AUSTIN, Texas, Feb 2 (Reuters) - The U.S. economy will show further signs of inflation pressure in 2018 and the Federal Reserve should continue raising interest rates, Dallas Federal Reserve President Robert Kaplan said on Friday."You will see some inflation pressure this year," Kaplan said told a conference in Austin, Texas. "I believe that the Fed should be removing accommodation...Read More

U.S. stocks are sharply lower this afternoon, as the major equity indexes appear on track for their worst weekly losses in two years. Among the stocks making notable moves today are tech stock Impinj Inc (NASDAQ:PI), drug stock Viking Therapeutics (NASDAQ:VKTX), and GoPro (GPRO) supplier Ambarella Inc (NASDAQ:AMBA). Here's a closer look at what's moving shares of PI, VKTX, and AMBA today.Weak Ou...Read More

By Vince Lanci for Soren K.Group. Edit- we are writing this on the road and haven'tthe time to insert links. Feel free to click on the Soren K. group icon for our stories if you wish to find the items referred to. Thanks. 1-We've written here in October that a volatility indicator we use was cycling on its lows. This implied the market was due for a range break out on the monthly chart. 2-...Read More

Getty ImagesThe biggest problem companies face these days is finding enough skilled workers to fill a near-record number of job openings. The numbers: The U.S. created 200,000 new jobs in the first month of 2018, showing that companies are still hungry to hire more than eight years after an economic expansion began. Even better, worker pay also rose at the fastest yearly pace since 2009. The inc...Read More

MOSCOW, Feb 2 (Reuters) - Russian anti-monopoly service has allowed the mid-sized gold miner GV Gold to acquire Zoloto Kamchatki and other gold assets from Russian businessman Viktor Vekselberg and his partners, the service said in a statement on Friday.(Reporting by Oksana Kobzeva; writing by Polina Devitt; editing by Katya Golubkova)Read More

Gold futures ended lower on Friday, down more than 1% for the week, after a stronger-than-expected U.S. jobs report drove up the dollar and Treasury yields as the data laid some groundwork for a potentially more aggressive Federal Reserve interest-rate response this year. April gold GCJ8, +0.19% shed $10.60, or 0.8%, to settle at $1,337.30 an ounce, building a total loss of roughly 1.5% for the we...Read More

(Kitco News)- As the saying goes: “to the victor go the spoils.”And there is a lot on the line as the Philadelphia Eaglesand the New England Patriots meet in Minneapolis for Super Bowl LII, on thefield and off.The competition for football dominance is not just played in the stadium, but in jewelry and precious metals as Super Bowl rings get more intricate and include more attitude. Cur...Read More

(Kitco News) - As the saying goes: “to the victor go the spoils.”And there is a lot on the line as the Philadelphia Eagles and the New England Patriots meet in Minneapolis for Super Bowl LII, on the field and off.The competition for football dominance is not just played in the stadium, but in jewelry and precious metals as Super Bowl rings get more intricate and include more attitude....Read More

It's sharping up to be a miserable week for the U.S. stock market, but that's done little to slow down shares of small-cap sporting goods stock Johnson Outdoors Inc. (NASDAQ:JOUT). At last check, JOUT was trading up 18.8% at $72.50, making it among the best Nasdaq stocks in today's session, thanks to the company's better-than-expected fiscal first-quarter sales. Revenue was clocked at $116.6 milli...Read More

* U.S. jobs, wages better than expected* U.S. 10-year Treasury yields post largest rise since June 2009* Palladium on track for biggest weekly drop since September 2017* GRAPHIC-2018 asset returns: (Recasts throughout; updates prices, headline; adds comment, NEW YORK to dateline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, Feb 2 (Reuters) - Gold prices declined on Friday as the U.S. dollar ti...Read More

By Caroline ValetkevitchNEW YORK, Feb 2 (Reuters) - Profit forecasts for 2018 are rising fast as analysts factor in benefits from the U.S. tax overhaul, a trend that could temper worries about rising interest rates in the near term.Wall Street's main indexes on Friday were headed for their worst week in two years as rates soared in the bond market and renewed fears of inflation gripped investors....Read More

Bob Benbow, chief executive at Chaarat Gold Holdings Ltd (LON:CGH), tells Proactive's Andrew Scott they've significantly increased the resource estimate at their Tulkubash deposit - part of the firm's project in the Kyrgyz Republic in Central Asia.The last estimate suggested there were just over 800,000 ounces of gold there, but this latest update puts that figure closer to 1mln oz.  Meet Ang...Read More

(Recasts, adds backing from Regal shareholder)Feb 2 (Reuters) - UK's Cineworld said its $3.6 billion deal to buy U.S. cinema chain Regal Entertainment was on track to close in March after it secured support from a majority of its own shareholders and the largest investor in Regal on Friday.Cineworld said 87.34 percent of votes cast at a general meeting in London on Friday were in favour of the de...Read More

Global investors are radically underinvested in gold today. Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening. As stocks roll over, gold inv...Read More

Mining Capital's Alastair Ford chats about how ongoing strength in the global economy is powering mining, with mining company share prices doing well compared to a few years ago.Two elements contributing to this are more demand for metals and how much they can sell metals for -- a weaker dollar is contributing to higher metals prices.Small gold operations in the market need to factor in how sterli...Read More

Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action.The drilli...Read More

Lucapa Diamond Company Limited (ASX: LOM) ("Lucapa" or "the Company") and its partners, Empresa Nacional de Diamantes E.P. ("Endiama") and Rosas & Petalas, have completed the first sale for 2018 of alluvial diamonds from the Lulo Diamond Project in Angola.The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an exceptional average pri...Read More

Tim McCarthy, chairman of ImmuPharma PLC (LON:IMM), caught up with Proactive's Andrew Scott to run through the latest on their Phase III Lupuzor study, results of which are due by the end of this quarter, as well as adding further detail to their 'follow-up' study which will allow eligible patients to continue to receive Lupuzor for another six months.The results will be gathered as an 'extension'...Read More

George Roach, chief executive of Premier African Minerals Limited (LON:PREM), tells Proactive they've found more high-grade intersections through their latest programme of step-out drilling at the Zulu lithium deposit in Zimbabwe.Two holes, 250m east of the Main Zone, intersected multiple pegmatites with average grades of 1.17% and 1.04% lithium oxide.  Meet Anglo Asian Mining Plc, Condor Gol...Read More

RIO DE JANEIRO, Feb 2 (Reuters) - Brazilian pension fund Caixa de Previdencia dos Funcionarios do Banco do Brasil, known as Previ, is sticking to its plans for an initial public offering of power holding company Neoenergia SA, the fund's Chief Executive Officer Geitiro Genso said on Friday."We will try to list Neoenergia in a better moment," Genso said. Neoenergia canceled a planned IPO...Read More