Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
BRUSSELS (Reuters) - The European Union will respond to U.S. tariffs imposed on steel and aluminum in a “responsible and reasonable” way, the chairman of EU leaders said in a letter published on Tuesday.EU leaders will discuss the threat of a trade war at their summit on Thursday and Friday, by when they should know if the United States has been willing to exempt the European Union fro...Read More
Former Deutsche Bank analyst David Liew told a Chicago jury he learned how to manipulate gold and silver prices from the two successful senior traders he admired and worked with for about three years. As Bloomberg reports, Liew "said he wanted to be a team player and make money after joining the bank's Singapore office, so he began doing "spoof" trades the way he was taught by Cedric Chanu and Jam...Read More
The comments above & below is an edited and abridged synopsis of an article by EconomicaHuge increases in federal debt over the last ten years was accompanied by a minimal increase in interest payable on all that debt. The Federal Reserve is primarily to thank for the cheapening of debt and encouragement to undertake all that debt, but many fear ongoing interest rate hikes.In five months of fiscal...Read More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Gold prices dropped on Wednesday as investors opted to rotate out of the safe-haven asset in favor of stocks after a handful of Dow components reported better-than-expected quarterly earnings.Continue...Read More
Why I'm Very Happy About Janet Yellen … President Barack Obama plans to nominate Janet Yellen as the next chairman of the Federal Reserve Board. In doing so, he will promote the pre-eminent policy economist of her generation to the role of the most powerful central banker in the world. Yellen is quite simply more qualified for the job than any of her predecessors … Tonight, I feel...Read More
The gold price has moved ahead this year, despite rising US interest rates and a persistent bull market in equities. Looking ahead, there are several reasons to believe that gold could maintain upward trajectory, as John Reade, Chief Market Strategist at the World Gold Council, explains.Investor attention may have been focused on US equity markets, technology stocks and crypto currencies this year...Read More
I often talk about long-term investing - the idea of buying something and then "forgetting about it" for a decade or two.Even though it's harder than it sounds, there's no doubt it can produce amazing results.I was recently reminded of that fact when I moved into my new house here in Santa Barbara.No, I'm not talking about the house itself, even though I plan on owning it for the next 20 or 30 yea...Read More
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) CEO Christopher von Jako speaks to Thomas Warner from Proactive after the ...Read More
...turning it into a true global currency would yield several benefits for the global economy and the international monetary system.Read full newsRead More
Domestic prices for hot-rolled coil in Northern Europe were fairly stable day on day despite limited trading activity, sources told Fastmarkets on Tuesday May 19.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?409.84 ($444.90) per tonne on Tuesday, down by only ?,?0.16 per tonne from ?,?410.00 per tonne on Monday.Tuesday's index was calculated based on deals a...Read More
Prices for inter-merchant light iron scrap in the UK market were unchanged during the week to Friday October 23 on tight domestic supply and a pick-up in export demand to deep-sea destinations, industry sources told Fastmarkets.Scrap coming into yards was reported to be down about 40% year-on-year and there is healthy demand from British steelmakers since August because steel production has picked...Read More
RAPAPORT... US consumers are planning to spend 4% more this holidayseason, as shoppers between the ages of 18 and 34 expand their circle of giftrecipients, according to the National Retail Federation (NRF). "Younger consumers are helping drive the spending increasethis year," Phil Rist, executive vice president of strategy at ProsperInsights, which ran a survey with the NRF, saidlast we...Read More
The Chinese government is poised to directly target the US non-ferrous metals and ore sector in the tit-for-tat trade war launched by US President Donald Trump. Beijing has highlighted metals and ores in a list of products that may be subject to retaliatory tariffs to the United State's third list of duties on Chinese tech, drafted over alleged thefts of US intellectual property. The US Trade Repr...Read More
Former White House Budget Director under President Reagan, David Stockman talks about his flagship financial newsletter, what kind of change is needed in DC and on Wall Street, and how he's encouraging readers to lead the charge against the status quo.Read more about The Stockman Letter right here: https://bit.ly/2zwquRtAlso, be sure to check out David's full presentation from the 2018 IES along w...Read More
A shortage of containers to ship commodities around the world and the consequent soaring in associated freight rates have led to a revival of interest in breakbulk cargoes. Producers and physical traders of metals, agricultural, chemical and timber products have been starting to book shipments in breakbulk vessels, which cost far less and doesn't require vast amounts of equipment in port. On the m...Read More
ROME (Reuters) - A clash between Italy’s ruling parties and their technocrat economy minister intensified on Thursday hours before the government was to unveil its first budget targets, sparking a sell off of state bonds on fears the minister could quit.Some coalition voices publicly told Economy Minister Giovanni Tria he should resign if he couldn’t back their spending plans as Tria i...Read More
1:12 Diminishing GDP returns7:34 Tax 2.0 and the "end of cycles"15:10 Shifting price action, shifting rationalizations17:03 What does the repo flare up indicate for the investment demand for public debt?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The F...Read More
Sep 28, 2023 Join Ian Bliss, President & CEO of Northern Shield Resources, for a market update to discuss the company's recent ...Read More