While debate rages over how much lithium the battery industry can consume, there's a more scarce mineral that has carmakers worried.Read full newsRead More
The dollar nursed its losses against the yen on Thursday, having suffered its biggest one-day drop in nearly eight months following a report that China was ready to slow or halt its purchases of U.S. Treasuries.Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
America's trade imbalance just got a wee bit smaller. The U.S. has now become a net exporter of natural gas on an annual basis for the first time since at least 1957.Read full newsRead More
The Egypt-focused gold miner also expects solid growth this year. It's targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.Read full newsRead More
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 10, 2018) - Note to editors: There are three photos associated with this press release. Lundin Gold Inc. (Read full newsRead More
Barrick Gold Corp:Read full newsRead More
Includes Toll-milling and Exploration Earn-in Options for Each at McCoy-Cove and Rye ProjectsTHUNDER BAY, ON, Jan. 10, 2018 /CNW/ - PREMIER GOLD MINES LIMIT...Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
The US is expected to decide tomorrow whether to continue to waive sanctions on...Read full newsRead More
A key decision by the US president is due by Friday, and could put his country on an almost inevitable path towards more conflict in the Middle EastRead full newsRead More
Gold prices were solidly higher on Wednesday as the metal hit a 3-1/2 month high, remaining above the key support level of $1,300 an ounce. Since the U.S. Federal Reserve Rate hike in December, the metal has managed to rally close to 6%. But Peter Hug, global trading director for Kitco Metals, is waiting for the road to fully clear. "I am not a complete bull on this market yet. I would like to se...Read More
Cardinal Resources (ASX:CDV, CDV.TO) has now completed a close spaced drill program at the Namdini zone where the company plans to start its mining operations in a higher grade starter pit. This grade control drilling program has confirmed the expected grades (and the size) of the starter pit, which increases our confidence in the positive outcome of the Preliminary Economic Assessment.The drill p...Read More
10-year yield drops from highs after auction, Nafta reportS&P 500 halts six-day rally, sees first loss of 2018Mark Hawtin, investment director at GAM, talks about the impact of inflation levels on bond and equity markets.U.S. stocks fell for the first time this year as shares that serve as bond proxies tumbled on speculation interest rates will continue to rise. Treasuries turned higher in la...Read More
PBOC is said to adjust formula for fixing yuan exchange rateKorea said it would take stern steps to curb one-sided movesPrestige's Schenker Sees Pressure on DollarDollar bears take heed: Asian central banks may be putting the brakes on the greenback’s slide.After working for three years to staunch the yuan’s slump, China is now moving to combat the opposite problem. The People’...Read More
Stocks declined on Wednesday, Jan. 10, the dollar slumped and bond yields spiked to a 10-month high following reports that China may be reconsidering its investment in U.S. government debt. If stocks finished lower on Wednesday it would be the first down day of 2018. The Dow Jones Industrial Average fell 44 points, or 0.18%, the S&P 500 slipped 0.22%, and the Nasdaq was down 0.5% a...Read More
Stock futures fell sharply Wednesday, while the dollar slumped and bond yields spiked to a 10-month high following reports that China may be reconsidering its investment in U.S,. government debt. Contracts tied to the Dow Jones Industrial Average fell 110 points from their Tuesday close while those linked to the broader S&P 500 tumbled 10.5 points, or 0.38%, from yesterday's record...Read More
The latest news and price moves to start the Asian day on Thursday January 11.Nickel continued to rally on the London Metal Exchange during afternoon trading on Wednesday January 10, closing in positive territory alongside the rest of the metals. Read more here in our live futures report.Here are how prices looked at the end of the day on Wednesday.Unspecified technical issues at Birla Copper's Da...Read More
I simulate a 3x daily leveraged gold fund back for 50 years.The fund performs horrifically: It is currently on a 38-year downturn and has lost as much as 99.8% of its value.Despite that, I own shares of UGLD.** This article deals with leveraged funds. Leveraged funds are not suitable for many investors. They are highly volatile, and can suffer enormous and long downswings. Please invest carefully....Read More
Millennials are finally growing up.I'm sure you've heard the stories by now. Millennials are stunted, the experts warn. They're up to their eyeballs in student loan debt. They're having trouble finding good-paying jobs. Heck, most of them are living in their parent's basements or crappy apartments.But here's the thing: many of these generalizations aren't true at all. In fact, millennials have gro...Read More