(Kitco News) - Famed hedge fund manager and “bond king of Wall Street” Jeffrey Gundlach continues to be bullish on gold, reiterating his call that when the market breaks above through critical resistance at $1,360 an ounce, gold will push $1,000 higher. According to recent Reuers article, Gundlach presented his bullish case for gold Tuesday at an event for DoubleLine clients. He also s...Read More

Montreal, QC, April 25 2018 - The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is proud to announce that its new Incoming President Elect for 2020-2021 will be Samantha Espley, Vale's Director of the Technical Excellence Centre of Mining and Mineral Processing."I feel honoured to be asked to lead CIM. It's an amazing feeling," said Espley, who is looking forward to the learning...Read More

(Kitco News) - Sentimentin the gold market is mixed as Wall Street is bearish while Main Street isbullish on the short-term outlook for gold prices, based on the Kitco Newsweekly gold survey.Themarket professionals who took part in the Wall Street survey look for furthergold declines on signs of peace on the Korean Peninsula, which would mean lesssafe-haven buying of the precious metal. They also...Read More

(Kitco News) - Sentiment in the gold market is mixed as Wall Street is bearish while Main Street is bullish on the short-term outlook for gold prices, based on the Kitco News weekly gold survey.The market professionals who took part in the Wall Street survey look for further gold declines on signs of peace on the Korean Peninsula, which would mean less safe-haven buying of the precious metal. They...Read More

NEW YORK (Reuters) - U.S. companies are on track to buy back a record amount of their own stock this year, but a decades-old markets rule aimed at preventing manipulation makes these trades easy to game and has probably cost companies billions in recent years.Stock buybacks were banned in the United States until 1982, when rules were set as to how companies could repurchase their shares without fa...Read More

(Bloomberg) - As the breeze comes in from the Baltic Sea in the Polish port of Gdansk, workers are preparing to turn sheets of hard, black steel normally used in ship sections into 500-ton tubes for offshore wind turbines.Forever known as the birthplace of the Solidarity movement that helped topple communism in eastern Europe, the former Lenin Shipyard is aiming to be at the forefront of a revolu...Read More

SEOUL (Reuters) - North and South Korea made ambitious promises for peace on Friday, including to formally end the Korean War this year, but made only a vague commitment to “complete decentralization of the Korean peninsula” without specifics on how that key goal would be achieved.The declaration signed at the historic summit between the leaders of the two Koreas also did not mention s...Read More

The two oil companies reported first-quarter earnings before the bell this morningEarnings season is powering forward, with the latest batch of reports that came in early this morning including a pair of blue-chip oil concerns. Specifically, Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) reported earnings before today's opening bell, but the energy stocks are trading in oppo...Read More

   •  A mildly softer tone around US bond yields prompts some short-covering.   •  Stronger USD/fading safe-haven demand likely to cap any strong recovery. Gold now seems to have entered a bearish consolidation phase and was seen oscillating in a narrow trading range near 5-week lows, below 100-day SMA. A strong wave of US Dollar buying interest, triggered b...Read More

The equity tends to bounce after dips to its 320-day moving averageFast-food titan McDonald's Corporation (NYSE:MCD) is slated to report earnings before the opening bell on Monday. While the shares of the blue chip have struggled in 2018, the stock could be sending up a "buy" signal before earnings, if recent history is any indicator.McDonald's stock recently pulled back to within one standard dev...Read More

FREE ZINC INTRADAY TIPSZinc Intraday – BUY Zinc at CMP 208.65 with Small SL 207.95 for Target 209.50 – 210 – 210.70. Trade with 2 lots todayAFTER POST CONTENT Read More

CNBCCommerce Secretary Wilbur Ross holds up a can of Campbell's Soup during an interview with CNBC, explaining that a 25% tariff on imported steel would only raise prices by a few pennies. The numbers: The final reading of the University of Michigan consumer sentiment index was 98.8, up from the initial reading of 97.8 but still below March's level of 101.4. Current economic conditions fell s...Read More

(Bloomberg) - The economic case for mining coal to generate electricity in the U.S. continues to fade.Arch Coal Inc., the second-largest U.S. producer by tonnage, said Thursday it was cutting production at its biggest mine, citing weak demand from power plants. The company expects output from the Black Thunder mine in Wyoming will be between 62 million and 68 million tons this year, down from 70....Read More

LONDON/NEW YORK/SINGAPORE (Reuters) - After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a period of relatively boring stability, experts say.A worldwide wave of regulation has led to a collapse in trading volumes. Cryptocurrency advertisements are disappearing from top internet pages, and bitcoin no longer dominates Google searches.As i...Read More

MOSCOW, April 27 (Reuters) - Russia's Rusal will be forced to quit the global aluminium market and focus on domestic consumers if the U.S. does not lift sanctions once an independent board is in place, a source familiar with the matter said.Washington this month imposed sanctions on billionaire Oleg Deripaska and several companies in which he is a large shareholder, including Rusal, in response to...Read More

Free Nickel Call – BUY Nickel at CMP 945.50 for Target 953.50 – 959.50 with Small SL below price 938.50AFTER POST CONTENT Read More

(Bloomberg) - Ecuadorian officials have held talks with several foreign companies about the possibility of building a copper refinery as the smallest OPEC member looks to reduce its dependence on oil, the mining minister said.Chinese and Japanese companies and Glencore Plc "could be among those interested in the project," Rebeca Illescas said Thursday. The government intends to choose companies i...Read More

(Bloomberg) - Ecuadorian officials have held talks with several foreign companies about the possibility of building a copper refinery as the smallest OPEC member looks to reduce its dependence on oil, the mining minister said.Chinese and Japanese companies and Glencore Plc "could be among those interested in the project," Rebeca Illescas said Thursday. The government intends to choose companies i...Read More

BEIJING, April 27 (Reuters) - Jiangxi Copper Co, one of China's top copper producers, posted its biggest quarterly profit in 3-1/2 years on Friday thanks to higher copper prices.Net income for the first quarter of 2018 came in at 766 million yuan ($120.9 million), up 41.5 percent from a year earlier, the Nanchang-based company said in a filing to the Shanghai Stock Exchange.The result is the highe...Read More

BEIJING, April 27 (Reuters) - Jiangxi Copper Co, one of China's top copper producers, posted its biggest quarterly profit in 3-1/2 years on Friday thanks to higher copper prices.Net income for the first quarter of 2018 came in at 766 million yuan ($120.9 million), up 41.5 percent from a year earlier, the Nanchang-based company said in a filing to the Shanghai Stock Exchange.The result is the highe...Read More