Recent News

Markets watchful as fresh U.S. turmoil tests investors' nerves

March 16, 2018 / www.kitco.com

MILAN (Reuters) - World stocks wavered and the dollar eased on Friday as turmoil in the U.S. administration kept markets watchful at the end of a week scarred by concerns that U.S. tariffs could provoke a trade war.The MSCI All-Country World index .MIWD00000PUS, which tracks 47 countries, was flat after three straight sessions of losses and was set for a weekly fall of around 0.6 percent.European...Read More

U.S. hints at shift on Russia with sanctions and condemnation

March 16, 2018 / www.kitco.com

WASHINGTON (Reuters) - By imposing new sanctions on Russia and condemning a suspected Russian chemical attack in Britain, Washington has hinted at a tougher stance toward Moscow despite President Donald Trump’s stated desire for better ties.The U.S. Treasury slapped sanctions on 19 Russian citizens and five entities for election meddling and cyber attacks in the most significant steps the Un...Read More

UK might struggle to make planned spending cuts: Moody's

March 16, 2018 / www.kitco.com

LONDON (Reuters) - Ratings agency Moody’s said Britain’s government might struggle to make the kind of cuts to public spending it has announced as it seeks to keep narrowing its budget deficit.British finance minister Philip Hammond said on Wednesday that he was on track to report the country’s lowest budget shortfall since 2002 for the 2017/18 financial year, at 2.2 percent of g...Read More

Bitcoin Daily Chart Alert - Bears Back In Technical Control - Mar 16

March 16, 2018 / www.kitco.com

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

Trump Has Decided to Remove His National Security Adviser: Washington Post

March 16, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump has decided to replace his national security adviser, H.R. McMaster, but the move is not expected to be made immediately, the Washington Post reported on Thursday.Citing five people with knowledge of the plans, the Post said Trump was considering several possible replacements, including former U.S. Ambassador to the United Nations John Bolton and...Read More

Gold Or Silver? That Is The Question

March 16, 2018 / www.kitco.com

Investors often wonder what thebest precious-metal play is and which one will perform better over time. Themost popular is gold for any number of reasons. The jewelry is prettier, theprice is higher or simply we have been trained that gold is just better.From a pure numbers standpoint,the case should be made for silver as the best precious metal. The gold/silver ratio was designed at 15-1 but has...Read More

Gold Or Silver? That Is The Question

March 16, 2018 / www.kitco.com

Investors often wonder what the best precious-metal play is and which one will perform better over time. The most popular is gold for any number of reasons. The jewelry is prettier, the price is higher or simply we have been trained that gold is just better. From a pure numbers standpoint, the case should be made for silver as the best precious metal. The gold/silver ratio was designed at 15-1 but...Read More

How To Tap Into The Blockchain Movement

March 16, 2018 / www.schaeffersresearch.com

From Amazon, CVS, and AirBnB, early investment is the key to earning big.Any investor who wants to rake in big profits only really needs to know one thing:The biggest fortunes in the world right now are being made in technology.Take the following example:Amazon is now the world's third largest retailer, just behind Wal-Mart and CVS...Airbnb now offers more rooms than Hilton, InterContinental and M...Read More

De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine

March 16, 2018 / www.mining.com

Anglo American's De Beers, the world's largest rough diamond producer by value, and its partner in Gahcho Ku?(C) mine, Mountain Province, are seeking to acquire a Canadian explorer and so expand their jointed operation in Canada's far north.Toronto-based Kennady Diamonds (TSX-V:KDI) owns the Kennady North project, located immediately adjacent to the De Beers/Mountain Province mine.If the proposed...Read More

De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine

March 16, 2018 / www.mining.com

Anglo American's De Beers, the world's largest rough diamond producer by value, and its partner in Gahcho Ku?(C) mine, Mountain Province, are seeking to acquire a Canadian explorer and so expand their jointed operation in Canada's far north.Toronto-based Kennady Diamonds (TSX-V:KDI) owns the Kennady North project, located immediately adjacent to the De Beers/Mountain Province mine.If the proposed...Read More

This 'Gold Rush' Star Wants to Put Himself Out of Business

March 16, 2018 / dlvr.it

Entrepreneur picked the brain of gold miner Parker Schnabel, who has learned a lot about success and risk taking while digging in the dirt.Read full newsRead More

Gold bars worth over $300M fall from plane during takeoff in Russia

March 16, 2018 / dlvr.it

YAKUTSK, Russia - A fortune in gold and other precious metals fell from the sky as a plane took off from Yakutsk, Russia Thursday, according to local reports.Officials believe the latch on a plane door carrying at least 9 tons of pricey cargo gave way, allowing some of the gold to tumble out of the An-12 aircraft, according to the Tass news agency. Roughly 3.4 tons were found scattered across the...Read More

A plane's door flew open during takeoff, raining gold and silver over 16 miles of Siberia

March 16, 2018 / dlvr.it

A plane carrying tons of gold and silver scatters its cargo during and after takeoff from a Siberian airport.Read full newsRead More

Asanko Gold reports 4Q loss

March 16, 2018 / dlvr.it

VANCOUVER, British Columbia _ Asanko Gold Inc. on Thursday reported a loss of $7.1 million in its fourth quarter. The Vancouver, British Columbia- based company said it had a loss of 3 cents per share. For the year, the company reported net income of $6.1 million, or 3 cents per share, swinging to a profit in the period.Read full newsRead More

A Plane Filled With $368M Worth of Gold Just Spilled a Bunch of it Mid-Flight

March 16, 2018 / dlvr.it

Weather report: cloudy with a chance of gold.Read full newsRead More

Poland's KGHM targets rise in Chilean copper ore output

March 16, 2018 / www.mining.com

Polish copper producer KGHM said it expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18 percent next year from current levels.State-run KGHM acquired Chilean and Canadian copper deposits in 2011 when it bought Canada's Quadra FNX for $2 billion, the largest ever foreign acquisition by a Polish company.But a subsequent fall in copper prices and technical issues in sta...Read More

Poland's KGHM targets rise in Chilean copper ore output

March 16, 2018 / www.mining.com

Polish copper producer KGHM said it expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18 percent next year from current levels.State-run KGHM acquired Chilean and Canadian copper deposits in 2011 when it bought Canada's Quadra FNX for $2 billion, the largest ever foreign acquisition by a Polish company.But a subsequent fall in copper prices and technical issues in sta...Read More

Plane Carrying Tons of Gold And Silver Bars Loses Cargo During Takeoff

March 16, 2018 / dlvr.it

The gold and silver bars fell out of the plane after the hatch door broke during take off.Read full newsRead More

World's No. 1 copper miner Codelco made a $2.88 billion profit in 2017

March 16, 2018 / www.mining.com

Chile's Codelco, the world's top copper producer, reaped the benefit of climbing prices for the red metal last year even as production costs rose, and is ready to post a profit of $2.88 billion for 2017, the company's chairman has revealed.Speaking to investors and students at the Faculty of Economics and Business at the University of Chile, Oscar Landerretche said Thursday the preliminary results...Read More

Dow Rises 115 Points; S&P 500 and Nasdaq Slump - TheStreet

March 16, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average's rise on Thursday followed three straight lower sessions.Even with its slight decline on Thursday, the S&P 500 has risen more than 2% so far in 2018.The Nasdaq fell for its third-straight decline after a seven-session winning streak. Wall Street Overview Stocks were mixed on Thursday, March 15, as inves...Read More

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