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
Most copper scrap discounts in the United States increased as the Comex copper price continued to strengthen week on week. Fastmarkets assessed the copper scrap No1 copper (also known as brass mills' bare bright), discount, buying price, delivered to brass mill US, at 12-14 cents per lb on Wednesday December 18, increasing from 11-13 cents per lb the week before.Also registering 1-cent gains were...Read More
Daily Reckoning (via Dollar Collapse), Released on 6/6/22The real headwind for gold and the main reason gold has struggled for the past two years is the strong dollar.Continue... Rickards: The Real Reason Why Gold Has Stumbled added by Herman James on 06/08/2022View all posts by Herman James ?+'Read More
Adam HamiltonArchivesMar 15, 2019 The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That m...Read More
Metals Ratios Continue to Indicate InflationAnd that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…The yield curve bottomed and turned up in Augu...Read More
Disappointing Chinese economic data has weighed on the three-month base metals prices on the London Metal Exchange this morning, Friday December 14, with all the metals in negative territory and showing average losses of 0.4%.The three-month zinc price led the way with a drop of 1%, copper was off by 0.5% at $6,121 per tonne, while the rest were off by between 0.1% and 0.3%.Volume across the compl...Read More
Intermin's share price was 8.33 percent higher at the end of trading on Monday, closing on the ASX at AU$0.13.Read full newsRead More
Bob Moriarty of 321gold profiles one of the few pure-play silver companies. When the precious metals bull begins to roar, silver roars along with it. In general, when the metals go down silver goes down more and faster than gold. When precious metals climb, silver climbs faster and goes higher. So if you believe that we are in a metals bull market you may well want to own a good silver stock. Tha...Read More
Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr....Read More
Turkish pipe export prices continued to weaken over the past week largely due to trade barriers and limited demand, sources told Fastmarkets on Wednesday December 12.Steel pipe producers in Turkey reduced their offer prices for 2mm wall thickness EN10219-standard, grade-S235 tube to $590-600 per tonne fob, down from last month's $610-620 per tonne.Fastmarkets' monthly export...Read More
Share this article TORONTO - Belo Sun Mining Corp. [BSX-TSX] shares jumped 57% on Wednesday after the company said the Supreme Court of Para State in Brazil has overturned a previous decision to suspend the construction and environmental licenses at its flagship Volta Grande gold project in Brazil.The previous decision was that the construction and environmental licenses would be suspended until...Read More
(IDEX Online) - Brilliant Earth, the US-based "ethical jeweler", saw a slight rise in its Q3 sales but a significant drop in net income as is battled ongoing "industry headwinds".Net sales were up 2.5 per cent year on year to $114.2m, but net income was down 65 per cent to $2m, the company said in its Third Quarter 2023 Results. Gross profit increased 9.7 per cent to $66.8m due to a 17 per cent in...Read More
In the last few years, both gold and TSX gold stocks have been on a major rally. The metal has gotten a lot of attention this year since the start of the coronavirus pandemic. However, the massive rally actually started back in 2019.The precious metal already had good momentum coming into 2020. And then on top of that, it’s been one of the industries that have seen a positive effect due...Read More
"Why did #Trump choose yesterday to reverse on consumer exposed products? This Seeking Alpha contributor has an opinion. Read more here and join the vigorous discussion already taking place! https://t.co/kWniVJBFol #news #economy #finance"Read full newsRead More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Wednesday after the company said it expected a decline in silver output in 2019.The company, which is the world's largest primary silver producer and Mexico's No.2 gold miner, posted record silver production, and strong gold output in 2018, despite it being a "challenging year" for the company.Delivering production fi...Read More
Many people have taken the "Red Pill" when it comes to silver price manipulation and that's a GOOD THING. The more you know how the Criminals Rig the Game the sooner we can END this FRAUD!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedi...Read More
AES stock could rally after testing support at its 80-day moving average, if past is precedent Despite a recent pullback, shares of AES Corp (NYSE:AES) are still up 35.5% year-to-date, and has outperformed the S&P 500 Index (SPX) by more than 25 percentage points in the past three months. Plus, the utility stock just met up with its 80-day moving average -- a sign that, if history is any indicator...Read More
BLV ETF provides exposure to long-duration treasury bonds and investment-grade corporate bonds. It pays a trailing 4% distribution yield. Read more about the ETF here.Read full newsRead More
My FREE Daily Silver Newsletter In 5-Mins: https://silvernutshell.beehiiv.com/subscribe Alasdair Macleod :"Many Don't ...Read More
Years ago, the idea that machines would replace humans on the trading floor seemed far-fetched and the suggestion that algorithms might replace humans entirely ridiculous.But both have happened in some shape or form, making the advent of blockchain - now being vaunted as the next game-changer in technology - a lot more realistic than naysayers might initially think.Dozens of trials and projec...Read More