General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021.Read full newsRead More
2017 started with so much promise for the frack sand industry, but somehow all the large players ended down more than 40%.Read full newsRead More
Brent touches $68.29 per barrel as US inventories drop, however, Iran says Opec is 'not keen' on an oil price riseRead full newsRead More
U.S. stocks continued to march higher, with all three major market indexes touching fresh record highs. Itmarks the first time since 2000 in which the Dow, S&P, and Nasdaq all touched a record high within the first six sessions of the year, as well as the first time ever that they have notched all-time highs in each of the first six sessions. This monumental day was guided by a rally in healthcare...Read More
(Kitco News)- The countdown begins - in one month athletes from around theworld will converge in Pyeongchang, South Korea to compete for their country’shonor and the coveted Olympic medals.In total, only about 50 ounces of gold was used to createall the gold medals that will be handed out.On its website, the International Olympic Committee saidthat the South Korean medals were designed by th...Read More
(Kitco News) - The countdown begins - in one month athletes from around the world will converge in Pyeongchang, South Korea to compete for their country’s honor and the coveted Olympic medals.In total, only about 50 ounces of gold was used to create all the gold medals that will be handed out.On its website, the International Olympic Committee said that the South Korean medals were designed...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 140 G/T AU OVER 5.0 METRES AT LYNX Osisko Mining Inc. hasprovided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt in Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and arou...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 140 G/T AU OVER 5.0 METRES AT LYNX Osisko Mining Inc. hasprovided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt in Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and arou...Read More
The odds of a rate hike at the next Bank of Canada meeting more than doubled after a blockbuster December jobs report, but Canada's best-performing preferred share fund isn't rushing to adjust its strategy.Read full newsRead More
Newrange Gold Corp. (TSX VENTURE: NRG) (OTC PINK: CMBPF) (FRANKFURT: X6C) ('Newrange' or the 'Company') is pleased to announce multiple new rock units favorable for hosting gold mineralization have been identified in the Merritt target area at the Company's 100% controlled Pamlico Project in western Nevada.Read full newsRead More
Gold correlates with the four big markets: the dollar, the USD/JPY ratio, Treasury rates, and inflation expectations (TIP).Gold is behaving oddly relative to three of these four markets.This fairly-odd behavior may signal a change in the gold market.In previous SA articles, we demonstrated how gold correlates to the four big markets: the dollar, the USD/JPY ratio, Treasury rates, and inflation exp...Read More
Gold's corrective drop continues on Tuesday. DXY sticks to daily gains above 92. US stocks extend their upside to fresh all-time highs. The XAU/USD pair started the second day of the week under pressure and dropped to a fresh 5-day low at $1308 in the early NA session. As of writing, the pair was trading at $1311, losing $9, or 0.7%, on the day. Heightened expectations of the Fed going for a...Read More
In early August, Sprint Corp (NYSE:S) lost its footing atop its formerly supportive 200-day moving average, and the shares have been struggling since -- a move only exacerbated by the telecom concern's cancelled merger with T-Mobile (TMUS) in early November. Today, S stock is down 0.5% to trade at $5.76, and some options traders have been bracing for even bigger losses.Taking a closer look at the...Read More
Gold's outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Read full newsRead More
Gold's outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Read full newsRead More
The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150 metric tons this year. The majority of the decline in U.S. gold demand is from the physical bar and coin sector that is down 56%...Read More
Switzerland's central bank said it expects to make a record profit of $55.2 billion in 2017, citing higher global equity and bond prices as well as a weaker Swiss franc.Read full newsRead More
The U.S. stock market is scaling record highs once again, as bank stocks surge ahead of the start of earnings season. A rally in healthcare shares is also lifting the broader equities indexes, with sickle cell specialist Global Blood Therapeutics Inc (NASDAQ:GBT), genetic testing name Illumina, Inc. (NASDAQ:ILMN), and chronic pain expert Pain Therapeutics, Inc. (NASDAQ:PTIE) all on the move. Here'...Read More
Canuc Resources Corporation (TSXV:CDA) ('Canuc' or the 'Company') is pleased to provide an update on exploration at the San Javier Silver-Gold Project in Sonora State, Mexico.Read full newsRead More
Vangold Mining Corp. (TSX:VAN, OTC:VGLDF) ('Vangold' or 'the Company'), is pleased to announce the initial diamond drilling program at its wholly-owned, El Pinguico Mine, located 10km from the City of Guanajuato, Mexico.Read full newsRead More