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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) Gold is “one of most undervalued” assets currently available, according to one American investment management firm. New York-based Elliott Management made the claim
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 — Published: Wednesday, 13 May 2020 | Print  | Disqus  Thomas Luongo There’s been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash. From hedge fund manager Ray Dalio pronouncing ‘Cash is trash’ earlier this year to the fear-mongering surrounding COVID-19 making people fearful of dealing in
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 — Published: Wednesday, 13 May 2020 | Print  | Disqus  By Ricky Wen Overnight price action overshot to 2830 support on the Emini S&P 500 (ES), bottoming out at 2825.25, as price was oversold given the 100-point drop from the 2930s. As of the regular trading hours open, the ES was around the same spot
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LONDON, May 13 (Reuters) – Elite athletes should adhere to government guidelines on social distancing unless an exception has been made when they restart training, Britain said in guidance for how sports can resume after the coronavirus lockdown. “Organised training should only be resumed where government guidelines on social distancing can be adhered to, considering
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PARIS (Reuters) – Neighbourhood bookstores in France survived the television and later the advent of online shopping. Then came the coronavirus lockdown, an eight-week-long hiatus that has weighed heavily on profit margins and threatens the survival of some stores. Bookseller Philippe Seyrat, wearing a protective face mask, arranges books at La Sorbonne bookstore in Nice
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BRUSSELS (Reuters) – The European Union’s borders must reopen fast as coronavirus transmissions ease, with air passengers wearing masks, the bloc’s executive was to say on Wednesday in efforts to salvage the ravaged tourism sector for the lucrative summer season. FILE PHOTO: A view shows the empty beach of the Promenade des Anglais in Nice
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BRUSSELS (Reuters) – Shoppers cut spending on ready-made meals and bought more fruit and vegetables, turning to healthier eating during coronavirus lockdowns, preliminary results of a research project showed. Vegetables are seen in a shop specialising in organic food and natural products in Halle, Belgium May 12, 2020. Picture taken May 12, 2020. REUTERS/Yves Herman
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LONDON (Reuters) – British researchers will study the genes of thousands of ill COVID-19 patients to try to crack one of the most puzzling riddles of the novel coronavirus: why does it kill some people but give others not even a mild headache? FILE PHOTO: Small bottles labeled with a “Vaccine COVID-19” sticker and a
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MUMBAI (Reuters) – The Pakistan Cricket Board (PCB) will not rush into a decision about their upcoming tour of England amid the ongoing COVID-19 crisis, Chief Executive Wasim Khan has said. England are scheduled to host the South Asian side for three tests from July 30, followed by three Twenty20 internationals, but with the UK
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TORONTO (Reuters) – Canadian singer Bryan Adams apologized on Tuesday for a social media post in which he blamed “bat eating, wet market animal selling, virus making greedy bastards” for the novel coronavirus. FILE PHOTO: Singer Bryan Adams performs on stage at the 2016 Juno Awards in Calgary, Alberta, Canada, April 3, 2016. REUTERS/Mike Ridewood
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WASHINGTON (Reuters) – Leading U.S. infectious disease expert Anthony Fauci on Tuesday warned Congress that a premature lifting of lockdowns could lead to additional outbreaks of the deadly coronavirus, which has killed 80,000 Americans and brought the economy to its knees. Fauci, director of the National Institute of Allergy and Infectious Diseases, told a U.S.
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NEW YORK (Reuters) – Oil prices rose on Tuesday, after OPEC’s de facto leader, Saudi Arabia, said it would increase supply curbs in June, while other members of the oil-producing group said they want to extend the deep cuts reached in April for a longer period than originally agreed. FILE PHOTO: Western Canadian canola fields
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FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen after they announced a Phase 3 Trial of the investigational antiviral drug Remdesivir in patients with severe coronavirus disease (COVID-19), during the outbreak of the coronavirus disease (COVID-19), in Oceanside, California, U.S., April 29, 2020. REUTERS/Mike Blake/ (Reuters) – India’s Jubilant Life Sciences Ltd said on
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