While most energy prices have fallen since the start of the year, gasoil is proving to be a surprising exception. Despite Brent crude oil being 14% cheaper, the next-due gasoil contract on the Intercontinental Exchange is currently trading at just under $750 per ton, marking a 7.5% increase since January.Accordingly, the…
Famed investor Jim Cramer is sounding the alarm – not of danger, but of opportunity.In a recent segment, the veteran market commentator urged investors to reconsider beaten-down packaged goods stocks, arguing that the sector may be nearing a cyclical bottom.Among his top picks: Procter & Gamble (NYSE: PG) and Kimberly-Clark…
China’s appetite for US soybeans has waned just weeks after Washington declared a breakthrough in trade relations.Despite the easing of import tariffs and removal of key bans on American suppliers, shipments have come to a near halt.According to a Bloomberg exclusive, this unexpected drop follows Beijing’s initial flurry of purchases…
Is gold’s price pullback a buying opportunity, or the end of its run? Omar Ayales of Gold Charts R Us weighs in, saying either scenario is possible. He’s watching factors like the US dollar’s performance in order to determine what comes next. Securities Disclosure: I, Charlotte McLeod, hold no direct…
Dow futures inched a bit higher on Wednesday, up around 0.1% or 80 points after the Dow Jones Industrial Average hit a record high the day before.The good vibes came from growing optimism over a possible US government funding deal and solid showings from big names like Walmart and McDonald’s.Still,…
Development-ready gold asset in premier mining jurisdiction with funded advancement plan; preparing to initiate project-development and exploration drill program Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce that, following the completion of its $8 million bought-deal financing, the Company has…
Discovery of uranium mineralization in ideal geological setting, supported by regional radiometric anomaly, confirms large Rossing-style target ReeXploration Inc. (TSXV: REE) (FSE: K2I0) (‘ReeXploration’ or the ‘Company’) is pleased to announce the identification of a significant new uranium exploration target at its Eureka Project (‘Eureka’ or the ‘Project’), located in…
Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce the completion of the first phase of drilling at the La Union gold and silver Project in Sonora, Mexico. A total of 12 diamond core holes were completed for a total of just…
Jordan Roy-Byrne, CMT, MFTA, editor and publisher of the Daily Gold, discusses how long the gold and silver correction could last, and how high prices could go once it’s over. ‘We’re in a new secular bull market, we’re going much higher. We’re really overbought right now, so we’re going to…
Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX: OM,OTC:OMZNF ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. New analytical results are presented below (see Table 1),…