OSLO, March 2 (Reuters) - Norway's central bank has awarded9.5 billion Norwegian crowns($1.21 billion) in an F-depositfor March 2-7, with a highest rate of 0.50 percent, it said onFriday.Overall demand in the auction was for 16.5 billion crowns.Allocation at the highest rate was 32 percent, the centralbank added.($1 = 7.8205 Norwegian crowns) (Reporting by Oslo newsroom) Messaging: camilla.knudsen...Read More
Caterpillar Inc. (NYSE:CAT) stock is lower today with the broader market,despite bullish attention from Morgan Stanley. Specifically, analysts there initiated coverage on the Dow component with an "overweight" rating and price target of $185, a 20% increase from the shares' current perch of $147.79.Caterpillar stock carved out an impressive channel of higher highs in 2017 that culminated in a rec...Read More
Chile, the world's No. 1 copper producer and one of the top lithium suppliers, is expected to attract about $60 billion in new mines and expansions over the next 20 years, the country's minister of mining says.According to Aurora Williams, miners with operations in the country currently spend $15 billion on support services a year, so the government has set an ambitious goal of helping locals to...Read More
Chile, the world's No. 1 copper producer and one of the top lithium suppliers, is expected to attract about $60 billion in new mines and expansions over the next 20 years, the country's minister of mining says.According to Aurora Williams, miners with operations in the country currently spend $15 billion on support services a year, so the government has set an ambitious goal of helping locals to...Read More
Mr. Jim Payne reportsDYNACERT PROVIDES INDIA, EUROPE AND CORPORATE UPDATEDynaCERT Inc. has provided the following update.Testing by Automotive Research Association of IndiaThe India trucking industry participants realize that there is a potential performance difference between testing and use of the HydraGEN technology in North America as compared with the environmental and operational conditions...Read More
Mr. Jim Payne reportsDYNACERT PROVIDES INDIA, EUROPE AND CORPORATE UPDATEDynaCERT Inc. has provided the following update.Testing by Automotive Research Association of IndiaThe India trucking industry participants realize that there is a potential performance difference between testing and use of the HydraGEN technology in North America as compared with the environmental and operational conditions...Read More
• Struggles to build on overnight recovery move. • Risk-off mood/weaker USD lending support. • Fed rate hike expectations seemed to cap gains. Gold struggled to build on overnight sharp recovery move from 2-month lows and seesawed between tepid gains/minor losses, within a narrow trading range below $1320 level. A combinat...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Next w...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Next w...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.The in...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Standa...Read More
Futures are signaling another negative session for U.S. stocks, following yesterday's third straight drop of at least 1% for the Dow Jones Industrial Average (DJI) -- the longest such stretch since January 2016. After President Donald Trump announced plans to impose new steel and aluminum tariffs, he tweeted, "When a country (USA) is losing many billions of dollars on trade with virtually every co...Read More
Shares of American Outdoor Brands Corp (NASDAQ:AOBC) -- formerly Smith & Wesson -- have plunged 11.8% in electronic trading, after the gunmaker said fiscal third-quarter sales dropped 32.6% year-over-year to $157.4 million, well below analysts' estimate. AOBC also gave a lower-than-expected current-quarter profit forecast, and in the wake of several retailers saying they would raise the age restri...Read More
Mr. Josh Crumb reportsGOLDMONEY PARTNERS WITH JUMIO TO RADICALLY STREAMLINE CUSTOMER ONBOARDING WITH BIOMETRIC-BASED VERIFICATIONGoldmoney Inc. has launched a new onboarding method with Jumio, the leading digital identity verification provider, after a successful beta release. This new on-line verification process is entirely paperless and significantly reduces on-line friction historically associ...Read More
Mr. Josh Crumb reportsGOLDMONEY PARTNERS WITH JUMIO TO RADICALLY STREAMLINE CUSTOMER ONBOARDING WITH BIOMETRIC-BASED VERIFICATIONGoldmoney Inc. has launched a new onboarding method with Jumio, the leading digital identity verification provider, after a successful beta release. This new on-line verification process is entirely paperless and significantly reduces on-line friction historically associ...Read More
The stock market is stumbling toward a sizable weekly loss, whacked in large part by trade-war fears. President Trump has "shocked the markets with a regressive, counter-productive and possibly destructive tariff plan for aluminum and steel," complains Josh "The Reformed Broker" Brown. Check out: These stocks took the biggest hits on fears of a Trump trade war Canada, the European Union and Chi...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...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
Mr. John Burzynski reports OSISKO INTERSECTS 265 G/T AU OVER 2.4 METRES AT WINDFALL Osisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and a...Read More