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
Austenitic alloy steel scrap prices in the UK domestic market were largely stable this week because low demand was matched by dwindling supply, sources said on Friday November 29.Fastmarkets' price assessment for stainless steel scrap 316 solids, domestic, delivered merchants UK, was ?1,170-1,250 ($1,512-1,615) per tonne on November 29, widening upward by ?20 per tonne and returning to the level...Read More
(IDEX Online) - Edward Asscher, outgoing president of the World Diamond Council, defended the Kimberley Process and addressed the "white elephant" of Russian sanctions at the World Federation of Diamond Bourses (WFDB) Congress in Israel."Today, through the KP and the work that we all do, I am convinced that 99.9 percent of all diamonds in the global marketplace are conflict free," he said."Is the...Read More
- Darryl Robert Schoon...the financial system experienced some serious liquidity shortages in August 2007, and the Fed injected funds to help keep financial markets operating effectively so that they would continue to support ongoing economic activityFederal Reserve Bank of San Francisco, August 2007In August 2007, a credit crunch swept global markets forcing central banks to provide billions...Read More
(IDEX Online) - Prices of fancy color diamonds rose by one per cent in the last quarter - compared with a 6.7 per cent slide for white diamonds in the same period.The Fancy Color Research Foundation (FRCF) today said average prices across all color categories had risen, although there were some price drops among particular size and intensity combinations.Yellows were up 1.4 per cent in Q3 2022, fo...Read More
ACIA has nearly closed its mid-April bear gapShares of Acacia Communications, Inc. (NASDAQ:ACIA) are up 4.5% to trade at $39.93, after Piper Jaffray analyst Troy Jensen upgraded the stock to "overweight" from "neutral," and hiked his price target to $46 from $38. Jensen said the latest earnings season has been "fairly good" for the optical component sector, as almost all suppliers continue to rep...Read More
(Reuters) - The White House struggled on Wednesday to contain the furor over President Donald Trump’s heavily criticized summit with Russian President Vladimir Putin, denying Trump ever meant to say that Moscow was no longer targeting the United States.Trump, facing a political uproar over his failure to confront Putin during their Helsinki summit on Monday over Russia’s 2016 U.S. elec...Read More
World's second largest miner Rio Tinto (ASX, LON, NYSE:RIO) said Monday it will begin developing its Koodaideri iron ore mine in Western Australia's Pilbara region next year, highlighting parallel plans to de-bottleneck rail capacity, which should increase it to 360 million tonnes per annum (mtpa) in 2019.The miner also said it would mine its first tonnes from the project, which it says it's one...Read More
The United States' ferrous scrap export market remains robust, with East Coast recyclers again raising prices in a bid to attract scrap while they compete with domestic mills for raw material.After a series of modest $5- and $10-per-gross-ton increases in recent weeks, No1 heavy melt prices jumped by $15 to $20 per ton at East Coast exporters over the past week.Exporters had been trying to ke...Read More
The International Copper Study Group (ICSG) has cut its 2020 global mined copper forecast by 950,000 tonnes, equivalent to nearly 4 million tonnes of copper concentrates output, citing the impact of the Covid-19 pandemic.The copper research group now expects a 3% year-on-year decline in world mined copper output in 2020, citing lockdowns that have been in place since March, the group said on Thurs...Read More
In addition to finance talks progressing well, the copper price rising and some inflationary pressures easing, the volume of data at the brownfields Nifty operation means "we can make the thing sing," managing director Barry Cahill says as Cyprium Metals moves towards restarting the copper project in Western Australia.Read More
Con la finalidad de atender las afectaciones que provocar?? la contingencia sanitaria por el Covid-19, el Gobernador del Estado, Juan Manuel Carreras L??pez, anunci?? un paquete financiero y fiscal por m??s de tres mil 200 millones de pesos, que beneficiar?? a los sectores tur?-sticos, comerciales, empresariales y poblaci??n vulnerables.COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s infor...Read More
Technical Analyst Clive Maund explains why he believes White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) is a Strong Speculative Buy,I am going to hit you with some simple logic this Sunday. If Mr. Bob Moriarty of 321gold.com considers White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) to be a "no brainer" at a price of CA$0.25, which he does, then I consider it to be even more of a no brainer at...Read More
Tata Steel and and Tata Power, two companies of the Tata Group, have agreed a Power Purchase Agreement (PPA) for solar power to be installed in Jamshedpur and Kalinganagar, the company announced on Friday October 29.The two companies have signed a 25-year PPA to set up the 41 megawatt(MW) solar project, which will be a combination of rooftop, floating and ground mounted solar panels, it said....Read More
Last week Donald Trump broke the theoretical "Chinese Wall" that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed's current policy to continue raising interest rates. Though, it's really more like "nudging" rates up at a snail's pace.Gold shot-up in price immediately after Trump's ill-advised comments recorded on CNBC it the tape, more than offse...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort193,65278,52252,942171,361308,050417,955439,514Change from Prior Reporting Period 3,975-20,198-2,664-31,740-10,626-30,429-33,488Traders18874734757268176 Small Speculators LongShortOpen Interest 51,42729,868469,382 -3,131-72-33,560 non reportable positionsChange from the previous...Read More
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(IDEX Online) - Pangolin Diamonds Corp. has recovered a white diamond from its wholly-owned Jwaneng South Kimberlite Project in an area 100 km south of the Jwaneng diamond mine in the Southern District Botswana. The diamond was recovered from an unscreened 60 litre sample collected within a 10 square metre area of a GPS controlled sample site, the firm said. This material was dry screened in the f...Read More
Zinc was the main exception to an otherwise falling London Metal Exchange complex on September 7, which was a day of very quiet trading conditions - just over 10,000 lots of copper were traded by 5pm. The three-month price of zinc was at $3,044 per tonne on Tuesday at the close, a 1.2% increase from Monday's price at the same time of $3,007.50 per tonne.It set an intraday high of $3,059 per tonne...Read More
When credit is too much of a good thing … What does credit do after it has finished the job it was designed for? The supply of credit ought to stop at funding productive activity. But the reality is different. Surplus credit fuels dangerous asset price inflation and funds profligate governments. – ReutersDominant Social Theme: A new kind of credit danger! And a new solution!Free-Market...Read More
Subscribers to Schaeffer's Weekly Options Trader service recently scored a 130% profit from weekly 9/22 162.50-strike Netflix, Inc. (NASDAQ:NFLX) calls. Below, we'll break down why we were bullish on NFLX and how the options trade unfolded. Netflix's stock chart was setting up nicely for a bullish move when we recommended the calls back on Aug. 30. Specifically, the shares were sporting a year-...Read More