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
Here's why it was easy to orchestrate a raid on our precious metals...by Harvey Organ of Harvey Organ BlogWITH LONDON CLOSED IT WAS EASY TO ORCHESTRATE A RAID ON OUR PRECIOUS METALS: GOLD DOWN $46.20 TO $1864.05//SILVER DOWN 47 CENTS TO $22.57//PLATINUM DOWN $11.50 TO $937.95//PALLADIUM DOWN $110.95 TO $221.0.70//GOLD STANDING FOR MAY 2022 ADVANCES BY 6500 OZ TO 5.555 TONNES//SILVER OZ STANDING DE...Read More
Chris Vermeulen of @TheTechnicalTraders reminds investors that flexibility and constant evolution are important during these ...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
Whilst it must be frustrating for Precious Metals sector investors to watch Tech stocks continuing to "shoot the moon" while PM stocks have mostly done nothing, the chart presented below suggests that this situation won't persist for much longer.The 7-month chart for GDX shows it probably completing the Handle of a sizeable Cup & Handle continuation pattern. GDX has stayed above the support leve...Read More
ArcelorMittal is seeking approval from European authorities for its acquisition of steelmaking assets in France that belong to Liberty Steel, the European Commission (EC) said on Monday June 7."ArcelorMittal confirms that it has submitted an offer to acquire the Hayange and Ascoval steel plants which are currently owned by GFG Alliance," ArcelorMittal said.A deadline for publication of the provisi...Read More
Early 2022 has brought the most traumatic events in Kazakhstan’s 30 years of modern independence. Widespread protests and civil unrest led to unprecedented scenes of violence on the country’s streets. Especially in Almaty, the largest city. More than 225 lives have been lost.What began as peaceful demonstrations against a sharp increase in the price of LPG fuel in resource-ri...Read More
I most often use linear scale charts for stocks, markets and indicators for their more absolute views. But in the case below we conjure up a long-term log scale chart showing the Gold/Silver Ratio (GSR) and the S&P 500 (SPX), as it works better in providing a percentage-based relationship between an indicator of market liquidity and inflation when declining and lack of liquidity, deflation or&...Read More
The three-month zinc price on the London Metal Exchange was higher during morning trading on Wednesday December 4, with its price action bolstered by the fresh cancelation of 2,325 tonnes in addition to a narrowing of the metal's benchmark cash/three-month spread backwardation. Zinc's outright price on the LME was recently seen trading at $2,240 per tonne, a gain of $38 per tonne against Tuesday's...Read More
En Coahuila, un menor de cinco a??os termin?? con par??lisis cerebral como consecuencia de morder una pila. 30 septiembre de 2019COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.exc...Read More
The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard...Read More
The price of shredded ferrous scrap imported into India edged up this week ahead of an expected a slowdown for the religious festival of Diwali, sources told Fastmarkets on Friday October 26.Fastmarkets' weekly index for containerized imports of shredded scrap into India inched up to $355.67 per tonne cfr Nhava Sheva on October 26, from $354.42 per tonne cfr Nhava Sheva on October 19.Deals this we...Read More
Turkish steel producers continued to book deep-sea scrap cargoes and also confirmed other earlier transactions on Friday October 26, pushing prices upward.Details came to light on the two cargoes reported on Thursday.A steel mill in the Marmara region booked a Baltic Sea cargo comprising 25,000 tonnes of HMS 1&2 (80:20) at $333 per tonne cfr and 5,000 tonnes of bonus grade at $342 per tonne cfr.Ad...Read More
When I discuss the idea of OPM (Other People's Money), I think most people are confused by the term. Put simply, it's understanding good debt, and how to make it work for you. I use it in the context of real estate. Some people are on board with it-excited even-about the possibilities. But then they become intimidated by the idea of how exactly to find and use OPM.This is completely normal. I've f...Read More
Prices for light iron scrap in the United Kingdom have not changed over the past seven days, extending a period of stability into a seventh consecutive week, sources told Metal Bulletin on Friday October 26.But market sentiment suggests that the light iron market may move higher in the near term because demand was firm among the major shredders and there was strong demand from an unusual source ac...Read More
Yesterday, I laid out how we are heading into winter with the perfect setup for a natural gas price spike.And by “spike,” I mean at least a double, but more likely a triple and perhaps more.For this to happen, all we need is a colder than average winter. That’s because storage levels are already low and history tells us that a cold winter would use up nearly ALL of the natural ga...Read More
(IDEX Online) - Watch and jewelry sales in the US showed further signs of recovery in December 2023, with the largest monthly rise since July 2022.Major brands have been faring better during the final quarter of 2023 with Richemont enjoying a 12 per cent revenue hike among its watch and jewelry maisons and LVMH reporting sales up by 3 per cent. The latest available figures show that Swiss watch ex...Read More
Egon von Greyerz - Twitter, Released on 12/30/22The #BondMarket is dying right before our wide-open eyes.If this seems hard to believe or "sensational," just consider what Bank of America already knows, namely that global government bonds are poised to record their 6th worst annual return since 1700. Yes, 1700. pic.twitter.com/55ocVfdU7Y- Egon von Greyerz (@GoldSwitzerland) December 30, 2022 Egon...Read More
There's a reason why you might be noticing the tactics and effects of psychological torture in your everyday life. Do you know what Continue...Read More
Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors.Talking Points From This Episode- Semiconductor market and dependency on tech.- Parabolic melt-up into a secular top followed by an 80% bear market- Second wind in housing possible.- Global deflationary bust followed by an inflationary recovery cycle- Dollar weakness now followed by big dollar rally dur...Read More