Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
UK long steel producer British Steel has been granted approval from a French court to take over troubled French special steelmaker Ascoval, the company said on Thursday May 2.Following the approval from the tribunal de grande instance (TGI) in Strasbourg, Ascoval, which is located in Saint-Saulve, Northern France, will officially become part of British Steel on Wednesday May 15 and will be renamed...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Erik Townsend and Patrick Ceresna welcome?EUR?Juliette Declercq?EUR?to MacroVoices. Erik and?EUR?Juliette?EUR?discuss?EUR?the current status of inflation, the FED's failure to meet its inflation mandate, and what is ahead for policy path and inflation outlook.Read More
Payment giant MasterCard is facing mounting pressure to monitor money going to far-right groups, with critics saying these groups promote "hate." The credit card company has suggested it could setting up a "human rights committee." Investigative journalist Ben Swann dives into the proposal with RT America's Manila Chan.Read More
A new report by GlobalData shows the value of deals in the metals and mining sector jumped from last year, despite the number of agreements inked falling.The independent analytics firm's data shows overall deal value in Q1 2019 grew by 6.3% to $22.5B from $21.2B in the same period last year. Deal volume decreased by 8.7% from 358 in Q1 2018 to 327 deals in Q1 2019.CIBC tops the list, with the Cana...Read More
Large scale gold mining in sub-Saharan Africa has reduced infant mortality in nearby communities, with rates falling by 50% among those born within 10km of a gold mine, conclusion new research by Anja Benshaul-Tolonen published in the May 2019 issue of The Economic Journal. Benshaul-Tolonen's research finds that local industrial development may be an effective way to reduce infant mortality in...Read More
Sweden's Boliden on Friday reported first-quarter core earnings slightly above analysts forecasts, and said production in the quarter had been stable both in its mines and its smelters.Operating profit, excluding revaluation of process inventory, fell to 2.05 billion Swedish crowns from 2.72 billion a year earlier, beating the 1.99 billion seen by analysts in a Reuters poll."The period can be summ...Read More
Cache Exploration (TSX-V:CAY) announced the acquisition of a 100% mineral interest in a gold project in Mali, West Africa.In a press release, Cache said that it signed a definitive agreement with private vendor Rachid Mogabgab and that the acquisition includes an estimated $250,000 in mining equipment previously utilized at the project.To go ahead with the deal, the Vancouver-based firm has to iss...Read More
Tudor Gold (TSXV: TUD) made public this week the 2019 exploration plans for its flagship Treaty Creek project, located in the Golden Triangle of northwestern British Columbia.In a press release, the Vancouver-based miner said the primary exploration target within Treaty Creek is the Goldstorm system."From the southwest corner of the Treaty Creek claims, which are bordering Seabridge's claims, the...Read More
Canada's Hudbay Minerals' (TSX, NYSE: HBM) has settled a long-dragged out boardroom battle with its second-largest investor, Waterton Global Resource Management, which had been pushing for replacing the miner's chief executive officer and overhaul the board.The announcement comes two weeks after Waterton, which holds about 12% of Hudbay, filed a lawsuit against the base metals producer, in a bid...Read More
The unemployment rate fell to a 49-year lowAll three stock market indexes managed big wins today, thanks to better-than-expected April jobs data. Specifically, the U.S. created 263,000 jobs last month, while the unemployment rate fell to a 49-year low of 3.6%. In addition, the Nasdaq got a boost from Amazon (AMZN), on news that Warren Buffett's Berkshire Hathaway is amassing a stake. Against this...Read More
The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More
Traders also digested better-than-expected jobs data this weekThe week started off on a high note, with the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) each touching a fresh record peak. The Dow Jones Industrial Average (DJI) also got a lift early in the week, thanks to a round of strong earnings from big-cap pharma stocks, with all three indexes marking a fourth straight monthly gain. However...Read More
Russia has criticized Mexico at the World Trade Organisation (WTO) for maintaining anti-dumping duties on Russian steel exports, which it claims are outdated, being based on pricing assessments using data from a different country.The Mexican government used this method for past dumping calculations on Russian steel because it is permitted under WTO rules where a government dominates an economy tha...Read More
The shares remain well below their late-February IPO price, tooThe U.S. equities market is heading for a daily win, though the Dow still seems poised for its second straight weekly loss. Among individual stocks making notable moves today are e-sports name Super League Gaming Inc (NASDAQ:SLGG), implantable eye lens specialist STAAR Surgical Company (NASDAQ:STAA), and space technology firm Maxar Tec...Read More
UK long steel producer British Steel has been granted approval from a French court to take over troubled French special steelmaker Ascoval, the company said on Thursday May 2.Following the approval from the tribunal de grande instance (TGI) in Strasbourg, Ascoval, which is located in Saint-Saulve, Northern France, will officially become part of British Steel on Wednesday May 15 and will be renamed...Read More
The analyst's new price target represents expected upside of 51%Ahead of earnings next Tuesday, May 7, Oppenheimer initiated coverage of Allogene Therapeutics Inc (NASDAQ:ALLO) with an "outperform" rating. In addition, the brokerage firm set a lofty price target of $45 -- a 51% premium to Thursday's close. The brokerage firm waxed optimistic on Allogene's off-the-shelf CAR-Ts prospects and its al...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 177,275111,05656,305147,288235,600380,868402,961 Change from Prior Reporting Period 584-28,240-2,994-7,11523,801-9,525-7,433 Traders 16768785458254172 Small Speculators LongShortOpen Interest 49,14327,050430,011 -512-2,604-10,037 non reportable positionsC...Read More