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
India's JSW Steel recorded its highest-ever quarterly crude steel output in October-December 2017, producing 4.11 million tonnes - up 7% compared with the same quarter in 2016.The October-December period is the third quarter of JSW Steel's 2017-2018 financial year, which runs to March 31, 2018. Flat steel production dropped 1% year on year to 2.82 million tonnes, while long steel production increa...Read More
Mechel, one of the leading Russian mining and metals companies, has appointed Nelli Galeeva as its new chief financial officer (CFO), the company reported on Wednesday January 10.Prior to this appointment, Galeeva had been leading Mechel's accounting and tax department for four years and oversaw work on the...Read More
Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce the company has reached a significant ...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Caroline Bain, chief commodities economist at London-based Capital Economics, told viewers of the China-focused session that China's bounce-back in recent months was already priced in to metalsRead More
A two-day lockdown announced on Sunday night in the Democratic Republic of Congo's (DRC) Haut Katanga province has heightened concerns that the spread of the novel coronavirus (2019-nCoV) could affect the supply of copper and cobalt coming from the region. The lockdown prohibits all activity in the province, which, as well as being a production hub, provides a crucial export route for raw material...Read More
"Fear is the enemy in a fiat currency system. Everything is based on our assumption that the guys in charge know what they are doing and that the confidence in them is good. You take that away, and they let us see them sweat, and it's over."John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Mo...Read More
(IDEX Online) - A jeweler in India has created a crocodile necklace, studded with 8,000 natural diamonds and 7,000 other gemstones.It was among the highlights at the Gems & Jewellery Manufacturers Show in Surat, which ended yesterday.Samir Mehta, of the Surat-based jewelry manufacturer Arete Virtue, said the necklace was made of 330 grammes of gold and had a $36,000 price tag."We've had m...Read More
Yesterday from Fed Chairman Powell...Powell says Fed will aggressively use QE to fight next recessionFederal Reserve Chairman Jerome Powell said Wednesday the central bank would fight the next economic downturn by buying large amounts of government debt to drive down long-term interest rates, a strategy that has been dubbed quantitative easing, or QE.Of course they will. The fix is always in, i...Read More
WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial ...Read More
The United States nickel briquette premium dipped at the top end of the range in the week to Tuesday May 5, pushed lower by increased selling momentum at lower levels, while nickel premiums in Europe and China remained flat.?EUR? Virus-weakened demand pushed US briquettes premiums lower?EUR? China public holidays and a lack of arbitrage opportunities kept regional premiums unchanged?EUR? Lack...Read More
Brazilian slab export prices remained unchanged in the week ended Friday September 20, with no deals agreed while buyers and sellers battled to establish a new price.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was $420-435 per tonne on September 20, unchanged week-on-week.The price corresponded to the most recent deals closed, to the West Coast of the United...Read More
CloseGain/LossGold $1222.40-$0.80Silver$14.32-$0.10XAU65.17-0.81%HUI147.19-0.73%GDM538.38-0.32%JSE Gold1143.65+2.03USD96.81+0.60Euro113.68-0.82Yen88.76UNCHOil$53.43-$3.7710-Year3.056%+0.003T-Bond139.90625+0.125Dow24465.64-2.21%Nasdaq6908.82-1.70%S&P2641.89-1.82% The Metals: Gold chopped near unchanged in Asia before it climbed up to $1228.70 in London and then dropped to...Read More
Prices for light iron scrap in the United Kingdom have not changed over the past seven days, extending a period of stability into a seventh consecutive week, sources told Metal Bulletin on Friday October 26.But market sentiment suggests that the light iron market may move higher in the near term because demand was firm among the major shredders and there was strong demand from an unusual source ac...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
If someone wants to become as wealthy as a millionaire, the most effective behaviors involve shifting their mindset away from ...Read More
As the Federal Reserve continues to increase its balance sheet with no end in sight, the dynamics for a silver rally continue to fall firmly in place. So with few in the world more knowledgeable about the silver market than David Morgan "The Silver Guru", I was fortunate to have him join me on the show and discuss what he's expecting in 2020.David talked about what he thinks will happen with silve...Read More
After years of losses and failed turnarounds, Gold Fields Ltd. is having to come up with another plan to save its massive South Deep mine. Its shares plunged.Read full newsRead More
By Marin KatusaThis past week I was invited to be a keynote speaker at Rick Rule's Sprott Natural Resource Symposium.And every year, gold is a key topic on everyone's mind.Let me remind you of a very old saying... Gold is the Currency of Kings Silver is the Currency of Gentlemen Barter is the Currency of Peasants Debt is the Currency of Sla...Read More
Howe Street, Released on 1/5/23*The interview begins at 01:07Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Jim Willie: Vaccines, De...Read More