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
Chief executive of the NEX exchange Patrick Birley sat down with Proactive Investors' Andrew Scott to discuss what sets the NEX Exchange apart as, what he terms, the 'other London stock exchange'.Birley says the NEX offers a more community-focused approach through engaging with companies and working to understand what companies want to achieve in the market. Meet Scancell Holdings Plc, Advan...Read More
Micron Technology, Inc. (NASDAQ:MU) has shot 3.9% higher today to trade at $54.08 -- earlier hitting a 17-year high of $54.64 -- after Goldman Sachs raised its MU price target to $58 from $55, citing expectations for rising DRAM prices. Plus, CNBC's Jim Cramer said the chipmaker could benefit the most from a resurgence in PC popularity, and called MU stock a "buy on this breakout." Options traders...Read More
Nick Stevens, chief executive of StoneChecker, tells Proactive they've signed an exclusive marketing and distributor arrangement with Korea Computer Motion ISG.The agreement's for sales and distribution of the StoneChecker kidney stone analysis software in South Korea.Stevens says they're making good progress on further distribution deals - particularly in the US. Meet Scancell Holdings Plc,...Read More
Gold remains subject to cross-currents while the dollar remains firm.Though gold bulls aren't in control yet, the odds favor them this spring.Stronger raw industrial prices and China strength bode well for gold. Gold prices continue to trend sideways as both supporting factors (the U.S. tariff scare) and detrimental developments (a rising stock market) converged to create headwinds against gol...Read More
Despite more anticipated rate increases, real estate stocks have gone up.Weaker dollars, higher inflation rates, and rising debt levels have all positively impacted gold in the past - something that's expected to continue into the future.Real asset equities should provide attractive income in this environment as corporate earnings grow, allowing for dividend increases.The following Q&A is from...Read More
Major blow to the EU! The populist Five Star Movement won about one-third of thevotes in the Italian general elections. It’s another negative shock for the European establishment. Will these stars shine on gold? Five Stars Movement Triumphs We live in strange times. To be a hairstylist, you need a license. But you can become a politician being just a comedian and telling jokes. We refer here...Read More
Savannah Resources Plc (LON:SAV) chief executive David Archer updates Proactive's Andrew Scott on the results of metallurgical testing at their Mina Do Barroso project in Portugal.Archer also touches on latest Developments in Oman - saying talks are ongoing over the final outstanding approval. Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our...Read More
WASHINGTON (Reuters) - The Trump administration will try to keep any new steel and aluminum tariffs from hurting the U.S. economy, Treasury Secretary Steven Mnuchin said on Tuesday.“I think we have a way of managing through this,” Mnuchin told House of Representatives lawmakers during a hearing on President Donald Trump’s budget proposal.Reporting by Jason Lange Disclaimer: The...Read More
Continuing on with the trend of retail earnings, Dollar Tree, Inc. (NASDAQ:DLTR) is set to report fourth-quarter earnings tomorrow before the opening bell. DLTR has had a decent year overall, but has pulled back below the 50-day moving average, which could now be acting asresistance -- though the $100 level could serve as a floor going forward. The bargain retailer has picked up 35% over the pas...Read More
WASHINGTON (Reuters) - The U.S. Senate on Tuesday voted 67-32 in favor of beginning to debate a bipartisan bill that would ease rules for mid-sized and small lenders introduced following the 2007-2009 financial crisis.The vote paves the way for the chamber to potentially pass the proposed legislation by the end of the week.The bipartisan bill, authored by Senate Banking Committee chairman Mike Cra...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
Source: Streetwise Reports 03/06/2018A company that Resource Maven Gwen Preston profiled just released a maiden resource for its project in Bulgaria just seven months after it began drilling.Velocity Minerals Ltd. (VLC:TSX.V) on March 5 released a maiden resource for its Rozino Gold Project in Bulgaria. The company reported that at a 0.5 g/t cut-off grade, the resource totals 17 Mt at 1.15 g/t...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
Source: Streetwise Reports 03/06/2018A company that Resource Maven Gwen Preston profiled just released a maiden resource for its project in Bulgaria just seven months after it began drilling.Velocity Minerals Ltd. (VLC:TSX.V) on March 5 released a maiden resource for its Rozino Gold Project in Bulgaria. The company reported that at a 0.5 g/t cut-off grade, the resource totals 17 Mt at 1.15 g/t...Read More
Source: Streetwise Reports 03/06/2018Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the mineral-rich, but often overlooked, main island of Fiji, part of the South Pacific Ring of Fire, and several active miners there.Mining in FijiThe Gold Report: Lawrence, thanks for joining us today. You've had a long career in mining. Would you tell us about it?Lawrence Roulston...Read More
Source: Streetwise Reports 03/06/2018Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the mineral-rich, but often overlooked, main island of Fiji, part of the South Pacific Ring of Fire, and several active miners there.Mining in FijiThe Gold Report: Lawrence, thanks for joining us today. You've had a long career in mining. Would you tell us about it?Lawrence Roulston...Read More
HOUSTON (Reuters) - The global oil and gas industry needs to invest more than $20 trillion over the next 25 years to meet expected growth in demand and compensate for the natural decline in developed fields, Saudi Aramco Chief Executive Officer Amin Nasser said on Tuesday.Speaking at the CERAWeek conference in Houston, Nasser said the industry has already lost $1 trillion of investments since the...Read More
MEXICO CITY (Reuters) - Mexico's Economy Minister Ildefonso Guajardo on Tuesday ruled out talk of a bilateral trade treaty with the United States, saying the North American Free Trade Agreement, which is currently being renegotiated, must remain a three-country accord.Guajardo also said in a local TV interview that if the U.S. government were to push ahead with metals tariffs that included Mexico,...Read More
NEW YORK, March 6 (Reuters) - Asian gold-backed exchange-traded funds (ETFs) added more tonnes in February than North America and Europe, reversing its 2017 trend of having more flows out, the World Gold Council said on Tuesday.Asian-listed gold ETFs added 7.9 tonnes worth $318.1 million. This was an 8.3 percent increase from January."We've seen overall investment demand pick up in Asia, particula...Read More