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: Ira Epstein$1,301.60 swing point key to current uptrend:Read More
ASIAN METALS MARKET UPDATEI am not concerned over the rise in gold prices. I was bullish on gold, I am bullish on gold and I will remain bullish on gold. There will be corrections in gold prices. It will not be a one way traffic. What will be the floor price/bottom price if gold prices fall? To me a correction of $100-$125 are a part and parcel of the bull rally in gold. Right now gold should no...Read More
(IDEX Online) - Petra Diamonds says it expects production to fall this year, as it closes the loss-making Koffiefontein mine, in South Africa, and works towards re-opening the Williamson mine, in Tanzania, after the breach of a tailings dam.The UK-based miner is forecasting a total output of 2.75Mcts to 2.85Mcts for 2023, down from 3.35Mcts in 2022.But it forecasts an increase in 2024 to 3.00cts t...Read More
Nov 4 (Reuters) - The S&P 500 and the Nasdaq hit record highs on Thursday on stellar earnings reports, with investors looking past the Federal Reserve's asset tapering plan as borrowing costs remain low.The Dow slipped from an all-time closing high hit on Wednesday, dragged down by big banks JPMorgan Chase & Co (JPM.N) and Goldman Sachs Group (GS.N) which slipped 1.7% and 2.6% despite steepeni...Read More
Silvercrest Metals (TSXV: SIL) expects to update the resource estimate and complete a preliminary economic assessment in the first quarter of the year on its Las Chispas silver project in Mexico.A resource estimate in September 2018 focused on an estimated 5.5 km of about 20 km of cumulative vein strike length in the district, about 180 km northeast of Hermosillo in the state of Sonora.Las Chispas...Read More
This is an interview with writer & investor Jim Rogers. Although Mr. Rogers is bullish on uranium and owns a uranium mining stock ...Read More
Jannas joined Atex in July 2020, having previously brought Valeriano to Hochschild Mining when he was their VP exploration.Read More
Alrosa, the world's largest national diamond miner, and the Federal Agency for Nationality Affairs (FADN of Russia) signed an agreement on cooperation in the field of preserving the traditional lifestyle of the indigenous minorities of the Russian North, Siberia and the Far East. The agreement was signed by Igor Barinov, head of the FADN of Russia, and Sergey Ivanov, CEO of Alrosa. The main s...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.A couple of months into the global Covid-19 pandemic, the sell-off in steel markets appears to be abating.In parts of Asia, where the outbreak first occurred, steel prices - including those for coated steels - have rebounded since late April. The same is true of the US market as well. As we detail in our Americas analysis thi...Read More
An overview of the noble alloys markets and their latest price moves.Read More
Shopify #Earnings #TechStocks #Q3Results #Investing Shopify delivered an electrifying Q3 earnings report, sending its stock ...Read More
Jim Rickards discusses who will win the US election and what impact it can have on stock markets. Jim believes that the election is 'closer than you think' and explains why the polls could be wrong like they were in 2016. Jim predicts that Trump is likely to win the US presidential election this time around too. Jim Rickards is a lawyer, investment banker and economist with over thirty years' expe...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
Tom Woolrych joins Junior Mining Talks for a case study on a gold stock that has done a 20X over the last +/- 2 years.Read More
The Fed announced Wednesday plans to begin tapering its asset purchase program later in November, with a $10 trillion reduction in Treasurys and $5 billion reduction of mortgage-backed securities.Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the impact this decision will have on the gold price. "It is our national debt that has grown substantially. I...Read More
Cobalt market participants have been keeping an eye out for potential non-industrial buying, such as stockpiling from China's State Reserve Bureau (SRB), since global metal prices slid to two-year lows at the beginning of this year.A spotlight has been cast on the Chinese bureau ever since it carried out extensive research into major Chinese producers' products and output in the first quarter of t...Read More
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as "the dumbest experiment in human history."Not everyone will agree with his assessment of the petroleum, gas and coal sectors, which have powered the world's growth for decades. Nonetheless, the twin goals of supply chain security and sustainability are now driving a t...Read More
By: Avi GilburtLast weekend, the important point of note was that silver had basically run out of room. It had a series of 1's and 2's set up for it to "melt up," but it had to do so rather soon. Well, this past week, I would say that silver finally followed through and it took it directly to the level at which I noted on the chart was our next major resistance level. In fact, we were almost...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower, while the Nasdaq gained after U.S. Trade Representative Robert Lighthizer told the House Ways and Means committee that "much remains to be done" before a trade deal is reached with China.Lowe's (LOW) posted stronger-than-expected fourth-quarter earnings but noted weakness in Canada's housing...Read More