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By Alexander Green When I travel, I often find it convenient to call for an Uber. When it arrives, I generally strike up a friendly chat with the driver. Yet I’m still surprised by how frequently the driver tells me he or she is “retired.” (That seems odd. It’s like saying, “I’m working even though […]

By GoldSilverWorlds Bullion investors buy gold and silver as a matter of self-reliance. Physical metals aren’t dependent upon the promises of financial institutions, governments, or other third parties. This lack of counterparty risk makes precious metals quite different from most conventional assets. There is no possibility of a default or mismanagement which renders them worthless.

By analyst By Cecilia Jamasmie Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company posted full year profit that missed expectations and anticipated higher costs. The miner, which is the world’s largest primary silver producer and Mexico’s second largest gold company, said that earnings before interest, tax, depreciation, and

Source: Adrian Day for Streetwise Reports 02/27/2018 Adrian Day of Adrian Day Asset Management looks into the results reported by a triad of companies, including one whose stock fell sharply and that he now considers a strong buy. Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE, US$9.73) fell sharply following its fourth-quarter results. Three factors contributed to

Source: Streetwise Reports 02/27/2018 BMO Capital Markets analyst Edward Sterck shared this company’s recently released 2017 financials and 2018 guidance, describing the factors behind an upswing in shareholder returns. According to a Feb. 21 BMO Capital Markets research note, Glencore International Plc’s (GLEN:LSE) 2017 EBITDA was $14.8 billion ($14.8B) and in line, “driving significantly increased

By Jordan Roy-Byrne CMT, MFTA First quarter highlights: Safety statistics improve by 61% year-on-year. PGM production volumes improve by 19% year-on-year, despite challenges associated with unseasonal rain fall, safety stoppages and post year end start up. Development improves by 37% year-on-year as… …read more Source: PRNewswire-Mining and Metals ‘ data-medium-file=”” data-large-file=”” src=”https://i2.wp.com/thedailygold.com/wp-content/uploads/2018/02/Heres-What-Gold-is-Waiting-for01_opt3-1024×768.jpg?w=150&ssl=1″ alt=”” data-recalc-dims=”1″> Gold

By analyst By Valentina Ruiz Leotaud Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country’s landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among

By analyst By Valentina Ruiz Leotaud Africa-focused Caledonia Mining Corp. (TSE:CAL) revealed Monday that one person died on February 23, following an accident at its Blanket gold mine in southwestern Zimbabwe. The fatality occurred in the Blanket Quartz Reef area of the mine, where production has been stopped. Management said they will not provide further

By analyst By Frik Els Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world’s steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter. The Northern China import price of 62% Fe content ore gained just under 1% to

By Cory Inflation and The Gap Up In Markets Around The World Today Marc Chandler, Head of Global Currency Strategy at Brown Brothers Harriman joins me today to look ahead to economic data on tap for this week in Europe and the US. We also address the gap higher in the US, Europe, and Japanese