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US STOCKS-Wall St rallies for fifth straight session on tech lift

February 15, 2018 / www.kitco.com

* Cisco shares up after upbeat results and forecast* Apple rises after Berkshire Hathaway boosts stake* Oil falls, dragging energy stocks* Indexes up: Dow 1.21 pct, S&P 1.21 pct, Nasdaq 1.58 pct (Updates to market close)By Noel RandewichFeb 15 (Reuters) - Wall Street surged on Thursday to notch its fifth straight session of gains, led by Apple and other technology stocks as investors shrugged...Read More

CANADA STOCKS-TSX ends higher on lift from banks, TransCanada

February 15, 2018 / www.kitco.com

Feb 15 (Reuters) - Canada's main stock index ended modestly higher on Thursday as gains in the financial sector and shares of TransCanada Corp offset a decline in natural resource companies.* The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 79.39 points, or 0.52 percent, at 15,407.66. (Reporting by Leah Schnurr in Ottawa; Editing by Phil Berlowitz) Disclaimer: The v...Read More

US STOCKS SNAPSHOT-Wall St climbs on tech strength

February 15, 2018 / www.kitco.com

NEW YORK, Feb 15 (Reuters) - Wall Street surged on Thursday to notch its fifth straight session of gains, led by Apple and other technology stocks as investors shrugged off recent inflation worries that sent the market into a sell-off at the start of the month.The Dow Jones Industrial Average rose 307.36 points, or 1.23 percent, to 25,200.85, the S&P 500 gained 32.62 points, or 1.21 percent, t...Read More

FOREX-Dollar cools despite rising bond yields, hits 15-month low vs yen

February 15, 2018 / www.kitco.com

* Dollar hits 15-month low against yen* 10-year Treasury yields hit four-year high* Worries over U.S. budget, current account deficits (Updates quotes, news, table and prices)By Kate DuguidNEW YORK, Feb 15 (Reuters) - The dollar fell across the board on Thursday, hitting a fresh 15-month low against the yen late in the session, as negative sentiment about the U.S. currency outweighed a rise in 10-...Read More

Desert Gold Begins Drilling on its Farabantourou Permit, Mali, West Africa

February 15, 2018 / bit.ly

Desert Gold Ventures Inc. ('Desert Gold' or 'the Company') (TSX.V: DAU, FF: QXR2, OTC: DAUGF) is pleased to announce that drilling has begun on its Farabantourou project located in western Mali.Read full newsRead More

UPDATE 1-U.S. stock volatility shock wanes, VIX futures signal smoother sailing

February 15, 2018 / www.kitco.com

(Updates prices, adds comment, adds graphic)By Saqib Iqbal AhmedNEW YORK, Feb 15 (Reuters) - U.S. stocks may have recovered only about half the ground lost in the recent selloff, but traders in the derivatives market are fast dialing down their fears of more ructions.The CBOE Volatility Index , the most widely followed barometer of expected near-term volatility in the S&P 500 , while not quit...Read More

Komet - Closing of the Second Tranche of a Private Placement

February 15, 2018 / bit.ly

Komet Resources Inc. ('Komet' or the 'Company') is pleased to announce that it has closed a second tranche of a non-brokered private placement with accredited investors by issuing 3,364,000 units at a price of CA$0.37 per Unit, for total gross proceeds to Komet of CA$1,244,680.Read full newsRead More

GeoProMining and Glencore Technology to Promote Proven Albion Process

February 15, 2018 / www.mining.com

Following the success of the Albion Process at GeoProMining's Ararat Processing Plant in Armenia, GPM have signed a collaboration agreement with Glencore Technology for the marketing of the Albion Process. GPM has successfully used Glencore Technology's atmospheric leaching process to increase overall recovery from sulphide concentrates in their Ararat plant from 20% to over 95%, defying expectat...Read More

#Bitcoin Tests $10k As Mysterious Crypto-Trader Dip-Buys $400 Million | Zero Hedge

February 15, 2018 / www.zerohedge.com

Who is '3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64'...?Read full newsRead More

US Congress members send letter to Guatemala's president urging improved investment climate

February 15, 2018 / www.mining.com

A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More

US Congress members send letter to Guatemala's president urging improved investment climate

February 15, 2018 / www.mining.com

A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More

Apple Stock Boosted By Buffett

February 15, 2018 / www.schaeffersresearch.com

U.S. stocks have traded on both sides of the aisle today, but at last check, all three benchmarks were on track for their fifth straight win. FAANG stock Apple Inc. (NASDAQ:AAPL) is higher as well, while mobile marketing specialist Live Ventures Inc (NASDAQ:LIVE) and food stock TreeHouse Foods Inc. (NYSE:THS) are struggling. Here's a closer look at what shares of AAPL, LIVE, and THS are react...Read More

US STOCKS-Wall Street builds on rally while Apple shines

February 15, 2018 / www.kitco.com

* Cisco shares up after upbeat results and forecast* Apple rises after Berkshire Hathaway boosts stake* Oil falls, dragging energy stocks* Indexes up: Dow 0.99 pct, S&P 1.00 pct, Nasdaq 1.42 pct (Updates prices, adds graphic)By Noel RandewichFeb 15 (Reuters) - Wall Street surged on Thursday and was on track to end higher for a fifth straight session, led by Apple and other technology stocks as...Read More

UPDATE 2-Egypt's central bank cuts interest rates as inflation eases

February 15, 2018 / www.kitco.com

(Adds comments)By Arwa GaballaCAIRO, Feb 15 (Reuters) - The Egyptian central bank cut its main interest rates by a percentage point each on Thursday, the first time it has lowered them since letting the currency float freely in 2016, as inflation sinks to its lowest levels in at least a year.The bank cut its overnight deposit rate to 17.75 percent from 18.75 percent and its overnight lending rate...Read More

LiDCO shares fall after saying it expects 2017 loss

February 15, 2018 / www.proactiveinvestors.co.uk

Shares in LiDCO Group plc (LON:LID) fell by 8% to 6.75p after saying it expects to post a loss for the 2017 financial year.The company, which supplies hemodynamic equipment used to monitor the body's blood flow to ensure vital organs are adequately oxygenated, said a ?1.7mln investment in its expansion is likely to lead to an unspecified loss.Total revenue is expected to rise just 1% to ?8.2mln...Read More

UPDATE 2-Bank of Canada balancing caution, inflation pressures

February 15, 2018 / www.kitco.com

(Recasts with comments on cautious policy)By Rod NickelWINNIPEG, Manitoba, Feb 15 (Reuters) - The Bank of Canada's cautious approach to further rate hikes does not mean rates will stay low forever, as policymakers also have to weigh inflationary pressures, Bank of Canada Deputy Governor Lawrence Schembri said on Thursday.Striking a balanced tone in response to audience questions about interest ra...Read More

U.S. regulator warns of cryptocurrency 'pump-and-dump' schemes

February 15, 2018 / www.kitco.com

By Anna IrreraNEW YORK, Feb 15 (Reuters) - The U.S. derivatives regulator warned investors on Thursday about cryptocurrency "pump-and-dump" scams that aim to rip off investors by inflating the price of volatile virtual tokens through spreading bogus information.The Commodities Futures Trading Commission said in a statement that it had received complaints from investors who had lost money...Read More

Germany gives UK banks until June to secure access post - Brexit

February 15, 2018 / www.kitco.com

FRANKFURT, Feb 15 (Reuters) - UK banks wanting to secure a foothold in Germany after Brexit should submit their applications for a banking license by June, Bundesbank director Andreas Dombret said on Thursday.With Britain due to leave the EU in March 2019, banks are set to lose their automatic access to the single market unless a transition period is agreed, which is currently uncertain.Dombret sa...Read More

TREASURIES-U.S. yields drift lower, but uptrend seen intact

February 15, 2018 / www.kitco.com

(Adds 30-year TIPS auction, graphic, analyst comment, updates prices, table)By Gertrude Chavez-DreyfussNEW YORK, Feb 15 (Reuters) - U.S. Treasury yields slipped on Thursday after sizable gains in recent sessions, as investors took a breather from selling bonds and readjusted positions to prepare for more inflation-related volatility, a scenario that could take yields even higher.U.S. benchmark 10-...Read More

Gold Not Nice to Shorts on Valentine's Day.

February 15, 2018 / www.marketslant.com

Originally on GoldinAmerica.com Gold Comment by George GeroGold traders , investors,understood the INFLATION word and reacted yesterday triggering buy stops.Comments:Recently gold ignored traditional headwinds of higher rates and strong stocks.All this means is we could see higher prices later on after option expiration and back to basics market forces.Open Interest and Option ExpirationOpen In...Read More

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