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
By: David HaggithThe best time to size up the collapse in housing that I called almost two years ago will be when it is over so we can visualize its full extent. Since it is now over by some measures, though not by others, this might be as good as we get for awhile as a moment when we can pause to take a broad scan of the full extent of our damages to date. However, as you'll see below, we'...Read More
COLORADO SPRINGS, March 21, 2019 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced ongoing Mirador Mine development crosscut six (6) meters of the Independencia vein which assayed 992 grams per tonne (g/t) silver. Mineral from this new area is now being processed at the Company's milling facility. Earlier drill results from this area inc...Read More
T-Mobile shared a profit beat and a surge in subscribers The shares of T-Mobile Us Inc (NASDAQ:TMUS) are up 6.3% to trade at$92 this morning, after the wireless provider reported first-quarter earnings of $1.10 per share, beating out Wall Street's estimates. Conversely, its $11.1 billion in revenue fell short of analyst's expectations. The firm added that its monthly bill paying subscriber count...Read More
Whilst it must be frustrating for Precious Metals sector investors to watch Tech stocks continuing to "shoot the moon" while PM stocks have mostly done nothing, the chart presented below suggests that this situation won't persist for much longer.The 7-month chart for GDX shows it probably completing the Handle of a sizeable Cup & Handle continuation pattern. GDX has stayed above the support leve...Read More
Turkish rebar and wire rod prices have increased over the past week in line with the latest uptick in the cost of imported scrap, sources told Fastmarkets on Thursday March 14.Demand for rebar was still sluggish in the country's export markets, however, although the wire rod market was comparatively better due to demand from the machinery industry.Turkish steel producers were trying to keep their...Read More
Unites States steelmaker Cleveland-Cliffs plans to increase its share of the US domestic prime scrap market amid increasing demand and the failure of the country's own manufacturing supply to keep up, the company's chairman, president and chief executive officer said.Lourenco Goncalves told a conference call for the Cleveland, Ohio-based company's third quarter earnings that the company didn't hav...Read More
Bob Moriarty ArchivesMay 10, 2019The whole issue of electric vehicles (EV) vs. conventionally powered either gasoline or diesel vehicles are going to determine demand for a number of commodities. That would include palladium needed for gasoline-powered cars, platinum preferred for diesel autos, both copper and cobalt for EVs. Regardless of what you read, no one knows what consumer preferences will...Read More
In this video we look at crypto's rise from only a marginal percentage of the gold markets in the late 2010s to a sizable one ...Read More
The current situation of gold and itsbehavior in 2013 share many bearish analogies. Is the yellow metal only halfwaythrough its massive collapse?ADecade Ago After we posted last week’s goldprice forecast, gold, silver, and mining stocks declined in tunewith the analysis. Is the rally over?Let’s start by taking a closer look atgold. Gold declined after touching itsdeclining, medium-term...Read More
Chinese steel mills are ignoring low bids from overseas buyers on expectations of continued strength in China's domestic market over the remainder of April, sources told Fastmarkets MB this week.Expectations of a supply drop have also improved sentiment in the spot market.Steel prices in China have been on an upward climb since the end of the Lunar New Year. Domestic hot-rolled coil prices in east...Read More
I Will Go ALL IN On Crypto Summer! | Raoul Pal Macro Economic Investor and Real Vision founder Raoul Pal has come up with ...Read More
The US dollar banking system is in themidst of a bank run by the measures that I will illustrate here.Since the 1879 gold standard wasestablished in America, the US dollar could be directly redeemed for goldwithin the banking system. This continued even after the Federal Reserve wascreated and until it was ended for citizens in 1933.In such a system, the measure of actualgold held by the banking s...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday October 6.Key driversEuropean ferro-titanium and titanium scrap markets extended their steady trend for a fifth consecutive week, with suppliers holding offer prices against expected renewed demand from steel mills.Deals were reported within current price ranges, but the bulk of expected renewed quarterly demand from steel mills for...Read More
By: Ira EpsteinWill gold churn around $1,530? Gold could not breakout higher past the upper Bollinger band and the breakdown has done nothing to the chart, does not start a new trend, yet:Read More
Import prices for steel slab in Southeast Asia and East Asia moved up again over the past week amid higher offers and limited availability, although no transactions were heard due to the large bid-offer spread.Fastmarkets' weekly import price assessment for slab imports to Southeast Asia and East Asia was $460-480 per tonne cfr on Monday February 25, widening upward by $10 per tonne from $460-470...Read More
Geophysical Survey Systems Inc. (GSSI), headquartered in New Hampshire, has hired Adam Mercer as application specialist responsible for British Columbia, Alberta and Saskatchewan. He holds a MSc in geophysics, and comes to GSSI from a major global drilling company. Jan Kesik will continue to serve eastern Canada.The new president and CEO at Gatling Exploration of Vancouver is Nav Dhaliwal Dale Gin...Read More
"The Oil Price Vs. Bond Market Signals: Oil Prices Could Rise With Stronger Yields. Get more info on Seeking Alpha: https://t.co/rzALEtZXOe #markets #economy #trading"Read full newsRead More
Ottawa's big bets on big business are stifling innovation in the financial system. Fortunately, there are small and mid-sized Canadian companies pushing ahead to deliver competition and change.(photo: Lian Hao)Investors should have the opportunity to profit along the way. This week in Insights we highlight a breakthrough that is poised to shake up the status quo.Click here to read this week's publ...Read More
Base metals prices on the London Metal Exchange continued their uptrend at the close of trading on Friday January 4, buoyed by strong gains in the US stock indices while depleting LME stocks keep prices elevated. Copper's three-month price was the best performer over the afternoon, gaining more than 3% and reaching an intraday high of $5,933 per tonne. The metal's three-month price has been t...Read More
Jan 27, 2020 (GoldStocks.com via COMTEX) -- Over the course of 2019, the rally in gold stocks was one of the most remarkable events. It saw the price of the...Read full newsRead More