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
Turkish domestic rebar and wire-rod prices have continued to rise over the past week due to higher scrap costs and a weaker lira, market sources said on Thursday October 21.Turkish steel mills have continued their deep-sea scrap purchases with prices exceeding $500 per tonne for HMS 1&2 (80:20).Fastmarkets' calculation of its daily index for steel scrap HMS 1&2 (80:20 mix) United States origin, cf...Read More
The Daily Gold, Released on 10/20/21The start of rate hike cycles is very bullish for Gold, but also gold stocks. Gold rebounded an average of 27% during the start of the last 4 rate hike cycles and usually made a 2-year or 2.5 year high. Gold Stocks have performed slightly better than Gold.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He...Read More
CNBC, Released on 10/21/21"These tough new rules raise the bar high in order to assure the public we serve that all of our senior officials maintain a single-minded focus on the public mission of the Federal Reserve," Fed Chairman Jerome Powell said in a statement.Continue... Fed to ban policymakers from owning individual stocks & bonds, restrict trading following insider trading scandal added by...Read More
Summit News, Released on 10/21/21Former Secretary of State Condoleezza Rice criticised proponents of Critical Race Theory Wednesday, declaring that "this is a conversation that has gone in the wrong direction."Continue... Condoleezza Rice Crushes Critical Race Theory: "White Kids Shouldn't Be Made To Feel Bad For Being White" added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 10/21/21This is not a candid interview and Gates uses multiple strategies to protect himself. He repeatedly claims that he regrets having dinner with Epstein. Continue... Bill Gates' Body Language Decoded added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
Zero Hedge, Released on 10/21/21A top NIH official admitted in a Wednesday letter that the US-funded so-called "gain-of-function" research in Wuhan, China - and that the US nonprofit which conducted it, EcoHealth Continue... Fauci Lied: NIH Admits Funding Gain-Of-Function COVID Experiments; Gives EcoHealth Five Days To Report Data added by Herman James on 10/21/2021View all posts by Herman James ?...Read More
Denver Business Journal, Released on 10/20/21Self-driving trucks are now hauling ore at mining giant Newmont Corp.'s biggest gold mine in AustraliaContinue...Newmont becomes first gold mining company to use self-driving trucks in mine added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
BBC, Released on 10/21/21The UK government is planning to use brand new state-of-the-art technology to recover gold, silver and precious metals from recycled electronic products.Continue... New technology to recycle gold/silver from electronic waste added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
TOKYO (Reuters) - The Bank of Japan is discussing phasing out a COVID-19 loan programme if infections in the country continue to dwindle, sources told Reuters, potentially setting the bank up to exit a key crisis-mode policy sooner than investors expect.Markets have been anticipating a third extension of the scheme, set to expire in March. Policymakers have not reached a consensus as discussions a...Read More
(Reuters) - China's cybersecurity watchdog suggested ride-hailing firm Didi Global Inc and two other U.S.-listed tech companies explore listings in Hong Kong, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The Cyberspace Administration of China (CAC) broached the idea in recent conversations with executives from Didi, logistics platform Full Truck Alliance Co...Read More
Turkish reinforcing bar and wire rod export prices continued to increase over the past week due to strengthening scrap costs, market participants told Fastmarkets on Thursday October 21.Turkish steel mills continued their deep-sea ferrous scrap purchases this week, with prices exceeding $500 per tonne for an 80:20 mix of No1 and No2 heavy melting scrap.Fastmarkets' daily index for steel scrap HMS...Read More
Oct 21 (Reuters) - AT&T Inc's (T.N) quarterly revenue and phone subscriber additions beat market expectations on Thursday, on increased demand for its phone and internet service and steady growth for its streaming platform HBO Max.Shares of AT&T rose 1.3% to $26.25 in pre-market trading.The U.S. wireless carrier is working to unwind its years-long journey to become an entertainment powerhouse in...Read More
Rio Tinto will invest $7.5 billion to reduce emissions and meet its carbon targets earlier than planned, the company announced on Wednesday September 20.Following more ambitious climate targets by governments, Rio Tinto is revising its emissions reduction targets. Its new target is to reduce its Scope 1 & 2 carbon emissions of the greenhouse gas (GHG) Protocol by 50% by 2030, more than triple...Read More
The explorer's recent drilling success at its namesake property is expected to help improve the economics of the project prefeasibility study expected next year. In an Oct. 19 research note, Stifel analyst Ian Parkinson reported that Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQX) continuing expansion of the Southwest and J zones at its Troilus property in Quebec bodes well for the upcoming prefeasibi...Read More
LONDON (Reuters) -British manufacturers raised prices by the most since 1980 over the past three months as they sought to pass on rapidly rising costs for raw materials and manage acute labour shortages, a long-running survey showed on Thursday.The figures from the Confederation of British Industry are likely to fuel concerns at the Bank of England that short-term inflation pressures risk getting...Read More
Turkish steel mills have continued their deep-sea scrap bookings with two Venezuelan cargoes, market participants told Fastmarkets on Thursday October 21.A steel mill in the Iskenderun region booked a Venezuelan cargo consisting of 25,000 tonnes of HMS 1&2 (80:20) at $505 per tonne cfr late on Wednesday October 20. The cargo was scheduled to...Read More
* Most were for concerns around independence* Engaged with 520 companies, in-line with last year* Asia-Pacific companies account for more than half of meetingsLONDON, Oct 21 (Reuters) - BlackRock, the world's biggest asset manager, said on Thursday it had voted against the re-election of more than 800 company directors during an Asia-dominated third quarter for annual general meetings.The biggest...Read More
Oct 21 (Reuters) - Candy Digital, a non-fungible token (NFT) startup launched by sports merchandise retailer Fanatics, has raised fresh capital at a valuation of $1.5 billion from investors led by Insight Partners and SoftBank Vision Fund 2.An NFT is a kind of crypto asset that records ownership of digital items. Candy Digital is currently building Major League Baseball's (MLB) official NFT ecosys...Read More
* Lira slips more than 2%* Chinese stocks rise, real estate sector gets some relief* Russian rouble hit by new COVID variant, fresh curbs (Updates with Turkey rates)Oct 21 (Reuters) - Turkey's lira slumped to a record low on Thursday after the central bank cut interest rates by twice as much as expected, while most other emerging market currencies fell on concerns over rising global inflation.The...Read More
LAS VEGAS, Oct 21 (Reuters) - Private jet demand has boomed during the pandemic as the wealthy took control of their travel, yet the flight to luxury could have limited runway as some buyers spend beyond their means and the sector presents a prime target for climate critics.Bidding wars for second-hand planes and premiums for early delivery of new ones dominated chatter at the National Business Av...Read More