Tuesday, January 31, 2017
How Markets Are Reacting To The Trump Backlash
Since the election, investors cheered Trump's pro-growth policies and bought risk-on assets such as U.S. stocks. Concurrently, they sold risk-off assets such as: Gold, Bonds, Yen, etc.
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Gold becomes one of investors' favorite safe havens with Trump uncertainty
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CANADA STOCKS-TSX falls to a one-month low as financials slide
TORONTO, Jan 31 (Reuters) - Canada's main stock index fell to a one-month low on Tuesday as heavyweight financial shares lost ground, while gold mining stocks rose as the price of gold benefited from...
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Can Donald Trump Avoid Andrew Jackson's Trap And Create An American Economic Miracle?
If Trump takes the monetary reigns firmly he has the power to engineer an American Economic Miracle by properly implementing a new classical gold standard. “If the state of recovery was a surprise, its swiftness was even more so.”
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Russia's Nordgold says considers delisting from London Stock Exchange
MOSCOW, Jan 31 (Reuters) - Russian gold miner Nordgold said on Tuesday it was considering delisting its global depositary receipts from the London Stock Exchange but that no decision had been taken...
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Monday, January 30, 2017
BRIEF-PURE GOLD ANNOUNCES C$12 MILLION BOUGHT DEAL PRIVATE PLACEMENT
* BOUGHT-DEAL PRIVATE PLACEMENT OF 16 MILLION FLOW-THROUGH SHARES FROM PURE GOLD AT PRICE OF C$0.75/ FLOW-THROUGH SHARE
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Serena Williams Wins Australian Open 2017 Wearing Audemars Piguet, Federer, Nadal Also Wear Watches
Serena Wiliams wins the 2017 Australian Open this weekend - wearing -- during play-- an 18-karat gold and diamond Audemars Piguet watch. Similarly, Rafael Nadal wore his Richard Mille watch during play, and Roger Federer donned his Rolex just before accepting his winning trophy. Watches and tennis.
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New Gold warns of higher mine build cost, production delay at Rainy River
Jan 30 (Reuters) - Canadian miner New Gold Inc said on Monday first production from its Rainy River mine in Ontario would be delayed by three months and that it would cost $195 million more to bring...
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BRIEF-New Gold achieves 2016 production guidance at lower costs, provides rainy river update, 2017 guidance and announces board and management changes
* New Gold achieves 2016 production guidance at lower costs, provides rainy river update, 2017 guidance and announces board and management changes
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UPDATE 1-Gold miner Randgold says talking to Tongon mine employees to end sit-in
Jan 30 (Reuters) - Gold miner Randgold Resources Ltd said it was in talks with some of its employees to end their illegal sit-in at its Tongon mine in Ivory Coast over demands to make some additional annual payments.
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Gold miner Randgold says talking to Tongon mine employees to end sit-in
Jan 30 (Reuters) - Gold miner Randgold Resources Ltd said it is negotiating with some of its employees to end their illegal sit-in at its Tongon mine in Ivory Coast demanding annual ex-gratia payments.
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Sunday, January 29, 2017
Saturday, January 28, 2017
Box Office: 'Dog's Purpose' And 'Resident Evil' Both Dig Up $5M Friday, 'Gold' Bombs
'A Dog's Purpose' will still nab a fine debut while 'Resident Evil' and Matthew McConaughey's 'Gold' are performing poorly.
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Friday, January 27, 2017
Explaining Antitrust In A Time Of Fake News And Fool's Gold
As "fake news" distorts and manipulates public opinion on complex antitrust matters, will power be moved from antitrust agencies to the White House?
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Gold Weaker, But Downbeat U.S. Data Limits Selling Pressure
Gold prices are modestly lower and hit a three-week low in early U.S. trading Friday. However, prices rebounded a bit from the overnight low following some weaker-than-expected reports on the U.S. economy. February Comex gold was last down $8.50 an ounce at $1,181.40.
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Thursday, January 26, 2017
Australia shares rise as investors catch up with Wall Street; NZ flat
Jan 27 (Reuters) - Financial shares led gains on the Australian stock market on Friday as trading resumed after a holiday, while materials were dragged down by lower base metal and gold prices.
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Gold Down Amid Keener Investor Risk Appetite, Firmer U.S. Dollar
Gold prices are lower and hit a two-week low in early U.S. trading Thursday. World stock markets that are on the rise this week have put downside price pressure on the safe-haven gold market.
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BRIEF-Trident Gold Corp announces private placement
* Trident Gold Corp announces private placement Source text for Eikon: Further company coverage:
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BRIEF-Russia's Polyus says Sukhoi Log is a unique asset
Jan 26 (Reuters) - Russia's largest gold producer Polyus said on Thursday, after its joint venture with Rostec won a state auction to develop the Sukhoi Log gold deposit:
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Mali's industrial gold production beats forecasts
BAMAKO, Jan 26 (Reuters) - Nearly all of Mali's industrial gold mines produced more than forecast last year, defying expectations of an overall decline, a senior mining official said on Thursday. ...
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Russia says sells Sukhoi Log gold deposit to Polyus-Rostec JV
MOSCOW, Jan 26 (Reuters) - Russia has sold the right to develop Sukhoi Log, one of the world's largest untapped gold deposits, to a joint venture of miner Polyus and state conglomerate Rostec, Russian Natural Resources Minister Sergei Donskoi said on Thursday.
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Physical gold demand slides to 7-year low in 2016 -GFMS
* Physical gold demand slides 20 pct to 3,349 T in 2016 * Gold market surplus biggest this century * GFMS forecasts gold at $1,259/oz in 2017 By Jan Harvey LONDON, Jan 26 (Reuters) -...
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