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By Cory PM Stocks Performing Well But Still Ignored The recent action in precious metals stocks has been encouraging especially since the underlying metals prices have been pulling back. The Junior Miner Junky, David Erfle joins me to discuss how the shares have been able to hold up in the midst of low volume. We […]

By analyst By Cecilia Jamasmie Miner and commodities trader Glencore (LON:GLEN) is buying 26.73% of the voting shares in Peru’s largest zinc producer, Volcan Compañía Minera SAA, in a deal worth at least $531 million. The Swiss company will pay $1.215 per class A common share, which will help it boost its current 7.68% interest

By Karim Rahemtulla Is the market overvalued? Yes. By many measures, this is one of the most overvalued markets in history. Price to earnings and earnings growth are two measures that should tell you this 9-year-old bull market is closer to the top than the bottom. Volatility, as measured by the VIX, is showing complacency

By Greg Guenthner This post It’s Time for Biotech’s “Big Dogs” to Step Up to the Plate appeared first on Daily Reckoning. While the big biotech stocks took a breather in September, some of the smallest pharma names on the market launched to new highs. I scan the biggest gainers on the market every day

By analyst Since I issued my “ book profits now ” call for gold several weeks ago, the price has declined relentlessly from the $1360 area high. Investors want to know if I see signs that… …read more Source:: PRNewswire-Mining and Metals The post Graceland Updates: “Gold – Demand Vacuum Has Silver Lining” appeared first

By Davis Ruzicka This post Coming Soon: The Most Profitable Earnings Season Ever appeared first on Daily Reckoning. We spoke yesterday about why now is an excellent time to buy Apple (NASDAQ:AAPL). If you missed it, none of the three reasons had anything to do with the popularity of the new iPhones. That’s because there

By analyst By Cecilia Jamasmie Shares in Africa-focused Firestone Diamonds (LON:FDI) skyrocketed on Tuesday after the company announced it had recovered a 134 carat gem-quality light yellow diamond from its Liqhobong mine in Lesotho. The precious rock, the miner said, it’s the largest diamond recovered by the company to date. Since production began at Liqhobong

Source: Streetwise Reports 10/03/2017 This company with a zinc project in California just came out with an updated resource, one which Etienne Moshevich of Alphastox.com calls “outstanding.” Huge news from Blue Moon Zinc Corp. (MOON:TSX.V; BMOOF:OTC). The company just announced a resource update for its wholly owned zinc deposit in California and the numbers are

Source: James Kwantes for Streetwise Reports 10/03/2017 James Kwantes of Resource Opportunities takes an in-depth look at a “promising” Canadian explorer. Canada’s North is a mysterious and forbidding land. There are stories of European explorers disappearing without a trace and place names such as Deadman’s Island. Native legends from the original occupants—not to mention strangely

By Jordan Roy-Byrne CMT, MFTA The precious metals sector started September with a bang. Gold, which had already eclipsed $1300/oz, pushed to $1360/oz while Silver broke its downtrend line (from its late 2012 and 2016 peaks). Unfortunately, precious metals would soon reverse course and more. Gold ended September down nearly 3% and below $1300/oz. Silver