Mr. Darin Wagner reportsBALMORAL RESOURCES EXPLORATION UPDATEBalmoral Resources Ltd. has provided an update on the fall 2018 exploration program on its Detour Gold Trend project in Quebec, along with updates on activities on its other exploration properties in Ontario and Quebec, Canada. Grasset Ultramafic Complex Drill Program (Nickel-Copper-Cobalt-PGE)Drilling continues with two drills still act...Read More
Mr. Darin Wagner reportsBALMORAL RESOURCES EXPLORATION UPDATEBalmoral Resources Ltd. has provided an update on the fall 2018 exploration program on its Detour Gold Trend project in Quebec, along with updates on activities on its other exploration properties in Ontario and Quebec, Canada. Grasset Ultramafic Complex Drill Program (Nickel-Copper-Cobalt-PGE)Drilling continues with two drills still act...Read More
"Abandoned Canadian silver mines could boom again as battery demand prompts gold rush in cobalt --#CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #electriccar #battery #Momentumstocks #CBC #CBCNews @CBCNews --Read the CBC Article here: https://t.co/4RpMo37eTK"Read full newsRead More
"From a 50,000-feet viewpoint, we're probably in a global debt bubble," says Paul Tudor Jones, who is famous for making big macro calls. "Global debt to GDP is at an all-time high."The investor added that some "scary" moments may come in the corporate bond market.Jones also said the Trump administration's corporate tax cut from late last year could hurt investors down the road as the Federal Reser...Read More
Trade optimism also helped the DJI erase early gainsThe Dow traded in a range of more than 560 points on both sides of breakeven, but ultimately closed higher.J.P. Morgan Chase (JPM) stock shot higher after Warren Buffett's Berkshire took a stake, and blue-chip Cisco Systems (CSCO) rallied to the top of the Dow after an impressive earnings report. A rebound in Apple (AAPL) stock also lifted the te...Read More
Idrees Ali, Mike StoneWASHINGTON (Reuters) - The Pentagon has failed what is being called its first-ever comprehensive audit, a senior official said on Thursday, finding U.S. Defense Department accounting discrepancies that could take years to resolve.Results of the inspection - conducted by some 1,200 auditors and examining financial accounting on a wide range of spending including on weapons sys...Read More
Imani Moise(Reuters) - Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions.The layoffs are consistent with the bank’s previously announced plans to reduce headcount by up to 10 percent by 2020, spokesman Tom Goyda said. Wells Fargo, the No. 4 U.S. bank by a...Read More
David LawderWASHINGTON (Reuters) - U.S. automakers and parts suppliers on Thursday urged the Trump administration to end steel and aluminum tariffs on Mexico and Canada and warned that potential U.S. national security tariffs on automotive imports would lead to widespread job losses.In testimony at a U.S. International Trade Commission hearing on the deal to replace the North American Free Trade A...Read More
Jonathan SpicerNEW YORK (Reuters) - The Federal Reserve, under pressure from a critical White House even while it largely hits its targets of stable inflation and maximum employment, will conduct an extensive review next year of how it guides the world’s largest economy.The U.S. central bank said on Thursday it will hold a series of forums across the country to hear from a “wide range&...Read More
"Abandoned Canadian silver mines could boom again as battery demand prompts gold rush in cobalt -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #electriccar #battery #Momentumstocks #CBC #CBCNews @CBCNews--Read the CBC Article here: https://t.co/4RpMo37eTK"Read full newsRead More
Patricia Zengerle, Stephen KalinWASHINGTON/RIYADH (Reuters) - The United States imposed economic sanctions on 17 Saudi officials on Thursday for their role in the killing of journalist Jamal Khashoggi, as Saudi Arabia’s public prosecutor sought the death penalty for five suspects in the murder.The U.S. Treasury Department sanctions were the first concrete response by the Trump administration...Read More
WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer has told some industry executives that another round of tariffs on Chinese imports has been put on hold as the two nations pursue talks, the Financial Times reported on Thursday, citing an unnamed person familiar with the situation.U.S. President Donald Trump has already imposed tariffs on $250 billion of Chinese imports into the U...Read More
WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer has told some industry executives that another round of tariffs on Chinese imports has been put on hold as the two nations pursue talks, the Financial Times reported on Thursday, citing an unnamed person familiar with the situation.U.S. President Donald Trump has already imposed tariffs on $250 billion of Chinese imports into the U...Read More
(Kitco News)- The digitalcurrency market is attracting new attention of the wrong kind as marketanalysts warn that they see further declines in the near-term as the newdowntrend picks up momentum.Bitcoin,the leader in the cryptocurrency sector, has fallen further below the $6,000level as it trades near its lowest level in 13 months. According to Kitco.comaggregated charts, bitcoin last traded at 5...Read More
(Kitco News) - The digital currency market is attracting new attention of the wrong kind as market analysts warn that they see further declines in the near-term as the new downtrend picks up momentum.Bitcoin, the leader in the cryptocurrency sector, has fallen further below the $6,000 level as it trades near its lowest level in 13 months. According to Kitco.com aggregated charts, bitcoin last trad...Read More
(Reuters) - The U.S. Federal Reserve should hold off on raising interest rates to allow more workers to get jobs, adding that the central bank can always raise rates to head off inflation if it starts to rise too fast, Minneapolis Fed President Neel Kashkari said on Thursday.Speaking at the Minnesota Ag and Food Summit, Kashkari said he sees no signs of overheating yet, or of inflation taking off....Read More
(Reuters) - The U.S. Federal Reserve should hold off on raising interest rates to allow more workers to get jobs, adding that the central bank can always raise rates to head off inflation if it starts to rise too fast, Minneapolis Fed President Neel Kashkari said on Thursday.Speaking at the Minnesota Ag and Food Summit, Kashkari said he sees no signs of overheating yet, or of inflation taking off....Read More
"#CannabisStocks may be going through a correction, but this #LasVegas #Marijuana convention reflects aRead full newsRead More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
"With less than two months left in 2018, are there still opportunities for resource investors to make money? According to Byron King, editor of Rickards' Gold Speculator, the answer is "yes." https://t.co/9NAMF2F1nd #gold #copper #investing"Read full newsRead More