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
Chilean state-owned copper miner Codelco is exploring for lithium at the Maricunga salt flat, the second-largest in the country in terms of reserves, and is continuing to seek options for the area's future development, including joint ventures, the company's chairman has said.The miner received permission to explore from the Environmental Assessment Commission of Atacama, where the salt flat is lo...Read More
NewPeak Metals Limited (ASX: NPM) is an exploration company, with high-growth potential, focusing on exceptional, results-driven Gold projects, in New Zealand, Finland and Argentina. In 2020 the NewPeak Management Team announced an expansion strategy to acquire additional precious metal properties, in alternative geographic jurisdictions. The Company has successfully implemented this strategy thro...Read More
Profit-taking and the absence of Chinese buyers from the cobalt metal market has resulted in the first dip in the price of cobalt in 2021 but the fundamentals of the market remained the same, sources told Fastmarkets on Thursday March 11.Buyers which had speculated on cobalt during the latest rally, which has run since the start of the year, were now looking to sell off the metal they were holding...Read More
The South American import market for flat-rolled steel remained on an upward trend in the week to Friday March 12 with more expensive offers from China and Japan, but acceptance of these became less common with ship availability still low and freight rates remaining high, holding prices back.Two main factors were putting pressure on the market: the bulk freight situation and a potential cut in the...Read More
Domestic flat steel prices in Turkey continued to soar in the week to Friday March 12, but buyers were hesitant about booking big tonnages for July production, sources told Fastmarkets.Hot-rolled and cold-rolled coil producers were accepting orders to be produced in July, but buyers were reluctant to have to wait a minimum of four months for large quantities. Most market participants said tha...Read More
The European Commission's anti-dumping investigation into Chinese graphite electrodes sales into Europe has sparked a rush for material with market participants making plans in case duties are imposed, according to graphite electrode consultants GES.Since the EC declared on February 17 it was investigating whether Chinese graphite electrodes producers had broken anti-dumping rules, steel mills hav...Read More
The domestic price for reinforcing bar (rebar) in Brazil rose slightly during March, with the vast majority of mills delaying previously expected increases to April, market participants told Fastmarkets.While some local steelmakers had raised prices by 5-8% in February, a few who did not decided for a 6% increase in March. For April, at least two mills were indicating an average 15% rise, but this...Read More
The European Commission's anti-dumping investigation into Chinese graphite electrodes sales into Europe has sparked a rush for material with market participants making plans in case duties are imposed, according to graphite electrode consultants GES.Since the EC declared on February 17 it was investigating whether Chinese graphite electrodes producers had broken anti-dumping rules, steel mills hav...Read More
Domestic long steel producers in Poland were eyeing price increases on high rolling costs, while buyers were resisting hikes, sources told Fastmarkets on Friday March 12.RebarFastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland was 2,900-2,950 zloty ($757-770) per tonne on Friday, narrowing from 2,870-2,950 zloty per tonne seven days earlier.Trading activity...Read More
The pig iron export market from Brazil was stable during the week to Friday March 12, with no new deals heard because suppliers were fully booked, Fastmarkets heard.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $520 per tonne on Friday, unchanged week on week.The latest sale from the south of Brazil to the United States was...Read More
Bob Thompson of Raymond James in Vancouver joins us to discuss the recent price action in the precious metals as we look ahead to next week's meeting of the FOMC.Bob's bio: http://www.bobthompson.ca/bob-thompson.aspxRead More
The Fed's keep adding more and more to get less and less. What will they do next? We are getting close to Zero Hour. Stay informed by subscribing to my free e-letter at www.HarryDent.comHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographi...Read More
Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.While the markets in the United States, China and India appeared to be static over the period, a flurry of buying activity in Vietnam was intended to capitalize on lower Japanese scrap prices, while Taiwanese traders made hasty sales in a bid to avoi...Read More
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Lobo Tiggre of http://IndependentSpeculator.com?EUR< says the markets are currently making a mistake about gold. He is bullish on gold and sees the market correcting to the upside in gold and silver later this year. 0:00?EUR< Intro0:51?EUR< Gold will reverse higher this year4:06?EUR< Inflation this year6:06?EUR< More bullish on silver9:25?EUR< The Fed will lose control12:02?EUR< Stock market is ov...Read More
This is an important issue that needs to be addressed much more vigorously than has been the case up until now.Continue...Read More
Hours after the House passed a bill allowing for unlimited delays for FBI background checks, and Senate Majority Leader Chuck Schumer revived a Continue...Read More
As far as vaccines go, mRNA genetic therapy is a brave new world - one that is not well understood.Continue...Read More
We still see that this cycle into 2024 will be one of inflationary. Our computer has projected that this cycle would be one based on shortages. True, that that $1.9 trillion Continue...Read More