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
California has some of the most overbearing and aggressive climate change policies in America.Yet the state also allows massive amounts of clean energy to simply go to waste.In April 2020, California's solar farms curtailed over 318,000 megawatt-hours (MWh)!To put that into perspective, the average monthly electricity consumption for a U.S. residential utility customer is about 877 kilowatt-hours...Read More
Nighthawk Gold Corp. (TSX: NHK, OTCQX: MIMZF) is a Canadian-based gold exploration company, with 100% ownership of a district-scale land position, within the Indin Lake Greenstone Belt, located approximately 200 km north of Yellowknife, Northwest Territories, Canada, a Tier-1 mining jurisdiction. Nighthawk has advanced its flagship asset Colomac, outlining a robust project with current Indicated R...Read More
Domestic prices for steel hot-rolled coil in Northern Europe increased over the week to Friday February 26, supported by long lead times from domestic mills and good demand.At the end of last week, ArcelorMittal pushed its official offers for downstream products up by ?,?20 ($24) per tonne, but kept offers for HRC unchanged at ?,?750 ($905) per tonne ex-works.Some sources, however, had heard HRC o...Read More
Ottawa's big bets on big business are stifling innovation in the financial system. Fortunately, there are small and mid-sized Canadian companies pushing ahead to deliver competition and change.(photo: Lian Hao)Investors should have the opportunity to profit along the way. This week in Insights we highlight a breakthrough that is poised to shake up the status quo.Click here to read this week's publ...Read More
As competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in February 2021.The case list below includes only updates. For other continuing cases this year,...Read More
Prices for imported hot-rolled coil in the key Vietnamese market have risen despite thin demand from end users and low domestic offers from Hoa Phat Steel, market sources told Fastmarkets.The unclear situation over whether China will cut steel export rebates has also added further uncertainty to market sentiment. Fastmarkets' weekly price assessment for steel HRC, import, cfr Vietnam, which m...Read More
CIS producers of steel rebar and wire rod have increased their offer prices to foreign customers amid the persistent uptrend in scrap and long steel prices globally, Fastmarkets heard on Monday March 1.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $459.85 per tonne on Monday, up by $3.33 per tonne day on day and up by $26.44 per tonne week on week.Higher...Read More
Domestic steel rebar prices in Russia's Central Federal District around Moscow fell in the week to Monday March 1, due to seasonally slow demand and aggressive pricing by some producers, sources told Fastmarkets.Fastmarkets price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 50,000 roubles ($670) per tonne, including 20% value-added tax, on March 1, down by 4,000-...Read More
As competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in February 2021.The case list below includes only updates. For other continuing cases this year,...Read More
Here are five Fastmarkets stories you might have might have missed on Monday March 1 that are worth another look.Brazilian iron ore exports increased by 10.9% in February versus the corresponding month in 2020, with a significantly higher average price, according to data released by the country's economy ministry...Read More
Brazilian iron ore exports increased by 10.9% in February versus the corresponding month in 2020, with a significantly higher average price, according to data released by the country's economy ministry on Monday March 1.Brazil exported 24.05 million tonnes of iron ore in February, up from 21.69 million tonnes in the same month last year, according to the ministry.Vale, the world's largest producer...Read More
Turkish domestic scrap prices have gone up over the past week because of increasing imported scrap values, market sources said on Monday March 1.Prices for steel scrap imported into Turkey continued to rise after mills in the country booked a number of cargoes from Europe, the United States and the Baltic Sea region in the past week, supported by growing demand and rising prices for rebar and bill...Read More
Economist, Martin Armstrong answers your questions. Have a question to ask Martin? Email us at [email protected] Visit our website at armstrongeconomics.com and follow our blog for the latest news & updates.Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to co...Read More
Doug Casey Phyles: Opportunities to Meet Up in Real Life: https://meetu.ps/c/4LzC8/FWRHs/a?EUR>?Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including nat...Read More
Dems are already working on another stimulus package after the one with the $1400 checks. Stocks are rallying but is this how you deal with rising inflation and spiking interest rates? Big $2 trillion infrastructure plan on the way. Warren Buffett: bond investors world-wide 'face a bleak future'. Higher rates for the next decade. Return of the bond vigilantes have been comatose for so long and las...Read More
Gold has held a strong relationship with inflation expectations but more importantly, gold tracks real interest rates, so if nominal rates rise faster than inflation, then gold would see pressure, said Lobo Tiggre of The Independent Speculator.0:00?EUR< - Gold vs. inflation9:18?EUR< - Gold vs risk-on sentiment14:42?EUR< - Gold price action16:19?EUR< - Gold miners18:45?EUR< - Gold to Big Mac ratio2...Read More
In this video we talk with David Hunter. He explains his predictions for the stock market, gold, silver, and the future. He believes we have more legs in the Fed's response, but will be followed by a deflationary bust, before a very large inflationary rebound. By the end of this decade, David sees gold going to $10,000 and Silver going to $100.David Hunter is Chief Macro Strategist at Contrarian M...Read More
Jim Bianco, President and Founder of Bianco Research, on the bond market tantrum. Hosted by Paul Sweeney and Matt Miller (Lisa Abramowicz filling in for Matt Miller).Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street...Read More
When you figure out which way the wind is blowing and you get on the right side of it, you have a good long-term trend, says Robert Friedland, founder of Ivanhoe Mines and considered one of the greatest mining giants of his generation. "It's like being long the bond market, if interest rates rise, the bond market gets killed," he tells Daniela Cambone in a rare and exclusive interview. "The econom...Read More
?>>?In the last week Lyn Alden Tweeted how the Fed could be aggressive and do another Operation Twist to try to cap long term US Treasury yields rising. Tweet here: https://mobile.twitter.com/LynAldenCo...?EUR