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
We enter 2021 with many mined commodity prices riding high after recovering from a dramatic pandemic-induced slump in H1 2020. But far from marking a new atmosphere of positivity, the new year brings new questions. How will Chinese policy affect supply and demand in 2021? Will the growing rhetoric around decarbonisation be followed up with concerted global action? And could fiscal stimulus tied to...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:35 AM EDT. S&P 500 futures gained 19 points following release of the October U.S. Employment Report at 8:30 AM EDT. October Non-farm Payrolls was expected to drop to 188,000 from 336,000 in September. Actual was a drop to 150,000. October Unemployment Rate was expected to remain unchanged from Septem...Read More
This past Tuesday, I offered the following forecast of what would happen at the FOMC meeting this week:On Wednesday, the Fed will leave its target rate for fed funds unchanged. That decision will keep the federal funds target at 5.50% as set at the July 26, 2023, meeting. Over the course of [13] FOMC meetings beginning March 16, 2022, I've been correct in all of my forecasts including the "skipped...Read More
Is a common refrain in certain economic circles:"We need to reform the Federal Reserve."We are told this should be done or that should be done.This will make it more efficient, that will make it more transparent.And perhaps even it would.Yet we take a dim view of most "reform." The reason is simple as Sam and clear as gin.Reform is an ax that rarely strikes the root. That is often by design.It is...Read More
The gold miners’ stocksare lagging gold’s strong young upleg, their gains falling behind. Their striking performance gap is undermininggold-stock sentiment, leaving traders even warier of this sector. While definitely vexing, this anomaly has onlyarisen over the past couple weeks. Goldstocks’ precedent during past major gold uplegs implies this will unwind soon,...Read More
As the Federal Reserve puts a hold on interest rates, investors have to ask themselves whether the elevated inflation rate is also on hold.The Fed’s preferred measure of so-called “core” inflation, which excludes food and energy costs, most recently came in at 3.7%. Despite having fallen substantially since last year’s peak, the official inflation rate has yet to approach t...Read More
(IDEX Online) - Lucapa has recovered the third largest diamond ever from Lulo, Angola, since the mine opened in January 2015.The 208 carat Type IIa gem is the second +100-ct diamond in under a month, and the 39th in the lifetime of the deposit.The largest recovery at the Lulo alluvial mine - which commands the highest price per carat for alluvial diamonds in the world - was a 404 carat Type...Read More
(IDEX Online) - Stargems has become the first tender house to sign up for traceability technology by Sarine that quickly registers large parcels of diamonds.The Dubai-based business is using the AutoScan Plus software, which inegrates with Sarine's Diamond Journey to track every move a diamond makes.Sarine describes it as a game-changing way of registering rough diamonds at source with minima...Read More
(IDEX Online) - There were signs of a slowdown in the 18-month long decline of polished diamonds prices during October.The Index fell by 1.60 per cent, compared to just over 3 per cent in September, which was the single biggest monthly drop of the current crisis.Price drops through October were gradual, and showed none of the volatility of the previous month.The supply of rough is c...Read More
Bill Powers visited Prospera Energy's Cuthbert oil field in Saskatchewan on 10.31.23. Bill invested in Prospera last year 2022.Read More
Gold Market Analysis and West Red Lake Gold Mines [TSXV: WRLG] Update: CEO Shane Williams shares insights on the thriving ...Read More
usa #joebiden #ukrainewar #ukraine #geopolitics #biden #vladimirputin #kremlin #moscow.Read More
We caught up with Drew Zimmerman, CEO of Stallion Uranium (TSXV: STUD) to discuss their land package in the Athabasca ...Read More
Exciting stop in Condobolin for the Mining Now Tour as we explore Maspro's world! Join us for Episode 2 and 3 with the insightful ...Read More
Visit Valmont Industries to Learn More: https://www.valmontutility.com/ In this engaging video, hosted by Rory Bamford, we delve ...Read More
Unveiling the Brisbane leg of our Mining Now Tour in Australia - An action-packed journey, featuring exclusive interviews with ...Read More
Tom welcomes back Michael Kao, former hedge fund manager and commodities trader to discuss the FOMC meeting and its ...Read More
Tom welcomes back Lawrence Lepard of Equity Management Associates to the show. Lawrence expresses skepticism towards ...Read More
PYX Resources Ltd (LSE:PYX, NSX:PYX) chief executive Oliver Hasler speaks to Proactive's Thomas Warner after the world's ...Read More
Good morning from London where the FTSE 100 is off to a steady start to the week so far, as investors continue to mull last week's ...Read More