The gold rush has begun with a weekly breakout. The next major levels to watch are $1,880-$1900 December gold futures. The buying has been on volume giving two weeks of higher prices and higher volume. A pullback to 1840 would be no surprise, but it would be a buying opportunity.Silver looks very similar to gold and could launch farther and faster. There is no way to know for sure. However, the ne...Read More
Mr. John Mirko reportsROKMASTER ACQUIRES 5,326 HA OF MINERAL CLAIMS TARGETING AU-AG-PB-ZN-CU MINERALIZATION AT ITS NEW REVEL NORTH PROPERTYRokmaster Resources Corp. has substantially expanded is mineral claim holdings north of the main Revel Ridge project area. Newly acquired mineral tenures Downie (3,173 ha), Keystone (1,992 ha), and North (161 ha) claims overlie the portions of the historic Keys...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Bitcoin-U.S. dollar prices arehigher in early U.S. trading Monday. A price uptrend is in place on the dailybar chart. The Bitcoin bulls still have the solid overall near-term technicaladvantage, to sug...Read More
WASHINGTON, Nov 15 (Reuters) - In need of a political boost, President Joe Biden will sign a $1 trillion infrastructure bill on Monday at a ceremony expected to draw Democrats and some Republicans who were instrumental in getting the legislation passed.The measure is expected to create jobs across the country by dispersing billions of dollars to state and local governments to fix crumbling bridges...Read More
LONDON, Nov 15 (Reuters) - Royal Dutch Shell (RDSa.L) said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company, which long faced questions from investors about its dual structure and had recently been hit by a Dutch court or...Read More
LONDON, Nov 15 (Reuters) - The euro touched a May 2020 low against the safe haven Swiss franc on Monday, and the dollar hovered around a 16-month high as U.S. inflation raised bets on a Federal Reserve interest rate hike.With inflation fears rising and concerns over the COVID-19 pandemic pressuring global economic growth, the Swiss franc hit 1.0530 against the euro overnight, its highest level ver...Read More
* Gold set to break a seven-session winning streak* UBS sees weaker silver price with the Fed's policy normalisationNov 15 (Reuters) - Gold prices traded in a narrow range on Monday following a recent inflation-driven rally, with a weaker dollar and a pullback in U.S. bond yields limiting losses in bullion.Spot gold was little changed at $1,864.85 per ounce by 1308 GMT, while U.S. gold futures eas...Read More
Nov 15 (Reuters) - U.S. stock indexeswere set to rise on Monday as economically resilient sectorsbenefited from inflation jitters, while investors awaited a slew of retail earnings and economic data this week to gauge the health of consumer spending.The three major Wall Street indexes had fallen between 0.3% and 0.7% last week on concerns over high inflation and weakening consumer sentiment. Inves...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Gold prices are trading in relatively neutral territory,holding near a five-month high as the New York Federal Reserve reportedstronger than expected activity in its regional manufacturing sector.Monday...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Goldprices are slightly higher in early U.S. trading Monday and did poke to anotherfive-month high. Gold and silver bulls remain in technical control amidnear-term price uptrends firmly in place. Fears...Read More
FRANKFURT (Reuters) -Tightening monetary policy now to rein in inflation could choke off the euro zone's recovery, European Central Bank President Christine Lagarde said on Monday, pushing back on calls and market bets for tighter policy.With inflation already twice its 2% target and likely rising further later this year, the ECB is coming under increased pressure to abandon its ultra easy monetar...Read More
Mr. Marco Roque reportsCASSIAR GOLD INTERSECTS 45.5 M OF 2.40 G/T AU, 45.6 M OF 1.83 G/T AU AND 35.5 M OF 1.59 G/T AU FROM BULK-TONNAGE TAURUS DEPOSIT AT CASSIAR NORTHCassiar Gold Corp. has released assay results from four of 15 diamond holes drilled at the Taurus deposit, located in the Cassiar North project area of the company's flagship Cassiar gold property in Northern British Columbia, Canada...Read More
(Recasts, updates prices, adds market details)LONDON, Nov 15 (Reuters) - Copper fell on Monday as datashowed weakness in China's property sector, Chinese coal pricesplunged, the U.S. dollar strengthened to a 16-month high and asupply squeeze on the London Metal Exchange (LME) continued toease.China is the biggest consumer and producer of metals. Lesshomebuilding would reduce demand, and lower coal...Read More
Gold Royalty Corp. Provides Royalty Portfolio UpdateCanada NewsWireVANCOUVER, BC, Nov. 15, 2021Read More
Company Website: https://www.newfoundgold.caVANCOUVER, British Columbia -- (Business Wire)New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG, NYSE American: NFGC) is pleased to announce that it has entered into three royalty purchase agreements (the "Royalty Purchase Agreements") with arm's length royalty holders (together, the "Vendors" and each, a "Vendor"), whereby New Found will pu...Read More
Bob Moriarty ArchivesNov 15, 2021I make it crystal clear in my investment books Nobody Knows Anything and Basic Investing in Resource Stocks that there is no magic to investing if you follow a reasonable set of rules. As I have so accurately pointed out just recently, predicting the future of any price movement can be fraught with problems. However looking at a map to see just where you are today...Read More
Stansberry Research, Released on 11/15/21We've entered upon something I've called "The Greater Depression," where inflation will get much worse, says Doug Casey, New York Times best-selling author and host of the Doug Casey's Take podcast. The value of the dollar and other currencies are being actively destroyed, he tells our Daniela Cambone, at the fault of governments and central banks."The stoc...Read More
Kitco News, Released on 11/15/210:00 - Inflation6:06 - Labor market10:10 - Living standards15:22 - Automation16:40 - Fed tapering18:29 - Biden's Infrastructure Bill24:55 - Gold26:49 - Carbon royalty company Mr. Tucker is a director of Metalla Royalty and author of "Why Gold, Why Now" in addition to writing The Casey Report, a monthly investment advisory founded by legendary resource speculator Do...Read More
Kitco News, Released on 11/15/21The problem with the "inflation is transitory" argument is that it overlooks the growth in money supply, said Willem Middlekoop, founder of Commodity Discovery Fund.Middlekoop spoke to Kitco on Friday at the Deutsche Goldmesse show in Frankfurt, Germany.https://www.kitco.com/commentaries/20... The Biden administration and Fed officials have stated that inflationary...Read More
Armstrong Economics, Released on 11/15/21If you are wondering WHY Bill Gates has admitted that the vaccines do not work, he is preparing Continue... Armstrong: Bill Gates is preparing to release a Vaccine 2.0 to enslave us all added by Herman James on 11/15/2021View all posts by Herman James ?+'Read More