Junior Mining News

By analyst By Cecilia Jamasmie Emeralds and rubies miner Gemfields (LON:GEM) said Wednesday a group of independent directors recommended shareholders to reject a takeover bid by largest investor Pallinghurst Resources Limited. The Johannesburg-listed private equity firm wants to buy all the shares it doesn’t already own in Gemfields, but an “independent committee” formed by the […]

By Byron King This post China’s Next Step to Destroy the Dollar appeared first on Daily Reckoning. China is currently modifying the terms of its oil trade with Saudi Arabia. Specifically, China is working on a deal to pay for Saudi oil using Chinese yuan. This effort poses a direct threat to the security of

By Matthew Carr Back in December, I wrote that one of the best sectors to invest in this year is artificial intelligence (AI). And that has proven to be the case so far. You don’t even have to look at the stock market to see the rising importance of this emerging technology. Every dinner party

By Greg Guenthner This post Are You Wasting Your Time with This Weird Indicator? appeared first on Daily Reckoning. Everyone went gaga over Dow 20,000. The financial media had a field day when the Dow crossed the magical 20,000 mark on a cold morning back in February. But the Dow teased investors countless times before

By Philip Barton …read more Source:: 24hGold The post How Much Gold Stock is There Really? appeared first on Junior Mining Analyst.

By Rob Otman Michael Kors (Nasdaq: KORS) is a $6 billion company today. Investors that bought shares one year ago are sitting on a -13.21% total return. That’s below the S&P 500’s return of 17.39%. Michael Kors stock is underperforming the market. It’s beaten down, but it reports earnings tomorrow. So is it a good

By Cory Gold and the VIX to the next Fed meeting Another slow day in the markets so I take a look ahead to what will drive gold and the markets into the Fed meeting and beyond. With investors largely ignoring weak economic data and money continuing to flow out of the USD this summer

By James Rickards The current rally in gold began on December 15, 2016 at $1,128/oz. For over 5 months, gold has Adhered to a pattern in which each new high price is above the one before (“higher highs”), and each drawdown settles at a price above the one before (“higher lows”), If this pattern persists,

By James Rickards This post The Greatest Financial Bubble in History appeared first on Daily Reckoning. China is in the greatest financial bubble in history. Yet, calling China a bubble does not do justice to the situation. This story has been touched on periodically over the last year. China has multiple bubbles, and they’re all

By Cory Is liquidity becoming a problem for the Fed and markets Another slow day for the markets so we take a step back and look at how these markets continue to hit all time highs. Chris Temple kicks off today with a discussion of how the markets ignore data and news but certain sectors