India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More
LISBON (Reuters) - Portugal’s parliament approved the Socialist government’s 2019 budget bill on Tuesday, setting the scene to nearly eliminate the deficit amid projected healthy economic growth and with more income for families.Portugal, which only emerged from a debt crisis in 2014, has managed to combine fiscal discipline with policies to support strong growth under the center-left...Read More
BERLIN (Reuters) - German Chancellor Angela Merkel has said she will not seek re-election as leader of the center-right Christian Democrats (CDU) at a congress in December. Merkel, 64, also ruled out running for a fifth term as chancellor in 2021.Several CDU politicians have announced bids to succeed Merkel as party leader. Here are some facts about the candidates who could step into her shoes:THE...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transactions: rebarRebar Oman, export, rebar, traded at $523-525 per tonne cfr on theoretical weight basis, to...Read More
* Graphic: World FX rates in 2018 tmsnrt.rs/2egbfVh* Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Adds detail on S&P statement, updates prices)LONDON, Oct 30 (Reuters) - Sterling sank against the dollar and euro on Tuesday as concern about Britain’s departure from the European Union led investors to largely ignore hopes of an end to austerity raised by finance...Read More
Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr....Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/conve...Question 1. Anthony L: I remember you saying that at some point it's time to transfer from gold and silver into property and maybe back into other assets. Does that mean after that we should never keep any more precious metals? And what if there should be another default on the SDR or whatever else they have created? Wouldn't we w...Read More
A crowd of nearly 7,000 migrants are moving from Honduras, currently in Mexico and on their way to the U.S. border. President Trump says he will not allow them in and the situation is once again becoming a huge political debate over immigration. But immigration is only a symptom of the actual problem. Reality Check, if you want to debate the actual problem then you have to talk about u.s. foreign...Read More
(Reuters) - Mastercard’s (MA.N) shares reversed course to fall sharply in afternoon trading on Tuesday as investors worried the company’s third-quarter revenue growth was largely being driven by rebates and incentives and not by transaction volumes.The payments processor said its revenue rose 14.7 percent to $3.90 billion in the quarter, out of which rebates and incentives accounted fo...Read More
Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Tim...Read More
China's domestic rebar prices strengthened on Tuesday October 30 on positive sentiment generated by rising futures.Domestic Eastern China (Shanghai): 4,670-4,700 yuan ($671-675) per tonne, up 20 yuan per tonneNorthern China (Beijing): 4,450-4,480 yuan per tonne, up 30-40 yuan per tonneThe January rebar contract rose to a high of 4,206 yuan per tonne in the afternoon before retreating afterward, wh...Read More
"When we wake up, with clothes and mannerisms, we perform and create gender. In this interactive presentation, we will create a new gender. What will yours be?"Continue...Read More
The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More
"The Democratic Party is a much more diverse political party, attracting people who are African-American, Latino, LGBT, whatever the reason why people feel more comfortable where Continue...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
LONDON, ON. - Fortune Minerals reports that the governments of Canada and the Northwest Territories have accepted the environmental assessment approval for the modified Tlicho all-season road. The modifications were developed with the Tlicho government through a consultation process managed by the Mackenzie Valley Environmental Impact Review Board. The Tlicho government also approved the board...Read More
An updated preliminary economic assessment (PEA) of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a...Read More
Oct 30 (Reuters) - Randgold Resources Ltd said on Tuesday its Loulo-Gounkoto gold mining complex in Mali had stepped up production, with increased grades expected in the third and fourth quarter of the year.Mali is the third biggest producer of gold after South Africa and Ghana, with gold mines operated by multinational companies including Randgold Resources, Anglogold Ashanti , B2Gold and Resolut...Read More
BHP Billiton Ltd.'s giant Olympic Dam mine in Australia's Outback is a labyrinth of 450 kilometers of tunnels and roads - an ideal testing ground for the industry's burgeoning shift toward cleaner power.Taking about 30 minutes to drive from top to bottom, there's ample opportunity for the world's biggest miner to test electric SUVs in a bid to cut both costs and pollution, including potentially ha...Read More
"We can peacefully resist the Trump administration's regressive and discriminatory policies and build a future that values inclusivity, equality, and justice for people of color, women, the LGBTQ community, refugees, and immigrants." Continue...Read More