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ECB's Visco says proving hard to raise inflation expectations

February 10, 2018 / www.kitco.com

VERONA, Italy, Feb 10 (Reuters) - The European Central Bank is finding it difficult to raise inflation expectations but it will patiently pursue its objective of bringing price increases back up towards 2 percent, Bank of Italy Governor Ignazio Visco said on Saturday."The risk of inflation has been averted but it is proving difficult to push up inflation expectations," Visco, who sits on...Read More

EPA administrator visits Nevada silver-gold mine

February 10, 2018 / dlvr.it

LOVELOCK - An agency that encourages stewardship over prohibition is the Environmental Protection Agency that Administrator Scott Pruitt represented to the Nevada mining industry on Feb. 5.Read full newsRead More

Rwanda's yr-on-yr inflation at 1.3 percent in Jan - stats office

February 10, 2018 / www.kitco.com

KIGALI, Feb 10 (Reuters) - Rwanda's year-on-year inflation increased to 1.3 percent in January, the statistics office said on Saturday, up from 0.7 percent in December.The monthly inflation increase was 0.2 percent. The increase was mostly due to non-food items like housing, fuels, electricity and gas, the National Institute of Statistics of Rwanda said.(reporting by Clement Uwiringiyimana; editin...Read More

Egypt wants more market stability before Eurobond issue - minister

February 10, 2018 / www.kitco.com

DUBAI, Feb 10 (Reuters) - Egypt is considering plans for a Eurobond issue but wants to see more stability in global financial markets before it goes ahead, Egyptian finance minister Amr El-Garhy said on Saturday."We want to find the right time and we hope to do this in the next few days," Garhy told Reuters on the sidelines of a financial conference in Dubai, when asked if this week's sw...Read More

Granada Gold Mine announces Date for Dividend Payments

February 10, 2018 / dlvr.it

ROUYN NORANDA, QC, Feb. 9, 2018 /CNW/ - Granada Gold Mine Inc. (TSX-V: GGM) (OTCPK: GBBFF) (Frankfurt: B6D) (the 'Company' or 'Granada') announces that it i...Read full newsRead More

CANADA STOCKS-TSX falls on weakness in mining stocks

February 10, 2018 / dlvr.it

Canada's main stock index fell on Friday, closing at its lowest level for five months reflecting weakness in mining stocks as gold futures and copper prices declined.Read full newsRead More

Bitcoin Mining Is Potentially More Energy-Intensive Than Gold Mining

February 10, 2018 / dlvr.it

But Bitcoin could be so much more than digital gold.Read full newsRead More

Why Altria Group Could Be a Gold Mine for Income Investors

February 10, 2018 / dlvr.it

The U.S. tobacco giant has many ways to profit in the year ahead and beyond.Read full newsRead More

Hecla Reports Record Reserves for Silver, Gold and Lead

February 10, 2018 / dlvr.it

15% Increase in Zinc ReservesRead full newsRead More

REFILE-China provincial regulators probing financing backed by shares - paper

February 10, 2018 / www.kitco.com

(Corrects 3rd paragraph to remove extraneous word)BEIJING, Feb 10 (Reuters) - Securities regulators in several provinces of China are investigating the use of shares as collateral for financing activities to curb potential risks, the state-owned Securities Times newspaper reported on Saturday.The provincial regulators have launched an "intensive investigation" into stock-backed borrowin...Read More

There's a Good Reason Why Gold Hasn't Rallied as Stocks Sold Off

February 10, 2018 / www.bloomberg.com

Goldman's Currie Says Commodities Worked as Advertised in Equity SelloffIt’s fair to ask why havens haven’t rallied as shares slumped. Gold, for example, is down this week and exchange-traded funds backed by the metal saw heavy selling, with holdings declining the most since July.One possible reason is that ETF investors might be selling gold to offset their stock-market losses, acco...Read More

Stock Selling Unleashed!

February 10, 2018 / www.321gold.com

Adam HamiltonArchivesFeb 09, 2018 The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology w...Read More

Worst Week in 2 Years for Stocks Ends on High Note: Markets Wrap

February 10, 2018 / www.bloomberg.com

Friday advance pares S&P 500's weekly plunge to 5.2 percentInterest-rate jitters could return with U.S. inflation reportLiz Ann Sonders of Charles Schwab says the pickup in economic growth contributed to the market selloff.U.S. equities ended their worst week in two years on a positive note, but rate-hike fears that pushed markets into a correction remain as investors await American inflation figu...Read More

Dow Finishes With Gain of 330 Points, S&P 500 and Nasdaq Also Close Higher - TheStreet

February 10, 2018 / www.thestreet.com

Here are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average's plunge on Thursday of 1,033 points was its second-worst point drop in history.  The S&P 500 has lost more than $2 trillion in market cap from its high.The energy sector was under pressure after oil prices fell for a sixth straight session. Wall Street Overview The Dow Jones Industrial Aver...Read More

Why I Own Gold and Gold Mining Companies - An Interview With Jayant Bandari

February 10, 2018 / www.acting-man.com

Opportunities in the Junior Mining SectorMaurice Jackson of Proven and Probable has recently interviewed Jayant Bandari, the publisher of Capitalism and Morality and a frequent contributor to this site. The topics discussed include currencies, bitcoin, gold and above all junior gold stocks (i.e., small producers and explorers). Jayant shares some of his best ideas in the segment, including arbitra...Read More

Wall Street Poised for Rebound, But Volatility Keeps Global Markets Cautious - TheStreet

February 10, 2018 / www.thestreet.com

U.S. stocks could open firmly higher Friday, according to early futures prices, but with government bond yields and volatility gauges still elevated, investors in Europe and Asia remained cautious the echo from last night's 1,000 point plunge for the Dow Jones Industrial Average echoed across global markets. Early indications from U.S. futures prices suggest a positive open on Wall Street, altho...Read More

Two Competing Market Narratives

February 10, 2018 / dailyreckoning.com

Markets were up and down like a yo-yo today, but the Dow closed today up 330 points.Since last Thursday we'd seen a triple meltdown in bonds, stocks and cryptocurrencies. What's amazing is that there's no consensus on why these three markets were all crashing at once.Using my unique Project Prophesy predictive analytic methods, I can offer investors a clear view of why markets have been falling, a...Read More

Greedy When Others Are Fearful

February 10, 2018 / dailyreckoning.com

The lion has lost its roar.Stocks have officially suffered a "correction."After yesterday's soaking, both the Dow Jones and S&P fell 10% from their recent highs.And like a moony love affair gone suddenly wrong... last month's euphoria has succumbed to this week's disillusionment."Disillusionment" seems just the right word, too.This week's events have left many investors disillusioned…Van...Read More

[3 Must-See Charts] Testing the Lows

February 10, 2018 / dailyreckoning.com

It was another rough day for the markets.The major averages fell off a cliff yesterday afternoon to finish the trading day at the lows. The Dow Jones Industrial Average coughed up another 1,000 points to post a 4% drop. The S&P 500 and Nasdaq Composite weren't far behind.Aside from a couple positive earnings surprises, few stocks were safe from Thursday's drop. This morning, the selling is con...Read More

As the Dust Settles, WMD Evidence Mounts...

February 10, 2018 / dailyreckoning.com

As the dust settles from Monday’s flash crash, we’re starting to get a better picture of what actually happened.It turns out the carnage can be traced back to a kind of financial “weapon of mass destruction” - or WMD. Traders regularly use these instruments to siphon cash out of the market. But one wrong move, and BOOM! - as we saw firsthand earlier in the week.So today, we...Read More

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