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
Domestic prices for heavy steel plate in the European Union have been under pressure in slow trading conditions, sources said.Buyers are largely out of the market - they have shown little interest in buying substantial volumes of plate because they still have sufficient material in stock, market sources told Fastmarkets MB.Still, Fastmarkets MB's weekly price assessment for domestic grade-S235JR h...Read More
Activity in European hot-rolled coil (HRC) market has been slow and, as a result, prices have slightly softened, sources told Fastmarkets.The situation however, might change in February on expected restocking activity, according to market participants. "Demand is slow, but we might see more market activity after definitive measures [in the safeguard case] come into force in early February. A lot o...Read More
Turkish domestic and export rebar prices have inched up this week, with mills in the country trying to increase their offers following higher scrap costs.Yet, demand was not supportive and no significant bookings have been heard over the past week, sources said on Thursday January 24.Turkish steel producers have raised their export offers to $445-460 per tonne fob on an actual weight basis but the...Read More
The domestic rebar price in Turkey has moved up slightly, in line with the increasing value of imported deep-sea scrap, while demand was very weak due to a seasonal slowdown in the country, sources said on Thursday January 24.Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY2,820-2,850 ($531-537) per tonne ex-works on January 24, up from TRY2,800-2,830 per tonne last week."...Read More
Steel billet import prices in Egypt increased this week on higher offers despite weak demand, sources told Fastmarkets on Thursday January 23.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $425-440 per tonne cfr on Thursday, widening upward from $425-430 per tonne cfr last week.Billet producers from Ukraine were offering material to Egypt at...Read More
The Turkish deep-sea scrap market remained quiet on Thursday January 24, with steel mills unwilling to pay high prices while finished steel demand is weak, local market sources told Fastmarkets MB.Offer prices for HMS 1&2 (80:20) have already increased to more than $290-295 per tonne cfr from suppliers, who cite increasing collection costs for the rise.Two cargoes were sold to a steel mill in the...Read More
For many of the world's companies, the best investment opportunities aren't always located within their own domestic borders. Whether it is building a new Starbucks store in Abu Dhabi or Tata Motors acquiring Land Rover, foreign direct investment (FDI) is a measure of how much business capital is flowing in and out of countries. In 2017, total foreign direct investment was $1.43 trillion glo...Read More
Billionaire Sam Zell just announced that he bought gold for the very first time in his life because, as he puts it, "it is a good hedge." In a recent Bloomberg interview, the Equity International founder and creator of the real estate investment trust (REIT) admitted to seeing an opportunity in gold's increasing supply shortage."For the first time in my life, I bought gold because it is a good h...Read More
January 24th, 2019, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce the appointment of Mr. Geoff Burns to the Company's Board of Directors.Mr. Burns is Chairman of Maverix Metals Inc. ("Maverix"), an emerging precious metals royalty and streaming company he co-founded in 2016. Prior to Maverix...Read More
Consumption of ferrous scrap in the United Kingdom will continue to increase over the coming years amid an expansion in the UK operations of international metals group Liberty House, Fastmarkets MB's research team believes. UK scrap demand in 2018 is on course to rise for the first time in four years after Liberty restarted a second electric arc furnace (EAF) at its site in Rotherham, northern Eng...Read More
By: Ira EpsteinGold making lower highs, Bollinger Bands narrowing:Read More
Dear Friend of GATA and Gold:Financial blogger Don Swenson today reports disappointedly on his attendance at the Vancouver Resource Investment conference a few days ago. In commentary headlined "Digital Currencies, Electronic Trading, Robots, and Algorithms! Repeat!" --https://kingdomecon.wordpress.com/2019/01/22/digital-currencies-electron...-- Swenson complains that the conference took no noti...Read More
DaBoyz more than held their own Wednesday, keeping the Dow airborne for six hours even though buying interest was practically nil. This is an achievement of sorts, and it suggests that although upside potential will be limited to whatever the stock market's masters can milk from daily mood swings, there would appear to be little enthusiasm for a hard selloff at the moment. In such circumstances,...Read More
Erik Townsend and Patrick Ceresna welcome Russell Napier back to MacroVoices. Erik and Patrick discuss treasury bonds, China and the tightening of Chinese monetary policy. They ask which central bank is dictating global inflation, the fed monetary policy and ask if the Fed is out of bullets? They end with an outlook for developed stock markets and ask if the decade long bull market over?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
Seaborne iron ore prices picked up on Thursday January 24 amid rises in futures and swaps markets.MB 62% Fe Iron Ore Index: $74.71 per tonne cfr Qingdao, up $0.23 per tonne. MB 62% Fe Pilbara Blend Fines Index: $75.55 per tonne cfr Qingdao, up $0.23 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $76.40 per tonne cfr Qingdao, up $0.56 per tonne. MB 58% Fe Premium Index: $66.02 per tonne cfr Qingd...Read More
Manila Chan speaks with investigative journalist Ben Swann about Newsguard, now bundled with Microsoft's built-in Edge browser, and how it claims to protect the public from fake news. Read More
A front-page article published Saturday in the New York Times revealing that the FBI secretly opened a counter-intelligence Continue...Read More
Three months ago, we first released a special report on the video game industry.In that report, we talked about how the growth of eSports was outpacing that of traditional sports leagues.Continue...Read More
*This interview was first published on 1/11/19Doug Casey, an American writer, speculator, and anarcho-Capitalist walks us through his early life and how he became a household name in the Libertarian world of Anarchists. In this interview with Doug Casey from International Man & Casey Research, we talk in depth about the writings of some of the most influential people in this field, what our govern...Read More