Gold shorts continue to get squeezed as the price of gold futures closed the week at a record high above $2,600. Silver also had a very impressive week closing above $31, close to an important breakout level that will propel the price to the $40-$50 area.
With the price of gold breaking to a new record high above $2,600, look at this amazing commentary about today vs 1970s.
On the heels of gold futures hitting a new all-time high, here is a look at Russia, the BRICS and a gold-backed currency.
Today the price of gold futures hit an all-time high $2,580 as central banks continue to stockpile gold, even at record prices.
The setup in gold and silver is extremely powerful. This will be a very long and strong phase of the bull market in the precious metals, despite periods of shakeouts. Take a look…
With the Dow plunging more than 700, and the Fed about to cut interest rates, are we on the threshold of another Great Depression?
Today the man who helps oversee $150 billion warned the stock market bubble is likely to pop.
Here is a look at why massive gold and silver moves are about to be unleashed.
A second coming inflationary wave is waiting to be unleashed as the Fed cuts rates…
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News exactly what level gold needs to hit for the next upside breakout.
Here is a look at gold and the greatest global monetary destruction in history.
Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, and who also correctly predicted last year that the price of gold would hit $2,500 in the middle of this year, just stunned King World News by predicting that the price of gold will hit $4,000 by the end of next year. Investors should buckle up because it appears the price of gold is going to continue to soar through 2025. This is an interview that everyone around the world needs to hear because she makes many major predictions about everything from gold, silver, uranium, stocks, to interest rates and much more.
Russian buying has stunned the gold market and kept a strong bid for the Metal of Kings with the futures price continuing to hold well above $2,500.
Look at what is happening with gold, commodities and Canada.
Gold futures are within dollars of hitting a new all-time high as silver surges near the $30 level, but look at this…
Scientists have uncovered the path to a longer, healthier life. And what is happening is real estate is fascinating. Take a look…
Gen X is due to retire but can’t afford to. Take a look…
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News the current setup in the gold market.
It is important to focus on the big picture on a day like today. Always take a step back and stay focused. Take a look…
A historic global capital rotation is about to be unleashed and gold is at the center of that shift. This will also ignite the silver market. Take a look…
[Marketwired] – Central GoldTrust and ; today provided an update on developments that have occurred since the Trustees of GoldTrust issued their Trustees’ Circular dated June 9, 2015, recommending that Unitholders of …
[PR Newswire] – VANCOUVER, Oct. 2, 2015 /PRNewswire/ – GOLDCORP INC. (TSX: G, NYSE: GG) announced today a work stoppage by miners represented by the Asociacion Obrera Minera Argentina, Province of Santa Cruz delegation at the Cerro Negro mine. A comprehensive contingency plan is in place during this shutdown of operations that will enable mining and processing to be restarted immediately following the return of the workforce. Our focus is
[CNW Group] – Goldcorp announces work stoppage at its Cerro Negro mine
[Marketwired] – In response to media inquiries, Kinross Gold Corporation wishes to address the circumstances surrounding an ongoing regulatory review in relation to its West Africa mining operations.In August 2013, Kinross …
[CNW Group] – Eldorado Gold Announces Q3 2015 Financial and Operational Results Release Date and Conference Call
[PR Newswire] – TSX: ELD NYSE: EGO VANCOUVER, Oct. 2, 2015 /PRNewswire/ – Eldorado Gold Corporation will release its Q3 2015 Financial Results before the market opens on Friday October 30, 2015. Paul Wright, Chief Executive …
[Marketwired] – CANGOLD LIMITED is pleased to announce that the plan of arrangement , pursuant to which Great Panther Silver Limited will acquire all of…
[Marketwired] – First Majestic Silver Corp. is pleased to announce the voting results for the election of its Board of Directors at its annual general meeting held on May 21, 2015.
NEW YORK (TheStreet) — The gold price chopped around slightly above the unchanged mark until just after 1 p.m. in Hong Kong and then began to head lower, with the low tick coming minutes after 9 a.m. EDT. It rallied a bit going into the London p.m. gold ‘fix’—and from there it didn’t do a lot. The high and lows were reported by the CME Group as $1,212.40 and $1,200.80
[CNW Group] – Silvercorp reports financial and operating results for the fiscal year and fourth quarter ended March 31, 2015
[PR Newswire] – Trading Symbol: TSX: SVM NYSE: SVM VANCOUVER, May 21, 2015 /PRNewswire/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE: SVM) today reported its financial …
[PR Newswire] – TSX: SLW NYSE: SLW VANCOUVER, May 21, 2015 /PRNewswire/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX:SLW) (NYSE:SLW) announces that the nominees listed in the management …
[CNW Group] – Silver Wheaton Announces Election of Directors and Approval of Approach to Executive Compensation
NEW YORK (TheStreet) — After the the two hour sell-off going into the London open, the gold priced inched higher until shortly after the p.m. gold fix was in at 10 a.m. EDT in New York. After that it chopped quietly sideways into the close. Once again the high and low ticks aren’t worth my effort to look up. … Click to view a price quote on GLD. Click to
NEW YORK (TheStreet) — The gold price was under choppy selling pressure up until ten minutes after the COMEX open in New York yesterday morning—and at that point the HFT boyz and their algorithms went to work, with most of the damage done by around 10:35 a.m. EDT. The gold price traded flat after that, but the absolute low tick was a quick down/up spike minutes before 11:30 a.m. The
[CNW Group] – Great Panther Silver Signs Option Agreement to Acquire Coricancha Au-Ag-Pb-Zn-Cu Mine in Peru
CONCORD, N.H. (AP) — There’s plenty of raw electricity sloshing around in Quebec’s rivers and reservoirs, offering promise for U.S. northeasterners who pay the nation’s highest power costs.
CONCORD, N.H. (AP) — There’s plenty of raw electricity sloshing around in Quebec’s rivers and reservoirs, offering promise for U.S. northeasterners who pay the nation’s highest power costs.
Next week, the Environmental Protection Agency is expected to outline what could be the Obama Administration’s most influential policy on climate change. Called the Clean Power Plan, the rule is aimed at reducing harmful emissions from existing electric power plants—the country’s largest source of carbon dioxide, the most significant greenhouse gas. The plan will task each state with coming up with a strategy and take action to reduce its carbon
Next week, the Environmental Protection Agency is expected to outline what could be the Obama Administration’s most influential policy on climate change. Called the Clean Power Plan, the rule is aimed at reducing harmful emissions from existing electric power plants—the country’s largest source of carbon dioxide, the most significant greenhouse gas. The plan will task each state with coming up with a strategy and take action to reduce its carbon
MEXICO CITY (AP) — Residents of a heavily Indian area have approved the installation of a huge wind power project in the Isthmus of Tehuantepec in southern Mexico, the Oaxaca state government said Friday.
NEW YORK (AP) — Stocks closed modestly lower Friday as oil titans Exxon Mobil and Chevron led a slump in energy stocks.
New York (AFP) – Weakness in petroleum-linked equities weighed down the Dow and the S&P 500 Friday following poor earnings from ExxonMobil and Chevron and a drop in oil prices.
US oil giants Chevron and ExxonMobil signaled Friday further belt-tightening ahead as the industry responds to lower oil prices that slammed earnings in the second quarter. Chevron said it was trimming 1,500 jobs as it cuts 2015 capital spending about $5 billion compared with last year. “We’re getting our cost structure down, through renegotiations across the supply chain and by sizing our contractor and employee workforce to reflect lower activity
Exxon Mobil shares fell 3.5 percent while Chevron was down 3.9 percent after reporting poor quarterly earnings due to weak oil prices. This definitely puts a lower probability on that,” said Stanley Sun, interest rate strategist at Nomura Securities International in New York. The S&P 500 was down a marginal 0.02 percent at 2,108.13 and the Nasdaq Composite added 0.18 percent to 5,138.08.
Lower oil prices hammered earnings of US petroleum giants ExxonMobil and Chevron Friday, adding to the industry’s woes amid its worst downturn since the late 1990s. ExxonMobil, the biggest US oil company, said second-quarter profits fell by 52.3 percent year-over-year to $4.2 billion as it reported a loss in its US exploration and production division. The carnage was even worse at Chevron, which reported about a 90 percent drop in
