Breaking above 85.97 would continue to validate the acceleration process taking place toward the target zone of 92 for the PHLX index.Last week, the gold market closing at $1291, it opened at $1290 and came down last week to make a low of $1281.20, almost activating the $1280 Buy levels.A rising CRB and rising interest rates, which could significantly impact sovereign debt payments, should be good...Read More

AAOI is pacing for its biggest weekly gain since early 2014Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) are up 9.2% today to trade at $44.34 -- bringing their week-to-date gain near 28.6%, which would mark their biggest weekly gain since February 2014 -- and some are crediting a short squeeze for the upside. Whatever the reason, options traders are positioning for even bigger gains, with ca...Read More

(Bloomberg) - Tharisa Plc, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2 billion platinum project in Zimbabwe being developed by another company founded by the family.Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the mine, located on the Great Dyke, a 550-kilometer (342 miles) range of hills rich in...Read More

(Reuters) - A gauge of factory activity in the U.S. Upper Midwest rose in May, led by jumps in new orders and production after falling the previous two months, according a private survey released on Thursday.Marquette University and the Institute for Supply Management-Milwaukee said their seasonally adjusted index of manufacturing in the Milwaukee region climbed to 67.90 this month from 58.26 in A...Read More

(Bloomberg) - Tharisa Plc, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2 billion platinum project in Zimbabwe being developed by another company founded by the family.Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the mine, located on the Great Dyke, a 550-kilometer (342 miles) range of hills rich in...Read More

WASHINGTON/PARIS (Reuters) - Washington will impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico from midnight on Thursday, ending months of uncertainty over potential exemptions and sharply escalating the risk of a trade war.U.S. Commerce Secretary Wilbur Ross told reporters in a telephone briefing that Washington would proceed with plans for a 25 percent tarif...Read More

JOHANNESBURG, May 31 (Reuters) - South African precious metals producer Sibanye-Stillwater is exploring ways to cut debt, it said on Thursday, but ruled out tapping shareholders for funds.Sibanye had net debt of 23.7 billion rand ($1.9 billion) at the end of December, accumulated after an acquisition spree that saw it diversify from gold to platinum with operations spanning two continents.The comp...Read More

JOHANNESBURG, May 31 (Reuters) - South African precious metals producer Sibanye-Stillwater is exploring ways to cut debt, it said on Thursday, but ruled out tapping shareholders for funds.Sibanye had net debt of 23.7 billion rand ($1.9 billion) at the end of December, accumulated after an acquisition spree that saw it diversify from gold to platinum with operations spanning two continents.The comp...Read More

Mr. Rob Humphryson reportsNOVO REPORTS FIRST BULK SAMPLE RESULTS FROM COMET WELLNovo Resources Corp. has provided results for the first two bulk samples from Comet Well, part of Novo's Greater Karratha gold project in the Pilbara region of Western Australia. Sample KX157, a 7.143-tonne bulk sample previously reported to contain numerous gold nuggets (please refer to the company's news release date...Read More

Mr. Rob Humphryson reportsNOVO REPORTS FIRST BULK SAMPLE RESULTS FROM COMET WELLNovo Resources Corp. has provided results for the first two bulk samples from Comet Well, part of Novo's Greater Karratha gold project in the Pilbara region of Western Australia. Sample KX157, a 7.143-tonne bulk sample previously reported to contain numerous gold nuggets (please refer to the company's news release date...Read More

(Reuters) - In a landmark deal that could accelerate wide-scale deployment of self-driving cars, General Motors Co (GM.N) said on Thursday that Japan’s SoftBank Group Corp (9984.T) will invest $2.25 billion in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle unit.GM shares jumped more than 10 percent in pre-market trade.It is one of the largest investments to date in self-driv...Read More

(Reuters) - Shares of U.S. steel and aluminum makers rose on Thursday after the Trump administration moved ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exemption.Shares of U.S. Steel Corp (X.N) and AK Steel Holding Corp (AKS.N) jumped about 6 percent, while Nucor Corp (NUE.N) and Steel Dynamics Inc (STLD.O) gained more than 2 perce...Read More

Eurozone: L??nder mit der h??chsten VerschuldungRead full newsRead More

(Kitco News) - Gold prices moved from modestly lower levels to modestly higherlevels on the day Thursday following news the U.S. plans to implement steel andaluminum import tariffs. The trade-protectionist moves by the U.S. have put abit of new anxiety in the marketplace, mainly due to worries about anescalation of the U.S. trade dispute with several of its major tradingpartners. Gains in gold hav...Read More

NICKEL MCX TODAY TIPSNickel Mcx Today – BUY Nickel May at CMP 1016.3 Add more at price 1012.3 for Small Target between 1023.3 – 1026.3 with SL below price 1009.30. RISK Taker trade with 2 lots Read More

SHLD shares are sinking after earningsOne of the latest retailers to step in to the earnings confessional was Sears Holdings Corp (NASDAQ:SHLD). The much-maligned retail giant said it swung to a first-quarter loss, and reported sinking revenue that fell short of expectations. The firm also announced plans to shutter 72 more underperforming stores. In response, SHLD stock is down 11.2% to trade at...Read More

(Bloomberg) - Americans produce more junk than any other country, providing a good living for metals dealers like Mark Lewon who specialize in old copper wire, pipe and parts. Most of the stuff fed voracious demand in China, where for years it was recycled and used to build office towers, cars and appliances.Not anymore.In early May, China implemented a 30-day ban on all scrap-copper imports, par...Read More

WASHINGTON (Reuters) - Contracts to buy previously owned homes fell in April, the National Association of Realtors said on Thursday.The NAR's pending home sales index decreased to a reading of 106.4, down 1.3 percent from the prior month. March's index was revised to 107.8 from 107.6.Economists polled by Reuters had forecast pending home sales rising 0.4 percent last month.Pending home contracts a...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said he will grant a full pardon on Thursday to conservative commentator Dinesh D’Souza, who was sentenced in 2014 to five years of probation for federal campaign law violations.“Will be giving a Full Pardon to Dinesh D’Souza today. He was treated very unfairly by our government!” Trump said on Twitter.D’Souza, 53, ad...Read More

ROBYN BECK/AFP/Getty ImagesWorkers build bed frames at the Hollywood Bed Frame Company factory in Commerce, Calif. The numbers: The MNI Chicago business barometer surged 5.1 points to a reading of 62.7, the highest level since January. Any reading over 50 indicates improving conditions. What happened: The indicator, also known as Chicago PMI, was driven by an acceleration in both output levels a...Read More