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
We learned from Rudi Fronk, Chairman & CEO of Seabridge Gold (TSX: SEA, NYSE: SA), that they are buying Pretium Resources' world-scale Snowfield Property, which hosts a large gold resource, immediately adjacent to Seabridge's 100%-owned KSM gold-copper project, in northeast British Columbia, Canada. This transformative acquisition enables exciting new development opportunities for KSM, which could...Read More
Buyers of steel rebar in the United Arab Emirates expect new domestic prices to be announced this week with an increase of about 315-515 dirhams ($86-140) per tonne, sources told Fastmarkets on Tuesday December 15.Domestic rebarSince November, the country's steel producers have been offering rebar at 1,984,1,985 dirhams ($540) per tonne ex-works for orders to be produced in December. However, the...Read More
It's that time of year when we stock market pontificators write about what we expect in the new year. But first let's see how we did with last year's estimates. It turns out that even with the monkey wrench COVID-19 threw at us, we did pretty well.Here is the recap, with last year's predictions in italics:1. 5G WinnersThe 5G rollout is happening now. Phones will become 100 times faster. Cable TV w...Read More
The export market for long steel products from the Commonwealth of Independent States (CIS) increased again during the week to Monday December 14 amid new sales and strong billet prices, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $600-610 per tonne on Monday, up by 11% from $540-550 per tonne a week...Read More
A shortage of scrap has forced Riva Group to halt steel making operations at its Hennigsdorf site in Germany, several sources told Fastmarkets on December 15.The rebar and wire rod producer had to suspend operations at the Hennigsdorf site, in Brandenburg state in the north east of Germany, last week because it had run out of steel scrap, several sources told Fastmarkets."Riva's Hennigsdorf has no...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index rose a modest 2.06 points to 1266.92, adding 0.2% to bring total gains over the past 6 weeks to 19%.Our long-term momentum indicator, MACD, fell 3 points to -2.23 and our short-term momentum indicator, RSI, dipped 2.7 points to 76.41. Support is at 1250 and 1238. Resi...Read More
Ferrous scrap prices in Mexico continued to increase in the week ended on Friday December 11 amid high demand from steel producers and a narrowing price gap between the north and central regions.At least two major steelmakers in the region near the country's northern Monterrey city announced increases in their scrap buying prices amid high competition to secure supply. A third steel producer...Read More
Domestic prices for ferrous scrap in Italy increased significantly in the month to Tuesday December 15, supported by the global uptrend as well as a material shortage in the domestic market, sources told Fastmarkets this week.Fastmarkets' monthly price assessment for steel scrap, No E3 (old thick scrap), domestic, delivered mill, Italy was ?,?260-265 ($316-322) per tonne on December 15, up b...Read More
Domestic ferrous scrap prices in Germany increased significantly in the month to Tuesday December 15, following the trend in the international market and supported by limited supplies, sources told Fastmarkets.Fastmarkets' monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill, Germany, was ?,?285-310 ($346-376) per tonne on December 15, up by ?,?240-245 p...Read More
Buyers of steel rebar in the United Arab Emirates expect new domestic prices to be announced this week with an increase of about 315-515 dirhams ($86-140) per tonne, sources told Fastmarkets on Tuesday December 15.Domestic rebarSince November, the country's steel producers have been offering rebar at 1,984,1,985 dirhams ($540) per tonne ex-works for orders to be produced in December. However, the...Read More
Offer prices for steel billet originating in the Commonwealth of Independent States continued to move up due to surging scrap costs and tight supply, while trading was quiet this week on offer-bid disparity, sources told Fastmarkets on Tuesday December 15. Offers for steel billet for February shipment from some Russian mills were heard within the range of $560-580 per tonne fob on Tuesday, with so...Read More
Stainless steel producer Outokumpu has upgraded its guidance for the fourth quarter of 2020 following better-than-expected sales, the Finnish company said on Tuesday December 15. With production facilities in Finland, Sweden, Germany, the UK, Mexico and the United States, and sales offices around the world, Outokumpu now expects its earnings before interest, taxes, depreciation, and amortization (...Read More
European ferro-silicon prices, which have been rallying since late October, will climb further near term and potentially challenge the annual peak of ?,?1,275 per tonne on tight supply both in Europe and non-EU countries and a gradual recovery in consumption, industry sources said.Fastmarkets last assessed the price for ferro-silicon lumpy basis 75% Si (scale pro rata), delivered Europe at ?,?1,12...Read More
Censorship is now out of control. And there's a War on Truth underway that is following the same sort of playbook as the intentional muddying of the science behind smoking, or how the sugar industry waged a very successful campaign to sell their products while making millions of people sick. Together these forces are combining to hold back effective - uh - medical responses (see, I can't use the a...Read More
Max interviews entrepreneur, Dan Collins, who has recently returned to the U.S. after twenty years living and working in China. They remind the audience that Dan had warned 18 months ago that Hunter Biden had a China problem.Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented "Virtual Specialist...Read More
A $900 billion stimulus bill is inadequate (it might cover the coming student loan defaults, but that's all ... or the restaurant industry implosion, or maybe 1/3 of the cost of state and local pension underfunding and so on. The crisis may be imminent. Everyone loves a bailout. All the bailouts have to happen regardless who's in power. Watch what happens to currencies around the globe this coming...Read More
Gerald Celente guest hosts The Alex Jones Show to debunk the recent rumors of his untimely demise, and call on the people to fight back against their authoritarian oppressors.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publis...Read More
Just a few of the world's massive institutional funds own any gold and silver at all, as Mike Maloney points out in today's video "it's just a tiny, tiny, tiny percentage". Now we are seeing announcements from many funds that they are going to start putting gold in their portfolios. "The flood hasn't come yet. These are the places it's going to come from - all you have to do as a small investor is...Read More
In this episode. Doug Casey tackles the meaning of life... or more specifically, the fact that people have lost their moral clarity, lost faith in themselves, and are desperate for a sense of meaning. How can they find it? Is the loss of meaning in our society intentional? Yuri Bezmenov interview: https://www.youtube.com/watch?v=IQPsK...?>>?Doug Casey is an American-born libertarian economist and...Read More
"Our country has officially a President-elect & a Vice President-elect..The Electoral College has spoken...Today, I want to congratulate Pres-elect Joe Biden."Continue...Read More