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Wednesday, May 27: Today in Gold and Silver
NEW YORK (TheStreet) — The gold price chopped quietly lower in Far East trading on their Tuesday—and the HFT boyz and their algorithms/spoofing showed up around 2:15 p.m. Hong Kong time. Once they were done, the price drifted quietly lower until the London morning gold fix was done at 10:30 a.m. BST. It rallied a hair into the COMEX open, but JPMorgan et al were laying in wait once again—and
China's Zijin buys stakes in gold, copper projects
Richard Russell – The War Against Deflation, Gold, Silver And One Of The Most Tragic Images You Will Ever See
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, discusses the war against deflation, the horrors of war and what he is telling his subscribers to do right now. Included in this piece is one of the most tragic images you will ever see.
Westwood mine production continues uninterrupted following a localized fall of ground
[CNW Group] – Westwood mine production continues uninterrupted following a localized fall of ground
Westwood mine production continues uninterrupted following a localized fall of ground
[PR Newswire] – Gold production in the mill was not interrupted as Westwood has sufficient stockpiles and has advanced underground development to the extent that it has many operating underground stopes from which to mine. Mining in the affected area has been suspended until the situation analysis is completed, as worker safety remains the priority. Based on an initial assesment of this event, annual production and cost guidance for Westwood
Bernanke sees no extreme moves in U.S. markets, asset prices
SEOUL (Reuters) – Former Federal Reserve Chairman Ben Bernanke said on Wednesday there were no signs of extreme movements in the U.S. real estate and financial markets, but criticized the U.S. Congress for failing to approve the IMF reform measures.
Bernanke sees no extreme moves in U.S. markets, asset prices
SEOUL (Reuters) – Former Federal Reserve Chairman Ben Bernanke said on Wednesday there were no signs of extreme movements in the U.S. real estate and financial markets, but criticized the U.S. Congress for failing to approve the IMF reform measures.
Zijin Deal Fails To Save Barrick Gold As Dollar Resumes Rally
Canada wildfires displace nearly 7,000
Nearly 7,000 people in Canada’s Alberta province have been evacuated from the path of wildfires which threaten to ravage homes and businesses, including oil refineries in the region, officials said Tuesday. More than 1,600 firefighters are battling the 70 wildfires, 55 of which were sparked by lightning on Sunday. Fire has creeped to within 20 kilometers of homes or oil facilities, Alberta Forestry Minister Oneil Carlier said during a telephone