Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
David HaggithMarch 16 2020Today's crash wiped out almost the entire Trump Rally, going back to the day "The Donald" was elected President of the United States. The stock crash, rolling through our days like late-summer thunder, is a daily headline now, each day unimaginably worse than the record day before!Charts can't even keep up with the action. Because I couldn't initially find one that matc...Read More
A lack of cumulative positive news on the US-China trade front has given the US dollar a leg higher to the detriment of most commodities. The weak headline US payrolls data also questioned the global growth path. Precious metals GOLD retreated to the lowest since January 25 last week, touching below its opening level for 2019. The US dollar drivers overcame gold’s safe-haven demand ev...Read More
Miners operating in the Democratic Republic of Congo (DRC) said Monday they were hopeful their current talks with civil society, a member of the mining code revision tri-partite group and other key interested groups, would help iron out issues that need to be dealt with before the country's new mining code is implemented.The group, which includes Randgold Resources, Glencore, Ivanhoe Mines, Ziji...Read More
Lithium Energy Ltd (ASX:LEL) executive chair William Johnson tells Proactive the company has made strong progress toward a ...Read More
A massive YouTube purge has taken place. Several channels have been removed from the platform proving truth is treason in the empire of lies.Continue...Read More
The gold price fell below US$2600 per ounce this week, responding to the US Federal Reserve's interest rate cut. Meanwhile ...Read More
Estimates of recoverable oil are proving wildly wrong. Art Berman, geological consultant with over 37 years experience in petroleum exploration and production, returns to the podcast this week to debunk much of the hopium currently surrounding America's shale oil output.Because the US is pinning huge hopes on its shale oil "revolution", so much depends on that story being right. Here's the narrati...Read More
Eastern China's hot-rolled coil prices narrowed downward on Friday May 22 after the Chinese government decided for the first time to drop its gross domestic product growth target for this year.DomesticEastern China (Shanghai): 3,560-3,570 yuan ($500-501) per tonne, narrowed downward by 10 yuan per tonneNorthern China (Tangshan): 3,510-3,520 yuan per tonne, unchangedPremier Li Keqiang confirmed at...Read More
NEW YORK (Reuters) - JP Morgan & Chase Co (JPM.N) Chief Executive Jamie Dimon and Ford Motor Co (F.N) Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.The cancellations could add pressure on other U.S. firms like Goldman Sachs Group Inc (G...Read More
By David Brady, CFATwenty-five percent tariffs on $200bln or 40% of China's exports to the U.S. are due to go into effect today or shortly thereafter. There seems little doubt that the U.S. will proceed with these tariffs: the U.S.' trade deficit with China hit a new record high in July. All that remains to be determined is how they will implement them and how will China respond? The tariffs co...Read More
The explorer/developer chose a clean solution to fulfill the power needs of its mine and plant. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) partnered with meeco to build and install a hybrid solar-diesel power plant for its Tuvatu gold project on Fiji, it announced in a news release.The Switzerland-based renewable energy provider will construct the facility on 4.1 hectares of available land abo...Read More
The challenge facing the world's major copper miners is how to tread the fine line between keeping capital expenditure in check while bringing new capacity online to take advantage of future higher prices. With memories of the 2008-09 global financial crisis fresh in the minds of company executives and management boards, the focus over the past several years has been on cutting costs, selling non-...Read More
(Kitco News)- Despite recent resiliency in equities, the market ismoving closer to a turning point and one quantitative investment strategistsays now is the time for investors to get a little defensive and addbroad-based commodities to their portfolios, including gold.In an interview with Kitco News, Scotty George, chiefinvestment strategist at Alexander Capital, said that his firm is currentlyove...Read More
Provided to YouTube by The Orchard EnterprisesAndrew Jackson ? Joe ZimmermanSmiling at Wolves?,, 2014 Comedy Dynamics, A Nacelle CompanyReleased on: 2014-01-28Music Publisher: Comedy Dynamics, A Nacelle CompanyAuto-generated by YouTube.Read More
Yellow Cake PLC (LON:YCA) has reported a net asset value of 218p per share as at 30 June 2019.The valuation is derived primarily from a holding of 9.2mln pounds of physical uranium, worth US$24.70 at prevailing spot prices, but acquired at an average price of US$21.8 per pound.WATCH: Price pullback gives Yellow Cake good opportunity to acquire additional uraniumThe total portfolio valuat...Read More
Turkey's Ministry of Trade announced on Saturday January 9 the initiation of an anti-dumping investigation into imports of hot-rolled flat steel from the European Union and South Korea.The products under investigation are under HS codes 7208.10.00, 7208.25.00, 7208.26.00, 7208.27.00, 7208.36.00, 7208.37.00, 7208.38.00, 7208.39.00, 7208.40.00, 7208.52.10, 7208.52.99, 7208.53.10, 7208.53.90, 7208.54...Read More
RAPAPORT... Rough-diamond prices will remain sluggish this year as themarket challenges that arose in the second half of last year are set to continue,two investment banks have warned.Prices are likely to drop 1% to 2% in the first half of2019, before recovering to end the year flat, analyst Kieron Hodgson atLondon-based Panmure Gordon said this week. Prices rose 2% last year due to astrong first...Read More
By Noel RandewichSAN FRANCISCO, June 6 (Reuters) - Shares of Advanced Micro Devices surged nearly 9 percent on Tuesday boosted by strong demand for its chips from cryptocurrency miners, leaving short sellers at a loss for the year.A rally in cryptocurrency Ethereum has boosted demand for graphics chips used by people to "mine" it and other digital currencies, with some of AMD's processors sold out...Read More
* Longer-dated yields touch lowest levels since November* Investors eye U.K. election, ECB meeting, Comey testimony* China may buy more U.S. bonds as yuan steadies-Bloomberg (Updates prices, adds quote)By Gertrude Chavez-Dreyfuss and Richard LeongNEW YORK, June 6 (Reuters) - U.S. long-dated Treasury yields fell to seven-month lows on Tuesday, as nervous investors favored the safety of bonds ahead...Read More
Here are five Fastmarkets stories you might have missed on Monday March 8 that are worth another look.The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.With...Read More