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
Jason talks about the new data from Caterpillar, Apple, ratio of "present situation" to "expectations" from the Conference Board confidence report and also what GameStop said about credit for LBOs.Read More
The Fed will be patient. Gradual increases went out the window. Gee who coulda thunk?Continue...Read More
A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups work collaboratively to progress mineral exploration and mining in northwest British Columbia.That was the message behind a panel discussion Tuesday at Roundup 2019, inside the Pan Pacific Hotel in Vancouver.The four-day annual event is a chance for mineral explorers...Read More
Sixty-three out of America's most populous seventy-five cities don't have the money to pay their bills.Continue...Read More
China's hot-rolled coil prices spiked on Wednesday January 30 despite sellers winding down ahead of the Chinese New Year break, with developments in the iron ore market providing some upward momentum.DomesticEastern China (Shanghai): 3,780-3,800 yuan ($561-564) per tonne, up 40-50 yuan per tonneNorthern China (Tianjin): 3,720-3,740 yuan per tonne, up 30 yuan per tonnePrices rose during the day wit...Read More
Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) has announced additional drill results from the Cangrejos project in Ecuador, as well as initial drilling of the Gran Bestia exploration target to the northwest of the resource. "The addition of Gran Bestia to Cangrejos is significant and could substantially increase the scale of the current inferred mineral resource estimate of 8.5 million ounces of...Read More
Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter Tuesday: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country's central bank.The claim set off a welter of social media speculation and outrage. When asked how he knew this, Guerra provided no evidence.Just another outlandish comment from a lawmaker try...Read More
Venezuela is home to rich gold deposits and holds billions of dollars of foreign reserves in gold bars in the central bank's vaults. The question is, how much is there?The answer has taken on added significance as beleaguered President Nicolas Maduro faces increasing pressure to resign. Last week, countries including the U.S. and U.K. recognized the leader of the National Assembly, Juan Guaido, as...Read More
Cordoba Minerals (TSXV: CDB), the Toronto-based miner developing the San Mat?-as project in the department of C??rdoba in northern Colombia, issued a media statement today detailing the reasons behind the lawsuits it filed in late 2018 and January 2019.According to the press release, Cordoba was forced to present criminal charges before Colombian prosecutors against nine members of former manageme...Read More
Fortune Minerals (TSX: FT) (OTCQX: FTMDF), the company behind what could become Canada's first primary cobalt mine, has signed a socio-economic agreement with the government of the Northwest Territories (N.W.T.) in which it commits to hire and spend locally.The 48-page document sets out targets for jobs, spending, education, and training in the Territories as the NICO cobalt, bismuth, gold, and c...Read More
British Columbia is known for its coal and copper-gold deposits, with a storied history of mining all three commodities. Now the second largest mining company in the world is hoping to add a BC copper porphyry deposit to its portfolio of development properties.Rio Tinto's (ASX, LON:RIO) Chris Welton said the London and New York-listed mega-miner is scoping out British Columbia, Canada for a copper...Read More
Prior geologic mapping and surveying guide exploration and drilling at the project. Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced in a news release that in late January 2019 it began drilling at Monitor Hills, the fourth of the six Nevada targets in the program. At Monitor Hills, 10-12 holes will be drilled for 2,150 meters. The target there is "Carlin-type gold mineralization in Cambr...Read More
Kevin Vecmanis, founder of VanAurum Financial Technologies, sits down with Maurice Jackson of Proven and Probable to discuss what the unwinding of central bank balance sheets may mean for investors. Maurice J.: Joining us for a conversation is Kevin Vecmanis, the founder of VanAurum Financial Technologies. Mr. Vecmanis, welcome to the show, sir.Kevin V.: Hello, Maurice. It's great to be here. Tha...Read More
"The stock market correction hurt consumer confidence, record high home prices cut into affordability and mortgage rates were higher in October and November for consumers signing Continue...Read More
China's rebar prices remained stable on Wednesday January 30 in both the domestic and export markets, while there were significant changes in the futures market.Domestic Eastern China (Shanghai): 3,710-3,750 yuan ($551-556) per tonne, unchanged Northern China (Beijing): 3,700-3,740 yuan per tonne, unchangedRebar futures rose to a high of 3,767 yuan per tonne soon after opening on W...Read More
The last time Bob and I spoke global equity markets were coming unhinged and he very calmlyContinue...Read More
About 20 tons of gold from Venezuela's central bank holdings was ready to be shipped outContinue...Read More
Prices for steel billet in Asia are likely to come under greater pressure in 2019 with demand for it as well as downstream long steel products expected to stay subdued amid an impending surge in new supply, sources told Fastmarkets MB."Regional demand is weak, so there is not enough room for everyone," a Vietnam-based trader said, referring to a string of new billet production capacity set to come...Read More
Facebook has been paying people in secret to install an app that lets the social mediant giant collect data on how they use their devicesContinue...Read More
"The Intelligence people seem to be extremely passive and naive when it comes to the dangers of Iran. They are wrong! When I became President Iran was making trouble all over the Middle East, and Continue...Read More