Mining Sector Needs To Shrink 90% Before We Can ‘Smell the Money’
(Kitco News) – The mining industry needs to significantly downsize if the sector is going to attract the attention of retail investors again, this according to one financing executive.
Read moreHedge Funds Sell Gold For Fifth Week, Spooked By Fed Chair Candidates
(Kitco News) – Bearish investors appear to be in control of the gold market as overall bullish speculative positioning in the marketplace declined for a fifth consecutive week.
Read moreFXTM: Gold ‘Bears Are Winning The Battle’
Gold is facing technical-chart selling pressure on a decline attributed to optimism over U.S. President Donald’s Trump’s tax reforms and a stronger U.S. dollar, says Lukman Otunuga
Eldorado Gold Trims Guidance For Kisladag Mine
Eldorado Gold (TSX: ELD; NYSE: EGO) has trimmed 2017 guidance for its Kisladag gold mine in Turkey.
Read moreGold, Silver Down On Upbeat Investor Attitudes, Firmer U.S. Dollar
Gold prices are moderately lower in early U.S. trading Monday.
Read moreThis Diamond Giant Beats Its Own Record Of Unearthed Colored Gems
The world’s top diamond producer by output, Alrosa, has surpassed its record number of large colored diamonds unearthed in a year, with the latest discovery being a 34.17-carat yellow diamond — the biggest find by the company to date.
Here Are The Biggest Risks Facing Mining In 2018
The mining industry faces new challenges on a daily basis, but the number one risk threatening companies this and next year is digital effectiveness, advisory company Ernst & Young (EY) said in a report.
Which Next Fed Chair Is Best For Gold?
(Kitco News) – A five-way race for the new Federal Reserve Chair has recently narrowed to two, with reports circulating that Fed governor Jerome Powell and Stanford University economist John Taylor are vying for the top economic position in the country.
Read more$1B Worth of Fiat Currency Going To Zero?
If you think fiat currencies don’t have an expiry date, think again.
KITCO WEEKLY OUTLOOK: U.S. Dollar, Stocks To Dominate Gold Prices
(Kitco News) -With a relatively light economic docket next week, gold prices will remain at the mercy of the U.S. dollar and equity markets, which both look to move higher as investors see a path to major tax cuts and tax reform in America.
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