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
The CIS steel export billet market continued to weaken on the first trading day in September, amid a pessimistic mood in the global scrap market and limited demand in the major sales outlets.Given these conditions, a fresh booking was heard on Monday September 2 only after a significant price discount was provided by the selling mill.A 30,000-tonne cargo of Russia-origin material...Read More
Martin Turenne is the President and CEO of FPX Nickel Corp. (FPX.V), a Vancouver-based junior nickel mining company ...Read More
The Comex copper price continued to move higher on Friday January 18 ahead of the US public holiday amid a short-covering rally. There is a public holiday in the United States for Martin Luther King Jr day on Monday. The copper price for March settlement on the Comex division of the New York Mercantile Exchange gained 1.60 cents to $2.6960 per lb on Friday. "A short-covering rally in LME copper se...Read More
Tesla isn't the only name on Ross Gerber's radar. Ross Gerber from @Gerberkawasaki has made headlines recently for calling ...Read More
Technical analyst Clive Maund charts silver and predicts a small drop in the price of the metal. If gold is looking set to react back over the short to medium term, which it does, then it implies that silver, which is weaker at this stage in the cycle, is set to react back too.On silver's latest 6-month chart we can see that the fairly tight pattern that has developed over the past several weeks,...Read More
"Thanks to the leadership of this commander in chief and the courage and sacrifice of our armed forces, we're now actually able to begin to hand off the fight against ISIS in Syria Continue...Read More
The European high carbon ferro-chrome markets were largely stable in week to Tuesday November 3 despite concerns about Covid-19 inspiring caution among consumers, sources said.Fastmarkets' ferro-chrome high carbon 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe assessment was stable at $0.88-1.03 per lb Cr for a second consecutive week on Tuesday November 3.Likewise, Fastmarkets' assessme...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The collapse of the iron ore market and market turbulence over Chinese property developer Evergrande Group are adding to the economic woes caused by the Delta variant of Covid-19 for much of this year.It is hard to find bright sparks in the months ahead for the ferrous supply chain, which has been buffeted repeatedly in a short span of few months, starting with Chinese Premier Li Keqiang's comment...Read More
Here are five Fastmarkets stories you might have missed on Monday March 23 that are worth another look.ArcelorMittal is idling two blast furnaces, in Indiana and Canada, due to the spread of the novel coronavirus (2019-nCoV) and its impact on end markets.South Africa will enter a 21-day nationwide lockdown from midnight on Thursday March 26 and ordered the country's metals and mining operations to...Read More
Two asset types have shot up since the instigation of the explosive situation in the Middle East last week: oil and gold. There’s a logic behind these movements, however.Momentum investors are betting that oil prices will rocket in the event that the tension in Iraq boils over, with the possibility of a bottleneck at the Strait of Hormuz. Gold, on the other hand, is a classic defensive play...Read More
Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.Manganese ore prices have started 2019 by continuing a slide that began in December, weighed down by weak downstream demand in China, where market participants are reluctant to buy because of fea...Read More
Imugene Ltd (ASX:IMU) (OTCMKTS:IUGNF) CEO Leslie Chong talks Proactive through a clinical trial update of its Phase 1 MAST ...Read More
London's FTSE 100 gained ground on Wednesday morning, buoyed by oil stocks following escalations in the Middle East ...Read More
U.S equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:35 AM EDT.S&P 500 futures slipped 4 points following release of economic news at 8:30 AM EDT. Core May PCE Price Index was expected to increase 0.1% versus a gain of 0.2% in April. Actual was unchanged. On a year-over-year basis, Core May PCE Price Index was expected to drop to 2.6% from 2.8% in April...Read More
The 6ix Report is your go-to source for timely market news in the mining and resource sector. Our goal is to bring you expert ...Read More
As House Speaker Nancy Pelosi prepares impeachment action against President Donald Trump, Gerald Celente, publisher of the Trends Journal, is calling the whole affair a "waste of time" with no greater impact on the economy and the average American's livelihood."It could possibly happen but it won't mean anything, because if they impeach Trump then it has to go to the Senate for conviction, and it...Read More
ValueTrend portfolio manager Keith Richards says the leading sectors within the TSX 300 index do not support a lasting bull market at this time.The trouble with the TSX index is that it is a concentrated index. In truth, that's because the Canadian market is a concentrated market economy. For instance, the TSX 300 index holds:?- 32 per cent weighting in financial stocks and?- 16 per cent in ener...Read More
With no let-up in the number of coronavirus (2019-nCov) infections in China, the market is this morning, Friday February 14, waiting for signs that the virus is being contained. In the meantime, it seems as though equities are riding high on the back of China monetary stimulus measures, while the metals markets are more aware that the disruption to production and demand will have a mixed impact co...Read More
China's annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country's steel output, according to the China Association of Metal Scrap Utilization (Camu)."China continues to maintain its course of expanding the usage of ferrous scrap in steelmaking, as part of its aim to reduce pollution. Using ferrous scrap can reduce 1.6 tonnes of carbon emissions for...Read More