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
By: Axel Merk, Merk InvestmentsThe quip, "if you aren't confused, you aren't paying attention" needs to be replaced: "with the Fed confused, you better pay attention." You may want to buckle up. Let me explain.It all starts with the Fed...In assessing our crystal ball for 2019, the starting point is the Federal Reserve (Fed) because they provide an anchor for the price of risk-free assets (Tre...Read More
By: George Smith I collect gold in the form of important insights, and in this article I'd like to share some of them with you. Until a few years ago I never thought of Moore's Law and a gold coin standard as having an important connection, but they do. Gary North lays it out (8/17):The gold standard was an institutional restraint on the expansion of government spending, and central banks we...Read More
By Ira EpsteinThe Fed is pausing, rallying gold - higher lows, higher highs:Read More
Gold Outlook 2019 - World Gold CouncilAs we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance: ? financial market instability ? monetary policy and the US dollar ? structural economic reforms.Against th...Read More
Steel billet import prices into Egypt fell this week with lower offers, while local rebar prices remained unchanged, sources said on Thursday January 10.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $425-430 per tonne cfr on Thursday, falling from $435-440 per tonne cfr.Billet producers from the Commonwealth of Independent...Read More
The economy is just starting to deflate from a bubble, which could swing in gold's favor, this according to Peter Schiff, CEO of Euro Pacific Capital."It's just the air coming out of the bubble, that's the volatility. First, the bubble was inflating and everything was going up and now that the bubble is deflating, everything is coming down," Schiff told Kitco News.Peter Schiff is an internationall...Read More
China's rebar prices regained some strength on Thursday January 10 with market participants becoming less pessimistic. Domestic Eastern China (Shanghai): 3,750-3,780 yuan ($549-553) per tonne, up 20-30 yuan per tonneNorthern China (Beijing): 3,650-3,690 yuan per tonne, up 10 yuan per tonneReports of new infrastructure projects in the country lifted sentiment among market participants, making them...Read More
*This interview was recorded last weekWalter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New York Times and Investor's Business Daily. He received a bachelor'...Read More
Quill Intelligence CEO Danielle DiMartino Booth on Federal Reserve policy and concerns over a potential U.S. recession.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insid...Read More
The quip, "if you aren't confused, you aren't paying attention" needs to be replaced: "with the Fed confused, you better pay attention." You may want to buckle up. Let me explain.Continue...Read More
First Majestic Silver founder, CEO and President Keith Neumeyer thinks another gold and silver bull run is beginning now, one that will make the 2010-2012 run pale in comparison.2008 eight was a liquidity crisis. It was a "sell everything" mentality. This time around, it is a different type of environment, says Neumeyer, where precious metals will be in a bull run going forward.Neumeyer says there...Read More
Who would have thought I would be forecasting that the Nasdaq could zoom to 10,000 this year? Two things have changed my perspective in recent months: The Q4 2018 crash Continue...Read More
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"China supports the DPRK's continued adherence to the direction of denuclearization on the peninsula, supports the continuous improvement of inter-KoreanContinue...Read More
Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs at its Carlin mining operation in Nevada after deciding to reduce the life span of one mine and suspending part of another due to a wall slide, a spokesman said on Thursday.The Denver, Colorado-based company announced the cuts to its workforce and union on Jan. 7 and is in the process of informing affected employees, Newmont...Read More
Alamos Gold (TSX: AGI) of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions.Results from the Western extension include surface hole MH16-03 with 152.07 g/t gold (36.74 g/t cut) over a true width of 5.0 metres. Other assays from that hole were 12.98 g/t gold...Read More
Toronto-based Barkerville Gold Mines has received assays from 50 more of the 231 holes it drilled last year at the Cow Mountain gold property in its flagship Cariboo gold project in British Columbia. High grade mineralization within vein corridors and extensions down dip and down plunge was identified.The best hole assayed 8.70 g/t gold over 3.4 metres, including 169.50 g/t over 0.5 metre. The...Read More
Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More
Corvus Gold (TSX: KOR; US-OTC: CORVF) has extended its Mother Lode gold deposit in Nevada to the north with five new step out holes it drilled as part of its phase three resource expansion program.The company has found that the project's mineralized zone thickens and grades increase north of the main resource, and as a result theorizes it may be approaching a new mineralization center. Highlights...Read More
* FTSE 100 up 0.5 pct * FTSE 250 up 0.1 pct * Tesco rises after jolly Christmas * Halfords sinks after update * Banks and oil majors lift the main index(Changes analyst comment, updates moves)By Muvija M and Shashwat AwasthiJan 10 (Reuters) - British shares turned around on Thursdayto end the session at their highest in over a month as investorsshrugged off a lack of detail from Sino-U.S. trade ta...Read More