Money managers retain bullish gold positioning
(Kitco News) – Large speculators mostly held onto their net-bullish positioning in gold futures, increasing it but only marginally so, during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
Read moreApple dropped plan for encrypting backups after FBI complained – sources
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) dropped plans to let iPhone users fully encrypt backups of their devices in the company’s iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter…
Read moreCommerzbank: palladium prices tumble after Monday record high
(Kitco News) – Palladium is sharply lower, but it’s too soon to declare the recent sharp rally has ended, says Daniel Briesemann, analyst with Commerzbank.
Read moreFirst Majestic projects lower 2020 output; Del Toro suspended
(Kitco News) – First Majestic Silver Corp. anticipates less silver-equivalent production in 2020 as the company halts output at the Del Toro mine and focuses on its three most profitable ones, officials announced Tuesday.
Read moreBitcoin daily chart alert—Bulls taking a rest after recent gains
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Tuesday, on a normal corrective pullback after prices late last week hit a two-month high.
Read moreGold, silver prices churning
(Kitco Commentary) – We have seen this movie before. Gold and silver are churning around in consolidation as they try and decide which way they will go next. A case can be made to go either way, but for now, there is more evidence that the lean is to t…
Read moreLithium Americas one step closer to mine approval
(Kitco News) – Lithium Americas Corp. (TSX, NYSE: LAC) has moved a step closer toward its goal of opening a Nevada mine, as U.S. regulators published a “notice of intent” to prepare an environmental impact statement for the Thacker Pass lithium claysto…
Read moreGold prices pull back on normal pausing amid price uptrend
(Kitco News) – Gold and silver prices are modestly down in early U.S. futures trading Tuesday. The precious metals market bulls taking a breather amid some consolidation and backing and filling on the charts.
Read moreGold at $1,600 is the ‘bare minimum’ for 2020 — Goldex CEO
(Kitco News) – What can take the gold market from $1,550 to $1,600 and higher?
Read moreIt’s now time to look at junior gold developers and explorers – Red Cloud
(Kitco News) – The merger and acquisition activity that swept through the mining sector in 2019 is only going to pick up momentum this year as mine developers and junior explorers are next on the auction block, according to one financing company.
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