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
What happens when you combine a completely out of control congress with an overly compliant central bank and a slow growing economy that has been ravaged by an extreme response to a pandemic? You wind up exactly where we are now. As Michael explains, today's economic foundation is built upon sand or perhaps even a sink-hole. Eventually it's got to crumble and that's why you need to protect yoursel...Read More
Our Supreme Court is now no more an agent of a free people than similar courts are in places like Venezuela and Nicaragua. Continue...Read More
Officials in many countries combine incentives with threats warning that those who don't get the shot will be shut out of everyday activities.Continue...Read More
Higher Japanese offers are heating up prices in the China import scrap market, sources told Fastmarkets on Wednesday February 24.Chinese buyers have focused more on procuring steel billet imports since the market returned from its Lunar New Year holidays earlier this month, with few recent scrap sales heard.Fastmarkets' price assessment of steel scrap, heavy recycled steel materials was at $470-47...Read More
President Biden's Treasury Secretary-and Obama Fed Chair-Janet Yellen recently floated the Continue...Read More
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 publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
The food price index run by the UN Food and Agriculture Organization (FAO) has jumped to 113.3 points - just short of the 117.5 hit in 2008, but still some way below 2011's peak (Arab Spring) of 131.9. Cost of food heading towards crisis levels again https://finance.yahoo.com/news/cost-f...?EUR
The Federal Reserve's critical system for interbank payments which serves as the backbone of virtually all money transfers in the US, went down Wednesday Continue...Read More
"It's most egregious in the momentum trading by novice investors lured in by new types of brokerage operation like Robinhood and I think all of this activity is regrettable." Continue...Read More
In a face-off sparked by a random Twitter exchange, Robinhood CEO and co-founder Vlad Tenev sat for an interview with Barstool Sports' Dave Portnoy Continue...Read More
Just when it seemed like the COVID pandemic may be subsiding, a new COVID strain has emerged in California thatContinue...Read More
"Gold is still in the danger zone since Powell did not deliver a response Continue...Read More
CPM's Jeff Christian spoke about the move to the March Comex silver futures contract first delivery day on Friday, the relationship between futures contracts and inventories, and why observers suggesting the March futures being rolled into the May contract is a crisis that could lead to a collapse or default of the silver market are incorrect.Read More
Billet producers from Iran achieved higher sales prices in the recent round of tenders on support from the uptrend in the global steel billet market, sources told Fastmarkets on February 24.The main drivers for the growth in global billet prices are the market expectations of a return in interest for imported semi-finished products at higher prices in China after the Chinese New Year celebrations...Read More
China's domestic rebar prices halted their recent decline on Wednesday February 24, supported by strong futures and a rise in demand.DomesticEastern China (Shanghai): 4,600-4,620 yuan ($712-715) per tonne, unchangedThe May rebar contract increased on market participants' bullish outlook for demand when the contract is delivered.Spot market demand also increased with more end users back to work.But...Read More
Highlights of the last holes drilled in 2020 at Dolly Varden Silver's namesake property are covered in a Mackie Research Capital Corp. report. In a Feb. 16 research note, Mackie Research Capital Corp. analyst Stuart McDougall reported the final assay results of Dolly Varden Silver Corp.'s (DV:TSX.V; DOLLF:OTCMKTS) 2020 drill program at its Dolly Varden project in the Golden Triangle region of Bri...Read More
Spot activity in the molybdic oxide market slowed this week, leaving the recent rally to stall, though ferro-molybdenum prices continued to rise as sellers sought to protect already squeezed margins.Fastmarkets' price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam rose by 1.2% during the first half of the week, to $28.80-29.50 per kg from $28.50-29.10 per kg previously. Fastmarkets'...Read More
Nickel futures prices in London rose on Wednesday February 24 after the world's top producer, Norilsk Nickel, announced it had suspended production at two of its mines: Oktyabrsky and Taimyrsky. The London Metal Exchange three-month nickel price was recently trading at $19,660 per tonne, 1.5% higher than at the 5pm close on Tuesday February 23.The price has rallied significantly in February, curre...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
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila Ouerghi in London,...Read More