Here are five Fastmarkets stories you might have missed on Thursday January 21 that are worth another look.Brazil-based miner Vale and Japanese trading company Mitsui have signed a heads-of agreement to take the first step toward exiting their investment in the Moatize coal mine and the Nacala Logistics Corridor (NLC)...Read More
A differentiated fee structure designed to drive member-to-member trade away from the telephone market is being proposed by the London Metal Exchange as part of its discussion paper. The goal is to incentivize trade on the exchange's electronic trading platform, LMESelect, and is proposed to be achieved by cutting fees to trade electronically while raising fees for the telephone market by around 5...Read More
The London Metal Exchange and its clearing house are revisiting a proposal to transition to a different way of calculating its clearing methodology. The exchange announced its discussion paper on the topic on Tuesday January 19. The last attempt was made in 2017 and was rejected by LME members because it would make the provision of credit lines expensive and result in the rapid withdrawal of...Read More
Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor. The closure of the floor, now entering its 144th year, has been proposed in a discussion paper issued by the exchange earlier on Tuesday January 19.The open outcry floor may be old, but it didn't appear to have serious underlying health issues. It has successfully fought back against talk it was set to...Read More
It's been nearly a decade since the Global Silver ETF and Exchange Inventories increased by such a large amount in one day. The overwhelming... by Steve St Angelo of SRSrocco ReportGlobal silver investment inventories jumped by a record one-day increase after the large sell-off and the silver price recovery on Tuesday. It's been nearly a decade since the Global Silver ETF and Exchange Invento...Read More
The international currency of choice, the US Dollar, is steady and unwavering, as if nothing will move it...by J. Johnson via JS MinesetGreat and Wonderful Friday Morning Folks, We start the day with a precious metal pullback with Gold down $14.70 with the April contract at $1,854.60, recovering from the London low at $1,848.10 with the high to beat at $1,874.10. Silver is leading the...Read More
Gold Fields Ltd. named former Anglo American Platinum Ltd. boss Chris Griffith as its new chief executive officer as the company seeks a solution for its last gold mine in South Africa.Read full newsRead More
Pure Gold expects to reach commercial production at its eponymous mine by the end of Q1 2021.Read full newsRead More
Last year was an unprecedented time for the stock market. It was hard to predict a global pandemic that would send the price of gold and technology stocks skyrocketing. Nevertheless, that is what we saw last year.Now that a new year has begun, you might be considering buying some great stocks on the Toronto Stock Exchange. Here are three stocks that you might be looking to buy this year.Barrick Go...Read More
Here are five Fastmarkets stories you might have missed on Friday January 22 that are worth another look.Import prices for flat-rolled steel in South America softened in the week ended January 22 with some Chinese mills accepting lower bids from clients.Base metals producer Vedanta Resources is seeking a sales...Read More
In Australia, ASX futures were up ahead of tomorrow's public holiday.Among the mining majors, Antofagasta and Glencore both finished down more than 2% in London on Friday.Newmont was off 0.9% in New York.In Toronto, Tesoro Minerals (TSXV: TES) tumbled on news of losing mineral rights in Peru after a Supreme Decree was repealed.Its shares plunged by a third to close at C9c.Headed in the opposite di...Read More
Canadian insiders are pointing to some specific opportunities in America. In this week's Insights, Raoul Pal also tells us what he thinks will signal that the great multi-decade bond rally is about to resume and why he is enjoying the recent Bitcoin pullback.Click here to read. Read More
Dr. PCR talks about the new administration and the fallout from it in the financial markets.Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor and columnist for the Wall Street Journal, Business Week, and Scri...Read More
Ross Beaty is the Chairman of Equinox Gold and Pan American Silver Corp. Ross sits down with Cambridge House CEO Jay Martin to discuss the state of the current gold market, and how to place capital into gold, silver, copper and uranium stocks. Ross J. Beaty is an entrepreneur and businessperson who has been at the helm of 12 different companies and is Chairman for Equinox Gold Corp., Chairman at P...Read More
Alasdair Macleod, head of research at GoldMoney.com, returns to Liberty and Finance to declare that we are entering inescapable hyperinflation, and that there's no escape for the US government but to ramp up destruction of the dollar and our wages, savings, and pensions, thus impoverishing almost everyone.- "Spend as much as you can," IMF Head Urges Governments Worldwide.- Biden's $5.3T Deficit +...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
"This market is going higher. And not just higher, but MUCH higher."Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Nav...Read More
James Rickards talks about his latest book, The New Great Depression.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financi...Read More
For Part 1 of this interview, CLICK HEREIn this episode of the Keiser Report, Max and Stacy look at the discussion of governments issuing perpetual bonds for the unpayable debts and eternal economic crisis. In the second half, Max continues his conversation with Gerald Celente of TrendsResearch.com about the year everything changed. They discuss civil unrest and trade wars with China.Max Keiser is...Read More
Welcome to the tribe. It's our honor to be with you on this journey. It looks like we might just chalk up a win in the battle against Covid on the world stage. Logic, data, and reason are going to triumph over negligence or worse. In the face of the rapid pace of change, we're also announcing a new LiveCast format that we'll be trying out in the coming weeks. And we'd love your input to make it th...Read More