(Kitco News) - Goldprices have pushed to session highs and have takenback overnight losses in late-morning trading Thursday. The yellow metal hasbeen given a lift as the U.S. dollar index has dropped to lower levels and iscurrently trading near its daily low. April gold was last down $0.80 at$1,331.20.  By Jim Wyckoff For Kitco NewsFollow @jimwyckoffjwyckoff@kitco.comwww.kitco.com Disclaimer:...Read More

We are seeing yields moving strongly to the upside as several key inflation readings have been hitting new multi-year highs.There has been a clear downward trend in production over the last 8 years and there was barely any growth in output last year.Gold is on track for three years of gains in a row.Chart of GLD remains extremely bullish.As I have explained in previous articles, the reason why I'm...Read More

Fiber-optic networking producer Applied Optoelectronics, Inc. (NASDAQ:AAOI) reported a fourth-quarter adjusted earnings beat last night, but revenue fell short of estimates, and the company gave an unimpressive first-quarter forecast. As such, the shares of AAOI have fallen more than 21% to trade at $27.25 -- earlier hitting a new annual low of $26.93 -- and have received no fewer than one downgr...Read More

Feb 22 (Reuters) - Finland's Financial Supervisory Authority said on Thursday it had obliged Croatian investor Danko Koncar to launch a takeover bid for the Finnish metal producer Afarak . * Koncar, Afarak's chief operating officer, is supposed to publish a bid within a month from the decision* Koncar is the general director of investing company Kermas Limited, which became Afarak's biggest shareh...Read More

MEXICO CITY, Feb 22 (Reuters) - Most of Mexico's central bank board are concerned that recent shocks to consumer prices could slow a projected drop in annual inflation back to policymakers' 3 percent target, minutes from the last decision showed on Thursday.Banco de Mexico's governing board unanimously voted to hike the key rate by 25 basis points on Feb 8 to 7.50 percent, its highest since Februa...Read More

(Kitco News) -Barrick Gold Corp. (NYSE, TSX: ABX) Thursday outlined thecompany’s plans to develop a number of projects that are expected to addanother 1 million ounces or more of annual production starting in 20212.Nevada projects at Cortez Deep South, Goldrush and TurquoiseRidge have been approved, while work on a project to extend the life of theLagunas Norte Mine in Peru is under way, sai...Read More

(Kitco News) -Barrick Gold Corp. (NYSE, TSX: ABX) Thursday outlined the company’s plans to develop a number of projects that are expected to add another 1 million ounces or more of annual production starting in 20212.Nevada projects at Cortez Deep South, Goldrush and Turquoise Ridge have been approved, while work on a project to extend the life of the Lagunas Norte Mine in Peru is under way,...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...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.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 market professional survey.Readers can al...Read More

Pandora Media Inc (NYSE:P) stock is set to jump nearly 5.8% at the open, after the music streaming service reported a 63% rise in subscription revenue to $97.7 million, and said its number of subscribers increased 25% from this time last year to 5.48 million. This is helping to overshadow a wider-than-expected fourth-quarter loss of 21 cents per share, though revenue of $395.3 million beat expecta...Read More

Streaming TV technology provider Roku Inc (NASDAQ:ROKU) exploded onto the Wall Street scene after going public back in late September, mostly thanks to a huge post-earnings surge from early November to mid-December that saw the shares rally from just under $20 to nearly $59. ROKU stock settled at $51.10 yesterday -- corresponding with a $5 billion market cap -- but in premarket trading it's down 1...Read More

TORONTO, Feb 22 (Reuters) - Barrick Gold predicted annual production of more than 4 million ounces of bullion between 2023 and 2027 on Thursday, a long-term view following last week's near-term forecast of lower output and higher costs from the world's biggest producer.The Toronto-based company also said its Chief Operating Officer, Richard Williams, will step down and take on a new role that will...Read More

Mr. Mark Kolebaba reportsADAMERA COMPLETES SECOND DRILL HOLE ON SE-01 TARGET SULFIDE-MAGNETITE ZONE INTERSECTEDAdamera Minerals Corp.'s second drill hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State has intersected a zone of sulphides and magnetite mineralization. The drill core is currently being logged and prepared for assay. Assays are pending for both drill holes...Read More

Mr. Mark Kolebaba reportsADAMERA COMPLETES SECOND DRILL HOLE ON SE-01 TARGET SULFIDE-MAGNETITE ZONE INTERSECTEDAdamera Minerals Corp.'s second drill hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State has intersected a zone of sulphides and magnetite mineralization. The drill core is currently being logged and prepared for assay. Assays are pending for both drill holes...Read More

Ignacio Salazar, chief executive of Orosur Mining Inc (LON:OMI, CVE:OMI), tells Proactive Investors they're continuing to intersect good gold mineralisation in drilling at the APTA deposit - one of five identified target areas in the Anz?? project in Colombia.Notable results to date from 17 intercepts in seven drill holes include 17.76 grams per tonne gold over 5.32 metres, 4.89 grams over 13.9 me...Read More

TOKYO (Reuters) - One of the Federal Reserve's newest policymakers on Thursday added his voice to the majority at the U.S. central bank calling for interest rate hikes amid rising business optimism and faster growth in the world's biggest economy."I anticipate further gradual increases in the policy rate will be appropriate to both sustain a healthy labor market and stabilize inflation around...Read More

Stock futures are slightly higher this morning, but held in check amid concerns over rising interest rates following yesterday'sFed meeting minutes.However, St. Louis Fed President James Bullard this morning warned that "a bunch of rate hikes this year" could slow the economy. Investors will have their ears trained toward additional Fed speakers throughout the day.Continue reading for more on toda...Read More

CAMBRIDGE, Mass. (Reuters) - Billionaire investor Ray Dalio, who founded world's largest hedge fund Bridgewater Associates, thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020.Dalio said the U.S. economy is not currently in a bubble. But he reasoned that it might not take long to get there and then to move on to a &q...Read More

MoneyWire's Matt McCall just uncovered a secret stock play that will let traders profit from Bitcoin's dramatic rise for just under $45 a share.With one Bitcoin selling for over $8,500, this is an opportunity that must be jumped on NOW.This pick profits directly from Bitcoin's underlying blockchain technology that's driving the boom in digital currencies.And its stock price is set to rise 1,000%...Read More

Eco (Atlantic) Oil & Gas Ltd (LON:ECO CVE:EOG) CEO Gil Holzman tells Proactive they've forwarded on the first batch of seismic data shot by Tullow Oil (LON:TLW) over the Orinduik field.French giant Total has an option to take a 25% working interest in Orinduik from Eco for a payment of US$12.5mln.  Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc...Read More