As USD slide continues, gold extends gains.  XAU/USD up 1.35%, having best day since February 14.  Gold continued to rise during the American session and hit fresh weekly highs. The value of the ounce approached $1340 supported by a slide of the US dollar and risk appetite.  The price peaked at $1338.55, the highest level since February 26. It was holding near the top with a stron...Read More

Precious metals are spiking this morning with Gold testing $1340, dramatically outperforming all other assets since Trump initially hinted at tariffs...Read full newsRead More

The Dow finished a volatile session cautiously higher, after exploring a range of more than 280 points on both sides of breakeven. The blue-chip index was up triple digits to start the day, amid hopes for a denuclearized North Korea. However, the Dow swung lower on reports that President Donald Trump's chief economic adviser, Gary Cohn, could resign should proposed steel and aluminum tariffs go in...Read More

NEW YORK (Reuters) - The U.S. dollar dropped to a two-week low on Tuesday as traders bet on riskier currencies on news North and South Korea would hold their first summit in more than a decade and after the South said the North was willing to discuss denuclearization with the United States.North and South Korea, still technically at war since 1953 but with tensions having eased since the Winter Ol...Read More

NEW YORK (Reuters) - Oil prices rose on Tuesday, supported by a weaker dollar but U.S. crude’s gains were limited by forecasts for a weekly rise in U.S. crude stockpiles.Brent crude LCOc1 futures rose 25 cents to settle at $65.79 a barrel, a 0.4 percent gain. Brent reached a low of $65.30 a barrel and a six-day high of $66.16 a barrel during the session.West Texas Intermediate (WTI) crude CL...Read More

(Kitco News)- Investor sentiment in silver is it at historical lows, butone analyst remains optimistic that the metal’s industrial applications canhelp turn the market’s fortunes around.In a recent report for the London Bullion MarketAssociation, Jonathan Butler, precious metals strategist at MitsubishiCorporation, said that coordinated global economic growth should help silverregain i...Read More

Momentum Public Relations Press Release: February 6 2018 Hillcrest Petroleum Ltd. (the " Company " or " Hillcrest ") is pleased to provide the following update on the Company's development and production operations in Saskatchewan. Hillcrest previously announced that production from the 16-13 well was restored in early January of this year. Reported daily productionRead full newsRead More

HELSINKI, March 6 (Reuters) - Finland's Ahtium Oyj , previously named Talvivaara Mining Company, which ran a troubled nickel mine in northern Finland, has filed for bankruptcy after failing to secure financing for future projects, it said on Tuesday.Ahtium is the former owner of the mine that leaked waste water in 2012 and faced serious production problems, prompting the Finnish government to take...Read More

KAMNIK, Slovenia (Reuters) - A former comedian tipped to become Slovenia’s next prime minister said on Tuesday he would slash red tape to boost investment and shake up the electoral and judicial systems if his party wins June’s national election.Marjan Sarec, 40, a newcomer to national politics, stunned Slovenians last November when he won 47 percent of the vote in a presidential run-o...Read More

21m at 19.35g/t among standout interceptsRead full newsRead More

(Bloomberg) - If attendance at the world's biggest mining conference is any indication, things are looking up for the industry - although capital is still tight, especially for juniors.While the official number isn't out yet, organizers are expecting attendance for the PDAC conference in Toronto to be higher than last year, which was in turn an improvement on 2016.While attendance is still a lo...Read More

WASHINGTON/MEXICO CITY (Reuters) - Republican lawmakers stepped up calls for President Donald Trump to pull back from proposed tariffs on steel and aluminum imports as key trading partner Mexico rejected a bid by Washington to drive a wedge between it and Canada in talks to renegotiate the North American Free Trade Agreement.Few details have emerged from the White House over the scope and timing o...Read More

Hastings Group Holdings PLC (LON:HSTG) was a weak spot in late afternoon trading, with its shares down 2.3% to 270p as the insurance group was downgraded to 'neutral' from 'buy' by Swiss bank UBS as it thinks the stock is 'lacking near term catalysts.'The FTSE 250-listed firm also saw its target price cut to 290p from 350p.The analysts at UBS said: "With near term newsflow likely to be negative an...Read More

Radisson Mining Resources Inc. (TSX-V:RDS) (OTC:RMRDF) (FRANKFURT:2RX) ("Radisson" or the "Company') is pleased to announce the first set of results from the 6,000 m ongoing drilling program on the Vintage Zone of the O'Brien gold project.Read full newsRead More

WASHINGTON (Reuters) - The U.S. House of Representatives will debate bipartisan legislation next week aimed at preventing violence at schools following the shooting deaths of 17 people at a Florida high school on Feb. 14, Majority Leader Kevin McCarthy said on Tuesday.McCarthy, the second most powerful Republican in the House, did not outline any other bills the chamber might consider that are urg...Read More

Tesla Inc (NASDAQ:TSLA) is trading down 1.2% at $329.25, amid broad-market headwinds and reports Porsche unveiled a Model X rival and Uber's fleet of self-driving trucks is now moving freight in Arizona. Whatever the reason, options traders are betting on even bigger losses, with TSLA stock's single-day put/call volume ratio last seen at a top-heavy 1.36 -- pacing in the 100th annual percentile.By...Read More

(Reuters) - Wall Street steadied on Tuesday as signs of easing tensions in the Korean Peninsula and political pressure against U.S. metals tariffs offset the fears of a global trade war that have dominated markets since last week.A Bloomberg report quoting a close ally of President Donald Trump as saying that Trump was open to changes to his proposed tariffs on steel and aluminum was cited by trad...Read More

NEW YORK (Reuters) - While February’s stock market sell-off and renewed volatility battered macro hedge funds, some escaped unscathed: Quest Partners’ flagship fund returned 18.9 percent in the year through mid-February for clients that include the pension fund for the New York police and fire departments.“The majority of our clients are trying to add to their positions with us,&...Read More

WASHINGTON (Reuters) - President Donald Trump on Tuesday declined to say whether he had any preconditions for talks with North Korea and said there had been progress with the country.“We have come certainly a long way, at least rhetorically, with North Korea,” he told reporters in the Oval Office.“The statements coming out of South Korea and North Korea have been very positive. T...Read More

It's been a volatile trading day for U.S. stocks, with the major market indexes moving on North Korea denuclearization hopes and rumors of another White House resignation. However, three penny stocks have traded solidly in the black today: biotech Caladrius Biosciences Inc (NASDAQ:CLBS), medical device maker Amedica Corporation (NASDAQ:AMDA), and crude shipping concern Frontline Ltd. (NYSE:FRO).CL...Read More