(Kitco News) - Gold and silver prices aremoderately lower in early U.S. trading Tuesday. A very strong U.S. dollar and aslumping crude oil market are trumping an uptick in geopolitical tensions earlythis week. June Comex gold futures were last down $6.30 an ounce at $1,297.20.July Comex silver was last down $0.161 at $16.385 an ounce. Worldstock markets were mostly lower overnight. U.S. stock inde...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
Mr. Mark Kolebaba reportsADAMERA DELINEATES SIGNIFICANT GOLD TARGETS ON THE LAMEFOOT TRENDAdamera Minerals Corp. has provided an update on the second of two gold trends earmarked for drilling on the Cooke Mountain project in Washington State. The Lamefoot trend is located six kilometres west of the previously announced Overlook trend. The trend extends for seven kilometres, with the Lamefoot gold...Read More
Mr. Mark Kolebaba reportsADAMERA DELINEATES SIGNIFICANT GOLD TARGETS ON THE LAMEFOOT TRENDAdamera Minerals Corp. has provided an update on the second of two gold trends earmarked for drilling on the Cooke Mountain project in Washington State. The Lamefoot trend is located six kilometres west of the previously announced Overlook trend. The trend extends for seven kilometres, with the Lamefoot gold...Read More
Large speculators on VIX futures have moved back to a net short position"Circle June 12 and June 13 on your calendar, with June 12 marking the date that President Donald Trump will meet with North Korean leader Kim Jong Un. But as much press as this meeting will receive, the meeting that could have heavier market implications is the Federal Open Market Committee (FOMC) gathering on June 13."-- Mon...Read More
LONDON, May 29 (Reuters) - Italy's 10-year bond yield gap over euro zone benchmark issuer Germany blew out to over 300 basis points on Tuesday, while 2-year Italian bond yields were set for their biggest one-day jump in 26 years as a political crisis in Italy rattled investors.The Italian/German 10-year bond yield gap widened over 84 basis points on the day to 314 bps .Italy's two-year government...Read More
FRANKFURT (Reuters) - The European Central Bank needs new monetary policy tools if it is to supervise firms that clear financial transactions denominated in euros, ECB board member Yves Mersch said on Monday.“We also need to adjust the ECB’s monetary policy toolkit to ensure it can fulfill its role,” Mersch told a financial industry event.“This requires amending Article 22...Read More
BERLIN (Reuters) - Any intervention by the European Central Bank to help Italy in the event of liquidity problems must meet the bank’s mandate and “certain conditions”, its outgoing Vice-President was quoted as saying on Tuesday.“Italy knows the rules. They might want to read them again,” Vitor Constancio told Spiegel magazine in an interview, according to a pre-relea...Read More
MELBOURNE (Reuters) - Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest private equity oil and gas industry deal last week.Harbour Energy left Australia empty-handed after a year of chasing gas producer Santos Ltd (STO.AX), missing out on Santos’ stakes in three liquefied natural gas projects in Australia and Papua New Gu...Read More
Two illegal miners from Madondo Village, under Chief Serima in Gutu, were recently found dead in a goldmine where they were prospecting for the precious mineral.Read full newsRead More
As traders return from theMemorial Day holiday, markets are under pressure. On Monday with the marketsopen electronically, equities were higher, while metals and energy were underpressure. Today equities are getting hammered and gold has rallied back tounchanged.This holiday-shortened week couldpack a big punch in all markets, with the equities testing support, energybreaking down, bonds spiking h...Read More
As traders return from the Memorial Day holiday, markets are under pressure. On Monday with the markets open electronically, equities were higher, while metals and energy were under pressure. Today equities are getting hammered and gold has rallied back to unchanged. This holiday-shortened week could pack a big punch in all markets, with the equities testing support, energy breaking down, bonds sp...Read More
• Resurgent USD demand prompts some fresh selling on Tuesday. • Sliding US bond yields/risk-off mood helps limit further downside. • This week’s NFP report eyed for some fresh directional impetus. After an initial uptick to levels beyond the $1300 handle, Gold met with some fresh supply and turned lower for the third conse...Read More
There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More
There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More
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
Mr. N. Eric Fier reportsSILVERCREST DISCOVERS NEW HIGH-GRADE VEIN AT LAS CHISPAS; 1.5 METRES @ 23.96 GPT AU AND 2,081 GPT AG, OR 3,879 GPT AGEQSilvercrest Metals Inc. has released drill results and has made a discovery of the Babicanora Norte vein on the Las Chispas property located in Sonora, Mexico. The high-grade Babicanora Norte vein was discovered while drill testing beneath recently located...Read More
Mr. N. Eric Fier reportsSILVERCREST DISCOVERS NEW HIGH-GRADE VEIN AT LAS CHISPAS; 1.5 METRES @ 23.96 GPT AU AND 2,081 GPT AG, OR 3,879 GPT AGEQSilvercrest Metals Inc. has released drill results and has made a discovery of the Babicanora Norte vein on the Las Chispas property located in Sonora, Mexico. The high-grade Babicanora Norte vein was discovered while drill testing beneath recently located...Read More
Australia's Avanco Resources (ASX: AVB) said Tuesday it had suspended plant operations and most mining activities at its Antas copper-gold asset in Brazil, as a result of a crippling nine-day strike that has led to major shortages and disruptions in Latin America's largest nation.The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and cons...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE STEP-OUT DRILLING AT DAISY DEPOSIT EXTENDS MINERALIZATION TOWARD SURFACENorthern Empire Resources Corp. has released exploration results from drilling at the Daisy deposit. The Daisy deposit is the westernmost of the Crown deposits located within the company's 100-per-cent-owned, 141-square-kilometre Sterling gold project in Nye county, Nevada.Michael G. Al...Read More