Ontario's government is working for the people by investing more than $3.1 million in 13 agricultural companies in the northeast, creating or retaining 39 jobs."By investing in agricultural projects that stimulate growth and innovation, we are reinforcing the north's competitive advantage and sending a signal to the world that Northern Ontario is open for business and open for jobs," said Greg Ric...Read More

Fastmarkets proposes changes to the specification of its cobalt hydroxide payable indicator. The proposal is to change the payment window to include trades agreed on the basis of the following month's average metal price (ie, M+1). This amendment will allow Fastmarkets to consider more spot liquidity within its assessment of cobalt hydroxide payables. Data collected since the launch of two referen...Read More

A modified version of an early 20th century theory of money has captured strong support from progressive economists and politicians, as well as gaining several enemies along the way.It's called Modern Monetary Theory (MMT).MMT means a lot of different things right now to a lot of different people. But at the core of MMT is a simple observation:Currencies are government monopolies.The U.S. dollar,...Read More

Domestic prices for cold-rolled coil (CRC) have moved up this week despite trading activity remaining slow, sources told Fastmarkets on Wednesday June 5.The reason behind the increase was a combination of upward sentiment in hot-rolled coil, which is used as the feedstock for CRC, and an expected reduction in flat steel output in Europe.Fastmarkets' weekly price assessment for domestic CRC in Nort...Read More

Domestic transaction prices for hot-rolled coil (HRC) in the EU have moved up over the past week and steelmakers were looking for further price rises, market sources told Fastmarkets on Wednesday June 5.Fastmarkets' weekly price assessment for domestic HRC in Northern Europe was ?,?485-495 ($546-557) per tonne ex-works on Wednesday, up by ?,?5 per tonne week-on-week.The assessment represented tran...Read More

Voestalpine has blamed lower earnings for its 2018/2019 financial year on an economic slowdown caused by trade wars between the United States, China and Europe, as well as Brexit, chairman Wolfgang Eder said. Looking forward, macroeconomic developments will depend on the extent to which these external factors continue to affect consumer spending patterns in Europe and beyond, the Austria-based ste...Read More

Prices for rebar produced and delivered in Southern Europe widened upward by ?,?5 per tonne on Wednesday June 5 on limited trading, but weak demand continued, market participants told Fastmarkets.Fastmarkets' weekly price assessment for domestic rebar in Southern Europe rose to ?,?495-515 ($557-579) per tonne delivered on Wednesday from ?,?495-510 per tonne delivered on May 29."The price has...Read More

Domestic prices for hollow steel sections in Europe were unchanged this week, but feedstock costs have begun to recover from recent losses, sources told Fastmarkets on Wednesday June 5.Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week at ?,?600-630 ($675-709) per tonne delivered on Wednesday.Some market p...Read More

Steel H-beam prices in both Northern and Southern Europe were unchanged this week but sentiment was negative due to the low levels of demand, sources told Fastmarkets on Wednesday June 5.Fastmarkets' price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was unchanged week on week at ?,?585-615 ($658-692) per tonne delivered on Wednesday.One European mill was hop...Read More

Turkish mills continued their absence from the deep-sea scrap market on Wednesday June 5 while the country was on the week-long Eid al-Fitr public holiday, sources told Fastmarkets.The market will remain subdued for the remainder of the week while Turkey marks the end of the period of abstinence for the Islamic holy month of Ramadan.As a result of the lack of...Read More

By: Richard (Rick) Mills Gold was riding high Monday on bad news regarding the US economy, causing stocks to fall and Wall Street traders to pile into bullion. US markets were choppy on the first trading day after June 1, when the United States increased the tariff on $200 billion of Chinese imports from 10% to 25%. Shares of the so-called 'FAANG' stocks slumped, pulling the S&P 500 and the D...Read More

COLORADO SPRINGS, Colo., June 05, 2019 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the expansion of Isabella Pearl Mine mineralization with intercepts within and outside the current open pit deposit boundary. Drill intercepts outside the pit boundary include 22.86 meters of 1.03 grams per tonne (g/t) gold, including 4.57 meters of 2.02 g/t...Read More

By: Avi GilburtFirst, I want to begin this article by thanking all those who read my articles for the amazing outpouring of support and prayers for my wife who is recovering from a freak accident. So, with her sleeping right now, I thought I would pen another article to at least keep myself somewhat busy.Over the years, I have published many price trend change expectations which have hit quite w...Read More

By: Dave KranzlerAn inverted yield curve has historically been the most accurate indicator of an impending or concurrent recession. The inversion during late 2006 and most of 2007 is a good example. Studies have shown that curve inversions precede a recession anywhere from 6 months to 2 years. I would argue that, stripping away the affects of inflation and data manipulation, real economic activi...Read More

By: Stewart Thomson, Graceland Updates 1. The powerful sell signals I have in play for US stock markets at my www.guswinger.com trading service show no signs of abating.2. Please click here now. Double-click to enlarge this Nasdaq ETF chart. 3. President Trump unleashed a huge corporate tax cut early in his presidency, and that was very positive news for the stock market. Since...Read More

Every dog has its day, and Tuesday's vicious short squeeze was a pooch-lover's delight. DaBoyz even managed to goose Tesla for a 9% gain. Although that won't be nearly enough to reverse the death spiral in the automaker's shares, it will suffice to spook traders who have been shorting the stock with impunity for the last couple of months. Scandal-plagued Boeing was a relatively modest gainer amo...Read More

Trading volumes will be very less in Asia and even in Europe due to "Eid". There has been lots of news which gives a sense that precious metals are about to move away from the shackles of continued manipulation. I am hopeful that gold and silver will draw more and more short-term investors as well as medium term investors. 1. China has issued travel warning to its citizens travelling t...Read More

Dr. Chris Martenson of PeakProsperity.com, author of Prosper! notes the global "everything bubble."Virtually every asset class was inflated by profligate monetary policies and various fiat schemes.The global economy could be on the cusp of a 2nd Great Recession due in part to protectivist trade barriers.Fed policymakers may have lost their favorite method of ringing liquidity from the global finan...Read More

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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, BusinessWee...Read More

Russell Napier is an Edinburgh-based consultant who writes about issues impacting the global equity markets. Previously a strategist for CLSA Asia Pacific Markets, where he contributed to the development and scope of CLSA's equity research, he is now an independent strategist at and co-founder of ERIC, an online platform for the sale of high-quality individually priced investment research. He is t...Read More