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Russia dumps treasuries for gold in pivot after sanctions scare

June 20, 2018 / www.mining.com

Russia is rethinking what counts as a haven asset as it duels with the U.S.Although investors usually seek safety in U.S. debt, Russia cut its holdings of Treasuries nearly in half in April as Washington slapped the harshest sanctions to date on a selection of Russian companies and individuals. In a shift Danske Bank A/S attributed to a deepening "geopolitical standoff," Russia is instead keeping...Read More

Europe And Rest of World Facing Another Debt Crisis | Video of the Week

June 20, 2018 / bmg-group.com

Video of the Weekby Greg Hunter with Gregory MannarinoTrader/analyst Gregory Mannarino says the debt crisis of 2008 is going to blow up again. The European debt crisis was never fixed; they just added more debt onto a debt issue. They maxed out their credit cards and borrowed more, and that is driving markets. They want people to believe it's political turmoil, but some of the largest economies in...Read More

Hillary Was NEVER Under FBI Investigation?!!

June 19, 2018 / marketsanity.com

According to ace investigator, Paul Sperry, the entire Horowitz Report, which appears to be a rather desperate cover-up for the worst of the seditious activity right at the top of the FBI - that report is coming apart at the seams.Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has a...Read More

SOUTHERN EUROPE REBAR: Domestic prices weaken further; mills aim to raise offers

June 20, 2018 / www.metalbulletin.com

Prices for rebar produced and delivered in southern Europe have narrowed downward by ?,?10 per tonne over the past week, sources told Metal Bulletin on Wednesday June 20.Metal Bulletin's weekly price assessment for domestic rebar in southern Europe was ?,?475-490 ($550-568) per tonne delivered on Wednesday, down from ?,?475-500 per tonne one week earlier. The assessment includes offers and de...Read More

Gold street is where South Africa's mining history goes to die

June 20, 2018 / www.mining.com

"The industry is in crisis," said Chris Griffith, CEO of Anglo American Platinum Ltd., the world's largest producer.The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-...Read More

Ray Dalio's thoughts on Trump's trade war with China

June 18, 2018 / marketsanity.com

A wise Chinese leader who I will keep unnamed told me that it pays to negotiate by finding out what the other party wants mostContinue...Read More

Gold vs Stocks | Chart of the Week

June 20, 2018 / bmg-group.com

BullionBuzz | Chart of the WeekSources: LBMA; Ycharts Data Stream; Optiontradingtips.com; BMG Group Inc.Read More

Brixton Metals spins out cobalt assets

June 20, 2018 / www.mining.com

Canadian-gold junior Brixton Metals intends to create a standalone cobalt company from its Langis and Hudson projects. Brixton intends to maintain exposure to the cobalt assets through a retained equity interest in the spin-out company. The CEO of Brixton, Gary Thompson, hopes to unlock some of the company's value. "Given the recent activity in the Cobalt market with higher prices and strong dema...Read More

How the Financial Reset Will Impact You | Lynette Zang

June 20, 2018 / marketsanity.com

How will the coming financial reset impact your cash, savings, retirement accounts, stock, bonds, real estate, mortgage, student loans, gold, silver, and other assets? Will the collapse DESTROY WEALTH or TRANSFER IT from the unprepared to the those who have positioned themselves in advance? What facts do we have to go on from past financial resets, and what signals can we glean from current offici...Read More

Looking for another Nasdaq? Try Europe's aerospace and defense stocks

June 20, 2018 / www.kitco.com

MILAN (Reuters) - Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region’s equity market.The sector’s stock prices have been hitting record highs, even as investors become more wary of European economic growth falling from its peak and as fears of a...Read More

Former mine workers and dependents can now register interest in historic silicosis/TB settlement

June 19, 2018 / www.mining.com

Johannesburg, 19 June 2018: A new website - www.SilicosisSettlement.co.za - and a Facebook page - www.facebook.com/silicosissettlement - have been launched to assist former mineworkers and their dependents who may be entitled to compensation if they worked at one of the six gold-mining companies that have made provisions for a trust to pay mineworkers who contracted silicosis and/or TB at work...Read More

Trump, Putin And The Resource Sector - Marin Katusa

June 20, 2018 / marketsanity.com

TOPICS IN THIS INTERVIEW:01:10 Building wealth from scratch05:10 Gold going forward in the resource sector10:45 Purchasing power shifting from West to East13:30 Trump and Putin - Is there any collusions?18:20 Uranium, a shunned opportunityMarin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and w...Read More

EUROPE WIRE ROD: EU prices stable; price optimism for July

June 20, 2018 / www.metalbulletin.com

Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe are unchanged over the past week, sources said on Wednesday June 20.The Southern European domestic price for mesh-quality wire rod held at ?,?520-535 ($602-620) per tonne delivered on June 20 from a week earlier."Mills are looking to push prices up but this hasn't happened yet - the expectation is...Read More

Dollar perched at 11-month highs as trade concerns weigh

June 20, 2018 / www.kitco.com

LONDON (Reuters) - The dollar hit an 11-month high against a basket of its rivals on Wednesday as an escalating trade conflict kept investors from buying higher-yielding currencies and markets braced for growing volatility.Currency markets had breathed a sigh of relief after Beijing signaled its tolerance of a stronger currency by fixing a stronger daily midpoint than expected. Safe-haven currenci...Read More

Royalty Company Acquires Silver Stream in Quebec

June 20, 2018 / www.theaureport.com

A BMO Capital Markets report outlined the pending arrangement between the two entities. In a June 18 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) acquired a silver stream from Falco Resources on its Horne 5 project in Quebec for CA$180 million (CA$180M). "The silver stream has an internal rate of return of 14% at spot...Read More

Gold Miner Notes Extension of Brucejack-Style Mineralization

June 20, 2018 / www.theaureport.com

Drilling was completed on two holes at a site in British Columbia's Golden Triangle. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) recently reported the results of underground exploration drilling east from the Valley of the Kings. Two holes over 1,500 meters in depth intersected Brucejack-style mineralization. Proximity to porphyry-style mineralization at depth was suggested...Read More

IRON ORE DAILY: Brazilian fines priced higher

June 20, 2018 / www.metalbulletin.com

Seaborne iron ore trading activity picked up on Wednesday June 20 with bids and trades for Brazilian fines at higher levels.Metal Bulletin 62% Fe Iron Ore Index: $65.49 per tonne cfr Qingdao, down $0.96 per tonneMetal Bulletin 58% Fe Premium Index: $53.61 per tonne cfr Qingdao, down $0.01 per tonneMetal Bulletin 65% Fe Iron Ore Index: $88.30 per tonne cfr Qingdao, up $1.50 per tonneMetal Bulletin...Read More

Amazon, Berkshire, JPMorgan name CEO for healthcare venture

June 20, 2018 / www.kitco.com

(Reuters) - Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande as the chief executive officer of their health venture.The new company would be based in Boston and operate independently, the companies said in a joint statement.Gawande practices general and endocrine surgery at Brigham and Women's Hospital, and is a professor at the Harvard T.H. Chan S...Read More

Bill King: The "Everything Bubble" Will Pop - Part 1

June 21, 2018 / marketsanity.com

This week Bill King of the The King Report: http://thekingreport.com returns to the McAlvany Weekly Commentary to discuss how the "everything bubble" will pop. 10 years of an everything bubble - Is that over now? Fed Chair Powell not an academic & is worried about inflation. Fed has backed away from easy money, next the ECB, leaving only easy money Japan.Read More

Spanish students given 24 hours to leave their dorms to make room for migrants

June 19, 2018 / marketsanity.com

Spain's prime minster agreed to take in passengers of the rescue ship Aquarius, who are mainly from sub-Saharan AfricaContinue...Read More

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