We’re Only In The First Phase Of A Commodity Bull Cycle, Says Raymond James Fund Manager
According to the “mining clock,” a concept used to measure commodity cycles, we are now in the first third of a bull cycle, said Bob Thompson, senior vice president and portfolio manager of Raymond James.
McEwen Mining Suspends Dividend Distribution
McEwen Mining Inc. (NYSE, TSX: MUX) says it has decided to suspend the distribution of a dividend of one-half cent per share, which would have been paid on March 15.
Read moreU.S. Weekly Jobless Claims Fall To 223K
(Kitco News) – The U.S. Labor market continued to find some momentum last week as the Labor Department reported slightly stronger-than-expected jobless claims.
Read moreGold Pressured A Bit By ECB Easing Move That Pressures Euro
Gold prices are near steady in early U.S. trading Thursday. Gold and silver prices did dip to nine-week lows overnight.
Read moreECB Leaves Rates Unchanged, Announces Liquidity Measures
The European Central Bank left interest rates unchanged Thursday, extended the length of time it expects rates to remain at current levels and announced new refinancing operations, all aimed at maintaining liquidity to boost the economy.
Read moreBitcoin Daily Chart Alert – Prices Near Steady Thursday – Mar. 7
Bitcoin-U.S. dollar prices are again near steady in early trading Thursday. Trading has been sideways and choppy recently, but this week’s modest gains favor the bulls.
Canada’s PM Trudeau Asked About Gold As Soon As He Arrived At PDAC
Canadian Prime Minister Justin Trudeau made a surprise appearance at the Prospectors and Developers Convention (PDAC) held in Toronto this week.
Read moreGold’s Next Major Move May Depend On Silver, Says Analyst
Before we see gold move higher, silver has to show some signs of life first, said Derek Macpherson, vice president of Mining Analysis at Red Cloud Klondike Strike Inc.
Read moreGold Prices See Tepid Bounce As U.S. Stocks Decline
Gold prices are modestly higher in early-afternoon U.S. trading Wednesday, on a tepid short-covering and bargain-hunting rebound following recent strong selling pressure that pushed the market to a five-week low earlier this week.
Read moreWhere Is Gold Headed Next Week? VOTE NOW!
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
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