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
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
(Kitco News) - Gold prices areslightly lower in early U.S. trading Friday. The yellow metal is seeing sellingpressure late this week from a marked uptick in trader and investor riskappetite, as evidenced by the late-week rally in world stock markets. June Comex gold futures were last down $2.00 an ounce at $1,339.90. May Comex silver was last up $0.022 at $16.495 an ounce.However,don’t be su...Read More
BEIRUT (Reuters) - The prospect of Western military action in Syria that could lead to confrontation with Russia hung over the Middle East on Friday but there was no clear sign that a U.S.-led attack was imminent.International chemical weapons experts were traveling to Syria to investigate an alleged gas attack by government forces on the town of Douma which killed dozens of people. Two days ago U...Read More
Consolidation continues to reign inthe metals markets as they go up and down within a range. The big questioncontinues to be: what will be the catalyst to break the metals out of theseranges?There are several things thatcould do the trick -- the unrest in the Mideast and Syria, or the strength orweakness of the dollar, which remains in the same torturous congestion patternas the metals. Only the s...Read More
Consolidation continues to reign in the metals markets as they go up and down within a range. The big question continues to be: what will be the catalyst to break the metals out of these ranges? There are several things that could do the trick -- the unrest in the Mideast and Syria, or the strength or weakness of the dollar, which remains in the same torturous congestion pattern as the metals. Onl...Read More
Shareholders of Brio Gold Inc. (TSX: BRIO) and LeagoldMining Corp. (TSX: LMC) have agreed to apreviously announced all-stock deal in which Leagold would acquire Brio, thecompanies report. Approval is still needed from the Ontario Superior Court ofJustice. Officials anticipate the merger will be completed in the secondquarter. "The acquisition of Brioadvances our strategy to create a...Read More
Shareholders of Brio Gold Inc. (TSX: BRIO) and Leagold Mining Corp. (TSX: LMC) have agreed to a previously announced all-stock deal in which Leagold would acquire Brio, the companies report. Approval is still needed from the Ontario Superior Court of Justice. Officials anticipate the merger will be completed in the second quarter. "The acquisition of Brio advances our strategy to cr...Read More
MOSCOW (Reuters) - Russia’s lower house of parliament is to consider draft legislation that would give the Kremlin powers to ban or restrict a list of U.S. imports, reacting to new U.S. sanctions on a group of Russian tycoons and officials.Senior lawmakers in the State Duma, which is dominated by Kremlin loyalists, said they had prepared the list ranging from food and alcohol to medicine and...Read More
No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America-would soon go bankrupt.In fact, in June of 2...Read More
A young gold miner works in Makala gold mine camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo. REUTERS/Goran TomasevicRead full newsRead More
** Palladium set for biggest weekly rise since January 2017 * GRAPHIC-2018 asset returns: (Updates prices; adds comment, second byline, NEW YORK todateline)By Renita D. Young and Zandi ShabalalaNEW YORK/LONDON, April 13 (Reuters) - Gold prices rose onFriday, heading for a second consecutive weekly gain onlingering uncertainty over Western military action in Syria.U.S. President Donald Trump and hi...Read More
A young gold miner works in Makala gold mine camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo. REUTERS/Goran TomasevicRead full newsRead More
Brio Gold :Read full newsRead More
K92 Mining Inc:Read full newsRead More
Anaconda Mining sells 4,526 ounces of gold in Q1 2018, generating $7.6M in revenueRead full newsRead More
Peter Munk, who has died aged 90, was a Hungarian-born immigrant to Canada who built the world’s largest gold mining company.Read full newsRead More
Peter Munk, who has died aged 90, was a Hungarian-born immigrant to Canada who built the world’s largest gold mining company.Read full newsRead More
A weaker dollar is the biggest driver of a higher gold price right now, says Frank Holmes, CEO of U.S. Global Investors. Holmes said that there are several fundamental factors behind the recent rally in the yellow metal and it has little to do with President Donald Trump's tweets on Wednesday about the possible military strikes in Syria. "Historically, the dollar rallies when we go into the Middl...Read More
By John Ing, President & CEOMaison Placements Canada Inc As if the world economy isn't fragile enough, it appears that we are on the brink of a trade and currency war, compounded by a protectionist reversal of globalisation that could sink the dollar which already has lost its traditional safe haven appeal. As the United States inflames relations with China and Japan, it risks a retaliation t...Read More