Kinesis money

Why juniors could trade higher, and what could hold them back With all the money raised, juniors should have the means to post lots of drill results this fall, said James Kwantes, editor of Resources Opportunities. Kwantes was joined by special correspondent Paul Harris; editor Neils Christensen; and mining audiences manager, Michael McCrae, to record a podcast on Friday. In recent months the financing tracker Oreninc noted some exceptional weeks for juniors raising funds on the back of higher precious…

MIT professor – this new battery could change the world, these metals needed In order to transition towards a fully renewable energy-based economy, the problem of intermittency in non-fossil fuel electricity generation first needs to be solved, said Donald Sadoway, professor of materials chemistry at MIT. “I wanted something that was versatile and could go wherever you needed to have the gap, bridge, when the sun isn’t shining and wind isn’t blowing,” Sadoway told Kitco News. Sadoway, who was named…

Global stocks falter as tech stays weak, dollar dips after three-day run NEW YORK (Reuters) – A gauge of global stocks fell for a second straight day on Friday and marked its biggest weekly percentage drop in nearly three months, while the dollar ran out of steam, ending a three-day run higher, after a U.S. payrolls report painted a weaker economic picture. U.. job growth slowed in August as financial aid from the government was depleted, with nonfarm payrolls increasing…

U.S equities move strongly lower, after hitting new record highs yesterday After hitting new all-time record highs in both the NASDAQ composite and S&P 500, profit-taking and selling pressure today took all three major indexes dramatically lower. The largest drawdown today occurred in the indices that has performed the best of all three major indexes, the NASDAQ composite. After closing above 12,000 yesterday the NASDAQ composite opened at 11,859 this morning, and was at 11,458 by the close. The selling…

Silver is now trading like a currency look for higher prices – Kootenay Silver CEO Silver has seen significant momentum in the last two months as it is now outperforming gold. One mining executive said that all-time highs are not out of reach for the precious metal with this strong tailwind. In an interview with Kitco News on the sideline of the Mines and Money Online Connect global virtual mining conference, Jim McDonald, CEO of Kootenay Silver, said that unprecedented…

Silver's fundamentals are stronger than gold – Randy Smallwood The gold/silver ratio continues to hover near its lowest level in a month as silver continues to play catchup within the precious metals markets. On the sidelines of the Mines and Money Online Connect virtual mining conference, Randy Smallwood, president and CEO of Wheaton Precious Metals, said that now is silver's time to shine. It is only a matter of time before the metal follows in gold's footsteps and hit record…

Anglo Australian eliminates all third-party royalties at Mandilla Gold Project Anglo Australian Resources (ASX: AAR) reached agreements to end royalty payments at its Mandilla Gold Project, located 70km south of Kalgoorlie in Western Australia. The first royalty holder, which was due to receive $1 per tonne of gold ore mined and treated, will receive 1,142,588 ordinary AAR shares at a deemed issue price of $0.175 per share The second royalty holder will receive a US$400,000 paylout. The extinguished royalty agreement…

A split congress in November would be bad for gold – Forexlive.com Although the gold market has struggled to hold on to $2,000 an ounce, one market analyst encourages investors to look past the current volatility and focus on the broader trend currently in place. Adam Button, chief currency strategist at Forexlive.com, said that he sees the current price action as a healthy consolidation period. "If you think about a long-term bull market, you don't want to see a nonstop…

The ‘J. Powell Paradox’ and Gold Pricing The ‘J. Powell Paradox’ is a scenario in which the Federal Reserve begins to send out signals indicating moves in the future, which are then backed up by a more comprehensive explanation of what the Fed is planning on doing, and their intent or desired result from these actions. However, market participants are not quick to react to the anticipated changes. In some cases, this creates a knee-jerk effect opposite to what the…