Stock Articles

Rome vs Brussels, Will That Battle Benefit Gold?

Oct 23, 2018 12:40 / Staff reporter

Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal? Only One Notch Above Being Junk Italian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2...Read More

The fed, the dollar and precious metals

Oct. 23, 2018, 12:36 PM / Streetwise Reports

Maurice Jackson: Joining us for a conversation is Brien Lundin, the president of Jefferson Financial, helping to protect your world.Please tell us about Jefferson Financial and what type of services you provide.Brien Lundin: We are essentially a provider of investment information. We publish Gold Newsletter, which is the oldest precious metals advisory in the world, having been started by Jim...Read More

BTU Announces Initiation of Exploration Progam at Dixie South Contiguous with Great Bear's New High Grade Gold Disc...

Tue Oct 23 12:33:53 2018 / Staff reporter

"BTU Announces Initiation of Exploration Progam at Dixie South Contiguous with Great Bear's New High Grade Gold Discovery, District of Red Lake @BTUMetalsCorp https://t.co/fpozYRJebQ"Read full newsRead More

Kenya wins case against Cortec Mining on rare earths, niobium licence

Oct. 23, 2018, 12:32 PM / Reuters

Kenya has won a case against Cortec Mining Kenya Limited, Cortec (pty) Limited and Stirling Capital Limited over the revocation in 2013 of a licence for mining niobium and rare earth minerals, a court ruling made public on Tuesday showed.The decision could add to wariness about Kenya's nascent mining industry among investors already spooked by resource nationalism in neighbouring Tanzania, analyst...Read More

Winds Are Shifting, Gold To Hit $1,400 In 2019 - BAML

Tuesday October 23, 2018 12:22 / Kitco News

(Kitco News)- The gold market has suffered under the weight of rising U.S.interest rates and a stronger U.S. dollar, but one bank sees a shift coming asequity markets have seen increased selling pressure this this past month.Analysts at Bank of America Merrill Lynch (BAML) said that inthis current environment they see gold prices pushing to $1,400 an ounce by theend of 2019. Along with their long-...Read More

Winds Are Shifting, Gold To Hit $1,400 In 2019 - BAML

Oct 23 2018 12:22PM / Kitco News

(Kitco News) - The gold market has suffered under the weight of rising U.S. interest rates and a stronger U.S. dollar, but one bank sees a shift coming as equity markets have seen increased selling pressure this this past month.Analysts at Bank of America Merrill Lynch (BAML) said that in this current environment they see gold prices pushing to $1,400 an ounce by the end of 2019. Along with their...Read More

Caterpillar, 3M Earnings Drag Dow Below 25,000

Oct 23, 2018 12:13 PM / Patrick Martin

Trump's trade spat with China directly impacted CAT and MMM earningsIt's an ugly day on Wall Street, with the Dow Jones Industrial Average (DJI) down more than 400 points at midday and on track to breach the 25,000 level on a closing basis for the first time since July 12. Weighing on the blue-chip index are negative earnings reactions for Caterpillar (CAT) and 3M (MMM), with results for both firm...Read More

Oil down 3 percent as Saudi Arabia eases concerns, Wall Street drops

Tuesday October 23, 2018 12:05 / Kitco News

NEW YORK (Reuters) - Oil prices fell nearly 3 percent to more than one-month lows on Tuesday after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S. sanctions on Iran and as U.S. equity markets sold off.Brent crude futures LCOc1 dropped 2.8 percent, or $2.27, to $77.56 a barrel by 11:21 a.m. EDT (1521 GMT) after plunging to $77.50, the lowest since Sept....Read More

White House to press forward with Trump's Space Command

Tuesday October 23, 2018 12:05 / Kitco News

WASHINGTON (Reuters) - White House advisers on Tuesday are set to recommend that U.S. President Donald Trump’s planned U.S. Space Command develop ways for the military to operate in outer space, according to two administration officials briefed on the plans.The National Space Council, a White House advisory panel, will also recommend a review of existing treaty issues, and will unveil propos...Read More

Time to Make a Bullish Bet on Bouncing Hormel Stock

Oct 23, 2018 12:03 PM / Research Dept.

Near-term HRL options are pricing in low volatility expectations at the momentSpam producer Hormel Foods (NYSE:HRL) fell 5% in immediate aftermath of its late-August quarterly report, but quickly pivoted that same day and went on to gain more than 10% over the next few weeks. The stock is up 14.8% in 2018 and 36% year-over-year, with a recent pullback contained by its 40-day moving average. With t...Read More

CITIC goes after Palmer's Mineralogy over iron ore project claims

Oct. 23, 2018, 12:03 PM / Cecilia Jamasmie

China-owned conglomerate CITIC and subsidiaries Sino Iron and Korean Steel have launched legal proceedings in the Australian Federal Court against mining tycoon turned politician, Clive Palmer, and his private company, Mineralogy.The Chinese firms have vowed to vigorously defend against an action launched by Palmer's private company over environmental rehabilitation funds for the massive Sino Iron...Read More

CITIC goes after Palmer's Mineralogy over iron ore project claims

Oct. 23, 2018, 12:03 PM / Cecilia Jamasmie

China-owned conglomerate CITIC and subsidiaries Sino Iron and Korean Steel have launched legal proceedings in the Australian Federal Court against mining tycoon turned politician, Clive Palmer, and his private company, Mineralogy.The Chinese firms have vowed to vigorously defend against an action launched by Palmer's private company over environmental rehabilitation funds for the massive Sino Iron...Read More

Red Pine Drills 3.5 g/t Gold Over 32.8 Metres, Including 4.99 g/t Gold Over 17.6 Metres at its Wawa Gold Project...

Tue Oct 23 11:59:38 2018 / Staff reporter

"Red Pine Drills 3.5 g/t Gold Over 32.8 Metres, Including 4.99 g/t Gold Over 17.6 Metres at its Wawa Gold Project @RedPineExpl https://t.co/Irz5zZm3wy"Read full newsRead More

The stock market faces 'unlimited downside risk,' warns veteran trader

Oct 23, 2018 11:57 a.m. / Shawn Langlois

The stock market opened with a resounding thud on Tuesday morning, as the Dow Jones Industrial Average DJIA, -0.99% , at one point, had shed more than 500 points. The S&P 500 index SPX, -0.66% and the Nasdaq Composite COMP, -1.63% endured even harder hits, down more than 2% each. Read: Dow plunges amid corporate outlook, China selloff So, you must positioning yourself for that tasty bounc...Read More

Dow Tumbles 400 Points After 3M, Caterpillar Crash After Earnings | Zero Hedge

Tue Oct 23 11:55:14 2018 / Staff reporter

The earnings disappointments continue with CAT and 3M the latest to add to fears aboutRead full newsRead More

Wallbridge Intersects 37.91 g/t Gold Over 5.26 Metres and 21.00 g/t Gold Over 4.56 Metres @WMmining...

Tue Oct 23 11:53:32 2018 / Wallbridge Mining

"Wallbridge Intersects 37.91 g/t Gold Over 5.26 Metres and 21.00 g/t Gold Over 4.56 Metres @WMmining https://t.co/4VVxyd909h"Read full newsRead More

The Biotech Stock To Buy Now

Oct 23, 2018 11:49 AM / Raging Bull SPONSORED CONTENT

Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More

This Weed Stock Buy Signal Has Never Been Wrong

Oct 23, 2018 11:45 AM / Karee Venema

Short-term options premiums are relatively rich at the moment, thoughThe shares of Cronos Group Inc (NASDAQ:CRON) topped out at a record high of $15.30 on Sept. 19, as the cannabis craze gripped Wall Street. The weed stock has since retreated from this milestone, and following a quick pop higher last week ahead of Canada's legalization of recreational marijuana, is down 8.2% today to trade at $7.8...Read More

RT @keith__johnston: Dyson will build electric cars in Singapore for a 2021 launch

Tue Oct 23 11:41:08 2018 / Keith Johnston

The company is making fast progress on its expansion into automotive and wants to start manufacturing ASAP.Read full newsRead More

Tesla critic Citron makes U-turn ahead of results

Tuesday October 23, 2018 11:38 / Kitco News

(Reuters) - Tesla Inc (TSLA.O) shares rose 6 percent on Tuesday, after long-time critic and short-seller Citron Research had a change of heart on the company’s outlook, praising the success of the electric carmaker’s mass market Model 3 sedan.The firm lauded Tesla’s Model 3 in a research note, saying the sedan is a proven hit and many of the warning signs around the company have...Read More

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