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 price of Turkish domestic auto bundle scrap has fallen over the past week in line with the downturn in imported scrap values, sources said on Monday June 17.Four steel mills have reduced their buying prices for auto bundle scrap by TRY15-60 ($3-10) per tonne over the past seven days, following the lower priced deep-sea deals heard in the market.Long and flat steel...Read More
Like opposing characters in a literary plot, gold and copper highlight aspects of the other's attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically as foils and antagonists. The latter is a character who is in direct opposition, and whose actions hinder the protagonist. A foil is a character who accentuates the qualities of the protagon...Read More
In this video, Raoul Pal shares his views on Monetary fiscal policy changes and FTX saga. And how that opened huge opportunity ...Read More
The US Federal Reserve was in focus this past week as it met from September 19 to 20. The central bank was widely expected to ...Read More
The company has started a 30,000-tonne bulk sampling programme that will run until the end of the year.Read More
In this video, Owen Lau shares his views on how crypto will collapse and how it actually happens through coinbase. Owen Lau ...Read More
Avocados are the pits...I know, I know. There's something about becoming a father that leaves you helpless when it comes to bad puns. I always swore it wouldn't happen to me, but here we are.Avocados are especially perfect for terrible dad jokes, like: 'I'm between a guac and a hard place', 'I've hit guac bottom' or 'rock out with your guac out' (my wife reminded me not to use that one in front of...Read More
The 6ix Report is your go-to source for timely market news in the mining and resource sector. Our goal is to bring you expert ...Read More
Domestic prices for steel beams in Europe were stable this week, on continued good demand, although there was concern about the knock-on effects on water-borne freight of low water levels on the River Rhine, sources told Fastmarkets on Wednesday October 24.Fastmarkets' weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?620-650 ($711-745) per ton...Read More
Bob Moriarty ArchivesFeb 20, 2019Several of my so-called friends have been nagging me for years to write something about the basics of investing in resource stocks. I was quite comfortable with whining about how it was a work in progress and I was thinking about it and someday I intended to actually put pen to paper but they wouldn’t let up. So in the end, I caved and submitted to their brow...Read More
As expected the Fed raised rates last week .25%, but could we see another spike later this year? We take a look at what could come next as well as a number of other key economic indicators...Dave Okenquist and Rodney Johnson cover the biggest financial and economic news of the week.Read More
Daye Nonferrous has maintained its mission to construct a brand new copper smelting facility despite the uncertain outlook for commodity demand and price volatility, Fastmarkets understands.The Hubei-based company officially started the construction of a 400,000 tonne-per-year 'double flash' copper smelter on Tuesday May 12.A ceremony was held on the day, joined by representatives of its parent co...Read More
MOSCOW, May 7 (Reuters) - Rosneft Chief Executive Igor Sechin said on Monday he welcomed Qatar as a direct shareholder in Rosneft, as the Qatari sovereign investment fund prepared to become the sole owner of a major stake in the Russian energy company."The consortium presented by Qatar and Glencore was already a shareholder and now they have decided upon direct ownership (by Qatar)... We welcome t...Read More
Piketty's Three Big Mistakes … Piketty, remember, is the French economist who became a celebrity for his work on inequality. In his blockbuster book, "Capital in the Twenty-First Century," he asserts that the rate at which capital owners' wealth increases is almost always larger than the rate of economic growth. If that's true, it means that the rich get richer, and wea...Read More
Buyers are accepting higher prices for hot-rolled coil from European mills, but the number of offers and traded volumes remain limited, sources told Fastmarkets on Monday June 21.German and other Northern European producers were reportedly holding back from making new offers because their order books are good and they prefer to take their time before providing new prices to buyers. The region's st...Read More
Mark Carney goes in to bat for Britain … Governor Mark Carney takes the Tube on his first day … Mark Carney started his first day at the Bank of England with a Tube ride on the central line and a slew of advice on how he might try to fix the British economy. – UK TelegraphDominant Social Theme: Mark Carney, the most brilliant central banker of his generation, takes the subway to...Read More
RAPAPORT... Jewelers of America (JA) has elected three seniorindustry members to its board, the US trade organization said last week. The new directors are Chad Berg, co-owner and vicepresident of Lee Michaels Fine Jewelry (pictured, left); David Bouffard, vice president forcorporate affairs at Signet Jewelers (center); and Camile Hannoush of family businessHannoush Jewelers (right). They will ser...Read More
For 18 years, Chad Kuske was an active duty Navy SEAL.If you know anything about the SEALs, you know these guys are about as tough as they come.Every year, only about 1,000 recruits actually even make it to SEAL training. And of those recruits, maybe 250 successfully complete that training.The mental and physical endurance necessary to even become a SEAL is something most folks simply don't have a...Read More
China and Russia have been working on battle plans together for a long time, and their leaders have met frequently, 40 times in ...Read More