Gold futures decline Friday morning, and were set for a third straight drop as bullion lost its perch at $1,700, amid a rise in the U.S. dollar to around three-month highs and a rise in U.S. Treasury yields.
The Avino Silver & Gold Mines Ltd. ( TSE:ASM ) share price has had a bad week, falling 16%. On the other hand, over the...
By Gina Lee
Poland's state-run mining company, KGHM, plans to sell its Robinson and Carlota copper mines in the United States and reinvest the proceeds in its domestic operations, two banking sources told Reuters. KGHM, one of Europe's biggest copper and silver producers, became the owner of the U.S. mines in 2012, when it bought rival Canadian Quadra FNX. Copper, a highly efficient conductor of electricity and heat, is in high demand for use in renewable energy systems to generate power and in electric vehicles.
Natural gas prices whipsawed again on Thursday and tumbled 2.3%, following a smaller than expected draw in natural gas inventories. Natural gas prices whipsawed but moved lower and appear to be caught in a wide range. Medium-term momentum remains negative as the MACD (moving average convergence divergence) histogram prints in the red with a downward sloping trajectory which points to lower prices.
Q4 2020 Great Panther Mining Ltd Earnings Call
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go to 5 Best Junior Gold Mining Stocks to Buy Now. Investing in junior gold mining stocks is a high-risk, high-reward strategy. Junior gold mining companies […]
Silver markets have pulled back a bit on Thursday as the $26 level is without a doubt one of the most important support levels in the short term.
Q4 2020 Avino Silver & Gold Mines Ltd Earnings Call
Silver continues to test the nearest support level at $25.85.
The EIA is scheduled to release its weekly storage report at 15:30 GMT. NGI’s model estimated a 135 Bcf withdrawal for the week-ended February 26.
Gold is 0.3% higher this morning, as it is still trading within a short-term consolidation.
On March 3, President Biden agreed to imply stricter income limits on the next round of stimulus checks payouts.
(Bloomberg) -- Few saw the surprise disclosure earlier this week that the American Petroleum Institute is considering endorsing a price on carbon dioxide emissions and thought the fierce fossil fuel lobby was suddenly becoming climate-friendly. Rather, seasoned industry-watchers say it’s the clearest sign yet that fossil fuel companies see Washington’s shift on climate policy as a real and significant threat.A carbon price—whether in the form of an emissions trading scheme or a tax on planet-warming pollution—seems antithetical to the fossil fuel industry’s interests, as it would effectively make their core product more expensive for consumers. Large oil and gas companies are likely worried that any other potential action from the Biden administration would be worse for them, said Joe Aldy, a public policy professor at the Harvard Kennedy School who previously served as a special assistant to former President Barack Obama. “They think the alternative climate policy may be a lot of regulations they would view as burdensome and inefficient.”But the policy itself has a number of silver linings for polluters. For starters, unlike regulations restricting drilling or mandating clean energy, a carbon tax wouldn’t bar companies from extracting natural gas or force the fossil fuel out of the nation’s electricity mix. It could also drive investments in direct-air carbon capture and other technologies that would prolong the use of fossil fuels as a power source.In the short run, putting a price on greenhouse gas emissions could give natural gas an even greater edge over dirtier-burning coal.“All of the oil majors have natural gas assets they are trying to protect, and this is a way to do that,” said Mike McKenna, a former deputy director of the White House Office of Legislative Affairs. “Once they became natural gas companies and started competing in the electricity space, it was just a matter of time till they wanted to rub coal out.”Megan Bloomgren, senior vice president of communications at API, said in a statement that the industry is “evolving,” and that API is “focused on supporting a new U.S. contribution to the global Paris agreement.”A carbon tax has long been a favorite tool of economists, who say it’s a simple, efficient way to discourage emissions and ensure that the negative costs of climate change are embedded in the price of carbon-intensive products, from gasoline to cement. Right now, “we all pay the cost” of greenhouse gas emissions, special presidential envoy for climate John Kerry wrote in an op-ed last November. But a carbon price would put the onus on the ones doing the emitting, spurring companies and consumers to reduce their output, Kerry said. Years before she became Biden’s treasury secretary, former Federal Reserve Chair Janet Yellen dubbed a carbon tax “the textbook solution to the problem of climate change.”It’s also a favored tool of the business community. Scores of companies, including solar developers and operators of nuclear power plants, have backed a plan to tax carbon dioxide and distribute revenue to consumers, including giants such as Exelon Corp. and First Solar Inc. The Chamber of Commerce and Business Roundtable have made their own pivots on the issue, attracted by the promise of a consistent policy that wouldn’t shift with each election cycle.But many environmentalists are deeply skeptical of working with the fossil fuel industry on anything. They suspect there are catches to oil companies’ support—including, for example, demands that a carbon tax be paired with environmental deregulation.Kathy Mulvey, the accountability campaign director for the Climate and Energy Program at the Union of Concerned Scientists, said API has a long history of disinformation when it comes to climate change that undermines its credibility on the issue. In 1998, the lobbying group coordinated a media campaign to highlight “uncertainties” in climate science, then waged war against the last carbon-pricing scheme to gain traction in Congress, the Waxman-Markey cap-and-trade bill, which died in the Senate in 2010.“After decades of deception that have delayed action and exacerbated the climate crisis, API doesn’t get to set a ceiling on the scope and ambition of U.S. climate policies,” Mulvey said.The concerns on the environmental side appear to have a solid foundation. The carbon tax-and-dividend plan that has emerged as businesses’ favored model in Washington, for example, would also preempt regulations governing carbon dioxide emissions from power plants and other industrial facilities. That horse trade is seen as an essential ingredient to retaining business support and luring Republican votes, but it’s anathema to many Democrats who want a belt-and-suspenders approach to climate regulation.The shift in attitude among oil and gas companies came as majors in the industry began making investments in electric vehicles, natural gas, and renewable energy, which stand to benefit from a carbon price. Exxon Mobil Corp. endorsed a revenue-neutral carbon tax in 2009, and has already devoted lobbying dollars to the current push for legislation; so have ConocoPhillips, BP Plc and Royal Dutch Shell Plc. The policy could even give them a competitive advantage against smaller, independent oil producers and refiners—many of which are also API members—whose sole products are emissions-intensive fossil fuels, a situation that could cause tension in the ranks.Supporting a carbon price would also give API and its members political cover from increasingly aggressive shareholders determined to ensure that oil companies’ ambitious carbon-cutting plans aren’t contradicted by their lobbying efforts. API has consistently opposed subsidies for EVs, which represent a threat to gasoline demand. Under the Trump administration, the group supported rolling back regulations directly limiting emissions of methane, a potent heat-trapping gas. API changed tacks on methane in January, saying that it was willing to work with the Biden administration on replacement rules. Not long after, Total Corp. announced it wouldn’t renew its API membership, citing the group’s lobbying positions and its support of candidates opposed to U.S. participation in the Paris climate agreement. Activists are now pressuring BP and Royal Dutch Shell—both of which have made pledges to reach net-zero emissions by 2050—to pull out of API, as well.A carbon tax would be difficult to enact in any political environment—many lawmakers still have battle scars from the 1993 debate over a heat energy tax blamed for helping Republicans take control of the House a year later. But it’s especially tricky now given the closely divided Senate and concerns about imposing new energy costs on a pandemic-ravaged economy.Oil industry support could help change the calculus on Capitol Hill. Some more centrist Republicans—including Senators Lisa Murkowski of Alaska and Mitt Romney of Utah—have indicated they are open to the idea. Even some lawmakers from coal-rich states, such as Democratic Senator Joe Manchin of West Virginia, have kept the door open to a carbon tax that could dole money to mining towns planning a new future beyond fossil fuels.API leaders and members are discussing a possible statement endorsing an economy-wide price on carbon this week, with a formal vote by the group potentially late this month. Aldy warned that if policy-watchers want a real sense of a carbon price’s potential future, they should pay attention to how far oil companies are actually willing to go to make it happen. “The real question is not whether they issue a statement saying they support it, but do they actually start throwing political capital behind it?” he said. “Do they make it possible for moderate Republicans to support this?”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Full Year 2020 MMG Ltd Earnings Call
The average consumer mostly buys affordable everyday items, there's plenty of expensive stuff on offer, too. Check out the priciest things you can order.
Gold futures fall Wednesday, ending the session near their lowest in nine months, as U.S. Treasury yields resumed their rise and the dollar firmed, following the first gain for the precious metal in six sessions on Tuesday.
Yes, you can invest in actual gold or other precious metals for your IRA. See the special rules for gold IRAs and what to consider before investing.
Silver has pulled back significantly on Wednesday as the US dollar has picked up a little bit of strength. That being said, there is still plenty of support.
Crude oil has shot higher on Wednesday as it is reported that sources close to OPEC + have been informed that production cuts will continue into April.
Gainers Bit Digital (NASDAQ:BTBT) stock rose 16.36% to $18.2 during Wednesday's pre-market session. The market value ...
Anatoly Karlin's prediction looks intact.
What Happened:Digital asset bankSilvergate Capital Corporation(NYSE: SI)’s shares are up 120% since January and ...
Gainers Solid Biosciences Inc. (NASDAQ: SLDB) shares surged 41.8% to close at $9.74 on above-average session volume. TimkenSteel ...
Gainers Yunhong CTI Ltd. (NASDAQ: CTIB) shares jumped 64.1% to $3.8899. Vascular Biogenics Ltd. (NASDAQ: VBLT) gained 37.7% to ...
Is this the beginning of the big Bitcoin crash we warned about last time, or just another pullback?
Buying shares of Signature Bank is a cheap way to gain exposure to cryptocurrencies, such as bitcoin, according to BofA Securities analyst Ebrahim Poonawala, prompting him to raise his price target by 15%.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Companies are considering Bitcoin for long-term investment and asset preservation. These seven have either made big BTC buys or could be mulling them soon. The post 7 Companies Poised To Make Disruptive Bitcoin Moves in Next 12 Months appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency
This morning 194 companies reached new 52-week highs. Interesting Facts: JPMorgan Chase (NYSE:JPM) was the ...
The bank has seen huge growth in recent months, but can it continue long term?
In the whirlwind of the pandemic, most businesses experienced chaos. From shuttered physical stores to the rapid rise of online activity, only a select few companies successfully weathered the storm.
Siemens Government Technologies Secures Contract Valued up to $21 million for Electronic Security & Maintenance Services on Florida's Space Coast
On Tuesday, 596 companies set new 52-week highs. Intriguing Points: PayPal Holdings (NASDAQ:PYPL) was the ...
InvestorsObserver issues critical PriceWatch Alerts for TSLA, TLRY, GE, SI, and LEN.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Non-crypto stocks like MARA, MSTR stock and GBTC stand to benefit from the Bitcoin all-time high and bullish Bitcoin price predictions. The post Bitcoin Boom: 9 Non-Crypto Stocks Boosted by BTC Exposure appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Stock for the Green Energy Boom
The bank is likely trading higher after Tesla announced it is buying $1.5 billion of bitcoin and as the 10-year treasury yield ticked higher.
During the morning session on Friday, 389 stocks hit new 52-week highs. Noteworthy Highlights: The largest ...
Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced that Alan Lane, chief executive officer, and Ben Reynolds, chief strategy officer, will present at Canaccord Genuity’s Digital Assets Symposium at 4:30 p.m. EST on Wednesday, February 10, 2021.
During Thursday's morning session, 255 companies made new 52-week highs. Facts of Interest: The largest ...
The unique payments infrastructure the bank has built has attracted big-name fintech clients that bring in lots of deposits and fee income.
Toward the end of trading Tuesday, the Dow traded up 1.92% to 30,792 while the NASDAQ rose 1.78% to 13,642.45. The S&P also rose, ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Even with the market at historic highs, there are still plenty of young growth stocks that have their whole future ahead of them. The post 7 A-Rated Growth Stocks To Buy For Today And Tomorrow appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now.
Emerald’s team of 13 investment analysts and 12 companies outlook for 2021 at the Emerald Groundhog Day Investment Forum streams online February 4th.
A video game retailer? A movie theater operator? If the point is fighting Wall Street, here are better candidates.
The bank recently announced a common stock issuance of $250 million at an offering price that valued the bank at 4 times book value.
All of these banks are creating payments systems and/or lending products that cater to institutional investors in the crypto space.
Silvergate Capital Corporation (“Silvergate” or the “Company”) announced today that it has completed its underwritten public offering of 4,563,493 shares of Class A common stock at a price of $63.00 per share, before underwriting discounts, including 595,238 additional shares of Class A common stock upon the exercise in full by the underwriters of their option to purchase additional shares.
During the morning session on Monday, 372 stocks hit new 52-week highs. Highlights: Apple (NASDAQ:AAPL) was ...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Silvergate Capital Corp (SI), where a total volume of 5,603 contracts has been traded thus far today, a contract volume which is representative of approximately 560,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.8% of SI's average daily trading volume over the past month, of 1.1 million shares..
In trading on Friday, the SPDR— S&P— Regional Banking ETF is outperforming other ETFs, up about 0.7% on the day. Components of that ETF showing particular strength include shares of Silvergate Capital, up about 12.1% and shares of Svb Financial Group, up about 6.3% on the day.
Silvergate Capital Corporation (“Silvergate” or the “Company”) announced today the pricing of an underwritten public offering of 3,968,255 shares of Class A common stock at a price to the public of $63.00 per share pursuant to an effective Registration Statement on Form S-3 previously filed with the Securities and Exchange Commission (“SEC”). The Company also granted the underwriters a 30-day option to purchase up to an additional 595,238 shares of Class A common stock.
Gainers Vinco Ventures, Inc (NASDAQ: BBIG) shares climbed 360.5% to $7.09 after the company, along with its subsidiary, Vinco ...
Silvergate Capital Corporation (“Silvergate” or the “Company”) announced today the launch of an underwritten public offering of $200 million of shares of Class A common stock pursuant to an effective Registration Statement on Form S-3 previously filed with the Securities and Exchange Commission (“SEC”). The Company also expects to grant the underwriters a 30-day option to purchase up to an additional $30 million of shares of Class A common stock.
Silvergate Capital Corporation (“Silvergate” or “Company”) (NYSE:SI) and its wholly-owned subsidiary, Silvergate Bank (“Bank”), today announced financial results for the three and twelve months ended December 31, 2020.
The Emerald Groundhog Investment Forum goes virtual this year: online on February 4th with analysis and insights for growth-oriented investors.
Upgrades For Sempra Energy (NYSE:SRE), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Sempra ...
Investors in Silvergate Capital Corp (SI) saw new options become available today, for the August 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 219 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration..
Silvergate Capital Corporation (NYSE:SI) (“Silvergate” or the “Company”), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced that it will release its fourth quarter and full year 2020 financial results after market close on Monday, January 25, 2021, and will host a conference call at 5:00 p.m. (Eastern Time) the same day.
Gainers Zomedica Corp. (NYSE: ZOM) shares surged 92.2% to close at $0.93 on Monday after surging 21% on Friday. The company, last ...
Gainers Zomedica Corp. (NYSE: ZOM) shares jumped 77.5% to $0.8591 after surging 21% on Friday. The company, last week, appointed ...
Silvergate Capital and Ontrak have massive runways for growth in the new year.
Upgrades According to Truist Securities, the prior rating for Pioneer Natural Resources Co (NYSE:PXD) was changed from ...
Gainers Big Rock Partners Acquisition Corp. (NASDAQ: BRPA) shares surged 60.4% to close at $24.60 on Monday. Nantkwest Inc ...
Midway through trading Monday, the Dow traded down 0.51% to 30,026.31 while the NASDAQ fell 0.89% to 12,642.15. The S&P also fell, ...
Gainers 500.com Limited (NYSE: WBAI) shares climbed 125.7% to $6.07 after the company announced a $23 million investment from ...