(Kitco News) - From all the precious and base metals, gold has the most to gain if equities see further losses, said Bloomberg Intelligence (BI), which is not ruling out the $1,400 an ounce level for gold.“Gold has the most upside if equities continue to decline, particularly if U.S. stocks give back more vs. the world. In this scenario, the dollar should decline and metals and broad commodi...Read More
Blue chips started the week with a strong showing, but FAANG fell behindU.S. stocks overcame a slow start to close near session highs, with the Dow notching a 190-point victory. A big day from Chevron (CVX) helped lead the charge, propping up the entire energy sector in the process, while a strong showing from financial stocks helped, as well. The gains came despite the uncertainty surrounding tom...Read More
Marijuana stocks are in "early internet" territory.Amazon's early investors walked away with over 79,000% in profits. And this same phenomenon is happening in the cannabis space right now.Remember, the dotcom bubble separated out the real companies from the fake.Which is why it's so important to "weed" out the companies that might not survive this volatile but opportune time.Now, the race has ser...Read More
Some NUM members intimidating other employees, causing damageRead full newsRead More
NEW YORK (Reuters) - The S&P 500 and the Dow Jones Industrial Average rose on Monday, as oil prices lifted energy stocks and defensive sectors such as utilities and real estate were in demand as investors were cautious about Iran sanctions and U.S. congressional elections.The energy sector .SPNY, which has lagged the broader S&P 500 .SPX this year, was up 1.6 percent after the United Sta...Read More
LONDON (Reuters) - British finance minister Philip Hammond raised the prospect of looser budget policy after Brexit and said faster growth was the best way to cut Britain’s debt burden, but insisted he was still committed to ultimately running a budget surplus.Hammond’s annual budget last week reinforced some analysts’ doubts about his commitment to a budget surplus, after he use...Read More
"Brazil-focused explorer Crusader Resources has raised A$1M as it tries to lift suspensions from #AIM and the #ASX, although lost its Nomad in the process ($) | https://t.co/PcrWAwNrL2 $CAS"Read full newsRead More
NEW YORK (Reuters) - Wall Street stock indexes mostly rose on Monday, the eve of U.S. midterm elections to determine whether President Donald Trump’s Republican party retains control of congress and also ahead of a meeting of Federal Reserve policy makers.Oil prices rose in choppy trading after five days of heavy losses as the United States imposed a range of sanctions aimed at curbing expor...Read More
BRUSSELS (Reuters) - Euro zone finance ministers called on Italy to change its 2019 budget before a deadline set for next week, confirming Rome was isolated in the bloc over its row on fiscal rules.As some ministers evoked risks for the euro from the budget dispute, Italy’s Finance Minister Giovanni Tria said he was working on a compromise, an Italian official said, stressing Rome was not co...Read More
TWLO has more than tripled in value in 2018, but just pulled back to supportCloud name Twilio Inc (NYSE:TWLO) is down 4.5% at $70.98 in afternoon trading, as options traders gear up for the company's third-quarter earnings report, which is slated to surface after the market closes this Tuesday, Nov. 6. Below we will take a look at what the options market has priced in for the stock's post-earning...Read More
"Check out some of the latest advances in melanoma detection over at MedX! #Health #cancer #skin #dermatology #healing #tech #laser #melanoma #skincancer $MDX Read more here: https://t.co/tkkax2569L https://t.co/8ygwIS2uMX"Read full newsRead More
NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N) has appointed investment bankers David Dubner and Pete Michelsen to be co-heads of activism and shareholder advisory for the Americas, the bank said on Monday in a memo.The new roles come at a time when public companies have been seeking help to better defend themselves against so-called activist investors, who often demand corporate changes rang...Read More
NEW YORK (Reuters) - The board of Citigroup Inc (C.N) on Monday named one its independent members to be its new chairman, keeping the post separate from Chief Executive Mike Corbat.John C. Dugan, 63, a former bank regulator and former lawyer to the board who became a Citigroup director last year, will succeed Mike O’Neill on Jan. 1, the company said. O’Neill recently reached the board&...Read More
Michael Sheetz| @thesheetztweetz Published 10 Hours AgoUpdated9 Hours AgoCNBC.com show chapters ISM non-manufacturing index at 62.5 vs. 59.5 estimate 10 Hours Ago |00:41 U.S. services expanded in October more than anticipated as economic growth remained hot, according to a report Monday.The ISM non-manufacturing index registered 60.3 percent in October, above the 59.3 expected...Read More
"Investors... Have a look at this video from Bull Market Run on iMetal Resources' (IMR-V) Gowganda Property -- #IMR @iMetalResources #Gold #Silver #Copper #Cobalt #PDAC2019 #Gowganda #BMR #BullMarketRunWatch the Video here: https://t.co/9LS5npzSX2"Read full newsRead More
All three names are on the short-sale restricted list today, thoughThe Dow is up triple digits, but some struggling FAANG stocks are keeping the Nasdaq in the red. Among other stocks making notable moves are drugmaker Eli Lilly And Co (NYSE:LLY), biotech name CohBar Inc (NASDAQ:CWBR), and software concern Altera Corporation (NASDAQ:ALTR). Here's a quick roundup of what's moving the shares of LLY,...Read More
"Velocity Exercises Option to Acquire 70% Interest at the Rozino Gold Project, Tintyava Property, Bulgaria @velocitymineral https://t.co/rztqN9ZkCc"Read full newsRead More
Regional, Rook ISASKATCHEWAN - Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen's Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a 43% increase in indicated resources compared to the 2017 preliminary economic assessment.The PFS looks at mining the Arrow uran...Read More
Regional, Rook ISASKATCHEWAN - Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen's Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a 43% increase in indicated resources compared to the 2017 preliminary economic assessment.The PFS looks at mining the Arrow uran...Read More
Regional, Rook ISASKATCHEWAN - Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen's Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a 43% increase in indicated resources compared to the 2017 preliminary economic assessment.The PFS looks at mining the Arrow uran...Read More