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
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
Michael Oliver explains how close we are to the next upward resistance in the gold price.Read More
In this video I discuss the life cycle of a typical successful junior company and the two points at the cycle to buy. I delve into one of those points and what I look for in exploration companies.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timi...Read More
"It's pretty clear that he's not bringing home the troops. He's moving troops back into Iraq. He's moving other troops into Saudi Arabia."Continue...Read More
"Daryl Morey was right. Whenever you see something wrong going on anywhere in the world, you should have the right to say, 'That's not right.' And that's what he did. But again, sometimesContinue...Read More
Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) will resume operations at its No3 blast furnace later this week, after a maintenance outage lasting more than three months.The company told Fastmarkets about the restart late on Tuesday October 22 and the resumption in output will add steelmaking capacity to the country's already-flat steel market. Prices are already under p...Read More
Mervyn King is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013.Continue...Read More
Frank Holmes, CEO of U.S. Global Investors, discusses why he believes gold will go to $10,000, weighs Continue...Read More
You'd have to be insane to keep 100% of your savings trapped in this kind of financial system where you be so easily separated from your funds.Continue...Read More
The price of steel rebar in the Southern European domestic market has been stable this week but participants were closely watching the ferrous scrap markets to see how prices there would develop, Fastmarkets heard on Wednesday October 23.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe, was ?,?445-465 ($496-518) per tonne on Wednesday, unc...Read More
With all three zones open downplunge, the Canadian company intends to continue drilling. Osisko Mining Corp. (OSK:TSX) announced in a news release it hit high-grade gold mineralization on drilling in three zones of the Lynx deposit at its Windfall project in Quebec: the Lynx, the Lynx Extension and the Triple Lynx.This occurred during its ongoing definition and expansion drill campaign targeting...Read More
John-Mark Staude, president and CEO of Riverside Resources, speaks with Maurice Jackson of Proven and Probable about his company's strategic funding agreement with BHP to explore the Laramide copper belt of Sonora. Maurice Jackson: Joining us for a conversation is Dr. John-Mark Staude, president and CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Riverside has entered into a strategic f...Read More
The Turkish steel mills have extended their silence in the deep-sea scrap markets and are now focused on the markets for billet and finished long steel, sources said on Wednesday October 23.The mills in Turkey have been very active in scrap purchasing so far this month, booking at least 16 cargoes. They went quiet in the deep-sea markets at the end of last week after booking almost 500,000 tonnes...Read More
Exports of hot-briquetted iron from Venezuela have remained low in recent weeks because of a continuing shortage of iron ore pellets and pressure from sanctions imposed by the United States, sources told Fastmarkets on Wednesday October 23.Around 125,000 tonnes of HBI was available from stocks in Venezuela in early October, according to an official source."Venezuela is producing HBI but we will se...Read More
Seaborne iron ore prices edged up on Wednesday October 23 in line with the trend seen in the futures market.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $87.18 per tonne, up $0.50 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $87 per tonne, up $0.67 per tonne.62% Fe low-alumina fines, cfr Qingdao: $85.66 per tonne, up $0.39 per tonne.58% Fe fines high-premium, cfr Qin...Read More
(Updates with closing prices, recasts)By Peter HobsonLONDON, Oct 23 (Reuters) - Copper prices rose on Wednesdayas a wave of protests in top producer Chile began to disruptsupplies, but gains were limited by lingering fears over thehealth of the global economy and the outlook for demand.Benchmark copper on the London Metal Exchange endedup 1.1% at $5,881 a tonne after reaching $5,885, the highestsi...Read More
Both Caterpillar and Boeing presented profits that missed the mark The Dow spent time on both sides of breakeven amid a busy day for blue chips. On the earnings front, Caterpillar (CAT) entered the confessional with revenue and profits that missed the mark, but CAT stock battled back from a rough start to climb into positive territory by the close. Boeing (BA) was also on the earnings docket today...Read More
Beyond Meat relinquished the $100 level earlier todayThe summer feels so long ago for Beyond Meat Inc (NASDAQ:BYND). The faux-meat concern is down 7.5% to trade at $99.26 today, breaching the $100 level for the first time since June 4. Also weighing on the shares is comments from CNBC's Jim Cramer last night on "Mad Money," saying he believes Beyond Meat "can go lower from here" with the company'...Read More
Short covering could be strengthening tailwinds for two of the stocksA positive earnings reaction for Boeing (BA) is keeping the Dow's head above water today. Several small-cap stocks are making notable moves today, too, including 3D printing name Nano Dimension (NASDAQ:NNDM), biotech patent specialist PDL BioPharma Inc (NASDAQ:PDLI), and shipping concern Teekay Corporation (NYSE:TK). Here's a qui...Read More
The stock is retreating ahead of earnings, as the firm's CEO is leaving for NikeAhead of earnings -- slated for release after the close tonight -- the shares of ServiceNow Inc (NYSE:NOW) are swimming in red ink today, after the company said CEO John Donahoe is stepping down to head up Nike (NKE). Donahoe will be replaced by former SAP (SAP) CEO Bill McDermott. While analysts and NOW shareholders a...Read More