Recent News

Russia Orders Out 60 U.S. Diplomats Over Spy Poisoning Affair

March 29, 2018 / www.kitco.com

MOSCOW (Reuters) - Russia has ordered 60 U.S. diplomats to leave by April 5, the foreign ministry said on Thursday, in a retaliatory move against Washington which expelled a similar number of Russian diplomats over the poisoning of a Russian spy in England.The foreign ministry said it had declared persona non grata 58 diplomats in Moscow and two general consulate officials in Yekaterinburg in the...Read More

New Cat (R) 24 Motor Grader improves performance, lowers costs and advances safe operation

March 29, 2018 / www.mining.com

Building on the strong heritage of the M Series Motor Graders, the new Cat (R) 24 Motor Grader delivers high performance construction and maintenance of mine roads to improve mining truck efficiency. The 24 Motor Grader is equipped with a 7.3-m (24-ft) wide moldboard and is application matched for medium to large mines running trucks over 180 tonnes (200 tons) payload. An innovative, modular desig...Read More

Gold remains below 20-DAY MA – USD steady

March 29, 2018 / www.fxstreet.com

XAUUSD, H4 Yesterday, I identified the continued weakness the Gold against US dollars was experiencing and wrote “Gold traded lower again today to lows of the week, bottoming so far at $1,331.93, after printing six-week highs of $1,356.85 on Tuesday. A bit of dollar strength prompted position squaring, which has seen the contract head back close to its 50-day SMA, currently at $1,331.48. The...Read More

#Blockchain JV working to speed-up transactions

March 29, 2018 / www.stockhouse.com

A Canadian data company specializing in artificial intelligence is working to enhance the transactional performance of private blockchains.Datametrex AI Limited has filed two patents through its joint venture with Graph Blockchain Limited that relate to proprietary methodologies, processes and algor...Read full newsRead More

Elektron Technology shares rise as subsidiary inks distribution agreement

March 29, 2018 / www.proactiveinvestors.co.uk

Elektron Technology PLC (LON:EKT) shares rose 5.4% to 27.2p in late-afternoon trading after its subsidiary, Bulgin, signed a global distribution agreement with Arrow Electronics Inc (NYSE:ARW).The electrical components maker said the initial inventory order from Arrow was in excess of US$500,000, representing a significant investment in the joint initiative, with products available for customer or...Read More

SLV Options Pop Ahead of Historically Tough Month

March 29, 2018 / www.schaeffersresearch.com

The ETF is one of the best in the second quarter, thoughOptions volume is accelerated on the iShares Silver Trust (SLV) this afternoon, with nearly 70,000 calls and 35,000 puts traded. This is more than three times what's typically seen at this point in the session, with volume pacing in the 100th annual percentile. Diving deeper, it looks like speculators are targeting a key technical level for S...Read More

UPDATE 1-Egypt's central bank cuts key rates again as inflation eases

March 29, 2018 / www.kitco.com

(Adds details)CAIRO, March 29 (Reuters) - Egypt's central bank cut its keyinterest rates by 100 basis points for the second meeting in arow on Thursday as inflation continued to ease.The bank cut its overnight deposit rate to 16.75 percentfrom 17.75 percent and its overnight lending rate to 17.75 from18.75 percent, it said in a statement."The central bank's decision to cut interest rates by 1...Read More

Britain's Vedanta hit by up to $600 mln charge for Goa iron ore unit closure

March 29, 2018 / www.mining.com

March 29 (Reuters) - London-listed Vedanta Resources said on Thursday it would likely record an impairment charge of up to $600 million following the closure of its iron ore business in India's southwestern Goa state.In February, India's Supreme Court quashed all iron ore mining permits and mining was ordered stopped from March 16 in Goa, one of the country's top producing states for the material...Read More

Gold struggles near weekly lows, seems vulnerable

March 29, 2018 / www.fxstreet.com

   •  A modest USD weakness/US bond yields fail to lend any support.   •  Fading safe-haven demand adds to the downward pressure.   •  Likely to extend the ongoing retracement slide from 6-week tops.  Gold held with modest weakness through the early NA session on Thursday and is currently placed near week lows, around the $1322 regio...Read More

Living Healthier Through #Blockchain

March 29, 2018 / www.stockhouse.com

Healthy-living and fitness platform Longevity United has launched its token sale (ICO) aiming to raise $15 million toward its new consumer-oriented app.This ICO is for its utility token, the Longevity Token, created in a joint venture with Eterly Inc. This app will be focused on health and fi...Read full newsRead More

Stock Signal Flashing for First Time in 17 Years

March 29, 2018 / www.schaeffersresearch.com

How the Dow and S&P perform after a rough MarchThe Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are set to close March with steep losses -- something we haven't seen since 2001. However, if past is prologue, that may not be a bad thing for the stock market. As such, and considering the February correction, the indexes are set for their first quarterly losses since September 2015.Blue...Read More

Goldcorp deposits 3,000 ounces of gold in blockchain 'milestone'

March 29, 2018 / www.kitco.com

By Susan TaylorTORONTO, March 29 (Reuters) - Goldcorp Incmade the first gold deposit on Tradewind Markets' new digitizedtrading platform, the companies said on Thursday, with 3,000ounces of bullion from its Red Lake mine complex in Ontario.As old-school gold trading increasingly moves into thedigital era, the deposit represents a "milestone" as the genesisblock, or first step in the bloc...Read More

Gold Investors: Keep The Faith, Higher Prices Coming - Analysts

March 29, 2018 / www.kitco.com

(Kitco News)- Frustration is starting to build among gold investors, butanalysts are encouraging them to keep the faith as the market still haspotential to break through $1,400 an ounce eventually.While the breakout may not be on the horizon in theshort-term, many analysts think that it is only a matter of time and instead ofgiving up, many analysts see a drop back to the lower end of its currentt...Read More

Gold Investors: Keep The Faith, Higher Prices Coming - Analysts

March 29, 2018 / www.kitco.com

(Kitco News) - Frustration is starting to build among gold investors, but analysts are encouraging them to keep the faith as the market still has potential to break through $1,400 an ounce eventually.While the breakout may not be on the horizon in the short-term, many analysts think that it is only a matter of time and instead of giving up, many analysts see a drop back to the lower end of its cur...Read More

Short Sellers Nailed the Acxiom Stock Sell-Off

March 29, 2018 / www.schaeffersresearch.com

Facebook cut ties with several technology marketing stock this morningThe Dow is rallying today thanks to a strong move from Apple (AAPL), but the index is still set to snap its quarterly win streak. Some stocks making notable moves today are data broker Acxiom Corporation (NASDAQ: ACXM), farming and construction equipment manufacturer Titan Machinery Inc. (NASDAQ:TITN), and watchmaker Movado Gr...Read More

Gold Slightly Down, But Bulls Appear To Have Stopped The Bleeding

March 29, 2018 / www.kitco.com

(Kitco News) - Gold priceswereending the U.S. day session slightly lower Thursday, on some chartconsolidation after this week’s stronger selling pressure that did produce somenear-term technical damage. The gold market is now short-term oversold,technically, and due for a corrective bounce early next week. April Comex gold futures were last down $2.00 an ounce at $1,322.20. May Comex silver...Read More

Gold Slightly Down, But Bulls Appear To Have Stopped The Bleeding

March 29, 2018 / www.kitco.com

(Kitco News) - Gold prices were ending the U.S. day session slightly lower Thursday, on some chart consolidation after this week’s stronger selling pressure that did produce some near-term technical damage. The gold market is now short-term oversold, technically, and due for a corrective bounce early next week. April Comex gold futures were last down $2.00 an ounce at $1,322.20. May Comex si...Read More

Harker gets more hawkish, sees 2 more Fed rate hikes this year

March 29, 2018 / www.kitco.com

NEW YORK, March 29 (Reuters) - A Federal Reserve policymakersaid on Thursday he expects more interest rate hikes this yearthan he previously predicted, thanks to fiscal stimulus andstronger U.S. economic growth.Philadelphia Fed President Patrick Harker said two morehikes would likely be appropriate this year, after the U.S.central bank raised rates last week. Last month, Harker said heexpected two...Read More

Home Depot Stock Set to Wrap Up Worst Quarter In Years

March 29, 2018 / www.schaeffersresearch.com

However, April has been a great month to own HD sharesThough today it's up 1.6% at $177.61, Home Depot Inc (NYSE:HD) stock is on pace to close the first quarter down roughly 6.3% -- its worst quarter since 2011. And like the Dow, it's about to snap an impressive quarterly win streak, closing higher in each of the past six quarters. So, can HD stock get back to its winning ways, or is this the star...Read More

Strategic Minerals 'a battery materials company at a very exciting place'

March 29, 2018 / www.proactiveinvestors.co.uk

Alan Broome, chairman of Strategic Minerals Plc (LON:SML), tells Proactive's Andrew Scott they're planning to carry out an initial exploration drilling programme at the Mount Weld tenements in Western Australia.Broome also discusses a recently completed Electromagnetic survey on their Hanns Camp project which has identified a significant conductor.Further field work of the area around this conduct...Read More

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