Bitcoin Daily Chart Alert – Recent Pause Not Bearish – Aug. 12
(Kitco News) – Bitcoin-U.S. dollar futures prices are lower in early U.S. trading Monday. Trading has turned choppy and sideways recently but this pause is not bearish and suggests the bulls are just taking a rest before their next upside assault.
Read moreTech’s Big Opportunity In Mining
(Kitco News) – “We haven’t really had any technology advances in a while.”
Read moreSouth Africa Mining Production Increases In 2Q
(Kitco News) – Metals that declined were gold, dropping 4.1%. Nickel was off 4.5% and copper fell 8.8%.
Read moreAlrosa Diamond Sales Continue To Slide
(Kitco News) – The first month below $200 million since the start of the year.
Read moreIPMI Acquires Precious Metals Association Of North America
(Kitco News) – The International Precious Metals Institute (IPMI) announced its acquisition of the Precious Metals Association Of North America (PMANA) on Tuesday.
Read moreGold Could See An ‘Explosive’ Move Up Next Week, Here’s What To Watch
(Kitco News) – After surprising the market with a rally above $1,500 an ounce this week, gold is ready to make more gains as bullish momentum continues to push prices higher.
Read morePepperstone Group Maintains $1,522 Gold Price Call
(Kitco News) – Gold is a ‘juggernaut’ and is proving to a be a good hedge against negative real bond yields, with the yellow metal’s prices holding above $1,500 the medium-term, this according to Chris Weston, head of research of Pepperstone Group.
Read moreWall Street, Main Street Sill Bullish On Gold, But Caution Creeping Higher
(Kitco News) – The market remains emphatically bullish on gold. But, looking past the headlines, the yellow metal is beginning to look overbought, according to some analysts.
Read moreGold Prices Climb As Traders “Buy The Dip”
(Kitco News) – In bull-market runs any price pullbacks are viewed as bargain-buying opportunities.
Read moreMomentum In Gold And Silver Still Points Up: TD Securities
(Kitco News) – Gold and silver still have momentum behind them, says TD Securities. “Momentum signals are firmly pointing to the upside across the complex,” strategists at TD Securities write.
