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
Aluminium premiums in Rotterdam continued to have support over the past week from wide contango spreads on the London Metal Exchange, while premiums in Asia, the United States and South America were generally stable amid a lack of buying interest in the spot markets. Rotterdam premiums ticks higher on LME contango Premiums in Japan, South Korea lower on mounting supply China premium steady on lack...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 12.Please click...Read More
Copper's three-month price on the London Metal Exchange continued to trend lower at the close of trading on Tuesday February 12, with nickel futures also moving downward amid an increasingly negative appetite for risk across the commodity markets.Copper futures topped the complex for total volumes traded, with 13,960 lots changing hands by the close, but continue to trend lower after trading for a...Read More
I get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn't expect a mild recession until mid-2020. Hmmm - explain that rationale to the 78%+ households who are living paycheck to paycheck, bloated with a record level of debt and barely enough savi...Read More
The European ferro-vanadium market largely held steady in the week ended Friday February 8, with spot market activity subdued once again.Spot prices for European ferro-vanadium narrowed to $77-79 per kg on February 8, from $76.70-79.10 per kg during the mid-week assessment on Wednesday, according to Fastmarkets' calculations.Prices have been fairly stable over the past two weeks while the market a...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 12, 2019Is the latest tiny price correction in gold already done? Please click here now. Double-click to enlarge this daily gold chart.The uptrend looks majestic, and especially so in the face of the dollar’s strength against the euro and the yen.Whether gold rallies from the cur...Read More
Goldspot Discoveries, about to make its TSXV debut (SPOT) after a backdoor listing via the former Duckworth Capital Corp and completion of a C$7.5 million placement sponsored by Canaccord Genuity and Haywood Securities, is applying machine learning algorithms to help companies such as Hochschild Mining, McEwen Mining and Yamana Gold improve district-scale exploration efficiency, and possibly effec...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce the appointment of Larry Anderson and David Beck as directors of the Company, and two executive changes which support the Company's continued long-term growth in the evolving cannabis industry.Mr. Beck possesses over 30 years experience with national financial institutions in various cap...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that U.S Tier 1 Carrier network approval is nearing completion and has initiated trials with multiple end-use large-scale potential customers in various industry verticals. As a result, the Company expects initial purchase orders from these end use customers through the U.S T...Read More
Akufo-Addo, who came into office in 2017, said he was working hard at bringing more of the value chain to Ghana after a century of seeing profits go overseas.Read More
Tshipi will issue more than $80 million in dividends in the second half of its financial year thanks to high manganese ore prices that have enabled the South African manganese miner to generate significantly higher cashflow than expected.For the second half of 2019, it declared a dividend of 1.1 billion rand ($80.2 million), its owner - Jupiter Mines - announced. The latest declaration will take&n...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
By: Ira EpsteinGold down into important support zone -- Hope for the gold bears ..."April Gold Chart, lower highs and lower lows, down towards the support: $1306.50 area"Read More
USA is coercing every nation not to use Huawei5G or any of Huawei telecom gear. USA is now using the threat of trade sanctions on nations using or intend to use Huawei telecom gear. This will be short term bullish for US dollar but in the long term it will sink the US dollar. I will prefer to accumulate more and more physical gold on dips. Better to increase portfolio allocation to hard assets n...Read More
Feb 12, 2019 Guest(s): David Morgan The Morgan Report Despite silver and gold have a tough year in 2018, David Morgan, editor of The Morgan Report, is not giving up on the precious metals markets yet. "I don't give up, and not because I'm stubborn. I'm seeing positive things in the gold market, once you get through $1,300 and level off and get through $1,350, I'm absolutely convinced the bull ma...Read More
Tshipi will issue more than $80 million in dividends in the second half of its financial year thanks to high manganese ore prices that have enabled the South African manganese miner to generate significantly higher cashflow than expected.For the second half of 2019, it declared a dividend of 1.1 billion rand ($80.2 million), its owner - Jupiter Mines - announced. The latest declaration will take&n...Read More
Gold prices ended Monday with a loss as a leading dollar index traded at its highest levels since December, cutting demand for investors buying precious metals using other currencies. "It appears that, facing growing uncertainty, investors are once more seeking refuge in the North American currency," said Ricardo Evangelista, senior analyst at ActiveTrades. "Concerns regarding the Chinese economy,...Read More
The Turkish steel mills returned to silence in the deep-sea scrap markets on Tuesday February 12 after a strong buying spree over the past two weeks.Market participants believed that scrap prices were still becoming firmer, in line with the global price trend in raw materials and tightening supplies of scrap."The offers for HMS 1&2 (80:20) are going up to $335 per tonne cfr Turkey from suppliers i...Read More
Exploring the Gowganda West Project in northeast Ontario. Source: iMetal Resources Inc.iMetal Resources Inc. [IMR-TSXV; ADTFF; A7V-Germ.] was an active trader Tuesday February 12 after the company said it is expanding its Phase 1 maiden drill program at its Gowganda West property in northeast Ontario.The company said drilling will focus on the Zone 1 South target area where three holes have been c...Read More
Golden Predator's gold processing plant in the Yukon. Source: Golden Predator Mining Corp.Golden Predator Mining Corp. [GPY-TSXV; NTGSF-OTCQX] has released a progress update on a bulk sampling program that was launched last year at its 3 Aces gold project in the Canadian Yukon.The 3 Aces property hosts an orogenic gold project and is located northeast of Watson Lake. Golden Predator has so far foc...Read More