Why is there such a huge gap between spot price and future price in gold/silver?1. Mines are closed or closing. There will be no new supplies.2. Global lockdown is preventing physical gold and silver to be transferred from one nation to another. 3. Lack of alternate safe investment avenue and availability of free money to fund managers and large corporates has resulted in shor...Read More
"Many #gold companies are taking action in the face of #COVID19 - read our list to see what explorers and producers are doing. https://t.co/f5YZXGQoNW #mining #investing #coronavirus"Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
(Kitco News) - Prices for platinum group metals are bouncing higher Tuesday as the physical market is expected to become a lot tighter as South Africa prepares to shut down its mines in its effort to slow the spread of the coronavirus.Read full newsRead More
The Dow Jones Industrial Average saw its gains firm Wednesday midday, helping the blue-chip index find purchase above the psychologically significant level...Read full newsRead More
Oil logged its third straight winThe Dow capitalized on yesterday's historic gain with another win today, its first set of back-to-back wins since Feb. 6. The blue-chip index climbed over 1,100 points at its session highs, thanks in part to big days from both Boeing (BA) and Nike (NKE). However, the Dow came off its highs in last-minute trading, amid a possible impasse with the stimulus bill betw...Read More
The SPX is still up 11.5% a year annualized off its 2009 bottomIt's been an absolute bloodbath on Wall Street the last two months, there's no sugarcoating it. How bad is it, actually? Well, after Monday's historic drop, it was the sixth largest pullback for the S&P 500 Index (SPX) going back to 1928, according to Schaeffer's Senior Quantitative Analyst Rocky White. However, stocks have made a bit...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Yields on both the 1-month and 3-month Treasury bills dipped below zero WednesdayRead full newsRead More
Morgan Stanley upgraded from "equal-weight" to "overweight"Virgin Galactic Holdings Inc (NYSE:SPCE) is up 6.9% to trade at $17.45 at last check. The aerospace company was upgraded to "overweight" from "equal-weight" by Morgan Stanley, who believes the company has a healthy enough cash position to navigate the near-term discord. However, Morgan Stanley also cut its price target to $24 from $30 due...Read More
KeyBanc upgraded KB Home to "overweight" from "sector weight"Homebuilding concern KB Home (NYSE:KBH) is enjoying an impressive day of gains, up 22.2% at $19.08 this afternoon following an upgrade to "overweight" from "sector weight" from KeyBanc. The analyst maintained its $25 price target. KeyBanc's bull note comes right ahead of KBH's first-quarter earnings report, which is due out after the clo...Read More
Red Rock Resources (LSE:RRR) has said it sees " upside potential rather than a potential for more downside surprises" as the world continues to move throug...Read full newsRead More
Sirios announces the temporary suspension of all its exploration field work, in compliance to the directives of the Quebec government.Read full newsRead More
Steppe Gold Limited is extremely pleased to announce the commencement of ore processing at its 100%-owned ATO Gold Mine in Mongolia.Read full newsRead More
Customers must sell their gold, silver and platinum this week. Otherwise, ABN Amro will do that for them...Read full newsRead More
Emgold Mining Corporation announces that, subject to regulatory approval, it has retained futurum bank AG?,,? to initiate market-making services.Read full newsRead More
Stocks are rallying midday on the back of the $2 trillion emergency stimulus bill passed late last night Falling back earlier following this morning's modest rally, the Dow Jones Industrial Average (DJI) is now seeing a resurgence, up over 800 points midday thanks to boosts from Boeing (BA) and Nike (NKE), the latter surging on an earnings beat. The S&P 500 Index (SPX) and Nasdaq Composite (IXI...Read More
The Canadian miner is studying options to maintain control.Read full newsRead More
Customers must sell their gold, silver and platinum this week. Otherwise, ABN Amro will do that for them...Read full newsRead More
Target decided to withdraw its first-quarter and full year forecast Target Corp (NYSE:TGT) CEO Brian Cornell announced the company will be withdrawing its guidance for the first quarter and fiscal year due to the economic impact caused by the coronavirus pandemic. The big-box retailer also delayed plans to remodel hundreds of stores to instead focus on providing food, medicine and other essential...Read More