Recent News

Lift off: Singapore Airlines to boost U.S. presence with world's longest flight

October 11, 2018 / www.kitco.com

SINGAPORE (Reuters) - Singapore Airlines Ltd (SIAL.SI) is poised for a major boost to its U.S. footprint from Thursday evening as it resumes, after five years, the world’s longest commercial flight - a near-19 hour non-stop from Singapore to New York.The route, combined with the airline’s plans to restart non-stop services to Los Angeles and add more non-stop flights to San Francisco n...Read More

World Marijuana Market Predicted to Enjoy a 47% CAGR for the Next Nine Years #marijuana $CROP $WEED @nextgreenwave...

October 11, 2018 / twitter.com

"World Marijuana Market Predicted to Enjoy a 47% CAGR for the Next Nine Years #marijuana $CROP $WEED @nextgreenwave $ACB $APH #medical marijuana #cannabis #invest https://t.co/OIz0E7WH3v"Read full newsRead More

Alibaba Put Traders Triple Their Investment in Days

October 11, 2018 / www.schaeffersresearch.com

The Chinese internet stock has been an underperformer on the charts this calendar yearSubscribers to Schaeffer's Weekly Options Countdown service just scored a 200% profit in four days with the Alibaba Group Holding Ltd (NYSE:BABA) weekly 10/5 167.50-strike put. Below, we're going to take a look back at why we were bearish on the Chinese internet name, and how BABA performed after we suggested...Read More

Deer Horn Capital Signs Purchase Option LOI on Former First Solar, Inc. Tellurium Property

October 11, 2018 / bit.ly

Deer Horn Capital (CSE:DHC) (the "Company" or"Deer Horn"), reports the Company has signed a binding Letter of Intent (LOI) with Colorado Klondike LLC to acquire a purchase option on the Colorado Klondike tellurium property located in south-central Colorado, USA.Read full newsRead More

Deepening bear market sees $1 trillion wiped off emerging equities since 2018 peak

October 11, 2018 / www.kitco.com

LONDON (Reuters) - A selloff in global stocks tore like a wrecking ball through emerging equities on Thursday with the key index flirting with its biggest daily tumble since the surprise Brexit vote stunned markets in June 2016.A toxic cocktail of rising U.S. Treasury yields and a strong dollar; tighter funding costs and slowing domestic growth; an escalating Sino-U.S. trade war and rising oil pri...Read More

Next big #EV news: #ISRAEL AIMING TO FULLY SWITCH TO ELECTRIC CARS BY 2030 After 2030 import of #diesel and gasolin...

October 11, 2018 / twitter.com

"Next big #EV news: #ISRAEL AIMING TO FULLY SWITCH TO ELECTRIC CARS BY 2030After 2030 import of #diesel and gasoline cars will be prohibited, energy minister says.. #lithium https://t.co/rOZLpFwOa4"Read full newsRead More

Now That Gold Is Rallying, Here Is The Next Key Level To Watch - Analysts

October 11, 2018 / www.kitco.com

(Kitco News) - With this overdue gold rally finally setting in and gold prices at six-week highs, analysts are anxiously eyeing the next key resistance level in hopes of seeing a sustainable move up.Following global equity sell-off and weaker-than-expected U.S. inflation data, gold finally saw the strength that was sorely missing these past six months.December Comex gold futures powered to six-wee...Read More

Now That Gold Is Rallying, Here Is The Next Key Level To Watch - Analysts

October 11, 2018 / www.kitco.com

(Kitco News) - With this overdue gold rally finally setting in and gold prices at six-week highs, analysts are anxiously eyeing the next key resistance level in hopes of seeing a sustainable move up.Following global equity sell-off and weaker-than-expected U.S. inflation data, gold finally saw the strength that was sorely missing these past six months.December Comex gold futures powered to six-wee...Read More

Pacton Gold Expands Ground Position in Egina Area Through Acquisition of Hong Kong Project @PactonGold...

October 11, 2018 / twitter.com

"Pacton Gold Expands Ground Position in Egina Area Through Acquisition of Hong Kong Project @PactonGold https://t.co/WeANDzQH4G"Read full newsRead More

U.S. 30-year mortgage rate hits seven-and-a-half year peak: Freddie Mac

October 11, 2018 / www.kitco.com

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages jumped to a 7-1/2-year high following a dramatic sell-off in the bond market that propelled the 10-year Treasury yield to its highest level since May 2011, Freddie Mac said on Thursday.Borrowing costs on 30-year mortgages, the most widely held home loan type in the United States, averaged 4.90 percent in the week ended Oct. 1...Read More

Dollar slips on stock losses, lower bond yields

October 11, 2018 / www.kitco.com

NEW YORK (Reuters) - The dollar fell to a near two-week low on Thursday against a basket of currencies as traders pared greenback holdings on lower U.S. Treasury yields and further losses on Wall Street.A weaker-than-forecast rise in U.S. consumer prices in September also reduced bets for a faster pace of interest rate increases by the Federal Reserve, further eroding the dollar’s appeal.The...Read More

The maker of #Marlboro cigarettes is reportedly in talks to buy a stake in Canadian #cannabis producer Aphria

October 11, 2018 / www.businessinsider.de

The maker of Marlboro cigarettes is reportedlty in talks to buy Canadian cannabis producer Aphria, according to Globe & Mail. Shares of Aphria rallied more...Read full newsRead More

Stocks Sink Further as Wall Street Bloodbath Continues

October 11, 2018 / www.schaeffersresearch.com

The S&P 500 is headed toward its sixth straight lossStocks are getting pummeled once more today, despite a pullback in the 10-year Treasury yield and some tame inflation data. The Dow Jones Industrial Average (DJI) is down triple digits, the S&P 500 Index (SPX) is heading toward its sixth straight loss -- extending its lengthiest losing streak since before the 2016 U.S. presidential election --...Read More

Pancon Partners with Flying Post First Nation on Montcalm, Gambler and Nova Projects @PanconResources...

October 11, 2018 / twitter.com

"Pancon Partners with Flying Post First Nation on Montcalm, Gambler and Nova Projects @PanconResources https://t.co/gg3NvWgccH"Read full newsRead More

Extreme Fear Is Here; Is This The Start Of A New Era?

October 11, 2018 / www.kitco.com

(Kitco News) - The CNN Fear & Greed Index is currently at 7 - the “Extreme Fear” category, which is anotch lower than Wednesday’s close at 8, when the Dow Jones Industrial Averageplummeted more than 800 points.The index tracks seven indicators to gauge investor sentiment inthe markets: stock price momentum, stock price strength, stock price breadth,put and call options, junk...Read More

Wall Street extends sell-off, S&P breaches key level

October 11, 2018 / www.kitco.com

(Reuters) - U.S. stocks dropped on Thursday, extending a sell-off from a day earlier, after the major indexes broke though some key technical levels as risk-appetite showed no signs of picking up.The benchmark S&P 500 dropped below its 200-day moving average price, while the Dow Jones Industrial Average slipped below its 100-day moving average. The Nasdaq was also trading below its 200-day mov...Read More

Extreme Fear Is Here; Is This The Start Of A New Era?

October 11, 2018 / www.kitco.com

(Kitco News) - The CNN Fear & Greed Index is currently at 7 - the “Extreme Fear” category, which is a notch lower than Wednesday’s close at 8, when the Dow Jones Industrial Average plummeted more than 800 points.The index tracks seven indicators to gauge investor sentiment in the markets: stock price momentum, stock price strength, stock price breadth, put and call options, j...Read More

Under pressure from parliamentary partner, UK's May meets ministers on Brexit

October 11, 2018 / www.kitco.com

LONDON (Reuters) - Prime Minister Theresa May will meet some of her ministers on Thursday to discuss Brexit, hours after her parliamentary partner threatened to withdraw its support if she accepts what it calls a “draconian solution” from the European Union.Just six months before Britain is due to leave the EU, the two sides differ on their view of the talks - the bloc says a withdrawa...Read More

The Biggest Gold Bulls From Denver On Why Rally Is Inevitable

October 11, 2018 / www.kitco.com

(Kitco News) - With Dow Jones Industrial Average plunging more than 800points on Wednesday and gold climbing more than 2% on Thursday, are investorsfinally giving up on risk assets and shifting their weight to gold? The Denver Gold Forum was a mixed bag when it came tosentiment in gold. There’s no denying, however, that the following threespeakers had the most unequivocal, bullish outlook. C...Read More

The Biggest Gold Bulls From Denver On Why Rally Is Inevitable

October 11, 2018 / www.kitco.com

(Kitco News) - With Dow Jones Industrial Average plunging more than 800 points on Wednesday and gold climbing more than 2% on Thursday, are investors finally giving up on risk assets and shifting their weight to gold? The Denver Gold Forum was a mixed bag when it came to sentiment in gold. There’s no denying, however, that the following three speakers had the most unequivocal, bullish outloo...Read More

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