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
Investment Concerns? Get a free portfolio review with Wealthion's endorsed financial advisors at https://wealthion.com/free/ Hard ...Read More
In this video call, Gwen and Jim discuss their outlooks for the markets, their timelines and plans for investing in this opportunity, and the importance of mindset and knowing what kind of investor you are. Then they shift to the palladium-platinum-rhodium market and discuss what COVID is doing to supply and demand and how ValOre Metals is set up to weather the storm. Jim is president of ValOre, w...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EST. S&P 500 futures slipped 5 points following release of economic news at 8:30 AM EST:U.S. October Producer Price Index was expected to increase 0.1% versus a gain of 0.5% in September. Actual was a decrease of 0.5%. Excluding food and energy, October PPI was expected to increase 0.2% versus...Read More
Key data from the pricing sessions in China, Europe and the United States for the week ending Friday August 9. China UG2 chrome ore prices ticked down, breaking a four-week rally, after depreciation of the yuan against the dollar raised the cost of importing material. The charge chrome market was stable for the sixth consecutive week amid limited activity. ...Read More
A CIBC report discussed the terms, pros, cons and specifics of this transaction in the large-cap gold mining space. In a Jan. 14, 2019 research note, CIBC analyst Anita Soni reported that Newmont Mining Corp. (NEM:NYSE) entered into a definitive agreement to acquire Goldcorp Inc. (G:TSX; GG:NYSE) for $10 billion. Closing of the deal is expected in Q2/19. Soni pointed out that on one hand, the acq...Read More
European distributors of flat steel products reported a 1% year-on-year rise in shipment volumes in May 2019, Eurometal said this week.Fastmarkets' weekly price assessment for steel hot-rolled coil, domestic, exw Northern Europe, was ?,?475-490 ($532-549) per tonne on July 10, compared with ?,?480-495 per tonne ex-works a week earlier. Prices moved down due to poor demand.Eurometal's stock index f...Read More
Read the latest articles at Peak Prosperity: https://www.peakprosperity.com/Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stoc...Read More
Market participants told Fastmarkets on Tuesday September 7 that bauxite production in Guinea has been unaffected so far, despite a coup in the West African country.The coup began on Sunday September 5 when soldiers detained President Alpha Cond?(C), and then announced on state television that the government had been dissolved. Despite the political uncertainties, the operations of mining projects...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
While Perenti Global (formerly Ausdrill), Macmahon Holdings and NRW Holdings - which has outlaid circa-A$200 million (US$135 million) on Golding Contractors and more recently BGC Contracting in theRead More
Nickel premiums in the US and Europe were steady in the week to Tuesday February 17, with both markets broadly stagnant against a well-supported LME three-month nickel price, while Asia's absence from the market saw minimal spot activity.Tight briquette supply sees US market seek alternative products US cut cathode sentiment weakens amid 4x4 uptakeEuropean market laments high price amid stati...Read More
The company he was running may have put millions on lives at risk, but former Boeing CEO Dennis Muilenburg will still receive more than $60 million in pension benefits and stock.Continue...Read More
RAPAPORT... Watches of Switzerland will proceed with an initial publicoffering (IPO) on the London Stock Exchange in an effort to reduce its debt and support growth.The UK-based luxury-watch retailer plans to raise approximately GBP 155million ($201.6 million) by selling new and existing company shares, it said last week. It will use those funds to pay offits current GBP 120 million ($150.1 m...Read More
Analysts remain bullish on the social media giantFacebook Inc (NASDAQ:FB) stock is up 0.5% to trade at $179.78 this morning, after the company announced an extensive restructuring of executive responsibilities, including a new team dedicated to blockchain and privacy concerns. The company will now be divided into three divisions called "Family of apps," "New platforms and infra," and "Central pr...Read More
With the trial of suspects involved in the Fanya Metal Exchange finally taking place earlier this month in Kunming, China, concerns of the vast minor metals stocks the exchange held have re-emerged. A two-day public trial took place at Kunming Intermediate People's Court, Yunnan province, on June 30 to July 1, accusing four companies and 21 defendants of violating national law and illegally raisin...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 322,80053,80758,499163,050466,738544,349579,044 Change from Prior Reporting Period -47,593-4,142-2,990-535-41,992-51,118-49,124 Traders 20571845552288183 Small Speculators LongShortOpen Interest 60,53625,841604,885 -2,941-4,935-54,059 non...Read More
Comex copper prices weakened in morning trading on Friday December 14 after a release of softer Chinese industrial data, placing stress on the base metals complex.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped by 1.85 cents to $2.7485 per lb.Analysts said weaker Chinese economic data was pressuring the base metals complex as a whole this...Read More
Global ferrous scrap prices continued to move downward in the week ended Friday April 3, with reaction to the Covid-19 pandemic responsible for further lockdowns around the world, bringing trading to a halt in key export markets.Turkish import prices plungeUS export market pausesTaiwan import price dips on lower demandTrading remains at a halt in India.TurkeyPrices for scrap imported into Turkey f...Read More
The government of British Columbia revealed today the timeline that will guide the procedures to reform the province's environmental assessment process.Known by its initials, the EAP is a course of action to predict environmental effects of proposed initiatives, particularly mining and resource extraction projects, before they are carried out. In general, an EAP should identify potential adverse e...Read More
(Kitco News)- Despite recent resiliency in equities, the market ismoving closer to a turning point and one quantitative investment strategistsays now is the time for investors to get a little defensive and addbroad-based commodities to their portfolios, including gold.In an interview with Kitco News, Scotty George, chiefinvestment strategist at Alexander Capital, said that his firm is currentlyove...Read More