"(The) information on AMCA's affected system included financial information (e.g., credit card numbers and bank account information), medical information and other Continue...Read More
Last week in an episode of my daily Ron Paul Liberty Report we discussed whether the US and British government were actually trying to kill jailed Wikileaks publisher Julian Assange. More than seven years ago Assange was granted asylum from the government of Ecuador over fears that espionage charges were being prepared against him by Washington. He spent those years in a small room in the Ecuadori...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
In the past, the Treasury market was terribly wrong about this. In these instances, the 10-year yield had no predictive quality. It was just a stupid move that then self-corrected brutally. The last such idiocy happened in 2016. The good folks who made that move are still ruing the day.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years o...Read More
You'd think that the more trouble the US causes around the world, the weaker the dollar would trade. Who, after all, wants to own the currency of the country Continue...Read More
What I'm about to show you is frightening to some people...And will become lucrative to a select few others. So there's no way to sugar-coat this.Continue...Read More
Markets are beginning to price in rate cuts and the Fed is under pressure to shift out of its policy to hold rates steadyContinue...Read More
@SadiqKhan, who by all accounts has done a terrible job as Mayor of London, has been foolishly "nasty" to the visiting President of the United States, by far the mostContinue...Read More
Import prices for steel slab in Asia fell over the past week on sluggish demand in East Asia amid declining prices in the downstream hot-rolled coil market, while trading activity slowed in parts of Southeast Asia due to holidays to mark the end of the Islamic holy month of Ramadan.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $455-460 per tonne cfr o...Read More
New findings are out from the New York Federal Reserve that reveal a troubling outlook for millennials who have now reached over US$1 trillion of debtContinue...Read More
"They located the treasure just six hours after leaving their house."Continue...Read More
Gold rose more than 1% on Monday to its highest price in more than nine weeks Continue...Read More
Gold production in Canada is expected to grow at a compound annual rate of 2.7% from 2019 to 2023. This, according to GlobalData, Mining Intelligence, Centre means this country's output will reach 7.6 million oz. four years from now.The centre said the growth is due to new mines - Agnico Eagle's Meliadine in Nunavut, Victoria Gold's Eagle in Yukon, and Endeavour Gold's Lamaque in Quebec. These pro...Read More
China's rebar prices largely softened on Monday June 3 amid a gradual drop in demand. Domestic Eastern China (Shanghai): 3,940-3,980 yuan ($570-576) per tonne, unchangedNorthern China (Beijing): 3,850-3,900 yuan per tonne, down 30-50 yuan per tonneWarmer weather in northern China led to demand for rebar in that region falling over the past few days.A price drop in Tangshan's billet market over the...Read More
Toronto-based Orefinders Resources is making plans to resample and compile 31,900 metres of historical drill core for its Knight gold project 70 km southwest of Kirkland Lake, in the Shining Tree district. The project includes several contiguous zones of mineralization which have now been consolidated into a single property by Orefinders.Orefinders is making a $500,000 non-brokered financing to su...Read More
Barrick Gold (TSX:ABX) (NYSE:GOLD) president and CEO Mark Bristow, along with the executive director of JV partner Zijin Mining Group, today met with Papua New Guinea's new prime minister James Marapa about extending the current special mining lease on the Porgera gold mine, which is set to expire on August 16, 2019. This marks the second time that Bristow has visited the country this year to reaf...Read More
Chrome ore and alloy prices dropped in various global regions in the week ended Friday May 31, with bearish sentiment in China deteriorating further after the release of lower tender prices for June. Chinese domestic spot prices follow tenders downwardImport prices for charge chrome and UG2 dropTurkish lumpy ore prices hold steadyAlloy prices slide in Japan, South KoreaAlloy prices weaken in Europ...Read More
The French Revolution of 1849 gave us this saying: the more things change, the more they stay the same. Let's look at its usefulness for current situation in gold. In Friday's Alert, we wrote that the turn of the month and the corresponding reversal is most likely to be a topping action, instead of a bottom and that the next meaningful bottom is going to take place at a later date. Gold rallied, a...Read More
Gold built on last week's gains on Monday rising 1.5% in heavy volume as investors seek a safe haven amid a widening trade war unleashed by US President Donald Trump.Gold for delivery in August, the most active futures contract, reached a high of $1,333 an ounce, the highest 10 weeks with over 33m ounces changing hands in New York by early afternoon.Trump's plan to impose a 5% tariff on all Mexica...Read More
Gold is finally seeing some bullish momentum as trade ructions escalate, fueling the biggest rally among the top miners in seven months.President Donald Trump's plan to impose a 5% tariff on all Mexican goods over illegal immigration rattled financial markets, boosting the haven appeal of the metal that has been weighed down by the strong dollar. China's threat to blacklist foreign firms it accuse...Read More