Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
By Kishori Krishnan Exclusive to Gold Investing News Feeling risky? Buy gold. It’s all about the risk factor these days, as investors square their positions following a massive rally on the stock market. Ever since stocks soared on Monday, driving the Dow Jones industrials up nearly 500 points, after the government announced details of a [...]
Kootenay Silver Inc. is an exploration and mining Company focused on the exploration and development of its top priority Promontorio Silver Project situated within the mineral rich Sierra Madre trend of Mexico.
By Dave Brown – Exclusive to Gold Investing News On Friday, the U.S. Labor Department released figures indicating that payroll records fell by 159,000 in September, the biggest decline in five years. The unemployment rate remained constant at 6.1 per cent, which had already appreciated from April’s levels of 5 per cent. As if they [...]
By Dave Brown – Exclusive to Gold Investing News As political debate was waged this week over whether a second stimulus package is necessary, the economy’s fragility was accentuated by an increase in the unemployment rate to 6.1 per cent in August. The street consensus was at 5.8 per cent and figures indicate the labor [...]
By Dave Brown – Exclusive to Gold Investing News Traditionally, gold has represented a non-correlated asset class but more recently, an increased linkage has been observed by many analysts. Bloomberg quotes John Reade, Metals Strategist at UBS, “In the short term, gold’s direction will be determined by the moves in crude oil.” This will necessitate [...]
By Dave Brown – Exclusive to Gold Investing News Question: What do a Wall Street banker, a US Federal Reserve official and a jewellery retailer have in common these days? Answer: All three are happy to learn that US consumer confidence has recovered more than expected in August as fears over inflation eased. The actual [...]
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