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
Before the crash that led to the 2008 financial crisis, the global stock markets’ market cap topped 120% of GDP. Warren Buffett monitored the events then and is watching things unfolding today. The GOAT of investing has a barometre that somehow signals a market correction.According to Bloomberg data, the “Buffett Indicator” showed that the global stock market is overvalued relati...Read More
As a defense-sector specialist, I spent years investigating advanced technology. So I can tell you firsthand it's not easy. Technology companies, government agencies, and Pentagon officials don't just come out and tell you what they're working on. Most of it is top secret. You'd need security clearance just to get a glimpse of it. Nevertheless, if you poke around enough... If you ask the right...Read More
The London Metal Exchange base-metals complex finished the week to Friday January 22 on a broadly positive note, with most metals prices up from their Monday levels, albeit trading sideways from Thursday.Tin's three-month price showed the biggest rise of the week from Monday's closing price. Friday's 5pm price was $21,960 per tonne, up by 2.4% from Monday's closing price of $21,235 per tonne, but...Read More
An overview of the new energy materials markets and their price moves from the past week.Read More
A lot of people are thinking that just because many mints are issuing gold bullion and gold coins, that they are basically similar to each other - they aren't.When you invest in coins, you are primarily looking at the collector's value. Sure, there's gold versus silver and other precious metals involved. But the main driver of the value of gold coins and other coins mixed with precious metals is t...Read More
The copper concentrate market continued to be active this past week although treatment and refining charges (TC/RC) were unchanged after a marked drop two weeks ago. What you need to know High swells in Chile causing disruptions to January shipments there. Smelters in China continue to buy at lower levels, especially for March. Traders continue sharp bets on small tonnages tendered...Read More
Adam HamiltonArchivesJan 22, 2021The gold miners' stocks have had a wild ride this month, surging then plunging. After hitting new upleg highs, the leading gold-stock benchmark collapsed in a sharp drawdown. That gutted bullish sentiment, bringing back worried bearishness. But despite that big swing, the uptrend of gold stocks' young upleg remains intact. This sector is still marching higher on ba...Read More
An overview of the new energy materials markets and their price moves from the past week.Read More
The raising, which will see 10 million shares issued at 6.6p/sh, follows Read More
West Kytlim's definitive feasibility study, which will see mining at several open pits simultaneously, yielding an uplift in production, was formally rubber stamped by Russian State Committee onRead More
Key data from Fastmarkets' pricing sessions in the week ended Friday January 22, in China, Europe and the United States.China Both domestic spot prices and export prices rose again, to their highest levels since March 2018. Bullish sentiment extended, with steel mills restocking ahead of the country's Spring Festival (February 11-17). Futures prices have softened in the past week, but the latest p...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 22.USAThe US manganese alloys markets continued their uptrend this week while thin available inventory and renewed demand strength continue to drive price strength.Lagging US imports and global production cutbacks have been credited with creating the present shortage of material on the groun...Read More
The copper concentrate market continued to be active this past week although treatment and refining charges (TC/RC) were unchanged after a marked drop two weeks ago. What you need to know High swells in Chile causing disruptions to January shipments there. Smelters in China continue to buy at lower levels, especially for March. Traders continue sharp bets on small tonnages tendered...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 22.USAThe US manganese alloys markets continued their uptrend this week while thin available inventory and renewed demand strength continue to drive price strength.Lagging US imports and global production cutbacks have been credited with creating the present shortage of material on the groun...Read More
Latest analysis from recent activity on the CME's cobalt metal futures contract, cash-settled against Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam. Key data Jan 20, 2021, 30 tonnes (10 tonnes each for March ($17.95 per lb), April ($18.00 per lb), May ($18.05 per lb)) Jan 11, 2021, 15 tonnes (5 tonnes each for February, March and April, all at $17.45 per lb)&n...Read More
Buyers of steel scrap in global markets were holding back from purchasing new cargoes in the week to Friday January 22, amid a sharp decline in prices and with more material being offered, and were hoping to re-enter the markets only after they have hit a bottom.Turkish import prices slump following fresh dealsUS sales to Turkey, Bangladesh show weaker pricesLower offers from Japan keep Vietnam bu...Read More
The price range for UK-origin light iron has widened downward in the week ending Friday January 22, with the lower end of the range falling because weaker export prices into traditional markets have put pressure on domestic prices in Britain, trade sources said.This downward pressure was mitigated, however, by relatively tight supplies coming into yards, as a result of reduced arisings from the au...Read More
The price of shredded steel scrap imported into India and Pakistan plunged by more than $50 per tonne on Friday January 22, following a sharp correction in the international scrap market, sources told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India at $430.83 per tonne on Friday, down from $480.38 per tonne a week earlier.There wer...Read More
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part down on Friday January 22, after having been up across the board a day earlier, while markets generally seem to be taking a breather after the enthusiasm the US presidential inauguration brought. Republicans in US Congress thought to be willing to work with President Joe Biden on his $1.9 trillion...Read More
I looked across the green felt poker table at Jimmy Nepple, a wily Irishman from the rough-and-tumble city of Newburgh, New York, and said, "I call."Pushing all my chips into the pot, about $400 worth, I stood up."Flip 'em," barked Jimmy.I turned over my two kings and stared coolly into his beady black eyes. Jimmy started laughing - softly at first, but then more and more maniacally. If you didn'...Read More