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Chart Hurdles Cleared; Gold, Silver Bulls Can Now Stretch Their Legs

(Kitco News) – Gold prices at mid-week have powered to a six-year high, while silver has pushed to a 13-month high. What were technical chart resistance barriers on the charts have been eclipsed, giving the bulls even more power.

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Sprott To Acquire Tocqueville Gold Strategies

(Kitco News) – Sprott Inc. (TSX: SII) and Tocqueville Asset Management announced today that Sprott Asset Management LP is to acquire Tocqueville’s gold strategy asset management business.

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Gold Prices Power Above $1,500; Marketplace Suddenly Spooked

(Kitco News) – Gold prices are sharply higher and hit another six-year high above the key $1,500.00 level in early U.S. trading Wednesday.

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Bitcoin Daily Chart Alert – Bulls Very Confident At Mid-Week – August 7

(Kitco News) – Bitcoin-U.S. dollar futures prices are near steady in early U.S. trading Wednesday.

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Gold Hits $1,500

(Kitco commentary) – Tuesday, in the overnight session, gold hit $1,500 on three separate occasions, looking like it still wants to go higher.

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Yukon Plane Crash Claims Two Lives

(Kitco News) – Further details will be provided pending notification of next of kin.

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Lack Of Water Isn’t Mining’s Biggest Threat, It’s The Regulation

(Kitco News) – Twelve out of the 17 most water-stressed countries are in the Middle East and North Africa.

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‘Lehman-Like’ Market Collapse Could Be Next: Nomura

(Kitco News) – Monday’s market sell-off might have been just the beginning and a ‘Lehman-like’ market collapse could be just around the corner, said Nomura.

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Gold Is Too ‘Pricey’: Look At Platinum and Silver — Wells Fargo

(Kitco News) – With gold’s impressive rally this summer, prices might be too “pricey” for some investors, which is why Wells Fargo is advising clients to buy cheaper precious metal alternatives like platinum and silver.

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Proposed Minnesota Mine Sidesteps Court Challenge

(Kitco News) – Poly Met Mining and its proposed nickel and copper mine in Minnesota beat off a court challenge from environmental groups, the company announced yesterday.

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