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Metallis Expands Gold-Rich Mineralization at the Cliff Porphyry Target @MetallisMTS

October 29, 2018 / bit.ly

Metallis Resources Inc (TSXV:MTS) (theRead full newsRead More

Greg Weldon Forecast: Dollar to Get Whacked, Catalyzing Gold & Silver Rally

October 29, 2018 / www.fxstreet.com

Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit ma...Read More

Barclays Takes Action on Gold Mining Stocks

October 29, 2018 / dlvr.it

The British bank initiated coverage on Goldcorp, Kinross Gold, Newmont Mining and Yamana GoldRead full newsRead More

Britain will end scheme to assist first-time property buyers in 2023

October 29, 2018 / www.kitco.com

LONDON (Reuters) - Britain will scale back and then end in 2023 a flagship “Help to Buy” equity loan scheme, an initiative which has helped first-time buyers get onto the property ladder by allowing them to purchase a new home with as little as a 5 percent deposit.At the moment those taking advantage of the program, which is due to end in March 2021, can buy a property worth up to 600,...Read More

UK budget doesn't alter view of high public debt: Moody's

October 29, 2018 / www.kitco.com

LONDON (Reuters) - British public debt looks set to remain high for a long time and finance minister Philip Hammond’s budget on Monday does not change that view, ratings agency Moody’s said.“Today’s budget confirms our expectation that we won’t see a material reversal in the UK’s high public debt levels for some time and that elevated debt levels will continue t...Read More

Ford Stock Higher After Goldman Sachs Takes the Wheel

October 29, 2018 / www.schaeffersresearch.com

The car stock is fresh off its best week in seven monthsAuto giant Ford Motor Company (NYSE:F) has seenheavy options trading in recent weeks, landing on Schaeffer's Senior Quantitative Analyst Rocky White's list of 20 S&P 500 Index (SPX) stocks that saw the most options activity in the past 10 days. Names highlighted yellow are new to the list. Today, Ford stock is up 4% to trade at $9.35, thank...Read More

U.S. restricts exports to Chinese semiconductor firm

October 29, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. Commerce Department on Monday said it has restricted U.S. exports to Chinese semiconductor maker Fujian Jinhua Integrated Circuit Co Ltd, citing a “significant risk” that its new memory chip capacity will threaten the viability of American suppliers of chips for military systems.In a press release, the Commerce Department said it has placed Fujian Jinhua...Read More

Rare earths in the cross-hairs of new high-tech arms race

October 29, 2018 / www.mining.com

As a general rule, the most successful man in life is the man who has the best informationA decision by the Chinese government to slash production of rare earth elements (REEs) has spooked customers of the materials used in everything from cell phones to electric vehicles to smart bombs. And for those who follow the rare earths market, it's like deja vu back to 2009, when China suddenly reduced it...Read More

Gold Down On Profit-Taking, Strong U.S. Dollar

October 29, 2018 / www.kitco.com

(Kitco News) - Gold prices aremoderately lower in early-afternoon U.S. trading Monday. Some profit takingfrom the shorter-term futures traders is featured. The stronger U.S. dollar index today that is hovering near last week’s nine-week high also workedagainst the precious metals market bulls today. There is also less riskaversion in the marketplace early this week as world stock markets hav...Read More

Gold Down On Profit-Taking, Strong U.S. Dollar

October 29, 2018 / www.kitco.com

(Kitco News) - Gold prices are moderately lower in early-afternoon U.S. trading Monday. Some profit taking from the shorter-term futures traders is featured. The stronger U.S. dollar index today that is hovering near last week’s nine-week high also worked against the precious metals market bulls today. There is also less risk aversion in the marketplace early this week as world stock markets...Read More

MONEY MARKETS-LIBOR rise slows, fed funds rate elevated

October 29, 2018 / www.kitco.com

(Adds graphic, no change to text)By Richard LeongNEW YORK, Oct 29 (Reuters) - The increase in a key gauge of interbank borrowing costs for dollars slowed on Monday, while another measure of what banks borrow from each other remained elevated, raising speculation on what steps the Federal Reserve would take.The London interbank offered rate for banks to borrow three-month dollars from each other ro...Read More

Former U.S. President Carter wades into heated Georgia governor's race

October 29, 2018 / www.kitco.com

NEW YORK (Reuters) - Former U.S. President Jimmy Carter waded into the heated governor’s race in his home state of Georgia on Monday, asking the Republican candidate to step down from his role as the state’s top elections official.Carter said he was concerned that popular confidence in Georgia’s gubernatorial election would be threatened if the candidate, Brian Kemp, were to rema...Read More

Horizonte Minerals shares tank on lower nickel project profitability

October 29, 2018 / www.mining.com

Shares in Horizonte Minerals saw their biggest one-day drop in over two years on Monday after the company said the nickel mine it plans to build will be less profitable than previous estimated.London-listed shares in the nickel development company closed 9.7 percent at 3.3 pence, its biggest one-day fall since June 2016. The stock is also listed in Toronto.The feasibility study on Monday showed th...Read More

U.S. pot firm Curaleaf debuts on CSE with $6B valuation #cannabis

October 29, 2018 / fw.to

U.S. cannabis producer Curaleaf Holdings Inc. started trading on the Canadian Securities Exchange Monday with a nearly $6-billion valuation, after completing a reverse takeover of Canada's Lead Ventures Inc. last week.Read full newsRead More

The world's biggest emerald miner has found a gem that weighs more than 1.1 kilograms at its mine in #Zambia...

October 29, 2018 / twitter.com

"The world's biggest emerald miner has found a gem that weighs more than 1.1 kilograms at its mine in #Zambia https://t.co/APBceSPNKD via @markets"Read full newsRead More

Wall Street claws back as financials lead

October 29, 2018 / www.kitco.com

(Reuters) - U.S. stocks gained on Monday, helped by relief over Italy maintaining its debt rating, as equities clawed back from a sharp sell off last week.Financials .SPNY led broad gains among sectors as the benchmark S&P 500 rose more than 1 percent.Shares of software maker Red Hat Inc (RHT.N) gave among the biggest boosts to the S&P 500, surging 45.3 percent after the company agreed to...Read More

End of era beckons as Merkel says will not stand again as chancellor

October 29, 2018 / www.kitco.com

Merkel, 64, has been chairwoman of her conservative Christian Democrats (CDU) since 2000 and chancellor since 2005. Her decision to step down as chairwoman comes after her party suffered its second regional election setback in as many weeks.Merkel made the announcement a day after Sunday’s vote in the state of Hesse, at which the CDU came first but suffered a slump in support from the last e...Read More

Signature Resources Announces Closing of Final Tranche of Private Placement

October 29, 2018 / bit.ly

Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (Read full newsRead More

RT @GianniKov: Powerful demonstration to the impact of disruption and innovation.

October 29, 2018 / twitter.com

"On this day in 2010: Tesla opens first factory (a former GM-Toyota factory)Valuation (Oct 2010):GM: $46 billion Tesla: $1 billion Valuation (Oct 2018):Tesla: $56 billionGM:$46 billion"Read full newsRead More

Enforcer Gold Announces Red Lake Property Acquisition, $1.5 Million Private Placement Financing and Concurrent 3:1...

October 29, 2018 / twitter.com

"Enforcer Gold Announces Red Lake Property Acquisition, $1.5 Million Private Placement Financing and Concurrent 3:1 Share Consolidation @EnforcerGold https://t.co/l4YH5aWmdd"Read full newsRead More

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