Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
"At least 50 of our RAISE faculty will be scientists, artists and scholars whose work addresses social equity and racial disparities in fields such as health care, education, justice and public safety, Continue...Read More
China's steel scrap import prices narrowed upward on Wednesday April 14, with rises in finished steel prices driving momentum in the market.The country's steel mills continued to raise their bids for imports of HRS101-grade scrap, with at least one bid heard at $490-495 per tonne cfr eastern China.The highest bid from northeast China reached $500 per tonne cfr China on Wednesday, which sources sai...Read More
Nancy Pelosi's husband made an excellent Microsoft stock market trade. Let's check out the details.Continue...Read More
"The U.S. "elite" are far more afraid of the American people than any China threat. In fact, they've been demonstrably in bed with China Continue...Read More
A technical director for CNN made the grave error of sitting down with a (probably hot) undercover female journalist from Project Veritas, to whom he admitted that the network "got Trump out"Continue...Read More
Suddenly, out of nowhere BankAmerica has emerged as a major participant in precious metalsContinue...Read More
Swig, a New York City landlord, secured a minimum of $6 billion in gold reserves to Continue...Read More
Iranian producers of steel billet were continuing to increase their offer prices in mid-April, supported by demand from Asian markets.A cargo of 20,000 tonnes was reported sold to a trader over the weekend of April 10-11 at $576 per tonne fob southern Iranian ports.A further 30,000 tonnes from a different producer were booked at $579 per tonne fob early this week.This price was higher than in book...Read More
Turkish steelmaker Tosyali Iron and Steel has ordered a second quantum electric-arc furnace (EAF) from Primetals Technologies, Primetals said.The quantum EAF will produce 2 million tonnes per year of liquid steel and can be operated with a mixture of scrap or varying composition of hot briquetted iron (HBI), Primetals said.Tosyali ordered its first quantum EAF in December 2020, together with a two...Read More
Cormark Securities stated in a research report that it is raised its target price on Royal Helium Ltd. to CA$1.05 per share after drill samples discovered economic concentrations of helium ranging from 0.33% to 0.94% across three wells at its Climax property in Saskatchewan. In a April 7 research note, Cormark Securities research analyst Brent Watson reported that the firm is raising its price ta...Read More
Turkish steel pipe export prices have increased over the past week in line with the rising cost of pipemaking raw materials, market participants told Fastmarkets on Wednesday April 14.Fastmarkets' monthly price assessment for steel structural pipe, export, S235JR grade, EN10219, 2mm wall thickness, fob main port Turkey, was $950-960 per tonne on Wednesday, up from $840-850 per tonne on March 10.Al...Read More
My research team and I continue to believe the Cannabis/Alternative sector is poised for a big trend in 2021 and 2022. Over the past few years, this sector has continued to trend lower after the hype of 2016~2018 – back when everyone was getting into the Cannabis industry as multiple US states authorized recreational and medical use. After the 2018 peak, followed by the early 201...Read More
The gold miners’ stockssuffered a rocky start to 2021, rolling over into an extended correction aftera young upleg prematurely failed. Theresulting deeper lows left sentiment overwhelmingly bearish, with thiscontrarian sector deeply out of favor. But over the last five weeks or so, gold stocks have powered higheragain in another young upleg. This onehas a far-stronger founda...Read More
It’s tempting to say that miners areshowing strength compared to gold based on the GDX’s performance, but othermining proxies say otherwise.Just because a house is standing doesn'tmean its foundations are solid, and that's exactly the case with the miners.There’s one extra thing that I would liketo point out about mining stocks’ technical picture today (Apr. 8), and that&rs...Read More
After Brexit, there has been a growing number of voices within the European Union and among various nationalistic groups arguing that English should be replaced as the official language since now only Ireland and Malta retain English.The loudest quarter calling for a change has come from the French who, not surprisingly, want their own tongue to become the lingua franca of the EU. Eric Zemmo...Read More
Dear reader,Almost exactly a year ago, oil prices went negative $40.Today, with crude trading at $60, you're hearing lots of opinions as to what's next."Electric car revolution" ... "reopening economy" ... "end of commute" ... "start of travel season" ... bullish ... bearish ... who's right? ... who's wrong?We get the challenge -- and our friends at Elliott Wave International are ready to offer yo...Read More
Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for...Read More
Longtime gold bashers are gloating over the precious metal’srecent price slump. Gold prices havedeclined more than 10% in the first quarter of 2021.But the perma-bears shouldn’t feel vindicated. After all, anyonewho heeded their advice missed out on gold’s record run in 2020 – and on manyyears of outperformance since 2001.While gold bugs are often accused of havin...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 14 that are worth another look.Steel producer Feralpi Group has improved the energy efficiency of its Brescia plant in Italy with help from energy company Enel X, reducing its carbon emissions to help meet its sustainability targets, the company said on Tuesday...Read More
Biden just announced an ambitious and expensive infrastructure plan. Will it rebuild gold?Yesterday (Mar. 31), President Joe Biden announced the big infrastructure plan , the second major legislative initiative after the $1.9 trillion coronavirus relief plan passed in early March. The proposal includes about $2.2 trillion in new spending over eight years, boosting government expenditures even furt...Read More