WASHINGTON, Nov 19 (Reuters) - President Joe Biden's $1.75 trillion bill to bolster the social safety net and fight climate change passed the U.S. House of Representatives on Friday, sending it to the Senate where negotiations will continue.The House passed the measure in a 220-213 vote, which was postponed after an overnight speech by the chamber's top Republican opposing the measure.Its fate is...Read More
Inflation has been building for many months, said Thorsten Polleit, chief economist at Degussa.In November Polleit spoke to Kitco at the Deutsche Goldmesse show in Frankfurt, Germany.Last week the the U.S. Labor Department said headline inflation rose 6.2%, the largest yearly increase in headline inflation since November 1990.The Biden administration and Fed officials have stated that inflationary...Read More
Mr. Michael Spreadborough reportsNOVO COMMENCES 15,000 M RC DRILLING PROGRAM AT THE PARNELL-VULTURE TREND AT NULLAGINE Novo Resources Corp. has provided an update on brownfields exploration programs focusing on oxide opportunities at its highly prospective Nullagine gold project. The Parnell and Vulture reverse circulation programs are part of the NGP exploration program ramp-up, with forward prog...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Bitcoin-U.S. dollar prices are nearsteady in early U.S. trading Friday, after hitting a five-week low overnight. Aprice uptrend?, on the daily bar chart hasnow been negated. That?? EUR (TM)s bearish...Read More
One thing we know for absolute certainty: trading is difficult. We have challenges everywhere, from opinions that control our trades to lousy trading conditions and emotions. These are the facts traders battle every day, the biggest being their emotions.Based on our algorithms and what we can see as traders, the trend is higher in gold, silver and platinum. However, we can also see the sellers try...Read More
Last weekwas pivotal for the precious metal's complex, with the gold price breakingthrough key resistance at $1840. Inside of a run that saw the safe-haven metalmove higher on seven consecutive trading sessions, it was last Wednesday'sprice action that finally broke this level, closing the session on a strongmove higher with excellent volume. Afterpassing the $1,840, which was also downtrend line...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Goldprices are modestly higher in early U.S. trading Friday, as some keeneruncertainty has entered the marketplace late this week, to support the safe-havenmetal. However, a slumping crude oil market is...Read More
Mr. John Mirko reportsROKMASTER REPORTS ON REVEL RIDGE METALLURGICAL GOLD FLOWSHEET DEVELOPMENT IN CONJUNCTION WITH ENVIROMETAL TECHNOLOGIES INC.Rokmaster Resources Corp. has provided test results of the current work program on the gold-dominant mineralization from the Revel Ridge property located in southeastern British Columbia. The company's recent test program was part of the continuing assess...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Switzerland has exported more gold to China in the month of October more than in any month since June 2018, according to Swiss customs data. The data showed that shipments of gold to India fa...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold is flat heading into the European session. The yellow metal will start the day trading at $1858/oz. Silver has moved 0.30% higher and trades at $24.85/oz. In the rest of the commodities complex, c...Read More
The Income Generation Show, Released on 11/19/21Economist Harry Dent warns serious investors about the ongoing showdown between the central banks and natural demographic trends in the economy and discusses Bitcoin and the timing of the greatest crash of our lifetime. Stay informed by subscribing to our free e-letter at www.HarryDent.comHarry Dent is a Fortune 100 consultant, new venture investor,...Read More
Kinesis Money, Released on 11/19/21In this week's Live from the Vault, Andrew Maguire explains the significance of gold rising alongside the US dollar and reveals the silver market footprints signaling a rally. The lifelong wholesaler expertly unpacks Monday's COT report and predicts the gold price sweet spot ahead of BIS Options Expiry.00:00 Start01:40 The last two weeks in gold and silver09:00 S...Read More
TradersChoice.net, Released on 11/19/21Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Co...Read More
Armstrong Economics, Released on 11/19/21If you object to your children being taught that being white makes them inherently Continue... Martin Armstrong: You are Now a Domestic Terrorist added by Herman James on 11/19/2021View all posts by Herman James ?+'Read More
Katusa Research, Released on 11/19/21I still see tremendous upside for all our core precious metals holdings.Continue... Marin Katusa: Is gold ready for its next leg higher? added by Herman James on 11/19/2021View all posts by Herman James ?+'Read More
Zero Hedge, Released on 11/19/21Kyle Rittenhouse has been acquitted on all charges related to last year's shooting in Kenosha, Wisconsin.The 18-year-old was charged with five felonies; first-degree intentional homicide, first-degree reckless homicide, Continue... Kyle Rittenhouse Acquitted On All Charges added by Herman James on 11/19/2021View all posts by Herman James ?+'Read More
Summit News, Released on 11/19/21The Spectator has published an article citing official data from Public Health England, which states that for the over 30's, "the rates of Covid infection per 100,000 are now higher among the vaxxed than the unvaxxed."Continue... Official Public Health England Data Says COVID Infection Rates Higher in Vaxxed Than Unvaxxed added by Herman James on 11/19/2021View all...Read More
Emerita Resources Corp. recently announced encouraging step-out drilling results from its Iberia Belt West property in Spain. The firm is now activating three new diamond drilling rigs to accelerate exploration work. Clarus Securities Inc. commented in a research note that it is maintaining its "Speculative Buy" rating for the company and due to higher commodity market prices is raising its price...Read More
The mid-tier and juniorgold miners in their sector’s sweet spot for upside potential have been poweringhigher recently. They’ve blasted toseveral major breakouts after getting bombed out during gold-futures speculators’taper tantrum on Fed-tightening fears last summer. These smaller gold miners just finished theirQ3’21 earnings season, revealing whether their fu...Read More
Inflation expectations reached a record high. Is gold preparing a counterattack to punish gold bears?In a classic Monty Python sketch, nobody expects the Spanish inquisition. In the current marketplace, everyone expects high inflation. As the chart below shows, the inflation expectations embedded in US Treasury yields have recently risen to the highest level since the series began in 2003. Houston...Read More