Exclusive information obtained by Reuters reveals that Brazilian pension funds led by Previ are planning to sell 10 per cent to 12.5 per cent of their stakes in iron ore miner Vale SA (NYSE:VALE) through a public offering.According to the news agency, four people with inside knowledge of long-rumored plans to migrate Vale to a dispersed ownership structure confirmed this information. The share sal...Read More
Just a month after selling its South Wawa gold property, Toronto-based Argo Gold (CSE: ARQ) announced that it is selling its Rockstar Gold Property to Manitou Gold (TSXV: MTU).Rockstar is located in Ontario's Sault Ste. Marie Mining Division, 50 kilometres north-northeast of Wawa, and contains six known gold bearing occurrences. The most significant prospects are the Rockstar Prospect and the Trac...Read More
A mixture of cyanide and copper, when irradiated with UV light, could have produced simple sugars that formed the building blocks of life on early Earth. This is according to Harvard graduate student Zoe Todd and Dimitar Sasselov, the Phillips Professor of Astronomy and director of the Harvard Origins of Life Initiative.In a paper published this week in the journal Chemical Communications, the res...Read More
https://vrify.com/VRify is a communication platform empowering companies and investors to connect on a new level. Showcase your projects and assets to investors in our virtual space, share the latest news and events instantly and market your company like never before.Read More
Mar 23, 2018 Guest(s): Bill Baruch President, Blue Line Futures Investors can expect gold to break out to $1,420 an ounce this year, said Bill Baruch, president of Blue Line Futures.Gold rallied this week despite the Fed announcing higher interest rates because investors were expecting the FOMC to adopt an even more hawkish stance, according to Baruch.Baruch told Kitco News that if gold can brea...Read More
Mar 22, 2018 Guest(s): E.B. Tucker For gold investors patiently awaiting a gold rally, Doug Casey's right-hand man says the time has come. "This is exactly the time, that something unrelated sets off a gold rally. The charts say it's time and the gold/silver ratio says its time, but it's not going to come from where you think, it's going to come from left-field," said E.B. Tucker, editor of The...Read More
Gem Diamonds (LN:GEMD) has had a good 2018 so far, with seven plus-100 carat diamonds already recovered at its 70%-owned Let??eng mine in Lesotho, matching the total recovered in 2017.Clifford Elphickhas seen many changes in the diamond sector over the years22 MARCH 201822/03/2018commentsshare Mining Journal spoke to GEM CEO Clifford Elphick about the recoveries and what the company is planning fo...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:BARAUDDescriptionBarra Resources Ltd. are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial03/22/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$22.18M$20.98M03/22/2018$-1.19MTotal Assets:$8.46M$8.47M03/22...Read More
Former Dallas Fed advisor Danielle DiMartino Booth, S&P equity chief investment officer Erin Gibbs and Hartland & Co. Senior Managing Director Jim Awad on the Federal Reserve's decision to raise interest rates and how it impacted the market.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Mone...Read More
Sector expert Ron Struthers outlines his investment thesis for an explorer with ten-bagger potential, and offers his take on the relationship between interest rate hikes and the price of gold. On March 21, Fed chair Jerome Powell held his maiden post-policy statement press conference. As expected rates went up a quarter-point, and also as expected there was some softness in the gold price leading...Read More
During this 50+ minute interview, Jason asks Lynette about a number of topics including:1) Why despite Fed rate hikes the last 12 months and massive QE from the ECB and BOJ the US Dollar is sputtering?2) Is the bond bull market over?3) Why do so many Americans favor crypto currencies to precious metals now?4) Will China's credit bubble pop before other credit bubbles and asset bubbles burst?Lynett...Read More
We all know that privacy is a thing of the past, right? Pfff. The government spying on everyone? That's yesterday's news. But if you think you've heard it all when it comes to the obtrusive police state panopticon, you've got another thing coming. Here are five privacies you didn't even realize you lost.Photo by: Rob Pongsajapan / FlickrRead More
The crypto ship is sailing in rough seas at the moment. My advice? Stay away for now. Preserve your capital for after the major crash, and then pick winners from the bones.Continue...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
On every rate hike the Fed has made in recent times, the gold price has traded higher two months laterContinue...Read More
Perhaps spurred on by the persistence of local treasure hunters (or perhaps not; no one's talking)Continue...Read More
Lithium exploration company, Lake ResourcesN.L. (ASX:LKE) today announced it has secured commitments to raise A$4.5million in an oversubscribed private placement to sophisticated andprofessional investors. The original offer was increased from $4million due to significant demand from current shareholders, with the upsized$4.5 million raise to be completed by Monday 26 March 2018.The funds will be...Read More
RAPAPORT... Carol Pennelli has been appointed president of US-basedluxury jeweler David Yurman, where she will be responsible for everything exceptdesign and creative functions, the company said Tuesday. Pennelli (pictured) has worked at David Yurman for 15 years, mostrecently as chief commercial officer. "Carol has been critical to our business's growth across allcommerce points, and ha...Read More
– Gold gained 1.8% and silver 2.5% to $1,333/oz and $16.60/oz yesterday– Gold climbs as Fed increases interest rates by 0.25% – now 1.5% to 1.75% range– Dovish Fed Chair Powell plans fewer than expected rate hikes in 2018 – Markets disappointed at lack of hawkish comments from new Fed Chair – Dollar LIBOR rises to highest level since November 2008 &nda...Read More
His handdidn’t shake. Powell hiked interest rates at the first FOMC meeting with him asthe Chair. But the key factor for the gold market is what hesignaled about the future path of the federal funds rate. The crucial word is“three”, not “four”. AnotherMeeting, Another HikeIn line with expectations, the FOMC acknowledged the improved economic outlook and raised interes...Read More