There will be a wealth transfer from fiat-backed assets to precious metals...Jeff Clark interviewed on Palisade RadioTom welcomes a new guest to Palisade, Precious Metals Analyst Jeff Clark.Jeff cautions that investors should be skeptical of mining companies' claims because they will always place their best foot forward.Both Jeff and Mike believe there will be a wealth transfer from fiat-backed as...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Prices hold, pipe buying stalls Seamless prices remained broadly stable in much of the world this month - with the notable exception of falling Japan fob prices, because oil and gas producers have been less inclined to fight for premium products as they cut their capital expenditure - but this was not the result of a balance...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:Upward momentum in US domestic sheet steel prices came to a halt in the second half of June, wiping out earlier gains. Although the prices of hot-rolled coil (HRC), cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) increased on a monthly average basis, the d...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Prolonged flooding in China could limit the use of construction steel and drag down demand for steel rebar in the short term, which in turn could damp the demand for iron ore. So far, it has been reported that steel mills in the affected regions have continued to operate as normal. The floods have, however, caused a few days...Read More
[JOHANNESBURG] French oil giant Total on Friday said it had signed a US$14.9 billion financing agreement for a gas project in northern Mozambique. Read more at The Business Times.Read full newsRead More
There are several ways to get gold exposure, each with their own unique characteristics.Read full newsRead More
Barrick Gold Corp said on Thursday it expected a 15% decline in second-quarter gold production due to coronavirus-induced disruptions at an Argentinian mine and a dispute in Papua New Guinea.Read full newsRead More
San Cristobal operation. (Image courtesy of Minera San Cristobal). Japan's Sumitomo Corp. scored a legal victory in Bolivia after the country's top court ruled in favour of the company's wholly-owned subsidiary, Minera San Crist??bal, in a two-year-long labour dispute.This week, Bolivia's Plurinational Constitutional Court ruled that due process was violated when, back in August 2019, an arbitrat...Read More
Spence copper mine located in the Atacama Desert, in northern Chile. (Image courtesy of BHP). BHP (ASX, LON: BHP) is working towards massifying its C-19 Tracer app within Chile's mining industry.According to local media, the world's largest miner has proposed the idea to the Ministry of Science and to other miners operating in the South American country. C-19 Tracer is a mobile application that...Read More
Thomas Albrecht-Schmitt, lead author of the study. (Image courtesy of Florida State University). Researchers have demonstrated that curium can be manipulated to a degree where it may pave the way for new strategies to recycle nuclear fuel and improve the long-term storage of radioactive elements.Curium is element 96 in the periodic table, one of the heaviest known to date and also one of the last...Read More
Here are five Fastmarkets stories you might have missed on Friday July 17 that are worth another look.Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism.It has not been an easy year so far for Peru's zinc and lead mining companies after the coronaviru...Read More
The World Gold Council said investors had embraced gold in 2020 as a key portfolio hedging strategy, in its mid-year outlook."Though equity markets around the world rebounded sharply from their Q1 lows, the high level of uncertainty surrounding the COVID-19 pandemic and the ultra-low interest rate environment supported strong flight-to-quality flows," it said last week."There is a growing consensu...Read More
Here are five Fastmarkets stories you might have missed on Friday July 17 that are worth another look.Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism.It has not been an easy year so far for Peru's zinc and lead mining companies after the coronaviru...Read More
By: Gary SavageGold traders were conditioned to trade through the churning phase. Gold is currently in the phase where those kicked out of the market, still are not sure what to do, they are still out -- and when they jump back in, we should have our intermediate cycle top:http://blog.smartmoneytrackerpremium.com/Read More
Here are five Fastmarkets stories you might have missed on Friday July 17 that are worth another look.Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism.It has not been an easy year so far for Peru's zinc and lead mining companies after the coronaviru...Read More
With government imposing mandatory suspensions of non-essential business in some places around the world, the majority of the mining sector continues to operate uninterrupted with the exception of adhering to CV19 protocols. Meanwhile, the gold price continues to hold strong at or above $1,800/oz. and has been very buoyant after sell-offs. Additionally, silver seems to be confirming the breakout...Read More
By: Gary SavageGold traders were conditioned to trade through the churning phase. Gold is currently in the phase where those kicked out of the market, still are not sure what to do, they are still out -- and when they jump back in, we should have our intermediate cycle top:http://blog.smartmoneytrackerpremium.com/Read More
David HaggithGoldman Sachs, JPMorgan, and BlackRock Financial Management are stacking up wealth like never before, thanks to the Great Recession 2.0, a.k.a. the Second Great Depression. Yet, the Fed maintains its recovery plans do not create wealth disparity.Fed-hawk Ron Paul wrote this week,Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that t...Read More
Gold is the ultimate international currency.All over the world, gold has been money for thousands of years. Federal Reserve counterfeiting is showing the world (once again) as to why this is so.Watch Friday's Liberty Report below:Read More
Richard (Rick) Mills, Ahead of the herdThe US economy continues to flounder like an East Coast freighter bashed by a mid-winter Nor-easter. Fifty million claims is the latest unemployment milestone surpassed by the American workforce during the ongoing coronavirus pandemic that has drubbed the United States worse than any other country including China, where it started. In a stark contrast of...Read More