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
Indian domestic secondary billet prices fell in the week ended Friday January 18, mainly on account of weakness in the prices of finished products such as rebar.The Indian domestic secondary billet price was assessed by Fastmarkets on Friday at 30,900-31,100 rupees ($435-437) per tonne ex-mill. This was down by 200 rupees ($3) per tonne compared with 31,100-31,300 rupees per tonne last weekend."Bi...Read More
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on Londo...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
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 Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
"If you find a truly hidden camera in your bedroom or bathroom, AirBnB will support you. If you find an undisclosed camera in the private living room, AirBnB will not support you."Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
ArcelorMittal Brasil is currently designing a long-term strategic plan until 2030 with a possibility that it would include an expansion to its flat-rolling capacity in Tubar??o, local chief executive officer Benjamin Baptista said on Friday January 18.The company owns roughly 13.5 square kilometers of land in Tubar??o, the name of the unit located in Serra, a city in the southeast Brazilian state...Read More
The earth's very first worldwide revolution began in Paris on November 17th 2018. The immediate cause was an increase in taxes on diesel and gasoline. The French government Continue...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
"There has to be real money, real investment," DeFazio said late last year. "We're not going to do pretend stuff like asset recycling. We're not going to do massive privatization."Continue...Read More
Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More
David feels the general markets and the way quantitative easing was structured are the reason gold has underperformed. This money instead went into financial markets, real estate, and art. Gold is a fear trade, and over the last few years, we have had mass complacency. If the Fed instead signals that tightening is ending along with rate hikes that could send gold higher. People are currently in a...Read More
The pricing outlook for stainless steel in Europe remained negative despite recent good demand, sources told Fastmarkets on Friday January 18.One distributor has sold the tonnages it forecast so far in January, but that amount of demand was looking surprisingly positive.But this was in the context of recent better months. Compared with earlier, more economically buoyant times, demand is underwhelm...Read More
* Mali's industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday.* In March, the mines ministry said output would rise in 2018 primarily due to the start of production at B2Gold's Fekola and Hummingbird Resources' Komana mines.* Mamadou Sidibe, deputy director of the government's Cell for Planning and Statistics, said output...Read More
The Canada-based company makes a new discovery in one of the drilled areas. Victoria Gold Corp. (VIT:TSX.V) reported in a news release the assay results from its 2018 Nugget and Bluto drill holes on the Dublin Gulch property. "The 2018 exploration program at Dublin Gulch resulted in a new discovery, the Raven target at Nugget. This discovery further validated the efforts to build out infrastructu...Read More
Burkina Faso's thriving gold mining sector has been rattled by a new wave of Islamist violence and sporadic outbreaks of interethnic conflict.The industry has been booming in recent years - with Burkina Faso expecting to announce that 2018 was its most successful year for gold production - but could the latest outbreak of Islamic militancy prove an insurmountable challenge for the country's resili...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday January 18. China The domestic ferro-chrome spot price was unmoved amid thin trading activity. Many market participants await February's tender prices, which mills are expected to release next week. Higher trade prices and increased liquidity pushed up the UG2...Read More
Gold demand turned fragile this week in India as local prices jumped to their highest level in 2-1/2-years, while traders in major buying centres in Asia pinned hopes on purchases ahead of the approaching Lunar New Year.Local gold prices in India, world's second-largest gold consumer, touched their highest since July 2016 this week."Prices are just moving higher and higher. Buyers are waiting for...Read More
Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More