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By Greg Guenthner This post The Next Big Commodity Crunch (3 Must-See Charts) appeared first on Daily Reckoning. Stocks are going nowhere this week. The Dow dropped six points yesterday. The S&P 500 managed a measly one-point gain. Despite the political noise, the major averages aren’t budging. Aside from a few earnings movers, the market […]

By analyst The past few weeks have been rough for precious metals. Gold had climbed all the way to $1297/oz but the other parts of the sector (Silver and the gold stocks) failed to confirm the move. … …read more Source:: PRNewswire-Mining and Metals The post Gold Stocks & Silver Nearing Relief Rally appeared first

By Pater Tenebrarum The Guessers Convocation On Wednesday the socialist central planning agency that has bedeviled the market economy for more than a century held one of its regular meetings. Thereafter it informed us about its reading of the bird entrails via statement (one could call this a verbose form of groping in the dark).

By Cory Comments on oil, gold and the overall commodity complex Sorry for the delay of today’s market wrap. Our site was temporarily down and it was our home opener for softball tonight (plus it was the nicest day in Vancouver the whole year). Doc and I discuss the big drop in oil and the

When billions of dollars flow into an ETF, it’s safe to assume this is because of its popularity among investors. The VanEck Vectors Junior Gold Miners ETF (GDXJ), which invests heavily in junior gold miners around the world, can attest to this kind of popularity, with some $1.5 billion flowing into it this year alone.

By analyst By Andrew Topf Top Canadian uranium producer Cameco (TSX:CCO) has just signed an agreement with CanAlaska Uranium (TSXV:CVV) to conduct exploratory drilling at the West McArthur uranium project, 15 kilometres from its majority-owned McArthur River uranium mine. Under the deal announced today, Cameco will pay CanAlaska $1.9 million to carry out geophysics and

By Jordan Roy-Byrne CMT, MFTA The past few weeks have been rough for precious metals. Gold had climbed all the way to $1297/oz but the other parts of the sector (Silver and the gold stocks) failed to confirm the move. They have since fallen off a cliff. Over the past 14 days, GDX has lost

By analyst By Andrew Topf Richmond Gold Mines (TSX:RIC) failed to impress investors, with the Ontario and Quebec-focused miner taking a 10.22% hit on its stock price after releasing its first-quarter results today. The company currently produces gold from its Island gold mine in Ontario and its Beaufort mine in Quebec, and also operates the

By James Rickards This post The Greatest Ponzi Scheme in History appeared first on Daily Reckoning. [Ed. Note: Jim Rickards’ latest New York Times bestseller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, is out now. Learn how to get your free copy – click HERE. This vital book

By analyst By Andrew Topf A higher South African rand versus the U.S. dollar was to blame for lowering Sibanye Gold’s (NYSE:SBGL) net operating profit in the first quarter. The Libanon-based gold and platinum producer said the rand gold price slipped 14% compared to the year-ago quarter due to a 16% appreciation in the rand