Gold is clinging to the uptrend line coming in at down to 1196....We have the weekly S1 from Pivot Points @ 1198....and the daily S1 @ 1195....so there are 3 good reasons to buy Gold at lower levels we have the order in....we just need it to drop a smidge lower....or buy @ market if it doesn't get these within the next hour... Gold has come down a lot from being contained by the 200 week MA @...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump is considering removing Department of Homeland Security chief Kirstjen Nielsen and replacing chief of staff John Kelly in another shakeup of his administration, ABC News reported on Tuesday, citing multiple unnamed sources.Nielsen, a prot?(C)g?(C) of Kelly who became the secretary at Homeland Security when he left the job to become Trump’s c...Read More

(Kitco News) -The sentiment from the Silver & Gold Summit in SanFrancisco was one of fear - the nosedive that equities took in October hasunderstandably shaken investors’ confidence in the stock markets.The questions on everyone’s mind is during the conferencewas whether or not investors will flood back to safe havens in 2019, and if so,will gold take the crown as the king of safe...Read More

(Kitco News) - The sentiment from the Silver & Gold Summit in San Francisco was one of fear - the nosedive that equities took in October has understandably shaken investors’ confidence in the stock markets.The questions on everyone’s mind is during the conference was whether or not investors will flood back to safe havens in 2019, and if so, will gold take the crown as the king of...Read More

Home Depot, meanwhile, has reversed lower after earningsThe Dow Jones Industrial Average (DJI) is sporting modest gains at midday, as a swing higher for Apple (AAPL) stock and reports of revamped U.S.-China trade talks offset a post-earnings reversal for Home Depot (HD) and another day of sharp losses for oil prices. Specifically, December-dated crude futures are down 3.8% at $57.65 per barrel, he...Read More

JOHANNESBURG (Reuters) - South Africa’s Home Affairs Minister Malusi Gigaba has resigned, the president’s office said on Tuesday, following calls from opposition parties for him to stand down over a High Court ruling which said he had lied under oath.Gigaba, who was finance minister between March 2017 and February 2018, has denied any wrongdoing. Gigaba, who in February was reappointed...Read More

Gold has come under renewed downward pressure since the Fed's meeting (November 8).Speculators continue to normalize their bearish positioning in Comex gold, the CFTC shows.ETF investors cut slightly their gold holdings last week, according to FastMarkets.The outcome of US midterm elections (November 6) should be dollar-negative.I continue to expect a strong rebound in gold prices into year-end....Read More

"Abandon ship!" That's the advice that ABN Amro Group NV is giving any remaining Nyrstar NV investors.The central problem for Nyrstar is that it's increasingly looking like the company will struggle to refinance bonds due next year.Nyrstar, Europe's biggest zinc smelting company, is on an inevitable path toward a debt restructuring, said ABN's Philip Ngotho, whose bearish calls have proven profita...Read More

"Nyrstar was a 1.2b euro zinc giant. Now it's worth just 56m euros https://t.co/wzwKTlJ9V4@mburtonmetals"Read full newsRead More

LONDON/BRUSSELS (Reuters) - A Brexit deal is almost within touching distance, Prime Minister Theresa May’s de facto deputy said on Tuesday, as Britain and the European Union sought to avoid missing a deadline for approving the divorce.While officials choreograph the first withdrawal of a sovereign state from the EU, it remains unclear whether May can get any deal approved by the British parl...Read More

(Repeats with no changes to text)STRASBOURG, Nov 13 (Reuters) - German Chancellor Angela Merkel told the European Parliament on Tuesday that the euro zone will only work if all member states meet their treaty responsibilities as a deadline looms for Italy to re-submit budget plans to the European Union.“Our common currency can only function if every individual member fulfils their responsibi...Read More

WASHINGTON (Reuters) - Georgia voters will wait until at least Friday for the final word on who will be their next governor after a U.S. federal judge ordered state election officials to review provisional ballots cast in last week’s election.In an order late on Monday, U.S. District Court Judge Amy Totenberg urged county election officials to conduct a “good faith” or “ind...Read More

Two key Democratic Republic of Congo opposition leaders withdrew their support for a joint candidate in next month's election, increasing the likelihood that President Joseph Kabila's protege will win.The next government will be less likely to modify new mining legislation that's deeply unpopular with Glencore Plc and Randgold Resources Ltd for boosting taxes and removing investor protections.Tha...Read More

Two key Democratic Republic of Congo opposition leaders withdrew their support for a joint candidate in next month's election, increasing the likelihood that President Joseph Kabila's protege will win.The next government will be less likely to modify new mining legislation that's deeply unpopular with Glencore Plc and Randgold Resources Ltd for boosting taxes and removing investor protections.Tha...Read More

WASHINGTON, Nov 13 (Reuters) - Italy’s fiscal stimulus plans would leave the country vulnerable to higher interest rates that could ultimately plunge it into recession, the International Monetary Fund warned on Tuesday, recommending instead a “modest” fiscal consolidation to reduce financing costs.The IMF said after an annual staff review of Italy’s economic policies that a...Read More

BERLIN (Reuters) - Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security.The behind-the-scenes push in Berlin, which comes after decisions by Australia and the United States to ban Chinese suppliers from 5G, has em...Read More

For those investors who look to gold for inflation protection, it seems they are prone to selling gold when they believe the Fed is going to at some point start raising interest rates. On the other hand, they tend to buy gold when the Fed is expected to get looser. That is what INK has found in this month's Gold Top 20 Stock Report in looking at the relationship between forward gold prices and ou...Read More

(Kitco News) - Thegold/silver ratio has risen to its highest level in roughly a quarter century,with silver suffering from both weakness in precious metals lately but also draggeddown by pessimism about base metals.“Thesilver price has been very weak in recent days - in both absolute and relativeterms....The gold/silver ratio has risen to 86, its highest level in 25 years,”said a resea...Read More

(Kitco News) - The gold/silver ratio has risen to its highest level in roughly a quarter century, with silver suffering from both weakness in precious metals lately but also dragged down by pessimism about base metals.“The silver price has been very weak in recent days - in both absolute and relative terms....The gold/silver ratio has risen to 86, its highest level in 25 years,” said a...Read More

In just a few weeks, humanity may take its first paid ride into the age of driverless cars.Waymo, the secretive subsidiary of Google's parent company, Alphabet Inc., is planning to launch the world's first commercial driverless car service in early December, according to a person familiar with the plans. It will operate under a new brand and compete directly with Uber and Lyft. The early start ma...Read More