"How did you go bankrupt?" Bill asked."Two ways," Mike said. "Gradually and then suddenly."- "A Farewell To Arms" - HemingwayZillow Group stock plunged 24% this morning after reporting Q3 numbers that missed revenue and net income estimates. In addition, the Company revised Q4 lower. ZG is down 52% after hitting hitting an all-time high of $65 in mid-June.Zillow Group is sort of a "derivative" of...Read More
Bob Moriarty ArchivesNov 7, 2018New Carolin Gold is another of those stocks that got hammered between 2011 and 2014 going from $1.85 to a low of $.10. They ran out of money and management bandwidth at the same time while sitting on top of a 36 km strike length gold system near a highway in mining friendly British Columbia. Sigh!!!For most of the last twenty years the majors have been consuming the...Read More
Key data from the Wednesday November 7 pricing session in Europe. Key drivers Recent downward trend in ferro-titanium has finally dragged down scrap prices. The trend started on September 12, when the market was assessed at $5.80-6.05 per kg.There is readily available alloy supply against moderate spot demand, with some buyers booking alloy through year-end. Some traders want rid of stocks to boo...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 latest ferro-tungsten and ammonium paratungstate (APT) transactions, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide (BTO) and yellow tungsten oxide (YTO) deals taken into consideration.To view the latest price quotations, follow the links below:China- APT, fob China- Ferro-tungsten, fob China Europe- APT, cif Rotterdam - Ferro-tungsten, in-warehouse Rotterd...Read More
* Stocks notch higher after US election * Rand boosted by weaker dollar(Update levels and quotes)JOHANNESBURG, Nov 7 (Reuters) - South Africa's rand firmedagainst a weaker dollar on Wednesday after U.S. midtermelections split Congress, lowering the chance of any major U.S.fiscal policy boost soon.Stocks recovered marginally from a sell-off ahead of theelections.At 1505 GMT, the rand traded 1.04 pe...Read More
Fasmarkets' fob Australia alumina index declined for the eighth trading day in a row on Wednesday October 7, falling back to levels not seen since before Hydro declared force majeure at the Alunorte refinery in Brazil in April. The benchmark daily fob Australia alumina index was calculated at $428.75 per tonne on Wednesday, down from $430 per tonne on Tuesday and 8.98% lower week on week from...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), announces that it has issued a convertible unsecured promissory note (the "Note"). The Note has an outstanding principal amount of CAD$275,000, accrues interest at a rate of 12% per annum, matures 36 months from the date of issuance, and is convertible, from time to time, in whole or in part, into...Read More
BERLIN/LONDON (Reuters) - Stymied at home by Democrats determined to subvert his domestic agenda, President Donald Trump could double down on his disruptive foreign policy in the years ahead, with conflicts over trade a particular concern, politicians, diplomats and analysts in Europe said.Democrats wrested control of the U.S. House of Representatives from Trump’s Republicans in midterm elec...Read More
Key data from the Wednesday November 7 pricing session in Europe. Key drivers Recent downward trend in ferro-titanium has finally dragged down scrap prices. The trend started on September 12, when the market was assessed at $5.80-6.05 per kg.There is readily available alloy supply against moderate spot demand, with some buyers booking alloy through year-end. Some traders want rid of stocks to boo...Read More
TALLAHASSEE, Fla. (Reuters) - Democrats won governorships on Tuesday in several U.S. states that supported Republican President Donald Trump in 2016 but lost high-profile races in Florida and Ohio, as voters cast ballots in dozens of gubernatorial contests across the country.The hotly contested race in Georgia, where Democrat Stacey Abrams was seeking to become the first black woman to be elected...Read More
(Reuters) - U.S. stocks were on course to open higher on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome.After an initial muted market reaction globally, futures for the three major Wall Street indexes powered higher along with global stocks, while the dollar fell on fading ho...Read More
CloseGain/LossGold $1226.30-$0.10Silver$14.56+$0.04XAU65.59-1.09%HUI145.87-1.33%GDM538.78-0.48%JSE Gold1113.84-23.48USD96.12-0.16Euro114.42+0.26Yen88.27+0.04Oil$61.67-$0.5410-Year3.222%+0.003T-Bond137.25-0.1875Dow26180.30+2.13%Nasdaq7570.75+2.64%S&P2813.89+2.12% The Metals: Gold gained $9.50 to $1235.90 in London, but it then dropped back to as low as $1225.40 in New York and ended with a...Read More
- Gold ETFs saw inflows in volatile October as investors again hedged risk- Gold ETFs see demand of 16.5 tonnes(t) in October to total of 2,346t, the equivalent of US$1B in inflows- Global gold demand was robust in Q3 - demand of 964.3 tonnes - plus 6.2t yoy- Strong central bank and store of value coin and bar demand offset the gold ETF outflows in Q3- Central bank gold reserves grew 148.4t i...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the Wednesday November 7 pricing session in Europe. Key drivers Recent downward trend in ferro-titanium has finally dragged down scrap prices. The trend started on September 12, when the market was assessed at $5.80-6.05 per kg.There is readily available alloy supply against moderate spot demand, with some buyers booking alloy through year-end. Some traders want rid of stocks to boo...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday threw his support behind top House Democrat Nancy Pelosi, saying she ought to be U.S. House Speaker, one day after Democrats won enough seats in the midterm congressional election to take control of Congress’ lower chamber.“In all fairness, Nancy Pelosi deserves to be chosen Speaker of the House by the Democrats. If they g...Read More
The Wednesday Market Minute Global stocks build gains as polls project that Democrats will take control of the House of Representatives for the first time since 2010 while Republicans extend their Senate majority.U.S. dollar slides in overnight trading as "split" Congress suggests some of President Donald Trump's expansionary fiscal policies could be shut down by rival lawmakers.Asia stocks book...Read More
(Kitco News)- Pan American Silver Corp.(Nasdaq: PAAS, TSX: PAAS), the world’s second-largest primary silver producer,late Tuesday reported that it flipped to a loss in the third quarter, hurt bylower metals prices and their impact on “net realizable value” inventory adjustments.The adjusted loss was listedat $4.7 million, or 3 cents per share, impacted by approximately $23.4 mill...Read More
(Kitco News)- B2Gold Corp. (TSX: BTO,NYSE American: BTG, NSX: B2G), which bills itself as the newest senior goldproducer, late Tuesday reported a sharply higher adjusted profit in the thirdquarter as output soared from a year ago after the opening of the Fekola Minein Mali in 2017.The company generatedadjusted net income of $45 million, or a nickel per share, compared to $14million, or a penny, a...Read More