Recent News

Barrick Gold walks away from Guyana joint venture project

June 19, 2018 / www.mining.com

Shares in Australian gold explorer Alicanto Minerals (ASX:AQI) took a major hit on Tuesday after the company revealed that partner Barrick Gold had pulled out of their Arakaka gold venture project in Guyana.Alicanto, which will retain 100% of the project, said it would now look to capitalize on the Barrick-funded work, taking the opportunity to focus on higher-grade targets not tested during the e...Read More

3 FAANG Stocks in the News Today

June 19, 2018 / www.schaeffersresearch.com

One name is bucking today's bearish trading biasAmazon.com, Inc. (NASDAQ:AMZN) said it's teamed up with Marriott International (MAR), and will outfit several of the latter's hotels with Alexa-controlled Echo devices. While Alexa for Hospitality will boost a hotel guest's access to amenities, such as ordering room service or contacting housekeeping, it will also increase exposure to AMZN's Echo.At...Read More

Wall Street set to slide as China-U.S. trade spat escalates

June 19, 2018 / www.kitco.com

(Reuters) - Wall Street was set to open sharply lower on Tuesday as President Donald Trump’s latest threat to impose duties on additional Chinese goods heightened concerns that tit-for-tat tariffs could spiral into a trade war.U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would fight back with “qualitative&rd...Read More

How To Tap Into The Blockchain Movement

June 19, 2018 / www.schaeffersresearch.com

From Amazon, CVS, and AirBnB, early investment is the key to earning big.Any investor who wants to rake in big profits only really needs to know one thing:The biggest fortunes in the world right now are being made in technology.Take the following example:Amazon is now the world's third largest retailer, just behind Wal-Mart and CVS...Airbnb now offers more rooms than Hilton, InterContinental and M...Read More

How To Tap Into The Blockchain Movement

June 19, 2018 / www.schaeffersresearch.com

From Amazon, CVS, and AirBnB, early investment is the key to earning big.Any investor who wants to rake in big profits only really needs to know one thing:The biggest fortunes in the world right now are being made in technology.Take the following example:Amazon is now the world's third largest retailer, just behind Wal-Mart and CVS...Airbnb now offers more rooms than Hilton, InterContinental and M...Read More

ECB seeks compromise solution to banks' bad loans problem

June 19, 2018 / www.kitco.com

SINTRA, Portugal (Reuters) - European Central Bank supervisors are looking for a softer way to press euro zone lenders to deal with their bad loans after an earlier proposal met fierce opposition, two sources said.Even after a sharp reduction in the past two years, euro zone banks are sitting on 721 billion euros ($837.01 billion) of unpaid debt, mostly inherited from the 2008-12 economic crisis a...Read More

Underperforming Verizon Stock Just Landed a 'Buy' Rating

June 19, 2018 / www.schaeffersresearch.com

Verizon has been a long-term underperformer on the chartsShares of Verizon Communications Inc. (NYSE:VZ) are up 0.4% at $47.65 in early trading, after receiving an upgrade to "buy" from "hold" at Deutsche Bank, which maintained its $56 price target. The firm expects revenue growth to normalize in the second quarter amid more stable pricing conditions in the industry. The analyst also sees a posi...Read More

Merkel-Macron meeting is 'moment of truth' for Europe: French minister

June 19, 2018 / www.kitco.com

BERLIN/PARIS (Reuters) - France said an investment budget for the euro zone and a backstop for European banks demanded by President Emmanuel Macron are non-negotiable, raising pressure on Chancellor Angela Merkel before talks on Tuesday on reforming the bloc.French Finance Minister Bruno Le Maire said failure to reach an agreement on reforming the euro zone during talks between the two leader in M...Read More

Analyst Sees Huge Upside For Arcadia Biosciences Stock

June 19, 2018 / www.schaeffersresearch.com

This marks the first analyst in coverage on RKDA stockAgricultural biotech Arcadia Biosciences Inc (NASDAQ:RKDA) is again making a big move on the charts, after receiving its first analyst recommendation since going public roughly three years ago. H.C. Wainwright initiated coverage on RKDA stock with a "buy" rating and a stunning $20 price target, meaning it expects the shares to more than double...Read More

In a land hit by the resource curse, a new gold mine spooks officials

June 19, 2018 / dlvr.it

JAKARTA - Environmental officials have warned of the potentially catastrophic impact of a planned gold mine in a conservation zone in eastern Indonesia, amid mixed signals from the district chief responsible for approving the project. The proposed mine would cover 233 square kilometers (90 square miles), an area four times the size of Manhattan, in ...Read full newsRead More

4 Hot Penny Stocks That Could See Outsized Gains

June 19, 2018 / investorplace.com

The potential to become wealthy often means investing in an enterprise when it is small and waiting for the entity to grow large. For this reason, many investors are willing to take chances on what they believe to be hot penny stocks.Investors in these stocks often lose everything … but they can also end up earning massive profits from a small amount of investment capital. For example, Book...Read More

Dow Futures Signal 350-Point Slide After Trump Trade Threat

June 19, 2018 / www.schaeffersresearch.com

Chip stocks are dropping on growing fears of a trade warFutures on the Dow Jones Industrial Average (DJI) are signaling a roughly 350-point slide, after President Donald Trump continued to escalate trade war tensions with China, offering up yet another threat. Specifically, Trump threatened to implement a 10% tariff on $200 billion worth of China-made goods.Against this backdrop, futures on the Na...Read More

China slams U.S. 'blackmailing' as Trump issues new trade threat

June 19, 2018 / www.kitco.com

BEIJING/WASHINGTON (Reuters) - U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would retaliate, in a rapid escalation of the trade conflict between the world’s two biggest economies.Trump’s latest move, as Washington fights trade battles on several fronts, was unexpectedly swift and sharp.It was retaliation, he...Read More

What can Beijing do if China-U.S. trade row worsens?

June 19, 2018 / www.kitco.com

BEIJING (Reuters) - China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to accuse Washington of starting a trade war.Trump said Monday his threat was retaliation for China’s decision to raise tariffs on $50 bill...Read More

Once Again, Gold Is Not A Commodity

June 19, 2018 / seekingalpha.com

Why gold is not commodity?If gold is not commodity, what about supply and demand?Do mining costs set a floor under gold price?We know this... we really know it. This is awkward. Gold is a metal. This is why it used to be money for thousands of years: it was rare, tangible and its supply couldn't be increased at will. An ideal store of value. So why are we saying that gold is not commodity? We mean...Read More

Rapaport says De Beers destroying transparency in the diamond industry

June 19, 2018 / www.mining.com

De Beers Group is said to be refusing to allow its clients to disclose the legitimacy of diamonds from the company. (Image courtesy of De Beers Group)De Beers Group is refusing to allow its clients to disclose the legitimacy of diamonds from De Beers. All De Beers' rough diamonds are now opaque. That's 42% of the world's legitimate diamond production in 2017, and $14.993 billion of rough diamonds...Read More

Auryn Resources trenches 99 m of 0.46% CuEq at Sombrero

June 19, 2018 / www.stockwatch.com

Mr. Ivan Bebek reportsAURYN TRENCHES 99 METERS OF 0.46% COPPER EQUIVALENT AND SAMPLES UP TO 193G/T GOLD IN HIGH-GRADE STRUCTURES AT SOMBRERO Auryn Resources Inc. has released encouraging new surface results from the Sombrero gold-copper project in southern Peru. Highlights from these results include trenches with 99 metres of 0.46 per cent copper equivalent and 105 m of 0.3 per cent copper equival...Read More

Auryn Resources trenches 99 m of 0.46% CuEq at Sombrero

June 19, 2018 / www.stockwatch.com

Mr. Ivan Bebek reportsAURYN TRENCHES 99 METERS OF 0.46% COPPER EQUIVALENT AND SAMPLES UP TO 193G/T GOLD IN HIGH-GRADE STRUCTURES AT SOMBRERO Auryn Resources Inc. has released encouraging new surface results from the Sombrero gold-copper project in southern Peru. Highlights from these results include trenches with 99 metres of 0.46 per cent copper equivalent and 105 m of 0.3 per cent copper equival...Read More

FXTM: Gold Pressured By Dollar Amid Rising Trade Tensions

June 19, 2018 / www.kitco.com

Goldhas “descended into the abyss” despite intensifying trade tensions rattlingfinancial markets and leaving investors on edge, with an appreciating U.S.dollar the main factor pushing the precious metal lower, says Lukman Otunuga, research analyst atFXTM. “Withthe dollar likely to find ample support amongst the bullish sentiment towardsthe U.S. economy and heightened expecta...Read More

FXTM: Gold Pressured By Dollar Amid Rising Trade Tensions

June 19, 2018 / www.kitco.com

Gold has “descended into the abyss” despite intensifying trade tensions rattling financial markets and leaving investors on edge, with an appreciating U.S. dollar the main factor pushing the precious metal lower, says Lukman Otunuga, research analyst at FXTM. “With the dollar likely to find ample support amongst the bullish sentiment towards the U.S. economy and heightened e...Read More

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