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
(Kitco News) - Gold investors should eye an even lower target from current levels, as there is currently no need for a flight to safety, said Todd “Bubba” Horwitz of bubbatrading.com.“I think soon there will be good news, but I think we’ve broken down and violated a lot of key levels, and I think really, the next real level that I’m going to want to step in, unless we...Read More
Teck Resources has trimmed its 2021 production guidance figures for refined zinc and concentrate and said that its copper concentrate shipment timing had been affected by wildfires and logistics disruptions in its home region of British Columbia, Canada.The company now expects its Trail operations to produce 285,000-290,000 tonnes of refined zinc in 2021, down from 290,000-300,000 tonnes previousl...Read More
Domestic steel prices for hot-rolled sheet in Russia's Central Federal District around Moscow went down in the week to Monday July 26, while prices for cold-rolled sheet and steel plate were unchanged, sources told Fastmarkets.Prices were under pressure from low levels of purchasing activity because buyers were expecting further price reductions, the sources added.Customers thought that mills woul...Read More
Daily Reckoning, Released on 5/8/23I recently gained two important insights about the Fed and markets. Taken separately, either one would have been Continue... Rickards: Build Your Own Crystal Ball added by Herman James on 05/09/2023View all posts by Herman James ?+'Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
Cryptocurrency markets have received an incredible amount of bullish news over the past few months, yet the price has barely budged. We believe this is adding fuel to the eventual fire that will ignite under cryptocurrency prices. In this article, we cover the latest bullish news and present our case for much higher cryptocurrency prices in the months ahead.NYSE Operator, ICE, Launches Bakkt Crypt...Read More
By Steve St. AngeloBig trouble is brewing in the mighty North Dakota Bakken Oil Field. While oil production in the Bakken has reversed since it bottomed in 2016 and increased over the past few years, so has the amount of by-product wastewater. Now, it's not an issue if water production increases along with oil. However, it's a serious RED FLAG if by-product wastewater rises a great deal mo...Read More
Hey Guys, We are Giving you an Opportunity to share in the Future Revenue of this Channel! Please check out the details below ...Read More
Shares in Galantas Gold (TSX, LON:GAL) climbed on Monday in London after the company announced it has reached the main gold vein in development works underground at its Omagh gold mine in Northern Ireland.The main tunnel that Galantas has dug descends at a slope with a gradient of 1-in-7 from near the base of the former open pit, the company said.Galantas' Omagh is Northern Ireland's only produci...Read More
Yesterday came the big bounce…The Dow Jones roared back to life with a 548-point spree - its grandest performance since March.The S&P jumped 59 happy points. The Nasdaq had itself a day at the races, up 214 points - percentagewise, better even than the Dow.Gold was down. So was volatility... and the 10-year Treasury yield.So we wonder…What gusting updrafts barreled through the cany...Read More
Mexico-focused producer Torex Gold Resources (TSX: TXG) released its second quarter financial results and updated production guidance for the year: with 59,508 oz. gold generated in the quarter, the company now expects to produce 390,000-420,000 oz. gold this year.Torex's original guidance was for 420,000 oz. to 480,000 oz. gold; however, based on a Covid-19-related decree from the Mexican governm...Read More
Vaccine may be only way to bring Ebola under control in West Africa … As West Africa's Ebola outbreak continues to rage, some experts are coming to the conclusion that it may take large amounts of vaccines and maybe even drugs – all still experimental and in short supply – to bring the outbreak under control … "It may just keep going and going and it might require...Read More
Look at the pictures of Obama's head, neck, and ear. What happened? These are very eerie pictures. Perhaps he's a victim? – David Icke ForumDominant Social Theme: Who is this man, really? There are many strange things about him. But we will only occasionally mention any of them.Free Market Analysis: US President Barack Obama is such a heavily scrutinized person that speculation swirl...Read More
Amplats declared force majeure on Friday after an explosion at the plant on February 10, and the threat of another explosion at its replacement.Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $7.80 to $1,340.90 on Tuesday. The TSX Venture Exchange rose 1.34 points to 899.92 while the TSX Gold Index rose 3.48 points to 200.56. Leading the gold stocks was Endeavour Gold Mining Corp. (EDV), whichadded $...Read More
AMED nabbed another new record high earlier todayStocks are mixed on the final day of the week, but the Dow and S&P 500 are heading toward weekly wins. Looking at individual names, drug stock Acer Therapeutics Inc (NASDAQ:ACER), health care company Amedisys Inc (NASDAQ:AMED), and biotech name Evolus Inc (NASDAQ:EOLS) are all trading higher today. Here's a closer look at what's moving shares o...Read More
(IDEX Online) - Two cases of attempted frauds involving synthetic moissanite are highlighted in the GIA's latest quarterly journal Gems & Gemology.In one case a 7.42-ct rough stone, presented to its New York lab, had been carved into an octahedron, with stepped edges and coarse textures deliberately chosen to imitate the appearance of a natural diamond.In the other, what appeared to be a...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM), is expanding its footprint in Ecuador by signing an agreement with Cornerstone Capital Resources (TSX-V:CGP), a Canadian junior with several assets in the country, including a 15% stake in SolGold's Cascabel copper-gold project.Under the deal, a subsidiary of Newcrest will have the option to earn up to a 75% interest in two early-st...Read More
China's rebar market recovered some losses on Wednesday December 16 amid reports that suppliers in the country were resuming the export of billet amid high international prices for the semi-finished product, though no transactions have emerged yet.DomesticEastern China (Shanghai): 4,160-4,190 yuan ($636-641) per tonne, up by 30 yuan per tonneEnd-user demand was stable during the day like on Monday...Read More
Austria Metall AG (AMAG) has committed to carbon neutrality by 2040 and has called for politicians to create a framework for the stable supply of green energy at competitive prices in good time.The company laid out its strategy to achieve net-zero carbon emissions, which will focus on increased recycling, energy efficiency and the replacement of fossil fuels.Like its peers in the metals and mining...Read More