Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Newmont Corporation (NYSE:NEM, TSX:NGT) today announced third quarter 2021 results. The company produced 1.45 million attributable ounces of gold and 315 thousand attributable gold equivalent ounc...Read More

Oct 28 (Reuters) - Following is the text of European Central Bank President Christine Lagarde’s statement after the bank’s policy meeting on Thursday:Link to statement on ECB website: hereGood afternoon, the Vice-President and I welcome you to our press conference.The euro area economy continues to recover strongly, although momentum has moderated to some extent. Consumers continue to...Read More

ArcelorMittal has moved forward scheduled maintenance of its galvanizing lines at its Florange site in northeastern France due to reduced demand from the automotive industry, a company representative told Fastmarkets.The company revealed the decision earlier this week, citing in part, the decreased demand from the automotive industry due to an ongoing global semiconductor shortage.The maintenance...Read More

The price assessment for imported billet into Egypt decreased in the week to Thursday October 27, but local rebar prices widened upward on higher offers, sources told Fastmarkets.Local rebar producers increased their prices, effectiveOctober 20.Current offer prices for rebar range from E ?14,900 to15,350 ($946-975) per tonne ex-works including 14% VAT.Demand failed to improve in the country, howev...Read More

FRANKFURT (Reuters) -The European Central Bank kept policy unchanged on Thursday as widely expected, holding fire before a crucial December decision on whether to end emergency stimulus and return policy to a more normal setting.The bank reaffirmed its plan to keep buying bonds to pin borrowing costs near record lows and also promised to hold down interest rates for years to come - a pledge increa...Read More

Steel wire rod producers in Southern Europe have tried to increase offer prices this week, despite buyer resistance, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh quality), domestic, delivered southern Europe, remained at ?,?760-800 ($882-928) per tonne on Wednesday, October 27. ItalyIn Italy, wire rod was heard traded at ?,?760-770 per tonne delivered...Read More

WASHINGTON (Reuters) - The U.S. economy grew at its slowest pace in more than a year in the third quarter as COVID-19 infections flared up, further straining global supply chains and causing shortages of goods like automobiles that almost stifled consumer spending.Gross domestic product increased at a 2.0% annualized rate last quarter, the Commerce Department said in its advance GDP estimate on Th...Read More

China's domestic rebar prices continued to fall on Thursday October 28, but demand picked up following gains in the futures market during the afternoon trading session.Domestic Eastern China (Shanghai): 5,100-5,150 yuan ($798-806) per tonne, down by 80-100 yuan per tonneThe most-traded January rebar futures contract on the Shanghai Futures Exchange dropped to 4,464 yuan per tonne on Thursday morni...Read More

The United States Securities and Exchange Commission (SEC) sent a notice to Brazil-based miner Vale regarding a possible investigation surrounding the Brumadinho tailings dam disaster in 2019.The SEC staff made a preliminary determination to recommend the beginning of proceedings against Vale, alleging that the company's disclosures about dam safety management and the Brumadinho dam could have...Read More

LONDON, Oct 28 (Reuters) - Royal Dutch Shell (RDSa.L)hit back on Thursday against an activist fund's call for the company to break up, with top executives saying its businesses operate better together than apart.Hedge fund Third Point, which has built a large stake in Shell, on Wednesday called for the oil major to split into multiple companies to improve its performance.The push was the lates...Read More

Prices for pig iron originating from the Black Sea basin continued to grow in late October, supported by limited availability of the material.Most producers continued to stay away from the market to better assess the situation. Some of their facilities were on maintenance.A supplier from Eastern Ukraine was said to have increased offers for its material to $550-560 per tonne fob, following last we...Read More

Prices for imports of basic pig iron into China have inched upward over the past fortnight, after transactions for Brazilian cargoes completed on October 15, sources told Fastmarkets on Thursday October 28.Following those deals, however, buying activity started to slow down because sellers were offering cargoes at higher prices due to tight supply, market participants said.Around 120,000 tonnes of...Read More

Oct 28 (Reuters) - French video game group Ubisoft (UBIP.PA) cut its full-year forecasts on Thursday as it pushed back three major new releases to the next fiscal year.Free-to-play game "Tom Clancy's The Division Heartland", slated for release in 2021-22, is now expected to premiere over 2022-23, Ubisoft said, along with "Prince of Persia: The Sands of Time" and "Rocksmith+", two titles that had...Read More

ET BFSI, Released on 10/28/21Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which...Read More

ITM Trading, Released on 10/28/21The Big Question Is: How do I properly prepare for the Global Reset? What steps do I need to take to Protect the Wealth that is rightfully mine? How can I Sustain my Standard of Living when everything else is collapsing all around us? And just as important, how can I Position myself for the Greatest Opportunities in both the Pre & Post-Reset Environment? These are...Read More

TradersChoice.net, Released on 10/28/21Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Co...Read More

Nomad Capitalist, Released on 10/28/21Wondering what's the value of USA citizenship in 2021 and which markets are disastrous nowadays? Find the answers in this video as Andrew interviews Jim Rogers, an "Adventure capitalist," American investor, financial commentator, and author of best-selling books. Watch as they discuss Jim's journey from Alabama to Singapore, the future of the USA, and why he r...Read More

Kitco News, Released on 10/28/21Commodity supercycle or not, copper has one of the "most bullish cases" around, said Lobo Tiggre of The Independent Speculator.No matter the general sentiment around commodities, the copper supply-side ensures price gains in the future."I like copper a lot. It is one of the most solid bull cases. And even if the commodity supercycle does roll over, I could see coppe...Read More

The Korelin Economics Report, Released on 10/27/21Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to look into 2022 and share the factors that have him bullish for gold and gold stocks. This ties in with future Fed policy, economic data, and even US markets. Jordan shares targets to watch in the near term and just how high the gold price could run next year.Jordan Roy-Byrne, CMT is...Read More

RT, Released on 10/28/21For Part 1 of this interview, CLICK HEREIn this episode of Keiser Report, Max and Stacy look at the surging wealth gap as trillions in stimulus boost the assets of the top 10% most. In the second half, Max continues his conversation with Charles Hugh Smith of OfTwoMinds.com about how bitcoin stopped the ability of the US to impose sanctions.Max Keiser is an American broadca...Read More