Bill Murphy is a former American professional football player, financial commentator, and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious metals. Murphy believes the price of gold is artificially low and has spent years lobbying the U.S. gover...Read More
Elon Musk dumps Tesla shareholder money into Bitcoin.Tesla is overvalued, but Bitcoin has no value.Will one bubble be the pin for another bubble?The establishment is behind Bitcoin!Dogecoin is better than Bitcoin.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...Read More
The uncertainty about new domestic prices for steel rebar in the United Arab Emirates continued during the week ended Tuesday February 9, with trading subdued and no imports heard, sources told Fastmarkets.Rebar producers in the UAE were expected to announce new prices next week, most probably after the Chinese New Year holiday (February 11-17).Importers of billet and rebar preferred to wait until...Read More
The Pentagon has said that it will deploy active-duty troops to COVID-19 mass vaccination sites across the country in an effort to make sure Continue...Read More
The Mayor of Tampa has threatened Super Bowl fans who were seen outside at bars not wearing face masks with police investigations.Continue...Read More
The red flags around JP Morgan and the SLV silver trust continue to emerge.Several analysts have already presented information that has left most SLV shareholders feeling incredibly uncomfortable. And in today's call, Nick Barisheff of BMG Group discusses what he's found in his investigation of the SLV.Nick Barisheff is president and CEO of BMG. He uses his understanding of the precious metals mar...Read More
Now that Klaus Schwab has put the Climate as part of Continue...Read More
Yesterday, reporters at the Washington Post provided important new information about the insidious machinations of high frequency traders' efforts to rig Continue...Read More
"Tonight we learned that the Joe Biden administration is releasing thousands of foreign nationals living here illegally into American neighborhoods without bothering toContinue...Read More
Inflation is finally coming back. That's the message that global markets from U.S. and European bonds to stocks and commodities are sending. Continue...Read More
The average yield on U.S. junk bonds fell below 4% for the first time ever as investors seeking protection from ultra-low interest rates Continue...Read More
The cost of steel billet imported into Southeast Asia continued to decline over the past week, with sellers able to attract some buyers with lower offer prices, market participants told Fastmarkets on Tuesday February 9.Billet consumers in Southeast Asia have been largely absent from the market in recent weeks, but the most recent drop in offer prices has stimulated greater interest on the bu...Read More
Outcrop Gold discovered five shoots in the past year at its Santa Ana project and is aiming to find more this year. Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) has had a busy year exploring its Santa Ana project in the Mariquita District of Colombia, where mining records go back to the 1500s. According to the company, "the Mariquita District is the highest-grade primary silver district i...Read More
Peter Krauth, editor of Gold Resource Investor, explains why corporate America is beginning to see gold as a necessary reserve asset. Federal Reserve BuildingYellen is Treasury Secretary. Powell is Fed Chair. And Sanders is head of the Senate Budget Committee. Most of the time, it's impossible to tell the future. But there are exceptions. Right now, there's no room left to read between the lines...Read More
Maurice Jackson of Proven and Probable sits down with Dr. Eric Jensen, CEO of prospect generator EMX Royalty, to discuss the company's new option agreements on five battery metal projects in Scandinavia, as well as its other projects. Maurice Jackson: Joining us for a conversation is Dr. Eric Jensen, the general manager of exploration for EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the roya...Read More
Newrange Gold plans an induced polarization geophysical survey of the primary target at North Birch. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) started a winter exploration program at its North Birch project east of Red Lake, Ontario, it announced in a news release. Line cutting for an induced polarization geophysical survey is underway, the company reported. Once completed, the survey will be co...Read More
Aurania Resources intends to drill test two outcrops on the northwestern margin of the Tiria-Shimpia target at Lost Cities-Cutucu. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release it chose drill targets to test the high-grade silver zones of the Tiria-Shimpia silver-gold target at its Lost Cities-Cutucu project in Ecuador."Intensive geological mapping in the region of T...Read More
With silver prices recently hitting an eight year high, Greg McCoach, Peter Megaw and Jorge Ramiro Monroy discuss the current silver market and talk about Mexico's flourishing silver mining industry and Reyna Silver, an explorer with several exploration projects. In a StreetSmart Live! Broadcast on Feb. 4, 2021, Greg McCoach, publisher of The Mining Speculator; Jorge Ramiro Monroy, CEO of Reyna S...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 9 that are worth another look.Australia's Port of Port Hedland shipped 4% more iron ore in January compared with a year earlier, though shipments were lower than those made in December, data from the Pilbara Ports...Read More
Hot-rolled coil prices in the United States slipped from an all-time high while market participants debated whether the rally had run its course.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $58.96 per hundredweight ($1,179.20 per short ton) on Tuesday February 9, down by 0.47% from a record $59.24 per cwt on Monday February 8. Still, the current price is up by 1.99...Read More