways between $1,270 and $1,295 […]

click to enlarge Additional trends and indicators support my bullishness. Worldwide business optimism, as recorded by October’s IHS Markit Global Business Outlook survey, climbed to its highest level in three years, with profits growth and hiring plans continuing to hit multiyear highs. Optimism among U.S. firms was at its highest since 2014, with sentiment above

By analyst By Cecilia Jamasmie Brazil’s Vale (NYSE:VALE) denied Monday it had decided to suspend the sale of a stake in its loss-making New Caledonia nickel mine (VNC), adding it continues to seek for a partner. The statement, contained in a securities exchange filing, comes in response to a Reuters’ report indicating the company would

By Alexander Green I may not know much about your personal circumstances. But I know something you should be grateful for this Thursday. The American Farm Bureau Federation just released its latest price survey of items typically found at a Thanksgiving dinner. And the cost of that big bird and all the trimmings has gone

By analyst By Cecilia Jamasmie Anglo American (LON:AAL) will have to shut its massive Minas Rio in Brazil next year if authorities for the state of Minas Gerais, where the iron ore operation is located, further delay a licence needed to kick off a final and key expansion. The miner, which has already been granted

By Greg Guenthner This post Kick These Dumb Trading Mistakes to the Curb appeared first on Daily Reckoning. The market is finally showing us a little back-and-forth action as we begin a short trading week. It’s important to stay on top of our game as the holidays approach. While the bulls and bears duke it

By Jordan Roy-Byrne CMT, MFTA The 26-page premium update has been published, emailed to subscribers and uploaded to the website. This update covers (among other things) the sector outlook and short-term upside potential, expectations for when the next leg higher could begin, Gold in real terms, lengthy Q&A, buy price targets and a second developer

Source: Jack Chan for Streetwise Reports 11/20/2017 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The

By analyst By Andrew Topf The commodity most closely watched, along with copper, for signs of economic activity, has a new trading hub. Last week Hong Kong Exchanges and Clearing started trading iron ore futures, challenging Singapore’s leading position as futures trader for the commodity used in steelmaking. According to Bloomberg, the dollar-denominated futures contracts

By analyst By Andrew Topf A diamond necklace owned by the late actress Zsa Zsa Gabor is expected to sell for between $1.2 and $1.5 million at auction. Forbes reported on Friday that the stunning necklace, made by Harry Winston in 1964, features 66 carats of diamonds – some weighing as much as 8 carats