(Kitco News) - Gold and silver prices are weaker in early U.S. trading Monday. A higher U.S. dollarindex that scored another four-month high overnight continues to cast a bearishshadow over the precious metals markets. June Comex gold futures were last down$3.20 an ounce at $1,311.40. July Comex silver was last down $0.079 at $16.44an ounce. Worldstock markets were mostly firmer overnight. U.S. st...Read More

Rick Mills, founder of Ahead of the Herd, discusses the Golden Triangle region of northwest BC and some junior companies gearing up to explore new and existing targets. Golden Triangle Infrastructure Improvements, Courtesy Visual CapitalistGeology"Geologists are scrambling to understand what created the phenomenal concentrations of gold at the Valley of the Kings discovery of Pretium. Recent dril...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12May 7, 2018 "This vast empire on which the sun never sets, and whose bounds nature has not yet ascertained" George Macartney, 1773, in the wake of territorial expansion following Britain's victory in the Seven Years' War "Today the sun never sets on American territory, proper...Read More

Demonstrators have blockaded roads in Ethiopia's unruly Oromia region pressing the government to revoke the renewal of a mining licence for a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution and health risks to locals.Protesters have blockaded local roads since April 30, preventing people from going to work and forcing schools to cancel classes, and have said they...Read More

Oil prices topped the $70 mark, but lost some steam after a Trump tweetA strong rise in oil prices sparked strong early trading for U.S. stocks, though the Dow and S&P 500 closed well off their intraday highs. Crude futures burst through the $70-per-barrel level on expectations of fresh sanctions on Iran, but lost some steam after President Donald Trump tweeted that he'll make a decision on the Ir...Read More

AMELIA ISLAND, Fla. (Reuters) - Atlanta Federal Reserve bank president Raphael Bostic said on Monday he is comfortable with “some overshoot” of inflation and that the Fed will not draw a “big signal” on the likely path of prices if wages, as expected, begin to rise faster.“We have seen some upward pressure (on inflation). We don’t have the ability to stop trends...Read More

 CloseGain/LossGold $1314.30+$0.30Silver$16.47-$0.03XAU81.99-0.50%HUI180.21-0.65%GDM632.09-0.05%JSE Gold1088.69-26.37USD92.77+0.17Euro119.23-0.34Yen91.59-0.14Oil$70.73+1.0110-Year2.950%+0.005T-Bond143.50-0.15625Dow24357.32+0.39%Nasdaq7265.21+0.77%S&P2672.63+0.35%  The Metals: Gold gained $4.80 to $1318.80 in Asia before it fell back to $1310.30 by a little after 8AM EST, bu...Read More

By Rory HallKen Schortgen, Jr., The Daily Economist, recently penned an article about Nigeria approving a currency swap agreement with China, stating,It has been a little more than a month since China officially began offering oil futures contracts denominated in the Yuan currency, but early results continue to be positive for this contract to over time take more and more market share from the W...Read More

Photo: Agreement signing attended by (from left) Ivanplats Managing Director Dr. Patricia Makhesha (standing); Ivanhoe Chief Financial Officer Marna Cloete (seated); Municipal Technical Director William Nkuna; Acting Municipal Manager Marcus Mthombeni; and Mogalakwena Mayor Andrina Matsemela. (Image from Ivanhoe Mines Ltd.)MOKOPANE, South Africa, May 07, 2018 (GLOBE NEWSWIRE) - Robert Friedland,...Read More

The best mantra is 'Buy cheap, sell expensive'After a slow churn higher for stocks in 2017, volatility has re-emerged with a vengeance in 2018. What's more, we're currently at the heart of earnings season, with major players like Apple (AAPL) recently reporting, and several more still on deck. Against this backdrop, I sat down with Schaeffer's Senior Options Strategist Bryan Sapp to look at one o...Read More

MOSCOW (Reuters) - President Vladimir Putin stuck with his long-serving prime minister in his first act after being sworn in for a new term on Monday, signalling that he would keep faith with a policy direction that has brought Russia into conflict with the West.Standing in the ornately-decorated Andreyevsky Hall of the Grand Kremlin Palace, with his hand on a gold-embossed copy of the constitutio...Read More

The US economic expansion that began in mid-2009 has been much weaker than average, but, as indicated by the chart displayed below, it is also much longer than average. In fact, it is simultaneously the weakest and the second-longest expansion on record. Due to the advanced age of the expansion and the signs of weakness that have appeared over the past three months in economic statistics and the...Read More

Australia's biggest gold miner Newcrest Mining Ltd said it expects its flagship Cadia mine to return to full production rates by the end of June.The miner said it had begun depositing tailings into the Cadia Hill open pit over the weekend, after receiving approval from the New South Wales Department of Planning and Environment last month.Newcrest restarted processing at Cadia last month after halt...Read More

 CloseGain/LossGold $1314.30+$0.30Silver$16.47-$0.03XAU81.99-0.50%HUI180.21-0.65%GDM632.09-0.05%JSE Gold1088.69-26.37USD92.77+0.17Euro119.23-0.34Yen91.59-0.14Oil$70.73+1.0110-Year2.950%+0.005T-Bond143.50-0.15625Dow24357.32+0.39%Nasdaq7265.21+0.77%S&P2672.63+0.35%  The Metals: Gold gained $4.80 to $1318.80 in Asia before it fell back to $1310.30 by a little after 8AM EST, bu...Read More

Del Frisco's first-quarter earnings report fell short of expectationsStocks are outperforming today, thanks to a surging energy sector. While penny stock Blink Charging Co (NASDAQ:BLNK) is red-hot, shares of restaurant name Del Frisco's Restaurant Group Inc (NASDAQ:DFRG) and department store concern Kohl's Corporation (NYSE:KSS) are trending lower. Here's a closer look at what has shares of...Read More

 CloseGain/LossGold $1314.30+$0.30Silver$16.47-$0.03XAU81.99-0.50%HUI180.21-0.65%GDM632.09-0.05%JSE Gold1088.69-26.37USD92.77+0.17Euro119.23-0.34Yen91.59-0.14Oil$70.73+1.0110-Year2.950%+0.005T-Bond143.50-0.15625Dow24357.32+0.39%Nasdaq7265.21+0.77%S&P2672.63+0.35%  The Metals: Gold gained $4.80 to $1318.80 in Asia before it fell back to $1310.30 by a little after 8AM EST, bu...Read More

BEIJING (Reuters) - China’s main ports will step up quarantine checks on imports of apples and logs from the United States, and shipments found carrying disease or rot could be returned or destroyed, the Chinese customs agency said on Monday.Reuters reported last week that the main Chinese ports of entry have ramped up checks on fresh fruit imports from the United States, which could delay s...Read More

By Keith WeinerThe hot topic in monetary economics today (hah, if it's not an oxymoron to say these terms together!) is whither interest rates. The Fed in its recent statement said the risk is balanced (the debunked notion of a tradeoff between unemployment and rising consumer prices should have been tossed on the ash heap of history in the 1970's). The gold community certainly expects rapidly r...Read More

Full Article: The case for gold in the era of financial virtual realityBy: Michael J. Kosare"John Locke, the British philosopher whose ideas fuelled the American Revolution, had a theory of knowledge and perception, which I always found annoying. Asked if we have an idea of the substance behind our perceptions, he said we had 'no such clear idea at all, and therefore signify nothing by the word...Read More

Tesla's volatile intraday trading last week resulted in a fractional net gainLast week was a volatile one for Tesla Inc (NASDAQ:TSLA) in terms of intraday trading, as the stock reacted to a disappointing earnings call from CEO Elon Musk -- which sparked a back-and-forth with Warren Buffett over the weekend on the importance of "moats." The swings resulted in a fractional net gain for the car stock...Read More