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
Share this articleVANCOUVER - American Lithium Corp. (TSX-V: LI, OTCQB: LIACF, Frankfurt: 5LA1) reported it has been named to the 2021 TSX Venture 50, an annual ranking of top-performing listed companies on the TSX Venture Exchange.The 2021 TSX Venture 50 is an annual ranking of the top-performing listed companies from five industry sectors: Clean Technology and Life Sciences, Diversified Indust...Read More
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday February 24, with tin on the LME and the SHFE April copper contract in positive territory, while the rest were weaker.US Federal Reserve Chairman Jerome Powell told Congress that rates would stay low and the central bank would maintain strong support for the economyAsian-Pacific equitie...Read More
No matter how you look at the deep freeze that took place in Texas more than a week ago, the single, unerring fact that everyone agrees upon is that it was a complete disaster.Even more troubling was the rampant misinformation that flooded the media headlines.We're not talking random Twitter accounts regurgitating some narrative either.Like everything else lately, it didn't take long for the polit...Read More
The Chinese domestic price of cobalt metal surged in the first half of this week amid tightened supply and robust demand from the battery supply chain.Fastmarkets' assessment of cobalt 99.8% Co min, ex-works China rose to 390,000-420,000 yuan ($60,450-65,100) per tonne (approximately $24.26-26.13 per lb less China value-added tax) on Wednesday February 24, up by 11.3% from 358,000-370,000 yuan per...Read More
Premiums for nickel plate and briquette in China were flat in the week to Tuesday February 23 amid a lack of spot activity, but the nickel sulfate price in the country rose to a fresh all-time high, with a robust domestic electric vehicle (EV) market providing support.Premiums in Europe were also unchanged this past week, as were those for briquette in the United States, but US cut cathode premium...Read More
Domestic prices for hot-dipped galvanized coil increased again in Europe over the week to Wednesday February 24, due to a material shortage, sources have told Fastmarkets.In addition, demand from both end-consumers and distributors has been high, market participants said.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Europe, was ?,?850-870 ($1,033...Read More
Domestic prices for steel heavy plate decreased in Italy over the week to Wednesday February 24 due to poor demand, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?630-640 ($766-778) per tonne on February 24, down by ?,?10 per tonne week on week from ?,?640-650 per tonne.The assessment was based on offers and deals he...Read More
Domestic prices for steel hot-rolled coil in Europe continued to recover over the week to Wednesday February 24, supported by material shortages combined with good demand, sources have told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?730.68 ($888.23) per tonne on Wednesday, up by ?,?4.68 per tonne from ?,?726.00 per tonne on Februa...Read More
Here are five Fastmarkets stories you might have missed on Wednesday February 24 that are worth another look.Brazilian steel prices have reached an equilibrium in comparison with international prices and are expected to remain at current premiums to imports, Gerdau chief executive officer Gustavo Werneck said...Read More
Brazilian steel prices have reached an equilibrium in comparison with international prices and are expected to remain at current premiums to imports, Gerdau chief executive officer Gustavo Werneck said on Wednesday February 24.The CEO estimates that the domestic rebar premium over imports reached 15% in February, and that the premium for domestic hot-rolled coil climbed to 11%. There is still cost...Read More
Prices for steel hollow sections in Europe were unchanged over the past week, but mills were said to be considering a round of increases, sources told Fastmarkets on Wednesday February 24.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?860-880 ($1,045-1,070) per tonne on Wednesday, unchanged week on week.The price of hot-rolled coil - the feed...Read More
Turkish deep-sea scrap import prices continued to rise after fresh transactions came to light on Wednesday February 24, sources told Fastmarkets.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $445 per tonne and 5,000 tonnes of bonus at $455 per tonne cfr late on Tuesday February 23.Another steel mill in the same...Read More
Fresh deals to South Korea and Taiwan have raised Japanese export scrap prices over recent days, market participants told Fastmarkets on Wednesday February 24.Bullish sentiment in the market was underpinned by major Japan steel scrap buyer Tokyo Steel raising its buy prices by ?500 per tonne across all factories on Wednesday. The price hike, the second this week of its kind, means the steelmaker...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
It's only a matter of time before Bitcoin "death spirals" down to its true intrinsic value, which is $0, said Steve Hanke, professor of applied economics at Johns Hopkins University.0:00?EUR< - Bitcoin's fundamental value10:22?EUR< - The "ideal" cryptocurrency14:02?EUR< - Federal Reserve's inflation outlook19:51?EUR< - Canadian CPI revisionRead More
The history of man is not one of a long, steady improvement in living standards. In fact, there have been at least two devastating collapses of major civilizations where critical knowledge was lost ushering in a dark age. What happened and what can these periods tell us about today? Discussed in this video: 12 Endangered Traits of Western Civilization https://youtu.be/B0a9NvuU3Ok?>>?Doug Casey is...Read More
In this video we have Harry Dent on to discuss his unique views. Harry believes that will not be able to sustain to artificial inflation of the economy, and we will have a massive stock market crash. Harry has a different views than many guests that believe we are heading for inflation. Harry discusses his views on Bitcoin, Gold, Silver, Precious Metals, the stock market, and the next market crash...Read More
Robert Moriarty shares the very colorful story of the people led by Quinton Hennigh and Mark Creasy of what may become the greatest gold discovery in history.Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and update...Read More
BitCoin is not hurting Gold because Gold has performed as expected. It has performed inline with its fundamentals and the direction of real yields (ex 4-6 weeks recently). Bitcoin is a combination of a currency and technology stock.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publ...Read More
Peter Schiff and Michael Venuto debate the value of #bitcoin?EUR<. Liz Claman asks Peter Schiff about his recent Twitter exchange with #Elon?EUR< #Musk?EUR<. Recorded 2/22/2021 on Fox Business.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capita...Read More