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Do Jobless Claims Point to Sluggish Recovery and Accelerating Gold?

Jobless claims paint a much grimmer picture than other pieces of economic data. So, the Fed (and other central banks) will remain dovish for years, which should support gold prices. More and more economic reports show the beginning of the economic recovery in the U.S. Fol...

Huge Unemployment Is Coming. Will It Push Gold Prices Up?

On Thursday, the initial jobless claims rocketed to almost 3.3 million. Quite an unimaginable number. What does it imply for the US economy and the gold market? One of the Most Scariest Things You Will See This Week Would you like to see something scary? I guess not, b...

Market News Report: April 6, 2020 - April 10, 2020

The economic data releases are starting to show coronavirus crisis impact on the economy. Last week’s Thursday’s Unemployment Claims number has reached almost 7 million! And we will likely get more bad economic data this week. Let&CloseCurl...

Market News Report: April 20, 2020 - April 24, 2020

Last week’s economic data releases have continued revealing coronavirus damage to the economy. Thursday’s weekly Unemployment Claims number has surpassed 5 million, but it was a little lower than expected. However, the markets remained relativ...

Steady Gold Amid Choppy Recovery

Initial jobless claims are declining painfully slowly. The disconnect between the choppy recovery and financial markets creates upward risk for gold. The initial jobless claims still paint grim picture . They amounted to 1.48 million in the week from June 13 to June 2...

Market News Report: March 23, 2020 - March 27, 2020

It has happened again. The scheduled economic data releases were much less important than virus crisis news last week. However, the coming releases are starting to show a severe economic downturn. So, markets will likely pay more attention to the economic data releases in the ...

Microbot Shares Soar ...

Microbot Shares Soar on Claims It Has Created the World's First Fully Disposable Endovascular Robotic System Shares of Microbot Medical traded 70% higher after the company reported that in January 2020 it will unveil the world's first fully disposable robotic system fo...

BC’s Quesnel Trough: 1000km of Mineral Potential

The Quesnel Trough, also known as the Quesnel Terrane, is a Triassic/Jurassic-age arc of volcano sedimentary and intrusive rocks that hosts a number of alkalic copper-gold porphyry deposits with copper gold and silver values and sometimes molybdenum. The Trough runs north...

A Dual Threat Gold & Silver Opportunity in BC’s Prolific Cariboo Mining Region

When Stockhouse Editorial last caught up with Green River Gold Corp. (CCR) ( CSE.CCR , Forum ) and its CEO Perry Little last December , the company was, like so many others, adjusting to doing business in a COVID-19 world but at the same time keeping busy...

Important Economic News Calendar: October 14 – October 18, 2019

The markets basically ignored the Fed talk last week, as U.S. - China trade war developments stole investors’ attention away from the scheduled news releases. But it was worth paying attention to our last week’s News Calendar that highlighted U....
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