Bitcoin Trading Update – As much talk as there is about Bitcoin as a safe haven it’s still in a downtrend
Ryan Wilday kicks off today with an update on the Bitcoin market. We discuss his technical outlook as well as…
Ryan Wilday – Cryptrocurrency Technician – Thu 21 May, 2020 Read More »
JSE-listed openpit miner Afrimat says it entered the Covid-19 lockdown with a strong balance sheet that will help it weather the uncertain and volatile business climate that is expected to prevail in the immediate future.
The company points out that…
Afrimat says all its mines will be at full operating capacity in June Read More »
(Kitco News) – The gold market continues to see some technical selling pressure, finding little traction as sentiment in the manufacturing sector remains extremely negative, according to the Philadelphia Federal Reserve.
Eskom CEO Andre de Ruyter has confirmed that the State-owned electricity utility is pushing ahead with a controversial move to renegotiate power purchase agreements with renewable independent power producers. Speaking during a briefing on May 21, De Ru…
Controversial plan to renegotiate IPP tariffs is proceeding, De Ruyter confirms Read More »
(Kitco News) – Another 2.44million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold pared its early losses, last trading down $8.60 to $1,739.80 an ounce.
Another 2.44 million Americans file initial jobless claims; gold pares loss Read More »
(Kitco News) – Gold and silver prices are trading lower in early U.S. dealings Thursday, on routine downside corrections following recent gains.
Gold, silver prices see normal corrective pullbacks Read More »
(Kitco News) – Silver could be headed for an “explosive” move as demand for the metal picks both as commodity and for investment purposes, said TD Securities. TDS has recently argued that silver was increasingly trading as an industrial metal.
TDS: silver could become ‘explosive’ metal Read More »
(Kitco News) – A “green light” for the U.S. Federal Reserve’s balance sheet to continue growing should keep underpinning gold and silver, said BMO Capital Markets.
BMO: growing Fed balance sheet to underpin gold, silver prices Read More »
(Kitco News) – Global equities pulled back overnight, the U.S. dollar strengthened and gold eased on profit-taking, said Bannockburn Global Forex.
Bannockburn: ‘gold is weaker amid some profit-taking’ Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are weaker Thursday, on a normal corrective pullback and some chart consolidation. A bullish triangle pattern is still in place on the daily chart.
Bitcoin daily chart alert – Normal corrective pullback seen – May 21 Read More »
