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
Key data from the pricing sessions in China, Asia, Europe and the United States for the week ending Friday August 30.Europe The high-carbon ferro-chrome market ticked down in response to business being reported at the lower end of the range and below.Some producers were aggressive in their offer prices to generate liquidity.At the same time, some producers have raised their offer prices in an effo...Read More
At some point, Facebook (NASDAQ: FB) went from a social networking site that folks used to share pictures of their vacations and stalk their exes to the biggest news source on the planet.For the past couple of years, I've heard a number of experts opine on why most people get their news from Facebook. Most of it seems to be because their family members and friends share it.But I don't trust my fam...Read More
RAPAPORT... The 13th episode of the Rapaport Diamond Podcast reflects onlast week's arrest of Nirav Modi in central London, as well as other key recentstories in the industry.The Rapaport editorial team assesses the impact of the $2billion bank fraud in which the Indian jeweler allegedly participated, and whatto expect next in the high-profile case. We also analyze mixed 2018 earnings from Tiffany...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, as well as some stocks he has kept his eyes on.When you are in the business of writing a weekly newsletter covering a specific range of companies within a market environment that has been/continues to be largely out of favor, it becomes quite a chore to find new things to discuss. I cover gold, silver, c...Read More
Armstrong Economics, Released on 3/22/23Just as World War I and World War II marked the collapse of the British imperial empire, the Continue... Armstrong: I Told You So added by Herman James on 03/22/2023View all posts by Herman James ?+'Read More
Don't miss out on the multi-billion-dollar "Marijuana Buyout Boom."One Fortune 500 company is betting over $4 BILLION on "legal weed."Constellation Brands already owns Corona, Robert Mondavi, Canadian Whiskey, and Svedka.And now they're getting into cannabis.They recently made a HUGE investment in major pot company called Canopy Growth.Why?Because they anticipate massive growth and profits once...Read More
Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More
SHANGHAI, May 16 (SMM) – Both nonferrous and ferrous metals closed mixed on Wednesday May 16. SHFE nickel, aluminium, zinc edged up. SHFE copper closed 0.5% lower and tin dipped. SHFE lead closed flat.Coke rose close to 1% while hot-rolled coil gained 0.7%. Rebar closed flat. Iron ore dropped close to 1% and coking coal dipped.Copper: The SHFE 1807 contract regained almost all losses at...Read More
(IDEX Online) - The largest purple-pink diamond ever to go under the hammer could fetch as much as $38m.The "fancy vivid purple-pink internally flawless" 15.81-carat type IIa IF diamond (pictured) is the highlight of a Christie's Hong Kong live auction in May. It has a strong pink hue with a secondary color of purple and has been named the Sakura Diamond because it perfectly matche...Read More
As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind.Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative tightening are the main fundamental forces of this transition.The paint is barely dry on Trump's first tranche of tax cuts, and he's already talking about round two!Tr...Read More
Primary aluminium stocks at the three main Japanese ports (MJP) of Yokohama, Nagoya and Osaka rose another 6.4% month on month in May, according to Marubeni Corp data released on Friday June 15.MJP aluminium stocks totaled 284,200 tonnes at the end of last month compared with 267,100 tonnes at the end of April. Total stocks at the end of May were also up by 6.9% from the same period of 2017. ...Read More
Legend Mining Ltd (ASX:LEG) MD Mark Wilson speaks with Proactive after the company wrapped up the data processing phase ...Read More
Daily PDFs will be downloadable until Monday August 27. After that, because of a UK national holiday, the next daily PDF will be downloadable on Wednesday August 29.Read More
For details on how your data is used and stored, see our Privacy Notice.Coronavirus, supply disruptions, muted demand and the oil price plunge have sent shockwaves across the petrochemical industry. Year-on-year profits have been considerably reduced. So how is the industry handling the blow, and what does it mean for balance sheets, budgets and planned projects?Profit margins have been squeezedCo...Read More
Besieged Globalists Ponder What Went Wrong ... Until recently, you didn't hear people being referred to as "globalist" very often. But in a time of rising nationalism, those who see the upside of globalism have become a distinct - and often embattled - tribe. - New York TimesNo. Untrue. Everything we understand about globalism leads us to believe that its "embattled" nature is by design.Globalis...Read More
Published 19 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold gained on Friday en route to its second quarterly rise as the dollar eased on tepid U.S. economic data, while palladium snapped three straight sessions of sharp losses, ending the quarter on a positive note.Spot goldwas up 0.20 percent at $1,292.67 per ounce as of 3:00 p.m. EST. Prices struggled to break past resistance around $1,30...Read More
These days it seems there is not much good news out there. People are still panicked over the coronavirus, governments are still trampling civil liberties in the name of fighting the virus, the economy -already teetering on the edge of collapse - has been kicked to the ground by what history may record as one of the worst man-made disasters of all time: shutting down the country to fight a cold vi...Read More
Three-month base metals prices on the London Metal Exchange were for the most part weaker during morning trading on Thursday October 4. The exception was lead where prices were up by 0.4%. The rest were down between 0.2% for copper, aluminium and nickel and 0.7% for tin, with zinc off by 0.3%. Copper prices were recently quoted at $6,320 per tonne. Although Chinese markets are still closed for the...Read More
China's official manufacturing purchasing managers' index (PMI) rebounded to 52 in March, after 35.7 in February, which means 52% of purchasing managers reported conditions were "better" in March than they were a month earlier. This has provided some support to the base metals this morning, Tuesday March 31.Asian-Pacific equity indices and pre-market western futures were mixed. Japan's preliminary...Read More
"We uncovered enormous waste, fraud, and abuse," President Trump stated, as he considers redistributing 20% of savings from ...Read More