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By Cory An upper target for Crude this year of $60/barrel “The Gold and Oil Guy” Chris Vermeulen updates us on the recent moves in crude oil. When we last spoke oil was in a downtrend and very close to breaking lower however there was the thought that it would reverse. Currently crude has bounced […]

By analyst By Cecilia Jamasmie Dominion Diamond (TSX, NYSE: DDC), which put itself up for sale last week after receiving a $1.1 billion takeover bid from US billionaire Dennis Washington, is said to be looking to secure a deal with fellow Canadian diamond miners, a source familiar with the matter who wishes to remain anonymous

By Cory Fundamental drivers for the markets over the next couple months Doc and I follow up on the conversation I had earlier with Rick. We discuss using Amazon as a barometer for the broad averages and the fundamental drivers for the markets over the next couple months. A new all time high is possible

By analyst At the close of US trading Monday April 3, gold futures remained 1% below their three-month high from Monday of last week. Since dipping into the $1190s on March 10 however, the price for one ounce… …read more Source:: PRNewswire-Mining and Metals The post Both Gold and The Dollar Up From Recent Lows

By Craig Wilson This post Jim Rickards: Get Ready For the Scottish Exit appeared first on Daily Reckoning. Jim Rickards joined the London based, Tip TV Finance show to discuss what to expect from Brexit, a Scottish Exit and what’s ahead in the global economy. The discussion covered the economist and bestselling author’s analysis while

By Greg Guenthner This post Two Hot Metals, One “Magic Bullet” for Your Portfolio appeared first on Daily Reckoning. The trading week is off to a rocky start as small-caps, retail, and auto stocks led the market lower for most of Monday’s trading session. But precious metals turned higher during yesterday’s market weakness. And as

By Samuel Taube 401(k)s give you a lot of advantages in planning for your retirement. Your employer matches some portion of your contributions, and you can borrow from them when it’s absolutely necessary. But there’s one major disadvantage they have compared to IRAs. Some employers make you choose from a limited set of mutual funds.

By Matthew Carr Investing is simple. Not easy. You should understand this distinction. So allow me to clarify with a quick story… I was listening to a gentleman probably 20 years older than me talk about how his guitar lessons were going. He was intelligent. He was well-educated and successful. When he was a boy,

By analyst By Cecilia Jamasmie The largest, most perfect pink diamond to have ever been offered at auction has sold for $71.2 million at a Sotheby’s auction Tuesday in Hong Kong, setting a new world record for any diamond or jewel, according to the auction house. Described as one of “the earth’s greatest natural treasures”,

By analyst By Cecilia Jamasmie De Beers, the world’s No.1 diamond miner by value, reported Tuesday a 4.9% rise in sales during the third cycle of the year, compared to the previous period, on the back of a global recovery in diamond prices and demand. The Anglo American’s unit said provisional diamond sales reached $580