(Adds CFO on outlook next year, updates shares)PRAGUE, Nov 4 (Reuters) - Komercni Banka, the Czech Republic's third-biggest lender, posted a bigger rise in third-quarter net profit than expected on Thursday, more than doubling earnings from a year ago as risk costs eased.The bank, majority owned by France's Societe Generale , also signalled an improving outlook amid expectations of higher interest...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) -The gold market is seeing a modest push higher, unfazed bysteady positive momentum in U.S. labor market.Thursdaythe U.S. Labor Department said that weekly jobless claims fell to a new pandemiclow, dropp...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 and silver prices havemade good rebounds from selling pressure seen Wednesday, before the afternoonFOMC meeting conclusion. It appears metals traders were preparing for a hawkishFOMC statement an...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 are weakerin early U.S. trading Thursday. Bulls are keeping alive a price uptrend on thedaily bar chart. The recent sideways and choppy trading is not bearish. TheBitcoin bulls have...Read More
ZURICH (Reuters) - Novartis AG said on Thursday it would sell its nearly one-third voting stake in Roche back to its cross-town rival for $20.7 billion, disentangling the two competitors that had been linked by the investment for more than two decades.The deal extricates Roche from ownership ties to a major rival with strategic vetoing power, though it has however kept a passive role in the face o...Read More
Nov 4 (Reuters) - Moderna Inc (MRNA.O) on Thursday cut its 2021 sales forecast for its COVID-19 vaccine by as much as $5 billion, as it struggles to ramp up production of its two-dose inoculation, sending its shares down 11% in premarket trading.The company said it was now expecting sales of between $15 billion and $18 billion from $20 billion estimated previously. Deliveries were pegged between...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) - The Bank of England kept rates on hold 7-2 vote split. Big surprise for investors, many of whom had assumed it would hike rates. QE carries on as planned (up to £895bn). Inflation is now forecast...Read More
BEIJING (Reuters) - Beijing may tighten the management of home purchase payments held in escrow accounts to ensure the funds are used for property projects only, according to draft guidelines issued on Thursday.A debt crisis at China Evergrande Group, once the nation's top-selling developer, has rocked the sector which is facing a liquidity crunch.Chinese developers can sell residential projects b...Read More
PARIS (Reuters) - World food prices rose for a third straight month in October to reach a fresh 10-year peak, led again by increases in cereals and vegetable oils, the UN food agency said on Thursday.The Food and Agriculture Organization's (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.2 points last month compared with a revised...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) - Looking at the silver chart (daily) post FOMC, the market seems tohave defended the $23.00/oz level quite firmly. This does not mean that it isnot under threat but an inverse head and shoulders formati...Read More
Mr. Peter Dembicki reportsTIER ONE SILVER INTERSECTS 4 METRES OF 211 G/T SILVER EQUIVALENT AND ENHANCES DRILL TARGETING AT CURIBAYATier One Silver Inc. has provided results from drill holes 2 and 3, both of which were drilled prior to recent targeting advancements that are based on newly identified feeder structures and channel sample results. Drill hole 3 intersected several zones of mineralizati...Read More
Mr. Darwin Green reportsHIGHGOLD COMMENCES DRILL PROGRAM AT MUNRO-CROESUS PROJECT, TIMMINS AREA, ONTARIO AND ACQUIRES ADDITIONAL TIE-ON CLAIMSHighgold Mining Inc. has started a phase 1 3,000-metre drill program at its Munro-Croesus project located in the Timmins gold camp, Ontario, Canada. The program will follow up on encouraging results at vein targets identified peripheral to the historic Croes...Read More
Bob Moriarty ArchivesNov 4, 2021Granite Creek Copper (GCX-V) has 100% ownership of a 176 square km copper/gold/silver property named theCarmacks project located in the Minto Copper Belt in the Yukon. The high-grade copper project is on trend with the Mintocopper mine. We shall see why that is very important to the future of the company shortly.The project hadcompleted a 43-101in 2018 showing an M&...Read More
ITM Trading, Released on 11/4/21To see Lynette's slides, research links or questions from this video: https://www.itmtrading.com/blog/centr...?>>?Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker...Read More
The Rich Dad Channel, Released on 11/4/21Watch a private meeting between Robert Kiyosaki and his team where he discusses "shadow money" and why he calls the Fed Chairman "The Wizard of Oz".As you'll learn, the Fed manipulates the country into believing that it's doing what's best for the citizens but really, they're failing us tremendouslyRobert Kiyosaki is best known as the author of Rich Dad Poo...Read More
Valuetainment Economics, Released on 11/4/21Economist Danielle DiMartino Booth sits down with Peter Cecchini. Peter currently serves as Axonic Capital's Director of Research and head of macro strategy.About the guest: Peter currently serves as Axonic Capital's Director of Research and head of macro strategy. Axonic is an asset management platform focusing on real estate and structured credit, incl...Read More
Valuetainment, Released on 11/4/21Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An...Read More
TradersChoice.net, Released on 11/4/21Gregory 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
The LaRouche Organization, Released on 11/4/21For once, Greta Thunberg got it right - there is a lot of "blah, blah, blah" coming from the COP26 summit. She's wrong, however, when she says there is no action being taken. Yesterday's announcement of a new financial alliance under the direction of former Bank of England Director Carney and former New York City mayor Michael Bloomberg is a big step t...Read More
Harry S. Dent Jr., Released on 11/4/21What makes the markets today different than right before the Great Depression? Economist Harry Dent taps into financial cycles and signs in the economy to forecast the next critical times for the markets to peak and fall... and discusses what to do before the super bubble bursts. Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, best...Read More