European gold-backed exchange-traded funds added more than double the amount of tonnes that North American ones did in 2017, growing their assets by 13.9 percent, the World Gold Council said on Tuesday.Though North America contained more than half the amount of global exchange-traded fund holdings, European funds added the most to their gold-backed ETFs last year. The additional 148.6 tonnes were...Read More
A South African tribal leader has agreed to a more transparent structure for a 175 million rand ($14 million) community trust funded by Anglo American Platinum (Amplats), a move that aims to curb unrest around the firm's most profitable mine.The changes relate to the Mapela Trust, which was set up to fund development projects in communities around Amplats' Mogalakwena operation, the world's larges...Read More
Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting a falling dollar is supportive for metal prices.Read full newsRead More
OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain: the fleet of supertankers that shuttle fuel between continents.Read full newsRead More
Some of the smaller industry players also rose more than 75%. But is there still room to keep growing?Read full newsRead More
(The opinions expressed here are those of the author, a columnist for Reuters)Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Operatives will comb through each episode of every season of 'The Oprah Winfrey Show.'Read full newsRead More
If the cybersecurity provider can address a couple of shortcomings, it could prove to be a growth investor's dream stock.Read full newsRead More
TORONTO, ONTARIO--(Marketwired - Jan. 8, 2018) - Troilus Gold Corp. (TSX VENTURE:TLG) (Read full newsRead More
The gold miners have had two solid years of returns in a row. Despite the strong gains over the last 2 years - and the spirited finish to 2017 - bearishness is still quite high in the gold stock complex. The final part of this consolidation is wrapping up (or has already) and this sector is about to enter Phase 2 of the bull market. This still oversold reading in the gold stocks, in combination wi...Read More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Several big mining companies are bringing new projects online, while others will see production decline in the year ahead.Read full newsRead More
Photographer: Patrick T. Fallon/BloombergU.S. consumer credit outstanding rose in November by the most in 16 years as credit-card balances surged, Federal Reserve data showed Monday.Highlights of Consumer Credit (November)Total credit rose $28b (est. $18b) or at an 8.8% annualized rate after a $20.5b gainRevolving credit outstanding increased $11.2b, the most in a yearNon-revolving debt outstandin...Read More
Stanford's Hall calls Phillips Curve a 'terrible idea'Former Fed Vice Chair Fischer concedes it has less value nowBetting on the Pace of Fed Rate HikesMilton Friedman put a nail in the coffin of the original version of the Phillips Curve 50 years ago when he correctly foresaw that the U.S. could simultaneously suffer from high unemployment and lofty inflation. A growing number of economists are no...Read More
Stocks traded mixed on Monday, Jan. 8, but the S&P 500 and Nasdaq finished higher at new records as investors looked to extend the recent global market rally following the best start to a new year in more than a decade. The S&P 500 climbed 0.17%. Led by the tech sector, the Nasdaq traded up 0.29% after tumbling earlier. The Dow declined by 0.05%. U.S. stocks last week had&...Read More
Jack ChanPosted Jan 8, 2018GLD – on buy signal.***SLV – on buy signal.***GDX – on buy signal.***XGD.TO – on buy signal.***CEF – on buy signal.***GDXJ – on buy signal.***Speculation is in bull market values.Speculation recovered sharply from the lowest level in years.The breakdown on USDis supportive for overal higher metal prices.SummaryLong-term – on majo...Read More
Corporate earnings may dictate next direction for equitiesPound falters as premier May begins overhaul of ministersBloomberg Intelligence's Alison Williams previews earnings season for the banking sector.U.S. stocks rose for a fifth straight day, with technology shares bolstering major indexes, as investors continue to price in the impact of tax cuts before corporate earnings start later in the we...Read More
Stocks turned mixed on Monday, Jan. 8, as investors held back from extending the recent global market rally following the best start to a new year in more than a decade. The Dow Jones Industrial Average fell 57 points, or 0.2%, while the S&P 500 slipped 0.11%. The Nasdaq traded up slightly after tumbling earlier. The moves pared gains from earlier in the premarket session that ...Read More
U.S. equity futures slipped into negative territory Monday, while gains for European stocks eased, as investors held back from extending the recent global market rally following the best start to a new year in more than a decade. Contracts tied to the Dow Jones Industrial Average were marked 21 points, or 0.08%, to the downside while those tied to the S&P 500 were edged 5.25 points, or...Read More