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
"Fear is the enemy in a fiat currency system. Everything is based on our assumption that the guys in charge know what they are doing and that the confidence in them is good. You take that away, and they let us see them sweat, and it's over."John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Mo...Read More
Creditors of Brazilian steel producer and distributor A??o Cearense earlier this month approved a plan for the company's business recovery which included a restructuring of most of its debt.The company reached a deal with its creditors on November 9, in a meeting attended by 82% of its creditors, which between them held 98% of the company's debt.A??o Cearense filed for bankruptcy protection in May...Read More
RAPAPORT... Kering, the owner of high-fashion houses Gucci and YvesSaint Laurent, reported robust sales in its jewelry and watch divisions in thethird quarter amid growth in China and the introduction of new collections. "Jewelry delivered solid growth, with a very good quarter atBoucheron and strong performances from Pomellato and DoDo, while Qeelin pursuedits successful expansion in mainlan...Read More
Silver has certainly had a wild ride this year, more than living up to its super-speculative reputation. It got sucked into the overwhelming...by Adam Hamilton of Zeal LLCSilver soared last summer on skyrocketing demand from stock traders stampeding into silver-ETF shares. These huge positions that sure looked speculative initially have largely stayed deployed since, even riding out a silver cor...Read More
The purge continues LME tin continues to trade poorly relative to its peers, suggesting that the purge of the overly long position held by speculative funds is not done yet. It is interesting to notice that only tin and zinc, for which money managers are relatively the most bullish among the complex posted a loss last week. Once the purge is over, however, we believe that tin prices are likely to...Read More
"$PALDF - North American Palladium Ltd. (PALDF) Impala Platinum Holdings Limited to Acquire North American Palladium Ltd. Conference (Transcript). Get more info on Seeking Alpha: https://t.co/IgT7tXzmjx #stocks #markets #stockmarket"Read full newsRead More
Fastmarkets today, Friday November 6, launches its weekly Steel scrap shredded, index, import, cfr Port Qasim, Pakistan.Following a month-long consultation period, Fastmarkets has launched its price for MB-STE-0887 Steel scrap shredded, index, import, cfr Port Qasim, Pakistan, $ per tonne, to complement its existing steel scrap prices in the South Asia region.Fastmarkets already includes coverage...Read More
Some interpreted Powell's statement to mean more QE. There's a strong clue Powell meant something else. OK, but ....Continue...Read More
Ferrous scrap prices in most parts of the world were firm in the week ending on Friday November 2, with healthy demand in the key import market of Turkey supporting global prices.But prices in Asia weakened because steel mills in Vietnam and Taiwan held back from purchasing ferrous scrap due to fierce price competition in the downstream billet and long steel markets.Turkey importsTurkish steel mil...Read More
It's like the whole thing never happened, leaving nothing but sleep deprivation in its wake. The lesson? Actually, there are several...by John Rubino of Dollar CollapseFor just a little while - literally a couple of days - silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefor...Read More
Bob Moriarty of 321gold profiles a junior that is exploring a property it has optioned from Great Bear Resources. For investors in the resource sector this year has to seem similar to one of those sick, good-news, bad-news jokes. As a result of some world-class stupidity from governments around the globe shutting down the world economy in response to what appears to be little more than a bad flu...Read More
Nickel Creek Platinum Corp. (TSX: NCP; OTCQB: NCPCF) envisions becoming a leading North American producer of nickel, copper, cobalt and PGMs, through their wholly owned, large, undeveloped Nickel Sh??w Project, located in the favorable mining jurisdiction of the Yukon Territory, with exceptional access to infrastructure, including the paved Alaska Highway, which provides year-round access to deep-...Read More
CloseGain/LossGold $1222.40-$0.80Silver$14.32-$0.10XAU65.17-0.81%HUI147.19-0.73%GDM538.38-0.32%JSE Gold1143.65+2.03USD96.81+0.60Euro113.68-0.82Yen88.76UNCHOil$53.43-$3.7710-Year3.056%+0.003T-Bond139.90625+0.125Dow24465.64-2.21%Nasdaq6908.82-1.70%S&P2641.89-1.82% The Metals: Gold chopped near unchanged in Asia before it climbed up to $1228.70 in London and then dropped to...Read More
Loop Insights Releases September Company UpdateRead full newsRead More
"IAMGOLD Reports Remaining Assay Results from the 2019 Delineation Drilling Program at the Nelligan Gold Project, Quebec https://t.co/XADB5mu5TM"Read full newsRead More
Brazilian steelmakers were dissuaded from trying to impose further price rises in the domestic market, because of falling Chinese prices and a stronger exchange rate for Brazil's Real, the president of national distributors' association Inda, Carlos Loureiro, said on Tuesday October 23.Flat-steel maker Usiminas, for example, had planned a 5% rise for November, according to Loureiro, "[but] this is...Read More
Daily Reckoning, Released on 5/8/23I recently gained two important insights about the Fed and markets. Taken separately, either one would have been Continue... Rickards: Build Your Own Crystal Ball added by Herman James on 05/09/2023View all posts by Herman James ?+'Read More
Yahoo News, Released on 2/18/23"When publishing new print runs of books written years ago, it's not unusual to review the language used alongside updating other details including a Continue... Roald Dahl Goes Woke: Famous Children's Author's Books Heavily Altered by 'Sensitivity Readers' added by Herman James on 02/19/2023View all posts by Herman James ?+'Read More
The price of steel mesh-quality wire rod in the European domestic market was unchanged this week, with trading still heavily subdued because of the seasonal summer slowdown, participants told Fastmarkets on Wednesday August 21.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?485-510 ($538-565) per tonne on Wednesday, unchanged week...Read More
"$VET has pulled back 55% over the past 12 months due to negative investor sentiment on #energy #stocks. This is a deep value incredible High Dividend Opportunity! Continue reading and get more investing ideas on the Seeking Alpha Marketplace. https://t.co/Z0lMqvgsjQ #investing"Read full newsRead More