(Kitco News) - Gold prices saw a modest rally in early-afternoon U.S. trading Tuesday, as U.S. President Donald Trump announced the U.S. is pulling out of the 2015 agreement with Iran regarding that nation halting its nuclear weapons program. However, prices have pulled back a bit from session highs scored just after Trump started his speech. Still, gold prices are modestly above where they were j...Read More
Today Zinc Intraday – Zinc SELL Call 7e7 given at price 208.60 Achieved 1st Target 207.60. Made 207.50 (12:35pm) Total profit of 1.10 x 2 lot = 2.20 PointsTIPS ID 7e7 : Zinc Call – SELL Zinc at CMP 208.60 for Target 207.60 – 207 with SL Above price 209.7. RISK taker trade 2 lotsAFTER POST CONTENT Read More
Lead Carry Call – SELL Lead at CMP 156.10 for Target 155 – 154 with SL Above price 157.20 RISK Taker trade 2 lotsAFTER POST CONTENT Read More
With limited upside for precious metal prices, miners are refocusing on productivity, says Nathan Flesher, who works for McKinsey's mining arm.Gold miners are looking at a rangebound price for bullion at the $1,300/oz level. But with a limited outlook for any significant moves for gold upwards, miners must generate more output from capital spent to attract investor interest. Flesher says measu...Read More
With limited upside for precious metal prices, miners are refocusing on productivity, says Nathan Flesher, who works for McKinsey's mining arm.Gold miners are looking at a rangebound price for bullion at the $1,300/oz level. But with a limited outlook for any significant moves for gold upwards, miners must generate more output from capital spent to attract investor interest. Flesher says measu...Read More
Zinc Call – SELL Zinc at CMP 208.60 for Target 207.60 – 207 with SL Above price 209.7. RISK taker trade 2 lotsAFTER POST CONTENT Read More
(Kitco News)- Warren Buffet, CEO ofBerkshire Hathaway, is known for his pernicious views on gold but his latestbout of negativity misses the point of yellow metal’s true investment value,according to some analysts.The Oracle of Omahamade some ripples through the gold market over the weekend as he compared theprecious metal to the S&P 500. During his presentation Saturday at theBerkshire...Read More
Do you think penny stocks are best left to amateur traders who don’t understand that cheap stocks are cheap for a reason? It’s not an entirely unfair assessment. Many of these young (and doomed companies) are the beneficiaries of great sales pitches, but their investors often end up suffering buyer’s remorse.It’s a misnomer, however, to think all penny stocks — let&rs...Read More
(Kitco News) - Warren Buffet, CEO of Berkshire Hathaway, is known for his pernicious views on gold but his latest bout of negativity misses the point of yellow metal’s true investment value, according to some analysts.The Oracle of Omaha made some ripples through the gold market over the weekend as he compared the precious metal to the S&P 500. During his presentation Saturday at the Ber...Read More
Ontario is creating jobs and boosting economic growth and prosperity for Northerners through recent investments from the province's Northern Ontario Heritage Fund Corporation (NOHFC). In 2017-18, the province invested more than $188 million through the NOHFC into more than 950 projects in 145 communities across the North, leveraging more than $964 million in direct economic activity and helping t...Read More
Traders are on edge as the world awaits Trump's decision on IranIt's been a volatile day for stocks, with major equity indexes bouncing between positive and negative territory as investors anxiously await President Donald Trump's decision on whether or not to move forward with the nuclear deal with Iran. The president is expected to make his announcement from the White House at 2:00 PM Eastern. Ag...Read More
GENEVA (Reuters) - The United States is threatening the World Trade Organization with “three hard blows”, including taking the system of judicial appointments hostage, China’s Ambassador to the WTO, Zhang Xiangchen, told its membership on Tuesday.Zhang said it was “dangerous and devastating” that the United States was challenging the WTO’s fundamental guiding pr...Read More
A short squeeze could help fuel a big bounceThe shares of Array Biopharma Inc (NASDAQ:ARRY) have struggled since peaking two months ago. However, ARRY stock has pulled back to a historically supportive trendline, suggesting it could be time to buy the dip. What's more, Array Biopharma is scheduled to report earnings tomorrow morning, and the shares have a history of rallying after quarterly releas...Read More
Valeant said it will change its name to Bausch Health in JulyShares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) are surging today -- up 15.9% to trade at $21.05, and on track for their best day since Nov. 7 -- after the drugmaker reported stronger-than-forecast first-quarter adjusted profit and sales, boosted its full-year revenue forecast, and said it is changing its name to Bausch Health Comp...Read More
Nickel Intraday – SELL Nickel at CMP 942.40 for Target 935 – 931 with SL Above price 950. Trade 2 lotsAFTER POST CONTENT Read More
Manufacturers, particularly in the technology and automotive sectors, are under increasing pressure from customers to demonstrate that products are made with responsibly-sourced materials. Transparent supply chains that trace where the materials come from and what practices were used to produce them are expected by shareholders and the public. But unlike similar programs gaining momentum in other...Read More
Manufacturers, particularly in the technology and automotive sectors, are under increasing pressure from customers to demonstrate that products are made with responsibly-sourced materials. Transparent supply chains that trace where the materials come from and what practices were used to produce them are expected by shareholders and the public. But unlike similar programs gaining momentum in other...Read More
NEW YORK (Reuters) - Mundane back-office concerns are giving pause to potential investors in digital currency hedge funds who have otherwise warmed up to the volatile asset class.Traditional custodian banks such as Bank of New York Mellon Corp (BK.N) and State Street Corp (STT.N) do not yet handle crypto assets like bitcoin. That means hedge funds have been forced far from Wall Street to places li...Read More
LONDON (Reuters) - Oil prices eased on Tuesday from 3-1/2-year highs they hit on worries the United States may be set to pull out of a key nuclear accord with Iran, but robust tech sector gains in Asia helped support world stocks near one-week highs.U.S. President Donald Trump will announce at 1800 GMT whether Washington will withdraw from a deal that eased economic sanctions on Iran in exchange f...Read More
Today Thomson Reuters released the GFMS Gold Survey 2018, the 51st in the series of annual Surveys, looking at the shifts and developments in the global gold markets, their fundamentals and their drivers over the year and setting the scene for the future. As usual the prospect for higher price depends on risk hedging at the professional level while grass roots activity should support a higher base...Read More