* Futures up: Dow 0.20%, S&P 0.09%, Nasdaq 0.05%Nov 8 (Reuters) - U.S. stock index futures edged higher onMonday as big industrial firms were supported by the passage ofa $1 trillion infrastructure bill, while Tesla fell on ChiefExecutive Elon Musk's plan to sell about a tenth of his stake. Caterpillar Inc , Boeing Co and 3M Co rose between 0.5% and 3% in premarket trading after the Congresspa...Read More
Mr. Quentin Yarie reportsRED PINE ANNOUNCES CHANGES TO MANAGEMENTRed Pine Exploration Inc. has made changes to its leadership. Administration Effective immediately, Greg Duras, chief financial officer, will be leaving Red Pine Exploration. The company would like to thank Mr. Duras especially for his efforts during the acquisition of the company's joint venture partner, which occurred earlier this...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 has broken and consolidated above the all-important $1800/oz level overnight and this put the upside levels in focus. On the daily chart below the trendline marked in purple stemming from all...Read More
* Focus turns to U.S. CPI data due on Wednesday* U.S. 10-year yields rise after Friday's tumbleNov 8 (Reuters) - Gold prices slipped from a two-month highon Monday pressured by rising U.S. yields, although expectationsthat key central banks will keep interest rates low in the nearterm limited losses of the non-yielding asset.Spot gold edged down 0.08% to $1,815.20 per ounce by1146 GMT. U.S. gold f...Read More
Futures for Canada's main stock index rose on Thursday on firmer gold prices. Gold prices stabilized on Thursday after two days of losses, helped by a slight pullback in the dollar. Gold’s resurgence comes amid increasing volatility for alternative investments such as cryptocurrencies and a weakening dollar. The best gold stocks for this week include Orla Mining (TSX:OLA)...Read More
Gold remains an attractive target as the Forex and cryptocurrency markets continue to demonstrate high volatility. After rising above the $2,000/ounce price level for the first time in its history in 2020, investors turned their attention towards gold stocks as a way to diversify their portfolio. Despite an expected correction in 2021, gold remains at a level that provides good opportunities in th...Read More
As the market continues to recover from the pandemic, gold prices showed sings for optimist as they reached $1770.1; which is a +0.65% GOL. Gold prices were boosted by concerns of an economic hit from soaring energy prices and a slight retreat in the dollar, as investors braced for U.S. inflation data. At the same time, Canadian gold stocks remain undervalued, leaving plenty of o...Read More
Gold price is approaching the $1800 mark, remaining near the highest levels in five days. Prices of the yellow metal seem to be unaffected by the record run on the Wall Street indices. Growing inflation fears amid supply disruptions and rising energy prices contributed to a weakening US Dollar, continue to benefit commodity prices. Rising oil and gold prices drove futures tracking Canada's commod...Read More
Thursday’s trading session saw gold pices bounce higher and hold above trend line resistance which is now support at $1,785. A short rebound of the US dollar is seen as some to be putting downward pressure on the yellow metal. However, inflation fears remain strong and the US housing report showed that the median home price continues to rise. The activity in silver prices was similar to gol...Read More
In light of recent efforts to ramp up efforts to combat climate change, governments around the world have been talking about adopting a global carbon taxation regime. While the result of such a move has many social and economic benefits, there are concerns it could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions. Canada and Sweden are among...Read More
Bob Moriarty ArchivesNov 8, 2021The general stock market is about to crash. In the last forty years theS&P has never gone up sixteen out of eighteen days.Never. It is the most overbought in history and when it tumbles you will be able to hear it on Mars.Gold is the anti-Tesla, anti-Bitcon, anti-S&P investment. As long as they went up, gold and resources stocks went down even as the commodi...Read More
The LaRouche Organization, Released on 11/8/21While western nations, led by the U.S., the U.K. and the European Union, are hurtling toward a systemic collapse, driven by commitment to a Green New Deal and the Great Reset, many other nations are moving in a different direction. Led by China, Russia, India and many Asian and African nations, they are rejecting the demand for an immediate, drastic "c...Read More
TradersChoice.net, Released on 11/8/21Gregory 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 Cor...Read More
Wall St. For Main St., Released on 11/8/21Last week the Fed announced a $15 billion per month taper. But it is not meaningful, especially when politicians in DC plan on spending many trillions more. And if the Fed attempts rate hikes it can crash the entire system. Fed to start tapering bond purchases later this month as it begins pulling back on pandemic aid https://www.cnbc.com/2021/11/03/fed-d....Read More
Brownstone Institute, Released on 11/8/21This question should be answered easily, yet here you are, reading this. First, let us agree to theContinue... The Cause of Myocarditis: COVID19 or COVID19 Vaccination? added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Ron Paul, Institute for Peace and Prosperity, Released on 11/8/21The Biden vaccine mandate appears to be falling apart before it's even in place. From first responders to truck drivers to everyone in-between, the message is clear: many thousands are willing to be fired from their jobs rather than be forced to take a medical procedure they do not want.They have leverage and they are using it. We sh...Read More
Armstrong Economics, Released on 11/8/21Biden has no idea what is really going on and calling it his Build Back Better agenda as if he Continue... Martin Armstrong 'The United States is now being run by a foreign organization' added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Pento Portfolio Strategies (via Dollar Collapse), Released on 11/8/21Stagflation is undermining the U.S. economy, and that poses a huge problem for Mr. Powell and his merry band of money printers.Continue... Michael Pento: Interest Rate Normalization Is Impossible added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 11/8/21Karine Jean-Pierre says "everything's on the table" regarding mandatory vaccine for domestic travel. Dr. Leana Wen is pushing this behind the scenes.Continue... Mandatory Vaccination for air travel is coming added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Zero Hedge, Released on 11/8/21The move would cost tens of thousands of US jobs, billions of dollars in economic activity, and further exacerbate energy shortages and price increases Continue... Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More