Price movement in gold could pick up oncethis week’s two-day meeting of the U.S. Federal Open Market Committee is over,says INTL FCStone. Policymakers are expected to hike interest rates again onWednesday, but investors will be watching Fed commentary for clues on howaggressive tightening will be in the future. Gold has been range-bound lately.“One market that has yet to move for some...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Price movement in gold could pick up once this week’s two-day meeting of the U.S. Federal Open Market Committee is over, says INTL FCStone. Policymakers are expected to hike interest rates again on Wednesday, but investors will be watching Fed commentary for clues on how aggressive tightening will be in the future. Gold has been range-bound lately. “One market that has yet to move for...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Uranium, known for its radioactive properties, has been found in predominant quantities in India's groundwater across 16 states. This is the first time that the extent of uranium present in the country's groundwater has been evaluated.According to a study in the Environmental Science and Technology Letters, the prevalence of uranium in the country's groundwater is well above the acceptable stand...Read More
LONDON (Reuters) - Italian borrowing costs fell sharply on Monday, tightening their gap over German peers after the country’s economy minister said the new coalition government had no intention of leaving the euro zone and planned to cut debt levels.In his first interview since taking office a week ago, Giovanni Tria told the Corriere della Sera newspaper on Sunday the coalition was committe...Read More
TOKYO, June 11 (Reuters) - Japanese stocks rose on Monday but trading was thin as investors looked ahead to the looming the U.S.-North Korea summit, with traders ascribing part of the broader gains to buying in futures.The Nikkei share average rose 0.5 percent to 22,804.04.The broader Topix advanced 0.3 percent to 1,786.84, but volume was low, with only 1.1 billion shares changing hands, the lowes...Read More
LONDON (Reuters) - The euro rose on Monday as traders turned their attention away from a crisis in Italy and a divisive G7 summit towards a European Central Bank (ECB) policy meeting that could signal the beginning of the end of the bloc’s vast economic stimulus.Investors are raising their bets that the ECB will signal on Thursday a winding down of its vast bond-buying programme by the end o...Read More
MEXICO CITY (Reuters) - The politician leading the race to be Mexico’s next leader said on Sunday he wants to broker a deal with U.S. President Donald Trump to stem illegal immigration through jobs and development rather than a border wall.Andres Manuel Lopez Obrador, the favorite to win Mexico’s July 1 presidential election, said he hoped to craft a deal with Trump similar to the &ldq...Read More
TOKYO (Reuters) - Bank of Japan policymakers will debate this week whether structural factors may be behind recent disappointingly slow inflation, which could force them to cut the central bank’s price forecasts at a quarterly review in July.The central bank is not expected to changes policy settings. But it could look more closely at the role technology and innovation play in keeping price...Read More
SEOUL (Reuters) - South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset.In a statement on its website on Monday, Coinrail said its system was hit by “cyber intrusion” on Sunday, causin...Read More
SINGAPORE (Reuters) - U.S. Secretary of State Mike Pompeo said on Monday he was confident that relations between the United States and G7 countries would continue to move forward, in spite of a major clash over trade at a weekend summit in Canada.“There are always irritants in relationships. I am very confident that the relationships between our countries ... will continue to move forward on...Read More
The US House of Representatives has approved an amendment to an energy and water act expediting the cleanup of abandoned uranium mines across the country, particularly in the so-called Arizona Strip, which contains about 40% of the country's reserves of the yellow metal.Uranium was extracted there, mostly within the vast Navajo Nation reservation - from western New Mexico into Arizona and souther...Read More
The US House of Representatives has approved an amendment to an energy and water act expediting the cleanup of abandoned uranium mines across the country, particularly in the so-called Arizona Strip, which contains about 40% of the country's reserves of the yellow metal.Uranium was extracted there, mostly within the vast Navajo Nation reservation - from western New Mexico into Arizona and souther...Read More
The US House of Representatives has approved an amendment to an energy and water act expediting the cleanup of abandoned uranium mines across the country, particularly in the so-called Arizona Strip, which contains about 40% of the country's reserves of the yellow metal.Uranium was extracted there, mostly within the vast Navajo Nation reservation - from western New Mexico into Arizona and souther...Read More
The US House of Representatives has approved an amendment to an energy and water act expediting the cleanup of abandoned uranium mines across the country, particularly in the so-called Arizona Strip, which contains about 40% of the country's reserves of the yellow metal.Uranium was extracted there, mostly within the vast Navajo Nation reservation - from western New Mexico into Arizona and souther...Read More
BERLIN (Reuters) - Europe will implement counter-measures against U.S. tariffs on steel and aluminum just like Canada, German Chancellor Angela Merkel said on Sunday, voicing regret about President Donald Trump’s abrupt decision to withdraw support for a G7 communique.Trump’s announcement on Twitter, after leaving the Group of Seven summit in Canada early, that he was backing out of th...Read More
SINGAPORE (Reuters) - U.S. President Donald Trump fired off a volley of tweets on Monday venting anger on NATO allies, the European Union and Canadian Prime Minister Justin Trudeau in the wake of a divisive G7 meeting over the weekend.The escalating clash over trade between Washington and some of its closest global partners cast a cloud over Trump’s efforts to make history in nuclear talks i...Read More
SINGAPORE (Reuters) - U.S. President Donald Trump said on Monday his historic summit with North Korean leader Kim Jong Un in Singapore could “work out very nicely” as officials from both countries met to narrow differences on how to end a nuclear stand-off on the Korean peninsula.U.S. Secretary of State Mike Pompeo said the preparatory talks were moving quite rapidly and “and we...Read More
Mr. Mike Mutchler reportsAMARILLO GOLD APPOINTS MARC DUCHARME CHIEF EXPLORATION GEOLOGISTMarc Ducharme has been appointed chief exploration geologist of Amarillo Gold Corp. Mr. Ducharme is a geologist with over 30 years of experience in the minerals industry, managing and conducting exploration programs from grassroots through to advanced-stage exploration and feasibility-stage projects. Recently,...Read More