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
Flat steel import prices in the United Arab Emirates and Saudi Arabia have fallen over the past week, with demand remaining limited, sources told Fastmarkets on Tuesday October 23.UAE Hot-rolled coil from Russia was on offer to the UAE at $560-565 per tonne cfr, with one buyer bidding $550 per tonne cfr. Egyptian material, meanwhile, was on offer to the UAE at $585 per tonne cfr, wi...Read More
Domestic rebar prices in Poland have moved down over the past week due to declines in ferrous scrap prices across Europe, sources told Fastmarkets on Friday September 13.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 2,080-2,130 zloty ($529-542) per tonne on September 13, down by 20 zloty from 2,100-2,150 zloty per tonne one week earlier.The asses...Read More
Jack Posobiec - Twitter, Released on 3/21/23We've had only one president in the modern era of the United States who refused to start any new wars And he is the one they are going to indictAre you paying attention yet?- Jack Posobiec ???????, (@JackPosobiec) March 22, 2023 Are you paying attention yet? added by Herman James on 03/22/2023View all posts by Herman James ?+'Read More
China's ferrous futures dropped in morning trading on Tuesday December 25. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,368 yuan ($488) per tonne, down 51 yuan per tonne May hot rolled coil: 3,354 yuan per tonne, down 38 yuan per tonne Dalian Commodity Exchange May iron ore: 483 yuan...Read More
BUENOS AIRES (Reuters) - French Finance Minister Bruno Le Maire said on Saturday the European Union could not consider negotiating a free trade agreement with the United States without Washington first withdrawing its tariffs on steel and aluminum.Speaking to reporters at the G20 finance ministers and central bank governors meeting in Buenos Aires, Le Maire said there was no disagreement between F...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb...Read More
By Keith WeinerLast week, we wrote about the concept of discounting. This is how to assess the value of any asset that generates cash flow. You calculate a present value by discounting earnings for each future year. And the discount rate is the market interest rate. We said:"If the Fed can manipulate the rate of interest, then it can manipulate the value of everything......There is no other rate...Read More
The comments above & below is an edited and abridged synopsis of an article by EconomicaHuge increases in federal debt over the last ten years was accompanied by a minimal increase in interest payable on all that debt. The Federal Reserve is primarily to thank for the cheapening of debt and encouragement to undertake all that debt, but many fear ongoing interest rate hikes.In five months of fiscal...Read More
Benjamin Baptista will retire and leave his role as chief executive officer of ArcelorMittal's Brazilian unit on September 30 after 12 years, with current Latin America long steel CEO, Jefferson De Paula, to replace his role, Baptista said on Tuesday August 3.Baptista joined ArcelorMittal in 1983, when it was still called Companhia Sider??rgica de Tubar??o (CST). It was later bought by Arcelor, to...Read More
We are not saying that gold and some gold stocks have notperformed well particularly after 2013-2014. Many gold stocks have put in outstandingperformances while many of the so called experts in the investment world missedthem. Note well that the major American brokerage industry willnot and has proven incapable of ever offering timely and accurate advice forgold and gold stocks. Generally speaki...Read More
Minister says laundering and trading rules need to apply'Digital prospectus' should be required for ICOs, Loeger saysAustria’s finance ministry is looking at the trading rules for gold and derivatives as inspiration for drawing up regulations on cryptocurrencies for the nation and for the European Union.The goal is to prevent Bitcoin and similar virtual currencies from facilitating money la...Read More
The Eleonore gold mine 320 km north of Matagami in the James Bay region of Quebec. Source: Goldcorp Inc.Newmont Mining Corp. [NEM-NYSE] shareholders have approved the company's $10 billion takeover of Goldcorp Inc. [G-TSX; GG-NYSE]. The combined company, called Newmont Goldcorp., will rank as the world's biggest gold producer with assets across the Americas, Africa and Australia.About 98% of votes...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, is pleased to announce that it has restructured the royalty agreement ("Restructured Royalty Agreement") with its portfolio company QVI Inc. ("QVI"), which is now in operation at its newly opened cannabis-infused product manufacturing facility...Read More
Not only can ounces be added to that stack, but frugality also means being better prepared for a recession, for rising food costs, and for layoffs...by Daisy Luther of The Organic PrepperThere's a big movement towards frugality afoot these days. It probably has something to do with our declining economy, record unemployment levels, and the increasing price of food, but only the wisest families are...Read More
Friday Wrap: Um, so if you're not on silver's side, you might want to raise that white flag right about now. Silver is about to make things really messy...This morning I asked if silver might test a 16-handle based on a new possible contrarian indicator?So far my theory is wrong, but either way, we're down, and it hasn't been an easy day to sit through.But we need to look at the bright side - we'r...Read More
Turkish steel mills were silent on the first working day of the week with no deep-sea purchases taking place and prices remaining stable, sources said on Monday October 7. Two cargoes were booked at the end of last week. One Turkish steel mill in the Marmara region booked a UK cargo at $223.50 per tonne cfr for HMS 1&2 (80:20) and another steel mill in the Izmir region booked a US cargo at $228.50...Read More
China's relentless "suggestions" to industry that it wants to see stable commodity prices appear to have suppressed speculative behavior and are beginning to cool bullish market conditions, sources told Fastmarkets on Thursday May 27.Rising commodity prices were highlighted for the third time in 14 days, on Wednesday May 26, during the the weekly executive meeting of China's State Council, le...Read More
Interview with Trey Wasser, CEO and Maura Kolb, President of Dryden Gold Corp. Our previous interview: ...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaIn the latest, and (you will be relieved to hear) final instalment, in my acclaimed series, I cast my all-seeing eye forward a bit more to ex...Read More