ReutersFederal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing in mid-July. The Federal Reserve will issue a statement declaring strong growth and inflation moving to its 2% target, making clear more interest rate hikes are coming. "All they need to do is to point to current growth and inflation numbers and it tees up the next rate hike in September," s...Read More
(Kitco News)- We have all heard the story ofGoldilocks and the Three Bears. Certainly gold has been in a bear market. As wesearch for a reason to buy, gold appears to have some more room to thedownside. However, this doesn't mean we can't find a reason to buy for a tradeand capitalize on a short-term pop.For weeks, every rally has failedand been a selling opportunity. We don't see that changing an...Read More
(Kitco News) - Gold is hanging on, with minor volatility overnight. The $1,218-1,220 level was again tested overnight but with little enthusiasm. Traders are probing for weak longs. The market is now awaiting the Federal Open Market Committee meeting which begins tomorrow. It is not expected that the Fed will raise rates at this meeting, but if they do, gold will be sold aggressively. The most lik...Read More
(Kitco News)- Gold is hanging on, with minor volatility overnight. The$1,218-1,220 level was again tested overnight but with little enthusiasm.Traders are probing for weak longs. The market is now awaiting the Federal OpenMarket Committee meeting which begins tomorrow. It is not expected that the Fedwill raise rates at this meeting, but if they do, gold will be soldaggressively. The most likely ou...Read More
(Kitco News)- Goldprices are mildly down in early U.S. trading Monday, while silver prices areslightly higher. Both metals remain firmly in the grasp of the market bears,amid a lack of news that would drive demand toward the safe-haven metals.December gold futures were last down $1.60 an ounce at $1,231.10. SeptemberComex silver was last up $0.022 at $15.515 an ounce.Worldstock markets were mostly...Read More
ProPublica obtained police reports and call logs from more than two-thirds of the shelters housing immigrant children. Here's what they show.Read full newsRead More
Mr. Ivan Bebek reportsAURYN RESOURCES ARRANGES $4.6 MILLION FLOW-THROUGH FUNDING Auryn Resources Inc. has arranged a $4.6-million non-brokered flow-through private placement. The placement will consist of approximately 1.25 million flow-through common shares priced at $1.60 per FT share and approximately 1.5 million charity flow-through shares priced at $1.75 per charity FT share.Ivan Bebek, execu...Read More
Mr. Ivan Bebek reportsAURYN RESOURCES ARRANGES $4.6 MILLION FLOW-THROUGH FUNDING Auryn Resources Inc. has arranged a $4.6-million non-brokered flow-through private placement. The placement will consist of approximately 1.25 million flow-through common shares priced at $1.60 per FT share and approximately 1.5 million charity flow-through shares priced at $1.75 per charity FT share.Ivan Bebek, execu...Read More
AAPL is trading below a massive market-cap milestone ahead of Tuesday's earningsFAANG market caps were a major point of interest for stock traders last week. Facebook (FB) on Thursday lost a record $120 billion from its market cap on a particularly brutal earnings reaction, while Friday's trading saw Amazon (AMZN) vault above the $900 billion level following its own quarterly report. With investor...Read More
Mr. David Wolfin reportsCORAL ANNOUNCES NORMAL COURSE ISSUER BID AND APPOINTMENT OF NEW DIRECTORThe TSX Venture Exchange has accepted for filing Coral Gold Resources Ltd.'s notice for its normal course issuer bid to be transacted through the facilities of the TSX-V.Pursuant to the bid, Coral may purchase up to 3,938,462 common shares, which represents approximately 10 per cent of the total current...Read More
Mr. David Wolfin reportsCORAL ANNOUNCES NORMAL COURSE ISSUER BID AND APPOINTMENT OF NEW DIRECTORThe TSX Venture Exchange has accepted for filing Coral Gold Resources Ltd.'s notice for its normal course issuer bid to be transacted through the facilities of the TSX-V.Pursuant to the bid, Coral may purchase up to 3,938,462 common shares, which represents approximately 10 per cent of the total current...Read More
* Markets range-bound awaiting crucial data, central bankmeetings * Euro rises, yen pauses after recent rebound on BoJspeculation * Yuan remains under pressure against dollar * Swedish crown surges after GDP figures LONDON, July 30 (Reuters) - Major currencies largely stuckto familiar ranges on Monday as investors shied away from takingbig positions ahead of a flurry of crucial economic data and...Read More
(Updates with closing prices)By Peter HobsonLONDON, July 30 (Reuters) - Copper prices fell on Monday asinvestors shrugged off a potential strike at the world's largestcopper mine and focused instead on economic data this weekexpected to show slowing growth in top metals consumer China.Benchmark copper on the London Metal Exchange (LME) closed down 0.8 percent at $6,250 a tonne while the most trade...Read More
30 July 2018 - ALROSA, the world's leader in diamond mining, reports raising of its long-term credit rating by S&P Global Ratings international rating agency to BB?'-, the outlook is stable.The agency notes positive trends in the diamond market, ALROSA's strong profitability, solid global market share, improved financial stability, and strongly positive free operating cash flow (FOCF) generation...Read More
Are you ready for a potential economic reset?No matter what the news says, when this bubble pops, we're going to witness the worst market crash in history. But if you know this massive reset is coming, and prepare accordingly, it could be the greatest wealth opportunity of your life.You could have the once-in-a-lifetime opportunity to build wealth that lasts not just years... but generations!Once...Read More
According to CFTC weekly report (W/E July 17), gold specs increased long positions this week but also continued to pile on short positions, which reached a new record as a resilient dollar and continued weakness in the CNH kept momentum to the downside, notes the research team at TD Securities. Key Quotes “But, with President Trump criticizing increased rates and a strong dollar, the buck...Read More
Unionized workers at Codelco's Chuquicamata copper mine in Chile downed tools on Monday saying they had "exhausted" all instances for dialogue with management.Access to Chuquicamata, the state miner's second largest copper operation by size, has been blocked since early hours, as unions No. 1, 2, and 3, as well as Antofagasta Union No. 1 demand Codelco to re-hire two workers that were "unjustified...Read More
Unionized workers at Codelco's Chuquicamata copper mine in Chile downed tools on Monday saying they had "exhausted" all instances for dialogue with management.Access to Chuquicamata, the state miner's second largest copper operation by size, has been blocked since early hours, as unions No. 1, 2, and 3, as well as Antofagasta Union No. 1 demand Codelco to re-hire two workers that were "unjustified...Read More
Three thousand meters below the plains southwest of Johannesburg, teams of miners are toiling to revive the gold industry that underpinned South Africa's economy for generations.Read full newsRead More
Three thousand meters below the plains southwest of Johannesburg, teams of miners are toiling to revive the gold industry that underpinned South Africa's economy for generations.Read full newsRead More