The idea of an aging society being inflationary because of low saving rates seems to ignore the much-bigger forces now at work in the fiat currency world.Continue...Read More
We are probably very close to the peak of this ersatz bull market and economy. Peak vaccination distribution, along with the peak optimism about the vanquished Continue...Read More
If Ashli Babbitt, who was unarmed and shot point-blank and killed, was black and this was on the street, there would be national riots everywhere. The policeman wouldContinue...Read More
Anything Trump does the media will call a joke. This lawsuit they all claim Trump will lose. But their bias blinds them to two important points one of which he makes which is Continue...Read More
Fauci says 3-year-olds should be forced to wear masks: "No doubt about that"Continue...Read More
Groups allied with the Biden administration are planning on working directly with cellphone network providers to 'fact check' private SMS messages if they contain "misinformation about vaccines."Continue...Read More
And the folks who experienced the high inflation of the 1970s and early 1980s as adults expect inflation to hit 5.7% in one year.Continue...Read More
Iron ore prices largely went up on Tuesday July 13 after China's June imports data was released and with relatively low shipments from Australia.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $218.48 per tonne, up by $0.63 per tonne62% Fe low-alumina fines, cfr Qingdao: $221.46 per tonne, up by $0.86 per tonne58% Fe fines high-grade premium, cfr Qingdao: $178.66 per tonne, down by $2.73 pe...Read More
"We did the work that the medical authorities failed to do, we conducted the most comprehensive review of the available data on ivermectin," Continue...Read More
Gold has served as a lifeline for Indians pummeled by the economic storm caused by the government response to the coronavirus pandemic.Continue...Read More
Wall Street Silver is beginning to attract mainstream attention as evidenced by this short blurb by CNBCContinue...Read More
High-grade iron ore is likely to be increasingly in demand with China's plan to reduce carbon emissions in its mammoth steel industry, speakers said on Tuesday July 13 in the Singapore Iron Ore Forum 2021.Xinchuang Li, Chief Engineer of China Metallurgical Industry Planning and Research Institute (MPI), shared his outlook of iron ore in the low-carbon emissions evolution of the Chinese steel indus...Read More
The Critical Investor discusses Kenorland Minerals' recent activities: completing its first drill program at Regnault; ongoing exploration at Tanacross, Chebistuan and Healy; and the sale of the Fox property. Drilling at Regnault target, Frotet project, QuebecAfter the nice batch of results released at the end of May, beautifully complementing the first sets of strong intercepts, Kenorland Miner...Read More
Corvus Gold's U.S. ADR shares rose by 21% after the company reported it received an unsolicited buyout offer from AngloGold Ashanti Ltd. for CA$4.00 per share in cash. North American gold exploration and development company Corvus Gold Inc. (KOR:TSX; KOR:NASDAQ) today announced that "it has received an unsolicited, non-binding proposal from AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:L...Read More
For this follow-up phase of drilling at its Alpha project in Nevada, Sitka Gold plans a minimum of 1,500 meters. Sitka Gold, Drilling at Alpha ProjectSitka Gold Corp. (SIG:CSE; SITKF:OTCQB; 1RF:FSE) announced in a news release it commenced drilling at its Alpha project in Nevada's Cortez Trend. The project is located approximately 40 km southeast of the Barrick/Newmont Cortez gold mine complex.Th...Read More
The latest batch of drill results from Troilus Gold's namesake project is presented and interpreted in a Red Cloud Securities report. In a July 8 research note, Red Cloud Securities analyst Timothy Lee reported Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQX) recent positive drill results of infill and stepout holes targeting the J zone at its Troilus project. The J zone is at the far north end of the...Read More
A Noble Capital Markets report notes that Aurania Resources' large land package holds the potential "to have entire mineralized systems hosting large deposits." In a July 7 research note, Noble Capital Markets analyst Mark Reichman reiterated the firm's Outperform rating on Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) and noted that "Aurania's exploration program is providing an abundance of d...Read More
Here are five Fastmarkets stories you might have missed on Tuesday July 13 that are worth another look.European steel association Eurofer has called for the Carbon Border Adjustment Mechanism (CBAM) and the EU Emissions Trading System (ETS) to be balancing mechanisms without any further reductions in free...Read More
Demand for steel rebar and billet was weak in the United Arab Emirates during the week ending Tuesday July 13 due to the coming Eid al-Adha holiday, but import prices for the products rose, sources told Fastmarkets.The main reason behind rising import prices was global price increases.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS was $645 per tonne on July 13, rising from$623 p...Read More
Gold’s days in a glamorous apartmentat the top of the PMs’ building are numbered. We’d better prepare for a rapidelevator ride to the first floor.TheGold Miners With the gold miners essentially runninglaps on the treadmill, the HUIIndex, the GDX ETF, and the GDXJ ETF are working extremely hard but makinglittle progress. And with the gambit resulting in ‘one step forward,&nb...Read More