Easrnings for large cap stocks are coming, will they be good enough to justify the run higher in the stock prices?
Peter Hanks, Analyst at DailyFX joins me to share his thoughts on the upcoming earnings reports of the largest US…
Peter Hanks – Broad Market Commentary – Fri 24 Apr, 2020 Read More »
Is gold market going to reset in 6 months? Is there enough physical gold to satisfy the outstanding paper commitments?
Egon recommended as early as 2002 for people to hold 25 – 50% of investable assets in gold, when the price was $300.
It’s $1725 no…
GOLD WILL RESET WITHIN SIX MONTHS – INTERVIEW BY LYNETTE ZANG Read More »
I’m about to open a small window into the arcane world of oil producers’ hedging. There are lots of industry terms you’ve never heard of….but the bottom line is this: Oil producers routinely write WAY out of the money hedges and pocket a small premium on a situation they know will never happen–like oil under […]
OIL VOLATILITY COST PRODUCERS HUNDREDS OF MILLIONS IN BAD/UNUSUAL HEDGES Read More »
(Kitco News) – Wall Street and Main Street remain bullish in the weekly Kitco News gold survey, with traders saying they anticipate the massive fiscal stimulus and monetary accommodation will continue to underpin the yellow metal.
Wall St., Main St. look for gold prices to strengthen Read More »
Silver prices have dropped sharply year-to-date and are currently down 13.2% year-on-year at US$15.29 per oz., but the Bank of America (BofA) says its supply…
Bank of America forecasts silver price will rise Read More »
Global miner Barrick Gold will challenge Papua New Guinea’s decision not to extend its special mining lease (SML) for the Porgera gold mine, saying the move is tantamount to nationalisation.
Prime Minister James Marape on Friday announced that Papua N…
Barrick says PNG’s Porgera decision is tantamount to nationalisation Read More »
Finance Minister Tito Mboweni confirmed on Friday that a revised Budget Bill would be tabled in Parliament shortly to address changes to the fiscal framework that had arisen as a result of government’s response to the Covid-19 pandemic, including the R…
South Africa entitled to $4.2bn in IMF support to tackle Covid-19 – Mboweni Read More »
Papua New Guinea is set to take control of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Porgera mine after refusing to extend the company’s lease on…
Papua New Guinea snatches Barrick’s Porgera mine Read More »
Independent proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis & Company have recommended that shareholders of explorer Balmoral Resources vote in favour of a C$110-million takeover from miner Wallbridge Mining.
Through the co…
Proxy advisers urge Balmoral shareholders vote for Wallbridge deal Read More »
JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore-Merafe Chrome Venture decreased by about 3.6% year-on-year to 100 000 t for the quarter ended March 31. This compares with attributable production of about 104 000 t in …
Merafe reports lower ferrochrome output Read More »
