The gold futures contract lost 1.68% on Wednesday, as it got back to $1,700 price level. The market has retraced its recent advance despite weakening U.S. dollar. On Monday the price has reached slightly above $1,760 and yesterday’s daily low fell at $1,690.3...
Paul Rejczak
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June 4, 2020
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The gold futures contract lost 2.57% on Friday following much better than expected U.S. monthly jobs data release. Global markets went risk-on and gold has sold off as a safe-haven asset. On Monday a week ago the price has reached slightly above $1,760 and Friday&CloseCurl...
Paul Rejczak
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June 8, 2020
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(Image via SweetWater Brewing Co.) It happens every year, the mood among North American markets changes drastically once American Thanksgiving passes and despite a “socially distanced” holiday this year, that still holds true. Traders are ...
Stockhouse Editorial
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December 2, 2020
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The market for natural resources remains subdued, but there are pockets of strength. In the uranium sector, Energy Fuels, IsoEnergy and Appia Energy are up an average of ~150% from their respective 52-week lows. In copper, Trilogy Metals and Pacific Booker are up an avera...
Streetwise Reports
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April 2, 2019
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Portofino Resources Inc. (POR:TSX.V; POT:FSE) is a high-risk lithium junior with three brine projects in Catamarca province, Argentina. I say "high risk," but that should go without saying. All lithium juniors are high risk. There are 13–14 publicly listed, pre-PFS (pref...
Streetwise Reports
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July 10, 2019
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The recession that started in 1929 is called the Great Depression . The global financial crisis that originated in 2007 bears the name the Great Recession . The current coronavirus crisis can be called the Great Lockdown https://www.sunshineprofits.com/gold-silver/diction...
Arkadiusz Sieron
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May 15, 2020
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Who wouldn’t know the Spaghetti Western The Good, the Bad and the Ugly? In today’s analysis, we have important pieces of economic data starring in the first two roles. Retail sales and industrial production rebounded in May, while the Empire Sta...
Arkadiusz Sieron
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June 18, 2019
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The unpopular trade I told you about one month ago – to go long homebuilding stocks – is off to a great start. The big homebuilder fund ( XHB ) is up around 8% so far, and just hit a new yearly high. Today, I have another trade most people will think is crazy, whi...
Frank Curzio
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October 28, 2012
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Below is an excerpt from a commentary originally posted at www.speculative-investor.com on December 18, 2011. Current market situation Last week's price action proved that the correction/consolidation in the gold sector that began in December of last year is stil...
Steven Saville
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October 28, 2012
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Retail sales came in really strong in May, which could strengthen risk appetite, but the dovish Fed should support gold. However, the sales were still 6 percent lower than a year ago, which means that the coronavirus crisis has not ended yet. But such reports may, neve...
Arkadiusz Sieron
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June 18, 2020
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