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
A look at what last month's historically heightened VIX can tell us about stocks The stock market recently experienced the fastest market crash on record, so it's not a complete surprise that the CBOE Volatility Index (VIX) recently closed at its most extreme level. The March 16 VIX close of 82.69 barely topped the peak reached during the financial crisis in 2008. During the 1998 stock market drop...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
"I think we are going to see an increase in the conversation about the decoupling and more conversations about 'Are we going into another Cold War between these two economies?'"Continue...Read More
Silvercorp Metals (TSX: SVM; NYSE: SVM) has decided not to match a third-party superior bid for Guyana Goldfields (TSX: GUY), and said that if the takeover target terminates an agreement they signed in April, it would have to pay the company $9 million (US$6.7 million).The Vancouver-headquartered miner, which produces silver, lead and zinc from mines in China, originally offered $105 million (abou...Read More
Share this article TORONTO - Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] said that with its North Mara and Bulyanhulu gold mines set to achieve combined production in excess of 500,000 ounces for the second year running, the company is looking to expand its East African footprint from this base.Barrick inherited North Mara and Bulyanhulu mines in Tanzania via its acquisition of a 36% stake in Acacia...Read More
Volcanic Gold Mines Inc. (TSXV:VG, FWB:CKC1) has launched its campaign on the Investing News Network.Read full newsRead More
U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:30 AM EDT.Federal Reserve Chairman Powell is scheduled to speak at 10:00 AM EDT at the Jackson Hole Symposium.Ross Stores added $2.98 to $148.60 after reporting higher than consensus second quarter results. The company also offered positive guidance. Seasonal influences are favourable until January 10th....Read More
China's relentless "suggestions" to industry that it wants to see stable commodity prices appear to have suppressed speculative behavior and are beginning to cool bullish market conditions, sources told Fastmarkets on Thursday May 27.Rising commodity prices were highlighted for the third time in 14 days, on Wednesday May 26, during the the weekly executive meeting of China's State Council, le...Read More
Comex copper prices softened during morning trading in the United States amid persistent worries over an upcoming recession or an escalation in the ongoing trade war between America and China.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped 3.15 to $2.6685 per lb."Metals markets are more fixated on recession jitters and continued...Read More
Six foreign-controlled miners operating in Indonesia, including PT Vale Indonesia and a unit of Australia's Newcrest Mining, intend to divest some of their shares "in the near future" to meet regulations, an Indonesian official said.According to Indonesian mining rules, foreign-controlled miners are required to gradually start reducing ownership after five years of production. Within 10 years, for...Read More
London stocks had pared gains by midday on Monday as investors mulled the latest policy move by the People's Bank of China ...Read More
Fastmarkets is proposing changes to a portion of the specifications of its fob Australia and cfr China hard coking coal indices to align with those for materials typically sold in this segment of the seaborne spot market.The proposed revisions are as follows: Coke strength after reaction (CSR): Base 62%; Minimum 57%Volatile matter: Base 21.5%; Range 18.5-27%Ash: Base 8%; Maximum 11%Sulfur: Base 0....Read More
Crude steel production in Argentina dropped by 21.60% year-on-year in November 2019, according to recent figures from the country's steel association, Acero Argentino.Output came to 357,500 tonnes in November, against 456,000 tonnes a year earlier, the association said late last week.The performance of the main steel-consuming sectors in Argentina remained weak during the month, with the country.....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
As the great stock market bear market unfolds, Clive says silver is going to continue to perform well. Here's why...by Clive Maund via Streetwise ReportsThe last update was wrong. Silver was expected to drop with the stock market, but instead it held its ground and then broke higher last week. The reasons for this misinterpretation, both for gold and silver, are set out in the latest Gold Market...Read More
We have decided to provide an update on all of the primary players among cannabis REITs: IIPR, NLCP, AFCG, and REFI. Click to see our review of these stocks.Read full newsRead More
WBA stock is set for a sixth straight lossShares of Walgreens Boots Alliance Inc (NASDAQ: WBA) are down 3.3% to trade at $70.60 this morning, despite reporting quarterly adjusted earningsthat beat analysts' expectations. Traders are apparently reacting to a steeper-than-expected drop in same-store sales, and the pharmacy giant announced plans to cut more than $1 billion in costs over the next thre...Read More
An overview of the noble alloys markets and their latest price moves.Read More
International Man, Released on 3/1/23AI and robotics, like all technologies over the long run, will be friends of the average man.Continue... Doug Casey on How Artificial Intelligence Will Radically Transform the World added by Herman James on 03/02/2023View all posts by Herman James ?+'Read More