Blackrock Gold Resources (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (theRead full newsRead More
MOSCOW (Reuters) - The United States has yet to decide if it will impose new sanctions on Russia, U.S. President Donald Trump’s National Security Advisor John Bolton said on Wednesday, saying it was in the process of making a decision.Bolton made the comments at a news conference in Baku, the capital of Azerbaijan, according to a transcript of the event provided by the U.S. National Security...Read More
NEW YORK (Reuters) - Stock markets around the world edged lower on Wednesday while U.S. treasuries prices rose as investors favored safer investments amid a range of uncertainties, while the U.S. dollar surged and oil prices steadied after the previous day’s session.Investors have been unnerved by a range of issues in recent days, including some disappointing earnings reports, worries about...Read More
Ely Gold Royalties (TSXV:ELY, OTC:ELYGF) (Read full newsRead More
CAPE TOWN, Oct 24 (Reuters) - Mali's first independent power project - a 122 million euro ($139.06 million), 90-megawatt diesel plant - will go online next week in the country's gold-rich southwest, a board member of the operator said on Wednesday.The new plant could spur more of the foreign investment Mali has struggled to attract since Islamist militants seized the desert north in 2012.French fo...Read More
New home sales fell to a nearly two-year low in SeptemberThe Dow Jones Industrial Average (DJI) has explored a more than 400-point range on both sides of breakeven today. While strong earnings from Boeing (BA) initially propped the blue-chip index up over 100 points, a disappointing reading on new home sales -- which fell 5.5% to a roughly two-year low last month -- has soured investor sentiment,...Read More
CAPE TOWN, Oct 24 (Reuters) - Mali's first independent power project - a 122 million euro ($139.06 million), 90-megawatt diesel plant - will go online next week in the country's gold-rich southwest, a board member of the operator said on Wednesday.The new plant could spur more of the foreign investment Mali has struggled to attract since Islamist militants seized the desert north in 2012.French fo...Read More
Marijuana stocks are in "early internet" territory.Amazon's early investors walked away with over 79,000% in profits. And this same phenomenon is happening in the cannabis space right now.Remember, the dotcom bubble separated out the real companies from the fake.Which is why it's so important to "weed" out the companies that might not survive this volatile but opportune time.Now, the race has ser...Read More
"Algold Reports 80.0 g/t Au Over 0.4 Meters as High-Grade Drill Results Continue at Tijirit @AlgoldResources https://t.co/JiTFjtvCLK"Read full newsRead More
(Reuters) - U.S. stocks dropped on Wednesday as weak results from AT&T and sour outlook from chipmakers ahead of key earnings added to growing worries about corporate profit growth and overshadowed optimism from Boeing’s raised forecast.A slew of results this week is expected to throw spotlight on the risk of a slowdown in China, the world’s No. 2 economy, spilling beyond its borde...Read More
Short-term options are pricing in elevated volatility expectations at the momentTwitter Inc (NYSE:TWTR) is scheduled to report third-quarter earnings before the market opens tomorrow, Oct. 25. TWTR stock has been relatively quiet on the charts over the last two months, per the stock's 60-day historical volatility of 40.9%, which registers in the 6th annual percentile. However, the options market i...Read More
BRUSSELS (Reuters) - Steel imports into Europe have risen sharply as a result of U.S. tariffs, particularly from Turkey, threatening European steelmakers as demand growth in the continent slows, European steel association Eurofer said on Wednesday.Eurofer said in its quarterly review it expected European Union apparent steel consumption, a reflection of supply to the market, would rise by 2.2 perc...Read More
Stephanie Landsman| @stephlandsman Published 13 Hours AgoCNBC.com show chapters Gold rally is on borrowed time, Wells Fargo warns 2:44PM ET Tue, 23 Oct 2018 |01:42 Gold's surge to July highs is creating a bright spot in the market as U.S. stocks struggle.However, John LaForge of the Wells Fargo Investment Institute believes the rally will trip up investors in a matter of month...Read More
Stephanie Landsman| @stephlandsman Published7:37AM ET Wed, 24 Oct 2018CNBC.com show chapters Gold rally is on borrowed time, Wells Fargo warns 2:44PM ET Tue, 23 Oct 2018 |01:42 Gold's surge to July highs is creating a bright spot in the market as U.S. stocks struggle.However, John LaForge of the Wells Fargo Investment Institute believes the rally will trip up investors in a ma...Read More
(Kitco News) - Volatility in global stock markets is boosting demand for gold, which has stood “the test of time,” said Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.As central banks around the world stepped up gold purchases, shouldn’t investors follow suit, Sprott was asked during the company’s Weekly Wrap-Up segment.“In India, the cent...Read More
Oct 24(Reuters) - Canada’s main stock index fell on Wednesday on weak investor sentiment after Bank of Canada raised benchmark interest rate.* At 10:01 a.m. ET (14:01 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 62.2 points, or 0.41 percent, at 15,222.97.*The rate increase, by a quarter of a percentage point, took the bank’s overnight interest rate to 1...Read More
FRANKFURT (Reuters) - Commerzbank (CBKG.DE) has made a non-binding offer to take a stake in German NordLB, people close to the matter said, as an auction for the ailing public-sector lender progresses.NordLB aims to boost its capital by about 3 billion euros ($3.4 billion) to cope with bad ship loans and has asked for final bids by the end of November.The bank is working on a restructuring plan th...Read More
Ali Kucukgocmen, Ezgi ErkoyunISTANBUL (Reuters) - U.S. President Donald Trump said Saudi Arabia’s Crown Prince bore ultimate responsibility for the operation that led to Jamal Khashoggi’s killing, and Turkish police were allowed to extend their probe at the Saudi consulate in Istanbul.In his toughest comments yet, Trump told the Wall Street Journal he wanted to believe the prince when...Read More
(Reuters) - The U.S. Federal Reserve should continue raising interest rates at least two but probably three more times before assessing whether further rate hikes to restrain growth are warranted, Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday.“My base case for 2019 is to gradually and patiently raise the federal funds rate into a range of 2.5 to 2.75 percent or, more...Read More
The Columbus Day holiday appears to have messed around with the mortgage numbers, but a week later the numbers are now clearer, and so is the message.Higher interest rates are hitting homeowners hoping to refinance and homebuyers hoping to get in on the fall housing market.Diana Olick| @DianaOlick Published 14 Hours AgoUpdated10 Hours AgoCNBC.com show chapters New home sales down 5.5% in Septem...Read More