If you are interested in diversifying your investment portfolio, you've probably thought about precious metals. After all, precious metals like silver, gold, and platinum often beat the market when it comes to stock market crash. Stock market crashes are cyclical; they happen at least once a decade if not, twice a decade. Crashes happen when market valuation outpace underlying financial fundamenta...Read More
If you are going to decide which precious metal you are going to put in precious metals IRA, you might be tempted to look at platinum or even palladium. After all, on an ounce for ounce basis, these metals are more precious than gold. Gold can fetch more than $1,800 in the current market, but these other metals are more expensive. It's too easy to just focus on a dollar figure and lose focus on th...Read More
Keep the following factors in mind when looking into diversifying into white gold or looking at white gold as a hedge to your other investment holdings.It Contains More Metal Than GoldWhite gold is really a marketing label. Considering it a marketing concept or even "brand." If you really think about it, there is really no such thing as white gold. Gold is gold. What makes it white is th...Read More
If you're looking to make money investing, keep in mind that there are many ways that you can increase the value of your hard-earned money. You can invest in bank deposits. You can invest in bonds. You can invest in stocks. You can invest in foreign exchange. In fact, the only limit in how you can increase the value of your hard-earned dollars is your imagination. There are all sorts of investment...Read More
If you've ever bought an engagement ring or jewelry for a special someone, you would know all about karats. Karat is a measurement of the purity of gold. This is an internationally recognized term, but interestingly enough, the actual measurement of Karat differs from country to country. Keep this in mind, what may be 18 karat gold in the United States might not be 18 karat gold let's say in India...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ | OTCQB: VENZF) ("Venzee" or the "Company"), the leading product content platform used by consumer brands to syndicate critical, consumer-facing product information to any global retailer, received a valuable case study from a luxury canvas art brand that operates with global retail distribution.In order to maintain its competitive edge, the br...Read More
The smooth unloading of a stranded alumina cargo locked in China's Bayuquan port calmed sentiment in the Chinese alumina market on June 17, sources said.Offers for port material rose to 2,550 yuan ($398.37) per tonne on June 15, up 30 yuan per tonne from a week earlier, after news of the quarantined ship became widely known, sources said. "Offers rose after the news [of the trapped ship] but low s...Read More
Vancouver, BC - June 17, 2020 - Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, expects to release its fourth quarter 2020 and first quarter 2021 financial results on or around Wednesday, June 30, 2021.Following the release, management will host a conference call. Details to follow.About...Read More
A sharp rise in freight prices is eating into South African manganese producer profits by exacerbating the negative impact of the strengthening rand against the dollar.Freight rates have been high for several months amid increased demand for vessels and competition for freight space from other commodities.Manganese market participants told Fastmarkets that freight rates have risen rapidly over the...Read More
The upward momentum in cobalt spot prices continued on Thursday June 17 with prices rising for the second consecutive day, and traders becoming aggressive in the market after sensing a return of demand.Fastmarkets' price assessment for cobalt, standard grade, in whs Rotterdam, was $20.20-20.95 per lb on Thursday. This was up from $20.10-20.70 per lb the previous day.https://www.metalbulletin.com/M...Read More
Enabling large-scale expansion of solar power production capacity is a crucial part of the transition to a sustainable future for energy, but its prospects of growth rest on the current and future availability of key minerals and metals. Governments and organizations the world over are busy setting ambitious targets to cut carbon footprints and restrict global warming to less than 2 degrees Celsiu...Read More
Turkish steel mills extended their silence in the deep-sea scrap market on Thursday June 17, with market participants reporting no new bookings for the second day in a row and describing the market as "quiet."Two cargoes heard booked earlier in the week, but brought scrap prices down by $10 per tonne. This week, Turkish steel mills have mostly focused on selling rebar in the export market, with Fa...Read More
The steel mills in Bangladesh have picked up a raft of containerized scrap cargoes at higher prices over the past week, preferring boxes over bulk cargoes, market participants told Fastmarkets on Thursday June 17.Demand for bulk material was muted in the country following recent completed trades, rising bulk prices from the United States West Coast and continued congestion at the Bangladeshi port...Read More
Prices for steel scrap imported into China were unchanged on Thursday June 17, with only limited negotiations between buyers and sellers.Fastmarkets' daily price assessment for steel scrap, heavy recycled steel materials, cfr China, which takes into account prices at ports in eastern China, was $530-540 per tonne on Thursday, unchanged day on day. Offers from Japan were heard at $570-580 per tonne...Read More
Volkswagen Group is seeking partnerships with battery raw material producers in order to vertically integrate and achieve security of supply and competitive prices for its minerals needs, a spokesperson for the German automaker told Fastmarkets on Thursday June 17.This is in line with the company's strategy to move forward with the electrification of its fleet. Besides gaining security of supply,...Read More
The upward momentum in cobalt spot prices continued on Thursday June 17 with prices rising for the second consecutive day, and traders becoming aggressive in the market after sensing a return of demand.Fastmarkets' price assessment for cobalt, standard grade, in whs Rotterdam, was $20.20-20.95 per lb on Thursday. This was up from $20.10-20.70 per lb the previous day.https://www.metalbulletin.com/M...Read More
Most producers of cobalt sulfate in China kept their offers high in the past week but buyers put up resistance and were cautious about placing orders, sources told Fastmarkets.Producers were asking for 71,000-73,000 yuan ($14,738-15,153) per tonne during the week, the same as a week earlier, but buyers were not willing to pay these amounts. As such, only a few deals were said to have been conclude...Read More
Share this article VANCOUVER - Kuya Silver Corp. [KUYA-CSE; KUYAF-OTCQB, 6MR1-FSE] said Thursday, June 17 it has raised $9.2 million from a bought deal private placement. Proceeds of the financing will be used to fund development activities at the company's flagship Bethania silver mine in central Peru.The Bethania mine was in production until 2016, toll-milling its ore at various other concent...Read More
Share this article Anglo American's [AAL-LSE] De Beers Group unit, Debswana Diamond Company, and the government of Botswana announced the discovery of a 1,098-carat diamond believed to be the third largest gem-quality stone ever to be recovered, according to a Reuters article.Debswana Diamond Company's acting managing director Lynette Armstrong presented the spectacular gemstone to Botswana's Pre...Read More
When Elon Musk took a giant dump on Bitcoin, the cryptocurrency plummeted.And boy were Bitcoin gamblers pissed!Those who decided to trade Bitcoin in an effort to "get rich quick" watched the value of their holdings crash in a matter of hours.Of course, blaming Elon Musk for tanking Bitcoin is like playing the slots and blaming the guy next to you (who just cashed out a big score) for your bad luck...Read More