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
Global spot prices were on a downtrend over the week ended Friday January 4 because of weak demand in many scrap importing markets.There was limited liquidity in the key markets of Taiwan, Turkey and Vietnam because some market participants had not returned from new year holidays.Market participants expected prices to continue on the downtrend in the coming weeks, in the face of subdued downstream...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Economists are in a state of dismay over what to expect from the economy in the coming year. With 2018, and especially the last month, marked with nothing but volatility the consensus is just more volatility and uncertainty. For more on this, CEO of Euro Pacific Capital, Peter Schiff joins Rick Sanchez to discuss. Peter Schiff is an internationally recognized economist specializing in the foreign...Read More
"Let this serve as more definitive proof that what we're saying is true, and that we're doing exactly as we promised you. Continue to keep the bitcoins flowing, and we'll continue to Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Bubbles ultimately die of their own extremes, although it always helps to have a trigger like the subprime crisis in 2006. But the San Francisco area takes the cake when it comeContinue...Read More
The light iron steel scrap market in the United Kingdom has been stable over the week ended Friday January 4, extending a steady performance in prices for the third consecutive week.But downward pressures pose a threat, with January delivery settlements expected to be at lower prices, sources told Fastmarkets.Fastmarkets' weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant b...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
"As always, there is no preset path for policy...And particularly with muted inflation readings that we've seen coming in, we will be patient as we watch to see how the economy evolves."Continue...Read More
Job growth ended 2018 on a high note, with nonfarm payrolls surging by 312,000 in the final month of 2018 though the unemployment rate rose to 3.9 percent.Continue...Read More
Cost estimating is a niche practice in any industry; however the mining business brings unique challenges. Cost estimating must be considered at nearly every stage of a project's development to inform investors and to de-risk decisions.Investors need the comfort of knowing that project decisions are as unbiased as possible, from the first resource definition through to development. Exploration...Read More
Canadian merger-and-acquisition activity is expected to strengthen in 2019 as a slump in oil prices could fuel consolidation among energy companies and cannabis deals gain momentum, M&A advisers said.Deal volume jumped 15 percent to a 12-year high of $275.2 billion in 2018, from a year ago, according to figures from Refinitiv. Buyout firms dominated big-ticket deals in the financial services, real...Read More
Alloy steel scrap prices in Europe and the UK have been assessed as either stable or moving downward amid continued weak demand from mills, and market participants have little hope of any improvement in the near future.In the UK market, domestic prices for 18/8 alloy steel scrap solids were assessed on Friday January 4 at ?770-800 ($969-1,007) per tonne...Read More
Gold and gold stocks, It is "high noon" at $1300About four years ago I wrote that a very knowledgeable gold mining person who has been an excellent source of information told me that there was a private meeting in a "large east coast North American city." Those attending the confidential meeting were representatives of central banks and large c...Read More
Export prices for Brazilian steel slab remained unchanged on Friday January 4, with most companies still preparing to launch offers for March shipments in the next few days.Fastmarkets' weekly assessment of Brazilian slab export prices was stable at $430-475 per tonne fob on Friday.But the market was not yet back to work at full speed in the first days of the week, with many...Read More
A CIBC report highlighted why investors should take a new look at this senior mining company with holdings on five continents. In a Jan. 2 research note, analyst Anita Soni reported CIBC resumed coverage of Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) with an Outperformer rating and a US$17 per share price target as it is "a new era for a new Barrick." Soni added, "There remains a 26% return to our pr...Read More
A ROTH Capital Partners report outlined the bullish thesis for this Canada-based mining company. In a Jan. 3 research note, analyst Jake Sekelsky reported that ROTH Capital Partners initiated coverage on Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) with a Buy rating and a US$31 per share target price. The stock is currently trading at around US$25.76 per share."We view Kirkland Lake as a low cost, h...Read More
China's domestic rebar prices remained unchanged on Friday January 4, but export prices dropped further due to softening demand. Domestic Eastern China (Shanghai): 3,700-3,750 yuan ($538-545) per tonne, unchanged Northern China (Beijing): 3,600-3,650 yuan per tonne, unchangedTraders in the spot market kept their prices flat, although futures and billet prices both increased because deman...Read More
Transaction prices in Europe for grade-304 cold-rolled (CR) sheets decreased this week on the back of sharp reductions to the January alloy surcharges.The January alloy surcharge for 2mm grade-304 cold-rolled (CR) stainless steel sheets - based on data published by producers Outokumpu, Aperam and Acerinox - is at ?,?1,242-1,294 ($1,413-1,472) per tonne, down by ?,?58-91 per tonne from the December...Read More