Recent News

Arianne Phosphate halted at 5:23 a.m. PT

October 23, 2018 / www.stockwatch.com

Arianne Phosphate Inc. has been halted at 5:23 a.m. PT on Oct. 23, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

Arianne Phosphate halted at 5:23 a.m. PT

October 23, 2018 / www.stockwatch.com

Arianne Phosphate Inc. has been halted at 5:23 a.m. PT on Oct. 23, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

Hecla 3Q Silver Output Declines But Meets Expectations

October 23, 2018 / www.kitco.com

(Kitco News)- Hecla Mining Co. (NYSE:HL) met its expectations for third-quarter output of 2.5 million silver ouncesand 72,995 gold ounces, the company said Tuesday.The preliminaryconsolidated silver output was a 24% decline from the same period of 2017, withoutput at the Greens Creek Mine falling by 467,899 ounces, which the companyblamed on lower ore grades and milled tonnage asa result of mine...Read More

U.S. Mint Report Points to Trouble

October 23, 2018 / www.schaeffersresearch.com

The bull market could be nearing its end, and a new panic is approaching.The U.S. Mint just issued a troubling report.It appears that sales of physical gold and silver are in full collapse.At the Mint, U.S. Gold Eagle coins sold through August have dropped 18% compared to last year.And sales of U.S. Silver Eagle coins fell a whopping 32.6% in August 2018 compared to August 2017.What exactly is go...Read More

Hecla 3Q Silver Output Declines But Meets Expectations

October 23, 2018 / www.kitco.com

(Kitco News) - Hecla Mining Co. (NYSE: HL) met its expectations for third-quarter output of 2.5 million silver ounces and 72,995 gold ounces, the company said Tuesday.The preliminary consolidated silver output was a 24% decline from the same period of 2017, with output at the Greens Creek Mine falling by 467,899 ounces, which the company blamed on lower ore grades and milled tonnage as a result o...Read More

Gold Prices Power To 3-Mo. High On Safe-Haven Demand

October 23, 2018 / www.kitco.com

(Kitco News) - Gold prices aresolidly higher and have hit a nearly three-month high in early U.S. tradingTuesday, boosted by safe-haven demand amid keener geopolitical uncertainty inthe marketplace. December gold futures were last up $17.20 an ounce at $1,241.70.December Comex silver was last up $0.223 at $14.805 an ounce. Buckleyour seat belts today, folks. Global stock markets were mostly lower...Read More

Bitcoin Daily Chart Alert - Quieter Market Tuesday Despite Global Equities Selling Off - Oct. 23

October 23, 2018 / www.kitco.com

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

Gold Prices Fighting To Break Out

October 23, 2018 / www.kitco.com

Here we go again. After two weeksof consolidation, gold is trying to break out to the upside, $13 higher and sittingat resistance. This action was expected; big breakouts are typical out of thecongestion pattern.The bigger question is where doesgold from here? The key level is now $1,240, as a break above brings $1,275into play. With the global tension and markets selling off, money is lookingfor...Read More

Gold Prices Fighting To Break Out

October 23, 2018 / www.kitco.com

Here we go again. After two weeks of consolidation, gold is trying to break out to the upside, $13 higher and sitting at resistance. This action was expected; big breakouts are typical out of the congestion pattern. The bigger question is where does gold from here? The key level is now $1,240, as a break above brings $1,275 into play. With the global tension and markets selling off, money is looki...Read More

Gold Remains Attractive

October 23, 2018 / www.kitco.com

(Kitco News)- Just returned from an investment conference in Bermuda,where the mood among some of the biggest names in the industry was definitelybullish. To be taken in context, most players in the metals space are generallyneutral in a worst-case scenario but almost always bullish albeit sometimeswith the caveat “if you are a long-term investor”. Metals dealers do not makemoney telli...Read More

Gold Remains Attractive

October 23, 2018 / www.kitco.com

(Kitco News) - Just returned from an investment conference in Bermuda, where the mood among some of the biggest names in the industry was definitely bullish. To be taken in context, most players in the metals space are generally neutral in a worst-case scenario but almost always bullish albeit sometimes with the caveat “if you are a long-term investor”. Metals dealers do not make money...Read More

RT @graemewearden: European shares hit 22-month low as a 'thick blanket of risk' shrouds markets

October 23, 2018 / www.theguardian.com

Worries about trade wars, Brexit, Italy's budget, China's economy and Saudi Arabia all blamed as shares declineRead full newsRead More

Behind-the-Scenes Trendline Props Up Saudi Arabia ETF

October 23, 2018 / www.schaeffersresearch.com

Under-the-radar moving averages can provide unexpected support on pullbacksThe disappearance of journalist Jamal Khashoggi has cast a distinctly unwelcome spotlight onto the Kingdom of Saudi Arabia, as the international community grapples with the political, economic, and moral implications of Khashoggi's fateful Oct. 2 visit to the Saudi consulate in Istanbul. While the U.S. has yet to respond fo...Read More

Caterpillar plummets after flagging tariffs-triggered high material costs

October 23, 2018 / www.mining.com

Shares in Caterpillar (NYSE: CAT), the world's no.1 heavy machinery maker, fell more than 7% in pre-market trading Tuesday, despite the company beating earnings estimates for the tenth time in a row.The stock lost as much as $9.76 by 8:48 a.m. EST, dropping to $118.95, after closing at $128.71 on Monday, the lowest so far this year. The drop followed the mining and construction equipment manufact...Read More

Caterpillar plummets after flagging tariffs-triggered high material costs

October 23, 2018 / www.mining.com

Shares in Caterpillar (NYSE: CAT), the world's no.1 heavy machinery maker, fell more than 7% in pre-market trading Tuesday, despite the company beating earnings estimates for the tenth time in a row.The stock lost as much as $9.76 by 8:48 a.m. EST, dropping to $118.95, after closing at $128.71 on Monday, the lowest so far this year. The drop followed the mining and construction equipment manufact...Read More

Caterpillar plummets after flagging tariffs-triggered high material costs

October 23, 2018 / www.mining.com

Shares in Caterpillar (NYSE: CAT), the world's no.1 heavy machinery maker, fell more than 7% in pre-market trading Tuesday, despite the company beating earnings estimates for the tenth time in a row.The stock lost as much as $9.76 by 8:48 a.m. EST, dropping to $118.95, after closing at $128.71 on Monday, the lowest so far this year. The drop followed the mining and construction equipment manufact...Read More

Caterpillar plummets after flagging tariffs-triggered high material costs

October 23, 2018 / www.mining.com

Shares in Caterpillar (NYSE: CAT), the world's no.1 heavy machinery maker, fell more than 7% in pre-market trading Tuesday, despite the company beating earnings estimates for the tenth time in a row.The stock lost as much as $9.76 by 8:48 a.m. EST, dropping to $118.95, after closing at $128.71 on Monday, the lowest so far this year. The drop followed the mining and construction equipment manufact...Read More

Caterpillar plummets after flagging tariffs-triggered high material costs

October 23, 2018 / www.mining.com

Shares in Caterpillar (NYSE: CAT), the world's no.1 heavy machinery maker, fell more than 7% in pre-market trading Tuesday, despite the company beating earnings estimates for the tenth time in a row.The stock lost as much as $9.76 by 8:48 a.m. EST, dropping to $118.95, after closing at $128.71 on Monday, the lowest so far this year. The drop followed the mining and construction equipment manufact...Read More

UPDATE 1-Sandvik rides order intake rise, sees stable automotive demand

October 23, 2018 / www.kitco.com

(Adds shares, details, background)STOCKHOLM, Oct 23 (Reuters) - Sweden's Sandvik said on Tuesday order intake had improved significantly andbroadly with stable activity also seen in an automotive industryhit by recent wobbles as it posted quarterly core earnings justahead of forecast.Worries over slowing global growth has hit the industrialstocks in recent months in the wake of weakening purchasin...Read More

Turkey's Erdogan says to continue cooperation with nationalist party

October 23, 2018 / www.kitco.com

ANKARA, Oct 23 (Reuters) - Turkey's ruling AK Party will notform an alliance with the nationalist party for the 2019 localelections, but cooperation between the two parties willcontinue, President Tayyip Erdogan said on Tuesday, after thenationalists pulled out of the alliance earlier.Erdogan's AK Party and the Nationalist Movement Party (MHP)formed an alliance ahead of June elections, but have si...Read More

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