Popular News

Market Rebound Falters as Indexes Pare Gains at Close - TheStreet

June 27, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average  rose on Tuesday after falling sharply on Monday, closing lower for the ninth time in 10 sessions. General Electric Co. (GE) was rising 8.5% on Tuesday after it said it would spin off its healthcare business and sell its stake in oil-services company Baker Hughes (BHGE) .Walgreens Boot...Read More

Adamera Minerals outlines IP anomaly at Cooke Mtn

June 26, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsIP SURVEY DEFINES TARGET UNDER HIGH-GRADE GOLD SAMPLES AT OUTLOOK RIDGEAdamera Minerals Corp.has developed a well-defined induced polarization (IP) anomaly immediately under the Outlook Ridge prospect on the Cooke Mountain project in Washington State. The site is where Adamera collected grab samples with assays ranging from two to 64 grams per tonne gold (see Nov. 28, 2017...Read More

INTL FCStone: 'Stale Longs' Exiting From Gold Positions

June 26, 2018 / www.kitco.com

Bulls are exiting from “stale” positionsin gold futures, says INTL FCStone. The market is sliding and has lost theupward momentum from earlier in the year. INTL FCStone analysts say “we are quite surprised to see a big selloff hitting gold,”with prices falling to a six-month low. “The fact that the precious metal hasnot been moving higher despite falling global equiti...Read More

Yamana Reports Commercial Production At Cerro Moro Mine

June 26, 2018 / www.kitco.com

Commercial production has been declared atYamana Gold Inc.’s (TSX: YRI; NYSE: AUY) Cerro Moro gold and silver mine in Argentina,the company reports.  “The project has been brought to this stage onschedule and on budget, which reflects the significant efforts by operationsand technical services management since construction began a few years ago,”says Daniel Racine, exec...Read More

There Is No Bottom In Gold

June 26, 2018 / www.kitco.com

Gold appears to be in abottomless pit of selling, and there are no buyers to be found. Even with theequity markets getting pounded on Monday, there were no bids for gold. Eitherinvestors feel there is no need for a safety play or the shine has worn off ingold.Since June 15, just when itlooked safe to jump into the gold waters, the market collapsed and continues tofall. Apparently, there is no inte...Read More

Bitcoin Daily Chart Alert - Bears Remain In Technical Command - June 26

June 26, 2018 / www.kitco.com

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Atlanta Fed's Bostic: Trade moves raising downside risk to U.S. economy

June 26, 2018 / www.kitco.com

BIRMINGHAM, Ala. (Reuters) - Intensifiying trade tensions over the last week have boosted downside risk to the economy, Atlanta Federal Reserve bank president Raphael Bostic said on Tuesday, adding that he may rule out a fourth rate increase for the year if things get worse.“The more it progresses in this more contentious way, the more it leads me to feel the risks are on the downside for th...Read More

Trump says CFIUS can protect U.S. technology from Chinese acquisitions

June 26, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was still being worked out.Trump’s remarks to reporters at the White House appeared to favor Treasury Secretary Steven Mnuchin’s approach in a fi...Read More

Gold's Haven Luster Fades

June 26, 2018 / www.bloomberg.com

Gold has continued its bearish trajectory following Friday’s “death cross” when its 50-day moving average sank below its 200-day moving average. The move comes as global stocks decline amid concern trade and investment restrictions could hurt growth. “It appears that gold is being treated currently as part of the commodity complex, as opposed to” a have...Read More

LIVE FUTURES REPORT 25/06: LME base metals pressured by trade tensions; nickel finds support

June 26, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange ended mostly lower at the close of trading on Tuesday June 26, weakened by volatile trade relations between the United States and other major economies. "In terms of today's action, we are down once again in the metals space, as the sector typically lands squarely in the middle of any US/Chinese trade spat, real or imagined," INTL FCStone analyst Edward Mei...Read More

Trump says finishing U.S. study on tariffs on cars from EU

June 26, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon.“We are finishing our study of Tariffs on cars from the E.U. in that they have long taken advantage of the U.S. in the form of Trade Barriers and Tariffs. In the end it will all even ou...Read More

Is China Part Of The "Emerging Market Crisis"?

June 26, 2018 / www.dollarcollapse.com

Being huge, consequential and technologically advanced, China isn't normally lumped into the "emerging" category with Brazil and Argentina. To most observers they've already left the kids table and are now seated with the developed-world adults. But that might be premature. A big part of China's economic ascendance was purchased with borrowed money - including a lot of US dollars - and came at the...Read More

More Q3 MJP deals done at $132/t; benchmark settlement nears

June 26, 2018 / www.metalbulletin.com

There have been more deals for third-quarter cif main Japanese ports (MJP) aluminium supply agreed at a premium of $132 per tonne between several buyers and more than one producers, sources involved in the quarterly negotiations said on Tuesday June 26. The number, which could become the quarterly benchmark if more than 30,000 tonnes of business are confirmed at that level, represents a 2.3% incre...Read More

LIVE FUTURES REPORT 26/06: Comex copper price tumbles to lowest since March below $3/lb

June 26, 2018 / www.metalbulletin.com

Comex copper prices traded at the lowest point since March 2018 on Tuesday June 26 with threats of a growing trade war weighing on the metals complex. Copper for July settlement on the Comex division of the New York Mercantile Exchange inched down 0.40 cents or 0.1% to $2.9830 per lb. Earlier, the contract touched $2.9795, the lowest since March 26. "Copper has slipped since mid-June due to growin...Read More

Jun 25 Uranium week: stalling again

June 26, 2018 / www.fnarena.com

Weekly Reports |Jun 26 2018Following a recent burst of activity, volatility in the uranium market has waned once more.-Volume reasonable but volatility diminished-Uncertainty persists-New age reactor completes testingBy Greg PeelVolume in the uranium spot markets was a bit lower last week than the week before but not unreasonable, with 1.3mlbs U3O8 equivalent changing hands in eight transactions,...Read More

Automakers to warn Trump of $45 billion higher vehicle costs if tariff imposed

June 26, 2018 / www.kitco.com

WASHINGTON (Reuters) - An automotive trade group said on Tuesday it would tell the Trump administration that a U.S. threat to impose a tariff of up to 25 percent on imported passenger vehicles under national security grounds would cost American consumers $45 billion annually, or $5,800 per vehicle.The Alliance of Automobile Manufacturers, a group representing General Motors Co (GM.N), Toyota Motor...Read More

European ferro-chrome benchmark slips to $1.38/lb for Q3

June 26, 2018 / www.metalbulletin.com

The European charge and high carbon ferro-chrome benchmark has settled at $1.38 per lb for the third quarter of 2018. The settlement represents a reduction of 4 cents compared with the second quarter of the year. Metal Bulletin reported on June 18 that the widely-anticipated price reduction would be smaller than early estimates, due to rising spot ferro-chrome prices in Europe and China. Metal Bul...Read More

Paul Craig Roberts:"How Long Can The Federal Reserve Stave Off the Inevitable?"

June 26, 2018 / investmentresearchdynamics.com

IRD Note: The average household is bloated with debt, housing prices have peaked, many public pensions are on the verge of collapse in spite of 9-years of rising stock, bond and alternative asset values. But all of this was built on a foundation of debt, fraud and corruption. Dr. Paul Craig Roberts asks, "does the Fed have another 'rabbit' to pull out its hat?...When are America's global corporat...Read More

The COTs and DSI Suggest a Tradable Low is Near

June 26, 2018 / www.321gold.com

Bob Moriarty ArchivesJun 26, 2018Investors are utterly irrational in their buying habits. Imagine for a moment if you will, an investor in a nice gold stock watches his shares drop 25%, does he buy or sell?Well, in my experience, the average investor will sell based on nothing more than the fear of losing even more. That’s irrational as hell. If you have been watching the price of new Corvet...Read More

Pence to discuss immigration with Central American leaders: White House

June 26, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. Vice President Mike Pence will meet on Thursday in Guatemala to discuss the immigration issue on the U.S. southern border with the presidents of Guatemala and Honduras and the vice president of El Salvador, an aide told reporters on Tuesday.Pence is currently traveling in Brazil and had been slated on Thursday to meet with victims of a recent volcanic eruption in Guatem...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok