Aug 05, 2019 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings The mining sector faced challenges in 2013 not unlike some of the challenges we see today, but while some hurdles remain, others have evolved. Rick Rule of Sprott Asset Management joined Kitco News on the sidelines of the PDAC 2013 convention in Toronto. While dwindling reserves was a threat to miners, "the other challenge, o...Read More
Aug 05, 2019 Guest(s): Doug Casey Founder, Casey Research The U.S. political landscape has never been as divided as now, and with the 2020 presidential elections coming up, we look back at founder of Casey Research, Doug Casey's comments on what consequences bipartisan Washington has on the economy. "I think, as I've thought for a long time, that we're heading for a disaster of genuinely histori...Read More
If you ask me, facial recognition technology is getting a bum rap.It's almost like every headline I see is a fear-inducing scare-piece about how some dark entity is going to steal your face.What they're going to do with it, I don't know.I mean, I hate to break it to the people behind these stories, but the government already has my picture.The state of Maryland gets a freshly-updated photo every t...Read More
Police allege the man was involved in a false billing scam, sending out unsolicited office supply invoices totalling A$11.1 million between 2011 and 2019. The woman approved payment for office supplies in exchange for gift vouchers or electronic devices. The office supplies were allegedly sold at "significantly inflated costs", WA Police told www.miningnews.net, and were never received.&...Read More
Aim-listed diamond mining company BlueRock has completed the upgrade to the crushing circuit, including the installation of a larger cone crusher, at the Kareevlei mine in the Kimberley region of South Africa.In addition to the installation of the new crusher, the crushing circuit has been upgraded and reconfigured to handle the expected increase in material flows and is now set up to be able to o...Read More
Terraria is a new game that looks exactly like Minecraft but 2D. WOW!My Patreon: https://www.patreon.com/callmekevinMy Twitch: https://www.twitch.tv/callmekevinMerch: https://kevin.fanfiber.com/Twitter: http://twitter.com/CallMeKevin1811Instagram: https://www.instagram.com/callmekevin...Edited by @Kippesoep001, @TropicalFreeze2 and KevinPatreon Producers ?(TM)?_anightonmarsA Dead MemeA Thirsty Gho...Read More
Frank Holmes of U.S. Global Investors drops in for a wonderful interview on why he believes Fed chair Jerome Powell's recent comments make it even more imperative for investors to own gold and tells us why he sees similarities in what we saw last year in palladium and what we're going to see in gold and silver. He also comments on a number of other topics as well.*The interview begins at 7:18Frank...Read More
Unemployment in the U.S. is at a half-century low and the S&P 500 is trading at near-record highs. Nevertheless, the Federal Reserve today trimmed interest rates for the first time since the financial crisis on stalled manufacturing growth and an anticipated world economic slowdown.The easing cycle may be the catalyst gold needs to outperform the market and retrace its monster bull rally in the...Read More
- Ronan Manly, Bullion StarThe US Federal Reserve's Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% - 2.50% to a target range of 2.00% - 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years.As an official interest rate which affects...Read More
By: Ira EpsteinThis was an insurance rate cut. US is just starting to embark on easing rates. World economies race to bottom. One after another coming. What about gold? A strong dollar is not gold's friend, but don't fret..Read More
Gold and silver fell after the Federal Reserve stance on interest rate cut. There can be more fall today and tomorrow as well. Friday's US July nonfarm payrolls needs to come in below 100,000 for gold and silver bulls to revive. For now gold and silver bears have an upper edge. Traders and markets were way ahead on interest rate cut stance. The Federal Reserve chairman muted all those who were...Read More
Unemployment in the U.S. is at a half-century low and the S&P 500 is trading at near-record highs. Nevertheless, the Federal Reserve today trimmed interest rates for the first time since the financial crisis on stalled manufacturing growth and an anticipated world economic slowdown.The easing cycle may be the catalyst gold needs to outperform the market and retrace its monster bull rally in the...Read More
- Ronan Manly, Bullion StarThe US Federal Reserve's Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% - 2.50% to a target range of 2.00% - 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years.As an official interest rate which affects...Read More
By: Ira EpsteinThis was an insurance rate cut. US is just starting to embark on easing rates. World economies race to bottom. One after another coming. What about gold? A strong dollar is not gold's friend, but don't fret..Read More
Gold and silver fell after the Federal Reserve stance on interest rate cut. There can be more fall today and tomorrow as well. Friday's US July nonfarm payrolls needs to come in below 100,000 for gold and silver bulls to revive. For now gold and silver bears have an upper edge. Traders and markets were way ahead on interest rate cut stance. The Federal Reserve chairman muted all those who were...Read More
Following a two day monetary policy meeting, the US Federal Reserve announced that it will cut interest rates by a quarter point.Read full newsRead More
"The world's largest gold mines come in all shapes and sizes. Here's a look at the true behemoths and which companies own them. https://t.co/YLKchYTOGu #mining #gold #investing"Read full newsRead More
President Donald Trump again shook markets with his Twitter feedAfter spending the first half of the day in positive territory, stocks fell off a cliff following President Donald Trump's tweets that the U.S. will be placing 10% tariffs on $300 billion ofgoods coming from China. The Dow was up more than 300 points at its intraday peak on hopes for more rate cuts, but ultimately closed with a nearly...Read More
Meanwhile, UnitedHealth helped MYGN shoot to the top of the Nasdaq After surging higher earlier on renewed hopes for another Fed rate cut, the major stock market indexes are sinking on a round of new tariffs on Chinese goods. Three names to watch in the meantime are healthcare stocks Myriad Genetics, Inc. (NASDAQ:MYGN) and Abiomed, Inc. (NASDAQ:ABMD), as well as oil issue Whiting Petroleum Corp (N...Read More
Palladium futures dropped by more than 7% on Thursday to log their largest one-day loss in over four months and leading broad declines in the New York metals market. The steep losses for the metal came as the U.S. dollar DXY, -0.23% touched a two-year high in the wake of the Federal Reserve monetary policy decision Wednesday. The U.S. central bank delivered a widely-expected quarter-point interes...Read More