(Kitco News) The gold market is trading near daily lows as the New York manufacturing sector sees a slower-than-expected recovery, according to the latest data from the New York Federal Reserve.The regional central bank said its Empire State manufacturing survey's general business conditions index fell 15 basis points to 19.8 in October. The data disappointed as consensus forecasts were calling fo...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 pricesare sharply lower in early U.S. trading Friday and extended early lossesfollowing a very upbeat U.S. retail sales report that falls squarely into thecamp of the U.S. monetary policy hawks,...Read More
(Reuters) -Okada Manila, a Philippines-based casino resort, has agreed to go public in the United States through a merger with blank-check firm 26 Capital Acquisition Corp in a deal valued at $2.5 billion.The deal, announced on Friday, is expected to provide Okada Manila with up to $275 million in cash proceeds. The casino operator intends to use the funds for growth and other corporate purposes.O...Read More
* Central bank makes rare comments on Evergrande debt situation* PBOC: financial firms don't have concentrated Evergrande risk* Xinyuan Real Estate agrees to exchange offer with bondholders* Developer bonds deepen rout, shares edge lowerSHANGHAI, Oct 15 (Reuters) - The spillover effect of China Evergrande Group's debt problems on the banking system is controllable, a central bank official said on...Read More
NEW YORK, Oct 15 (Reuters) - Sluggish U.S. biotech shares could require a wave of deal-making or exciting clinical trial results if the sector wants to join the stock market's party after lagging Wall Street's broad advance this year.More certainty about the direction of prescription drug regulation, including the prospects for tougher pricing legislation, also could bolster the stocks.An index of...Read More
(Kitco News) Gold prices dropped to fresh daily lows following better-than-expected retail sales data from September.U.S. retail sales rose 0.7% last month following an upwardly revised increase of 0.9% in August, according to the latest data from the U.S. Commerce Department. Economists were expecting to see a decrease of 0.2% in last month's headline number.Core sales, which strip out vehicle sa...Read More
Oct 15 (Reuters) - Close to half a million low-income homeowners in the United States, many of them minorities, are nearing the end of mortgage forbearance plans that allowed them to halt loan payments during the pandemic, presenting a test for the mortgage service firms tasked with helping struggling borrowers move onto payment plans they can afford.The number of borrowers exiting the plans is ex...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. dollarare solidlyhigher and hit a seven-month high Friday. The Bitcoin bulls have the solidoverall near-term technical advantage and gained more power today, to suggestat least sideways-to...Read More
(Kitco News) - The uranium market has arguably the best fundamentals in thecommodity space right now, or any assetclass, said Mart Wolbert, founder and writer of the Contrarian Codexnewsletter. "I would argue that uranium has the best fundamentalsunderpinnings of any investment asset class in the current market, even afterthis big run-up," Wolbert told David Lin, anchor for Kitco News. "Iwould...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) - In the European session gold has met some selling pressure at the$1800/oz resistance zone. In recent sessions, the precious metal has enjoyed agood run especially post FOMC. The risk environment has be...Read More
Mr. David Wolfin reportsAVINO ANNOUNCES Q3 2021 PRODUCTION RESULTSProduction of 285,464 silver equivalent ounces,* consisting of 77,935 ounces of silver, 1,183 ounces of gold and 685,535 pounds of copper, was achieved in the third quarter 2021 from Avino Silver & Gold Mines Ltd.'s Avino mine property near Durango, Mexico. "We are very pleased to announce our third quarter production results wh...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) - Figures from The Perth Mint show Demand for Australian bullion products surged in September. Sales of gold coins and bars are at their highest levels in five months and sales of silver coins and b...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) - After two good sessions gold is pausing for breath this morning. The yellow metal trades -0.22% lower while silver is down -0.18%. In the rest of the commodities complex, copper is 0.32% higher along w...Read More
Daily Reckoning, Released 10/14/21What have the climate alarmists been screaming about for the past 40 years or so? Their agenda is well-known.Continue... Jim Rickards: "The Revenge of the Fossil Fuels" added by Herman James on 10/14/2021View all posts by Herman James ?+'Read More
Carnivore Trades, Released on 10/15/21Become a Patron and receive exclusive swing trade alerts in real time, plus premium market commentary - https://www.patreon.com/carnivoretrades?>>?Weekend Analysis Videos Can Be Found at -https://www.youtube.com/channel/UC0iT...Follow Aaron Basile: Twitter: https://twitter.com/aaronbasileYouTube: https://www.youtube.com/user/aaronbasile/videosWebsite: https://...Read More
The Market Ticker, Released on 10/15/21All you have to do is get vaccinated before you get Covid-19.Continue... Karl Denninger: Want To Get Covid Many Times? added by Herman James on 10/15/2021View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 10/15/21Resistance is not futile. I have said before that once the police turn Continue... Martin Armstrong: Chicago Falls at Midnight added by Herman James on 10/15/2021View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 10/15/21With 40+ years experience on Wall Street, David Hunter predicts a 80% stock crash. "Buckle your seat belts," he says. "This is going to be history in the making in the next three to six months." Before the biggest crash since 1929, he expects a 20% melt-up in stocks. As for the metals, in the first quarter of 2022, he says gold and silver could hit $2500 an...Read More
Rebel Capitalist, Released on 10/15/21George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at t...Read More
Peak Prosperity, Released on 10/15/21Access to all of Chris's content, live webinars twice a month, and much much more is available to our paying members. Click this link for a special introductory offer: https://www.peakprosperity.com/produc...Donate to FLCCC: https://covid19criticalcare.com/The famed and much celebrated pulmonologist Dr. Pierre Kory sits down with Chris for another intimate and...Read More