Laziness leads to sloppiness, and sloppiness is how the most brazen heist in American history is being exposed...Continue...Read More
"It's going to broadly enable studies of immunity and the relationship between immunity and the level of antibodies that an individual has." "A second use of this test is in vaccination."Continue...Read More
President Trump has told confidants he will pardon former national security adviser Michael Flynn, two sources with direct knowledge of the discussions tell Axios.Continue...Read More
Iran's export prices for steel billet and slab continued to rise over the week to Wednesday November 25, and new deals were expected to be made soon, Fastmarkets has learnt.Fastmarkets' weekly price assessment for steel billet, export, fob ports Iran, was $440-445 per tonne on November 25, rising from $430-438 per tonne on November 18.Last week, billet was sold at $425-438 per tonne fob Iran.No de...Read More
"The issue of herd immunity is difficult.""We see no signs of immunity in the population that are slowing down the infection right now."Continue...Read More
The amount of money printed in 2020 as been truly mind-boggling. Continue...Read More
Over $1.5 billion of gold is smuggled out of Zimbabwe every year, depriving the Continue...Read More
Spot market inventory levels for most major steel products in China fell at an even more rapid pace in mid-November than the first 10 days of the months, while that at member mills of the China Iron & Steel Association (Cisa) declined further, according to data released by the body on Wednesday November 25.November 11-20 outputCrude steel: 2.11 million tonnes per day, down 1.53%Finished steel: 2.0...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday November 25. Key drivers Steady demand for prompt material from steel mills for the first quarter of next year pushed the ferro-titanium spot price to $5 per kg on the high end for the first time since May 20 in a 14-week bull run.There are bigger steelmaker tenders for first-quarter shipments both in Europe and Asia, which supplie...Read More
The Journal's editorial and opinion pages, have, to a large degree, failed to acknowledge the corrupt role that Wall Street banks played in the last crisis or their ongoing crime spree.Continue...Read More
Elemental Royalties' Q3/20 financials and current valuation are discussed in a Haywood report. In a Nov. 17 research note, Haywood analyst Kerry Smith reported that Elemental Royalties Corp.'s (ELE:TSX.V; ELEMF:OTCMKTS) Q3/20 financials were "a slight miss" from expectations due to a "lag in deliveries of gold equivalent ounces" but the company remains on track to meet full-year 2020 revenue guid...Read More
Grande Portage Resources released additional assay results from its Herbert Gold Project located north of Juneau, Alaska. In a news release, Vancouver-based mineral explorer Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) announced "additional assay results from its recently completed drill program at its Herbert Gold Project located in S.E Alaska."The company advised that the lat...Read More
Nomad Royalty Company Ltd. reported it has completed the purchase of Coral Gold Resources Ltd. In a news release, gold and silver royalty company Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) and Coral Gold Resources Ltd. (CLH:TSX.V; (CLHRF:OTCQX) announced that Nomad has completed its previously announced acquisition of Coral.The companies reported that under the terms of the transaction, No...Read More
Vox Royalty recognized inaugural royalty revenues from the Brauna diamond royalty in Q3. Vox Royalty Corp. (VOX:TSX.V) announced in a news release its achievements in Q3/20, including receipt of its first revenue from one of its royalties, the Brauna diamond project in Brazil."Q3/20 marked another quarter of tremendous growth and development for the company," CEO Kyle Floyd said in the release. "...Read More
The recent surge in container freight costs and availability of cargo space continue to disrupt trade flows in minerals and metals, with trading companies finding themselves unable to dodge the soaring shipping rates.A combination of fewer vessels on the water, an imbalance in trade flows to and from China, and competition between cargoes has kickstarted a rapid increase in shipping costs for...Read More
Spot market inventory levels for most major steel products in China fell at an even more rapid pace in mid-November than the first 10 days of the months, while that at member mills of the China Iron & Steel Association (Cisa) declined further, according to data released by the body on Wednesday November 25.November 11-20 outputCrude steel: 2.11 million tonnes per day, down 1.53%Finished steel: 2.0...Read More
Peter Krauth explains why he believes Biden could become silver's best friend. It may seem like an unlikely match.But there are some big reasons why Biden could become silver's best friend.The main force behind this thesis is that we can expect stimulus. A lot of stimulus.More specifically, Biden is likely to do his utmost to bring on more general support for the economy through increased borrowin...Read More
Sector expert Michael Ballanger examines the charts for commodities like soybeans and the components used in handheld electronic devices, and reflects on what they say about the future prospects of those who hold mortgages and invest in precious metals. As I peruse my favorite website in search of technical patterns for various commodities and stocks, I am reminded of the soon-to-be-immortal words...Read More
Vaccines are coming. But so is the debt crisis. What does it imply for gold?COVID-19 cases are still rising at an alarming rate in the United States. As the chart below shows, the rolling 7-day average of new daily infections stays above 160,000. It means that the immediate economic outlook is rather dark. The short-term economic slowdown is good information for the gold market.But there is also b...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 25 that are worth another look.Russian steelmaker Metalloinvest, which is the largest global supplier of hot-briquetted iron (HBI), may increase its shipments of the material by 10% by early 2023.Global copper scrap metal suppliers are now hesitant to...Read More