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
UMI RETURNS FROM VACATION WITH CARBONNATION WITH CRAZY STORYLINE ABOUT ELIGIO BISHOP PART 1Read More
Albert Lu explains life in Texas as an Asian American.Read More
SummaryGold stocks' setup leading into their October seasonal plunge is quite bearish this year. They recently enjoyed a major upleg, leaving them very overbought technically and laden with greedy enthusiasm.That makes a healthy rebalancing correction necessary. Gold stocks have avoided that so far, generally consolidating high. But very-weak seasonals will add to mounting downside pressure.Octobe...Read More
What I enjoy most is the forced rationalization. "It's not a new $75 billion every day. It's the same $75 billion every day."That was how the mainstream defended the Fed's actions this week to intervene in the overnight funding market. No matter the very simple fact that the Fed HAD to intervene. No matter that repo market dysfunction was the VERY THING that sent Lehman Brothers under and kicked...Read More
SummaryGold stocks' setup leading into their October seasonal plunge is quite bearish this year. They recently enjoyed a major upleg, leaving them very overbought technically and laden with greedy enthusiasm.That makes a healthy rebalancing correction necessary. Gold stocks have avoided that so far, generally consolidating high. But very-weak seasonals will add to mounting downside pressure.Octobe...Read More
The three-month zinc price on the London Metal Exchange was higher at the close of trading on Monday September 30, climbing up by some 2.5% amid moderately high turnover, while lead futures were similarly stronger over the afternoon. Zinc's outright price closed at $2,376 per tonne on Monday afternoon, its highest closing price since August 1, while volumes traded were at their highest since Septe...Read More
The benchmark alumina price in the Pacific region has fallen to a fresh two-year low and below $290 per tonne for the first time since May 25, 2017. Fastmarkets' daily alumina index, fob Australia fell to $289.13 per tonne on Monday September 30, from $290.40 per tonne on Friday September 27. The index is down 27% from the start of the 2019 and by 42% year on year from $500 per tonne on Septe...Read More
Treatment charges (TCs) for lead concentrates rose to three-year highs late in September when smelters in China trimmed output ahead of national holidays and a negative arbitrage ratio remained in place for imports, while zinc TCs have also narrowed.The loss on bringing refined lead into China - which traded around a range of 700-2,000 yuan ($98-281) per tonne over September - and a slump in deman...Read More
Bob Moriarty ArchivesSep 30, 2019In Eisenhower’s Farewell Address to the Nation on January 17, 1961 he invented the concept of what most people refer to as the MIC for theMilitary Industrial Complex.Actually one author of a book on the President claimed that he added Congressional but his staff recommended he remove the term in order to avoid offending Congress. It actually makes a lot more...Read More
Here are five Fastmarkets MB stories you might have missed on Monday September 30 that are worth another look.The European Commission has made a number of changes to its existing regime of safeguard measures concerning 26 steel product categories, it said on Thursday September 26. At the same time, the appointment of a European chief trade enforcement officer was welcomed by the steel and alu...Read More
Refining charges for imported blister copper went down in China in September because of unusually tight availability in the spot market, with only minimal volumes coming from Zambian producer Konkola Copper Mines (KCM) and local producers limiting their primary smelting activities due to record-low treatment charges for copper concentrates.The refining charges (RCs) for the intermediate product of...Read More
Manganese ore producers reduced their offer prices to attract business in the week ended Friday September 27 after buyers either delayed or cut their bids prior to China's week-long National Day holiday (October 1-7). Low demand softens seaborne and port manganese ore markets Weak buying interest weighs on alloy in China Alloy sellers in India lower offer prices Alloy prices in...Read More
Key data from the pricing sessions in London and Shanghai for the week ended Friday September 27. Europe Key drivers European prices for grade-4-4-1 and grade-5-5-3 silicon were unchanged amid low spot liquidity and little business concluded within the range. During the week, small volumes of grade-5-5-3 silicon exchanged hands at the top end of the published range at around ?,?1,500 (...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry is pleased to report that its portfolio company QVI Inc., a cannabis infused product manufacturer located in Sonoma County, California, is experiencing greater than initially anticipated demand for its manufacturing services.QVI reports that dem...Read More
Cornish Lithium used equity platform Crowdcube to raise £1.4m over the summer from 1,200 investors, many of whom the company says are based in Cornwall.Read More
He said in an interview on the sidelines of this year's Denver Gold Forum in Colorado it took 20 years - far too long - to bring together Barrick and Newmont Goldcorp's Nevada gold assets. Bristow clearly sees them, together, as the jewel in the crowns of the world's two biggest gold companies, with a huge amount of value to unlock, he says.In a year since joining Randgold and Barrick - effectivel...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received an additional purchase order from a leading taxi technology distributor. As previously announced on July 22, this customer's original purchase order of $360,000 has been increased to total over $850,000. The customer will equip their taxi drivers with the...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday September 27. China Key driversThe price for antimony, MMTA standard grade II, ddp China rallied further after domestic suppliers increased offer prices on noticing growing buying interest ahead of the week-long National Day holiday in China (October 1-7).A few antimony producers held off from offering in anticipation...Read More
By: Ira EpsteinGold not reacting the way it should to the news last week, 18-week moving average now $1,442.8+Read More
Turkish steel producers have continued to book deep-sea scrap for November shipments at the beginning of this week, with prices fairly stable, sources said on Monday September 30.A steel mill in northern Turkey booked a Baltic Sea cargo on Monday, comprising 12,000 tonnes of HMS 1&2 (80:20), 15,000 tonnes of shredded and 2,000 tonnes of bonus at an average price of $226 per tonne cfr.Market partic...Read More