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
The GameStop short squeeze has captured the market's attention this week. And perhaps the best part, is that now the world is starting to find out about the short squeeze that's been happening for decades in silver.Which raises the question, will silver be the next GameStop?To find out, click to watch the video now!Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
They are going after EVERYONE who has a gun or ammunition. They are deeply concerned about a revolution and they want to know Continue...Read More
"The Attorney General, through the Bureau of Alcohol, Tobacco, Firearms and Explosives, shall establish a system for licensing the possession of firearms or ammunition in the United States, and for the registration with the Bureau of each firearm present in the United States.Continue...Read More
Bitcoin, or as I like to call it BitCON or Continue...Read More
"What we have to do now is also anticipate this and understand that we're going to have to change quickly." "As fast as we're opening restaurants, we're likely to be closing them in the near term."Continue...Read More
Laws? Only for you. Bend over. The snicker factor of a bunch of hedge fund and other Wall Street folks screaming about GameStop (GME) and others is astoundingly funny.Continue...Read More
"In this case, thanks to primarily, I would say, governmental policy, there's wherewithal among investors, if you want to call them that, or speculators, with government money being Continue...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
It would appear the run on silver has begun. With the market closed, traders have rushed to Continue...Read More
The miners are oversold and setting up for a rebound, but my guess is theyContinue...Read More
Swedish steelmakers SSAB no longer plans to acquire the Ijmuiden plant in the Netherlands off of Tata Steel, SSAB said on Friday January 29.Tata Steel initiated discussions with SSAB on the sale of its IJmuiden plant in the Netherlands and related downstream assets in November 2020. After the announcement, market sources said it would have allowed SSAB to increase its presence in Northern Europe.A...Read More
China's Baowu Steel Group, the world's largest steelmaker, is in talks with Shandong Iron & Steel Group Co for a potential merger.While a small segment of the steel market already had some knowledge of this development, particularly after Baowu Steel sent some of its company officials to Shandong Steel to conduct surveys on the topic of a merger, the matter became public after local media reported...Read More
General Motors (GM) plans to transition its entire light-duty vehicle fleet to electric vehicles (EVs) by 2035, bringing an end to its production of gasoline- and diesel-powered vehicles. The automaker aims to go carbon neutral by 2040.A GM spokesperson told Fastmarkets that the company has set a goal to exclusively produce EVs in its light-duty fleet and discontinue producing internal combustion...Read More
Here are five Fastmarkets stories you might have missed on Friday January 29 that are worth another look.South America's import prices for flat-rolled steel were mostly down during the week ended January 29, with China-origin material offered at lower levels for April shipment.The arrival of around a quarter...Read More
Here are five Fastmarkets stories you might have missed on Friday January 29 that are worth another look.South America's import prices for flat-rolled steel were mostly down during the week ended January 29, with China-origin material offered at lower levels for April shipment.The arrival of around a quarter...Read More
A differentiated fee structure designed to drive member-to-member trade away from the telephone market is being proposed by the London Metal Exchange as part of its discussion paper. The goal is to incentivize trade on the exchange's electronic trading platform, LMESelect, and is proposed to be achieved by cutting fees to trade electronically while raising fees for the telephone market by around 5...Read More
The London Metal Exchange and its clearing house are revisiting a proposal to transition to a different way of calculating its clearing methodology. The exchange announced its discussion paper on the topic on Tuesday January 19. The last attempt was made in 2017 and was rejected by LME members because it would make the provision of credit lines expensive and result in the rapid withdrawal of...Read More
Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor. The closure of the floor, now entering its 144th year, has been proposed in a discussion paper issued by the exchange earlier on Tuesday January 19.The open outcry floor may be old, but it didn't appear to have serious underlying health issues. It has successfully fought back against talk it was set to...Read More
Blastoff!by Morris Hubbartt Super Force SignalsA Leading Market Timing ServiceWe Take Every Trade Ourselves!Email: [email protected][email protected]Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts.SGS Key Charts, Signals, & Video AnalysisSuper Force Signals (SFS) is being rebranded as Super Gold Signals (SGS),...Read More
The latest forecasts from Fastmarkets' team of base metals analysts are ready to view.Aluminium: SHFE tailwind for LME pricesAs we are entering the traditional strong demand season, we expect Chinese aluminium demand to show further recovery, and we expect demand from existing end-user sectors, new infrastructure projects and the export sector to show some increases. As a result, we believe that S...Read More