Collectively, the central bank sector claims to hold the world's largest above ground gold bar stockpile, some 33,800 tonnes of gold bars. Individually within this group, some central banks claim to be the top holders of gold bullion in the world, with individual holdings in the thousands of tonnes range.This worldwide central bank group, also known as the official sector, spans central banks (suc...Read More
BRUSSELS (Reuters) - The European Union will respond to U.S. tariffs imposed on steel and aluminum in a “responsible and reasonable” way, the chairman of EU leaders said in a letter published on Tuesday.EU leaders will discuss the threat of a trade war at their summit on Thursday and Friday, by when they should know if the United States has been willing to exempt the European Union fro...Read More
Selenium prices surged last week in Europe, reaching their highest level since February 2015 on continued material tightness and healthy Asian demand.Metal Bulletin assessed selenium free market in-warehouse prices at $22-24.5 per lb on Friday March 16, steady on Wednesday's assessment when the quotation rose by 6.9% to a level last seen in February 2015. "It's the perfect storm - India's hea...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,616.36, up 26.97 points)First Quantum Minerals Ltd. (TSX:FM). Miner. Down $2.54, or 12.37 per cent, to $18.00 on 9.5 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 50 cents, or 4.63 per cent, to $10.30 on 8.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail e...Read More
At some point, Facebook (NASDAQ: FB) went from a social networking site that folks used to share pictures of their vacations and stalk their exes to the biggest news source on the planet.For the past couple of years, I've heard a number of experts opine on why most people get their news from Facebook. Most of it seems to be because their family members and friends share it.But I don't trust my fam...Read More
Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,589.39, down 121.94 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares.Neovasc Inc. (TSX:NVC). Medical de...Read More
Rathdowney Resources Ltd. (TSXV: RTH) is a Canadian company whose primary focus is developing and permitting its flagship, 100%-owned Olza zinc-lead-silver development project in Poland. Rathdowney is committed to creating value for its shareholders and advancing Olza by having invested +C$25M into exploration and development activities. We learned from Roger Blair, Vice President of investor rela...Read More
It is a bleak day here on Wall Street. It is cold, too. The wind blows, and the talk on the radio is of a late March snowstorm.Yesterday, all the major indices were down. The Dow 30 was off by 437 points, and the Nasdaq was down 188.It seems the market is concerned with some shenanigans at Facebook (NASDAQ: FB), which has dropped more than $40. CNNTech writes:Facebook is facing an existential c...Read More
(Kitco News) - There is a chance that the Federal Reserve might keep its “hawkish instincts” at bay on Wednesday, allowing gold to break out from its narrow trading range, TD Securities said in a report.“The probability of another rate hike is being priced at nearly 100%,” head of commodity strategy at TD Securities Bart Melek said in a report published on Monday. “Gi...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Drilling Extends Vertical Depth at Colombia Gold MineSource: Streetwise Reports March 20, 2018 (Investorideas.com Newswire) Drilling at a producing gold mine in Colombia is extending the depth of the mine.Red Eagle Mining Corp. (R:TSX; RDEMF:OT...Read More
The Turkish scrap import market continued to be quiet on Tuesday March 20, on the absence of fresh deep-sea trading.Turkish steel producers stepped back from deep-sea scrap purchases on March 9, following the Section 232 announcement in the United States that applied a 25% duty to imports of steel products.The demand for rebar exports has gone down sharply since that announcement and the Turkish m...Read More
BUENOS AIRES (Reuters) - Financial policymakers gathering in Buenos Aires on Tuesday agreed cryptocurrencies posed some risks but should not be banned altogether, the head of Italy’s central bank said on Tuesday after the meeting.“My understanding is that there was an acceptance of continuing to work also on the stability side with the idea that this doesn’t imply barring it,&rdq...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Important Ontario Gold Properties Acquisition CompletedSource: Jack Chan for Streetwise Reports March 20, 2018 (Investorideas.com Newswire) Key gold assets in the Timmins, Ontario, area have been acquired by a new owner.GFG Resources Inc. (GFG:...Read More
25 years without the possibility of parole.What did this guy do? Rape? Murder? Armed Robbery? A botched terrorist attack?Nope. He drove drunk.Granted, he drove drunk a lot. Actually, this was his fourth driving while intoxicated conviction.But driving is a bit of an overstatement… he was arrested in the parking lot after turning on his car and pressing the brakes.The man said he was just sit...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports March 20, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts recent movements in the gold and silver markets.Our proprietary cycle indicator is...Read More
Domestic prices for ferrous scrap in Italy increased by ?,?30 ($35) per tonne this month following the positive trend in the international market, sources told Metal Bulletin.Metal Bulletin's monthly price assessment for domestic grade E3 scrap in Italy was ?,?290-310 ($357-381) per tonne delivered in March, up from ?,?260-280 per tonne delivered a month earlier. The increase was...Read More
Hyonhee Shin, Idrees AliSEOUL/WASHINGTON (Reuters) - The United States and South Korea will resume joint military drills next month, Seoul and Washington said on Tuesday, exercises that will go ahead despite U.S. President Donald Trump’s planned meeting with North Korean leader Kim Jong Un.Seoul and Washington said in January they would delay the annual exercises until after the Winter Olymp...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Cobalt Pure Play Now Cashed Up for Stream, Royalty DealSource: Streetwise Reports March 20, 2018 (Investorideas.com Newswire) Five analysts weigh in on this company's recent financial transaction and likely next move.In a March 12, 2018 researc...Read More
Via Sovereignman.comWell, it happened again.On Friday afternoon, the national debt of the United States hit another major milestone, soaring past $21 trillion for the first time ever.Clearly that is an enormous number... it's actually larger than the size of the entire US economy, which is pretty incredible.But what's always been the more important story about America's pile of debt is how rapidl...Read More
Oil climbs to a three-week high amid output curbs by OPECTreasury notes decline ahead of Federal Reserve policy meetingUniCredit's Nielsen Sees Probability of Significant Slowdown in 2019U.S. stocks edged higher, led by energy-related companies, as equity markets shrugged off weakness in technology and threats of global trade barriers. Government bond yields increased as investors braced for highe...Read More