Even without the aid of WallStreetBets, silver is poised for the run of a lifetime.Continue...Read More
The press is finished. They have defeated the Constitution which they saw as the enemy. They now occupy Capitol Hill. They have become the enemy.Continue...Read More
The average person will wake up and smell the coffee Continue...Read More
Jim Welsh is a student of the financial markets and a seasoned veteran of investing with forty years of portfolio management experience, including: security research & analysis, model building, portfolio construction, asset allocation, and is a specialist in technical analysis and macro-economics. His website is macrotides.com. Read More
The superpower clash between China and the U.S. continued on Friday as a U.S. Navy ship sailed near the Chinese-controlled Paracel Islands in Continue...Read More
USA Today published an op-ed which denounced Tom Brady for refusing to walk back his previous support for Donald Trump and for being "white."Continue...Read More
Below we have done some of the legwork and looked at some of the more popular short as disclosed in investing these and hedge fund letters published since Q3 2020. The result, sorted by ascending market cap, are presented below.Continue...Read More
In a wide-ranging foreign policy speech at the State Department on Thursday afternoon, President Joe Biden announced that the United States is finally ending all offensive operations in Yemen. Continue...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
Magna Gold begins exploration activities at its newly acquired Margarita project. Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) announced in a news release it commenced an exploration program at its Margarita project in Chihuahua, Mexico, and plans campaigns for its La Pima and Los Muertos projects in Sonora, Mexico."Magna has a promising portfolio of silver projects in Mexico and an ambitious explor...Read More
The new acreage will expand Triumph Gold's already district-scale land package in the Canadian territory. In a news release, Triumph Gold Corp. (TIG:TSX.V; TIGCF:OTCMKTS) announced it entered into an agreement with Teck Resources for the acquisition of the Big Creek copper-gold property in the Yukon. Triumphit will issue Teck Resources 1.25 million common shares and grant it a 1.5% net smelter re...Read More
Emerita Resources reported it received approval for Infanta Deposit drilling from the Huelva Mining Department for its West Iberian Belt Cu-Pb-Zn-Ag project in Spain. La Infanta Drilling LocationsIn a news release, Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced that it has been granted approval for its planned drill program's restoration plan at the Infanta Deposit on the...Read More
Westhaven Gold reported it has resumed drilling operations at its Shovelnose property in British Columbia. Three New Zones Discovered in 2020 and South ZoneIn a news release, Westhaven Gold Corp. (WHN:TSX.V) reported that it has resumed drilling at its Shovelnose gold property, which is located 30 km south of Merritt, British Columbia. The firm noted that the Shovelnose property covers 17,623 hec...Read More
Pakistan long steel producer Agha Steel is to install solar polar at its production facility in a push to achieve green steelmaking, the company said on Thursday February 4. As part of its "Green Steel Revolution," the company has signed a contract with Renewable Power Pvt Ltd to install a 2.25 Megawatt solar power project at its production facility. Using solar power would reduce its carbon emiss...Read More
The populist movement to punish Wall Street is turning its focus to silver. The markets may finally force more honest price discovery. That would certainly be welcomed by metals investors long frustrated by concerns about price suppression.Silver prices are pushed around by a handful of the world’s largest banks. The captured regulators and the Department of Justice (For the Well Connected)...Read More
When Joe Public buys shares during awave of euphoria, they do it close to a market top or before the beginning of adecline. Looking at you, SLV!Silver rallied on Friday (Jan. 29), goldreversed its direction before the end of the day and so did miners, with thelatter slightly underperforming gold. I wrote this before, and I’ll stress thisonce again today – the above is a perfectly beari...Read More
Hot-rolled coil prices in the United States have remained at an all-time high while mills have benefited from a tight market, Fastmarkets has learned.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $59.23 per hundredweight ($1,184.60 per short ton) on Friday February 5, flat day on day, but up by 4.83% from $56.50 per cwt one week ago and roughly double $29.67 per cwt...Read More
It is still all about US dollar Meltdown.All the the assets that act as a safehaven from US dollar meltdown are takingtheir turn to hammer the US Dollar.Silver has been lagging assets like gold andBitcoin from a short and long-term perspective. Silver is still way below its1980 all-time high, as well as its 2011 high.When it is the time for silver to run, thenyou should know that trouble is about...Read More
Nearly 6+ months ago, our research team highlighted a unique price range that appears to be repeating itself in Silver. This price range consists of a $5.40 bullish or bearish price phase. Using our 100% measured move techniques, we’ve seen silver move higher and lower by this range over the past 10+ months and, quite interestingly, the current sideways price range in Silver is a...Read More
Steel slab export prices from Brazil remained unchanged in the week ended Friday February 5, with producers holding offers steady despite limited availability.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, remained at $760-780 per tonne fob on Friday, stable from the previous week.In recent weeks, buyers have tried to achieve lower prices because they were fearf...Read More