One player says there have been "lies from our leaders" that have put his "overall well-being in jeopardy" and accused the school of not responding to his concerns.Continue...Read More
The US has roughly 6,000 military personnel scattered throughout the continent with military attach?(C)s outnumbering diplomats in many embassies across Africa.Continue...Read More
"The combined effects of a challenging retail environment coupled with the impact of the Coronavirus pandemic have caused significant financial distress on our business." Continue...Read More
The "Buffett Indicator" is simply the total market cap of all U.S. stocks relative to the country's GDP.Continue...Read More
The company increased its holding in the iShares Gold Trust from $176 million to $268.4 million. Continue...Read More
For the first time in over 50 years, gold is returning to its rightful place at the center of the international monetary system.Continue...Read More
Underground mining at MAG Silver's joint venture project is expected to commence soon. In a news release, MAG Silver Corp. (MAG:TSX; MAG:NYSE A) presented its operational and financial highlights of Q2/20, which ended June 30, 2020, and afterward.On June 1, 2020, immediately after the Mexican government lifted its Covid-19 mandate on May 30, work was restarted at Juanicipio, a joint venture proje...Read More
Tonight lets take a look at the bad boy of the PM complex, silver. If you’ve been following silver for any length of time then you know it can be aggravating at times as we’ve seen fairly recently when gold and the PM stocks have been running pretty hot to the upside while silver just sat there doing its job of frustrating as many investors in the PM complex as it could. Finally, three...Read More
Here are five Fastmarkets stories you might have missed on Thursday August 13 that are worth another look.The Brazilian branch of car manufacturer General Motors (GM) was extending the furlough period for some employees at its plants, and opening a voluntary redundancy plan at its S??o Caetano do Sul unit, the company told Fastmarkets...Read More
When aggregatedemand contracts, debts default, credit tightens, the velocity of money plunges,deflation ensues and capital, i.e. circulating credit and debt, is destroyed.In the extreme state of hyper-deflation, central bankers try to offset fatallyaccelerating capital destruction by creating even more money to replace thatwhich is being destroyed.TheUnited States printed more money in June than i...Read More
Disclaimer: The following is my opinion and is not intended as investment advice. I don’t know anything about bulls, bears, cycles, resistance, daily, weekly, monthly charting, micro or macro fundamentals and especially indicators like the EROI.I have been waiting for Silver to take off since 2005 when I was sure the economy and the dollar were going to collapse. [1]The economy should have g...Read More
The Brazilian branch of car manufacturer General Motors (GM) was extending the furlough period for some employees at its plants, and opening a voluntary redundancy plan at its S??o Caetano do Sul unit, the company told Fastmarkets on Wednesday August 12.Brazil's automotive industry was gradually recovering from the restrictions imposed earlier in the year to curb the spread of the Covid-19 pandemi...Read More
Following the July 08, 2020 Market Minute titled: What is driving gold up?. We highlighted the main factors pushing gold prices upward. Are those factors still there? And if so, how much further is the precious metal going to rise (Chart 1)? One of the main reasons gold prices are advancing is due to the prolonged decline in U.S. Treasury bond yields (Chart 2). The yellow metal prices started the...Read More
The London Metal Exchange has unveiled a package of sustainability proposals including new aluminium and steel scrap contracts, a spot trading platform and LMEpassport - a new digital register for physical metals data. The spot trading platform is focusing initially on aluminium but is open to other metals. The first stage of LMEpassport is targeting electronic certificates of analysis (CoAs) for...Read More
Here are five Fastmarkets stories you might have missed on Monday August 10 that are worth another look.Production activity has come under threat at Belarus Steel Works (BMZ) with workers protesting against the result of the country's presidential election on Sunday August 9.Liberty House Group,...Read More
Steel market participants anticipate China's "dual circulation" policy will to boost steel demand for the remainder of 2020, with the more self-reliant economic model aiming to offset slowdowns caused by the Covid-19 pandemic and US-China political tensions. Chinese President Xi Jinping announced in late July that China will focus on a "dual circulation" development model, which ensures a more sel...Read More
Here are five Fastmarkets stories you might have missed on Thursday August 13 that are worth another look.The Brazilian branch of car manufacturer General Motors (GM) was extending the furlough period for some employees at its plants, and opening a voluntary redundancy plan at its S??o Caetano do Sul unit, the company told Fastmarkets...Read More
Plans for a London Metal Exchange spot trading platform have sparked intense debate within the aluminium industry. But opponents and supporters don't necessarily fall into the camps that one might expect. For starters, a decision by the LME not to change its futures contract, establish a new green aluminium contract or set thresholds to define what constitutes low-carbon metal is proving key in st...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:US domestic prices for hot-rolled coil moved down in line with our expectations, averaging $461 per ton in July versus our forecast price of $460 per ton. Although domestic HRC prices slipped to less than $450 per ton in late July/early August, we maintain the view th...Read More
The lithium hydroxide monohydrate min 56.5% LiOH.H2O battery grade, spot prices cif China, Japan & Korea trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed the lithium hydroxide monohydrate min...Read More