Gold prices tumbled as the White House announced a list of tariffs on China that totals $200 billion. The list of 10% tariffs on $200 billion in Chinese goods, as the president’s recent threats to escalate a broadening trade war with Beijing came to fruition. A break of the July lows at 1,238 would lead […]
Here's a glimpse of what Samsung could reveal during its Unpacked event on
Indonesia is set to announce later on Thursday the details of a deal to acquire a majority stake in the local unit of U.S. copper miner Freeport McMoRan Inc, a source with knowledge of the matter said. The announcement is expected to include the share price, share holding and structure of the deal, which would […]
Speaking at a blockchain conference in Morocco, Google co-founder Sergey Brin said that he’s been mining ethereum with his son. Google co-founder Sergey Brin and his son have been mining ethereum. At a blockchain conference hosted by Sir Richard Branson in Morocco, Brin, dressed in a white caftan, appeared on a panel to discuss the […]
Sergey Brin, President of Google’s parent company Alphabet Inc., appeared on the panel on emerging technologies at the ongoing Blockchain Summit in Morroco. At his last-minute surprise appearance at the summit, Brin revealed that he is mining Ethereum with his 10-year old son. He also stated that the concept of zero-knowledge proofs is “really mind-boggling”.
AMD has shifted its strategic gaze from crypto mining to stealing market share in traditional server and gaming systems instead.
No place tells the story of America’s coal markets better than West Virginia right now. According to U.S. government estimates released Thursday, mining in the northern half of the Mountain State — the part known for its bounty of thermal coal, used to fuel U.S. power plants — slid 7 percent in the first half […]
Here are 3 reasons you should pay attention to this gold stock now.
These gold stocks are getting darn cheap, but only one is worth a look.
Indonesia’s state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government officials said on Saturday. Situated in Indonesia’s eastern-most province of Papua, Grasberg, the world’s second-largest copper mine, is owned and operated by Freeport Indonesia (PTFI), a subsidiary of U.S.-based […]
Richard Harrison was the co-owner of the pawn shop featured on the show along with his son. In 1981, he and his son opened Gold & Silver Coin Shop in a 300 square foot shop at 1501 Las Vegas Boulevard. The business’s lease expired in 1988, followed by the creation of the World Famous Gold & […]
Chia-Lin Simmons is a seasoned veteran in Silicon Valley’s tech sphere, with more than 20 years of experience at tech giants like Google and Amazon’s Audible. Simmons is the founder of a new startup called LookyLoo, which will launch its first product later this year: an AI-powered social platform that helps women find the right […]
Traders in Tehran’s Grand Bazaar shut their stores to protest rising prices and the weakening of Iran’s currency, official news agencies reported, as Iranian officials took action to allay concerns that an economic crisis was looming. Retailers and gold sellers kept away from the bazaar to gather at main meeting places, according to the semi-official […]
President Donald Trump’s proposed “Space Force” could help fuel the $1 trillion intergalactic economy, Morgan Stanley says. If President Donald Trump successfully organizes his so-called Space Force, it could speed up investment in what Morgan Stanley sees as the next trillion-dollar economy. Morgan Stanley has already identified 20 stocks staking their place in the space […]
Gold markets broke down significantly during the trading session on Friday, as people start running towards US treasuries in the face of a potential trade war. It’s likely that we will continue to see a lot of volatility in this market, but what’s more telling is the fact that we have broken through a major […]
Aldi whiskey is winning awards again, despite costing less than the competition. The recent Spirits Business Scotch Whisky Masters saw two Alid whiskey brands walk away with gold medals. The two whiskies that won these medals are the Highland Black Scotch Whisky and the Islay Single Malt Scotch Whisky.
Goldman Sachs Group Inc. reckons Brazil will win its sixth World Cup, basing its forecast on data mining, machine learning and econometrics. It used 200,000 statistical models, sifted data on individual players and recent team performance and ran 1 million simulations of the tournament. As a result, it predicts that Brazil will lift the trophy […]
Canada’s Goldcorp said on Monday an ongoing protest blocking entry to its Penasquito mine, one of Mexico’s biggest gold producers, could force the company to halt output. The mine, in northern Zacatecas state, produced 476,000 ounces of gold last year, comprising 18 percent of Goldcorp’s total production and generating more than 33 percent of its […]
The world's largest producer of bitcoin mining chips, Bitmain Technologies, might be considering going public.Bitmain's founder, the cryptocurrency billionaire Jihan Wu, told Bloomberg that Bitmain was considering an initial public offering as it expands into producing hardware for artificial-intelligence computing.
Despite similar growth prospects, there’s a wide gap between the valuations of these two gold mining stocks.
President Donald Trump tweeted early on Friday that he was “looking forward” to the May jobs report, which he had access to the night before. Gold extended its declines, while bond yields moved higher after Trump’s tweet. President Donald Trump may have given gold and interest-rate traders a clear heads-up on the solid May jobs […]