Nov 10 (Reuters) - Wall Street's main indexes opened lower on Wednesday as a surge in U.S. consumer prices last month deepened fears that high inflation is here to stay.The Dow Jones Industrial Average fell 20.73 points, or 0.06%, at the open to 36,299.25.The S&P 500 opened lower by 14.99 points, or 0.32%, at 4,670.26, while the Nasdaq Composite dropped 132.70 points, or 0.84%, to 15,753.84 at...Read More
Nov 10 (Reuters) - Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets.Less than three years ago, a similar analysis by Reuters found car companies planned to spend $30...Read More
WASHINGTON, Nov 10 (Reuters) - U.S. consumer prices increased more than expected in October as the cost of gasoline and food surged, leading to the biggest annual gain since 1990, further signs that inflation could remain uncomfortably high well into next year amid snarled global supply chains.The consumer price index rose 0.9% last month after gaining 0.4% in September, the Labor Department said...Read More
Mr. David Stein reportsKUYA SILVER LAUNCHES SECOND DRILL PROGRAM AT SILVER KINGS PROJECT, ONTARIOKuya Silver Corp. has commenced a 2,000-plus-metre drill program at the Silver Kings joint venture, which is part of the company's larger Silver Kings project, located in the historical Cobalt silver mining camp in northeastern Ontario. This drill program is designed to test for high-grade silver-cobal...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) -TheU.S. labor market continues to improve albeit at a slower pace than expected.Thursdaythe U.S. Labor Department said that weekly jobless claims fell to a newpandemic low, dropping by 4,000 to 279,000....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 solidly higher and hit a nearly five-month high in early U.S.dealings Wednesday, following a hot U.S. inflation reading. There were also hotinflation numbers coming out of China Wednesday...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) -The gold market is seeing bullish volatility as consumer price pressures were significantly hotter than expected last month.Wednesday, the U.S. Labor Department said its U.S. Consumer Price Index rose 0...Read More
EMERYVILLE, Calif., Nov. 10, 2021 /PRNewswire/ -- Amyris, Inc. (Nasdaq: AMRS) ("Amyris"), a leading synthetic biotechnology company accelerating the world to sustainable consumption through its Lab-to-MarketTM operating platform, today announced that it has priced $600.0 million aggregate principal amount of 1.50% convertible senior notes due 2026 (the "notes"). The size of the offering was incre...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) - Analyst's at Credit Suisse have been analyzing the gold market for a potential direction. The team has put together a few scenarios in the bank's latest research note. The bank said "Gold remains...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 is trading lower heading into the European open. The price of the yellow metal has fallen -0.36% to reach $1825/oz. Silver is trading flat at $24.29/oz. In the rest of the commodities complex, cop...Read More
The Korelin Economics Report, Released on 11/10/21Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to share his technical outlook for gold, silver, and the PM stocks. Gold has been on a 1 week run higher ever since the last Fed meeting. The move higher is also being supported by higher inflation data released today and earlier this week. We also have Jordan comment on the rise in th...Read More
Stansberry Research, Released on 11/10/21Judge Andrew Napolitano is concerned for the future of America and discusses his view of a "lawless government," with our Daniela Cambone."It's terrifying to me that [the U.S. government's] behavior no longer shocks," he says. "It is the dulling of our sensitivities and sensibilities, between right and wrong, that terrifies me," Judge Napolitano states.Even...Read More
The Deep Dive, Released on 11/10/21Joining us again on the Daily Dive is Gareth Soloway of InTheMoneyStocks.com. Gareth joins us this afternoon to provide market commentary on a number of hot topics, including the Federal Reserve's recent announcement on tapering its bond purchases. He also shares his thoughts on bitcoin, gold, silver, and some of the trades he's monitoring.Gareth Soloway is a pro...Read More
YouTube/PeterSchiff, Released on 11/10/21Supply shortages exacerbated by consumers reading the inflation writing on the wall.Gas prices at the pump close to all time record highs in most of the country.Dollar is being propped up by taper.The crypto market has flipped the gold market.Joe Biden looks to replace Jerome Powell with Lael BrainardIs Elon Musk sending a message to government, or is he tr...Read More
Palisades Gold Radio, Released on 11/10/21Time Stamp References:0:00 - Intro0:32 - Gold & Silver Upturn?4:56 - Treasuries & Gold8:10 - Markets & Topping15:08 - Will Rates Rise?17:02 - Bitcoin Vs. Gold19:06 - 1970s Stagflation21:42 - Currency Replacements22:41 - Commodity Issues & Energy26:37 - Energy & Recession27:26 - Technicals & Time31:25 - A Flawed Yardstick34:44 - Momentum Structures36:48 - M...Read More
The LaRouche Organization, Released on 11/10/21While the globalists may be preparing to declare a Pyrrhic victory as their blab fest in Glasgow heads toward the end, the reality in the world is different than they believe. Many nations reject the fraudulent science the Davos elites have produced to bludgeon them into giving up their sovereignty. But the dynamic of history often proceeds in a diffe...Read More
Summit News, Released on 11/10/21Pharmaceutical giant Pfizer attempted to combat COVID misinformation by posting a meme to Twitter, but the results were predictably disastrous.Continue... Pfizer's Attempt at Winning the Meme War Backfires Disastrously added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
In The Money Stocks, Released on 11/10/21This pattern gives us a symmetrical target of $26.00.Continue... Nick Santiago: Silver Could Trigger A Big Inverse H&S Pattern Today added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 11/10/21Bill Gates has finally admitted that his vaccines neither prevent you from getting COVID nor Continue... Martin Armstrong: Bill Gates Admits At Last the Vaccines Do Not Work! added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
International Man, Released on 11/10/21Whenever you have a crisis-whether it's a military, political, economic, financial, or social crisis-the mob calls for strong leaders to kiss it and make it better.Continue... Doug Casey on How Governments Use Global Crises to Take More Control added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More