KLONDEX MINES LTD. T.KDX

Metals & Mining Industrial Metals & Minerals

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."

TSX:KDX - Post by User

KLONDEX MINES LTD.

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Post by JintsuGehanon Jan 10, 2018 1:03pm

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Post# 27324909

GOOD FOR GOLD LONG-TERM FINALLY CHINESE WAKE UP

China Officials Recommend Slowing or Halting U.S. Bond Purchases - Bloomberg

Reuters Wednesday January 10, 2018 08:48

LONDON, Jan 10 (Reuters) - Officials reviewing China’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, Bloomberg News reported on Wednesday, citing people familiar with the matter.

China has the world’s biggest currency reserves and is the biggest foreign holder of U.S. government debt.

According to the Bloomberg report, the sources said the market for U.S. government bonds is becoming less attractive relative to other assets. They also cited trade tensions with the United States as a reason to slow Treasury purchases, the report said.

Traders cited the report for a renewed rise in U.S. Treasury yields during European trade, with the U.S. 10-year bond yield rising to a new 10-month high at 2.593 percent. The U.S. dollar fell 0.6 against a basket of currencies for its biggest one-day drop in a month. (Reporting by Dhara Ranasinghe; editing by Sujata Rao)

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