In one of the most exciting turn of events after the great 2008 crash of the stock market in the United States, there was a run-up in commodities. We're not just talking about coffee, sugar, pork or beef, we're talking about precious metals and industrial metals as well. One thing that was very interesting was that the Chinese government started hoarding copper. Copper prices started crashing and...Read More
One of the best ways to diversify your investment portfolio is to invest in precious metals. Precious metals tend to go up in value when stocks go down. There are lots of economic conditions that precious metals can protect you from.When there is a market crash, market collapse, economic crash, economic uncertainty, and all sorts of economic bad news, whether local or global, the price of precious...Read More
There are a lot of things that you can invest your money in. Of course, the main reason you're investing is to make sure that inflation doesn't destroy your money. Make no mistake about it; inflation will destroy your money if you just leave your money in the bank. Think about all those hours it took to earn that money, think about all the sacrifices to earn that money, wouldn't it be tragic for a...Read More
Investing in precious metals is something investors often inquire about, especially those interested in owning a gold bar.You must understand that gold bullion profits are often quite slim. Let's say you want to sell gold bars for some other currency, such as Gold American Eagles. Additionally, because of the constantly fluctuating prices of gold bars, certain gold dealers and bullion brokers may...Read More
If you want to witness a very interesting game of political football, just search online and look for conservative and liberal websites discussing the genesis of the financial crisis of 2008. The answers are quite entertaining, not so much for the gems of truth that they contain, but in the way they position their arguments. It is really quite revealing how these arguments are made. You can quickl...Read More
Usually, when people think of the phrase "precious metals" as investments, they often think of only three things. Ask a typical investor which metals constitute investment precious metals and you will get the big three. The big three, of course, are gold, silver, and platinum. The reality is that almost any industrial metal can be considered as a precious metal. It can be considered an i...Read More
You might think that you're doing a good job putting money away for retirement or a rainy day. If you have been setting aside money every time you collect a paycheck or generate income from your business or investments, I congratulate you. You're doing something that the vast majority of Americans are not doing. You are saving up for the future. Once again, congratulations. However, you have to un...Read More
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