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
Here are five Fastmarkets stories you might have missed on Friday November 20 that are worth another look.The price for pig iron exports from Brazil went up again during the week to November 20 on strong demand in both the export and domestic markets.After much anticipation...Read More
Here is a quick tutorial on how you can set up multiple recurring buy orders for the same stock/ETF on Wealthsimple self-directed ...Read More
The mood in the CIS export billet market has turned positive because import scrap prices in Turkey continue to rise, which spurred Turkish customers' interest in imported billet last week.On Tuesday November 6, Fastmarkets calculated the daily index for Northern European HMS 1&2 (80:20) at $332.85 per tonne cfr, up by $13.82 per tonne from $319.03 per tonne on October 5.The daily index for similar...Read More
International cobalt spot metal prices have trended upward since the beginning of September, with sellers keeping the material in tight hands and offering aggressively, sources said. Meanwhile, the "mating season" is in full swing and talks about long-term contract renewals are ongoing amid an improved demand outlook for the coming year.Fastmarkets' benchmark price assessment for cobalt standard g...Read More
FRANKFURT (Reuters) - European Central Bank inspectors found shortcomings and miscalculations worth more than 10 billion euros when going through euro zone banks’ loan books last year, the ECB said on Monday.The ECB’s annual report on its work as the euro zone’s top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans,...Read More
Tim Johnson, CEO of Granite Creek Copper, talks with Maurice Jackson of Proven and Probable about his company's project in the Yukon and its aggressive plans to grow the resource. Maurice Jackson: Joining us for conversation is Tim Johnson, the CEO of Granite Creek Copper Ltd. (GCX:TSX.V; GCXXF:OTC). It is always a pleasure to speak with you as you have some important updates for shareholders reg...Read More
TORONTO Reuters) - Canadian mining magnate Peter Munk, who built Barrick Gold Corp from a single mine into the world's largest producer of gold, has died at the age of 90, the company said on Wednesday.The blunt-spoken miner became renowned for his philanthropy, donating millions to healthcare and at universities in Toronto and Israel. Munk was invested as a Companion to the Order of Canada, the c...Read More
SSR Mining just dropped their Q1 results, and it's a mixed bag. Revenue surged 37% year over year, but higher costs are biting ...Read More
No matter what shape the recovery is, the epidemic will likely have lasting, positive effects on the gold market.During the most acute phase of the pandemic and the following economic crisis, there was no time to analyze various WGC’s reports on the gold market. Let’s make up for it!I’ll start with the report “Recovery paths and impact on performance” about the gold m...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday January 29.China Sentiment among buyers has been dampened by falling silico-manganese futures prices and a smaller-than-expected increase in Hebei Iron & Steel's February purchase price for alloy, accompanied by a reduction in the tonnage the mill plans to procure.The portside market r...Read More
In a confident assertion, Trump insisted that interest rates would decrease, emphasizing he would make a strong statement to ...Read More
Wishpond Technologies CEO Ali Tajskandar and CFO David Pais joined Steve Darling from Proactive with news the company ...Read More
FRANKFURT, Jan 31 (Reuters) - European Central Bank board member Benoit Coeure praised Ireland's candidate to become the ECB's next vice-president on Wednesday, describing Philip Lane as an "outstanding economist" and a "good colleague".The appointment is being closely watched by investors because it could end up influencing the race to replace ECB President Mario Draghi in 201...Read More
Jordan Roy-Byrne CMT, MFTAA few weeks ago we noted the bullish setup for 2020.Macro developments, one way or another will tend to favor Gold. There isn't a realistic scenario that isn't Gold bullish.Note the comments from various Fed-heads last week. They are laying the groundwork to target higher than 2% inflation and won't consider raising rates anytime soon.And if they have to resume cutting...Read More
Besieged Globalists Ponder What Went Wrong ... Until recently, you didn't hear people being referred to as "globalist" very often. But in a time of rising nationalism, those who see the upside of globalism have become a distinct - and often embattled - tribe. - New York TimesNo. Untrue. Everything we understand about globalism leads us to believe that its "embattled" nature is by design.Globalis...Read More
"The potential that the red cycle inverted to a low increased last week when gold suffered an outside reversal day at the blue cycle.It takes a close above 1216-1222 this week to cancel the inversion scenario and avoid lower into Sept 9th (plus or minus 72 hours)."Read full newsRead More
Share this articleVANCOUVER - Arizona Metals Corp. [AMC-TSXV] on Monday announced the latest drilling results from its 100%-owned Kay Mine Volcanogenic Massive Sulphide (VMS) copper-gold project in Arizona.Highlights include 25 metres of grade 2.7% copper equivalent, 49.2 metres at 2.4% CuEq, and 5.2 metres of CuEq. The company has also completed the first four holes at the Western Target area and...Read More
CAIRO, April 1 (Reuters) -INTEREST RATES LatestLast change Previous Central16.75 29/03/1817.75 bank o/ndeposit Central17.75 29/03/1818.75 bank o/nlending Central17.25 29/03/1818.25 bankdiscountrate MONTHLY DATA_____________ Month Pvs Yr ago Urban 14.430.2 consumerFebruary17.1 prices (year-on -year, pctchange)Core inflatioFebruary11.8814.35 33.1n(year-on -year, pctchange)Foreign February$42.524 38....Read More
The situation in gold and gold stocksis not stagnant. Something shifted. And the implications are not minor.A Moment of RealizationIn 1993, Aerosmith released the songcalled “Amazing”. I really enjoyed it when it came out and some of the lyricsstuck in my mind. When I was reviewing the charts to prepare today’s analysis,I recalled a part of that song. I wasn’t sure why, as...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points in pre-opening trade. Index futures were virtually unchanged following release of the June U.S. housing starts report at 8:30 AM EDT. Consensus was an increase to 1.585 million units from 1.549 million units in May. Actual was an increase of 1.559 million units.IBM dropped $5.97 to $132.16 despite reporting h...Read More