We’ve been dealing with a little bit of “drama” here at the Scheidt house lately.My 5-year-old, Caleb, has started testing his limits by throwing the occasional temper tantrum. The other day I heard him yelling at his mom because he didn’t want to brush his teeth.THAT was a big mistake.After sitting down and explaining to Caleb that this was not acceptable behavior, Caleb t...Read More
A community group from New Zealand's Waihi town, in the North Island's Hauraki district, is expressing concerns over plans announced by OceanaGold Corporation (TSX/ASX: OGC) to mine for gold under the nearby open Martha pit.This week, the Melbourne-based company presented its project to the District Council. The Martha Project exploration target is the first stage of an anticipated 10-year mine li...Read More
About 400 illegal gold miners invaded a farm that belongs to former Zimbabwean first lady, Grace Mugabe.Local newspaper Newsday reports that Mugabe was touring the farm, located in the northern village of Mazowe which is some 40 kilometres north of Harare, when she ran into the miners. They were allegedly uprooting lemon trees, digging shafts and loading gold ore into lorries."When Grace arrived a...Read More
Vancouver-based East Africa Metals (TSX-V:EAM) revealed that its previously announced Ethiopian Project Financing Memorandum of Understanding with Luck Winner Investment Limited failed to materialize.In a press release, East Africa said that "despite the best efforts of both parties, negotiations failed to define a viable transaction that would be in the best interests of East Africa shareholders...Read More
U.S.-based online activist network Avaaz launched a campaign to gather signatures to oppose the construction of the Volta Grande project, expected to become Brazil's largest gold mine.Canada's Belo Sun Mining Company (TSX:BSX) is behind the project, which is located in the Amazonic state of Par??. Even though it has been denied a construction licence a couple of times, management has kept on worki...Read More
Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More
The silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it's important to keep an eye on silver miners' fundamen...Read More
There is great potential for market-beating capital gains on investments in gold miner B2Gold Corp.'s (TSX:BTO)(NYSE:BTG) equity and in oil and gas growth stock Parex Resources Inc. (TSX:PXT) at current trading levels. These two firms are poised to realize significant top-line growth, increase their profitability levels, and generate growing free cash flows going forward.Here is a closer look at e...Read More
The silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it's important to keep an eye on silver miners' fundamen...Read More
Click Here to Listen to the InterviewAmong the items discussed over the course of the interview:the long-term significance of yuan-denominated crude oil futuresFed policy and long-term interest ratesthe US trade deficit and its impactthe possibility/likelihood of a Russian "silver ruble"what impact de-dollarization may have upon US expats living abroadthe definition of the term "global reset"and m...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
China's hot-rolled coil prices rose steadily on Friday March 30 after futures soared during the day.DomesticEastern China (Shanghai): 3,820-3,840 yuan ($607-610) per tonne, up 40 yuan per tonneNorthern China (Tianjin): 3,790-3,810 yuan per tonne, up 50 yuan per tonneSpot prices jumped in both eastern and northern regions after the paper market strengthened throughout the day, according to market p...Read More
If you use Google services, there's a simple way to download everything the company is storing on their servers about you.Continue...Read More
Ferrous futures in China continued their recent run of strength during the morning trading session on Friday March 30, with only iron ore weakening slightly.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,324 yuan ($528) per tonne, up 34 yuan per tonne May hot-rolled coil: 3,644 yuan per tonne, up 5 yuan per tonneDalian Commodity Exchange May iron ore: 436 yuan...Read More
This marks our our 10th year of doing this. And by "this", we mean using data, logic and reason to support the very basic conclusion that infinite growth on a finite planet is impossible. Continue...Read More
Egypt's biggest steel producer, Ezz Steel, enjoyed normal industrial operations in 2017 after several years of disturbed activity, the company said on Thursday March 29. Firstly, Ezz Steel did not suffer any interruptions to the electricity or natural gas supplies. Secondly, the foreign currency needed for the purchase of imported raw materials was made available without limitation, company chairm...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebar East China, domestic, grade...Read More
China's domestic rebar prices increased on Friday March 30, tracking increases in the futures market.Domestic Eastern China (Shanghai): 3,550-3,600 yuan ($564-572) per tonne, up 60-90 yuan per tonneNorthern China (Beijing): 3,710-3,740 yuan per tonne, up 30-40 yuan per tonneTraders raised their prices in line with the strong gains in the futures market, while buyers with urgent needs maintained a...Read More
Israeli border police dropped tear gas from drones onto Palestinian protesters in Gaza on FridayContinue...Read More
The seaborne iron ore concentrate market saw limited activity in the week ended Thursday March 29, with some sellers offering lower premiums to entice business.The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $86.64 per tonne cfr China on Thursday, down by $1.55 per tonne or 1.8% from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $80.68 per tonne cfr Chi...Read More