Gold Hits New All-Time High As Fed Cuts 50 Basis Points
Today the price of gold futures surged to another all-time high above $2,620 as the Fed cut 50 basis points.
Today the price of gold futures surged to another all-time high above $2,620 as the Fed cut 50 basis points.
With everyone focused on the Fed decision, this will have a huge impact on the gold and silver markets.
Here is a look at gold and the Fed rate cut, plus a look at mining stocks.
Here is a stunning look at silver, commodities and mining stocks.
Will Fed cut rates 25 or 50 as US dollar tumbles and gold continues its historic run.
Today James Turk told King World News that the price of silver may quickly hit the $50 level.
On the heels of a big week for the metals, the big picture for gold and silver remains extremely bullish. Take a look…
Today one of the greats in the business that predicted at the beginning of 2024 that this would be a huge year for gold spoke with King World News about gold and the death of the dollar.
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.
[PR Newswire] – TSX: G NYSE: GG VANCOUVER, Sept. 18, 2015 /PRNewswire/ – GOLDCORP INC . (TSX: G, NYSE: GG) will release third quarter results prior to market open on Thursday, October 29, 2015. A conference call will …
[Marketwired] – Banro Corporation (“Banro” or the “Company”) (NYSE MKT:BAA)(BAA.TO) is pleased to announce the intersection of significant mineralization from on-going near mine exploration activities at its wholly-owned Namoya project, located on the Twangiza-Namoya gold belt in the Maniema Province of the Democratic Republic of the Congo (the “DRC”). The near mine exploration at Namoya encompasses follow-up work in the Namoya Summit-Filon B area, the hanging-wall zone at Namoya Summit
[Marketwired] – Lake Shore Gold Corp. today announced the completion of the previously announced acquisition of Temex Resources Corp. by way of a court approved plan of arrangement .
[PR Newswire] – TSX: GPR NYSE MKT: GPL VANCOUVER, April 15, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL; “Great Panther”; the “Company”) announced strong production results …
NEW YORK (TheStreet) — The gold price managed to creep back to the $1,200 spot mark in early Far East trading on their Tuesday morning—and that lasted until noon in Hong Kong. At that point the HFT boyz showed up—and it was all down hill into the release of the retail sales numbers shortly before 8:30 a.m. EDT. The dollar index crashed—and gold, along with the other precious metals, moved
[GlobeNewswire] – Reflects Impact of New High-Grade Mineralization From Ongoing Exploration Success
NEW YORK (TheStreet) — The gold price traded flat for a while once the markets opened on Sunday evening in New York, but got sold down in two separate selling bouts, with the low tick coming shortly after the London morning gold fix. The 1 p.m. BST rally was dealt with in the usual manner an hour and change later in New York—and once the London p.m. fix was in,
[Marketwired] – CANGOLD LIMITED and GREAT PANTHER SILVER LIMITED are pleased to announce that further to the binding letter agreement announced on February 26, 2015, they have entered into…
[CNW Group] – Great Panther And Cangold Execute Definitive Arrangement Agreement
[PR Newswire] – VANCOUVER, April 13, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (GPR.TO) (NYSE MKT: GPL) (“Great Panther”) and Cangold Limited (CLD.V) (“Cangold”) are pleased to announce that further to the binding letter agreement announced on February 26, 2015, they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Great Panther will, subject to the terms and conditions of the Arrangement Agreement, acquire all of
[Marketwired] – Fortuna Silver Mines, Inc. is pleased to announce first quarter 2015 production figures from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company …
[PR Newswire] – TSX – FR NYSE – AG Frankfurt – FMV Mexico – AG VANCOUVER, April 13, 2015 /PRNewswire/ – First Majestic Silver Corp. (“First Majestic” or the “Company”) is pleased to announce that total …
[CNW Group] – First Majestic Produces 3.9 Million Silver Eqv. Ounces in Q1’15
By Nina Chestney LONDON (Reuters) – The cost of offshore wind energy in Britain can become competitive with more established forms of energy in the next decade through better technology and bigger turbines, a Dong Energy executive told Reuters on Wednesday. Offshore wind is one of the most expensive renewable energy technologies in Britain, because manufacturing and maintaining turbines strong enough to withstand marine environments is costly. The sector still
(Reuters) – U.S. oil company Chevron Corp said on Wednesday it was selling its 40 percent stakes in two Nigerian shallow water offshore oil blocks. Chevron Nigeria Limited said in a statement it was offering Oil Mining Leases (OML) 86 and 88 in the Niger Delta area of Nigeria for sale.
LOS ANGELES (AP) — Exxon Mobil Corp. has been forced to halt operations at three offshore oil platforms because it couldn’t deliver to refineries in the wake of a broken pipeline that spilled up to 101,000 gallons of crude on the Santa Barbara coast, the company said.
The shutdown of a pipeline that spilled up to 101,000 gallons of crude on the Santa Barbara coast forced Exxon Mobil Corp. to halt operations at three offshore platforms because it couldn’t deliver oil …
LOS ANGELES (AP) — The shutdown of a pipeline that spilled up to 101,000 gallons of crude oil on the Santa Barbara coast forced Exxon Mobil Corp. to halt drilling at three offshore platforms, the company said Tuesday.
Olive Garden’s quarterly sales rose 3.4 percent at established locations as customers spent more at the struggling Italian chain. Parent company Darden Restaurants is moving away from some of the heavy …
By Hasmik Mkrtchyan YEREVAN (Reuters) – Armenian police used water cannon to disperse thousands of people protesting in the capital Yerevan on Tuesday against a hike in electricity prices and detained more than 200 of them. Opposition parties condemned the police action and demanded the release of the 237 held after a rally that showed heightened social tensions in the cash-strapped South Caucasus country. A member of the opposition Armenian
Now scientists want to bring that silence to the world of wind turbines—quieting the noisy rotating monoliths that can irritate neighbors. Scientists at the University of Cambridge are testing a prototype coating. Based on the structure of an owl’s wing, when applied to the blades of wind turbines it could significantly reduce the amount of noise they make.
Spanish protest party Podemos teamed up Monday with a top US anti-austerity economist to launch a green energy plan which they said could create hundreds of thousands of jobs. Vying to drive out Spain’s governing conservative Popular Party in the year-end general election, Podemos turned for its energy investment programme to Robert Pollin, who has worked as an adviser to the US Department of Energy and the United Nations. In
More than 2,500 new wind turbines, amounting to 7.1 gigawatts (GW) of electricity production capacity, are now unlikely to be built in Britain because of a fast-tracked subsidy cut outlined by the new government. British energy minister Amber Rudd said an earlier than planned reduction in onshore wind subsidies was necessary to avoid spending more than required to meet Britain’s legally binding green energy targets. “We are reaching the limits