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
This week a major winter storm ripped across most of the eastern United States.It caused major electrical blackouts and endangered the lives of millions of Americans.Continue...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Critically, Makary explains the recent plunge in cases, hospitalizations, and deaths is not policy-related (no matter how much the politicians and their media lackeys push that narrative):Continue...Read More
The Wuhan Institute of Virology (WIV) is authorized to receive taxpayer funding for animal research through January 2024, according to the National Institute of Health.Continue...Read More
"Sanctions have exacerbated pre-existing economic situations and have dramatically affected the whole population of Venezuela, especially but not only those in extreme poverty, womenContinue...Read More
The physical demand is driving the price of silver more than the Comex right now, says Garrett Goggin, editor of the Silver Stock Analyst. "It's hard to find physical silver; the coin dealers got cleaned out," he notes to our Daniela Cambone. "Now is the time to be vocal, the small investors are taking on the big banks and they are using silver as an example." Goggin also discusses popular silver...Read More
Todd Horwitz, chief market strategist of BubbaTrading.com, weighs in on the consequences of the GameStop hearing on Thursday. Robinhood should compensate traders for any losses incurred from trading restrictions, and Keith Gill, also known on Twitter and YouTube as 'Roaring Kitty', would likely face penalties for initiating the squeeze on GameStop shares, of which he had held a long position, Horw...Read More
Liberty Gold is granted access to additional land at its Black Pine project. In a news release, Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced it received approval of the amendment to the plan of operations for its Black Pine project in Idaho. "This important milestone permits access to the largest undrilled target area in the Black Pine gold system, covering several square kilometers of hig...Read More
Metallic Minerals reports the results of its 2020 drill campaign targeting the East Keno area of its Keno Hill project. Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release that complete results from 2020 drilling the East Keno area of its Keno Hill project in the Yukon's Keno Hill Silver District "confirmed the presence of high-grade, Keno-style mineralization within br...Read More
Drill results show this system, in the Blueberry zone of Scottie Resources' namesake property, remains open along strike and at depth. In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced that new drill results from the Blueberry zone at its Scottie project in British Columbia returned high-grade gold-silver mineralization and confirmed the existence of a north to south-oriented mine...Read More
Mexican integrated steelmaker Altos Hornos de M?(C)xico (Ahmsa) said it was able to partially resume operations on Friday February 19 after being forced to stop output at its steel unit and its coal and iron ore mines due to a shortage of fuel and energy. Ahmsa secured most of the energy supply needed by its mining and steel units and was able to re-establish gas supply at 50% of the normal p...Read More
Italian steel distributors' association Assofermet has sent a letter to the European Commission highlighting distortion in the European Union carbon and stainless flat steel market caused by anti-dumping and safeguard measures. The association has specifically asked not to prolong existing safeguard measures into steel imports beyond their expiration on June 30 this year, it said on Wednesday Febr...Read More
A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether.Market chatter on this topic has grown increasingly louder, with industry sources in China hearing more and more details about these plans from late January onward."This is likely in line with China...Read More
Continued tightness in aluminium supply and improved demand have sparked another sharp increase in aluminium premiums in Europe, for both primary metal and value-added products.The benchmark aluminium P1020A premium, in-whs dup Rotterdam increased to $120-128 per tonne on Friday February 19, up by 3.77% from $117-122 per tonne the previous day and the highest level since reaching $120-13...Read More
Mexican integrated steelmaker Altos Hornos de M?(C)xico (Ahmsa) said it was able to partially resume operations on Friday February 19 after being forced to stop output at its steel unit and its coal and iron ore mines due to a shortage of fuel and energy. Ahmsa secured most of the energy supply needed by its mining and steel units and was able to re-establish gas supply at 50% of the normal p...Read More
Palladium was manipulated for years. It had the largest short position relative to itssize, while physical demand rose inversely to decreasing supply.In 2018, demand became so large that itoverwhelmed the shorts.Physical palladium could not meet the market'sneeds and prices exploded. Shorts eventually decreased their positions untilthey got to a more sustainable level.For many years, the platinum/...Read More
Gold is dodging bullets, as it comesincreasingly under fire from rising U.S. interest rates and a USD that ispoised to surge.Catching unsuspecting traders in yetanother bulltrap , gold’s early-week strength quickly faded. And with investorsunwilling to vouch for the yellow metal for more than a few days, therush-to-exit mentality highlights a short-term vexation that’s unlikely tosubsi...Read More
An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday February 19.China Low-grade seaborne manganese ore prices inched higher on a cif basis amid improved supplier sentiment due to rising logistics costs and the stronger South African rand, which reduces miners' netback in local currency.A steep rise in freight rates widened the gap between...Read More
Copper traders are starting to place bets that the metal will hit $12,000 per tonne by December but market makers say bullishly positioned options are dragging the metal's price higher sooner than that. Targeting March expiry, traders have placed 1,970 lots of call options at $9,000 per tonne on the London Metal Exchange, giving the holder the right to buy the metal if that level is hit; a further...Read More