Precious metals futures finished higher Wednesday. Gold moved moved further ahead in after-hours trading following the FOMC announcement to raise interest rates by 0.25 basis points. Gold for April... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Key Metric LIBOR OIS Signals Major Credit Concerns – Widening of the spread between LIBOR OIS (overnight index swap) rate raises concerns – Spread jumped to 9 year widest spread, rising to 54.6bps, most since May 2009. – Libor recently moved to over 2% for first time since 2008 – Wider spread usually associated with heightened credit concerns Editor: Mark O'Byrne Major credit concerns are back as one of the key U.S. metrics, the LIBOR-OIS spread has been climbing sharply and is now higher than levels seen during the height of the eurozone sovereign debt crisis of late 2011 and early [...]
On March 15, the United States Mint released the six Breast Cancer Awareness commemorative coins. In a departure from previous programs, all three coin sizes share the same obverse and reverse design. The six coins are mint state and proof examples of a clad half dollar, a silver dollar, and a $5 gold coin. The gold coins are made of a brand-new composition of 85% gold and 14.8% copper and 0.2% zinc, differing from the traditional 90% gold and 10% copper. This new alloy gives the coin a pink hue, representing the color of the breast cancer cause. Undoubtedly these coins [...]
Updated sales figures are available for the pink $5 gold, silver dollar, and 50-cent clad 2018 Breast Cancer Awareness Commemorative Coins. Released last Thursday at prices ranging from $25.95 to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tartisan Resources Corp.(CSE:TTC) (“Tartisan”, or the “Company”) is pleased to announce that the previously announced change of name of the Company will be effective as of the opening of trading on Friday, March 23, 2018 under the symbol “TN”. ABOUT TARTISAN RESOURCES CORP. Tartisan's assets include the Kenbridge Deposit hosting measured and indicated resources of 7.139 million tonnes of 0.62% nickel, 0.33% copper, and 0.016% cobalt; and inferred resources of 118,000 tonnes of 1.38% nickel, 0.88% copper, and 0.003% cobalt. In total a contained nickel resource of 97.8 million pounds and 47 million pounds of copper. The Kenbridge Deposit is [...]
Key Metric LIBOR OIS Signals Major Credit Concerns – Widening of the spread between LIBOR OIS (overnight index swap) rate raises concerns – Spread jumped to 9 year widest spread, rising to 54.6bps, most since May 2009. – Libor recently moved to over 2% for first time since 2008 – Wider spread usually associated with heightened credit concerns Editor: Mark O'Byrne Major credit concerns are back as one of the key U.S. metrics, the LIBOR-OIS spread has been climbing sharply and is now higher than levels seen during the height of the eurozone sovereign debt crisis of late 2011 and early [...]
Before you sell gold online, there are a few guidelines you should follow. Unfortunately there are quite a few sites out there that are not trustworthy, so in order to find the perfect site for all your needs, and one that will really pay you cash for gold, you need to watch out for the bad websites. If you are wondering over how to sell gold, then you may not worry too much. However, make sure that you sell it at a right price. To make sure that you buy right price for the piece of gold you carry, make [...]
In 1896, Skookum Jim Mason discovered gold in Bonanza Creek, a tributary of the Klondike River. His discovery sparked a gold rush that drew as many as 100,000 hopeful prospectors to the Klondike gold fields within two years. Yukon occupies the northern portion of the North American Cordillera, which contains diverse rock types that record more than a billion years of geological history. The territory hosts more than 80 mineral deposits with established reserves, some of which are the largest known on earth; they include copper, iron, silver, gold, tungsten, zinc and lead. Yukon also hosts 2,700 known mineral occurrences that [...]
– $8.8B Sprott Inc. sees higher gold on massive consumer debt, defaults & bankruptcies – Rising and record U.S. debt load may cause financial stress, weaken dollar and see gold go higher – Massive government and consumer debt eroding benefits of wage growth (see chart) by Bloomberg Rising U.S. interest rates, usually bad news for gold, are instead feeding signs of financial stress among debt-laden consumers and helping drive demand for the metal as a haven. That's the argument of Sprott Inc., a precious-metals-focused fund manager that oversees $8.8 billion in assets. The following four charts lay out the case for why gold [...]
In 1896, Skookum Jim Mason discovered gold in Bonanza Creek, a tributary of the Klondike River. His discovery sparked a gold rush that drew as many as 100,000 hopeful prospectors to the Klondike gold fields within two years. Yukon occupies the northern portion of the North American Cordillera, which contains diverse rock types that record more than a billion years of geological history. The territory hosts more than 80 mineral deposits with established reserves, some of which are the largest known on earth, and include copper, iron, silver, gold, tungsten, zinc and lead. Yukon also hosts 2,700 known mineral occurrences that [...]