It's the same reason investors may want to think twice before buying any gold stock.
R.M. Sotheby's will auction Apple co-founder Steve Jobs' BMW Z8 roadster.
Investing.com – Gold prices started the week on an upbeat note on Monday, as investors fretted about the simmering tensions between the U.S. and North Korea.
From Tyler Durden: The first nine months of 2017 have seen demand for gold coins slump. As stocks soar unendingly (and volatility drops unerringly) the US Mint notes that sales of coins is at its weakest in a decade as complacency… Read more ›
Investing.com – Gold prices rebounded from two month lows on Friday as fresh concerns over tensions with North Korea pressured the dollar lower and bolstered safe haven demand for the precious metal.
Stocks weak after a jobs report whiff – we break it all down. Plus – could there be a silver lining in the jobs report? We explain why Main Street could see a lift. And – IPOs are back in vogue – is this a good thing, or sign of a top? Plus – Hollywood […]
By Benjamin Cooper SYDNEY (Reuters) – Large protests were held across Australia on Saturday against Indian mining giant Adani Enterprises’ proposed Carmichael coal mine, which would be the country’s largest coal mine but has been delayed for years over environmental and financing issues. On the sands of Sydney’s Bondi Beach more than 1,000 people formed […]
By Marcy Nicholson and Jan Harvey NEW YORK/LONDON (Reuters) – Gold bounced up from a two-month low on Friday, on concerns stoked by a Russian report that North Korea is preparing to test a long-range missile and on support from the U.S. dollar’s shift into negative territory. “The Russian report of a looming North Korean […]
The Cleveland Indians are the favorite to win the World Series, according to Nate Silver’s model…
Investing.com – Gold prices fell in Asia on Monday as the dollar gained and the euro dropped as investors mulled the implications of the disputed referendum on Catalonia independence in Spain on the euro zone and a sentiment survey out of Japan in a thin trading day with China's markets shut for the week and […]
The Indonesian unit of U.S. miner Freeport McMoRan Inc can continue to export copper concentrate even if negotiations over the company’s permit to operate the giant Grasberg mine are not resolved this month, a mining ministry official said. In April, the government awarded Freeport a permit to export 1.1 million tonnes of copper concentrate until […]
Silver markets rallied a bit after initially falling on Friday as we continue to see a lot of volatility. It looks as if the $16.65 level is going to continue to hold for the short-term, but the longer term charts are looking a bit soft. Because of this, I think it’s only a matter of […]
Steven McKinney, a former chair of the American Bar Association's section on environmental energy and resources, has been charged with fellow Balch & Bingham partner Joel Gilbert and a coal mining company executive in an alleged bribery scheme involving former Alabama state Rep. Oliver Robinson Jr.
From Jordan Roy-Byrne: In recent weeks both metals and miners have declined somewhat sharply after reaching resistance. Gold peaked just below major resistance near $1375/oz and GDX, the biggest ETF for gold miners peaked at its October 2016 and February… Read more ›
By Chuck Mikolajczak NEW YORK (Reuters) – Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea’s to Washington added to a cautious tone. North Korea’s foreign minister said President Donald Trump had declared war on the country and it reserved […]
An official reveal is right around the corner.
After a war of words between Stephen Curry and President Donald Trump, it looks like the…
U.S. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fueled geopolitical concerns. North Korea said it …
From Mike Burnick: Our Edelson Institute cycles forecasts are right on — again. Earlier this year, they signaled the recent gold surge. More recently, they nailed the gold price correction underway. And I have every reason to believe that our… Read more ›
US Federal Reserve keeps interest rates unchanged and sets October date for balance sheet reduction Dollar lifts against pound on Fed announcement, with sterling down 0.7pc against the greenback and the euro down 1.04pc against the dollar European stock indices finish stuck in flat territory ahead of crucial Fed meeting; Spanish stocks sold off on Catalonia chaos 8:35PM Next […]
December Comex Gold futures are trending lower on Monday shortly before the regular session opening. Prices fell to their lowest level in over two weeks as the dollar and equities rallied. Gold prices have been under pressure lately with investors dismissing geopolitical risks and instead focusing on the possibility of rate hikes from the European […]