KWN GOLD

BUCKLE UP: Fed To Raise Interest Rates Again In 2 Weeks

Investors need to buckle up because the Fed is going to raise interest rates again in two weeks. Here is what you need to know. Fed Will Raise Interest Rates April 18 (King World News) – Peter Boockvar:  I’m waving the white flag on my belief the Fed would not raise rates on May 3rd following the hawkish Waller comments Friday and which mimicked what Bullard, Mester, Barkin and Bostic

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GOLD (MSM)

SILVER (MSM)

Thursday, May 7: Today in Gold and Silver

NEW YORK (TheStreet) — [NOTE: Sorry about no column on Wednesday, as I was rather ill on Tuesday.  Ed] In the overall, the gold price activity on Wednesday was pretty much the same as it was on Monday and Tuesday.  The price rallies that began twenty minutes before the COMEX open got hammered withing minutes, as “da boyz” spun their algorithms.  And, like Monday and Tuesday, the price got sold

Silver Standard Receives Final Cash Payment for the Sale of the San Agustin Project

[PR Newswire] – VANCOUVER, May 5, 2015 /PRNewswire/ – Silver Standard Resources Inc. (SSRI) (SSO.TO) (“Silver Standard”) has received the final cash payment in the amount of $20 million from the sale of the San Agustin project in Durango, Mexico (“San Agustin”) to Argonaut Gold Inc., which was completed in December 2013. As part of the consideration, Silver Standard retains a 2% net smelter return royalty on sulphide ore produced

Tuesday, May 5: Today in Gold and Silver

NEW YORK (TheStreet) — NOTE:  There were some serious production issues with my Saturday column—and the last of them weren’t dealt with until Monday evening.  Large chunks of Part 1 just weren’t there, but the rest of the column was fine.  If you’d like to read that part of my Saturday column, the link to that section is here. The gold price rallied about five bucks or so in morning

Saturday, May 2: Today in Gold and Silver

NEW YORK (TheStreet) — Gold had a slight negative bias all through Far East and early London trading on their Friday.  Someone tapped on the price at 1 p.m. in London, which was 20 minutes before the Comex open—and the selloff continued minutes after the open.  The low tick came shortly after the 9:30 a.m. open of the equity markets—and then chopped sideways into the 1:30 p.m. Comex close before

ENERGY (MSM)

Oil analysts and experts on Iran nuclear deal

By Christopher Johnson LONDON (Reuters) – Iran, the United States and five other major powers are trying to reach an agreement to restrain the Iranian nuclear program in exchange for relief from economic sanctions. The following are answers to frequently asked questions about any nuclear deal and what follows, from analysts, economists and academics in Reuters Global Oil Forum: Q: When will financial sanctions be lifted? Richard Nephew, Program Director

Green Austria on warpath against nuclear power in Europe

Austria’s announcement Monday that it would challenge state aid for a new nuclear plant in Britain marks the latest step in the country’s solo campaign to roll back atomic energy in Europe. Since the late 1970s, Austria has been fiercely anti-nuclear, starting with an unprecedented vote by its population that prevented the country’s only plant from providing a watt of power. With the exception of Italy, Austria is surrounded by

Venezuela recalls ambassador to Guyana amid territory dispute

Venezuelan President Nicolas Maduro on Monday said he was calling in the country’s ambassador in neighboring Guyana for consultations amid an escalating row over oil exploration in a disputed offshore territory. The OPEC nation in June demanded that Guyana halt exploration being carried out by Exxon Mobil Corp off the coast of the region known as the Essequibo, weeks after Exxon said it had found oil. “It takes a lot

SunEdison unit TerraForm to buy wind power plants for $2 billion

(Reuters) – TerraForm Power Inc , a unit of SunEdison Inc , said it would buy 930 megawatt of wind power plants from Invenergy Wind LLC for $2 billion. Under the deal, TerraForm will acquire seven contracted wind farms in the United States and Canada, the company said on Monday. The deal is expected to close in the fourth quarter. (This story was refiled to correct TerraForm ticker) (Reporting by

Armenian police break up protest over energy prices

Police in the Armenian capital on Monday routed anti-government protesters who had blocked the city’s main thoroughfare for several weeks over a hike in energy prices. Riot police detained dozens of protesters and dismantled a barricade of dumpsters they had built across an avenue close to the presidential palace in Yerevan, an AFP journalist at the scene said. A senior police official, Valery Osipyan, urged the protesters to disperse peacefully.

Exxon reports planned start-up at Baytown, Texas facility

(Reuters) – Exxon Mobil Corp reported planned start-up activities resulting in emissions from a flexicoker at its Baytown, Texas facility, according to a filing with the state pollution regulator over the weekend. The event began on July 2 and ended on Saturday, the Texas Commission on Environmental Quality (TCEQ) filing said. The company planned to resume the restart of the 42,000 barrels per day (bpd) flexicoker at its 560,500 bpd