Recent News

Democrats accuse Republicans of stalling on Trump administration records

March 15, 2018 / www.kitco.com

WASHINGTON (Reuters) - Democrats on a congressional oversight panel accused Republicans on Thursday of failing to insist that U.S. President Donald Trump’s administration comply with requests for records in an investigation of security clearance practices, use of private jets and private email accounts.Democrats said that at a committee meeting on Thursday, Republicans blocked requests that...Read More

White House says no decision on whether to sign U.S.-Taiwan travel bill

March 15, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump has not decided whether he will sign legislation that would allow U.S. officials to travel to Taiwan to meet with their Taiwanese counterparts, the White House said on Thursday.“A final decision hasn’t been made. We’ll keep you guys posted,” White House spokeswoman Sarah Sanders told reporters during a briefing.The legislation,...Read More

Dollar gains as traders await next week's Fed meeting

March 15, 2018 / www.kitco.com

NEW YORK (Reuters) - The dollar rose for a second straight session on Thursday as traders further trimmed short currency positions and braced for next week’s Federal Open Market Committee meeting at which the U.S. central bank is expected to raise interest rates for the first time this year.The dollar index, which measures the greenback against a basket of six other major currencies, was up...Read More

Randgold Resources's Kibali Mine Resigns from Congolese Chamber of Commerce

March 15, 2018 / www.4-traders.com

By Oliver GriffinRandgold Resources Ltd. said Thursday that its Kibali gold mine, which it owns with AngloGold Ashanti Ltd. (ANG.JO), has resigned from Federation des Entreprises du Congo, the Democratic Republic of Congo's chamber of commerce, with immediate effect. The gold miner said that the Kibali mine, accompanied by Glencore PLC Mutanda Mine, and China Molybdenum Co. Ltd.'s (>> company sh...Read More

New study rips into cobalt, lithium price bulls

March 15, 2018 / www.mining.com

At the end of February Morgan Stanley sent shares of lithium producers and explorers tumbling after the investment bank forecast a huge surplus in the market for the battery raw material in 2022, resulting in forecast prices nearly halving from today's levels.The negative assessment raised eyebrows in the industry with executives criticizing Morgan Stanley for vastly underestimating the rise in de...Read More

4 Asian ETFs Options Traders are Targeting

March 15, 2018 / www.schaeffersresearch.com

Global stocks have been volatile recentlyThe White House has created an endless stream of headlines for the U.S. stock market to react to lately, with President Donald Trump's steel and aluminum tariff plan sending the Dow slumping into the month of March. Traders also responded to signs of potential trade wars with the European Union (EU) and China, as well as reports a May meeting between Trump...Read More

Vernalis shares fall as the firm puts itself up for sale, CEO and CFO to depart in September

March 15, 2018 / www.proactiveinvestors.co.uk

Vernalis plc (LON:VER) shares fell 0.12% to 4.25p in early afternoon trading as the pharmaceutical company put itself up for sale and began winding down its US operations.The AIM-listed firm announced that as part of the strategic review, it has decided to seek offers for the company and will begin to wind down its US commercial business with immediate effect.In the period through to the end of Se...Read More

Are We Going to $1,120 or $1,510? No Matter What, Own Some Gold!

March 15, 2018 / www.fxstreet.com

Who will win: bulls or bears? The LBMA published its annual forecast survey for precious metals prices in 2018. Gold prices range from $1,120 to $1,510. Where is the price of the yellow metal headed? Summary of the Survey The views of about 30 analysts in the 2018 forecasts are strongly divergent. The average price of gold is projected to be $1,318, so it is expected to be around the current level...Read More

UK's CMC Markets Launches Cryptocurrency Trading

March 15, 2018 / www.kitco.com

(Reuters) - Online trading platform CMC Markets Plc said on Thursday it had launched contracts for differences (CFDs) and spreadbetting offerings for cryptocurrencies following significant interest from its users.CFDs and binary options are financial products that give an investor exposure to price movements in securities without actually owning the underlying assets such as a currency, commodity...Read More

U.S. Sanctions Russians For Meddling, But Puts Off Punishing Oligarchs

March 15, 2018 / www.kitco.com

Steve Holland, Doina ChiacuWASHINGTON (Reuters) - The United States slapped sanctions on Russian individuals and entities for U.S. election meddling and cyber attacks but put off targeting oligarchs and government officials close to President Vladimir Putin, prompting lawmakers in both parties to say President Donald Trump needs to do much more.With the United States under pressure to act, the act...Read More

Foot Bridge Collapses At Florida University, Several Killed: Reports

March 15, 2018 / www.kitco.com

(Reuters) - A pedestrian bridge spanning several lanes of traffic collapsed on Thursday at Florida International University in Miami-Dade County, trapping people and cars underneath the structure, with local media saying several people were killed.The bridge connects the university with the city of Sweetwater and was only opened days ago, CBS Miami reported. The channel showed footage of firefight...Read More

U.S. special counsel subpoenas Trump Organization for documents: NYT

March 15, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. Special Counsel Robert Mueller has subpoenaed the Trump Organization for documents, including some related to Russia, the New York Times reported on Thursday, citing two people briefed on the matter.U.S. stock prices fell on the report, with the S&P 500 reaching session lows, while the dollar slipped against the euro and yen and yields on U.S. government debt moved...Read More

Whistleblower says Walmart, eyeing Amazon, cheated on e-commerce

March 15, 2018 / www.kitco.com

(Reuters) - Walmart Inc (WMT.N) was sued on Thursday by a former executive who accused the largest U.S. retailer of ignoring problems he uncovered in its e-commerce business, amid growing pressure from Amazon.com Inc (AMZN.O), and firing him in retaliation for his complaints.The plaintiff, Tri Huynh of Washington state, is seeking a variety of damages in his whistleblower lawsuit with the U.S. Dis...Read More

Where Is Gold Headed Next Week? VOTE NOW!

March 15, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

Where Is Gold Headed Next Week? VOTE NOW!

March 15, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Blackrock Gold Closes Over-Subscribed Financing

March 15, 2018 / bit.ly

Blackrock Gold Corporation (TSXV: BRC) ('Blackrock' or the 'Company') is pleased to announce that it has closed the non?EUR'brokered private placement that was announced on February 2, 2018, and March 6, 2018. The private placement was originally intended to raise $800,000 and amended to raise $1,300,000.Read full newsRead More

Stocks Rally Every Time This Team Wins the NCAA Tourney

March 15, 2018 / www.schaeffersresearch.com

Why bulls may want to root for a 5 seed this yearMarch Madness is officially underway, with Round 1 games kicking off today. While many of us here at Schaeffer's are rooting for our hometown teams Xavier and University of Cincinnati, stock market bulls may want to root for a 5 seed this year, if history is any indicator. Below are S&P 500 Index (SPX) returns from April through December, depending...Read More

Sprott gold report: gold resilient despite market volatility

March 15, 2018 / www.mining.com

By Shree Kargutkar Volatility is backThe calm of equity markets across the world was rudely interrupted in February by a sudden spike in volatility which impacted virtually every asset class. Volatility across equities, bonds, currencies and commodities rose sharply during the month and remained elevated into March. For the month of February, gold equities declined 10.10%, while gold bullion fell...Read More

Top U.S., EU officials fix meeting next week on tariffs: EU source

March 15, 2018 / www.kitco.com

BRUSSELS (Reuters) - U.S. Commerce Secretary Wilbur Ross and European Trade Commissioner Cecilia Malmstrom have agreed to meet next week in an attempt to resolve a deepening dispute over trade tariffs, a European Commission source said on Thursday.Ross and Malmstrom spoke on the telephone on Thursday and discussed U.S. plans to impose import duties of 25 percent on steel and 10 percent on aluminum...Read More

RT @jczuleta: #Panasonic seems to have a life of its own outside the giga-factory in Nevada:

March 15, 2018 / electrek.co

Panasonic confirmed today that they started producing their first battery cells for electric cars in China.Read full newsRead More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok