Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
LONDON (Reuters) - Investors watching the trade tit-for-tat between the United States and China may well have reason to fear the havoc a full blown conflict between the world’s two biggest economies could wreak on the global economy.A model by economists at Pictet Asset Management in London reckons a 10 percent tariff on U.S. trade fully passed on to the consumer could tip the global economy...Read More
Nigeria will offer a 12.7-billion naira ($41.6-million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday, adding both foreign and local firms were encouraged to participate. Nigeria's economy, one of Africa's largest, has been built largely on its rich crude oil reserves, leaving other sectors to stagnate. In an attempt to di...Read More
Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Dalradian Resources Inc, Torex Gold Resources Inc. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
This is the highest grade intercept reported from the project in more than 30 years of exploration.Read full newsRead More
The company is in the process of developing its third West African gold mine.Read full newsRead More
Bitcoin Gold (BTG) Hard Fork Implements New Mining AlgorithmRead full newsRead More
Parts of the West have been undergoing stratospheric growth and the Front Range of Colorado is no exception.Read full newsRead More
Here are 3 reasons you should pay attention to this gold stock now.Read full newsRead More
Gold had a nice bounce on Tuesday, pushing as high as $1,258 before seeing a little selling pressure but still managing to close at $1,253. On Wednesday with the markets closed for Independence Day, gold got to $1,263 in the Globex session. The real question - is this a dead-cat bounce or has gold bottomed? The next couple of days will give us the answers we are looking for. If gold fails from her...Read More
World's second largest miner Rio Tinto (ASX, LON:RIO) said its recent decision to consolidate the sales and marketing teams in London and other European countries into one located in Frankfurt, Germany, had less to do with Brexit than with "synergies."In an interview with Australian Financial Review (subs. needed), chief executive Jean-S?(C)bastien Jacques said the plan was part of a wider reorga...Read More
Gold had a nice bounce on Tuesday,pushing as high as $1,258 before seeing a little selling pressure but stillmanaging to close at $1,253. On Wednesday with the markets closed forIndependence Day, gold got to $1,263 in the Globex session.The real question - is this adead-cat bounce or has gold bottomed? The next couple of days will give us theanswers we are looking for. If gold fails from here, the...Read More
World's second largest miner Rio Tinto (ASX, LON:RIO) said its recent decision to consolidate the sales and marketing teams in London and other European countries into one located in Frankfurt, Germany, had less to do with Brexit than with "synergies."In an interview with Australian Financial Review (subs. needed), chief executive Jean-S?(C)bastien Jacques said the plan was part of a wider reorga...Read More
World's second largest miner Rio Tinto (ASX, LON:RIO) said its recent decision to consolidate the sales and marketing teams in London and other European countries into one located in Frankfurt, Germany, had less to do with Brexit than with "synergies."In an interview with Australian Financial Review (subs. needed), chief executive Jean-S?(C)bastien Jacques said the plan was part of a wider reorga...Read More
World's second largest miner Rio Tinto (ASX, LON:RIO) said its recent decision to consolidate the sales and marketing teams in London and other European countries into one located in Frankfurt, Germany, had less to do with Brexit than with "synergies."In an interview with Australian Financial Review (subs. needed), chief executive Jean-S?(C)bastien Jacques said the plan was part of a wider reorga...Read More
Gold has fallen to a yearly low, as it lost around 4% in June itself (end-of period prices), contrasting sharply with the above $13000/oz. price performance in the early part of the year, points out the research team at NAB. Key Quotes “A stronger US dollar and a contractionary monetary policy stance by the US Federal Reserve (Fed) have been key drivers of this weakness.” “Invest...Read More
Gold spot ($) The bias remains bullish. Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1254.00 Our preference Long positions above 1254.00 with targets at 1258.00 & 1261.00 in extension. Alternative scenario Below 1254.00 look for further downside with 1250.00 & 1245.00 as targets. Comment The RSI lacks upward momentum. Silve...Read More
Parts of the West have been undergoing stratospheric growth and the Front Range of Colorado is no exception.Read full newsRead More
Ugly action in Asian trading hours.A break below $16.Silver has outperformed gold.Is silver waiting for an elevator?Things could get ugly if gold makes a lower low.The silver market has been relatively calm in 2018. The rallies have taken the stairs to the upside, and even the most recent elevator ride lower on June 15 did not create too much havoc. The move that took September COMEX silver future...Read More
South African mines that are on care and maintenance are bad for the economy and the issue is being raised with the Minerals Council, Mineral Resources Minister Gwede Mantashe said.The Department of Minerals and Energy has been to 11 mining areas to obtain feedback on the mining charter, Mantashe said at the opening of Sasol Ltd.'s Shondoni Colliery in Secunda in Mpumalanga province.The government...Read More