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
Global Ports Holdings PLC (LON:GPH) shares jumped 10.2% higher to 435p in late afternoon trading as the world's latest cruise ports operator reported a loss in 2017, but said it expects single-digit growth in revenue and adjusted earnings in 2018.The company - which listed in London last May - swung to a pre-tax loss of US$10.5mln for 2017, from a profit of US$5.3mln in the prior year,...Read More
By: Ira EpsteinIra Epstein reviews the days trading in the metal markets. For more information and access to Ira's free offers for commodity traders, visit https://www.iraepstein.com. Link to Our Website: https://www.iraepstein.com Read More
Key data from the pricing sessions in China, Europe and the United States for the week ending Friday August 9. China UG2 chrome ore prices ticked down, breaking a four-week rally, after depreciation of the yuan against the dollar raised the cost of importing material. The charge chrome market was stable for the sixth consecutive week amid limited activity. ...Read More
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY ANDRead full newsRead More
Woodbridge, ON - Titanium Transportation Group Inc. (TSX-V:TTR) ("Titanium" or the "Company") is pleased to announce that the Company has been ranked on the 28th annual PROFIT 500 ranking of Canada's Fastest-Growing Companies by Canadian Business and PROFIT. This is the eighth consecutive year that Titanium has been included in the PROFIT 500.Titanium was ranked 98th on the 2016 PROFIT 500 list wi...Read More
Seaborne coking coal prices continue to experience support from sellers who refuse to lower their offers, even as buyers withdraw to the sidelines to determine the direction of the market. Offers of premium hard coking coal remain steady at $215-220 per tonne cfr China, market participants told Metal Bulletin on Wednesday August 30. A cargo of premium mid-vol product was also offered at $220 per t...Read More
As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind.Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative tightening are the main fundamental forces of this transition.The paint is barely dry on Trump's first tranche of tax cuts, and he's already talking about round two!Tr...Read More
WASHINGTON/MEXICO CITY (Reuters) - The text of the Trump administration’s trade agreement with Mexico is due to be released on Friday, launching a contentious approval process as pressure mounts on Canada to sign a revamping of the trilateral NAFTA pact.Mexico’s Economy Minister Ildefonso Guajardo was scheduled to present the long-awaited document to Mexico’s Senate at 7 p.m. EDT...Read More
Things have changed a lot in China in the last 10 years! It now takes 6.75 units of credit for China to produce 1 unit of GDP. The law of diminishing returns or law of marginal utility is now in play as far as China's credit bubble is concerned. Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial educatio...Read More
Brigadier Gold Limited is pleased to announce that the first diamRead full newsRead More
I am not trying to be simplistic here, but I cannot understand why the vast majority of investors are not seeing this continuing weakness in gold as nothing less than an exceptional (and infrequent) opportunity to invest in gold mining stocks at fire sale prices. I had written an article over twenty years ago for a New York based investment newsletter in which I pointed out that about 90% of all i...Read More
The risk of AKI is not increased for new SGLT2 inhibitor users, research suggests.Read full newsRead More
(Bloomberg) - Samsung C&T Corp., an affiliate of the world's biggest smartphone maker, is in talks for a multi-year deal to buy cobalt from a Congolese miner, joining Apple Inc. in the global rush to secure supplies of the metal at the heart of the electric-car boom.Samsung C&T has approached Somika SPRL to buy cobalt produced at its Kisanfu mine in the Democratic Republic of Congo after only buyi...Read More
Taiwanese import scrap prices have increased slightly over this week due to stronger demand, while prices in Vietnam lingered....Read More
The purge continues LME tin continues to trade poorly relative to its peers, suggesting that the purge of the overly long position held by speculative funds is not done yet. It is interesting to notice that only tin and zinc, for which money managers are relatively the most bullish among the complex posted a loss last week. Once the purge is over, however, we believe that tin prices are likely to...Read More
Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More
Analysts are weighing in on oil-and-gas stocks Whiting Petroleum Corp (NYSE:WLL) and Valero Energy Corporation (NYSE:VLO), as well as semiconductor concern and GoPro supplier Ambarella Inc (NASDAQ:AMBA). Here's a quick roundup of today's bearish brokerage notes on shares of WLL, VLO, and AMBA.WLL Stock Downgraded to 'Sell'Whiting Petroleum stock was downgraded to "sell" from "neutral" at Goldman S...Read More
Sept 1 (Reuters) - MOD Resources Ltd(MOD) MOD doubles exploration budget to $10mlnRead More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
(Kitco News) - Bearish hedge funds continue todominate the gold market with their short bets as the yellow metal has beenunable to hold critical support at $1,200 an ounce, according to the latestdata from the Commodity Futures Trading Commission.The gold market’s bearishspeculative positioning has held near historic highs for a month and someanalysts warn that it could still take some time...Read More