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
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
* Euro falls briefly on Merkel report * Dollar near 10-week high * Major currencies stick to tight ranges * Yen strengthens as investors seek safety from equitylosses * Graphic: World FX rates in 2018 (Recasts with Merkel report, adds quote, updates prices)By Tom FinnLONDON, Oct 29 (Reuters) - The euro briefly weakened onMonday after a report that German Chancellor Angela Merkel willnot seek re-el...Read More
BERLIN (Reuters) - German Chancellor Angela Merkel told leaders of her conservatives on Monday that she will not seek re-election as party chairwoman, senior party sources said, heralding the end of a 13-year era in which she has dominated European politics.Merkel, 64, has been chairwoman of her conservative Christian Democrats (CDU) since 2000 and chancellor since 2005. Party sources said Merkel...Read More
According to the latest Reuters poll, analysts and traders have made downwards revisions to their average gold price forecasts for this year and 2019, in response to the August sell-off to 19-month lows. Key Findings: “Spot gold will average $1,273 an ounce in 2018 and $1,300 in 2019, according to the poll of 39 analysts and traders conducted this month. That compares with predictions in a s...Read More
Rockcliff Metals (TSX.V: RCLF) announced that it is about to kick off a first phase drill program on its high-grade Laguna Gold property located in Snow Lake, Manitoba.The Laguna Gold Property hosts the past producing Rex-Laguna Mine that was Manitoba's first and highest-grade gold mine. The 2,500-metre drill program marks the first drill program on the property in over 70 years.In a press release...Read More
(Recasts and updates with closing prices)By Pratima DesaiLONDON, Oct 29 (Reuters) - Copper prices steadied on Mondaywith support from shortages created by tumbling inventories onthe London Metal Exchange countering concern over growth anddemand because of the U.S.-China trade dispute.Benchmark copper on the LME ended unchanged at$6,160 a tonne, having touched a session high of $6,240."Copper...Read More
Rockcliff Metals (TSX.V: RCLF) announced that it is about to kick off a first phase drill program on its high-grade Laguna Gold property located in Snow Lake, Manitoba.The Laguna Gold Property hosts the past producing Rex-Laguna Mine that was Manitoba's first and highest-grade gold mine. The 2,500-metre drill program marks the first drill program on the property in over 70 years.In a press release...Read More
Rockcliff Metals (TSX.V: RCLF) announced that it is about to kick off a first phase drill program on its high-grade Laguna Gold property located in Snow Lake, Manitoba.The Laguna Gold Property hosts the past producing Rex-Laguna Mine that was Manitoba's first and highest-grade gold mine. The 2,500-metre drill program marks the first drill program on the property in over 70 years.In a press release...Read More
Rockcliff Metals (TSX.V: RCLF) announced that it is about to kick off a first phase drill program on its high-grade Laguna Gold property located in Snow Lake, Manitoba.The Laguna Gold Property hosts the past producing Rex-Laguna Mine that was Manitoba's first and highest-grade gold mine. The 2,500-metre drill program marks the first drill program on the property in over 70 years.In a press release...Read More
* Merkel won't seek re-election as party head- source * German bond yields rise, underperform EZ peers * Italian yields fall to almost one-month lows * S&P leaves Italy's ratings unchanged, lowers outlook (Updates prices)By Dhara RanasingheLONDON, Oct 29 (Reuters) - German bond yields rose on Mondayafter Chancellor Angela Merkel said she would not seekre-election as party chairwoman and that h...Read More
* Dollar index near 10-week peak, stocks up * Net short position in gold smallest since mid-July-CFTC * GRAPHIC-2018 asset returns: (Updates throughout, adds quotes, prices)By Swati VermaBENGALURU, Oct 29 (Reuters) - Gold eased on Monday, afterhitting a more than three-month peak in the previous session, asthe dollar strengthened and stocks moved into positiveterritory. Spot gold was down 0.2 perc...Read More
Enforcer Gold Corp (TSX-V: VEIN) announced that it plans to complete a non-brokered private placement of up to $1.5 million and acquire a property in the historic mining community of Red Lake, on top of issuing a share consolidation.The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake, the third largest gold camp i...Read More
Enforcer Gold Corp (TSX-V: VEIN) announced that it plans to complete a non-brokered private placement of up to $1.5 million and acquire a property in the historic mining community of Red Lake, on top of issuing a share consolidation.The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake, the third largest gold camp i...Read More
Enforcer Gold Corp (TSX-V: VEIN) announced that it plans to complete a non-brokered private placement of up to $1.5 million and acquire a property in the historic mining community of Red Lake, on top of issuing a share consolidation.The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake, the third largest gold camp i...Read More
Enforcer Gold Corp (TSX-V: VEIN) announced that it plans to complete a non-brokered private placement of up to $1.5 million and acquire a property in the historic mining community of Red Lake, on top of issuing a share consolidation.The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake, the third largest gold camp i...Read More
Enforcer Gold Corp (TSX-V: VEIN) announced that it plans to complete a non-brokered private placement of up to $1.5 million and acquire a property in the historic mining community of Red Lake, on top of issuing a share consolidation.The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake, the third largest gold camp i...Read More
The ratio has been around for thousands of years.The argument for watching the ratio.The argument against watching the price relationship between gold and silver.Extensions in markets can lead to volatility.Leveraged ETN products in silver turbocharge results but do not sit on them for too long.Gold and silver prices had a rough summer season. After trading to a high of $1365.40 on the continuous...Read More
World's No.1 diamond producer by output Alrosa (MCX:ALRS) has joined rival De Beers' end-to-end diamond blockchain program, aimed at clearing the supply chain of imposters and conflict precious rocks.Anglo American's De Beers, the largest diamond miner by value, began developing its "Tracr" tracking platform last year, but officially launched a pilot program to test the technology in January.With...Read More
World's No.1 diamond producer by output Alrosa (MCX:ALRS) has joined rival De Beers' end-to-end diamond blockchain program, aimed at clearing the supply chain of imposters and conflict precious rocks.Anglo American's De Beers, the largest diamond miner by value, began developing its "Tracr" tracking platform last year, but officially launched a pilot program to test the technology in January.With...Read More