And I do mean "hate", as in "want you dead."After all I've yet to hear of a murderer who loved or even liked the people he or she killed.Continue...Read More
In comments made on Monday morning, Fed Chair Treasury Secretary Janet Yellen set the stage for several exciting new initiatives, including a higher corporate Continue...Read More
"The Supreme Court has now proclaimed that no one is above the law. Trump will, for the first time, have to take responsibility for his own dirty deeds."Continue...Read More
Yes. We are in a stock market bubble. The only question is, what will be the issue that eventually pops it? We Continue...Read More
New research published last week shows high levels of pollution for subway riders, with the worst air quality coming from places like New York and New Jersey, according to The Guardian. Continue...Read More
In this video Steve Penny breaks down what an "invisible crash" looks like. Basically, this is when governments use hyperinflation to continually raise asset prices, so that people do not notice that the currency is collapsing. This has happened throughout history, and we're beginning to see this more often, as countries are printing their currencies into a total economic crash. Steve says that Go...Read More
Platinum and silver have fundamental tailwinds from both rising inflation and improving economic conditions that will propel these metals to grow faster than gold in 2021, said Bill Baruch, president of Blue Line Futures.0:00?EUR< - Higher yields and market reaction5:33?EUR<- U.S. dollar8:49?EUR< - Yield curve10:19?EUR< - Gold11:25?EUR< - Platinum12:51?EUR< - Oil Read More
The Critical Investor discusses the turnaround Gold Terra Resource has made in the last few years and its current exploration program. Gold Terra Resource Looking for Multi-Million Ounce Deposit at Yellowknife City Gold Project, Raising C$2.88M 1. IntroductionWhen the mining industry is facing a gold bull market as it is now, many new opportunities are created in all kinds of forms and shapes in...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese export prices for seamless oil country tubular goods (OCTG) and linepipe barely moved in February 2021, after rallying in January, because the holidays to celebrate the Lunar New Year curbed market activity sharply.With the holiday now ended, we have seen some sharp jumps in round billet prices and we expect there to...Read More
Mexican automakers have temporarily halted operations due to an energy shortage caused by fewer natural gas exports from the US state of Texas, automotive industry association Amia told Fastmarkets on Monday February 22.Energy supply is expected to be normalized "in the coming days," the association said. At least 26 Mexican states have had power and/or gas supply cut in the past week."[The energy...Read More
Liberty Steel, part of the GFG Alliance, has signed a memorandum of understanding (MoU) with plant builder Paul Wurth and holding company Stahl-Holding-Saar (SHS) to develop a hydrogen-based steelmaking plant at its site in Dunkirk, France, the company said on Monday February 22.Paul Wurth is part of equipment provider SMS Group and has a partnership with hydrogen technology provider Sunfire, whil...Read More
China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on Monday February 22.Of these cargoes, four were unloaded in Jingtang port and one in Caofeidian port.The vessels had been waiting at anchorage along Jingtang port and Caofeidian port in Hebei province, China, for months, the sources said.It remains uncle...Read More
With the yellow metal just posting itslowest close since June and a bearish pattern forming, how vulnerable is goldto a further decline?Gold and mining stocks just broke to newyearly lows – as I warned you in my previous analyses. And that’s only thebeginning.Let’s jump right into the charts,starting with gold. Figure1 - COMEX Gold FuturesIn early February, gold broke below theri...Read More
Here are five Fastmarkets stories you might have missed on Friday February 19 that are worth another look.Mexican integrated steelmaker Altos Hornos de M?(C)xico (Ahmsa) said it was able to partially resume operations on February 19 after being forced to stop output at its steel unit...Read More
Mexican integrated steelmaker Altos Hornos de M?(C)xico (Ahmsa) said it was able to partially resume operations on Friday February 19 after being forced to stop output at its steel unit and its coal and iron ore mines due to a shortage of fuel and energy. Ahmsa secured most of the energy supply needed by its mining and steel units and was able to re-establish gas supply at 50% of the normal p...Read More
In 2019, 97-year-old John B. Goodenough receivedthe Nobel Prize for his groundbreaking work on developing lithium-ionbatteries His discovery more than 40 years ago led to amassive breakthrough, giving us the rechargeable batteries hidden insidedevices we use every day... From smartphones and computers to power tools andmedical equipment. But today, it’s led to a boom that’s signa...Read More
Here are five Fastmarkets stories you might have missed on Monday February 22 that are worth another look.China allowed five cargoes of Australian coking coal to be unloaded last week after a wait of several months, industry sources told Fastmarkets on February 22.The year...Read More
Chile's Corfo on Friday February 19 filed an arbitration process with the International Chamber of Commerce against United States-based lithium miner Albemarle for allegedly underpaying royalties on its lithium sales, Corfo confirmed to Fastmarkets on Monday February 22.Corfo is Chile's state agency in charge of handling lithium contracts.Albemarle operates a lithium production facility in the lit...Read More
The year 2021 will be a turning point for network readiness and availability of 5G telecommunications after delays last year resulting from the Covid-19 pandemic, sources have told Fastmarkets.More 5G smartphones, wearables and other consumer electronics have reached the mainstream market, while the increase in remote working practices that has resulted from lockdown measures continues to undersco...Read More
The prices of both copper and tin showed gains at the close of trading on Monday February 22, but signs of fatigue have started to emerge for the bulls in charge of nickel, which was down by 0.5% on a day when the entire London Metal Exchange base-metals complex set new multi-year highs.Copper closed up by 2.1%, at $9,097 per tonne, compared with Friday's 5pm price of $8,909.50 per tonne, while ti...Read More