Gold is sliding back towards US$1,300 per ounce, and investors are wondering if more downside could be on the way.Let's take look at the current situation to see if the pullback is an opportunity to buy or a signal to stay on the sidelines.Interest rate outlookA number of factors can impact the price of gold, including interest rate moves in the United States.The generally accepted theory is that...Read More

It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.Gundlach's comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach's...Read More

Precious metal streaming companies, such as Wheaton Precious Metals Corp. (TSX:WPM)(NYSE:WPM), hold massive appeal and opportunity for investors that are looking to enter the volatile, yet lucrative precious metals market.New and seasoned investors may realize that there are significant differences between a streamer and a miner, but they may not understand how that difference can translate into m...Read More

If you think you missed the boat on pot stocks, you are dead wrong.In fact, it may be the single best time to start investing. Marijuana stocks have been beaten down over the last few months - mostly based on the Canadian government's inability to decide on how to legalize and regulate it.This is a temporary issue, and will give you a great chance to buy life-changing stocks at a massive discount....Read More

(Kitco News) - Frustrated gold bulls will see their wishes of $1,400 an ounce gold come true, they just need to stay patient, according to a recent note published by Capital Economics.In the near-term, gold prices will remain supported by rising geopolitical tensions, but gains will be capped by U.S. monetary policy tightening and weak consumer demand in India and China.“Strong safe-haven de...Read More

There's a story going around about a "treasure trove" of rare earth minerals that have been discovered off the coast of Japan.CNBC - you know, the mining experts - called it a "massive, semi-infinite trove of rare earth metals."Fortune magazine - those other mining experts - crowed, "Japan's Tech Future Is Looking Brighter After a Monumental Discovery in the North Pacific Mud."What this story fail...Read More

The precious metals complex is trading lower on the day, and with the exception of palladium, today’s lower pricing is a combination of selling pressure and a stronger dollar. The dollar index continues to strengthen, gaining over a third of a percent today, trading up 30 points and currently fixed at 91.65.Dollar strength is an overwhelming contributing factor to lower precious metals prici...Read More

(Kitco News)- The U.S. Federal Reserve is likely to scale back its plannedrate hikes by yearend, providing a powerful tailwind for gold, according to arecent report from Sprott Asset Management.“Fed policy reversal would be the final component of apotent combination of fundamentals which has been developing in gold’s favorduring the past several quarters,” the report said.The Fed...Read More

Apr 30, 2018 Guest(s): Mike McGlone Gold has a good foundation for a rally past its current trading range, this according to Mike McGlone, senior analyst at Bloomberg Intelligence. "In the last 52 weeks, the range for gold is the narrowest in 13 years. It needs something to really shift to not go higher," McGlone told Kitco News. McGlone noted that the strong U.S. dollar has been one reason why...Read More

(Adds more detail on market background and gold coin sales in paragraph 5)By Renita D. YoungNEW YORK, April 30 (Reuters) - Sales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday.The U.S. Mint sold 4,500 ounces of American Eagle gold coins in April,...Read More

Consumption-linked price measure rises 2% from year earlierIncomes rose 0.3% from prior month, less than forecastsMichelle Girard, chief U.S. economist at NatWest Bank, reacts to the inflation data.U.S. consumer spending picked up in March while the Federal Reserve’s preferred inflation gauge hit the central bank’s 2 percent target for the first time in a year, reinforcing the outloo...Read More

Argentinian lithium producer Orocobre (TSX: ORL) recently reported lower than expected lithium production in its third fiscal quarter because weather interfered with its evaporation rates of its lithium brines. This reveals two problems with lithium brine production: reliability and geography. Another source of lithium is rising to met these problems, hard rock lithium mining. One analyst pointe...Read More

(Kitco News)- Although theU.S. dollar has room to move higher in the next quarter, there are a number of difficultheadwinds that could drive gold prices higher later in the year, according tothe latest research from Bank of America Merrill Lynch (BAML).In a reportMonday, the investment bank said it has increased its gold forecast for theyear. The analysts now see the yellow metal averaging around...Read More

(Kitco News)- Commodity prices, particularly gold and oil have jumped higher Monday after Israel's Prime Minister Benjamin Netanyahu said that Iran ran a secret program to produce nuclear weapons.In a speech on Monday, Netanyahu released thousands of pages of documents, which he said were copied from a "highly secret location" in Iranthat detailed an effort to build nuclear arms.He said...Read More

It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.Gundlach's comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach's...Read More

Growth in world uranium inventories is slowing as the supply sector is responding to a gradual recovery in uranium demand, according to speakers at the World Nuclear Fuel Cycle (WNFC) conference held in Madrid on 18-19 April. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market, the conference heard.TradeTech's Treva Klingbi...Read More

(Kitco News) - Gold and silver prices weremoderately down in early afternoon trading Monday. However, both markets werewell up from their daily lows to begin to suggest the bears are now exhaustedfrom their recent downside assault. Early on today gold sank to a two-month lowand silver dropped to a five-week bottom. The recent solid rally in the U.S.dollar index continues to curtail buying interest...Read More

Source: Streetwise Reports 04/27/2018Precious metals expert Michael Ballanger discusses the U.S. dollar, the Fed, gold and silver.When I was a young lad long before Atari video games and during the era of rotary telephones, hula hoops, and Red Ball Jets running shoes, I used to love to read Action Comics that featured the original "Superman" created by Jerry Siegel and Joe Shuster. All of the...Read More

Russia's floating nuclear power plant Akademik Lomonosov has left Baltiysky Zavod shipyard in Saint Petersburg, where its construction began in 2009. Housing two 35 MW KLT-40S nuclear reactors, similar to those used in Russia's nuclear-powered ice breakers, Akademik Lomonosov left the shipyard on 28 April and is now heading to its permanent base in Russia's northernmost city of Pevek.Akademik Lomo...Read More

Base metals on the London Metal Exchange were mixed at the close of trading on Monday April 30, with nickel dropping 1.5% from Friday. Nickel recorded a high-low range of $270, reaching a high of $13,940 per tonne during morning trading. With consolidation now firmly in place, nickel's three-month price is continuing to slide lower below the $14,000 per tonne support level. Despite this, sentiment...Read More