Recent News

Iamgold Reports High-Grade Intersections At Saramacca

February 28, 2018 / www.kitco.com

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.Iamgol...Read More

Gold Prices Remain On Defensive Following 2.5% Q4 GDP

February 28, 2018 / www.kitco.com

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

Gold Sees Tepid Bounce From Tuesday's Beatdown

February 28, 2018 / www.kitco.com

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

RBC's Gero: Gold Up On Bargain Hunting But Interest Rates Are Concern

February 28, 2018 / www.kitco.com

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.Gold h...Read More

Bitcoin Daily Chart Alert - Bull Flag Pattern Develops - Feb 28

February 28, 2018 / www.kitco.com

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

Connemara Mining raises ?900k to accelerate gold and zinc operations

February 28, 2018 / www.proactiveinvestors.co.uk

Patrick Cullen, chief executive of Connemara Mining PLC (LON:CON), tells Proactive's Andrew Scott they've raised ?900,000 through the issue of 21,686,747 shares at 4.15p, with Metal Tiger PLC (LON:MTR) subscribing for ?200,000.In conjunction with the fundraising, new board member Patrick Cullen becomes full-time chief executive.The new cash will allow Connemara to accelerate operations across it...Read More

25 Stocks Ripe For Analyst Upgrades

February 28, 2018 / www.schaeffersresearch.com

This week I'm looking at broker recommendations provided by Zacks Investment Research. For each stock, we know the number of analysts in coverage along with their rating. Ratings can be "strong buy," "buy," "hold," "sell," or "strong sell." We generally look at ratings as a contrarian indicator because analysts generally follow stock prices rather than lead them. Therefore, when a stock is moving...Read More

Gold Reacts To A Perceived Hawkish Fed

February 28, 2018 / www.kitco.com

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

Gold's Next Stop: $1,300

February 28, 2018 / www.kitco.com

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.For th...Read More

Gold consolidates overnight steep decline to over 2-week lows

February 28, 2018 / www.fxstreet.com

   •  Subdued USD demand/risk-off mood lends some support.   •  Firming Fed rate hike expectations should limit strong gains.  Gold extended its consolidative price action through the early European session on Wednesday and remained within striking distance of 2-1/2 week lows.  With investors still digesting the new Fed Chair Jerome Powell's fi...Read More

Gold risk reversals show rising demand for bearish bets

February 28, 2018 / www.fxstreet.com

The drop in gold prices has revived interest in put options. Risk reversals turned negative on Feb. 22. The double top-like pattern seen in gold's (XAU/USD) daily chart seems to have revived interest in the bearish bets - put options. The XAU/USD one-month 25 delta risk reversals turned negative on Feb. 22 and hit a low of -0.30 yesterday. As of writing, it is seen at -0.25. The decline from...Read More

Old gold mine for sale in Scottsdale

February 28, 2018 / dlvr.it

If you purchase a certain piece of land off Old Mine Road in North Scottsdale, you will literally be sitting on a gold mine.Read full newsRead More

Wallbridge Starts Dewatering of Fenelon Gold Mine Workings for Bulk Sampling Program

February 28, 2018 / dlvr.it

TORONTO, Feb. 27, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ('Wallbridge') is pleased to announce that it has commenced the dewateri...Read full newsRead More

Porgera gold mine in Papua New Guinea suspends some output after quake-Barrick

February 28, 2018 / dlvr.it

Some production activities at the Porgera gold mine in Papua New Guinea have been suspended to save power after a powerful earthquake damaged the power station that supplies the mine, operator Barrick (Niugini) Ltd said on Tuesday.Read full newsRead More

Mining for asteroids will be the next gold rush

February 28, 2018 / dlvr.it

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

Gold: Potential New Dollar Cycle Could Upset The Apple Tart

February 28, 2018 / seekingalpha.com

Dollar rallies hard after Powell's testimony.Gold is now at clear risk of breking through its February lows.If it does, $1,240 is the next support price - almost $80 an ounce away.The downswing in the gold price (NYSE:GLD) yesterday should definitely put swing traders on alert that lower prices are coming. Gold now is in clear danger of breaking though the lows its printed on the 9th of Februa...Read More

Flash: China's manufacturing PMI down to 50.3 in Feb

February 28, 2018 / news.metal.com

SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January.  For editorial queries, please contact Daisy Tseng...Read More

Flash: China's manufacturing PMI down to 50.3 in Feb

February 28, 2018 / news.metal.com

SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January.  For editorial queries, please contact Daisy Tseng...Read More

Flash: China's manufacturing PMI down to 50.3 in Feb

February 28, 2018 / news.metal.com

SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January.  For editorial queries, please contact Daisy Tseng...Read More

U.S. Consumer Confidence Is at 17-Year High

February 28, 2018 / www.bloomberg.com

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Tuesday.Highlights of Consumer Confidence (February)Confidence index rose to 130.8 (est. 126.5), highest since Nov. 2000, from downwardly revised 12...Read More

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