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
In a fitting legacy for my friend Walter Jones, Jr. who passed away last week, the US House made history by voting in favor of H.J.Res. 37, a resolution "Directing the removal of United States Armed Forces from hostilities in the Republic of Yemen that have not been authorized by Congress." As George O'Neill wrote in the American Conservative magazine this week, the historic 248-177 victory for a...Read More
Brazilian slab export prices soared by $40 per tonne last week on higher prices for CIS-origin material and the low availability of material in the main producing regions.Fastmarkets' weekly assessment of Brazilian export slab prices reached $460-510 per tonne fob on Friday February 15, up from $420-470 per tonne fob a week before.Offer prices for Brazilian material in the United States were heard...Read More
Gold grinded higher on Monday, rising towards its best level since April Continue...Read More
Gold is up big lately and most of the gains are not based upon a weaker US dollar.Continue...Read More
Technical analyst Clive Maund charts silver and finds it is still quite a long way from breaking out of its base pattern. The charts for silver look nowhere near as strong as those for gold, but that is normal for this stage in the cycle, as at the start of major sector bull markets investors tend to be cautious and conservative and favor gold over silver. Before going any further note that many...Read More
Technical analyst Clive Maund charts gold and explains why he believes it is preparing to break above the key $1,400 level. Gold has been turned back so many times in recent years from the strong resistance approaching the $1,400 level, that most investors have now been well trained, like Pavlov's dog, to expect it like clockwork, and as we know, it is just when this mindset prevails that gold is...Read More
A BMO Capital Markets report reviewed Q4/18 numbers, 2019 guidance and possible near-term catalysts. In a Feb. 13 research note, BMO Capital Markets Andrew Kaip reported that strong production and sales led Kinross Gold Corp. (K:TSX; KGC:NYSE) to achieve an earnings beat in Q4/18. Kaip presented Kinross' Q4/18 results and 2019 projections and indicated how they compare to BMO's estimates.The com...Read More
Import prices for steel slab in Southeast Asia and East Asia maintained their upward momentum over the past week amid scarce offers, while trading activity remained thin.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $460-470 per tonne cfr on Monday February 18, up $10-15 per tonne from a week earlier.The regional market remained consistently quiet, wi...Read More
Low grade ore prices rose strongly over the week ended Friday February 15 when some consumers accepted offer prices for March delivery that were increased over the Chinese New Year break. Low-grade ore prices rise strongly High-grade ore price increase Ferro-manganese prices in China and US increase Alloys in Europe fall Silico-manganese prices in China, US and India drop...Read More
Fastmarkets' UG2 chrome ore price strengthened in China on Friday February 15 ahead of stainless steel production restarts after Lunar New Year, while alloy prices in Europe and the United States fell. UG2 records modest gainFerro-chrome prices hold in ChinaAlloy prices tick up in Japan, South KoreaAlloy prices weaken in Europe UG2 chrome ore prices edged up in China on Friday on anticipation of...Read More
Muthana is the sole American citizen out of 1,500 women and children at a refugee camp in SyriaContinue...Read More
The Chinese markets for domestic and export ferro-silicon rose in the week ended Friday February 15 on renewed demand after the Lunar New Year holiday, while the European market is stable, with traders offering alloy at about ?,?20-30 per tonne below producer offer prices. Firm fundamentals a springboard for Chinese prices, with more price strength seen in the near term European price held...Read More
A few simple tools can help anyone make smarter trades.It used to take years of practice and hours of research to consistently make winning trades in the stock market, but nowadaysfinding profitable trades shouldn't have to be a full-time job. In fact, trading like a pro can really be as easy as 1-2-3, with the right tools and technology!According to one company, there's a simple recipe that can...Read More
The Nasdaq clawed its way out of bear market territory on FridayThe dominant stock market headlines late last week generally seemed to fall under the category of "more of the same" -- speculation over U.S.-China trade negotiations; fresh developments on the politically divisive border wall; shifting Fed policy expectations; hot-and-cold corporate earnings; more Brexit fumblings out of the U.K.; an...Read More
How you can transform lagging indicators into leading indicators.Despite the strong January kick-start to 2019, many investors are still apprehensive of what's to come, especially considering some of the latest market-moving events -- think Fed policy announcements, U.S.-China trade negotiations, and earnings season, to start.While it's certainly no crystal ball, becoming familiar with the various...Read More
By: Clive MaundGold has been turned back so many times in recent years from the strong resistance approaching the $1400 level, that most investors have now been well trained, like Pavlov's dog, to expect it like clockwork, and as we know, it is just when this mindset prevails that gold is likely to surprise the majority by actually breaking out above this level.Looking at our latest 10-year char...Read More
The trend over the next four weeks in gold and silver could be the trend for the rest of the year. In Asia, local currency price moves will be a far bigger factor (than gold in US dollar) over other themes. Winner will be the ones who are correctly able to determine to trend of the local currency trend. It is not easy to determine the long term trend of Indian rupee as we have an election. India...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
Mining companies in Brazil that operate 'upstream' tailings dams will have to completely decommission them by August 15, 2023, according to a new resolution issued by the country's mining agency ANM on Friday February 15.The document, published in the Brazilian official gazette on Monday February 18, showed that 84 dams currently operate through the upstream method, or an 'unidentified' one, and a...Read More