Global News

Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has announced that it has raised £2 million (before expenses) by way of an oversubscribed placing of 200,000,000 new ordinary shares of no par value in the capital of the compmay, with new and existing shareholders in the Company at a price of 1 […]

Follows positive August results. Explorer-developer Premier African Minerals (LSE:PREM) has announced that it has amassed a multi-commodity suite of assets in Africa. In late August 2013, PREM released positive results from a Preliminary Economic Assessment (PEA) and concept mining study on the flagship RHA tungsten (WO3) project in Zimbabwe. The PEA envisaged a six-year operation […]

Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]

A number of years ago I was privileged to work alongside a recently retired U.S. Army “Bird Colonel.”  Had he not retired, his next rank would have been Major General.  I consider him one of my mentors.  Perhaps the greatest lesson that he taught me was that, “You do not have to fight every battle. […]

Normally, I try to ignore rumors, but this one is simply too big to ignore.  The word on the street is that Intel (NASDAQ:INTC) has entered into M&A talks with the world’s leading chip designer, the UK’s own ARM Holdings (LSE:ARM).  ARM’s share price has risen over the past week from 960.0 on 18 September […]

Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; So the Fed didn’t move. A no-show for T-day. Markets surprised, with few expecting nothing at all, most seeing at least some reduction in order to maintain credibility after all that build up to Sep-taper (last time I use […]

We’ve been following Gulf Keystone Petroleum (LSE:GKP) on a regular basis for some time now, believing that its potential reward for long-term investors could be substantial.  Oil and gas sector stocks are not for the faint of heart, for sure, but we believe that it’s not the risk that is the important factor, it’s the […]

I was pondering the ups and downs of the FTSE 100 this morning as I was reading headlines from a couple of dozen newspapers.  One source said that waiting for this month’s imminent U.S. Federal Reserve announcement was holding the FTSE down.  Another said that the FTSE will reach 8,000.  The problem was that it […]

Summer has come and is almost gone.  Larry Summers, on the other hand has already come and gone.  I understand how the end of Summer affect the entire planet, but I am somewhat in the dark as to how the end of Summers is cited as the almost singular reason for world markets to be […]