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
The Dow is down more than 500 pointsThe Dow Jones Industrial Average (DJI) is continuing its backslide today, after this morning's Treasury yield-curve inversion signal flashed -- typically seen as a precursor to a recession. This has investors frantically selling off bank stocks, including Goldman Sachs (GS), which is down 3.7%. The blue-chip index is now down more than 500 points, completely era...Read More
Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia increased over the past week because of a hot-rolled col shortage, sources said on Tuesday October 27.Local demand for flat steel in India and China, the main exporters of flat steel to the UAE and Saudi Arabia, was strong so market participants made a limited quantity offers at high prices.UAEOffer prices for hot-rolled c...Read More
http://treo.typepad.com/files/raymondjames-silverbackfromthebrink.pdfRead More
I found it amusing that Mohamed El-Erian wrote an opinion piece for Bloomberg which asserted that gold is not much of a "safe haven these days." His thesis was entirely devoid of material facts. His underlying rationale was that safe haven capital was flowing into cryptocurrencies rather than gold. I guess if one has a western-centric view of the markets, that argument is a modicum of validity....Read More
VANCOUVER - Teck Resources Ltd. lowered its guidance for steelmaking coal sales for the first quarter as it worked to finish repairs to its coal drying complex in B.C. that was damaged earlier this year.The company says steelmaking coal sales volumes for the quarter are now expected to be about six million tonnes compared with earlier guidance for 6.3 million to 6.5 million tonnes.The coal dryer a...Read More
Australia's Fortescue Metals Group (FMG) is expecting the first shipment of its 60.1% Fe iron ore product, West Pilbara fines, to be made in December in response to China's growing appetite for higher-grade ore.The product will have an alumina content of around 2.3-2.5%, around 4.3-4.5% of silica and some 0.08-0.09% of phosphorus. FMG expects to ship 5-10 million tonnes of West Pilbara fines over...Read More
"IAMGOLD Reports Remaining Assay Results from the 2019 Delineation Drilling Program at the Nelligan Gold Project, Quebec https://t.co/XADB5mu5TM"Read full newsRead More
The extraction of metals and minerals is a capital intensive endeavour. Mining companies require hundreds of millions of dollars, and in many cases, billions, to take a project from exploration to production.Using data provided by Miningintelligence, we have ranked the mining companies that have raised the most capital year-to-date.Leading the pack is Australia's Newcrest Mining, raising nearly $7...Read More
LONDON, 15 July 2016 - BullionVault's record trading-day on 24 June, the day the UK's Brexit referendum result was announced, is highlighted today by The Daily Telegraph online in a report on what's driven gold prices sharply higher.The online gold and silver marketplace "said its users traded a record 30m in gold on the Friday the Brexit result was revealed, but the market has since calmed," The...Read More
Posted: Aug 29, 2017JK: SmallCap Power: Rachel Lee interviews John Kaiser at Sprott Natural Resource SymposiumPublished: Aug 23, 2017SCP: Smallcap Power: Novo Resources may have made a huge discoveryOn July 27, 2017 Rachel Lee of the Investing News Network conducted an 8 minute interview at the Sprott Natural Resource Symposium in Vancouver where I first talk about the shift to discovery explorati...Read More
By Michael J. KosaresGold is trading lower this morning and most media reports attribute the weakness to next week's Federal Reserve Open Market Committee meeting. At that meeting, as we have heard endlessly, the Fed is scheduled to raise interest rates by a quarter of a point, and rising interest rates are bad for gold.But are they? Paul Farrugia of First Macro Capital put together a fairly det...Read More
Stocks are set to cool after yesterday's mixed post-NAFTA finishDow Jones Industrial Average (DJI) futures are trading modestly below fair value after yesterday's triple-digit rally, signaling a lower open for stocks this morning. With little on today's economic calendar, the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) look set for weaker price action, as well. In fact, many investors may alrea...Read More
"Gold lost some steam on Friday after investors cashed in profits, causing equities to make gains and pushing the yellow metal down slightly. Take a look at the top precious metals stories we covered this week at https://t.co/ji4VnfhX6r #preciousmetals #gold #investing #stocks"Read full newsRead More
The price paid for pig iron exported from the Commonwealth of Independent States (CIS) rose in the week to Thursday October 29 on a new sale to the United States and Asia amid low availability, sources said.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $355-360 per tonne on October 29, up from $350-353 per tonne a week earlier.A sale of...Read More
For many years now, thousands of bloggers, writers, and such have chronicled the debacle that is the US economy. It is a joke. That fact has been well-established. We can liken it to a cancer. Not every section is influenced in the same manner or degree of severity, but all areas are affected somehow. This publication has struggled to stay firmly on the economic side of the fence and not delve int...Read More
(Please see table at bottom, corrected to comply with an official correction from Lipper)By Trevor HunnicuttNEW YORK, Aug 31 (Reuters) - U.S. fund investors regained their risk appetite during the latest week, draining money market funds and pouring their cash into stocks after six straight weeks of withdrawals.Stock exchange-traded funds in the United States attracted $9.2 billion during the week...Read More
The comments above & below is an edited and abridged synopsis of an article by Egon von GreyerzGold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money that has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature's money, which means it cannot b...Read More
Drilling at the Cotabambas Project in Peru. Source: Panoro Minerals Ltd.Panoro Minerals Ltd. [PML-TSXV, Lima; PZM-FSE] said Wednesday October 4 that it has executed a joint venture agreement with Japan Oil, Gas Metals National Corp. (JOGMEC) on its Humamantana property in Peru. Under the agreement, JOGMEC will have the option to earn up to a 60% interest with an investment of US$8 million."Panoro...Read More
A summary of base metals premiums from across the globe for the week to Tuesday August 20. Please click...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Caroline Bain, chief commodities economist at London-based Capital Economics, told viewers of the China-focused session that China's bounce-back in recent months was already priced in to metalsRead More