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Powell Testimony Propels Gold Above $1,400 - the Countdown to July’s FOMC Is On

Hot Wednesday is behind us. We had both the Powell’s testimony to the Congress and the released minutes from the latest FOMC meeting. The biggest yesterday’s winner is clearly gold. If you would like to know why – and what situation the yellow m...

Stop feeding the Chinese ‘Belt and Road’ trojan horse

“ Whoever has an army has power.” - Mao Zedong In March Italy broke ranks with its EU partners in joining China’s Belt and Road Initiative, known also as One Belt, One Road or the New Silk Road. Students of history know the original...

Why are central banks buying gold and dumping dollars?

The US Federal Reserve, the country’s central bank, did what many expected on Wednesday, and held interest rates steady, while signaling that a rate cut is on its way. Despite pressure from President Trump to lower interest rates, the Federal Open Market Co...

Africa rising

A lot of resource investors stop listening to corporate presentations when they learn the company’s project is in Africa. More often than not the country risk of exploring for minerals in the “dark continent” (as Africa was known to 1...

Capitalizing on Positive Catalysts in Today’s Gold Market

Canadian mineral exploration Company Grande Portage Resources Ltd. ( TSX-V:GPG , FSE: GBP, OTCQB: GPTRF ) is focused on the Herbert Gold discovery situated approximately 25 kilometres north of Juneau, Alaska. In this video, Arne Gulstene, the head of TSX Company ...

Covid-19: Who, what, when, where and why

If there is one thing we know about the coronavirus, it’s that getting a jump on it helps to limit the number of infections. Clearly the best time to stop this, and all outbreaks, is in its early stages. Both China and the United States have been accused of...

Daily Gold News: Friday, June 5 – Gold Selling Off After Nonfarm Payrolls’ Positive Surprise

The gold futures contract gained 1.33% on Thursday, as it retraced most of its Wednesday’s decline of 1.7%. On Monday the price has reached slightly above $1,760 and Wednesday’s daily low fell at $1,690.30. Gold is still trading within a mediu...

Shares Rise as The Medicines Company Reports Positive Topline Results...

Shares Rise as The Medicines Company Reports Positive Topline Results from Two Phase 3 Cholesterol Trials The Medicines Company's shares are trading 8.5% higher today after the firm reported positive results from two phase 3 studies for inclisiran, one for familial hype...

Sangamo and Pfizer Report Positive Results for Hemophilia A Study

Sangamo Therapeutics and partner Pfizer reported positive results for phase 1/2 Alta study for hemophilia A at the International Society on Thrombosis and Hemostasis Congress in Melbourne, Australia. Sangamo Therapeutics Inc. (SGMO:NASDAQ) shares are up...

Regeneron Reports Positive Phase 3 Dupixent Data; Gains EU Approval Recommendation

Regeneron Pharmaceuticals published positive results from two U.S. Phase 3 trials evaluating the safety and efficacy of Dupixent (dupilumab) in adults with recurring severe chronic rhinosinusitis with nasal polyps. The European Medicines Agency's Committee for Medicinal Produc...
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