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
1.5 billion ounces of silver demand is projected through 2030 in the green energy industry. David Morgan says this is an overestimate. Talk about green energy is largely "hype," he says. However, he believes monetary demand will increase.Currently, Morgan notes investment demand for physical silver has plummeted. This is at the same time when there is the most ever fiat currency in the world. "We...Read More
The term "deep state" has been so over-used in the past few years that it may seem meaningless. It has become standard practice to label one's political adversaries as representing the "deep state" as a way of avoiding the defense of one's positions. President Trump has often blamed the "deep state" for his political troubles. Trump supporters have created big conspiracies involving the "deep stat...Read More
FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) expects second-quarter net profits will be more than double analysts’ forecasts in a rare piece of good news for Germany’s largest bank which is cutting costs to try to revive profitability.The stronger performance partly reflects higher revenues and a bigger drop in costs than analysts had been forecasting. It is a positive sign for new c...Read More
About two and a half years ago, I told you about a particularly nasty piece of legislation that President Obama quietly signed into law towards Continue...Read More
TORONTO, Jul 16, 2018 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q2 2018 of 36,959 gold ounces and 772,432 silver ounces, or 47,258 gold equivalent ounces(1)("GEOs"), using a 75:1 gold to silver ratio.Consolidated Production SummaryQ2 '18 Q1 '18 Q4 '17 Q3 '17 Q2 '17Gold ounces 36,959 35,069 48,609 19,051 22,191Silver ounces 772,432 695,651 926,739 749,749 779,4...Read More
CIS export billet prices continued to decline in the week ended Monday July 16 amid reduced buying activity in the major sales outlets....Read More
Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., for 17 years. Rand has been a vocal advocate for term limits, a ba...Read More
Randgold Resources' (LON:RSS) said Monday a workers' strike at its at Tongon gold mine in the Ivory Coast had brought production to a halt after government-led negotiations broke down.The Africa-focused gold producer noted it continued to work with local authorities and the workers' unions to resolve the standoff, but didn't provide any details about what the strife was about.Same mine was also...Read More
Canada's Wheaton Precious Metals (TSX:WPM), the world's No.1 silver streaming company, said Monday it was buying all of the gold production and part of the palladium output from Sibanye's (JSE: SGL) (NYSE:SBGL) Stillwater and East Boulder mines, located in Montana, US.The Vancouver-based firm will pay the South African precious metal miner $500 million in cash upfront, followed by subsequent payme...Read More
Joel Bowman: When we left off last, I think you and I were talking about burning one's passport, which seems like a natural enough subject for a couple ofContinue...Read More
Continue...Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperfor...Read More
Housing bubbles proceed in fairly predictable stages. Stage One is long and (initially) slow, fueled by excess central bank money creation or foreign Continue...Read More
The neocons, not to mention members of military-industrial complex, are furious at the thought of losing Russia as the biggest global bogeyman Continue...Read More
(Reuters) - BlackRock Inc (BLK.N), the world’s biggest asset manager, reported a better-than-expected quarterly profit on Monday, as client demand for index funds helped plump up margins and the company settled into a lower tax rate.Net income attributable to the company rose to $1.07 billion in the second quarter, up more than 25 percent from $854 million a year earlier.The company wrestled...Read More
TORONTO (Reuters) - Canadian government customs provisions are expected to soften the blow on the country’s powerful automotive industry from retaliatory tariffs on U.S. steel, according to trade lawyers and industry leaders bracing for higher costs.Decades-old programs reduce or refund import duties on supplies like steel when companies in Canada can show the material is used in export prod...Read More
China's domestic rebar prices moved down on Monday July 16 amid a subdued futures market. ...Read More
U.S. retail sales posted solid gain in June, buoyed by increases in purchases of motor vehicles and a range of other goods, increasing expectations for solid economic growth inContinue...Read More
$8 per vial in competing developed-world nations and $38,892 in the U.S. That says it all.Continue...Read More
Featuring views and opinions written by market professionals, not staff journalists.Continue...Read More
A look at how seasonality is much different over the last 5 years than the last 10,20 and 45. The pattern of the last 5 years implies a sharp decline by the end of summer. That differs from the generic look at the last few decades.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publi...Read More