Wall St. For Main St., Released on 11/13/21Another bearish hedge fund was shut down because of the bull market in US stocks. Become a Patron and receive exclusive swing trade alerts in real time, plus premium market commentary - https://www.patreon.com/carnivoretradesFollow Aaron Basile: Twitter: https://twitter.com/aaronbasileYouTube: https://www.youtube.com/user/aaronbasile/videosWebsite: https:...Read More
Citizen Free Press, Released on 11/13/21The Marine Corps, the smallest U.S. military force, has plans for a big overhaul designed to address its supposed lack of diversity and problem Continue... The Marine Corps is reinventing itself, to focus on 'diversity and inclusion' added by Herman James on 11/14/2021View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 11/13/21Tim Pool went viral yesterday with this clip and was trending #1 for most of the day.Word ??'? Tim Pool ??(TM)?#timpoolranthttps://t.co/ScCQyPH8VJ pic.twitter.com/s1CKHMWIc2- Richard (@RJF_84) November 13, 2021 Tim Pool snaps... Red pill activated... added by Herman James on 11/15/2021View all posts by Herman James ?+'Read More
Small tech company Mineworx has partnered with a Tennessee recycling company to extract platinum and palladium from diesel catalytic converters in a ground-breaking method that bypasses smelting, a major polluter. This year in New York City, 2,200 car owners climbed into their vehicles, clutching their morning coffee, and turned the ignition key only to hear the deafening roar of a Russian tracto...Read More
Rather than stare at empty shelves, you have two options for distraction: You can don a virtual-reality headset and cavort with dolphins in the "metaverse" or you can trade various forms of phantom wealth that always go up (happy, happy!) because of the Fed.Neither distraction actually solves any real-world problems, a reality we can call the "Revenge of the Real World." We’ve entered a pecu...Read More
Recent price action in Gold and gold stocks suggests the worst of the correction is over. Gold has broken above initial resistance ($1835/oz), and gold stocks have shown sustained follow-through after registering an extreme oversold condition. However, Gold has only broken out of a 5-month base, and a confluence of massive resistance is looming at $1900. Technically, on the daily chart, it needs t...Read More
Kitco MEDIA ? The Metals, Money, and Markets Weekly by Mickey Fulp - November 12, 2021Join The Mercenary Geologist Mickey Fulp and Trevor Hall of Mining Stock Daily every Friday afternoon for a recap of metals, money, and markets. Each episode provides commentary on performances and a look ahead to next week's markets. You can listen to the weekly wrap exclusively at Kitco.com. We trust you will...Read More
As the 26th UN Climate Change Conference wraps up, ESG is becoming an increasing driver in how companies operate, leading them to buy credits to offset their current carbon emissions as they target sustainable reduction of greenhouse gases. The voluntary carbon credit market has hit all times high in volume, and is on track to be worth a billion dollars in 2021. "There are many high value carbon c...Read More
By Other For Kitco News Follow @KitcoNewsNOW Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitati...Read More
Everyone who has bought anything in the lastyear knows that inflation is real. However, this week we found out just how badit is.Wednesday, theU.S. Consumer Price Index saw an annual rise of 6.2%, the highestlevel in more than three decades. And while the idea that prices are risingisn't new, according to some economists and market analysts, the fear is thatthe U.S. central bank is losing control...Read More
While gold has traded to a higher high, a higher low, and higher close than yesterday, the key is that it has been consolidating right beneath a critical area of resistance. The price point that I’m speaking about is the 78% Fibonacci retracement that occurs at $1867.50. The data set used for this Fibonacci retracement set begins at $1920, the highs that occurred in gold during the first wee...Read More
Fiscal policy is going to have a direct impact upon inflation, according to Ronald-Peter Stoeferle.Stoeferle spoke to Kitco on Friday. He is managing partner at Incrementum AG."I think we should focus less on what the central banks are doing, and we should focus more on what fiscal policy is," said Stoeferle. On Monday President Biden signed a $1 trillion infrastructure bill."I think we should fo...Read More
(Kitco News) After a solid breakout above $1,850 an ounce, gold could be ready for even bigger gains. But first, the precious metal must breach this level, according to analysts.Inflation accelerating to three-decade highs in the U.S. has pushed investors towards gold, with the precious metal up nearly 3% on the week and December Comex gold futures last trading at $1,865.90."It is all about inflat...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) - Today, Victoria Gold (TSX-VGCX) announced that during the three months ended September 30, 2021, the Eagle Gold Mine produced 55,827 ounces of gold, compared to 35,312 ounces of gold production in Q3 2...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) - Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) reported Friday that its sales for the three months ended September 30, 2021 were $162.6 million, an increase of 95% from the $83.4 million reported in Q3 20...Read More
Bitcoin, stocks, and gold are all poised for major moves, but not all moves will be equal. Gareth Soloway, chief market strategist at InTheMoneyStocks.com discusses with David Lin, anchor for Kitco News, which of these assets are most likely to breakout to the upside. While Bitcoin has breached new all-time highs in recent weeks, it is still struggling to break a double top. In the past bull cycle...Read More
(Kitco News) - Sentiment in the goldmarket has turned significantly bullish as the precious metal sees its bestweekly gain in six months. This week gold pricesbroke their current downtrend. They pushed to a five-month high as inflationfears flooded back into the market after the U.S. Consumer Price Index showedan annual rise of 6.2%, the highest reading in more than 30 years. "A lot of invest...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) - Pretium Resources (TSX, NYSE: PVG) reported today that in Q3 2021, the company produced 90,673 ounces of gold, up 5% compared with 86,136 ounces produced in Q3 2020.According to the company's statement...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) - New Gold (TSX: NGD) announced today that its total production in Q3 2021 was 105,628 gold equivalent ounces, a decrease of 9% compared to Q3 2020 (115,536 ounces).The company said that its revenue for...Read More
Mr. Mac Balkam reportsESKAY MINING ENTERS INTO AMENDED COST SHARING AGREEMENT WITH SEABRIDGE GOLD TO FINANCE COULTER CREEK ACCESS ROADFurther to the joint news release of Eskay Mining Corp. and Seabridge Gold Inc. issued July 5, 2021, Seabridge and Eskay Mining have amended the terms of their original agreement to share equally the costs of construction of the first nine kilometres of the Coulter...Read More