* 10-year Treasuries and Bunds remain pinned to Friday’s highs* Risk appetite improves after more stable equity sessions* Reports of TLTRO extension lead to early dip in core yields* (Updates pricing, recasts to reflect improved market sentiment, adds quote)By Virginia FurnessLONDON, Nov 5 (Reuters) - Italian government bond yields rose 5-10 basis points on Monday before a euro zone finance...Read More
SEATTLE (Thomson Reuters Foundation) - As the commercial fishermen who ply salmon-rich, southwestern Alaska pack away their fishing gear for the winter, many are watching anxiously as a controversial mine proposal moves through the federal permitting process.On Tuesday, Alaskans will vote on an initiative that, if passed, would set stricter regulations for proposed infrastructure projects that aff...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
(Kitco News) - Gold and silver prices are moderately lower in early U.S. trading Monday, as whatwill likely be a very active trading week gets under way. December gold futures were last down $4.30 an ounce at $1,228.90. December Comex silver was last down$0.131 at $14.625 an ounce. Globalstock markets were mixed overnight, with European shares mostly firmer andAsian shares mostly weaker. U.S. sto...Read More
"Die ultra-expansive Geldpolitik der #Notenbanken neigt sich in 2018 vorerst zu Ende. Es laufen bereits die Wetten, wie lange der Markt ohne gro??e Liquidit??tsspritzenRead full newsRead More
"Die ultra-expansive Geldpolitik der Notenbanken neigt sich in 2018 vorerst zu Ende. Es laufen bereits die Wetten, wie lange der Markt ohne gro??e Liquidit??tsspritzenRead full newsRead More
(Kitco News)- Gold has bounced in a $20 range since the end of October.Discounting the drop on Oct. 31, which webelieve was fund selling to grab some profits for client-statement purposes to offset losses in the equity space, goldhas remained in a very tight range. Good economic numbers on Friday helped tostrengthen the dollar, but gold remained resilient into the weekend. Thetechnical picture rem...Read More
Polls suggest Congress may be split after Tuesday’s midterm elections,but then a “split Congress is the favored outcome for markets,” says BrownBrothers Harriman. Analysts note that the popular 538 Website shows Democrats have a sixin seven (85.2%) chance of winning control of the House of Representatives,while Republicans have a five in six (84.2%) chance of keeping the Senate.&...Read More
(Kitco News) - Gold has bounced in a $20 range since the end of October. Discounting the drop on Oct. 31, which we believe was fund selling to grab some profits for client-statement purposes to offset losses in the equity space, gold has remained in a very tight range. Good economic numbers on Friday helped to strengthen the dollar, but gold remained resilient into the weekend. The technical pictu...Read More
WASHINGTON/DUBAI (Reuters) - Iran said it would defy U.S. sanctions reimposed on it by Washington on Monday, denouncing as “economic war” the U.S. attempt to curb Tehran’s missile and nuclear programs and weaken its influence in the Middle East.The U.S. move restores sanctions lifted under a 2015 nuclear deal negotiated by the administration of President Barack Obama and five oth...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
Despite additional easing and a 403.5 billion yuan 1-year maturity MLF operation, yuan is tumbling along with China (and Hong Kong stocks) following an ugly Caixin Composite PMI print (the weakest since June 2016).Read full newsRead More
SHANGHAI (Reuters) - Chinese President Xi Jinping promised on Monday to lower tariffs, broaden market access and import more from overseas at the start of a trade expo designed to demonstrate goodwill amid mounting frictions with the United States and others.The Nov. 5-10 China International Import Expo, or CIIE, brings thousands of foreign companies together with Chinese buyers in a bid to demons...Read More
CoT large speculators are in a rare net long position on VIX futures, which means volatility could decline"'At some point, maybe now, this 200-day breach will signal bearish activity to come. But there have been many 'false negatives' along the way too in which the break of this trendline occurred around major lows.'"...That said, there is often a volatile, choppy phase that equity markets endure...Read More
Spearmint Resources (CSE:SPMT) started operations on its Chibougamau Vanadium Prospects located in Quebec, in the direct vicinity of the vanadium deposit of BlackRock Metal's Ilmenite project and Vanadium One Energy's Mont Sorcier project.Chibougamau is comprised of four separate claim blocks totalling 9,735-acres, near Lac Chibougamau in the northern region of the French-speaking province."As the...Read More
Lara Exploration (TSXV: LRA) and Capstone Mining Corp (TSE: CS) signed a Letter of Intent granting the latter an exclusive option to earn up to a 70% interest in the Lara's Planalto Copper Project.Planalto is a 4,726-hectare property located in the Caraj??s Province of northern Brazi, near Vale's Sossego copper mine and Oz Minerals Antas copper mine. The exploration licenses cover meta-volcano-sed...Read More
Canada's Barrick Gold (TSX, NYSE:ABX), which last month announced it was buying Randgold Resources (LON:RRS) in a $6.1-billion deal, is said to have resumed talks with rival Newmont Mining (NYSE:NEM) aimed at merging their gold operations in Nevada, US."They have been trying to negotiate for years but Newmont couldn't agree with Barrick, now that you have a new management team, it's certain they...Read More
Lara Exploration (TSXV: LRA) and Capstone Mining Corp (TSE: CS) signed a Letter of Intent granting the latter an exclusive option to earn up to a 70% interest in the Lara's Planalto Copper Project.Planalto is a 4,726-hectare property located in the Caraj??s Province of northern Brazi, near Vale's Sossego copper mine and Oz Minerals Antas copper mine. The exploration licenses cover meta-volcano-sed...Read More
Lara Exploration (TSXV: LRA) and Capstone Mining Corp (TSE: CS) signed a Letter of Intent granting the latter an exclusive option to earn up to a 70% interest in the Lara's Planalto Copper Project.Planalto is a 4,726-hectare property located in the Caraj??s Province of northern Brazi, near Vale's Sossego copper mine and Oz Minerals Antas copper mine. The exploration licenses cover meta-volcano-sed...Read More
Canada's Barrick Gold (TSX, NYSE:ABX), which last month announced it was buying Randgold Resources (LON:RRS) in a $6.1-billion deal, is said to have resumed talks with rival Newmont Mining (NYSE:NEM) aimed at merging their gold operations in Nevada, US."They have been trying to negotiate for years but Newmont couldn't agree with Barrick, now that you have a new management team, it's certain they...Read More