Gold Stock Articles

TransUnion to divest healthcare unit in $1.74 billion deal

Tuesday October 26, 2021 08:53 / Kitco News

(Reuters) -Credit reporting agency TransUnion said on Tuesday it will sell its unit TransUnion Healthcare to private equity firm Clearlake Capital Group-backed nThrive Inc in a $1.74 billion all-cash deal.The deal, which is expected to close in the fourth quarter this year, will let TransUnion focus on its core businesses of credit, marketing and fraud mitigation solutions, the company said.Chicag...Read More

Indian shares rise as metals, auto gain; Kotak Mahindra Bank hits record high

Tuesday October 26, 2021 08:52 / Kitco News

BENGALURU, Oct 26 (Reuters) - Indian shares rose on Tuesday in a volatile session, led by gains in metal and auto stocks, with investors focusing on commentaries from companies over the impact of higher input costs on margins in an earnings-heavy week.The blue-chip NSE Nifty 50 index (.NSEI) ended up 0.8% at 18,268.40, while the benchmark S&P BSE Sensex (.BSESN) rose 0.63% to 61,350.26.The...Read More

UK inflation expectations highest since 2008 before BoE rate decision - Citi/YouGov

Tuesday October 26, 2021 08:51 / Kitco News

(Adds details and background)LONDON, Oct 26 (Reuters) - The British public's expectations for inflation over the next year jumped to the highest since 2008 this month, bank Citi said on Tuesday, something the Bank of England will note as it meets to decide whether to raise interest rates next week.Expectations for inflation over the next 12 months rose to 4.4% in October from 4.1% in September, Ci...Read More

SoftBank-backed THG boosts board as it seeks to soothe investors

Tuesday October 26, 2021 08:49 / Kitco News

(Reuters) - THG announced changes to its board on Tuesday and published growth figures for its Ingenuity technology unit, as it sought to repair its image among investors concerned about transparency at the British e-commerce group.THG named an executive from backer SoftBank to its board and said it had begun seeking an independent chair to prepare for a planned premium listing on the London Stock...Read More

Indian court restrains Invesco from calling shareholders meeting in win for Zee

Tuesday October 26, 2021 08:48 / Kitco News

NEW DELHI (Reuters) - An Indian court on Tuesday temporarily restrained Zee Entertainment Enterprises' top investor Invesco from calling a shareholder meeting, in a win for the TV network that sent its shares higher.U.S. investment firm Invesco, which owns nearly 18% of Zee via two funds, wanted an extraordinary general meeting (EGM) of shareholders in a bid to oust the Indian company's CEO Punit...Read More

UK retail sales pick up, but supply shortages hit new record-CBI

Tuesday October 26, 2021 08:39 / Kitco News

LONDON, Oct 26 (Reuters) - British retailers reported a stronger-than-expected sales rise in October after a September slowdown but global supply chain problems reduced their stocks to the lowest level since records began in 1985, the Confederation of British Industry said.The CBI's monthly distributive trade survey showed the headline sales balance for retailers picked up to +30 in October from +...Read More

Euro zone banks raised bar for mortgages in third quarter, ECB says

Tuesday October 26, 2021 08:38 / Kitco News

FRANKFURT, Oct 26 (Reuters) - Euro zone banks tightened access to mortgages in the three months to September and expect to continue doing so in the final quarter of the year, a European Central Bank survey showed on Tuesday.ECB policymakers are set to take stock of the economic situation at a meeting on Thursday, paving the way for a decision in December on the future of the central bank's bond-bu...Read More

UK annual pay data shows biggest rise since 2008

Tuesday October 26, 2021 08:37 / Kitco News

LONDON, Oct 26 (Reuters) - Full-time earnings in Britain rose by the most since 2008 in April, up by 4.3% from a year earlier, although the government's furlough scheme and other distortions related to COVID-19 probably pushed up growth, official data showed on Tuesday.The Office for National Statistics' annual earnings survey is normally the gold standard of British labour market data, covering m...Read More

Germany cuts 2021 GDP growth forecast, lifts 2022 estimate - sources

Tuesday October 26, 2021 08:35 / Kitco News

BERLIN (Reuters) - The German government has cut its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1% as supply problems are delaying the recovery in Europe's largest economy, two sources familiar with the decision said on Tuesday.The revised government forecast for gross domestic product growth compares with an April prediction for the economy to grow...Read More

Mild price losses for gold, silver, on routine consolidation

Tuesday October 26, 2021 08:20 / Kitco News

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 area bit weaker in early U.S. trading Tuesday, on some normal backing and fillingon the charts following recent gains. Both metals' bulls are comfortable atpresent, as near-term...Read More

Bitcoin daily chart alert - Backing and filling is not bearish - Oct. 26

Tuesday October 26, 2021 08:14 / Kitco News

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 abit weaker in early U.S. trading Tuesday. The market is now seeing some routine"backing and filling" in an existing uptrend. The Bitcoin bulls still have the solidoverall near-...Read More

Portugal's EDP in talks to buy majority stake in Sunseap - sources

Tuesday October 26, 2021 08:00 / Kitco News

SINGAPORE/LISBON (Reuters) -Energias de Portugal is in advanced talks to buy a majority stake in Sunseap Group in a deal that will value the Southeast Asian renewables company at around S$1 billion ($742 million) and involve substantial investments in the business, three sources with knowledge of the matter said on Tuesday.EDP Renovaveis (EDPR), 75% owned by EDP, Portugal's biggest utility, is in...Read More

Citi say short gold is still an appropriate pain trade

Tuesday October 26, 2021 07:52 / Kitco News

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) - Investment bank Citi says it is still sticking with the 'shortgold' as appropriate pain trade over medium-term. Analysts at the banknote, that being short gold is the appropriate 'pain trade' despite"t...Read More

Silver has been looking up but there are some hurdles

Tuesday October 26, 2021 07:48 / Kitco News

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) - Now that we had some kind of decent recovery in the silver priceit will be important to look at retracement levels and potential resistancezones. The support levels look important because the price loo...Read More

Firefox Gold sampling outlines Jessio drill targets

2021-10-26 07:32 / Mr. Carl Lofberg reports

Mr. Carl Lofberg reportsFIREFOX GOLD IDENTIFIES NEW DRILL TARGETS AT UTSAMO AREA, JEESIO GOLD PROJECT, FINLANDFirefox Gold Corp. has provided the results of its recently completed base-of-till (BOT) sampling program at the Utsamo prospect in the northeast part of the company's 100-per-cent-owned Jeesio gold project. The data include strong gold and multielement anomalies associated with multiple i...Read More

S.Africa's Sibanye Stillwater to buy nickel, copper mines in Brazil

Tuesday October 26, 2021 04:47 / Kitco News

Oct 26 (Reuters) - South Africa's Sibanye Stillwater said on Tuesday it would buy Santa Rita nickel mine andSerrote copper mine in Brazil for $1 billion, in what will beits biggest investment in the battery metals sector.The precious metals miner said it had signed agreements withaffiliates of funds advised by Appian Capital Advisory to buyboth the mines for a cash consideration and a 5% net smelt...Read More

San Francisco Mine of Magna Gold Into Serious Production

Oct 26, 2021 / Bob Moriarty

Bob Moriarty ArchivesOct 26, 2021I have been pounding the table for the best part of three weeks about us having hit at least a tradeable low in gold and silver at the end of September. Relative to the S&P or the commodities index the price of gold or gold shares is at the lowest it has been in many years. You are at the point where risk is the least. So while this article is about one specifi...Read More

US Fiat: Great Effort But No Performance

Oct 26, 2021 / Stewart Thomson

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 26, 2021 Some analysts claim the US dollar “looks strong” and could be set for a “big rally”.Is there merit in this thinking? For some insight into the matter, please click here now: Double-click to enlarge this long-term dollar index chart.Dollar bugs may soun...Read More

George Gammon's Channel Has Been Removed From YouTube

26/10/2021 / Herman James

George Gammon - Twitter, Released on 10/26/21Rebel Capitalist channel has been removed by @YouTube. I received no warnings, no strikes, no evidence. Just email saying it was removed.Only explanation was "severe or repeated violations of community guidelines."Makes no sense? Was very careful to follow rules. pic.twitter.com/cxMZQulrJz- George Gammon (@GeorgeGammon) October 26, 2021 George Edward Ga...Read More

Gerald Celente: UNITE & JOIN The Universal Church of Freedom, Peace and Justice & Sign Up for Your Vax Exemption

26/10/2021 / Herman James

Talk Digital Network, Released on 10/26/21Sign up at https://www.freedompeacejustice.com/Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a p...Read More

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