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Gold's Best Day In 2 Years Sees 2.5 Percent Gain As Global Stocks Sell Off - This Week's Golden Nuggets

October 12, 2018 / news.goldseek.com

News, Commentary, Charts and Videos You May Have MissedHere is our Friday digest of the important news, commentary, charts and videos we were informed by this week.Market jitters and volatility have returned this week and the sell-off in US government bonds led to sharp falls on Wall Street centered on the very overvalued tech sector and the NASDAQ.(Bloomberg)Gold is 1.3% higher for the week as...Read More

It's been an underwhelming year for gold, but David Harquail, CEO of Franco-Nevada (TSX:FNV,NYSE:FNV), sees better...

October 12, 2018 / twitter.com

"It's been an underwhelming year for gold, but David Harquail, CEO of Franco-Nevada (TSX:FNV,NYSE:FNV), sees better times ahead for the yellow metal. https://t.co/bS4X34A2UY #preciousmetals #gold #investing"Read full newsRead More

Marijuana Stock IPO's Are On Fire: Add This Company To The List -- @NextGreenWave #NextGreenWave #Cannabis...

October 12, 2018 / twitter.com

"Marijuana Stock IPO's Are On Fire: Add This Company To The List -- @NextGreenWave #NextGreenWave #Cannabis #California #MakingWaves #MarijuanaStocks #CSE #BNN #MomentumStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC #NevadaRead the Article here: https://t.co/GEOzMJbZyw"Read full newsRead More

Gold Finishes Above Key Levels

October 12, 2018 / www.kitco.com

Gold had one of its most dynamic days yesterday as it opened below $1,200 per ounce and closed $30 higher, settling at $1,227 per ounce. Today gold prices have retreated slightly, giving back a measured portion of yesterday's gains. As of 4:35 PM Eastern standard time, gold futures are currently down $6.30, with the most active December Comex contract fixed at $1,221.30. Yesterday's strong uptic...Read More

Gold Finishes Above Key Levels

October 12, 2018 / www.kitco.com

Goldhad one of its most dynamic days yesterday as it opened below $1,200 per ounceand closed $30 higher, settling at $1,227 per ounce. Today gold prices haveretreated slightly, giving back a measured portion of yesterday's gains. As of 4:35 PM Eastern standard time, gold futures arecurrently down $6.30, with the most active December Comex contract fixed at $1,221.30. Yesterday'sstrong uptick and p...Read More

Cannabis Growth Opportunity Corporation Announces Milestone Event with Next Green Wave going Public October 10 2018...

October 12, 2018 / twitter.com

"Cannabis Growth Opportunity Corporation Announces Milestone Event with Next Green Wave going Public October 10 2018 #makingwaves #momentumstocks #potstocks $NGW $CGOC @NextGreenWave https://t.co/iCX8s6yhp4"Read full newsRead More

New corporate alliance aims to bring better efficiency and ethics to cobalt mining industr...

October 12, 2018 / www.mining.com

When Henrik Fisker joined First Cobalt's (TSX-V: FCC) board of directors in September, it was like a marriage of the minds between the global automotive design entrepreneur and the company's president and CEO, Trent Mell.Both Fisker and Mell are focused on providing cobalt to the American EV market efficiently, and also on maintaining stringent ethical mining practices.First Cobalt is operating do...Read More

New corporate alliance aims to bring better efficiency and ethics to cobalt mining industry

October 12, 2018 / www.mining.com

When Henrik Fisker joined First Cobalt's (TSX-V: FCC) board of directors in September, it was like a marriage of the minds between the global automotive design entrepreneur and the company's president and CEO, Trent Mell.Both Fisker and Mell are focused on providing cobalt to the American EV market efficiently, and also on maintaining stringent ethical mining practices.First Cobalt is operating do...Read More

Donlin gold mine needs to move a mountain. How close is that to happening?

October 12, 2018 / dlvr.it

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

Dow, Nasdaq Add Triple Digits as Volatile Week Wraps Up

October 12, 2018 / www.schaeffersresearch.com

Bank earnings drove early upside in today's sessionFollowing this week's brutal two-day sell-off, U.S. stocks managed to finish today comfortably higher. The Dow got an early boost from well-received JPMorgan earnings -- though the blue-chip bank erased its gains by the close -- and FAANG stocks also snapped back from their recent losses. However, sentiment remained skittish, with the major equity...Read More

The last week of September and the first week of October brought three major deals in the precious metals space, wi...

October 12, 2018 / twitter.com

"The last week of September and the first week of October brought three major deals in the precious metals space, with the biggest by far being the US$18.3-billion tie up of Barrick Gold and Randgold Resources. https://t.co/d7AsIn8nr6 #Resource #Investing #Gold"Read full newsRead More

Global stocks rebound but remain on track for weekly loss

October 12, 2018 / www.kitco.com

NEW YORK (Reuters) - Stock markets worldwide bounced back on Friday after a multi-day sell-off but remained on track for their biggest weekly losses in months, while U.S. Treasury yields inched higher and the dollar held its gains.Wall Street rose as investors returned to technology and other growth sectors, but gains were limited by ongoing worries about U.S.-China trade tensions and rising inter...Read More

Google tells U.S. lawmakers it is mulling options on China services

October 12, 2018 / www.kitco.com

WASHINGTON (Reuters) - Alphabet Inc’s (GOOGL.O) Google unit has told U.S. lawmakers it is considering “a variety of options” for offering additional services in China.The company has come under criticism after reports it is considering re-entering the Chinese search engine market and would agree to comply with China’s internet censorship and surveillance policies.In an Aug....Read More

Its time the medical industry advances to 2018! Read more about Diagnos and its AI Approach on Diabetic detection (...

October 12, 2018 / twitter.com

"Its time the medical industry advances to 2018! Read more about Diagnos and its AI Approach on Diabetic detection (which affects over 420m people) https://t.co/wuHrcWc3dc $ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #health #medicalAI $GOOG"Read full newsRead More

Wall St. supported by tech bounce after two-day slump

October 12, 2018 / www.kitco.com

(Reuters) - Wall Street rose on Friday after a bounce in technology and other high-growth stocks led a fight back from its worst two-day slide in eight months, while early gains from strong earnings of the biggest U.S. lenders faded.PNC Financial (PNC.N) led the losses among bank stocks with a 6.3 percent drop after the regional bank reported disappointing quarterly loan growth and said it expecte...Read More

Wells Fargo profit rises, cost cuts paying off

October 12, 2018 / www.kitco.com

(Reuters) - Wells Fargo & Co (WFC.N) posted a 32 percent jump in quarterly profit on Friday, as the bank made headway in its cost-cutting plan and worked to put past misdeeds behind it.Non-interest expenses in the third quarter fell 4.1 percent to $13.8 billion, in the first year-over-year decline this year.Wells Fargo, the fourth largest U.S. lender by assets, has vowed to chop billions of co...Read More

Wall St. supported by tech bounce after two-day slump

October 12, 2018 / www.kitco.com

(Reuters) - Wall Street rose on Friday after a bounce in technology and other high-growth stocks led a fight back from its worst two-day slide in eight months, while early gains from strong earnings of the biggest U.S. lenders faded.PNC Financial (PNC.N) led the losses among bank stocks with a 6.3 percent drop after the regional bank reported disappointing quarterly loan growth and said it expecte...Read More

Donlin gold mine needs to move a mountain. How close is that to happening?

October 12, 2018 / dlvr.it

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

Pot Stock Triples in a Month

October 12, 2018 / www.schaeffersresearch.com

Meanwhile, IOVA is rallying on a favorable FDA updateThe U.S. stock market rallied out of the gate, but was last seen down from its earlier highs. Three stocks making notables moves today are health-centered direct selling specialist Youngevity International Inc (NASDAQ:YGYI), biotech Iovance Biotherapeutics Inc (NASDAQ:IOVA), and financial concern PNC Financial Services Group Inc (NYSE:PNC). Her...Read More

Graphic: Most S&P 500 stocks are deep in correction territory

October 12, 2018 / www.kitco.com

SAN FRANCISCO (Reuters) - As Wall Street steadied on Friday after its worst two-day slide in eight months, the U.S. stock market remained fragile, with nearly three quarters of the S&P 500's .SPX components in correction territory, or worse.Following Wednesday and Thursday's 5-percent rout on the S&P 500, the leading benchmark index is down nearly 7 percent from its record high close on...Read More

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