KWN GOLD

Egon von Greyerz – Coronavirus, Unprecedented Wealth Destruction And What To Expect In 2020

As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals spoke with King World News about the Coronavirus and its impact on markets, gold, silver, stocks, and what to expect in 2020. He also warned that the world is going to see unprecedented wealth destruction.

KWN BROADCAST

GOLD (MSM)

AuRico Metals Announces Acquisition of Royalties on Hemlo and Eagle River Mines

[PR Newswire] – TORONTO, Sept. 8, 2015 /PRNewswire/ – AuRico Metals Inc. (AMI.TO), (“AuRico” or the “Company”) is pleased to announce the acquisition of Mineral Streams Inc. (“Mineral Streams”), a private company owning a 0.25% NSR royalty on the Williams mine at Barrick Gold Corporation’s (“Barrick”) Hemlo complex, a 0.5% NSR royalty on Wesdome Gold Mines Ltd.’s (“Wesdome”) Eagle River mine, and a 1.5% NSR royalty on Barrick’s David Bell

Goldcorp declares ninth monthly dividend payment for 2015

[PR Newswire] – VANCOUVER, Sept. 4, 2015 /PRNewswire/ – GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its ninth monthly dividend payment for 2015 of $0.02 per share. Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive “eligible dividends” in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent

SILVER (MSM)

Friday, February 27: Today in Gold and Silver

NEW YORK (TheStreet) — The gold rally that began in Far East trading on their Thursday morning got capped at, or shortly after, the London a.m. gold fix—and then once the COMEX opened, that was that.  By the close of London trading at 11 a.m. EST, the not-for-profit sellers had the gold price back in the box—and from there it chopped quietly sideways into 5:15 p.m. close of electronic trading.

Thursday, February 26: Today in Gold and Silver

NEW YORK (TheStreet) — As I noted in The Wrap section of yesterday’s column, there was a decent rally in gold in early Far East trading on their Wednesday.  But that all ended/got capped around 3 p.m. Hong Kong time—and an hour before the London open.  It was all quietly down hill for the remainder of the day, with the New York low coming shortly before the 1:30 pm. EST

Wednesday, February 25: Today in Gold and Silver

NEW YORK (TheStreet) — It was a volatile trading session for gold yesterday, but it all happened within a very tight price range—and appeared to center around the $1,200 price mark.  The high tick came at exactly 9 a.m. Hong Kong time on their Tuesday morning—and the low tick came at the London afternoon gold fix—and the subsequent rally got hammered flat during the next two hours of trading.  Then,

Tuesday, February 24: Today in Gold and Silver

NEW YORK (TheStreet) — Not surprisingly, the gold price didn’t do too much in Far East trading on their Monday, but that all changed the moment that London opened—and about an hour later the gold price had printed its low tick of the day.  The subsequent rally lasted until a few minutes after 10:30 a.m. EST, before running into the usual sellers, who sold it down to just under unchanged

ENERGY (MSM)

South Sudan rebels say they captured oil refinery in Upper Nile

JUBA (Reuters) – South Sudan’s rebels captured a refinery near a key oilfield in Upper Nile State, where fighting has flared up in recent days, their spokesman said on Tuesday. The rebel group SPLM/SPLA also told all oil companies operating in Upper Nile state they should shut down and evacuate their staff immediately because of ongoing clashes with government soldiers, spokesman James Gatdet Dak said in a statement. …

Japan court upholds nuclear power plant injunction

A Japanese court upheld an injunction banning the restart of two nuclear reactors, a report said Tuesday, in a blow to the government’s ambitions to return to atomic power generation. Fukui District Court in central Japan dismissed Kansai Electric Power’s motion for a stay on an earlier decision to temporarily bar the restart of the No. 3 and No. 4 reactors at plant in Takahama, Kyodo News said. The decision

Imperial Oil begins to accept proposals for Esso stations: sources

By John Tilak, Euan Rocha and Scott Haggett TORONTO/CALGARY (Reuters) – Imperial Oil , Canada’s No. 2 integrated oil producer and refiner, is moving forward on plans to sell some 500 of its remaining company-owned Esso retail sites and has begun to accept proposals from interested bidders, according to four sources familiar with the process. In January Imperial, majority-owned by Exxon Mobil , said it was evaluating selling its remaining

Conservative push for solar is backed by usual green advocates

By Nichola Groom and Richard Valdmanis LOS ANGELES/BOSTON (Reuters) – When Debbie Dooley, a Tea Party firebrand from Woodstock Georgia, makes the case for solar power, she doesn’t rely on the usual environmental talking points. Former Republican Congressman Barry Goldwater, Jr. casts his support for solar energy as a conservative stance against monopoly power utilities that “want to limit energy choice.”  Dooley and Goldwater, along with the right-leaning pro-solar groups

US oil production 'important' amid clean energy transition: Obama

President Barack Obama called US oil production an “important” source of energy as America transitions towards cleaner resources, defending his move to allow petroleum giant Shell to drill in the Alaskan Arctic. Obama’s administration gave the petroleum giant a green light three days ago to explore the Chukchi Sea near Alaska — as long as the Anglo-Dutch firm has the correct permits from the agencies that regulate the environment and