Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Editor...Read More
Mr. Matthew Hornor reportsMAPLE GOLD RECEIVES PERMITS AND RAMPS UP DRILLING AT DOUAYMaple Gold Mines Ltd. has provided an update on the current drill campaign at the Douay gold project. Maple Gold has received three of the four requested permits and anticipates receiving its final permit very shortly. Two diamond core drills (DDH) are now testing infill and stepout holes and a third drill rig has...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.China...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 71.9 G/T AU OVER 2.9 METRES AT LYNXOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban ownship, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and around...Read More
* Bank leaves base rate at 0.9 pct as expected* Overnight deposit and lending rates also unchanged* Central bank keeps policy loose, inflation below target* Monitors relative position of HUF yields to euro zone By KrisztinaThanBUDAPEST, Feb 27 (Reuters) - Hungary's central bank left its main interest rates unchanged at record lows on Tuesday, as expected, holding onto its set of unconventional to...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.On Mon...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 high-speed sell-off that rattled U.S. stocks during the two-week stretch from late January through early February resulted in a drop of 12.2% for the PowerShares QQQ Trust (NASDAQ:QQQ), measuring from its Jan. 26 intraday peak to its Feb. 9 intraday low. The magnitude of the decline was sufficient to bring QQQ briefly back in touch with a couple of longer-term, "under the radar" daily moving a...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company posted full year profit that missed expectations and anticipated higher costs.The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, said that earnings before interest, tax, depreciation, and amortization increased by 2.7% to $1.06 billion in 2...Read More
Gold has shown weak trending activity despite some "goldbug" predictions. However there are some bullish signals that suggest a slow breakout higher. Daryl Guppy Published 21 Hours AgoUpdated21 Hours AgoCNBC.com The defining feature of the gold price chart is that it has taken so long to go nowhere. Gold appears to have slipped into a zombie state, largely unmoved by a weaker dollar, or interest...Read More
(Adds details)Feb 27 (Reuters) - Precious metals miner Fresnillo Plc on Tuesday posted a 3.2 percent rise in annual profit, helped mainly by a record silver production.Silver production rose 16.6 percent to 58.7 million ounces in the year ended Dec. 31, as the first phase of San Julian silver and gold mine in Mexico operated at full capacity for the first full year.Gold production for the year fe...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and S&P 500 finished higher for the third straight day.Even with its big jump on Monday, the Dow remains more than 900 points from its all-time high set on Jan. 26.Federal Reserve Chairman Jerome Powell on Tuesday will deliver his first testimony before Congress since he took over from Janet...Read More
Gold and oil rise, dollar steady, ruble gains on S&P upgradeFed Chair Jerome Powell is due to speak on Tuesday, ThursdayPaul Richards of Medley Global Advisors and Nick Bennenbroek of Wells Fargo discuss monetary policy expectations.U.S. stocks rose to a nearly four-week high Monday as continuing gains in Treasuries pushed yields further below 2.9 percent, alleviating investor angst that higher ra...Read More
3 Hot Things to Know About Markets Right Now Warren Buffett might have said more than people think in his latest annual letter to Berkshire Hathaway (BRK.A) shareholders.General Electric (GE) will take a big profit hit as it restates its earnings for 2016 and 2017.Jefferies says it only sees the S&P 500 rising 3.9% this year to 2,855. Market Snapshot U.S. stocks are set to extend last...Read More
This month's stock market correction is still fresh in everyone's mind. Many have even begun to wonder if the era of dark money was truly over.How will the recent correction affect the Fed's dark money policies?The consensus explanation for the correction was that inflation was rising and that would precipitate faster rate increases. The Feb. 2 unemployment report gave the impression that higher...Read More
Markets were up again big today and volatility was down. But we haven't seen the last of rising volatility, nor of the central banks' attempts to thwart it.This week, new Fed Chair Jerome Powell will be giving his first congressional testimony, and you can be sure that markets are waiting on his words with bated breath.Before his testimony, the Fed will be releasing its Monetary Policy Report, whi...Read More
I've mentioned previously that I believe the recent stock market correction would provide us with buying opportunities in a frothy market for cannabis companies.Sure enough, that's exactly what's unfolding before us.And nowhere is that truer than in the pharmaceutical business.We've spent a lot of attention on the big trend of legalized weed in recent months. It's a major shift that's going to con...Read More
He did it! ...And Wall Street still doesn’t believe it.I’m talking of course about the corporate tax cuts that the Trump Administration pushed through Congress, and the positive effect that this new tax bill has already had on American companies and American investors.Sometimes I don’t know whether to laugh or cry when I see how Wall Street and the mainstream media is covering th...Read More