Recent News

Trump claims NATO victory after 'go it alone' ultimatum

July 12, 2018 / www.kitco.com

BRUSSELS (Reuters) - Donald Trump claimed a personal victory at a NATO summit on Thursday after telling European allies to increase spending or lose Washington’s support, an ultimatum that forced leaders to huddle in a crisis session with the U.S. president.Trump emerged declaring his continued commitment to a Western alliance built on U.S. military might that has stood up to Moscow since Wo...Read More

Gold And Silver's Reversals' Reversals

July 12, 2018 / dlvr.it

Commodities Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: XAU/USD, XAG/USD, US Dollar Index Futures, Gold Futures. Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest article on Investing.comRead full newsRead More

Adamera Minerals closes $500,000 financing

July 12, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsADAMERA MINERALS INCREASES AND CLOSES PRIVATE PLACEMENTAdamera Minerals Corp. has closed thefinancing announcedJune 7, 2018. The company increased the private placement from five million units for $300,000, as originally announced, to 8,333,333 units for $500,000. Each unit is priced at six cents and will consist of one common share and one-half of one non-transferable war...Read More

Adamera Minerals closes $500,000 financing

July 12, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsADAMERA MINERALS INCREASES AND CLOSES PRIVATE PLACEMENTAdamera Minerals Corp. has closed thefinancing announcedJune 7, 2018. The company increased the private placement from five million units for $300,000, as originally announced, to 8,333,333 units for $500,000. Each unit is priced at six cents and will consist of one common share and one-half of one non-transferable war...Read More

German business group enraged by Trump attacks on Nord Stream pipeline

July 12, 2018 / www.kitco.com

BERLIN (Reuters) - German companies active in eastern European business on Thursday dismissed U.S. President Donald Trump’s criticism of the Nord Stream 2 gas pipeline plan, a day after he called Berlin “a captive to Russia.”The U.S. State Department overnight repeated a warning to Western firms involved in the deal for the pipeline from Russia under the Baltic Sea, saying the pr...Read More

Delta Stock Tests Key Chart Level After Earnings

July 12, 2018 / www.schaeffersresearch.com

Delta Air Lines had to lower its 2018 earnings outlookDelta Air Lines, Inc. (NYSE:DAL) is seeing heavy trading today, following the company's second-quarter earnings release. Delta posted better-than-expected earnings for the quarter, and increased its dividend by 15%. On the other hand, the company had to lower its full-year profit outlook because of rising fuel prices. DAL shares are reacting to...Read More

Schaeffer's on CNBC: Fed Has the Power

July 12, 2018 / www.schaeffersresearch.com

Our senior V.P. of research explains how the Fed could help spark a breakoutSchaeffer's Senior V.P. of Research Todd Salamone made an appearance on CNBC's "Squawk Box" today, where he explained why he thinks the central bank could be the catalyst needed to help the S&P 500 break out above 2,800.To watch Todd's full remarks, click on the video player below. And to stay up to date with all of his ma...Read More

Standard: Central Banks Remain Gold Buyers; Indian Demand Picks Up

July 12, 2018 / www.kitco.com

Central banksremain noted gold buyers and there are signs of demand picking up in India,says Standard Chartered Bank. Gold prices have fallen lately, which the bankblames on U.S. dollar strength. “Physical demand will be key to tracking howsolid the floor for prices is, but in the seasonally slow period for demand, itwill likely be fragile,” Standard says. “The exception here is...Read More

Oil prices flat as IEA warns of output capacity limits

July 12, 2018 / www.kitco.com

LONDON (Reuters) - Oil prices steadied on Thursday after sharp losses the previous session as the International Energy Agency (IEA) said the world’s oil supply cushion “might be stretched to the limit” due to production losses.Benchmark Brent crude oil LCOc1 rose $1.70, or more than 2.3 percent, to a high of $75.10 a barrel before losing almost all its gains to trade at $73.60, u...Read More

Goldman Sachs Targets 25% Upside for Twitter Stock

July 12, 2018 / www.schaeffersresearch.com

MKM Partners also reiterated its "buy" rating on the social media nameShares of Twitter Inc (NYSE:TWTR) are up 2.6% to trade at $44.95, after Goldman Sachs lifted its price target on the social media stock to $55 from $40 -- a more than 25% premium to last night's close at $43.87. The brokerage firm said the company's efforts to delete fake accounts are "contributing to incremental ad dollars flow...Read More

U.S. inflation steadily firming; labor market strong

July 12, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. consumer prices barely rose in June, but the underlying trend continued to point to a steady buildup of inflation pressures that could keep the Federal Reserve on a path of gradual interest rate increases.Other data on Thursday showed first-time applications for unemployment benefits dropped to a two-month low last week as the labor market continues to tighten. The Fed...Read More

FREE MCX TIPS Mcx Zinc Intraday – BUY Zinc at CMP 177.10 Add more at price 176.30 for Target 178.0 – 178.80 with SL below price 175.90

July 12, 2018 / mcx.freetips.tips

Mcx Zinc Intraday – BUY Zinc at CMP 177.10 Add more at price 176.30 for Target 178.0 – 178.80 with SL below price 175.90 Read More

FREE MCX TIPS Aluminium Tips Today – SELL Aluminium Jul at CMP 142.30 for Target 140.90 – 140 with SL Above price 143.60

July 12, 2018 / mcx.freetips.tips

Aluminium Tips Today – SELL Aluminium Jul at CMP 142.30 for Target 140.90 – 140 with SL Above price 143.60 Read More

Harmony Gold Mining Company Ltd.: Fatality at Kusasalethu mine

July 12, 2018 / dlvr.it

10 Jul '18 Johannesburg, Tuesday, 10 July 2018. Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Kusasalethu mine in Carletonville this morning. An investigation into the accident is underway. Management express their deepest condolences to the deceased employee's family, friends and colleagues. [...]T...Read More

U.S. TIPS breakeven rates hold gains after June CPI data

July 12, 2018 / www.kitco.com

NEW YORK, July 12 (Reuters) - The U.S. bond market's gauges of investors' inflation outlook held at higher levels on Thursday as data showed domestic consumer prices barely increased in June but underlying trend signaled steady buildup in price pressure.At 8:42 a.m. (1242 GMT), the 10-year inflation breakeven rate, or the yield gap between 10-year Treasury Inflation Protected Securities and regula...Read More

Standard: Central Banks Remain Gold Buyers; Indian Demand Picks Up

July 12, 2018 / www.kitco.com

Central banks remain noted gold buyers and there are signs of demand picking up in India, says Standard Chartered Bank. Gold prices have fallen lately, which the bank blames on U.S. dollar strength. “Physical demand will be key to tracking how solid the floor for prices is, but in the seasonally slow period for demand, it will likely be fragile,” Standard says. “The exception her...Read More

China says industrial policies mainly serve as guidance, open to all

July 12, 2018 / www.kitco.com

HONG KONG (Reuters) - China’s commerce ministry said on Thursday industrial policies including “Made in China 2025” mainly serve as guidance under market conditions and they are open to all foreign firms.Made in China 2025 is the state-backed industrial policy that has provoked alarm in the West and is core to Washington’s complaints about the country’s technological...Read More

U.S. consumer prices barely rise in June

July 12, 2018 / www.kitco.com

WASHINGTON, (Reuters) - U.S. consumer prices barely rose in June, but the underlying trend continued to point to a steady buildup of inflation pressures that could keep the Federal Reserve on a path of gradual interest rate increases.The Labor Department said on Thursday its Consumer Price Index edged up 0.1 percent as gasoline price increases moderated and apparel prices fell. The CPI rose 0.2 pe...Read More

Deal Would Make Indonesia Majority Owner Of Grasberg Mine

July 12, 2018 / www.kitco.com

(Kitco News)- Indonesia’s government wouldbecome the majority owner of the giant Grasberg copper and gold mine in thecountry under non-binding agreements reached with mining giantsFreeport-McMoRan Inc. (NYSE: FCX) and Rio Tinto, the companies announcedThursday.Indonesian state-owned PTIndonesia Asahan Aluminium (Inalum) would pay $3.85 billion under the deal, RioTinto and Freeport said.Rio...Read More

Deal Would Make Indonesia Majority Owner Of Grasberg Mine

July 12, 2018 / www.kitco.com

(Kitco News) - Indonesia’s government would become the majority owner of the giant Grasberg copper and gold mine in the country under non-binding agreements reached with mining giants Freeport-McMoRan Inc. (NYSE: FCX) and Rio Tinto, the companies announced Thursday. Indonesian state-owned PT Indonesia Asahan Aluminium (Inalum) would pay $3.85 billion under the deal, Rio Tinto and Freeport s...Read More

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