When I firstdiscovered the mining space over fifteen years ago, I became mesmerized by theextreme volatility of the junior miners. After the meteoric rise of the Nasdaqinto the turn of the century had ended, the junior resource penny stocks becameexciting again and lured many momentum junkies into its lair. This high-risk,high-reward sector has been accused in the past of driving investors complet...Read More

(Kitco News) - Thereis little conviction in the gold market as Wall Street and Main Street aresplit on the near-term direction of prices, based on the weekly Kitco News goldsurvey.Thiscomes after both leaned bearish in the last survey and are right so far in thecurrent week. Next week brings a highly anticipated news event - a meeting ofthe U.S. Federal Open Market Committee, which is widely expec...Read More

(Kitco News) - There is little conviction in the gold market as Wall Street and Main Street are split on the near-term direction of prices, based on the weekly Kitco News gold survey.This comes after both leaned bearish in the last survey and are right so far in the current week. Next week brings a highly anticipated news event - a meeting of the U.S. Federal Open Market Committee, which is widely...Read More

(Reuters) - Gains in technology and financial stocks lifted Wall Street on Friday but the main indexes were still on track to record losses for the week that was dominated by trade war worries and political uncertainties.Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 14, 2018. REUTERS/Andrew KellyShares of JPMorgan (JPM.N) and Bank...Read More

JOHANNESBURG, March 16 (Reuters) - African Rainbow Minerals Ltd (ARM) posted a 15 percent rise in first-half profit on improved performance at its manganese, coal and copper divisions.Headline earnings per share (HEPS) rose to 1,023 cents ($0.86) in the six months ended Dec. 31 from 893 cents in the same period a year earlier. That was in line with the South African diversified miner's guidance.HE...Read More

(Bloomberg) - The news, when it came late Friday night from a government ministry in Minsk, was grim: the ceiling of a potash mine in Belarus had collapsed more than half a kilometer underground, trapping two workers.Halfway around the world, the reaction to the headlines was swift and dramatic. Shares of some of the largest potash producers soared in New York and Toronto on speculation that the...Read More

SEOUL (Reuters) - U.S. President Donald Trump asked South Korean officials to show flexibility in trade negotiations with the United States in a phone call with South Korean President Moon Jae-in, the Blue House said in a statement on Friday.South Korea and the United States were scheduled to hold a third round of talks for amendments to an existing bilateral free trade agreement this week in Wash...Read More

PARIS (Reuters) - President Emmanuel Macron and German Chancellor Angela Merkel meet in Paris to discuss euro zone reform on Friday, their first encounter since her new coalition took office, but they may struggle to find common ground on further change in Europe.Merkel, narrowly re-elected to a fourth term as chancellor, wants to fulfill her incoming government’s pledge to deliver a “...Read More

The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the resu...Read More

UBS is predicting a big increase in U.S. solar installations in upcoming yearsBrokerage firm UBS initiated coverage on several solar stocks this morning, including First Solar, Inc. (NASDAQ:FSLR), Solaredge Technologies Inc (NASDAQ:SEDG), and JinkoSolar Holding Co., Ltd. (NYSE:JKS). The firm estimated U.S. solar installations will rise to 14.7 gigawatts in 2020, and gave FSLR, SEDG, and JKS "buy"...Read More

Temperatures near negative 24 degrees celsius in Yakutia, the coldest region in Russia, are not putting off would-be treasure hunters who literally saw gold fall from the sky on Thursday. A nine-ton treasure of gold and silver alloy called dor?(C) bars fell from the back of an AN-12 cargo plane flying from Yakutsk to Krasnoyarsk in an area largely at and around the airport, the Siberian Times repo...Read More

OSTK is spiraling, while KODK is soaringShares of Overstock.com Inc (NASDAQ:OSTK) have plunged 11.6% to trade at $42.55, after the company said fourth-quarter revenue fell 13.3% to $456.3 million -- well below the consensus forecast for $526.2 million in revenue. What's more, the company failed to give an update on plans to sell its e-commerce division in order to shift its focus to digital curren...Read More

Credit Suisse's Golub Says Better Economic Data, Less Inflation Fueling MarketsConsumer sentiment in March unexpectedly jumped to a 14-year high after tax cuts boosted disposable incomes, while new tariffs raised inflation expectations and dimmed the outlook, a University of Michigan survey showed Friday.Highlights of Michigan Sentiment (March, Preliminary)Sentiment index rose to 102 (est. 99.3) f...Read More

The shares are exploring record highs after earningsAdobe Systems Incorporated (NASDAQ:ADBE stock is surging today, up 3.8% to trade at $227.25 -- and just off a new record high of $228 -- after the software company reported fiscal first-quarter earnings and revenue above expectations. In response, analysts have heaped praise on ADBE, with no fewer than 11 brokerages upping their price targets, i...Read More

Caterpillar will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which together could potentially result in about 880 job losses, a company spokeswoman told Reuters on Friday.The restructuring, announced over the past two months, is part of the heavy equipment maker's overall strategy to boost profitability and make itself better able to manage...Read More

BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs if the United States taxes European steel and aluminum.The Commission asked “private stakeholders” affected by the U.S. tariffs and the EU’s possible response by March 26.The Commission plans to set duties of 25 percent on a range of U.S. p...Read More

WASHINGTON, (Reuters) - U.S. industrial production jumped 1.1 percent in February, the largest increase in four months, due to a weather-related rebound in construction and a rise in output from the nation's oil and gas fields and mines.Manufacturing output rose 1.2 percent, the biggest gain since October, the Federal Reserve said in its monthly report.Economists polled by Reuters had forecast a 0...Read More

(Kitco News) - Goldpriceshave lost modest early gains and are trading moderatelylower and hit a two-week low in late-morning action Friday. The gold marketstarted to slip when the U.S. dollar index pushed above unchanged and moved toits daily high. The gold market is now poised to close at a technically bearishweekly low close today, which would also then suggest more selling pressureearly next we...Read More

LONDON (Reuters) - Appetite for equities came back with a vengeance this week, driving record inflows as concerns around trade dissipated and billions more were plowed into tech stocks, Bank of America Merrill-Lynch strategists said on Friday.Alongside the resurgence of a “wall of money” going into stocks, BAML however noted that equities are not yielding as much as these flows would s...Read More

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.Housing starts declined 7.0 percent to a seasonally adjusted annual rate of 1.236 million units, the Commerce Department said on Friday. Data for January was revised up slightly to show groundb...Read More