TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would eventually need to consider how to normalize its ultra-easy monetary policy.But he reiterated that it was too early to debate specific means to whittle down stimulus with inflation distant from the BOJ’s 2 percent target.“I think the process of any shift (from easy policy) would be cautious a...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
The metals continue to trade in arange and now that range is narrowing, indicating a big move is on the horizon.The only question is which way -- just like Elmer Fudd in the Bugs Bunnycartoons, which way did he go?Congestion is the toughestpattern to read because the markets continue to make a series of double topsand double bottoms. The congestion phase can easily be named the confusionphase beca...Read More
Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More
Mr. Vishal Gupta reportsCALIFORNIA GOLD ANNOUNCES MORE HIGH-GRADE ASSAYS FROM NEW DISCOVERY AT QUEEN SPECIMEN ZONE - INTERSECTS 22.91 G/T AU ACROSS 1.8 M, HOSTED WITHIN A BROADER ZONE GRADING 4.67 G/T AU ACROSS 14.9 M AT FREMONTCalifornia Gold Mining Inc. has released the fifth set of assay results from the continuing resource drilling program at the Queen Specimen zone at its flagship Fremont pro...Read More
Mr. Peeyush Varshney reportsCANADA ZINC METALS ANNOUNCES METALLURGICAL RESULTS FROM THE CARDIAC CREEK DEPOSITCanada Zinc Metals Corp. has released results from new metallurgical test data on the 2017 drill core from its 100-per-cent-owned zinc-lead-silver Cardiac Creek deposit located on the Akie property in northeastern British Columbia.Highlights:Flotation testing on the global composite indicat...Read More
* Dollar eases versus currency basket, stocks firm * Palladium set for biggest one-day rise in 3 months * GRAPHIC-2018 asset returns: (Updates prices, headline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, April 9 (Reuters) - Gold prices rose onMonday as the U.S. dollar turned lower, but caution over theprospect of a potential escalation in the China-U.S. tradedispute, upcoming U.S. data and U...Read More
SHANGHAI, April 9 (Reuters) - The yuan gave up early gainsand weakened against the U.S. dollar on Monday after BloombergNews reported China is evaluating the potential impact of agradual yuan depreciation as a tool in the escalating tradedispute with the United States. The report, which cited unidentified sources familiar withthe matter, triggered a sudden sell-off in the Chinese currencyin aftern...Read More
SHANGHAI, Apr 8 (SMM) – A listed lithium smelter in south-west China's Sichuan province shut down its production for maintenance at the end of March, sources told SMM. This is likely to affect 800 mt of lithium carbonate supply and may offer some support for the decreasing prices, according to SMM’s calculation For editorial queries, please contact Daisy Ts...Read More
CloseGain/LossGold $1337.30+$4.30Silver$16.50+$0.14XAU81.05-0.60%HUI175.74-1.04%GDM613.89-0.36%JSE Gold1111.01-7.05USD89.84-0.26Euro123.21+0.38Yen93.71+0.10Oil$63.42+$1.3610-Year2.780%+0.003T-Bond146.09375+0.0625Dow23979.10+0.19%Nasdaq6950.34+0.51%S&P2613.16+0.33% The Metals: Gold fell $6.10 to $1326.90 in London, but it then rallied back higher in New York and ended near its late sessio...Read More
Jim Bianco, president of Bianco Research, LLC, joins the team to talk bonds, the Fed and much more.1:00 Where are rates going?5:51 The Fed and the Heisenberg principle11:07 Potential consequences of a decade of interest rate price control15:10 The significance of a three percent 10-year yieldJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a...Read More
By Ira EpsteinGold going sideways.https://www.iraepstein.com/ Read More
Part 1 (part 2 below)Part Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight bo...Read More
Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed and interpreted this company's recent drill results. In the field.In an April 4 research note, Canaccord Genuity analyst Eric Zaunscherb reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS) released the stepout drill results from the Marathon gold deposit and Sprite zone bog area, which "provide further evidence of a large-scale...Read More
COLORADO SPRINGS, Colo., April 09, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced the northwest expansion of the Arista Mine's Arista vein system with twelve additional step-out and infill drill holes. Intercepts include 2.00 meters of 6.68 grams per tonne (g/t) gold and 864 g/t silver; 2.08 meters of 1.98 g/t gold and 1,583 g/t silver;...Read More
?>>?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political ca...Read More
A Monday Morning Musing from Mickey the Mercenary GeologistContact@MercenaryGeologist.comApril 9, 2018 This is no April Fools' joke, folks: Trump's tweets and threats on trade tariffs are treating us to tremendous turmoil in the financial sector. Some investors are visibly nervous given the recent downturn and a doubling of market volatility. However, let's put some levity on the current situa...Read More
Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver.Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more...Read More
Readers know that I have beaten this drum alltoo often. Gold’s major fundamental driver is declining or negative real rates.There is a strong inverse correlation because Gold is money. That’s what JPMorgan said and he’s far more qualified to understand than quotable celebritieslike Mark Cuban. But I digress. When real rates are increasing or stronglypositive (during most of the 1...Read More