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
We're in the wake of one of the closest elections in U.S. history, at least in the Electoral College count. Joe Biden will win the popular vote count by 3 to 4 million votes.Continue...Read More
Time Stamp References:0:00 - Introduction0:35 - Buyer beware and free services.1:45 - Election day, risks and gold.4:50 - Risks from a democratic victory.7:30 - Where is gold heading?9:00 - Mining equities vs. other equities.14:40 - High margin projects and M&A.17:25 - Recovery or another leg down.19:20 - The greater depression?22:50 - inflationary scenarios.26:30 - Other opportunities, copper & n...Read More
As we approach noon on the East Coast, the Biden Campaign is saying the final result in Arizona won't be known until Friday at the earliest. Meanwhile, a judge Continue...Read More
If the vote counting ever ends, and Joe Biden wins, he'll face a Republican-controlled Senate, and a stronger G.O.P. caucus in the House. Any dreams related to court packing, fracking, or new green deals will die on Mitch McConnell's doorstep. But it President Trump wins reelection, he'll pick up a powerful tailwind.Read More
According to a report from the influential London-based Arabic newspaper Asharq Al-Awsat, a senior Biden advisor met with a group of Syrians to go Continue...Read More
Alex Jones makes an emergency message on the War Room with Owen about the reality the Republic is in right now.Read More
There is going to be a lot of inflation in the future, even more so than what we had in the past, and that means a lot more money is going to go into gold.Continue...Read More
The next big driver for the market will be coronavirus cases and a vaccine timeline.Continue...Read More
The election polls were horribly wrong.Blue wave barely makes a splash.Wall Street content with the election results.Biden will reregulate what Trump deregulated.Biden regulations will take toll on workers.China and pharmaceutical companies optimistic on Biden.Pot stocks get smoked.Ranked voting would blow open the Democrat and Republican duopoly.Peter Schiff is an internationally recognized econo...Read More
Steel rebar and billet prices have remained stable in Egypt in the week ending Thursday November 5, with demand being very weak, sources have told Fastmarkets.Egypt had reduced the safeguard duty it imposed on billet and rebar imports the week before.The duty for imported billet has been reduced to 13% for the cif market but with a minimum of $60 per tonne. This compared with a 16% duty and $75 pe...Read More
Trading activity in the Iranian export billet market remained limited at the beginning of November amid challenging market conditions in both the domestic and export outlets, sources said.In the domestic market, the Iranian government insisted on a higher allocation of semi-finished steel products at low prices to support local re-rollers, Fastmarkets was told.This left the domestic billet price e...Read More
The investment highlights of Nomad Royalty Company are presented in a Cormark Securities report. In an Aug. 20 report, analyst Nicolas Dion reported that Cormark Securities initiated coverage on precious metals royalty and streaming firm Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX), with a Buy rating and a CA$2.20 per share target price. The current share price is about CA$1.33."As the portf...Read More
Dolly Varden Silver is discovering new high-grade silver deposits on its property where silver mining began 100 years ago. It's called the Golden Triangle, but it's home to lots of silver too.Dolly Varden Silver Corp.'s (DV:TSX.V; DOLLF:OTCMKTS) large Dolly Varden property in northwest British Columbia has a long and storied history. The Dolly Varden/North Star Mine operated only for a few years,...Read More
Reyna Silver began trading publicly in June and has been actively adding properties to its portfolio, now holding six projects, five in Mexico and one in Nevada, with a focus on high-grade, district-scale assets. Reyna Silver Corp.'s (RSLV:TSX.V; RSNVF:OTCMKTS) focus is clear: it aims to assemble a portfolio of high-grade silver assets that offer district-scale potential, and to that end it is m...Read More
Generation Mining reported its recent drilling has defined new palladium mineralization west of the company's Marathon Deposit. Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN:FSE), in a news release announced "initial results from its exploration drilling program focused on the down-dip western extension of the W Horizon portion of the Marathon Palladium Deposit." The firm noted that the W Ho...Read More
Lion One Metals stated it ordered two new, deep capacity underground diamond core drill rigs that will allow the firm to drill year-round at its high-grade Tuvatu Gold Project in Fiji. Lion One TuvatuIn a news release, Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced that it has formulated long-term plans for drilling at its new high-grade discovery located beneath the existing Tuvatu gold...Read More
The mineralization alteration intersected at Aurania Resources' Tsenken N2 suggests an iron oxide copper-gold system. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release that scout drilling in the Tsenken N2 target at the Lost Cities-Cutucu project in Ecuador encountered mineralization alteration commonly seen in an iron oxide copper-gold system.These systems tend to have...Read More
China's domestic stainless steel prices fell in the week ended Wednesday November 4, with the market tracking weakness in nickel futures.The three-month nickel contract on the London Metal Exchange fell steadily over the past week and ended Wednesday's official trading session at $15,422 per tonne, down by $427 per tonne (2.7%) from $15,849 per tonne on October 28.The most-traded January stainless...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
Finished steel inventories at member mills of the China Iron & Steel Association (Cisa) fell by 11.26% in late October from the middle of the month, according to data released on Wednesday November 4.October 21-31 outputCrude steel: 2.16 million tonnes per day, down 0.77%Finished steel: 2.14 million tpd, up...Read More