Recent News

Adding a new gold/silver stock to the portfolio today.....

January 31, 2018 / www.pennyminingstocks.com

I added a new stock to my portfolio today. A pretty straight forward story. The stock is Metalla Royalty and Streaming and is listed on the CSE under the symbol MTA. I bought my position at 72 cent...Read full newsRead More

Gold hits 1-week lows after Fed’s decision

January 31, 2018 / www.fxstreet.com

USD rises across the board after FOMC statement.  Fed kept rates unchanged and left the door open for a March rate hike.  Gold hits fresh weekly low near $1,330/oz.  The US dollar rose moderately across the board after the release of the FOMC statement. The stronger US dollar pushed gold to the downside.  Initially, the yellow metal rose to $1,344/oz approaching daily highs b...Read More

FOREX-Dollar holds gains after Fed, looks to data for more impetus

January 31, 2018 / www.kitco.com

* Dollar supported after Fed's slightly hawkish stance* U.S. data awaited for dollar to potentially consolidate gains By Shinichi SaoshiroTOKYO, Feb 1 (Reuters) - The dollar kept modest gains against its peers on Thursday after the Federal Reserve signalled its confidence about inflation and growth in the world's biggest economy, with traders now waiting on a host of indicators including non-farm...Read More

Westhaven Receives $85,200 From Warrant Exercise

January 31, 2018 / bit.ly

Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce that it has received proceeds of $85,200 related to the exercise of warrants.Read full newsRead More

S.Korea's Celltrion shares drop almost 3 pct after US FDA warning letter

January 31, 2018 / www.kitco.com

SEOUL, Feb 1 (Reuters) - South Korea's Celltrion Inc shares fell almost 3 percent on Thursday, after the biopharma company said it had received a warning letter from the U.S. Food and Drug Administration (FDA). The letter asked Celltrion to turn in supplemental documents about changes the FDA had asked for regarding its pharmaceutical production, Celltrion said in a statement on its website. The s...Read More

China Stocks-Factors to watch on Thursday

January 31, 2018 / www.kitco.com

* PREVIOUS TRADING SESSION MOVES:* SSEC -0.2 pct, CSI300 +0.5 pct, HSI +0.9 pct* Shanghai->HK daily quota used 47.3 pct* HK->Shenzhen Connect daily quota used 2.7 pct, Shenzhen->HK daily quota used 10.9 pct* CNY official close 6.2865 per dollar* FTSE China A50 +1.6 pct, BNY Mellon ADR China Select Index +0.6 pct SHANGHAI, Feb 1 (Reuters) - Following is a list of recent corporate and poli...Read More

Hold Gold As A 'Defensive Play' In 2018 - Mitsubishi

January 31, 2018 / www.kitco.com

(Kitco News) - This year will be filled with a number of risks surrounding global economy, which makes gold the perfect “defensive play” of 2018, said Mitsubishi analyst Jonathan Butler.Gold will remain supported throughout this year due to “favorable real rate environment and a subdued U.S. dollar,” Butler wrote in a note on Wednesday.The Federal Reserve kept its rates unc...Read More

Hold Gold As A 'Defensive Play' In 2018 - Mitsubishi

January 31, 2018 / www.kitco.com

(Kitco News) - This year will be filled with a number of risks surrounding global economy, which makes gold the perfect “defensive play” of 2018, said Mitsubishi analyst Jonathan Butler.Gold will remain supported throughout this year due to “favorable real rate environment and a subdued U.S. dollar,” Butler wrote in a note on Wednesday.The Federal Reserve kept its rates unc...Read More

DIARY-Government Debt Auctions to Feb 28

January 31, 2018 / www.kitco.com

Feb 1(Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 1-FebJapan 3-month discount bill auction 1-FebJapan Auction of 10-year government bonds 1-FebSpain Bond auction 1-FebSwedenAuction of inflation-linked government bonds 5-FebNetherlands DTC auction 5-FebFranceAuction of BTF Treasury notes...Read More

UK electric motor maker expands capacity as carmakers go green

January 31, 2018 / www.kitco.com

LONDON, Feb 1 (Reuters) - British electric motor manufacturer YASA said on Thursday it was increasing its production capacity from 2,000 to 100,000 units with a new factory to tap into growing demand from carmakers for greener technologies. Automakers are racing to build greener vehicles and improve charge times in a bid to meet rising customer demand and air quality targets but Britain lacks suf...Read More

Fed leaves rates unchanged but gives more aggressive inflation expectations

January 31, 2018 / www.cnbc.com

The Federal Open Market Committee says current conditions indicate that the overnight funds rate should remain anchored at 1.25 to 1.5 percent. "Inflation on a 12-month basis is expected to move up this year and to stabilize around the Committee's 2 percent objective over the medium term," the Fed statement says. The decision came at Janet Yellen's final meeting as Fed chair. Jeff Cox| @JeffCo...Read More

DIARY-Emerging Markets Economic Events to March 29

January 31, 2018 / www.kitco.com

Feb 1 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- THURSDAY, FEBRUARY 1PRAGUE - Czech National Bank hold...Read More

DIARY-Top Economic Events to March 23

January 31, 2018 / www.kitco.com

Feb 1 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- THURSDAY, FEBRUARY 1BELGRADE - EIB Vice President Dario Scannapieco will hold a press conference...Read More

UPDATE 1-S.Korea inflation slips in January to slowest in 17 mths

January 31, 2018 / www.kitco.com

(Adds detail, analyst comment)* Jan CPI +1.0 pct y/y (Reuters poll +1.3 pct)* Jan CPI +0.4 pct m/m (Reuters poll +0.7 pct) By Cynthia Kim and Dahee KimSEOUL, Feb 1(Reuters) - South Korea's annual inflation fell in January to its slowest in 17 months as fresh food costs declined, dropping further away from the central bank's 2 percent target. The consumer price index rose 1.0 percent in January f...Read More

UPDATE 3-Microsoft's cloud computing business grows, stock edges up

January 31, 2018 / www.kitco.com

(Adds data on other business units)By Salvador Rodriguez and Pushkala AripakaJan 31 (Reuters) - Microsoft Corp beat Wall Street's profit forecast on Tuesday, helped by growth in its cloud computing business, but took a $13.8 billion one-time charge due to the new U.S. tax law. Stock of the world's largest software company, which have risen almost 50 percent over the past 12 months, initially fell...Read More

AUDIO from Brent Cook on Garibaldi Resources - A Big Scam or The Big Score?

January 31, 2018 / www.pennyminingstocks.com

Garibaldi Resources Popular junior mining stock Garibaldi Resources receives some harsh comments from Brent Cook at the 2018 Vancouver Resource Investment Conference. At the Vancouver Resource Inve...Read full newsRead More

Australian home prices slip again in January as lending rules bite

January 31, 2018 / www.kitco.com

SYDNEY, Feb 1 (Reuters) - Home prices across Australia's major cities fell further in January as weakness spread out from the Sydney market in the face of tighter rules on investment lending, a relief to regulators but a potential drag on consumer spending power.Property consultant CoreLogic said on Thursday its index of home prices for the combined capital cities slipped 0.5 percent in January, a...Read More

Three River Morning Star Signals Support

January 31, 2018 / www.kitco.com

All technical traders, whether classically trained in Western technical analysis or Eastern technical analysis, look for specific patterns that can define pivot points or key reversals within a market.Many Eastern market technicians utilize the patterns provided through Japanese candlesticks as a viable means to look for pivot points in the market. These patterns include the engulfing bullish and...Read More

UPDATE 3-U.S. Treasury plans bigger debt auctions, warns on debt limit

January 31, 2018 / www.kitco.com

(Adds CBO debt ceiling projection)WASHINGTON, Jan 31 (Reuters) - The U.S. Treasury said on Wednesday it planned to hold larger debt auctions because of the winding down of the Federal Reserve's bond-buying program, but warned it would only be able to pay all of the federal government's bills through February."Based upon available information, Treasury expects to be able to fund the governmen...Read More

FTSE 100 ends lower as pound firms; housebuilders weigh

January 31, 2018 / www.proactiveinvestors.co.uk

FTSE 100 closes 54 points lowerHousebuilders slump on land-banking regulation fearsCapita caves after shock profit warningFTSE 100 ended Wednesday around 54 points lower at 7,533 as housebuilders weighed on the top tier index and the pound firmed.It comes as, in the latest twist to the Brexit saga, confidential analysis for the UK government suggests the UK will be worse off under all plausible sc...Read More

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