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
"Commentators keep asking why the Fed can't raise rates if the economy is so strong? They still don't realize that the economy was never strong. They confuse a bubble for strength. Without 0% rates and QE the bubble can't survive. But a return to those policies kills the dollar" - Peter Schiff on TwitterI made that same argument about the Fed funds rate, the dollar and why the Fed has to keep "nud...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:US domestic prices for hot-rolled coil moved down in line with our expectations, averaging $461 per ton in July versus our forecast price of $460 per ton. Although domestic HRC prices slipped to less than $450 per ton in late July/early August, we maintain the view th...Read More
Maggie Lake is joined by Andy Constan, CEO of Damped Spring Advisors, to discuss his views on the global macro landscape, ...Read More
Hot-rolled coil prices in the United States rose on Monday January 13, with buyers accepting a greater amount of the combined five price increases domestic mills have announced since October.Fastmarkets' daily hot-rolled coil index, fob mill US was calculated at $30.75 per hundredweight ($615 per short ton) on Monday, up by 1.2% from $30.38 per cwt on Friday January 10. Sources reported lead times...Read More
Finland became the 31st member of NATO in a historic expansion of the military alliance in response to Russia's invasion of ...Read More
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More
"Buy when there's blood in the streets, even if the blood is your own."The story behind this famous quote, as it's often told, goes as follows.After the Battle of Waterloo, Baron Nathan Rothschild used advance information about the British coalition's victory in Belgium to profit greatly off United Kingdom gilts. U.K. gilts are the equivalent of U.S. Treasury bonds, and Rothschild, privy to the in...Read More
The "repricing" mentioned refers to the market adjusting its expectations for future interest rate changes based on signals from the ...Read More
A summary of German industrial group Thyssenkrupp's results for the second quarter of its current business year 2020-21, covering the period from January 1 to March 31, 2021.In brief Thyssenkrupp's second-quarter results continue to improve after a successful first quarter, with all segments contributing to better earnings. Thyssenkrupp's Steel Europe segment reported significantly improved sales,...Read More
Livent agreed to form QLP, a 50:50 joint venture with The Pallinghurst Group, in late 2020, which took a 50% ownership of the Nemaska lithium project development project in Quebec and Ontario, Canada,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
Manganese ore prices dropped as much as 6.5% on Friday January 11 because of weakening manganese alloy prices in China and escalating price risk fears.Fastmarkets' 37% manganese ore index, fob Port Elizabeth, dropped 35 cents to $5.07 per dry metric tonne unit (dmtu).Fastmarkets' 37% manganese ore index, cif Tianjin, also fell 35 cents, to $5.76 per dmtu."Prices are under pressure and market parti...Read More
Compelling supply and demand projections for copper in the years ahead makes the red metal one of the favourites of industry observers, who see flat-lining mine supply running into increased demand as the world continues to achieve greater electrification. Here's a look at eight active juniors with substantial copper assets in their property portfolios. AURYN RESOURCESWhile Vancouver-based junior...Read More
The copper market is on the brink of transformation, driven by increasing demand for copper-intensive technologies and the urgent need for sustainable practices across the metals and mining industry.Our interactive copper infographic offers a comprehensive overview of the future of the copper market, detailing the key trends and projections that will shape the industry through 2034.Fill out the fo...Read More
RAPAPORT... Mumbai's Bharat Diamond Bourse (BDB) is considering allowingsynthetic-diamond trading on the exchange premises, its president told RapaportNews this week. Some members have asked management to reconsider its 2015ban on selling lab-grown diamonds anywhere in the BDB's vast office complex,Anoop Mehta said. The bourse will consult with members after the Diwalivacation season, and cou...Read More
BEIJING/SHANGHAI (Reuters) - Tesla Inc (TSLA.O) is cutting the price of its Model X and Model S cars in China, the U.S. firm said on Thursday, in a shift in strategy that will see it take more of a hit from tariffs linked to a biting trade war between China and the United States.The electric carmaker, led by billionaire CEO Elon Musk, said it will cut prices of the two models by 12-26 percent to m...Read More
De manera espont??nea en el metro de la Ciudad de M?(C)xico, se realiz?? un homenaje en un karaoke instalado en la estaci??n Divisi??n del Norte.01 octubre de 2019 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com...Read More
Great Atlantic Resources (TSXV: GR) acquired, through an option agreement and by staking, the Glenelg vanadium property located in southwest New Brunswick, Canada.In a press release, Great Atlantic said that recent bedrock grab samples from the property from a layered intrusion returned significant levels of vanadium, specifically 0.33 & 0.42% V2O5.Located approximately 5 kilometres southeast of t...Read More