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
By Jordan Roy-Byrne CMT, MFTA Recent market and economic developments are positive for Gold and precious metals but conditions are not bullish yet. Bullish conditions and bullish fundamentals would be highlighted by a shift in Fed policy. They aren't shifting yet. They are slowing, which precedes a shift. From a market standpoint, we need to see strength in Gold in real terms (against stoc...Read More
By Rory HallOnce in a while it seems everything aligns just right and the world spins in the orbit we choose. This happened recently just after the publication of Gold: Still Money for a Reason The article was published on several other websites and generated quiet a bit of noise. We always like it when that happens! The really good news is Jp Cortez, Policy Director, Sound Money Defense League...Read More
November 29, 2018, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") announces that the Company's interim consolidated financial results for the first fiscal quarter 2019 ended September 30, 2018 have been filed on SEDAR. The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion...Read More
Editors note: I am not sure what to make of being called "Ireland's Mr Gold" but I suppose you could be called worse. For me, my fellow founder Stephen and our excellent team, it has never been about gold itself, but rather it has been about the benefit that gold provides to our clients, their families, their companies and the wider society.This benefit is not just in terms of hedging, financial...Read More
Global ferrous scrap prices continued to trend downward during the working week from Monday November 26 to Friday November 30, due to poor demand and lackluster sales of finished steel.Turkish scrap import prices and US export scrap prices fell due to weak market sentiment in Asia, while persistently poor demand continued to weigh on Asian scrap import prices. Indian import prices also slipped on...Read More
Sentiment in the European austenitic alloy scrap market has been negative and mills have continued to drag prices downward, sources told Fastmarkets on Friday November 30."Demand [for alloy steel scrap] is slow and sentiment in both the raw material and stainless steel markets is negative. The mills are trying to get...Read More
Former Dallas Fed official Danielle DiMartino Booth (DiMartinoBooth.com) joins the show just as Chairman Jay Powell faces his first major challenge: will he keep raising rates as promised now that autos, housing, employment, and even tech stocks look soft? And if not, will he effectively signal that the US economy is in big trouble? DiMartino Booth and Jeff Deist discuss Powell's performance to da...Read More
Just returning from his recent trip to Australia, Economist, Harry Dent recaps his tour and conversations about the country's demographics, real estate and other economic indicators.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, t...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Jeff Berwick interviews author of 'The Creature from Jekyll Island, G Edward Griffin. Topics include: entertaining ideas without accepting them, the federal reserve, cryptocurrencies are a volatile emerging market, intrinsic value, getting outside the current financial system, the California fires, abnormal high temperatures, vaporized ceramics, aluminium deposits, a plan to get people out of the...Read More
Google employees discussed whether to censor conservative media outlets in the company's search results as a response to President Trump's victory in 2016.Continue...Read More
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
Turkish steel mills ended the week with no deep-sea scrap bookings amid poor demand for finished products in the domestic and export markets as well as concerns over Asian steel markets, sources said on Friday November 30.After booking three deep-sea cargoes from the United States and the United Kingdom at the end of last week, steel mills in Turkey stepped out of the deep-sea scrap markets.Those...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
Kirkland Lake Gold (TSX, NYSE:KL; ASX:KLA) announced that its Fosterville Mine is expected to break its own record quarterly production in the fourth quarter of 2018. Full-year production is now forecasted at 330,000 ounces. Previously reported guidance was established at 300,000-310,000 ounces.In a press release, Kirkland Lake Gold said Fosterville's strong Q4 2018 performance reflects higher tha...Read More
Import prices for steel billet in Southeast Asia fell further on Friday November 30 amid downward pressure from low-priced Chinese materials, although trading remained at a standstill with buyers and sellers deterred by the drastic price drops.Additionally, the Philippines - a major billet importer - was away from the market due to a holiday on Friday.Fastmarkets' daily price assessment for billet...Read More
"This is an extraordinary phenomenon, and it gives us new, foundational knowledge of gold."Continue...Read More
Despite its best efforts, the "most likely scenario" is that mining operations will cease in Flin Flon, Manitoba in 2021, an internal memo to employees at Hudbay Minerals (TSX: HBM; NYSE: HBM) reads.While the company has been successful over the last few years in extending the life of its 777 mine from 2019 to 2021, the memo noted, its efforts to find new sources of ore from 777, "did not turn out...Read More
China's rebar prices dropped in both the domestic and the export markets on Friday November 30, amid low trading activity. Domestic Eastern China (Shanghai): 3,800-3,830 yuan ($547-551) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,520-3,550 yuan per tonne, down 10 yuan per tonneLow rebar futures prices led to little buying interest in the domestic market, pushing down prices. Stock...Read More