Popular News

Gold & Silver Seeker Report: This Week in Mining Issue #19: Gold Holding Strong, Drill Results, Royalties & St

June 28, 2020 / news.goldseek.com

With the gold price refusing to be knocked down below the $1,700/oz. level, it finished the weak above $1,750 [spot] and looks to be building a base, readying for its next leg higher. With continued monetary and fiscal malfeasance, showing no signs of abating anytime soon, it Is only a matter of time until new all-time highs in gold are reached. This will bode very well for the mining stocks. Th...Read More

Politicians Prepare New Money Drops as Dollar Weakens

June 28, 2020 / news.goldseek.com

MMX President Stefan Gleason: Why You Need REAL MONEY Like Never Before and How to Avoid One HUGE Mistake... Don't want to listen? Read the podcast below!Stefan Gleason, Money Metals ExchangeWelcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up we'll hear an interview with Money Metals president Stefan Gleason, who was a featured guest during the recent 360 Gold Summit. Stefan...Read More

Gold Stocks Still Undervalued

June 28, 2020 / news.goldseek.com

Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overvalued in this post-panic...Read More

Roosevelt 2.0 and 'here, hold my beer'

June 28, 2020 / news.goldseek.com

In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a "new deal for the American people" who had been ravaged by the Great Depression. After winning the 1932 election by a landslide, FDR, as he came to be known during World War II, took immediate action to bring about economic relief to the unemployed through public works programs,...Read More

Schiff: The V-shaped recovery narrative is falling apart

June 28, 2020 / marketsanity.com

*"I confused D.C with Puerto Rico when I discussed the number of Representative it would have if it became a state. It would only have one Representative. It's Puerto Rico that would have five."Topics:As I predicted, US stock market continued to be under pressure throughout the week.Financial stocks lead lower by Goldman Sachs.Companies that can't make money need to go out of business.Betting odds...Read More

Charles Hugh Smith on the New Normal, Systemic Fragility and the New Depression

June 28, 2020 / marketsanity.com

"A depression was already baked in because we didn't attempt to control or limit any of these extremes that create systemic fragility."http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginni...Read More

Glenn Greenwald breaks down new 'bogus' charges against Julian Assange

June 28, 2020 / marketsanity.com

Co-Founding Editor of The Intercept Glenn Greenwald discusses developments in the indictment against Wikileak's founder Julian Assange.Read More

3 Risks Threatening To Crash Stocks (Adam Taggart & Charles Hugh Smith)

June 28, 2020 / marketsanity.com

Since the appearance of the bearish island reversal we noted two weeks ago, stocks have struggled and so far failed to regain the highs reached earlier in June. And another bearish island reversal happened on Tuesday. The resistance displayed by these reversals and the resulting choppiness of trading are exactly the sort of indicators we would expect to see as harbingers of an approaching downturn...Read More

David Morgan: The clear winner of this economic collapse has been gold

June 28, 2020 / marketsanity.com

As markets spent the past month "oblivious to the economic reality" by recovering from their precipitous falls, the clear winner was the 'safe haven', gold.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing...Read More

The EU Just Banned Americans From Travelling to Europe

June 28, 2020 / marketsanity.com

The European Union will ban most Americans from traveling into the 27 nation bloc, along with Russia and dozens of other countries considered too risky.Continue...Read More

BuzzFeed "Reporter" Who Got Zerohedge Banned On Twitter, Fired For Plagiarism

June 28, 2020 / marketsanity.com

On Friday, Broderick was fired for plagiarism after BuzzFeed's new editor-in-chief, Mark Schoofs, published "A Note To Our Readers" detailing eleven instances whereContinue...Read More

RESEARCH: EU set to impose import duties on Indian, Indonesian stainless steel

June 07, 2021 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices and margins for stainless steel producers have risen notably over the past few months in both Europe and the United States, but there are now signs that the rally is petering out.A clear reason for the halt to rising prices comes from the near 20% drop in nickel prices seen in late February/early March,...Read More

RESEARCH: Stainless prices continue rise despite falling nickel costs

June 07, 2021 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts is ready to view.With nickel prices down by almost 20% over the space of around ten days during late February and early March, one might have been expecting us to be reporting sharply-lower prices of stainless steel, at least for the most common nickel-containing grades of stainless steel.This is not the case, at least in Europe and the Unite...Read More

RESEARCH: Stainless price rally picks up speed

June 07, 2021 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts is ready to view.We spoke in our previous tracker of stainless steel prices ending 2020 on a high. That trend has continued during early 2021 and, in fact, the upward rally in prices has increased its momentum.Compared with the monthly price increase of some 5% seen at the end of 2020, prices for grade-304 stainless steel in al...Read More

Copper prices: fundamentally justified or fundamentally flawed?

June 01, 2021 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Throughout 2021, I have been quite vociferous in my view that prices for copper (along with several other mined commodities) do not reflect fundamentals – the dynamics of supply, demand, stocks, costs and their empirically-obser...Read More

Global wind turbine fleet to consume over 5.5Mt of copper by 2028

September 02, 2019 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.Henry Salisbury, Wood Macken...Read More

Diamond Brooch Blows Away Estimate at Auction

June 06, 2021 / www.diamonds.net

RAPAPORT... An Art Deco Cartier diamond and rock crystal brooch sold for 10 times its high estimate, becoming one of the top five lots ever sold at Chiswick Auctions.The piece was formerly owned by New York socialite Augusta McCagg, a relative of the Vanderbilt family, famous for its shipping and railroad empires. It brought in GBP 150,000 ($212,350) at the May 28 sale after highly competitive bid...Read More

Phillips Garners $7M at Hong Kong Auction

June 06, 2021 / www.diamonds.net

RAPAPORT... A 10.59-carat diamond ring was the top seller at the Jewels and Jadeite auction at Phillips in Hong Kong.The square emerald-cut, D-color, flawless diamond went for $968,039, well above its estimate, at the June 5 sale, Phillips said Sunday. Another flawless diamond - an emerald-cut, 8.06-carat, D-color ring - also proved popular, fetching $568,449, at the upper end of its presale valua...Read More

India's Bunder Diamond Mine Faces Protests over 200,000 Trees

June 06, 2021 / www.idexonline.com

(IDEX Online) - The revival of India's Bunder diamond mine is facing mounting opposition - over plans to axe more than 200,000 trees.Essel Mining, part of the multinational conglomerate Aditya Birla Group, bought rights to the site in 2019. It has estimated reserves of 34.2m carats.But opponents are asking an Indian court to intervene and protect 382 hectares of the Buxwaha forest, in the Chh...Read More

Hong Kong Customs Seize Record $3.2m Diamond Haul

June 06, 2021 / www.idexonline.com

(IDEX Online) - Diamonds worth $3.2m were seized by customs officers in Hong Kong, in what is being described as "the biggest-ever seizure of this kind".Over 1,300 undeclared diamonds, weighing 0.3-cts to 2.0-cts, plus 330 grams of melee, were found in two backpacks in the back a truck that was stopped for inspection at the Sha Tau Kok control point last Thursday.  They were destined for Shen...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok