Work has already begun on upgrading the site security which includes cameras and fencing.Read full newsRead More
Former workers associated with the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros Union, gave the new president Andr?(C)s Manuel L??pez Obrador 15 days following his inauguration to address a conflict with Grupo Mexico that started in the late 2000s.According to local media, following a request made by the new Interior Minister Olga S??nchez C...Read More
The Peruvian Ministry of Energy and Mines' latest statistical report reveals that, in the 10th month of the year, the country's gold output fell by 6.3% when compared to October of 2017. This, despite the fact that Minera Yanacocha, which is the main producer of the yellow metal, grew its output by 8.1%.Copper production, on the other hand, fell by 3.8% in October when compared to the previous yea...Read More
Researchers with the University of Western Australia ran some calculations and determined that, although violent, the Big Bang slowly created base and precious metals. According to professors Snezhana Abarzhi and Annie Naveh from UWA's School of Mathematical Sciences, although the supernova explosion was violent it wasn't as turbulent and quick as previously thought."It is traditionally considered...Read More
The New York Stock Exchange and the Nasdaq Stock Market have announced rare closures, with plans to shutter all trading this Wednesday to honor former President George H.W. Bush, who died Friday at 94. "We remember President Bush admiringly as a veteran who fought totalitarianism, a statesman who advocated for freedom, a leader who served his country, and an unabashedly dedicated family man," NY...Read More
Fed Chairman Jerome Powell quelled market unrest last week when he couched his description of where the central bank's benchmark interest rate is relative to "neutral."With the Fed getting closer to the end of its rate-hiking cycle, communication will be pivotal.Powell will hold news conferences after every meeting beginning in 2019, providing an opportunity for clarity, or confusion.Jeff Cox| @Je...Read More
Late Saturday, the White House said in a statement that the U.S. would leave the tariffs on $200 billion worth of Chinese products at a 10 percent rate, and not raise it to 25 percent at this time.Traveling back to the U.S. from the G-20 summit in Argentina, Trump told reporters he had struck an "incredible deal."Trump also told reporters that he thinks there could be a meeting with North Korean l...Read More
Bloomberg News/LandovBusinesses in the Chicago region grew rapidly in November, but executives are worried about tariffs. The numbers: A survey of business conditions in the Chicago region that's often a bellwether for the broader U.S. economy surged in November to a four-and-a-half year high despite worries about U.S. tariffs. The MNI Chicago business barometer jumped 8 points to 66.4, ending a...Read More
Greetings and salutations from Mandaluyong! In case you were wondering, although I’m still in Metro Manila, I recently moved away from Bonifacio Global City (BGC) over to Mandaluyong (only a stone’s throw away, but still takes an eternity to get to during rush hour traffic) in an attempt to try something new…Well, I’ve got my reasons for being here…Anyway, I realize t...Read More
Bear market forces are building according market historian Bob Hoye from ChartsandMarkets.com. In his latest interview with Jim Goddard, Hoye points out that the world stocks outside of the US hit their highs in January, the month after the bitcoin bubble blew out. Those peaks foreshadowed the setup for a potential bear market in stocks.Click to listen to Bob Hoye's November 30th broadcastHoye pu...Read More
Professor Black wrote the popular book "The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry." To get a copy of this book about one of the most fascinating times in U.S. banking history, click here.Read More
Back in 2017, when some countries were handing power to populists promising variations of "drain the swamp," France went for continuity with Emmanuel Macron, a young, moderate-sounding Continue...Read More
Trump has just announced a "National Day of Mourning" on Wed, Dec 5th...the very day of the House Hearings on Clinton Foundation Investigation..Coincidence??Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last...Read More
The Peruvian Ministry of Energy and Mines' latest statistical report reveals that, in the 10th month of the year, the country's gold output fell by 6.3% when compared to October of 2017. This, despite the fact that Minera Yanacocha, which is the main producer of the yellow metal, grew its output by 8.1%.Copper production, on the other hand, fell by 3.8% in October when compared to the previous yea...Read More
Steel billet prices continued to fall in most global regions during the working week from Monday November 26 to Friday November 30, due to a return of Chinese producers to the export market and a downturn in the Asian markets.Sentiment in the export billet market in the Commonwealth of Independent States (CIS) became more depressed, while import prices in the Middle East and Turkey weakened in lin...Read More
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information providedContinue...Read More
Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More
Steel billet prices continued to fall in most global regions during the working week from Monday November 26 to Friday November 30, due to a return of Chinese producers to the export market and a downturn in the Asian markets.Sentiment in the export billet market in the Commonwealth of Independent States (CIS) became more depressed, while import prices in the Middle East and Turkey weakened in lin...Read More
Chile's state copper miner Codelco said on Saturday it had reached agreement on a new collective labor contract with the union of workers at its Ministro Hales mine in northern Chile.The 36-month contract, which includes a signing bonus of 7 million pesos ($10,423) and a boost to salaries of 1.2 percent, was approved by 53 percent of the union, Codelco said in a statement.Ministro Hales produced a...Read More
Former workers associated with the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros Union, gave the new president Andr?(C)s Manuel L??pez Obrador 15 days following his inauguration to address a conflict with Grupo Mexico that started in the late 2000s.According to local media, following a request made by the new Interior Minister Olga S??nchez C...Read More