The U.S. State Department late Friday announced it had approved two arms sales to Israel and Saudi Arabia worth $6.67 billion and $9 billion. The sales come as the Trump administration moves forward with its peacekeeping plan in Gaza and amid the threat of U.S. military strikes in Iran. Thirty Apache helicopters with rocket launchers […]Read More
Senate Republicans and Democrats cut through partisan rancor and sent a retooled government spending package to the House Friday evening after President Donald Trump struck a deal to sate Democrats’ demands. Though lawmakers were able to advance the revamped five-bill package without the controversial Department of Homeland Security (DHS) funding bill and a two-week funding […]Read More
Speaker Mike Johnson, R-La., urged House Republicans on a lawmaker-only call to rally behind President Donald Trump after the commander in chief struck a deal with Senate Democrats to avert a prolonged government shutdown, Fox News Digital was told Friday evening. The top House Republican admitted to being ‘frustrated’ by the result, sources told Fox […]Read More
A Panamanian court has voided a port contract held by a Hong Kong subsidiary, prompting assurances from President José Raúl Mulino that canal traffic will not be disrupted. The court ruled Thursday that the port concession granted to Panama Ports Company — a subsidiary of Hong Kong’s CK Hutchison Holdings — was unconstitutional. The decision […]Read More
Gold and silver are wrapping up a record-setting week once again. Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to smash through US$5,500. Silver was […]Read More
Statistics Canada released November’s gross domestic product (GDP) data on Friday (January 30). The numbers show that the economy remained flat overall with the prior month, following a 0.3 percent decline in October. The goods-producing industries fell by 0.3 percent in November, weighed down by a 1.3 percent contraction in manufacturing and a 2.1 percent […]Read More
Did gold and silver just experience a blow-off top, or do they have more room to run? Lobo Tiggre, CEO of IndependentSpeculator.com, shares his thoughts on what’s going on with the precious metals, and how investors may want to position. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in […]Read More
Ross Beaty of Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Pan American Silver (TSX:PAAS,NASDAQ:PAAS) shares his thoughts on gold and silver’s record-setting runs. While high prices are exciting, he noted that even US$50 per ounce silver is good for miners. ‘At the end of the day, there’s still great value in the silver equities,’ Beaty said. Securities Disclosure: […]Read More
Optimism was building at last year’s Vancouver Resource Investment Conference (VRIC), with fresh capital flowing back into the mining sector, lifting project financings and investor portfolios alike. This year’s VRIC, which ran from January 25 to 26, saw that optimism tip into outright exuberance. Record-breaking gold and silver prices drew a larger, more diverse crowd, […]Read More
Here’s a quick recap of the crypto landscape for Friday (January 30) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$83,812.01, down by 0.4 percent over 24 hours. Bitcoin price […]Read More
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