By Ira EpsteinGold higher off of Gary Cohn resignation as top economic to President Trump in late afternoon announcement.http://iraepstein.com/ Read More
The Fed says incessantly that "price stability" is part of their dual mandate and they are committed to maintaining the purchasing power of the dollar. But the Fed has a funny definition of price stability.Continue...Read More
The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached Continue...Read More
"This is one of the most prejudiced and strange judgments I have read. Not completely unexpectedly dictated by two lay judges. Still no one in chargeContinue...Read More
The age of the American aircraft carrier's domination could be ending soon unless the U.S. creates defenses for the next generationContinue...Read More
The Fed says incessantly that "price stability" is part of their dual mandate and they are committed to maintaining the purchasing power of the dollar. But the Fed has a funny definition of price stability.Continue...Read More
Legendary investor Rick Rule, Chief Executive Officer, Sprott US Holdings, speaking ahead of his appearance at Mines and Money Asia, is positive on gold equities for 2018."I am bullish on precious metals equities and specifically gold equities. Precious metals equities are reasonably priced and within this gold equities relatively underperformed in 2017. In 2018 I expect gold equities to play catc...Read More
CloseGain/LossGold $1319.60-$2.30Silver$16.43-$0.08XAU79.10+0.44%HUI174.35+0.78%GDM603.42+0.25%JSE Gold1108.17+0.60USD90.00+0.06Euro123.36+0.08Yen94.25-0.41Oil$62.57+$1.3210-Year2.884%+0.024T-Bond143.96875-0.46875Dow24874.76+1.37%Nasdaq7330.70+1.00%S&P2720.94+1.10% The Metals: Gold gained $5.80 to $1327.70 in Asia before it dropped back to $1317.40 by midafternoon in New York, but it then...Read More
The Italian election will have an impact on the euro and will also affect decision making among Eurozone members. Merkel gets a fourth term in Germany. I do not foresee a sustainable government in Germany. Merkel's pro migrant chant will reduce if she needs to stay in power. Even new Italian leaders will support the need to take in less migrants. Less migrants implies less chaos and lawlessness...Read More
Ontario's Minister of Northern Development and Mines, Michael Gravelle, announced today that the Northern Ontario Heritage Fund Corporation will provide funding to companies developing innovative technology for mining projects in the northern section of the province.Talking at the Prospectors and Developers Association Convention in Toronto, Gravelle said that by supporting such ventures his offic...Read More
South Africa's Directorate for Priority Crime Investigation arrested 33 people that were illegally extracting gold at the rehabilitated Ellerton mine, just outside the northeastern town of Giyani.In a joint operation that involved the Serious Organised Crime Investigation Unit?EUR? the Department for Mineral Resources?EUR? the Provincial Organised Crime Unit?EUR? Public Order Police?EUR? the Air W...Read More
Source: Clive Maund for Streetwise Reports 03/02/2018Urban mining is the wave of the future and is getting greater recognition with one urban mining company making the final four for the #Disrupt Mining Innovation Expo prize that will be awarded on Sunday, says technical analyst Clive Maund.Related companies Enviroleach and Mineworx Tech were recommended again this morning in Four Resource Sto...Read More
Stocks finished with a bang today, boosted by upbeat manufacturing data andeasing concerns of a trade war. After being down more than 150 points in early trading, the Dow finished over 330 points higher -- snapping its four-day losing streak -- with help from a strong session for Caterpillar (CAT) stock. The S&P 500 and Nasdaq enjoyed big days as well, as oil's best day in three weeks lifted energ...Read More
(Kitco News)- After four years of belt-tightening, the mining sectoropened up its purse string, allocating more funding for exploration programs,which gold companies leading the way, according to a report from S&P GlobalMarket Intelligence.The report released Monday, during the 2018 2018 Prospectors& Developers Association of Canada (PDAC) convention, showed that Globalspending on explorat...Read More
MEXICO CITY (Reuters) - The latest round of talks to revamp the North American Free Trade Agreement will conclude without a joint written statement from the United States, Canada and Mexico, like the last round, two sources with knowledge of the matter said on Monday.Canadian Foreign Minister Chrystia Freeland, Mexican Economy Minister Ildefonso Guajardo and U.S. Trade Representative Robert Lighth...Read More
(Reuters) - The U.S. government on Sunday ordered Qualcomm Inc (QCOM.O) to delay its March 6 shareholder meeting, a highly unusual request that cast doubt on Singapore-based Broadcom Ltd’s (AVGO.O) $117-billion hostile bid for its U.S. semiconductor peer.The intervention highlights growing U.S. concerns about safeguarding semiconductor technology. The Committee on Foreign Investment in the U...Read More
(Kitco News)- Advances in mineral exploration appear to be moving at abreakneck pace and mining industry leaders think 3D drilling and mapping technologyhas the potential to disrupt the mining sector.Acoustic Zoom, with its innovative ultra-high-frequency 3Ddrill hole seismic imaging technology, impressed a panel of judges atGoldcorp’s #Disruptmining event during the 2018 Prospectors & D...Read More
The "TheFuture of Gold Market in Canada (H1 2018) - Supply, Demand, MarketValue, Infrastructure and Competition in Canada Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.The Future of Gold Market in Canada report is a comprehensive analytical work on Canada Gold markets. The research work strategically analyzes the Canada market, assessing the future trends, d...Read More
TORONTO/HOUSTON (Reuters) - Chevron Corp is exploring options including the sale of a minority stake in its Canadian liquefied natural gas (LNG) project as it pushes ahead, three people familiar with the matter told Reuters.Among the parties in talks with Chevron for a possible stake in Kitimat LNG are Petroliam Nasional Bhd [PETR.UL], or Petronas, which scrapped its own $36 billion LNG project in...Read More
The Nasdaq is surging higher today, thanks to another strong showing for healthcare stocks. Three names in particular making notable moves are Atara Biotherapeutics Inc (NASDAQ:ATRA), GTx, Inc. (NASDAQ:GTXI), and Dermira Inc (NASDAQ:DERM) Let's take a closer look at what's moving shares of ATRA, GTXI, and DERM. Jefferies Thinks Atara Can Deliver On MS DrugAtara Biotherapeutics stock is trading 9.3...Read More