The gold miners’ latestquarterly earnings season will soon get underway, with their full Q3’21 resultsdue out by mid-November. These fundamentalreports are invaluable to traders, revealing how companies are actually faringoperationally and financially. Despite Fed-tighteningfears hammering gold and gold stocks last quarter, the miners are likely to collectivelyreport outsta...Read More
You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree, silver, those flavors are cyclical).But you also see, gold is counter-cyclical in its best suit. You see on this monthly chart that gold has been forming its Handle to the bullish Cup ever since the...Read More
The gold miners’ latestquarterly earnings season will soon get underway, with their full Q3’21 resultsdue out by mid-November. These fundamentalreports are invaluable to traders, revealing how companies are actually faringoperationally and financially. Despite Fed-tighteningfears hammering gold and gold stocks last quarter, the miners are likely to collectivelyreport outsta...Read More
You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree, silver, those flavors are cyclical).But you also see, gold is counter-cyclical in its best suit. You see on this monthly chart that gold has been forming its Handle to the bullish Cup ever since the...Read More
The gold miners’ latestquarterly earnings season will soon get underway, with their full Q3’21 resultsdue out by mid-November. These fundamentalreports are invaluable to traders, revealing how companies are actually faringoperationally and financially. Despite Fed-tighteningfears hammering gold and gold stocks last quarter, the miners are likely to collectivelyreport outsta...Read More
You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree, silver, those flavors are cyclical).But you also see, gold is counter-cyclical in its best suit. You see on this monthly chart that gold has been forming its Handle to the bullish Cup ever since the...Read More
Subscribe to Kitco Roundtable on iTunes Innovation is relentless in the electric vehicle space, particularly around material substitution due to worries about reliability of supply, but original equipment manufacturers need time to adjust to new processes, said Dr. Soroush Nazarpour, founder and CEO of NanoXplore (TSE:GRA). On Friday Nazarpour recorded Kitco Roundtable with Mining Audiences Manage...Read More
Equinox Gold Files Technical Reports for Fazenda and RDM MinesCanada NewsWireVANCOUVER, BC, Oct. 22, 2021Read More
Mr. Xavier Braud of Benz Mining reportsBENZ MINING CORP. ANNOUNCES PROPERTY PAYMENT Benz Mining Corp. has made a $260,000 payment, of which $150,000 was paid in cash and the balance by the issuance of 174,658 shares, to Fury Gold Mines Ltd. This payment is in accordance with the terms of the option agreement dated Aug. 7, 2019, as amended on April 30, 2020, between Benz and Eastmain Resources Inc....Read More
Today is the perfect example of how enhanced inflationary pressures and the reaction to higher inflationby the Federal Reserve create cross-currents that take gold higher as well aspressure pricing lower. Gold futures basis most active December contract openedtoday at $1783.70. Continued concern about mounting inflationary pressures tookgold prices substantially higher with the precious yellow met...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) - As a gold investor, if you were expecting an easyend to what has been another relatively quiet week, you were unfortunatelymistaken.The day started with plenty of optimism in the precious metal market...Read More
An anonymous director reports I-80 ANNOUNCES FILING OF THE RUBY HILL PROJECT TECHNICAL REPORTi-80 Gold Corp. has filed a technical report prepared for the Ruby Hill project, in accordance with Canadian Securities Administrators' National Instrument 43-101. The report may be found on the company website and under the company's profile on SEDAR. The independent report, dated Oct. 22, 2021 (effective...Read More
Kitco MEDIA ? The Metals, Money, and Markets Weekly by Mickey Fulp - October 22, 2021By Mickey FulpContributing tokitco.com Follow @KitcoNewsNOWcontact@mercenarygeologist.comwww.themercenarygeologist.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided...Read More
(Reuters) - Two early investors in blank-check company Digital World Acquisition Corp. sold their holdings as news emerged that it was merging with former President Donald Trump's new media venture.Hedge fund manager Boaz Weinstein, who runs Saba Capital Management, and Lighthouse Investment Partners, said they had exited without giving a precise time for the sales or price at which they cashed ou...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 growing inflation threatremains the most extensive support for the gold market as analysts see thepotential for prices to test critical resistance around $1,830 in the nearterm.Friday morning, gold...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 grade or concentration ofa mineral or metal in ore directly affects costs associated with mining as wellas its subsequent beneficiation and extraction of precious components.Kitco ranked currently...Read More
NEW YORK (Reuters) - Options traders are showing little fear that U.S stocks will turn volatile in coming weeks, even as the Federal Reserve appears set to announce an unwind of the easy money policies that helped equities double from last year's lows.The Cboe Volatility Index, known as Wall Street's fear gauge, recently stood at 15.52 after closing at a post-pandemic low of 15.01 on Thursday.The...Read More
BRASILIA, Oct 22 (Reuters) - Brazil’s currency and stocks extended losses on Friday following an exodus of senior Treasury officials after the government announced plans to ramp up spending ahead of next year’s election.The two most senior Treasury officials and their two deputies submitted their resignations on Thursday “for personal reasons,” according to the Economy Mini...Read More
Whatis the next market to see a short squeeze? That is the question I have beenasked most by clients this week. Shortages have been popping up everywherewithin supply chains, especially where inventory remains low and bottlenecks indistribution occur. Multiple commodities such as Oats, Cotton, Crude Oil, andGasoline have rallied double-digit percentage gains this month. I know you arethinking, whe...Read More
(Reuters) -Federal Reserve Chair Jerome Powell on Friday said the U.S. central bank should start the process of reducing its support of the economy by cutting back on its asset purchases, but should not yet touch the interest rate dial."I do think it''s time to taper; I don''t think it''s time to raise rates," Powell said in a virtual appearance before a conference, noting that there are still fiv...Read More