SEC issues a warning: Bitcoin is ‘highly speculative’, be aware of ‘investor loss’
(Kitco News) – The U.S. Securities and Exchange Commission (SEC) has issued a new warning for investors interested in mutual funds that have holdings in bitcoin futures, saying that the popular cryptocurrency is “highly speculative” and volatile, and e…
Read moreGoGold more than doubles net income in first quarter
(Kitco News) – GoGold Resources (TSX: GGD) (OTCQX: GLGDF) today reported a revenue of $13.2 million in Q1 2021 (Q1 2020 – $8.6 million) from the sale of 541,608 silver equivalent ounces which provided cash flow from operations of $3.3 million.
Read moreOsisko boosts net earnings in first quarter, announces dividend
(Kitco News) – Osisko Gold Royalties (OR: TSX & NYSE) announced yesterday that the company earned 19,960 gold equivalent ounces (GEOs) in Q1 2021 (Q1 2020 –18,159 GEOs).
Gold price finally breached $1,800, will it fall to $1,400 or breach $2,220 next? Gary Wagner
(Kitco News) – Gold has finally sustained momentum above $1,800 an ounce, but it might be several years before a new all-time high is breached, said Gary Wagner, editor of TheGoldForecast.com
Read moreCanadian fintech execs see regulations helping to grow the cryptocurrency market
(Kitco News) – The debate on regulations in the cryptocurrency space continues to heat up. Canadian market leaders say that more rules are needed if consumer adoption of digital currencies continues to grow.
Read moreGold sees initial price pressure after hot U.S. CPI, then rebounds
(Kitco News) – Gold prices are modestly higher in early morning U.S. trading Wednesday, after selling off briefly following a higher-than-expected U.S. inflation reading.
Read moreGold prices drop sharply following surge in U.S. CPI data
(Kitco News) – The gold market is trying to overcome some strong selling pressure after consumer price pressures surged higher in April.
Read moreBitcoin daily chart alert – Choppy, sideways price action continues – May 12
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Wednesday. Not much new recently. Trading remains choppy and sideways.
Read moreRockhaven to begin 12,000M drill program at Klaza
(Kitco News) – Rockhaven Resources (TSX-V:RK) said yesterday it is plans to run a 12,000 meter drill program beginning in June.
Read moreThe EU commission have upgraded their GDP forecasts
(Kitco News) – The EU commission has raised their economic GDP forecast to 4.3% From 3.8% for 2021. In addition to this, they also raised the 2022 Euro-Area GDP forecast to 4.4% (vs previous 3.8%) and predict Euro Area inflation could reach 1.7% In 202…
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