Monday is Presidents Day, which for U.S. investors means a short four-day trading week. Today, I'll look at how stocks have historically performed after this holiday, and during shortened trading weeks in general. Finally, I'll highlight individual stocks that have performed especially well or terribly during the week of Presidents Day.Stocks During Presidents Day Week Presidents Day officially be...Read More
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
The platinum market is set for another surplus this year after recording oversupply of 110,000 ounces in 2017, Johnson Matthey said in a report on Wednesday, although its sister metal palladium is tipped to see another deficit.Platinum demand fell nearly 7 percent last year, with sharp falls seen in Japanese investment and Chinese jewellery buying as well as a slowdown in consumption by carmakers,...Read More
Mr. B. Matthew Hornor reportsMAPLE GOLD UPDATES DOUAY RESOURCE ESTIMATE, INCREASING CONTAINED OUNCES AND CONVERTING MORE THAN 450,000 OUNCES INTO INDICATED RESOURCES Maple Gold Mines Ltd. has provided an updated mineral resource estimate for the company's Douay gold project, as prepared by Micon International Ltd. The updated estimate includes additional drilling and assays from work completed dur...Read More
Mr. B. Matthew Hornor reportsMAPLE GOLD UPDATES DOUAY RESOURCE ESTIMATE, INCREASING CONTAINED OUNCES AND CONVERTING MORE THAN 450,000 OUNCES INTO INDICATED RESOURCES Maple Gold Mines Ltd. has provided an updated mineral resource estimate for the company's Douay gold project, as prepared by Micon International Ltd. The updated estimate includes additional drilling and assays from work completed dur...Read More
Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised ?500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana.The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share.Miner will begin expl...Read More
Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised ?500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana.The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share.Miner will begin expl...Read More
Gold held gains as the dollar slipped, with investors counting down the hours before key U.S. inflation data that may offer fresh clues on monetary tightening. Adding luster for the metal, filings showed billionaire hedge fund manager Ray Dalio increased holdings last quarter.Bullion for immediate delivery rose as much as 0.6 percent to $1,337.02 an ounce, the highest since Feb. 6, and was at $1,3...Read More
Shares in Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) were down almost 4.9% in New York premarket after reporting weaker than expected earnings for the three months to December and a 10% drop in revenue.The Vancouver, British Columbia-based company logged a profit of Cdn$700 million or Cdn$1.21 per share for the forth quarter of the year, compared to Cdn$9...Read More
Shares in Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) were down almost 4.9% in New York premarket after reporting weaker than expected earnings for the three months to December and a 10% drop in revenue.The Vancouver, British Columbia-based company logged a profit of Cdn$700 million or Cdn$1.21 per share for the forth quarter of the year, compared to Cdn$9...Read More
Shares in Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) were down almost 4.9% in New York premarket after reporting weaker than expected earnings for the three months to December and a 10% drop in revenue.The Vancouver, British Columbia-based company logged a profit of Cdn$700 million or Cdn$1.21 per share for the forth quarter of the year, compared to Cdn$9...Read More
Discovery is set to air a second season of Gold Rush: Parker's Trail - as Parker Schnabel, Rick Ness, Karla Ann and Steve Brown battle jaguars and piranhas to get gold in Guyana!Read full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
NEW YORK, NY / ACCESSWIRE / February 13, 2018 / Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE: HMY ) will be discussing their earnings results in their Q1 Earnings Call to be held on February 13, 2018 ...Read full newsRead More
Sen. Coons on Small Business, Trump's Budget Proposal, DACAOptimism among small companies in the U.S. rose more than forecast in January, fueled by a record number of owners who said now was a good time to expand, according to a National Federation of Independent Business survey released Tuesday.Highlights of Small-Business Optimism (January)Overall index rose by 2 points to 106.9 (est....Read More
Jack ChanPosted Feb 13, 2018GLD – on sell signal.***SLV – on sell signal.***GDX – on sell signal.***XGD.TO – on sell signal.***CEF – on sell signal.***GDXJ – on sell signal.***Speculation is in bull market values.Data is supportive for overall higher prices.This is a massive bottoming pattern four years in the making.SummaryLong term – on major buy signal....Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks posted their first three-day winning streak of 2018 as the Dow jumped 0.16% on Tuesday, the S&P 500 rose 0.26% and the Nasdaq popped 0.45%.Stocks gained about 3% Friday and Monday.Major gainers on Tuesday included GNC Holdings, up 17%, Under Armour, up 16% and AmerisourceBergen, which gained 9%. Wall Street Overview Stocks finished...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Markets have experienced a lot of volatility in February and investor anxiousness has grown along with it. Bank of America Merrill Lynch's (BAC) monthly fund manager survey showed a record month-to-month jump to 50% from 30% in the net percentage of investors who took out protection against a sharp fall in equity markets over the next three months. The survey also found that "allo...Read More
European markets and Wall Street futures were under pressure Tuesday, Feb. 13, despite a firmer session in Asia. Wall Street futures were down Tuesday as the dollar saw modest losses against most major currencies. The implied open for Dow Jones Industrial Average was 127 points to the downside at 7:39 am Eastern time while S&P 500 mini futures had lost 0.44% and the Nasdaq al...Read More