TOKYO (Reuters) - Japanese government officials are bracing for Donald Trump to get tough in trade talks, and are particularly anxious that the U.S. president could target Prime Minister Shinzo Abe’s weak-yen policies.The deal Trump clinched with South Korea last month, which was reached in unusually quick negotiations and included a side deal to deter competitive currency devaluation, was t...Read More
BERLIN (Reuters) - It is crucial for the United States and the European Union to engage in dialogue to avoid a trade conflict, a spokeswoman for the German Economy Ministry said on Wednesday.China hit back on Wednesday at the U.S. plans to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, whiskey and chemic...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
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
World markets are in a funk thismorning as the talk of trade wars and tariffs accelerate. China has retaliatedwith dollar-for-dollar tariffs, creating instability in the global equitymarkets. After rallying almost 400 points on Tuesday, the Dow is down 600points this morning.With all the volatility in theequity markets, the metals remain in the same consolidation pattern they havebeen in for month...Read More
World markets are in a funk this morning as the talk of trade wars and tariffs accelerate. China has retaliated with dollar-for-dollar tariffs, creating instability in the global equity markets. After rallying almost 400 points on Tuesday, the Dow is down 600 points this morning. With all the volatility in the equity markets, the metals remain in the same consolidation pattern they have been in fo...Read More
BEIJING/WASHINGTON (Reuters) - China hit back quickly on Wednesday against the Trump administration's plans to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, beef and chemicals.The speed with which the trade struggle between Washington and Beijing is ratcheting up - China took less than 11 hours to respo...Read More
How the market has performed after this closely watched trendline is violatedAfter Monday's stock sell-off, the S&P 500 Index (SPX) closed below its 200-day moving average for the first time since June 2016. Going all the way back to 1929, it's just the 19th time the index spent over a year above that trendline. It's a widely followed moving average, so bulls will tout the dip as a buying opportun...Read More
Mining companies saw its shares plummet along with metal prices on Wednesday as trade tensions between the United States and China escalated, with Beijing hitting back at Trump's plans to impose $50 billion in tariffs to goods from the Asian superpower.China retaliated with a list of duties on key US imports, including soybeans, planes, cars, whiskey and chemicals, less than 11 hours after Washing...Read More
Mining companies saw its shares plummet along with metal prices on Wednesday as trade tensions between the United States and China escalated, with Beijing hitting back at Trump's plans to impose $50 billion in tariffs to goods from the Asian superpower.China retaliated with a list of duties on key US imports, including soybeans, planes, cars, whiskey and chemicals, less than 11 hours after Washing...Read More
(Kitco News) - Gold may remain range-bound in the second quarter but likely will rise to $1,450 an ounce by the end of the year, the consultancy Metals Focus said in its 2018 Gold Focus report released Wednesday.Many of the challenges that gold faced in 2017 persist, including investor commitment to equities despite recent volatility, Metals Focus said. Recent gains in Treasury yields have also hi...Read More
Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE CAMPO MORADO MINETelson Mining Corp. has released the positive result of an independent preliminary economic assessment study (PEA) prepared in accordance with National Instrument 43-101 on the 100-per-cent-owned Campo Morado mine located in Guerrero state, Mexico.Campo Morado PEA highlig...Read More
Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE CAMPO MORADO MINETelson Mining Corp. has released the positive result of an independent preliminary economic assessment study (PEA) prepared in accordance with National Instrument 43-101 on the 100-per-cent-owned Campo Morado mine located in Guerrero state, Mexico.Campo Morado PEA highlig...Read More
Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail. The reason: miners are setting up server farms with the cards.Read full newsRead More
Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.Molybdenum prices at nearly $13 a lb are at their highest since 2014, having more than doubled since Dec. 2015.Often a byproduct of copper smelting, molybdenum's powerful anti-corrosive properties are vital for equi...Read More
U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with the release March 29 of a draft analysis of the pro...Read full newsRead More
From Adem Tumerkan: Most investors just buy and forget about their stocks. Expecting that in a couple decades that their nest-egg will be huge enough so they caRead full newsRead More
Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail. The reason: miners are setting up server farms with the cards.Read full newsRead More
U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with the release March 29 of a draft analysis of the pro...Read full newsRead More
Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favour of the company's plans to build a plant for treating concentrates form the Olympias and Skouries projects, in the country's north.The panel rejected allegations that a technical study submitted by Eldorado was deficient and in violation of a transfer contract an...Read More