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
Chrome ore and ferro-chrome markets were subdued in China in the week ended Friday November 23 ahead of December ferro-chrome tender announcements. UG2 prices hold in ChinaCharge chrome import prices hold in China, domestic alloy prices edge lowerAlloy prices hold in Japan, weaken in South KoreaAlloy prices continue lower in Europe Chrome ore and ferro-chrome prices were largely stable in China o...Read More
The ASX 200 closed down by about 0.83 per cent and crossed below its 50-day moving average. IT was the only sector to stay ...Read More
Income-producing energy stocks outperformed during the week's violent commodity selloff. Click to read what caused this strong performance.Read full newsRead More
Minerals Council South Africa facilitated the inclusion of junior-specific provisions in Mining Charter III, gazetted in September last year, says Minerals Council Junior and Emerging Miners’ Desk head Grant Mitchell.He notes that the provisions will assist the stability and growth of the junior and emerging mining space, which has lagged behind that of Australia and Canada.AdvertisementMitc...Read More
The Brazilian branch of Toyota Motor Corp has decided to postpone the restart of its operations due to the Covid-19 pandemic, following other automakers either considering or already enforcing longer idle periods in the country.Production was expected to resume at Toyota's four plants in the southeastern state of S??o Paulo on Monday April 6. After further gauging demand and availability...Read More
Endeavor's latest announcement reveals why so many investors are hesitant to place their money in mining companies. Delayed ...Read More
While some Type 300 stainless steel scrap prices in the United States rose slightly week on week due to an uptick in London Metal Exchange nickel prices and the continued shortage of material in the supply chain, sources were cautious about referring to the increase as a recovery while the Covid-19 pandemic continues."Supply is still the fundamental factor supporting stainless prices. Scrap flow h...Read More
Follow me on Twitter https://twitter.com/ClassicValueInv Follow me on TikTok https://www.tiktok.com/@mariuszskonieczny ...Read More
Precious metals investors don't have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists for six or so months, sometimes it ends before the snows do. But either way it's more fun than the rest of the year. This pattern repeats because Asians like to give gold and si...Read More
By Avi GilburtI have been getting such a chuckle from the market of late.As the market made its way down to our 2600 target region towards the end of October, more and more market participants and analysts became more and more bearish. In fact, the bearishness was palpable as we approached 2600SPX.However, our analysis suggested that the market should bottom in the 2600SPX region, and begin a co...Read More
By John MauldinUnderstated ProblemEndless GuaranteesComorbid CrisesHouston, Puerto Rico, Cleveland, and Boca RatonThe selloff in GE is not an isolated event. More investment grade credits to follow. The slide and collapse in investment grade debt has begun... (and later) Don't be fooled by bond prices holding up, because trading volumes are down. There are fewer bids in the market, and the dispe...Read More
By Steve St. AngeloWhile the debate on the dynamics of the gold market continues, at least the top gold miners production cost provides us with a floor price. Or rather, a basic minimum price level. I get a good laugh when I read analysts suggesting that the gold price will fall back to $450-$700. For the gold price to fall back to $450, then we would need to lose 95+% of global gold mine...Read More
By David MorganOil is the lifeblood of the industrialized nations and it has become the world's most important source of energy. Its products underpin modern society, mainly supplying energy to power industry, heat homes and provide fuel for vehicles and airplanes to carry goods and people all over the world.Learn more and become an insider for The Morgan Report, click link below...http://www.th...Read More
Friday's holiday-shortened session provided ample time for bulls to get their butts kicked. It's unusual to see stocks get whacked the day after Thanksgiving, but perhaps such occurrences will become the norm as this bear market unfolds. If it proves to be as extraordinary as the bull market that preceded it, we shouldn't be surprised to see bad days that are uglier than even old-timers can reme...Read More
One of the strangest things about this strangest-ever expansion has been the way pretty much everything went up. Stocks, bonds, real estate, art, oil - some of which have historically negative correlations with others all rose more-or-less in lock-step. And within asset classes, the big names behaved the same way, rising regardless of their relative valuation.This seemingly indiscriminate buyi...Read More
Prices for steel billet dropped in most global regions last week, due to a return of Chinese producers to the export market and uncertainty in the scrap markets.The scrap market in Turkey declined, with increased fears of a change in the raw material's price trend.Fastmarkets' daily price index for HMS 1&2 (80:20) of Northern Europe origin reached $320.33 per tonne cfr Turkey on Friday November 23...Read More
Max interviews Dan Collins of TheChinaMoneyReport.com about 'grey rhinos' in the economy, the disastrous APEC meeting in Papua New Guinea and the 50 million empty homes in China.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington...Read More
The Federal Reserve isn't "federal" and it has no "reserves." Is it a public institution? No...Is it private? No again...Is it Constitutional? Absolutely not!...Who owns The Fed, and does it even matter?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A...Read More
Steve Barton of @inittowinit928 shares his next price targets for hot sectors like gold, silver and uranium, also highlighting ...Read More