"I am told the Fed has not actually bought any Corporate Bonds via the shell company set up to circumvent the restrictions of the Federal Reserve Act of 1913. Must be the most effective jawboning success in Fed history if that is true."Continue...Read More

I want to see a correction in gold and silver and the mining stocks. I get twitchy when everyone is talking about how high gold is going to go and how Comex is about to default.Continue...Read More

Speaking from his home in Perth, Australia, Palmer said his company is reducing the number of people Continue...Read More

Negative oil prices isanother corona consequences that no one saw coming. A 30% drop in world oil demand due to the corona lockdown's resulting in demand falling to 70m barrels per day, whilst the producers are pumping out over 90mbd meant that storage faculties had become saturated, thus nowhere to transport new supply to. What actually triggered the collapse was the expiry of May NYMEX oil futur...Read More

Theaction in silver is really interesting. Let’s check the prospects for volatilewhite metal, and the relevant historical analogy it offers. Is the major 2008 –2020 analogy in terms of price moves remains intact? In short, yes. SilverShares Its Two CentsSilverplunged to our initial target level and reversed shortly after doing so. It wasfor many months that we’ve been featuring t...Read More

Brazil's Vale expects the price premium for high-grade iron ore fines to decrease in the second quarter compared with those in the first, with production in China resuming.Brazilian 65% Fe iron ore has been fetching around $20 per tonne more than reference prices for 62% Fe material. This difference is mainly due to supply issues, which reduced inventories in China, the mining major's executive di...Read More

I think the case is closed, or it should be closed. But with firmly ingrained perceptions passed down from one generation of inflationist gold bugs to the next, you never know. Remember the old dismissive “gold is silver is copper is tin is oil is hogs” line from the 2003-2008 time frame? Probably not, but I remember it because it was me saying it against an army of inflationist commod...Read More

A summary of Brazilian mining company Vale's financial results for the first quarter of 2020.In brief Pro forma adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) down by 26% year on year due to depreciation of Brazilian Real.Net income of $239 million, compared with a net loss of $1.6 billion in the first quarter of 2019. Investments totaled $1.12 billion, up by...Read More

A summary of Latin American steel group Ternium's financial results for the first quarter of 2020.In brief Earnings before interest, taxes, depreciation and amortization (Ebitda) down by a third year on year due to restrictions related to the Covid-19 pandemic. Net loss of $19.40 million, compared with a net profit of $224.90 million in the first quarter of 2019. Higher sales volumes in Mexico, Te...Read More

The sharp decline in emerging market currencies combined with a collapse in oil prices are providing a twin saving grace for many metals and mining companies during the Covid-19 pandemic. For producers of energy-intensive metals like aluminium, and in particular the low-cost ones, the benefit is even greater. It's an emerging trend that is starting to be reflected in the earnings of corporates in...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: 'Sell the rally' mentality here to stayAlthough the London Metal Exchange aluminium price has managed to recover modestly from recent lows, we suspect this is mostly short-covering. The lack of producer restraint, growing exchange inventories, a weak demand outlook and the 7 million tonnes of oversupply forecast f...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices have fared relatively well over the past couple of months in the face of the threat from the Covid-19 pandemic.In grade-304 material, the most common grade of stainless steel, prices were down by about 5-7% since the turn of the year - not bad, when compared with the falls in prices of other assets so f...Read More

The Dow Jones Industrial Average fell 0.22%, or 51.58 points, to 23,723.69, and the S&P 500 dropped 0.21%, or 6.03 points, to finish the trading week at 2,830.71. Spot gold finished US$26.60 per oz. lower at US$1,702.90 per oz., a 1.54% drop.Vale was the most heavily traded stock of the week, finishing up US31 ? at US$7.98. The company said it will resume dry processing operations at the Timbopeba...Read More

"Those planes that are coming in from Iran that are bringing things for the oil industry are returning with the payments for those things: gold,"Read full newsRead More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

"$SNDR - Schneider National, Inc. (SNDR) CEO Mark Rourke on Q1 2020 Results - Earnings Call Transcript. https://t.co/Pr2bdXvtWc #markets #stockmarket #investing"Read full newsRead More

"$WSG - Wanda Sports Group Company Limited (WSG) CEO Hengming Yang on Q4 2019 Results - Earnings Call Transcript. https://t.co/UgUqafb4Ja #finance #economy #investing"Read full newsRead More

"Nexus Gold (@NexusGoldCorp) (#TSXV: $NXS | #OTC: $NXXGF) Contracts Driller for McKenzie #Gold Project, Red Lake, Ontario [https://t.co/uYzFBDGe9W]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #miningstocks #miningrocks"Read full newsRead More

Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) President and CEO of Alamos Gold, John McCluskey, discusses the company's operating gold mines in North America and Mexico.If you cannot view the video above, please visit:https://www.b-tv.com/alamos-gold-mining-ceo-clipRead full newsRead More

Investors are having to navigate a fast-moving economic meltdown right now. The rallies are hiding a potential bear pit full of broken businesses and wrecked portfolios. However, some pundits have been going so far as to use the word recovery when speaking of the recent rallies. But the pain is not over yet. Indeed, with the recourse to economic stimuli quickly running out, a bigger storm cou...Read More