Recent News

Billions in U.S. solar projects shelved after Trump panel tariff

June 07, 2018 / www.kitco.com

Nichola Groom(Reuters) - President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with thousands of jobs, the developers told Reuters.That’s more than double the about $1 billion in new spending plans announced by firms building or expanding U.S. solar...Read More

Gold futures mark highest finish about a week

June 07, 2018 / www.marketwatch.com

Gold saw a modest gain on Thursday, to mark its highest finish in a still-young June, as a popular gauge of the dollar's strength declined and boosted the short-term allure of the metal. August gold GCQ8, -0.16% tacked on $1.60, or 0.1%, to settle at $1,303 an ounce. That was the highest finish for a most-active contract since May 31, according to FactSet data. The ICE U.S. Dollar Index DXY, -0.02...Read More

Russia's Polyus big step closer to building world's largest new gold mine

June 07, 2018 / www.mining.com

Fluid ounces. Image: Polyus GoldRussian gold miner Polyus on Thursday provided an update on its Sukhoi Log project, one of the world's largest untapped gold deposits. The news sent units of the company trading over the counter in the US up 3% for a market value of some $8.5 billion.Polyus in May completed the scoping study and verification drilling programme at Sukhoi Log, located in the Irku...Read More

Russia's Polyus big step closer to building world's largest new gold mine

June 07, 2018 / www.mining.com

Fluid ounces. Image: Polyus GoldRussian gold miner Polyus on Thursday provided an update on its Sukhoi Log project, one of the world's largest untapped gold deposits. The news sent units of the company trading over the counter in the US up 3% for a market value of some $8.5 billion.Polyus in May completed the scoping study and verification drilling programme at Sukhoi Log, located in the Irku...Read More

Trump's love for coal and Republicans who want more solar

June 07, 2018 / www.mining.com

(Bloomberg) - While President Donald Trump searches for a way to save America's coal country, some in his own party have their eyes set on what's arguably the exact opposite: making solar shine.Since taking office, Trump has worked to undo his predecessor's renewable energy-friendly policies, levied tariffs on imported solar equipment and signed tax reforms that depleted financing for clean energ...Read More

Gold once again struggles to sustain above $1300 mark, retreats from one-week tops

June 07, 2018 / www.fxstreet.com

   •  A modest USD rebound prompts some fresh selling.   •  Fading safe-haven demand further adds to the pressure.   •  A sudden fall in the US bond yields might help limit downside. Gold surrendered the majority of its early gains to one-week tops and is currently placed at the lower end of its daily trading range, around the $1297 regio...Read More

Trade uncertainty 'a little more risky' now: Bank of Canada

June 07, 2018 / www.kitco.com

OTTAWA (Reuters) - Trade uncertainty feels more risky than it did in April, the head of the Bank of Canada said on Thursday, noting the impact of recent U.S. tariffs on aluminum and steel imports will be incorporated into updated economic forecasts next month.The comments from Governor Stephen Poloz came after the central bank said the vulnerabilities created by Canada’s housing market and h...Read More

Algold Continues to Sample High Grade Mineralization at Salma @AlgoldResources

June 07, 2018 / bit.ly

Algold Resources Ltd. (TSXV:ALG) ("Algold" or the "Corporation") today announced assay results from a trenching and pitting program carried out during the first and second quarters of 2018 at the high-grade Salma Vein System and Eleonore zone located at the Corporation's Tijirit project in Mauritania.Read full newsRead More

Canadian Platinum Announces Closing Of Flow-Through Private Placement

June 07, 2018 / bit.ly

Canadian Platinum Corp. (Read full newsRead More

Stock Market Sentiment Signal Sounding for First Time in 8 Months

June 07, 2018 / www.schaeffersresearch.com

What the steady increase in bulls could mean for the S&P 500Just a few weeks ago, newsletter advisor sentiment in the weekly Investors Intelligence (II) survey showed optimism at its lowest point since around the November 2016 presidential election. However, the percentage of self-described "bullish" advisors has increased over the past four weeks -- sending up a stock market sentiment signal we h...Read More

How Subscribers Won Big On MOMO's Strong Earnings Reaction

June 07, 2018 / www.schaeffersresearch.com

It took less than a month for call buyers to lock in a 181% profitSubscribers to Schaeffer's Leverage Trader nearly tripled their money with the Momo Inc (NASDAQ:MOMO) weekly 6/8 33-strike call recommendation. We're going to take a look back to see why we were initially bullish on the Chinese social media stock, and how the options trade unfolded.At the time of our recommendation in early May, M...Read More

Copper Intraday – Copper Sell call b2c given at price 485 Achieved 1st Target 483. CMP 483. Total 2 Point x 2 lot = 4 points profit

June 07, 2018 / mcx.freetips.tips

MCX COPPER INTRADAY TIPSCopper Intraday – Copper Sell call b2c given at price 485 Achieved 1st Target 483. CMP 483. Total 2 Point x 2 lot = 4 points profitTIPS ID b2c : Today Copper Call - SELL 2 lot Copper at CMP 485 for Target Small at price 483 - 482 with SL Above price 487.10 Read More

NEWS UPDATE Daily LME Stock Report : LME Inventory Today Data : 07/06/2018

June 07, 2018 / mcx.freetips.tips

DAILY LME STOCK REPORTLME INVENTORY TODAY DATA : 07/06/2018 Aluminium down by -6175MT,Copper up by 3450MT,Lead down by -375MT,Nickel down by -1326MTTin – NA &Zinc down by -300MT. Read More

Lead Target Tips – Lead Mcx BUY Call b25 given at price 169.10 Achieved 1st 170 & 2nd Target 170.80. Made 170.85 high. Total Profit made 1.7 Points per lot

June 07, 2018 / mcx.freetips.tips

MCX LEAD TARGET TIPSLead Target Tips – Lead Mcx BUY Call b25 given at price 169.10 Achieved 1st 170 & 2nd Target 170.80. Made 170.85 high. Total Profit made 1.7 Points per lotCALL ID b25 : Today Lead Call - Buy Lead at Market Price 169.10 for Target 170 - 170.8 with SL below price 168 Read More

Watch Out, World's Largest Country Has Growing Appetite For Gold Jewelry - World Gold Council

June 07, 2018 / www.kitco.com

(Kitco News) - China’s improving wealth is expected to renew growth injewelry demand, creating long-term support for global gold demand andperformance, according to the World Gold Council (WGC).In a report published Wednesday, the WGC said that China’sjewelry renaissance has come as a result of a “painful period of reinvention”that saw the industry evolve to meet a rapidly...Read More

U.S. weekly jobless claims drop as labor market picks up steam

June 07, 2018 / www.kitco.com

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.The robust labor market and firming inflation have cemented expectations the Federal Reserve will raise benchmark U.S. interest rates next week. Many economists believe the U.S. central bank will hike rates two more times after its...Read More

Watch Out, World's Largest Country Has Growing Appetite For Gold Jewelry - World Gold Council

June 07, 2018 / www.kitco.com

(Kitco News) - China’s improving wealth is expected to renew growth in jewelry demand, creating long-term support for global gold demand and performance, according to the World Gold Council (WGC).In a report published Wednesday, the WGC said that China’s jewelry renaissance has come as a result of a “painful period of reinvention” that saw the industry evolve to meet a rapi...Read More

FREE MCX TIPS Today Copper Call – SELL 2 lot Copper at CMP 485 for Target Small at price 483 – 482 with SL Above price 487.10

June 07, 2018 / mcx.freetips.tips

Today Copper Call – SELL 2 lot Copper at CMP 485 for Target Small at price 483 – 482 with SL Above price 487.10 Read More

FREE MCX TIPS Mcx ZincMini Call – BUY ZincMini at CMP 214.60 Add more at price 214 for Target 215.70 – 216.40 with Small SL below price 213.70

June 07, 2018 / mcx.freetips.tips

Mcx ZincMini Call – BUY ZincMini at CMP 214.60 Add more at price 214 for Target 215.70 – 216.40 with Small SL below price 213.70 Read More

Walmart sues to bar former tax executive from joining Amazon

June 07, 2018 / www.kitco.com

WILMINGTON, Del (Reuters) - Walmart Inc (WMT.N) has asked a court to block a former top tax executive from joining Amazon.com Inc (AMZN.O), saying the move would violate a non-compete agreement and “irreparably harm” Walmart’s business by potentially tipping off its rival to strategic plans including potential merger targets.Lisa Wadlin told Walmart in January she was considering...Read More

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