Utilising MarketHive to Promote CryptoCurrency
Wheaton loads up in silver in Q1 Wheaton Precious Metals (TSE:WPM) said today attributable gold equivalent production was over 180,000 ounces in the first quarter partially driven by record attributable silver production at Peñasquito. Silver ounces produced was at 6.7 million ounces, up 18.5% from the same period a year ago. Revenue was $255 million […]
B2Gold touts record revenue, cashflow, gold production B2Gold (TSX:BTO) said today it had record quarterly total gold production of 264,862 ounces in Q1. Revenue was up 44% to $380 million, also a record. The quarterly consolidated cash flow provided by operating activities from the company's three operating mines was $216 million, also a record. Cash-flow […]
Coronavirus pandemic, and about $145 billion remains in the congressionally approved fund, the U.S. Small Business Administration and Treasury Department said Sunday. The SBA has processed about 2.2 million loans worth more than $175 billion since Congress last month authorized more funding for the Paycheck Protection Program, part of almost $3 trillion in spending to […]
Potential short-term bottom identified by a two-day candlestick pattern While it is a little too early to say that the price correction in gold which began on the 23rd of last month is over, the first signs of a potential bottom have appeared today. Gold pricing did recover this morning, however at the same time, […]
Gold solidly down Thursday, following sell off in U.S. equities Gold prices are posting solid losses in midday U.S. trading Thursday and were near daily lows, following the U.S. stock indexes lower as they also extended daily losses. Bullish outside markets today–a lower U.S. dollar index and sharply higher crude oil prices—offered no support to […]
Gold ETF demand sees 300% annual Increase in first quarter Gold-backed exchange-traded products were the prevailing asset to own, driving global demand for the yellow metal in the first quarter, as the world economy was crushed by the COVID-19 health crisis, according to the latest research from the World Gold Council (WGC). Thursday, in its […]
Trump victory in November is no longer base-case scenario, here’s why The pandemic has made it more difficult for current President Donald Trump to be re-elected in November, this according to Matt Gertken, vice president of geopolitical strategy at BCA Research. A Trump victory is no longer the base-case scenario, Gertken said, owing to the […]
Headline financings crowd terrible money picture for juniors Michael McCrae Monday April 27, 2020 23:31 Kitco News Share this article: Despite some eye-catching financings in the last month, the juniors have been unable to raise money, said Kai Hoffmann, CEO of Oreninc, in a conversation with Kitco today. Oreninc tracks junior financings on the Toronto […]
“Americans have become less likely to view stocks or mutual funds as the best long-term investment after U.S. markets dropped by more than a third as the economic implications of the coronavirus outbreak set in last month,” Gallup survey said. Despite the drop, stocks or mutual funds remain the second best long-term investment […]
Gold breaks below $1700 trading to a low of $1667 before recovering April 2020 has been a month that the majority of gold traders and investors will remember for some time to come. It is truly been a roller coaster ride, where gold traded to a low of $1575 on the first of the month, […]
