Recent News

Chile's Codelco profits up slightly despite rising costs

May 25, 2018 / www.mining.com

SANTIAGO, May 24 (Reuters) - Chilean state copper company Codelco reported a slight increase in first quarter profits over the same period the previous year, as rising copper prices offset increasing costs at the world's top producer of the red metal.Codelco, which delivers all its profits to the Chilean state, reported pre-tax earnings of $537 million between January and March, an increase of nea...Read More

Platinum hedge fund co-founder pleads guilty in corruption case

May 25, 2018 / www.kitco.com

May 25 (Reuters) - A founder of the hedge fund firm Platinum Partners pleaded guilty on Friday to a criminal conspiracy charge, six months after a mistrial in a corruption case against him and a former New York City labor leader.Murray Huberfeld, 57, of Lawrence, New York, entered his plea before U.S. District Judge Alvin Hellerstein in Manhattan.The plea followed jurors’ deadlock last Nov....Read More

Die Eurokrise ist zur? 1/4 ck

May 25, 2018 / lnkd.in

Die Eurokrise ist zur? 1/4 ckRead full newsRead More

Should investors worry about #gold this summer? @mercenarygeo shares his thoughts in this #IMIC18 interview:

May 25, 2018 / ow.ly

Gold recently fell below $1,300 per ounce for the first time in 2018. Does that spell trouble for gold this summer?Read full newsRead More

Great Bear's Drilling Returns High Grade Gold at Dixie Project, Red Lake, Ontario

May 25, 2018 / bit.ly

Great Bear Resources (TSXV:GBR, OTC:GTBDF) (theRead full newsRead More

POSITIONAL HOLD / CARRY Lead Hold call – SELL Lead JUN at 169.40 Add more at price 170.40 for Target 167.80 – 166.80 – 166 with SL Above price 171.10

May 25, 2018 / mcx.freetips.tips

MCX LEADLead Hold call – SELL Lead JUN at 169.40 Add more at price 170.40 for Target 167.80 – 166.80 – 166 with SL Above price 171.10. RISK taker trade 2 lots AFTER POST CONTENTRead More

U.N. urges Saudi-led coalition to speed Yemen imports, avoid starvation

May 25, 2018 / www.kitco.com

GENEVA (Reuters) - The United Nations aid chief urged the Saudi-led military coalition that controls Yemen’s ports to expedite imports of food and fuel supplies, warning that a further 10 million Yemenis could face starvation by year-end.Yemen is the world’s worst humanitarian crisis, according to the United Nations, with some 8.4 million people severely short of food and at risk of st...Read More

Why China's Payment Apps Give U.S. Bankers Nightmares -- Read this great article here:

May 25, 2018 / www.bloomberg.com

Americans might think they're living in the future of consumer payments, but many in the industry are looking to ChinaRead full newsRead More

Gold ends lower, but holds above key $1,300 level to book a weekly gain

May 25, 2018 / www.marketwatch.com

Gold finished modestly lower Friday, pressured by strength in the U.S. dollar, but prices held just above the key $1,300-an-ounce level to score a gain for the week. June gold GCM8, +0.09% fell by 70 cents, or less than 0.1%, to settle at $1,303.70 an ounce, but climbed roughly 1% for the week. It settled at the highest finish since May 14 on Thursday, after President Donald Trump announced the ca...Read More

Gold Prices End The Week Above $1.300 But Can It Last?

May 25, 2018 / www.kitco.com

(Kitco News)- Sentiment in the goldmarket appears to be shifting as prices hold on to critical support at $1,300an ounce, bouncing off fresh five-month lows at the start of the week.However, some analystsare not convinced that the yellow metal has found its bottom just yet as themarket remains in a downtrend. Despite the push higher, prices have been unableto break above essential resistance point...Read More

Gold Prices End The Week Above $1.300 But Can It Last?

May 25, 2018 / www.kitco.com

(Kitco News) - Sentiment in the gold market appears to be shifting as prices hold on to critical support at $1,300 an ounce, bouncing off fresh five-month lows at the start of the week.However, some analysts are not convinced that the yellow metal has found its bottom just yet as the market remains in a downtrend. Despite the push higher, prices have been unable to break above essential resistance...Read More

EU states agree rules to make search engines pay for news

May 25, 2018 / www.kitco.com

BRUSSELS (Reuters) - Search engines like Google (GOOGL.O) and Microsoft’s Bing (MSFT.O) could be made to pay for showing snippets of news articles under draft copyright rules endorsed by European Union ambassadors on Friday.The measure, which is not yet final, would allow press publishers to ask search engines to pay them for showing their articles for up to one year after publication.The or...Read More

Put Buyers Blast Oil ETF as Crude Tanks

May 25, 2018 / www.schaeffersresearch.com

The energy fund is headed toward its worst day since FebruaryOil prices are plummeting today on reports the Organization of the Petroleum Exporting Countries (OPEC) and Russia are considering ramping up crude production to offset supply drops from Iran and Venezuela. At last check, July-dated crude futures are down 4.2% at $67.75 per barrel. Options traders are betting on even stiffer headwinds fo...Read More

Best Dow Stock to Own Next Week

May 25, 2018 / www.schaeffersresearch.com

What's more, the security's short-term options are a bargainUnitedHealth Group Inc (NYSE:UNH) stock is near the top of the Dow today, last seen 0.7% higher at $244.47, as traders digest a long-term partnership with Quest Diagnostics (DGX). What's more, UNH shares could once again lead blue chips during the holiday-shortened week, if recent history is any indicator, and the insurance concern's shor...Read More

Fed's Kaplan 'hopeful' rate-setting tweak will address issue

May 25, 2018 / www.kitco.com

DALLAS (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Friday said he is “hopeful” that an adjustment to a key Fed interest-rate target the next time it raises rates will take care of the issue.“It’s an adjustment that will help us better set the Fed funds rate, and I’d be hopeful that this adjustment will address that issue,” Kaplan told repo...Read More

Take Five: World markets themes for the week ahead

May 25, 2018 / www.kitco.com

LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/MISSION IMPOSSIBLE?Italy’s new government will be taking shape next week. The eurosceptic, anti-austerity coalition comprising the anti-establishment 5-Star and far-right League has already been described as on a “suicide mis...Read More

Today Zinc Free Tips – Zinc BUY Call 9ee, given at price 208.20 Achieved 1st Target 209.10. CMP 209.15. Total profit of 0.9 Points per lot

May 25, 2018 / mcx.freetips.tips

TODAY ZINC FREE TIPSToday Zinc Free Tips – Zinc BUY Call 9ee, given at price 208.20 Achieved 1st Target 209.10. CMP 209.15. Total profit of 0.9 Points per lotTIPS ID 9ee : Zinc Call - BUY Zinc at CMP 208.20 for Target 209.10 - 209.90 with SL below price 207.30 Read More

Oil prices slump as OPEC and Russia consider output boost

May 25, 2018 / www.kitco.com

NEW YORK (Reuters) - Oil prices fell about $3 per barrel on Friday as Saudi Arabia and Russia discussed easing supply curbs that have helped push crude prices to their highest since 2014.Brent crude futures LCOc1 fell $2.69, or 3.4 percent, to $76.10 a barrel by 1:07 p.m. EDT (1707 GMT). The contract hit its highest since late 2014 at $80.50 last week. Brent was on track to fall about 3.1 percent...Read More

Options Bulls Blast Marvell Technology Stock Ahead of Earnings

May 25, 2018 / www.schaeffersresearch.com

One trader today is using options to simulate a long stock purchaseMarvell Technology Group Ltd. (NASDAQ:MRVL) is popping today, after the semiconductor firm's $6 billion deal to buy Cavium (CAVM) received clearance from the Committee on Foreign Investment in the United States (CFIUS). At last check, MRVL shares were up 2.5% to trade at $22.50, and one speculator appears to be using options to sim...Read More

Meghan Markle makes gold sales sparkle

May 25, 2018 / www.mining.com

NEW YORK (Reuters) - The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.The first three months of the year were the strongest first quarter for gold jewelry demand in the United States since 2009, according to the World Gold Council. Sellers say that is due in no small part to the pub...Read More

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