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We’ve seen a lot of unusual activity in the gold market over the past few months. And a fund manager named Michael McNair is looking at some of the footprints, and believes the US treasury may have already begun implementing chairman of the Council of Economic Advisors Stephen Miran’s ‘gold-to-FX’ playbook. To find out why,…
A high-level meeting is going on at Prime Minister Narendra Modi’s residence in Delhi. Defence Minister Rajnath Singh has already arrived at the meeting. An important meeting with PM before DGMO meeting to be held at 12 noon today, May 12. NSA Ajit Doval is also present alongwith CDS Anil Chauhan, Army Chief Upendra Dwivedi,…
Top military officials from India and Pakistan are due to speak later on Monday to discuss finer details of the ceasefire agreed between them on Saturday. The US-brokered ceasefire between the nuclear-armed neighbours appears to have held overnight after nearly four days of intense shelling and aerial incursions from both sides. On Saturday, President Donald…
Gold and silver prices are selling off this morning after yesterday’s latest rally. But with the gold price still at historic levels, Citi just put out a report talking about how the miners have become a ‘once in a 40 year gift’ whose time has come. Vince Lance looks at why they’re saying that, and…
Bank Nifty, similar to the strength in the broader markets, showcased significant gains to the tune of over 3 per cent or 1,700 points at the day’s high. At the last count, at around 11:28 am, traded higher by 3.19 per cent at 55,305. Of the 12 stocks making the Nifty Bank index– 11 of…
As the trade war carries on, tensions remain with China, Trump has now raised the possibility of additional banking sanctions on Russia, and now Japan, a US ally, and the other largest holder of US treasuries along with China, has opened the door to the possibility of selling. Which is the kind of statement that…
It’s been a chaotic few months in the gold market ever since Trump started raising tariffs. The bullion banks at times have struggled to keep up with their price target upgrades, but with the gold price somewhat settling in the $3,200-3,400 range in the past 2 weeks, Vince Lanci takes a look at what the…
Dr V Narayanan, Chairman, ISRO (file photo) | Photo Credit: ANI ISRO Chairman Dr V Narayanan said that 10 satellites are continuously working for a strategic purpose to ensure the safety and security of the country’s citizens. Speaking at the convocation ceremony of the Central Agricultural University in Imphal, Manipur, on Sunday, he said India…
Fortuna Reports Earnings, & Record Free Cash Flow Of $111.3 Million In Q1 (w/CEO Jorge Ganoza & Analyst Dave Kranzler) Fortuna Mining released 1st quarter earnings this morning, that included record free cash flow of $111.3 million in Q1. And to go through the results, Fortuna CEO Jorge Ganoza joins along with mining analyst Dave…
First Majestic reported a record cash and liquidity position with $462.6M in cash and $544.4M in total liquidity, following the completion of its merger with Gatos Silver. To find out more, click the link below to watch the video now! Source link
