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
SHANGHAI (Reuters) - Yahoo said it had stopped allowing its services to be accessible from mainland China "in recognition of the increasingly challenging business and legal environment", the second Western tech brand to quit the country in recent weeks.The company stopped providing content for users in mainland China as of Nov. 1, according to a statement published on its website, which directed u...Read More
LONDON (Reuters) -Oil steadied near $85 a barrel on Tuesday, not far from a multi-year high, supported by signs that supply from OPEC and other producers is falling short, although expectations of a rise in U.S. inventories was weighing.The increase in OPEC's oil output in October undershot the rise planned under a deal with allies, a Reuters survey found on Monday, due to involuntary outages and...Read More
The north China steel production hub of Handan city in Hebei province has implemented stricter production cuts at steel mills from Monday November 1 to November 7.The move has been made is to mitigate weather-influenced air pollution over the period and comes just after the city finished implmenting steel production curbs in September and October to limit the crude steel output in line with China'...Read More
(Reuters) - KKR & Co Inc said on Tuesday its third quarter distributable earnings more than doubled to $925.1 million, driven by strong growth in management fees and profit from asset sales in its private equity business.KKR and other private equity firms have benefited from a flurry of mergers and acquisitions as the global economy recovers from the pandemic. Its peers Blackstone Inc and Carlyle...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 2 that are worth another look.Eurofer has welcomed the agreement between the European Union and the United States to replace Section 232 steel and aluminium tariffs against the bloc's 27 countries with tariff-rate quotas, the European steel association...Read More
NEW YORK, Nov 2 (Reuters) - Jefferies Financial Group has recruited senior bankers from rivals including JPMorgan Chase & Co and Barclays PLC to strengthen its investment banking unit, according to an internal memo seen by Reuters on Tuesday.Matthias Kristol will join Jefferies as global head of asset and wealth management investment banking, while Aaron Bruker will join the bank as head of sideca...Read More
Turkish steel scrap import prices fell sharply on Tuesday November 2, in line with the the latest bookings and amid increasing freight costs and limited finished steel sales to Turkey's key export outlets, market participants told Fastmarkets. On Tuesday, a steel mill in the Marmara region booked a deep-sea cargo from Puerto Rico, comprising HMS 1&2 (80:20) at $494 per tonne and shredded scrap at...Read More
AUSTIN/SEATTLE, Nov 2 (Reuters) - In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc (TXT.N) and Spirit AeroSystems (SPR.N) remain unvaccinated against COVID-19, risking their jobs in defiance of a federal mandate, according to a union official."We're going to lose a lot of employees over this," said Cornell Adams, head of the local Machinists uni...Read More
TOKYO, Nov 2 (Reuters) - Nintendo Co. (7974.T) will make 20% fewer Switch games consoles than planned in the year to March 31 because of shortages of semiconductors and other components, the Nikkei business daily reported.Switch production for the business year will be around 24 million units, the paper reported, without saying where it obtained the information."The supply and demand of semicond...Read More
Wealthion, Released on 10/22/21Interested in protecting the purchasing power of your wealth from inflation, learning how the US dollar and other world currencies are likely to perform from here, the roles of gold silver & cryptocurrencies, or whether the Federal Reserve & other central banks are going to soon issue digital currencies (CBDCs)?Then watch this video.Recently, I had the pleasure of ho...Read More
Peak Prosperity, Released on 11/2/21Once again publicly available data demonstrate that vaccines are not reducing infectivity or transmission, 2 of the main criteria for an injection to be considered a vaccine. Public health officials are brazenly proclaiming these embarrassing facts, while at the same time continuing to parrot the mantra to get vaccinated and stop the spread.At this point, anyone...Read More
Wall Street Silver, Released on 11/2/21Lawrence Lepard joins us to discuss the latest Fed moves, including why he views our current economy as a Ponzi scheme on heroin. Also his favorite silver stocks, plus much more.Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is a...Read More
GoldCore, Released on 11/2/2100:00- Intro01:10- Inflation Is Here02:11- Quantitative Easing04:11- What happens to the stock market?06:37- Inflation levels09:08- Stock Market reaction to QE10:14- How do we prepare for this higher inflationary environment?11:14- What happens to Gold & Silver?13:42- What happens to the dollar?14:56- What Jeremy Powell could do?16:23- Supply Chain Crisis19:30- Wrap up...Read More
Kitco News, Released on 11/2/21The Federal Reserve's digital dollar is a "scary" concept because it is all about having direct control over currency and economy, said Brien Lundin, executive editor of the Gold Newsletter and the New Orleans Investment Conference host.As the Federal Reserve prepares to launch a review of a possible central bank digital currency (CBDC) shortly, U.S. citizens need to...Read More
MiningStockEducation.com, Released on 11/2/21Professional Trader Gareth Soloway of InTheMoneyStocks.com shares how he is trading gold, silver, miners, commodities and bitcoin. Gareth has over 20 years of trading experience and is the Chief Market Strategist at InTheMoneyStocks.com. Since 2007, Gareth has maintained an over 80% success rate on swing trade alerts (verified 300+ trades per year) give...Read More
David Moadel, Released on 11/2/21Contact me at [email protected]David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style. c...Read More
The LaRouche Organization, Released on 11/2/21The FLOP26 opened with the expected hyperbole, with BoJo saying "It's one minute to midnight", i.e. we are running out of time to stop what Joe Biden called "an existential threat to human existence...." But the "debate" over whether there has been warming and what is causing it has not been settled, despite what the COP26 "influencers" so loudly asser...Read More
Liberty and Finance, Released on 11/1/21In the face of countless encroachments upon our liberties, how do we fight for our freedom? Counstitutional attorney John Whitehead walks us through the ways in which the U.S. government is acting tyrannically right now. He says we must stand up for our rights by using our freedom of thought and freedom of speech to resist and reclaim our sovereignty now.0:0...Read More
The Grayzone, Released on 10/26/21Described as "the most important organization you've never heard of," MITRE rakes in massive security state contracts to Continue... 'Cloak and dagger' military-intelligence outfit at center of US digital vaccine passport push added by Herman James on 11/02/2021View all posts by Herman James ?+'Read More
Prices for steel scrap imported into China decreased sharply due to the continued drop in both spot and futures prices for finished steel products in the country on Tuesday November 2, sources told Fastmarkets.China import price tumbles amid bearish sentiment dominating the steel marketsChinese mills cut domestic scrap buy prices againTaiwan secures containerized scrap cargoes at $475 per tonne cf...Read More