Investors who have swallowed the theory of the bulls that we will have a "V-shaped" economic recovery, and continuation of the bull market, may be disappointed. We are already seeing signs of a bear market rally top.Continue...Read More
Stephen Roach, senior fellow at Yale University, examines the impact of a large budget deficit on the U.S. dollar. Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of A...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" to discuss how the economic recovery compares to the market's trajectory.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-E...Read More
"Amy, 11, becomes fascinated with a twerking dance crew. Hoping to join them, she starts to explore her femininity, defying her family's traditions."Continue...Read More
"COVID is now the No. 3 cause of death in the U.S. - ahead of accidents, injuries, lung disease, diabetes, Alzheimer's, and many, many other causes."Continue...Read More
"Honey is a frequently used lay remedy that is well known to patients. It is also cheap, easy to access, and has limited harms. When clinicians wish to prescribe for URTI, we would recommend honey as an alternative to antibiotics.Continue...Read More
California has the least reliable electrical power system in the United States. It isn't even close.Continue...Read More
"I am so afraid of a democracy getting the idea that you can just print money to solve all problems and eventually I know that will fail."Continue...Read More
What we are seeing in the gold market is a consolidation after a period of exceptional price strength. This is healthy for the long-term bull market.Continue...Read More
"High powered drones will be used to find people not wearing masks and cars too far from home." Continue...Read More
Turkish steel producers continued to stay out of the deep-sea scrap market on Thursday August 20, due to continuing weak demand in the domestic and export finished long steel markets, sources told Fastmarkets.Having booked some US and Baltic Sea cargoes at $285 per tonne cfr for HMS 1&2 (80:20) on August 7, mills in Turkey paused their deep-sea activity due the l...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.There has been an increasing bullishness in Chinese steel market sentiment recently, with rising post-Covid-19 optimism about the country's economy for the second half of 2020, especially after the government announced an infrastructure spending boost. Although we believe that high prices are justified, they remain far from...Read More
Seaborne iron ore prices were largely stable on Thursday August 20 in a much calmer market than the previous three days of trading, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $129.32 per tonne, up $0.23 per tonne 62% Fe low-alumina fines, cfr Qingdao: $128.59 per tonne, up $0.20 per tonne.58% Fe fines high-grade premium, cfr Qingdao: $114.95 per tonne, up $0.4...Read More
Aben Resources states it will initially focus on testing a new target area with high-grade surface samples from outcrop. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) kicked off drilling at its Forrest Kerr gold project in British Columbia's Golden Triangle, it announced in a news release. The purpose, the company noted, is to test a new area, from which surface samples taken from outcrop returned...Read More
Troilus Gold Corp. reported it has been granted environmental regulatory approval to commence dewatering of Z87 and J4 Pits at its property located within the Frot?t-Evans Greenstone Belt. In a news release,Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced that it has received a "Certificate of Authorization from the Minist?re de l'Environnement et de la Lutte contre les changements climatiques...Read More
Revival Gold is working to deliver a project preliminary economic assessment by year-end. Revival Gold Inc. (RVG:TSX.V; RVLGF:OTCQB) expanded this year's drill and geophysics programs at its Beartrack-Arnett gold project in Idaho, it announced in a >news release. "Revival Gold has ramped up to complete the biggest exploration program to be undertaken at Beartrack-Arnett since the 1990s," Presiden...Read More
Money manager Adrian Day provides updates on four companies in his portfolio, with several buys, and includes gold recommendations for new investors to buy. Ares Capital Corp. (ARCC:NASDAQ, 14.57), the largest Business Development Company ($6.2 billion market cap) had a good quarter, although lending activity (and associated fees) was muted, something the company expects to continue. In the event...Read More
Bob Moriarty of 321gold profiles a company with some prominent backers that began trading just in the last 10 days. We are in the correction that a few people accurately predicted. My gut tells me it will go into September but since the DSI predicted the top, I think the DSI will call the bottom. We have not had an all time high in either gold or silver but we did have something investors can tra...Read More
Here are five Fastmarkets stories you might have missed on Thursday August 20 that are worth another look.The domestic hot-rolled coil price in Northern Europe moved up on August 20, following producers' bullish pricing policy, sources told Fastmarkets.China's domestic stainless steel prices rose for an eighth...Read More
Troilus Gold's resource update and the factors behind it are covered in a Laurentian Securities report. Troilus GoldIn a July 29 research note, Laurentian Bank Securities analyst Jacques Wortman reported that Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced a new resource estimate for its Troilus project and, afterward, held a technical session.Wortman described the update as "positive in term...Read More