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
Meanderings Magazine - twomeander.com/meanderingsPacific Northwest camping - is it really worth it? In this video we share four specific challenges that we found while camping in the Pacific Northwest this summer.We hope that you enjoy this video about our Pacific Northwest camping challenges!*SHOW NOTES AND RESOURCES**PRODUCT LINKS*- Our Camera Gear - https://kit.com/robertwitham/camera-gear- All...Read More
Sep 17, 2019 Guest(s): Adrian Day A slight pullback in gold should not deter investors from the fact that the yellow metal is still in a bull market, especially after sentiment has shifted in its favor recently, said Adrian Day, CEO of Adrian Day Asset Management. "I think the most important thing that has happened in the last six months is there's a change in sentiment. When you have a change...Read More
I brought my Jeep to a stop in front of the steps of the Capitol Building...The Congressman waved to me from those stairs he had descended countless times over his three decades in the House of Representatives. He smiled broadly as he climbed into my passenger seat."Hello Jimmy, thanks so much for the lift," he said.The congressman I was picking up was former California Representative Dana Rohraba...Read More
Sep 17, 2019 Guest(s): Keith Neumeyer CEO, First Majestic Silver faces serious supply constraints, and although most people may not realize, it is a very rare metal that should be trading in the triple digits in price, this according to Keith Neumeyer, CEO of First Majestic Silver. "We're mining eight to one, so for every one ounce of gold that's being mined worldwide, we're only mining eight ou...Read More
Sep 17, 2019 Guest(s): Randy Smallwood With the mega mergers creating two of the world's largest miners, there may still be an opportunity for mid-tier miners to find quality assets of their own, said Randy Smallwood, CEO of Wheaton Precious Metals. "There's still, within the mid-tiers and the single-asset companies there's still a lot of good opportunities, and certain markets have more streng...Read More
A summary of base metals premiums from across the globe for the week to Tuesday September 17.Read More
Fastmarkets incorrectly published weekly assessments for its Southeast Asian zinc premium over the past two months when the price should have been published every two weeks.Following a market consultation, Fastmarkets reduced the frequency of publication of a number of base metals price assessments in July in response to low transaction liquidity and a lack of price volatility.As a resul...Read More
The three-month copper price on the London Metal Exchange fell by 0.5% at the close of trading on Tuesday September 17 but held above nearby support levels, while aluminium futures were the only positive mover in a predominantly weaker base metals complex. Copper traded volumes were relatively low over the day at 14,000 lots by the close. Although the red metal's closing price was lower than Monda...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday September 17 that are worth another look.Fastmarkets looks at the key takeaways from the seventh Fastmarkets Asian Nickel conference in Jakarta, Indonesia, on September 11-12, from who will fill the Asian supply gap from 2020 to emerging demand for nickel from the electric vehicle battery sector.Import prices for steel slab in S...Read More
Fastmarkets looks at the key takeaways from the seventh Fastmarkets Asian Nickel conference in Jakarta, Indonesia, on September 11-12, from who will fill the Asian supply gap from 2020 to emerging demand for nickel from the electric vehicle battery sector. Indonesian nickel ore export ban will create Chinese nickel ore shortfall China is heavily reliant on nickel ore imports from Indonesia and Phi...Read More
The company appointed Mark Haywood as president and CEO in August, saying he had more than 25 years' industry experience including working for AngloGold Ashanti and had been a consulting miningRead More
Sirius' shares fell to 4.4p by midday Tuesday, down from 10p on Monday.Sirius needed to raise US$500 million via a bond sale to secure a $2.5 billion loan facility from JP Morgan, which would have funded development of the project.The company said on August 6 it had postponed the proposed note issuance due to market conditions. Today's announcement shows appetite for the bonds has not improved."Th...Read More
Low-grade manganese ore cif prices fell over the past week, with some buyers holding back from purchasing in the hope of lower prices. 37% cif China prices fall in response to low demand High-grade ore price stable Alloys in India fall again, sparking output cuts Weak market dampens European alloy prices Alloy prices stable in the United StatesThe low-grade seaborne manganese ore price in China co...Read More
"We believe the RGMPs entail an important step in the right direction to support sustainable mining operations around the world," said AngloGold Ashanti CEO Kelvin Dushnisky.Read More
* Graphic: World FX rates in 2019* Graphic: Trade-weighted sterling since Brexit vote (Recasts, adds latest prices)By Sujata RaoLONDON, Sept 17 (Reuters) - Sterling headed towards six-weekhighs against the dollar on Tuesday as investors continued tocut their short positions, even as Prime Minister Boris Johnsonstuck to his pledge to take Britain out of the European Union byOct. 31.Analysts said in...Read More
Way back in January, I showed you that the price of gold had beaten the S&P 500 Index over a number of different time periods, including the month, quarter, year... and even the century (so far!).Last week it was brought to my attention recently in a tweet by Charlie Bilello, director of research at Pension Partners that the yellow metal has also outperformed arguably the greatest living investo...Read More
By: Ira EpsteinGold should have risen $30-40 off the Saudi attack news. Daily gold chart is not looking so bullish..Read More
Inability of gold and silver to rise yesterday, in my view was just profit taking and nothing else. Most of the traders were long or are long before the FOMC tomorrow. So basically zero effect on intraday price move. However gold and silver have risen in all currencies except the US dollar. Gold prices rose in Indian rupees and other Asian currencies. Another reason to short the US dollar Index...Read More
Ferrous scrap prices in Mexico were stable in Monterrey but started falling in Baj?-o where downward momentum in the United States scrap market has begun to have an impact.In Mexico's central Baj?-o region, Fastmarkets' weekly assessment of steel scrap No1 busheling, consumer buying price, delivered mill Baj?-o, fell to $4,750 pesos per tonne on Tuesday September 17, from 4,900 pesos per tonn...Read More
Turkish steel mills continued to stay away from the deep-sea scrap market on the second working day of the week amid limited demand for finished long steel, sources told Fastmarkets on Tuesday September 17.The latest transaction was a cargo from the United States at the end of last week, which was sold at $240 per tonne cfr for HMS 1&2 (80:20), $245 per tonne for shredded and $250 per to...Read More