‘Just Waiting’: Brexit Is Keeping Gold Investors On The Sidelines
(Kitco News) – It is a calm before the storm type of atmosphere in the U.K. as people prefer to stay on the sidelines to see which way Brexit is going to go before investing their money into gold, according to Goldex CEO and founder Sylvia Carrasco.
Read moreWhy Gold Miners Are Split
(Kitco News) – The flow of money into exchange traded funds (ETFs) bifurcated the gold miners, said Alamos Gold CEO and president John McCluskey.
Read moreThe Call For Fed Rate Cuts Is Paper Thin – BMO’s Doug Porter
(Kitco News) – The argument for the Federal Reserve to cut interest rates is growing “paper thin,” according to Doug Porter, chief economist at BMO Capital Markets. However, the bank doesn’t expect one rate hike will be enough to spook gold investors.
Gold, Silver Prices Up, But Off Daily Highs
(Kitco News) – Gold prices are moderately higher in midday U.S. trading Monday. However, prices have backed off their session highs.
Read moreMoney Managers Slash Net-Bullish Gold Positioning
(Kitco News) – Large speculators cut their net-bullish positioning in gold futures by more than half during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.
Read moreDoug Casey’s Royalty Mining Stock Pitch Made 65% Since November
(Kitco News) – Doug Casey, founder of Casey Research, prefer the royalty streaming companies over traditional miners.
Read moreChina Buys 360,000 Ounces Of Gold In March
(Kitco News) – The race to accumulate gold continues as the central bank of the world’s second-largest economy added more ounces to its official reserves for the fourth consecutive month.
Barclays: Commodity Assets Under Management Rise In 1Q
(Kitco News) – Global commodities assets under management (AUM) – including precious metals — rose to $319 billion in the first quarter from $280 billion at the end of last year, Barclays says.
Gold Prices Rally Amid Bullish Outside Markets
(Kitco News) – Gold prices are moderately higher in early U.S. trading Monday.
Read moreBitcoin Daily Chart Alert – Bulls Have Technical Power – Apr. 8
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday, and trading not far below last week’s 4.5-month high.