NEW YORK (Reuters) - For stock investors, the recent spike in bond yields may be prompting some uncomfortable deja vu.Back in late January and early February, there was a 10 percent correction in the S&P 500 .SPX, with stock investors spooked as Treasury yield increases intensified with a monthly payrolls report showing the biggest wage gains for workers since 2009.This time around, strong ec...Read More

WASHINGTON (Reuters) - President Donald Trump said on Wednesday his administration was talking to his former adviser and Goldman Sachs executive Dina Powell about possibly succeeding Nikki Haley as the U.S. ambassador to the United Nations, but that Powell was just one of many people under consideration.Asked whether Powell was the front-runner, Trump told reporters at the White House: “No,...Read More

Right now, marijuana stocks are red hot. The market continues to see huge momentum build and what's more is that now we've begun to see a climate that is heating up for cannabis stock IPO's. It wasn't that long ago that the only option to go public as a cannabis company was some minor exchange ...Read full newsRead More

WASHINGTON (Reuters) - The outcome of the latest immigration case involving President Donald’s Trump administration to come before the U.S. Supreme Court could hinge on his two appointees, conservative Justices Neil Gorsuch and Brett Kavanaugh.The nine justices on Wednesday heard the administration argue for sweeping government authority to detain immigrants awaiting deportation after they c...Read More

Telson Mining Corporation (TSXV:TSN, OTCBB:SOHFF) ("Telson" or the "Company") (formerly SQ82)) is pleased to announce that it has closed its non-brokered private placement financing (the "Private Placement") consisting of 9,124,805 Units of the Company at a price of $0.75 per Unit for gross proceeds of $6,843,603.Read full newsRead More

FLINT, Mich. (Reuters) - The Federal Reserve can likely stop raising U.S. interest rates once they reach about 3 percent, as long as inflation remains around 2 percent and the economy is doing well, Chicago Federal Reserve President Charles Evans suggested on Wednesday.The Fed has been raising interest rates gradually since December 2015, and last month lifted its target for short-term rates to a...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term. Create your own user feedback survey Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term. Create your own user feedback survey Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our...Read More

Avrupa Minerals Ltd. (TSXV:AVU) (US OTC:AVPMF) (FRANKFURT:8AM) announces that upon the completion of the recent Alvito drilling program, Avrupa will retain 100% of the Alvito IOCG project in Portugal, as the partner has declined to earn its potential interest in the project.Read full newsRead More

"Stratabound Intercepts 60.1 gpt Gold over 0.9 Metre within Broader 2.53 gpt Gold over 33.1 Metres from Maiden Drill Program at Golden Culvert, Yukon Territory https://t.co/y6CIPeiTQJ #investing"Read full newsRead More

FCX was hit with an "underweight" rating at Barclays todayThe shares of Freeport-McMoRan Inc (NYSE:FCX) are down 2.2% to trade at $12.90, after Barclays initiated coverage on the mining stock with an "underweight" rating. While the analyst in coverage set a "positive" recommendation on the North American mining sector, they expressed concern about FCX's low growth and weak project pipeline. Opti...Read More

THE HAGUE (Reuters) - German Chancellor Angela Merkel on Wednesday welcomed progress in negotiations on a Brexit deal and said she wanted a close relationship with Britain after it leaves the European Union, especially on security matters.“I hope there is progress, apparently there is progress, but sometimes the devil is in the detail - so everything is only worked out when it is all worked...Read More

(Kitco News) - Gold is seeing some mild safe-haven demand in afternoon U.S.trading Wednesday, as the U.S. stock market is seeing strong losses and is atits daily low. The Dow Jones Industrial Average is down around 500 points. TheU.S. 10-year Treasury note yield hit a 10-year high today, to spook the stockmarket bulls. December gold was last up $3.10 an ounce at $1,194.80.By Jim Wyckoff For Kitco...Read More

(Kitco News) - Gold is seeing some mild safe-haven demand in afternoon U.S. trading Wednesday, as the U.S. stock market is seeing strong losses and is at its daily low. The Dow Jones Industrial Average is down around 500 points. The U.S. 10-year Treasury note yield hit a 10-year high today, to spook the stock market bulls. December gold was last up $3.10 an ounce at $1,194.80. By Jim Wyckoff For...Read More

NEW YORK (Reuters) - The U.S. economy is expanding at a 4.2 percent annualized rate in the third quarter, the Atlanta Federal Reserve's GDPNow forecast model showed on Wednesday, following the release of the latest data on producer prices and wholesale trade.That was a tad faster than the 4.1 percent pace calculated on Oct. 5 by the Atlanta Fed's forecast program.Reporting by Richard Leong Discla...Read More

Barrick Gold Corporation announced today that it has filed its management information circular and related voting materials in connection with a special meeting of shareholders to be held on November 5, 2018.The Merger will create an industry-leading gold company powered by a common vision of long-term value creation. It will have the largest portfolio of Tier One Gold Assets in the industry, with...Read More

Gold futures settled with a modest gain on Wednesday, finding support from a drop in the U.S. stock market, though rising bond yields, which hovered near their steepest since 2011, limited the rise for the precious metal. December gold GCZ8, -0.24% tacked on $1.90, or 0.2%, to settle at $1,193.40 an ounce, extending its rise to a second straight session. December silver SIZ8, -0.01% fell 7.4 cent...Read More

(Kitco News) - The yellow metal’s poor performance this year is not “justified” and gold prices are overdue for a rally, according to New York-based WisdomTree Investments, which forecasts gold to climb back up to $1,320 an ounce next year.Spot gold on Kitco.com lost more than 11% in the last six months, last trading firmly below the key $1,200 an ounce level, while the December...Read More

Chile's Supreme Court upheld an environmental order for a gold mine owned by Canada's Kinross Gold Corp to close its water pumping wells, the environmental regulator said on Wednesday, bringing down the curtain on a long-running dispute that sparked the miners' retreat from Chile.The environmental watchdog, known locally as the SMA, initially ordered that the wells serving the Maricunga mine be sh...Read More

DISCA has been outperforming on the charts, as we had predicted Shares of Discovery, Inc. (NASDAQ:DISCA) are up 1.2% at $32.74 in afternoon trading, the stock still buzzing on its morning upgrade at Credit Suisse to "outperform" from "neutral," and price-target hike to $40 from $30. Below, we will take a look at how DISCA has been faring on the charts long term, and see why now may be an attracti...Read More