Tech CEO dumps $90M of company stock to buy gold, bitcoin
(Kitco News) – Overstock is online retailer based near Salt Lake City. Last month the company reported $373 million in revenue from its second quarter.
Read moreGold doesn’t need a dovish Fed to move higher – Direxion
(Kitco News) – Although there is room for gold prices to see further selling pressure in the near-term, the future still looks bright for the precious metal, according to one investment firm.
Read moreGold down amid better risk appetite, divided Fed
(Kitco News) – Gold prices are moderately lower in midday U.S. trading Thursday. Risk aversion in the world marketplace has subsided late this week, meaning less safe-haven demand for gold and silver.
Read moreJ.P. Morgan is only the start as DOJ and CFTC crack down on spoofing
(Kitco News) – Three traders charged with manipulating precious metals markets for nearly a decade could be only the start of a larger market-wide crackdown on previously-unchecked illegal market behavior.
Read moreGold prices still holding $1,500 despite rise in U.S. existing home sales
(Kitco News) – U.S. economic data continue to have little impact on gold, as prices hold above $1,500 an ounce following stronger than expected existing home sales for August, according to the latest report from the National Association of Realtors (NA…
Read moreU.S. weekly jobless claims rise to 208K, remain near five-week low
(Kitco News) -Initial weekly U.S. jobless claims rose by 2,000 to a seasonally adjusted 208,000 in the week to Saturday, the Labor Department reported Thursday.
Read moreGold prices remain under pressure following stronger-than-expected Philly Fed manufacturing survey
(Kitco News) – Gold prices are down on the day but seeing little reaction to stronger-than-expected regional manufacturing data.
Read moreGold prices pull back as risk aversion wanes, Federal Reserve divided
(Kitco News) – Gold prices are moderately lower in early U.S. trading Thursday. Risk aversion in the world marketplace has subsided late this week, meaning less safe-haven demand for gold and silver.
Read moreBitcoin daily chart alert – bearish downside price breakout occurs – Sept. 19
(Kitco News) – Bitcoin-U.S. dollar futures prices are solidly lower and hit a three-week low in early U.S. trading Thursday.
Read moreGolden Arrow unloads Puna stake
(Kitco News) – Golden Arrow (CVE:GRG) shareholders voted in favor of selling the company’s 25% stake in its Puna Operations to SSR Mining for C$44.4 million.
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