Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Turkish steel producers have continued to book deep-sea scrap for April amid strong demand for their finished steel products, sources said on Tuesday March 6.Imported scrap prices into Turkey have risen further with the recent bookings, sources told Metal Bulletin.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $374.75 per tonne and...Read More
WASHINGTON (Reuters) - The U.S. Senate on Tuesday voted 67-32 in favor of beginning to debate a bipartisan bill that would ease rules for mid-sized and small lenders introduced following the 2007-2009 financial crisis.The vote paves the way for the chamber to potentially pass the proposed legislation by the end of the week.The bipartisan bill, authored by Senate Banking Committee chairman Mike Cra...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Cardero (TSX: CDU) (FSE: CR5) Announces Positive Preliminary Economic Assessment for Zonia Copper-Oxide Deposit, Arizona, USA Vancouver, British Columbia - March 6, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cardero Resource Corp. (TSX:...Read More
Limited offers and bullish sentiment resulted in import prices for steel billet in Southeast Asia rising further over the past week and those for slab in the wider region including East Asia to narrow upward.BilletMetal Bulletin's assessment of import prices for billet in Southeast Asia was $560-575 per tonne cfr for the week ended Monday March 5, up $20 per tonne from a week earlier.Numerous deal...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Grizzly (TSXV: GZD) (OTC Pink: GZDIF) Provides Greenwood Property Update and 2018 Exploration Plans Edmonton, Alberta - March 6, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink: GZDIF) (FSE: G6H...Read More
No one should have to compete with robots. That is why everyone should strive to do what robots cannot.Flipping burgers and taking orders are quite easy tasks for robots. We have already seen touchscreens offer an alternative to human cashiers. Now robots are starting to replace the backroom staff.Flippy still requires some human help, but its learning. Flippy’s boss though says he is alrea...Read More
HOUSTON (Reuters) - The global oil and gas industry needs to invest more than $20 trillion over the next 25 years to meet expected growth in demand and compensate for the natural decline in developed fields, Saudi Aramco Chief Executive Officer Amin Nasser said on Tuesday.Speaking at the CERAWeek conference in Houston, Nasser said the industry has already lost $1 trillion of investments since the...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Chimata Gold Corp (TSXV: CAT) in Process of Completing a NI 43-101 Technical Report with Zimbabwe Lithium Company Limited for the Kamativi Lithium Tailings Deposit in Zimbabwe Vancouver, British Columbia - March 6, 2018 (Newsfile Corp.) (Invest...Read More
If you have too much debt and bad credit, it may be tough to get credit cards and loans. The idea is that people less likely to pay pack lenders get less credit.Well imagine if there was a social credit system. But it was the government that used it to decide who could travel, or live in certain apartments. Imagine if your social credit was too low to send your kids to a private school, or...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Bold Ventures (TSXV: BOL) Provides Koper Lake Project, Ring of Fire Update Toronto, Ontario - March 6, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bold Ventures Inc. (TSXV: BOL) ("Bold" or the "Company") is pleased to note that KWG Resou...Read More
Ballistically YoursOne nearly-famous gold salesman blasted subscribers this week with, "Gold Is Going to Go Ballistic!" A numerologist shouted out the number $10,000. At the county fair this weekend, we ran out of pocket change, so we did not have a chance to see the Tarot Card reader to get a confirmation.The market criers are back in gold town [PT] Even if you think that the price of gold is go...Read More
WASHINGTON (Reuters) - The most powerful member of the U.S. House of Representatives said on Tuesday that President Donald Trump’s planned tariffs on steel and aluminum imports are too broad and open the country to possible retaliation, adding that he encouraged the White House to more narrowly focus its approach.“There is clearly abuse occurring,” said Speaker Paul Ryan at a pre...Read More
Base metals traded on the London Metal Exchange are mixed this morning, Tuesday March 6, with lead, zinc and tin prices down by an average of 0.5%, while copper, aluminium and nickel prices are up by an average of 0.3%.Volume has been average with 7,431 lots traded as of 07.16am London time. Precious metals prices are little changed to slightly firmer with the complex up by an average of 0.1%, wit...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Will This Explorer's New BC Mineral Claims Prove It Has the Luck of the Irish?Source: Streetwise Reports March 6, 2018 (Investorideas.com Newswire) A Canadian junior explorer is rapidly adding land in British Columbia, and one recently acquired...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.After...Read More
CloseGain/LossGold $1333.70+$14.10Silver$16.74+$0.31XAU80.80+2.15%HUI177.86+2.01%GDM615.99+2.08%JSE Gold1140.09+31.92USD89.62-0.38Euro124.10+0.74Yen94.26+0.01Oil$62.60+$0.0310-Year2.884%UNCHT-Bond144.1875+0.0625Dow24884.12+0.04%Nasdaq7372.01+0.56%S&P2728.12+0.26% The Metals: Gold gained $18.90 to as high as $1338.50 in late morning New York trade before it edged back lower into the close,...Read More
Trump tariff or no tariff, Ron Paul warns a 'calamity' will hit stocks from CNBC.The situation facing stocks may appear more ominous with the addition of President Donald Trump's tariff threat. But libertarian Ron Paul suggests Wall Street is missing the bigger picture.The real trouble stems from Federal Reserve policy and easy money, according to the former presidential candidate. Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose 1.4% on Monday, putting an end to a losing streak of four consecutive sessions.The Dow fell 166 points at its low Tuesday, putting the index briefly in negative territory for the year.The Nasdaq was higher for a third straight day. Wall Street Overview Stocks finished slightly higher on Tuesday, March 6...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Major Colombia Gold Miner at a Great Entry PointSource: Clive Maund for Streetwise Reports March 6, 2018 (Investorideas.com Newswire) A miner with a large project in Colombia is going to acquire its spin-out company, and technical analyst Clive...Read More