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
Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even went as far as to say that "its precious metals trading desk was a criminal enterprise operating inside the bank".Of course for those who have been following Ted Butler's research in recent years, the news hardly comes as a surprise. Although it does certainly add a new volatile el...Read More
I mean what I say that the central banks are TRAPPED!!!!! People have NO IDEA what we face. The system is unraveling but not even those in government have understood how it Continue...Read More
Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the universi...Read More
"Deutsche Bank has comprehensively examined the facts of the matter and has voluntarily provided the requested documents as far as possible," the bank said in a statement.Continue...Read More
"Wow. Impeachment over this?" Sen. Lindsey O. Graham (R-S.C.) said Wednesday. "What a nothing (non-quid pro quo) burger."Continue...Read More
House Speaker Nancy Pelosi (D-CA) said that "the release of the notes of the call by the White House confirms that the President engaged in behavior that undermines the integrity Continue...Read More
Gold began selling off mightily after Trump released the transcript of his conversation with the Ukrainian politician. Continue...Read More
Two Venezuelans have been charged with smuggling $5 million worth of gold bars inside the nose of an airplaneContinue...Read More
Iranian export prices for steel billet and slab have been mostly stable in the week to Wednesday September 25, with some deals heard for billet, sources told Fastmarkets on Wednesday.Iranian producers were offering billet at $350-360 per tonne fob, and deals totalling 200,000 tonnes were heard to China at $385-395 per tonne cfr. This price would be equivalent to $345-355 per tonne fob.A further...Read More
Eastern China's rebar prices retreated on Wednesday September 25, which went on to stimulate trading activity. Domestic Eastern China (Shanghai): 3,680-3,700 yuan ($517-520) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, unchangedSellers in eastern China lowered their prices after two days of increases, which led some end users in the region to raise thei...Read More
The mineralization there represents ounces that could be added to the existing resources. OceanaGold Corp. (OGC:TSX; OGC:ASX) announced in a news release that additional drilling at the Martha underground project at the Waihi gold mine in New Zealand significantly expanded the size of the exploration target, which represents mineralization that could be added to the existing resources. As such, t...Read More
The change went into effect today. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC; GTBDF:OTCQX) upgraded its listing to the OTCQX Best Market from the OTCQB Venture Market and began trading there today under the symbol GTBDF, it was announced in a news release."Great Bear Resources joins more than 26 companies that have utilized the OTCQB Venture Market to build their company's visibility and gr...Read More
Bob Moriarty of 321 Gold explains why he's a fan of this company's exploration efforts. Source: Blackrock GoldI finished my latest book in January. It took another month to get the layout and a cover made just right for it. Since that time about ten thousand people have bought the book or downloaded the Kindle version for free. It is one of the highest rated books I have ever seen on Amazon and I...Read More
In a report, iA Securities explains the deal and makes a recommendation to the shareholders of the seller. In a Sept. 23 research note, iA Securities analyst George Topping reported that Barkerville Gold Mines Ltd. (BGM:TSX.V) agreed to sell to Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) the remaining Barkerville shares Osisko does not already own, for CA$338 million, or CA$0.58 per share fully...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday September 25.Key driversThe ferro-titanium market dropped in price in the past week, losing $10 on the top end of the range amid slow trading. Consumers have been slow to return to the market since the seasonal summer lull, both for prompt and quarterly deliveries of ferro-titanium. Around 70 tonnes of ferro-titanium was reported so...Read More
Ahead of the annual North American Ferro-alloys conference in Chicago on September 25-27, Fastmarkets looks at some of the key factors likely to dominate vanadium contract negotiations over the coming weeks. See also: NA FERRO-ALLOYS CONF: Likely key talking points at industry gathering in ChicagoRead More
While the ferro-alloys industry prepares to gather in Chicago for the annual North American Ferro-alloys conference on September 25-27, Fastmarkets outlines some of the key topics likely to dominate discussions this year. Where is the floor for ferro-vanadium prices? Ferro-vanadium prices in Chinese and European markets both hit all-time highs last year, partly because of an anticipated increase i...Read More
President Trump said a China trade deal could come soonThe Dow bounced back in a big way today, shaking off political drama thanks to U.S.-China trade optimism. Investors are weighing comments from President Donald Trump that a trade deal with China could come soon, while also eyeing the impeachment inquiry put forward by House Speaker Nancy Pelosi. The White House released the rough transcript o...Read More
Prices for hollow steel sections in the European domestic market moved down this week with market sentiment turning negative, sources told Fastmarkets on Wednesday September 25.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?585-600 ($644-660) per tonne on Wednesday, narrowing downward from ?,?585-610 per tonne one week before.There was...Read More
NKE stock is set to open at a new record highFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, thanks to a positive earnings reaction for Nike (NKE). The Dow stock is up 5.4% in electronic trading -- set to open at a record high -- after the athletic apparel retailer's strong fiscal first-quarter earnings report was met with an onslaught of price-target hikes. However...Read More