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Thomson Resources’ NSW silver projects acquisition continues to excite investors

Technology Metals Australia gains after revealing off-take deal with Sinosteel Australia

Minotaur Exploration benefits from joint venture partner Andromeda Metals’ test work ASX silver, iron-vanadium and rare earths stocks are leading the small cap resources winners in morning trade Friday, November 13. ASX investors continued to warm to Thomson Resources’ (ASX:TMZ) plan to acquire two silver deposits in NSW from Silver Mines (ASX:SVL). The stock put on up to 40 per cent in Friday’s morning session, after gaining 30 per cent on Thursday. Thomson Resources chairman, David Williams, called the acquisition “game-changing” for the company.Acquiring the Conrad and Webbs silver projects in NSW’s New England Fold Belt will diversify the company’s assets.The company plans to bring its new silver projects into production quickly, said Williams.Silver Mines is taking a […]

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An employee arranges gold bars for a photograph at the YLG Bullion International headquarters in Bangkok, Thailand.

Dario Pignatelli | Bloomberg | Getty Images

Gold prices were little changed on Friday, as fears of an economic impact due to a surge in global cases of Covid-19 countered optimism from the developments in a potential vaccine. Fundamentals

Spot gold was steady at $1,876.92 per ounce by 0044 GMT. It was headed for its worst weekly performance since late-September, declining 3.8% so far.U.S. gold futures were up 0.1% at $1,874.50.The dollar index held steady but was on track for a 0.7% weekly gain.The heads of the Federal Reserve and the European Central Bank welcomed the encouraging results in trials of a vaccine candidate for Covid-19 but stressed that the economic outlook will remain uncertain.The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace […]

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A client note via RBC on the metal, the bank sees factors still prevalent to support the price ahead:

While we may have seen a reset of sorts in gold’s valuation, its path is not predetermined as we barrel towards 2021 While the market seems to have priced in a new normal for now, prices remain elevated beyond where many macro drivers would imply on their own, as uncertainty still pervades.

even putting the risk of a viral resurgence aside, an effective vaccine will take time to distribute, the economy will take time to recover, and prolonged political uncertainty remains a worry.

While investor flows as measured by ETF flows have levelled out for the most part, we believe that there is still a clear appreciation for gold amid all the uncertainty that still persists. Thus, while the "light at the end of the tunnel" may […]

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Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) It’s almost time to celebrate Diwali, known as the Festival of Light, during which it is a tradition to purchase gold. But how will the coronavirus pandemic and high prices dent demand this year?

Diwali always grabs markets’ attention and this year’s celebrations begin on Friday with Dhanteras — the most auspicious day to buy gold jewelry for Hindus, which is dedicated to Lakshmi, the Hindu goddess of wealth and prosperity.

"The ‘Festival of Lights’ goes back thousands of years and marks the start of the Hindu New Year; it is a Lunar Festival and falls either in October or November," said Rhona O’Connell, head of market analysis for EMEA and Asia regions at StoneX. "The first day of […]

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By Doug Winter – RareGoldCoins.com ……

As a companion piece to the Sunnyvale Collection of Classic Head half eagles that they offered for sale in mid-October 2020, Douglas Winter Numismatics (DWN) creating a guide for assembling a set of these interesting coins.

* * *

Classic Head half eagles were struck from 1834 through 1838. They form a bridge between the early gold issues (those struck from 1795 through 1834) and the ubiquitous Liberty Head issues, struck from 1839 through 1908.A basic set of Classic Head half eagles contains eight coins: six issues from Philadelphia (the 1834 is found with a Plain 4 and a Crosslet 4 ), and one each from Charlotte and Dahlonega . None of these is rare from the standpoint of overall availability, but the two branch mint coins are very scarce in higher grades as is the 1834 Crosslet 4. As a rule, the Philadelphia coins […]

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Nov 13 (Reuters) – Gold prices were little changed on Friday, as fears of an economic impact due to a surge in global cases of COVID-19 countered optimism from the developments in a potential vaccine. FUNDAMENTALS * Spot gold was steady at $1,876.92 per ounce by 0044 GMT. It was headed for its worst weekly performance since late-September, declining 3.8% so far. * U.S. gold futures were up 0.1% at $1,874.50. * The dollar index held steady but was on track for a 0.7% weekly gain. * The heads of the Federal Reserve and the European Central Bank welcomed the encouraging results in trials of a vaccine candidate for COVID-19 but stressed that the economic outlook will remain uncertain. * The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be […]

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World’s First Global Real Estate Exchange Platform Capable of Converting Ultra-Luxury Residential Properties Into Digital Investments

AUSTIN, Texas, Nov. 12, 2020 (GLOBE NEWSWIRE) — Gold Gate today announced the launch of its high-end platform where high-net-worth individuals, professional athletes, family offices, and foreign investors can acquire fractional ownership in ultra-luxury real estate properties throughout the world.

“Our platform offers users more time, wealth, flexibility in where they live, and control over their lives,” states Dalton Skach, CEO and founder of Gold Gate. “Gold Gate is going to change the way that people live, invest, and travel forever. You don’t have to be confined to one property, in one location. Gold Gate offers the opportunity to become a citizen of the world.”

The online platform provides high-net-worth individuals around the world with the opportunity to acquire luxury real estate properties at a fractional level (1 to 12 months), for the purpose of […]

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The holdings rose by $3.6 billion, or 0.62 percent, from October 30 to November 6. The growth was supported by “positive exchange rate revaluation and higher gold prices,” according to the regulator.

The country’s international reserves are highly liquid foreign assets comprising stocks of monetary gold, foreign currencies, and Special Drawing Right (SDR) assets, which are at the disposal of the Central Bank of Russia and the government. The holdings have surpassed the target level of $500 billion set by the regulator in June 2019 and remained above the threshold ever since.

Despite the impact of the coronavirus pandemic on the country’s economy, forcing the government to increase spending to support businesses and households, Russia has continued to boost its gold and foreign currency reserves this year.

The assets have increased by $31.6 billion over the past ten months, though the pace of growth has slowed since 2019. According to the bank’s […]

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Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – In the third quarter, for the first time in nearly a decade, central banks became net sellers of gold . However, according to a report from Invesco, central banks are expected to maintain a firm grip on their gold reserves.

The international investment firm conducted a central bank survey between August and September as gold prices pushed to an all-time high above $2,000 an ounce.

According to the results survey, participants expect to see that central bank gold reserves will continue to increase during the next 12 months.

At the same time, the survey noted that the COVID-19 pandemic had not impacted central banks’ views on gold . Around 25% of respondents said they view gold as a more […]

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The U.S. reported more than 144,000 new cases for Wednesday, up about 4,000 from the day before, according to data compiled by Johns Hopkins University. The total number of confirmed cases nationwide topped 10.4 million.

Still, the precious metal is off 4.6% so far this week, according to FactSet data, after its worst daily drop in seven years was prompted by news from Pfizer PFE, -0.46% and BioNTech BNTX, -2.93% of an effective coronavirus vaccine.

“Gold has not yet managed to recover after the $100 collapse which followed Pfizer’s vaccine announcement as investors moved to riskier assets,” wrote Carlo Alberto De Casa, chief analyst at ActivTrades in a daily note.

“The bullion price is stagnating at $1,870 without being able to achieve significant and stable recoveries,” the commodity strategist wrote. “The main scenario remains risk on, even if it seems likely that some traders will take home some profits over the next […]

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Veteran commodities trader Larry Williams offers advice for investing in oil and gold. Commodities traders have been bombarded by a constant flow of market-moving news this year, from the U.S.-China trade deal to the pandemic and the U.S. presidential elections. But veteran trader Larry Williams has some sound advice: don’t get sucked in by the news of the day, and focus on the fundamentals.

The commodities market is “influenced largely by supply and demand,” says Williams, author of several books on trading, including Long-Term Secrets to Short-Term Trading . He’s also the developer of the Williams %R , a momentum indicator, which can determine if a market is overbought or oversold, and he runs the website IReallyTrade.com, which offers stock-trading and investing courses.

Williams says you really “need to study fundamentals in these markets to get a longer-term view of them.” In other words, tune out the noise and you’ll get […]

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Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here!

( Kitco News ) – Gold futures prices are solidly up in midday U.S. trading Thursday. Safe-haven demand is featured late this week as the early-week stock market rallies are now becoming suspect amid the spike in Covid-19 cases in the U.S. and Europe. The precious metals are also seeing some support from a weaker U.S. dollar index on this day. December gold futures were last up $19.60 at $1,881.30 and December Comex silver was last up $0.173 at $24.44 an ounce.

Global stock markets were mixed overnight, while U.S. stock indexes are mixed to lower at midday. The U.S. has seen over 240,000 deaths and more than 10.3 million confirmed Covid-19 infections, with new cases soaring to […]

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Gold prices edged higher and are consolidating just above support levels. The 10-year US treasury yield reversed course as riskier assets such as stocks moved lower. The dollar moved higher but failed to put downward pressure on gold. US CPI was flat and was the tamest it’s been in 2020. US jobless claims continued to move lower.

Trade gold with FXTM Technical analysis

Gold prices edged higher near support levels which coincides with the September lows at 1,848. Resistance is seen near the 10-day moving average at 1,896 and then the 50-day moving average at 1,908. Short-term momentum is negative as the fast stochastic generated a crossover sell signal. The fast stochastic has stopped accelerating lower and is currently printing a reading of 19, below the oversold trigger level of 20 which could foreshadow a correction. Medium-term momentum has turned negative as the MACD (moving average convergence divergence) index generated […]

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Gold futures are trading higher late in the session on Thursday on concern over the logistics of a potential COVID-19 vaccine roll-out as U.S. case continued to surge, while hopes of more fiscal and monetary stimulus offered support to the precious metal.

Gold was generally supported by a plunge in U.S. Treasury yields that drove the U.S. Dollar lower. The drop in the greenback made dollar-denominated gold a more attractive investment.

Daily December Comex Gold Daily Swing Chart Technical Analysis

The main trend is down according to the daily swing chart. A trade through $1848.00 will signal a resumption of the downtrend. The main trend will change to up on a move through $1966.10.The main range is $1690.10 to $2089.20. The market is in a position to close inside its retracement zone at $1889.70 to $1842.60 for the fourth straight session. This tells us that this zone is controlling the near-term […]

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Pre-Diwali Dhanteras sales of gold and silver kicked off on Thursday but overall business is likely to be a muted affair in view of sharp rise in prices and subdued demand due to the COVID-19 induced economic hardship, according to jewellers and industry experts. Although the buying sentiment has improved after the COVID-19 curbs were relaxed, consumers are still wary of investing in precious metal at current high rates, they said.

Jewellers also said they are recycling old jewellery stock to meet the festive and wedding season demand. Besides, a caution still prevails among people while coming out of their homes for shopping amid rising COVID-19 cases in key consuming markets across the country, and consumers in view of the pandemic have made advanced booking through online jewellery platforms, they added.

Dhanteras, considered the most auspicious day in Hindu calendar for buying items, ranging from precious metals like gold and silver […]

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Summary

This Buffett holdings list from Kiplinger first appeared 8/17/20 on line. YCharts and Dogs of The Dow also tracks this Buffett/Berkshire Batch. Here is your update as of 11/10/20.

28 of 44 Berkshire-Hathaway-owned-stocks pay dividends. As of 11/10/20 the top-ten ranged 2.97%-5.25% by annual yield and ranged 21.07%-118.69% per broker-estimated price-target-upsides.

Top ten of 28 Buffett-held dividend stocks ranged 10.77% to 28.76% in net gains calculated from broker targets, plus dividends, less broker fees.$5k invested in the lowest-priced five top-yield Buffett/Berkshire-held November dividend dogs showed 68.48% more net-gain than from $5k invested in all ten. Little low-priced Buffett-collected dogs dominated his November portfolio. Looking for a portfolio of ideas like this one? Members of The Dividend Dog Catcher get exclusive access to our model portfolio. Get started today » Foreword James Brumley says in Kiplinger Investing :"Rich people often get perpetually richer for a reason, so it could be worthwhile […]

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