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
It's a beautiful morning here in rural Maryland. The Baltimore Ravens beat the mighty Patriots of Boston, and the Dow futures are up 124 points. Right now, the DJIA is at 23,382, gold trades at $1,510.20 an ounce, and silver is at $18.18. All is right with the world.Palladium is the big winner this year and is now up to $1,748. And in retrospect, we sold our physical rhodium too soon, as it is now...Read More
Bluestone Resources Inc. (TSXV:BSR, OTCQB:BBSRF) is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects, located in Guatemala. A feasibility study on Cerro Blanco, completed in January (the "Feasibility Study"), returned robust economics, with a quick pay-back and an average annual production projected to be 146,0...Read More
Surge Exploration Inc. (TSXV: SUR, OTC: SURJF, FRA: DJ5C) is a Canadian-based gold, copper, and cobalt explorer, focused on early stage mineral properties in the mining-friendly jurisdictions of Canada and the United States. The Company's projects include 100% interest in the Golden Triangle - Trapper Lake Copper-Gold Property in British Columbia, a 100% interest in the Mineral Mountain Copper-Gol...Read More
Today INK Ultra Money looks at longevity as an emerging investment theme. In particular, what would happen if you could reverse the aging process? AK breaks down the last week's premium episode of "Discoveries" to identify the massive opportunity presented by the health care industry's anti-aging space.A new way of looking at agingMeanwhile, as the Fed cuts rates and floods the financial system w...Read More
Today INK Ultra Money provides a free Real Vision which looks at longevity as an emerging investment theme. In particular, what would happen if you could reverse the aging process? AK breaks down the last week's premium episode of "Discoveries" to identify the massive opportunity presented by the health care industry's anti-aging space.A new way of looking at aging Meanwhile, as the Fed cuts rate...Read More
Demand for flat steel products in Turkey remained weak in October because of the decline in global prices, market participants told Fastmarkets on Tuesday, November 5.Nonetheless, they added that local producers have now filled their order books until late December.Local demand was already weak in Turkey in September, and political uncertainty in October led to a further fall in&nbs...Read More
Turkish exports of flat steel products declined by 21.8% year-on-year to 393,716 tonnes in September 2019, according to the Turkish Statistical Institute (TUIK).This compares with a volume of 503,524 tonnes in the corresponding period of 2018, the institute said.The reason for decrease in exports was the lackluster demand for Turkish flat steel...Read More
Hot-rolled coil import prices in the United Arab Emirates and Saudi Arabia have gone down this week on lower offers, sources told Fastmarkets on Tuesday November 5.Buyers were still reluctant to book large tonnages because of the falling prices as well as the weak end-user demand, they said.UAEOffer prices for HRC from China and Japan were heard in the UAE at $420-430 per tonne cfr this week, with...Read More
Import prices for steel billet and rebar in the United Arab Emirates have decreased over the past week, but domestic rebar prices remained stable, market sources said on Tuesday November 5.Demand for long steel was still moderate in the country, and buyers preferred to buy small quantities in order to avoid holding high stocks at the end of the year.Billet importsBillet was offered from Oman at ab...Read More
Chinese rebar prices picked up on Tuesday November 5 despite a dip in trading activity caused by transport curbs put up in conjunction with the China International Import Expo in Shanghai amid gains in the futures market.Eastern China (Shanghai): 3,710-3,740 yuan ($529-533) per tonne, up 40 yuan per tonneNorthern China (Beijing): 3,630-3,660 yuan per tonne, up 10 yuan per tonnesTraffic movements i...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products. Latest transaction: rebar, wire rodRebar East China, domestic, grade III 16-25mm...Read More
In a September report, the World Gold Council (WGC) pointed out that some investors are underexposed to gold. The gist of the study is that investors may assume they have adequate exposure to gold because they're invested in a fund that tracks a broad-based commodity index. The problem with this assumption is that most major commodity indices have a relatively small weighting in gold, and so the...Read More
Keith Weiner, Monetary MetalsNot too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not a theory. We called it a cargo cult. You'd think that everyone would know that donning fake headphones made of coconut shells, and waving tiki torches will not summon airplanes loaded with cargo. At least the people who believe in this have the excu...Read More
- Stefan GleasonAs investors reset their clocks to accord with the end of Daylight Savings Time, they may also need to reset their expectations for future returns. A strong body of research suggests that artificially changing the time twice a year - forward, then backward an hour - does more harm than good. It leads to sleep disruptions, heightened stress, missed appointments, wasted time (...Read More
By: Ira EpsteinGold support around $1480 area if it were to breakdown. Gold fighting resistance with overbought market, serious resistance..Read More
Prices for ferrous scrap in Mexico increased slightly in the northern steelmaking region of Monterrey in the week to Tuesday November 5, while prices were flat in the central steelmaking region of Bajio.Market participants are more optimistic about prices, with indications that scrap prices in the United States could see a modest recovery in November.In Monterrey, word circulated that at least one...Read More
Turkish steel mills stepped back from the deep-sea markets on Tuesday November 5, following the purchase of several cargoes the previous day, sources told Fastmarkets.Yesterday, three newly booked cargoes - two of US origin and one of Baltic Sea origin - ended a week-long hiatus since the previous booking. All three bookings were of similar composition and pricing, with HMS 1&2...Read More
?EUR? "I've Had This Story for Three Years... (ABC) Would Not Put It on The Air" says Good Morning America Breaking News Anchor, and 20/20 Co-Anchor Amy Robach. "It Was Unbelievable... We Had - Clinton, We Had Everything..."?EUR? Robach: "We Had Her Whole Allegations About Prince Andrew...I Got a Little Concerned About Why I Couldn't Get On."?EUR? Amy Robach Describes How She Interviewed a Woman W...Read More
Bridgewater Associates founder and billionaire investor Ray Dalio sits down with CNBC's Leslie Picker to discuss the state of monetary policy in the U.S., income inequality and more.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential pe...Read More
Would China and Russia really use the "nuclear option" on the US-in other words, dump Treasuries to punish the US and push their countries higher? Such a move would cause a severe spike in US interest rates, crash our stock market, and easily push the economy into recession. It's an extreme scenario, and many analysts believe it would temporarily hurt their own economies, too. But neither is the r...Read More