Mr. Matthew Gili reports I-80 COMPLETES PEA FOR GRANITE CREEK, NEVADAi-80 Gold Corp. has released the results of a preliminary economic assessment (PEA) for the company's Granite Creek project located in Humboldt county, Nevada.The technical report has also been filed with Canadian Securities regulators and can be found at the i-80 website and under the company's profile on SEDAR.Highlights of the...Read More
Nov 9 (Reuters) - The U.S. government will buy another $1 billion worth of the COVID-19 pill made by Merck & Co Inc (MRK.N) and partner Ridgeback Biotherapeutics, the companies said on Tuesday.The government in June agreed to buy 1.7 million courses of molnupiravir for $1.2 billion and is now exercising options to buy 1.4 million more.That brings the total secured courses to 3.1 million and wo...Read More
Nov 9 (Reuters) - The U.S. Federal Reserve looks at a wide range of indicators in gauging how close the economy is to reaching full employment, Fed Chair Jerome Powell said on Tuesday, as he reiterated the benefits of targeting workers who often remain on the sidelines."When we assess whether we are at maximum employment, we purposely look at a wide range of indicators," Powell told a vi...Read More
Nov 9 (Reuters) - When Elon Musk asked his Twitter followers last weekend if he should sell 10% of his Tesla Inc (TSLA.O) stock, he said he was posing the question because "much is made lately of unrealized gains being a means of tax avoidance."Yet the timing of his upcoming stock sale could solve a major tax headache for himself and save Tesla billions of dollars from its own tax bill b...Read More
* U.S. CPI data due on Wednesday* U.S. yields slip, dollar weakensNov 9 (Reuters) - Gold prices held near a two-month high on Tuesday, drawing support from lower U.S. yields in the run-up to data that could shed more light on the U.S. inflation picture.Spot gold inched up 0.05% to $1,825.25 per ounce by 1334 GMT, around $2 shy of its Sept. 7 high. U.S. gold futures for December delivery gained 0.0...Read More
(Reuters) -U.S. stock indexes were set to open mixed on Tuesday after data showed a solid rise in producer prices last month, while General Electric surged on its plan to split into three public companies.Data from the Labor Department showed U.S. producer prices increased sharply in October, indicating that high inflation could persist for a while amid tight supply chains related to the pandemic....Read More
LONDON, Nov 9 (Reuters) - Britain's economy risks stagnation and sticky inflation over the coming years due to persistent supply-chain bottlenecks and headwinds from Brexit, the National Institute of Economic and Social Research (NIESR) think tank warned on Tuesday.Inflation is on course to hit around 5% next year, while Britain's economy looks set to grow by only 1.7% in 2023 and 1.3% in 2024 aft...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 and silver prices are slightly lower in early U.S. trading Monday, on routinedownside corrections after recent gains. The precious metals bulls still have someupside momentum. December gold was las...Read More
FRANKFURT (Reuters) - Euro zone inflation is likely to fall back below 2% late next year but the European Central Bank should prepare for a less benign scenario, avoiding long policy commitments as upside risks dominate, Dutch policymaker Klaas Knot said on Tuesday.Inflation rose above 4% last month, more than twice the ECB's 2% target. But the bank has pushed back on calls for tighter policy, arg...Read More
Nov 9 (Reuters) - General Electric (GE.N) said on Tuesday it would spilt into three public companies, as the storied U.S. industrial conglomerate seeks to simplify its business, pare down debt and breathe life into a share price battered over several years.The split marks the end of the 129-year-old conglomerate that was once the most valuable U.S. corporation and a global symbol of American busin...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 remains in striking distance of a criticalresistance point but is not seeing much traction following slightly weaker thanexpected wholesale inflation pressures. Tuesday,the U.S. Labor De...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) - German ZEW economic sentiment data for November jumped to 31.7 from the previous reading of 22.3. This is also much higher than the economist's expectations of 20.0. Importantly this data point is a&nb...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 pretty much flat leading into the Europen open. The yellow metal is trading at $1823/oz while silver (-0.20%) is holding at $24.37/oz. In the rest of the commodities complex, copper (-0...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 9, 2021 Is gold’s long-awaited surge to $3000 an ounce finally underway?Are all the traffic lights green? Please click here now. Throughout the Western world (and China too), ageing populations need a lot of medical care, and the only government and central bank “solution&r...Read More
Gold Silver (w/ Mike Maloney), Released on 11/9/21"Something is going wrong constantly, there's cracks developing in the system." Join Mike Maloney as he delivers further evidence of something big developing behind the scenes of the Federal Reserve Banking System.Link to article discussed: https://wallstreetonparade.com/2021/10/quietly-the-fed-releasesDownload Mike's best-selling book for free her...Read More
David Moadel, Released on 11/9/21Contact me at [email protected]David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style. d...Read More
Ron Paul Liberty Report, Released on 11/9/21With gasoline and diesel prices at a seven year high and inflation raging, the Biden Administration's plummet in the polls continues. The lofty aspirations of those pushing a "green agenda" - with shutdowns of pipelines - is meeting the hard reality of a country on the economic brink. Who will blink? Also today: Dissent within Fauci's ranks, State Farm s...Read More
The LaRouche Organization, Released on 11/9/21The genocidal intent behind the "climate change" puppeteers was on display yesterday, as they discussed how to reduce carbon emissions which result from farming! This discussion occurred as the World Food Program director Beasley reported that 45 million people face starvation, with Afghanistan at the top of the list. Klaus Schwab says the intent to im...Read More
Palisades Gold Radio, Released on 11/9/21Time Stamp References:0:00 - Introduction0:35 - Powell QE Taper1:53 - Risk-On in Equities4:57 - Seasonal Rallies6:10 - Dollar Effects & Gold10:13 - Dollar Confidence12:26 - Focus on Price13:56 - Silver16:23 - Energy & The Miners19:54 - Dr. Copper & Commodities21:27 - Inflation & Input Costs23:01 - News & Pullbacks25:06 - Equity Bull Run & Risk26:40 - Traili...Read More
RT, Released on 11/9/21In this episode of Keiser Report, Max and Stacy look at the economics of rug pulls and what that may look like on a global economy-wide scale. In the second half, Max chats to market analyst and Levy Institute researcher Marshall Auerback about inflation, shortages, and money printing.Marshall Auerback has over 20 years of experience in the investment management business. He...Read More