Paul Tudor Jones, chairman of JUST Capital and chief investment officer of Tudor Investment Corporation, told "Squawk Box" at the World Economic Forum in Davos that the stock market today is reminiscent of the latter stages of the bull market in 1999 that saw a giant surge that ultimately ended with the popping of the dotcom bubble."We're in the craziest monetary and fiscal mix in history; it's so...Read More
vHere's an interesting divergence. Just as stocks head straight up since early October into what looks like the final blow-off phase of this bubble, 97% of corporate CFOs see a recession starting by the end of 2020.Continue...Read More
The US Centers for Disease Control and Prevention will announce later today that the first case of the Wuhan coronavirus has been discovered in the United States, in Washington state.Continue...Read More
Domestic and import prices for steel rebar and billet in the United Arab Emirates increased over the past week, with most buyers' orderbooks filled until late February, market sources said on Tuesday January 21.Steel rebar and billet prices increased in line with the price hike initiated by local UAE rebar producers, who announced higher prices in December 2019 because of strong demand a...Read More
Brazil has charged American journalist Glenn Greenwald with cybercrimes after claiming he is part of a "criminal organization" that hacked into the cellphones of several prosecutors to expose corruption in the country.Continue...Read More
Share prices on the major US exchanges are hitting all-time highs at the same time that both the number and percentage of companies that do not make any money at all are rising.Continue...Read More
Tim discusses his favorite indicators for predicting trends in the gold markets and where he thinks gold will head in 2020. He explains how experience is your friend and why some of the more straightforward indicators still work quite well, even in today's markets. He is bullish on agricultural commodities and commodities in general. Lastly, silver should begin outperforming later in the year.Time...Read More
The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.Continue...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
China's domestic rebar prices were flat amid weak demand on Tuesday January 21, though production costs provided some support to the market. Eastern China (Shanghai): 3,640-3,670 yuan ($528-533) per tonne, unchangedNorthern China (Beijing): 3,540-3,560 yuan per tonne, unchangedThe net profit of integrated mills - which are major rebar producers - has been hovering around 50 yuan per tonne in the p...Read More
Your personal medical information no longer belongs to you, at least according to the laws of the United States of America. This information is being sold and shared with big techContinue...Read More
According to the latest poll from agricultural trade publication Farm Journal, 83% of farmers and ranchers believe Trump is doing a good job for their industry. It is the highest level of support forContinue...Read More
The next steps for this the precious metals company are provided in a ROTH Capital Partners report. In a Jan. 17 research note, analyst Jake Sekelsky reported that ROTH Capital Partners raised its price target on SilverCrest Metals Inc. (SIL:TSX.V) to $7.75 per share from $7.25. The current share price is $6.85. "Our increased valuation is primarily a reflection of rolling our model forward to 20...Read More
An update on the project and its production is provided in a Haywood report. In a Jan. 10 research note, Haywood analyst Kerry Smith reported that Lundin Gold Inc. (LUG:TSX) remains on track and on budget to achieve commercial production at its Fruta del Norte project in Ecuador in Q2/20. "Fruta del Norte is one of only a few new large mines being built," Smith highlighted.Lundin poured first gol...Read More
Low acquisition and exploration costs and high-grade sampling are some of the reasons why two industry observers have a Buy rating on this company. Nevada RandGoldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) is exploring the Nevada Rand property in Mineral County, Nevada, not far from the town of Hawthorne. Located in the Walker Lane Structural Corridor, the property, which looks like something...Read More
The work is scheduled to begin later this month. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced in a news release it engaged Geophysique TMC to conduct a magnetometer survey over the McKenzie East project north of Val d'Or in Quebec.Geophysique expects to begin the survey later this month, and will use Vision 4K drone technology with a Scintrex Cs-VI cesium vapor magnetome...Read More
Drill results for this company's prospect, flanked by notable mines, is the subject of this interview with Proven and Probable's Maurice Jackson.Maurice Jackson: Welcome to Proven and Probable. Joining us for a conversation is the president and CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), John-Mark Staude. Riverside has some intriguing news now, starting 2020, regarding high-grade gol...Read More
Given current market conditions, the location and potential of its flagship project, and the strength of its management team, Ron Struthers of Struthers' Resource Stock Report believes this firm represents a solid investment. I have been looking for a very good junior palladium stock, and I believe this is the best one out there for potential enormous gains. But before I get to that, it is import...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More