I recently told you about changes to your personal tax return that you should be aware of for the upcoming Tax Day. But there are big tax savings available if you are a business Continue...Read More
Not even gold's second straight quarterly decline was enough to shake billionaire hedge-fund manager Ray Dalio's confidence in gold.Dalio recommends gold as hedge against rising political risk.Dalio's Bridgewater Associates maintained its holdings in SPDR Gold Shares, the largest bullion-backed ETF, at 3.9 million shares, and its stake in iShares Gold Trust, the second-largest, at 11.3 million sha...Read More
I was one of the few, along with Robert Shiller, predicting that the real estate bubble in the U.S. was getting ready to burst back in late 2005. Home sales had peaked in July 2005.Continue...Read More
Vanadium prices will find a much higher base than their 2015 lows when they inevitably fall, due to a structural shift in the global vanadium market, according to Amy Bennett, principal consultant at Fastmarkets MB. "Ferro-vanadium will not stay above $100 per kg for eternity [and] at some point there will be less of a panic to get material," delegates heard at Fastmarkets' 34th International Ferr...Read More
Vancouver-based Xiana Mining (TSXV: XIA), formerly Dorato Resources, paid $25 million and a 1.5% net smelter royalty to acquire Glencore's (LON:GLEN) Minera Altos De Punitaqui in Chile.Minera Altos De Punitaqui (MAP) is a copper-gold producing company that currently holds three operating mines, additional exploration licenses, a concentrator, and associated infrastructure. All these elements are c...Read More
Ever since Apple reported earnings, FAANG stocks have begun to splinter off and show a divergence in performance. Peter Boockvar, Bleakley Advisory Group, offers his take.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.Read More
Canada's IAMGOLD (TSX: IMG) has triggered force majeure to suspend operations at its Rosebel Gold Mine in Suriname because some unionized employees have started a work stoppage.In a press release, the miner said the strike is a breach of the Collective Labour Agreement that prescribes a number of procedures in the event of a dispute between Rosebel and Rosebell Werknemers Organisatie. The company...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) is buying precious metal miner Tahoe Resources (TSX:THO) (NYSE:TAHO) for $1.07 billion in cash and stock, creating one of the world's largest silver producers.Pan American, already the world's second-largest primary silver miner, will effectively double its silver reserves with the acquisition, as Reno, Nevada-based Tahoe Resources owns a maj...Read More
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time:Continue...Read More
Children try to recreate the experience of their parents because it's familiar, it's what we know and learned. That's why we will likely end up in relationships similar to Continue...Read More
Author Patrick Henningsen is an American writer and global affairs analyst and founder of independent news and analysis site 21st Century Wire, andContinue...Read More
Prices for hollow steel sections in Northern Europe were flat this week amid stable market conditions, Fastmarkets heard on Wednesday November 14.Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was ?,?640-660 ($720-743) per tonne delivered on November 14, unchanged week on week.Last week, hollow section prices widened by ?,?10 pe...Read More
A friend who used to work in the Pentagon told me about the end of year budget meetings he had to attend. There, military personnel would Continue...Read More
Due to ample rain, operations may recommence two weeks early. RDM MineHaving now collected and stored enough water, Leagold Mining Corp. (LMC:TSX.V; LMCNF:OTCQX) intends to restart operations at its RDM mine in Brazil on or around Nov. 20, it announced in a news release. The company temporarily curtailed activities there in early October 2018 due to drought. Thanks to the onset of the rainy seaso...Read More
Pan American Silver has a diversified portfolio of mining and exploration assets located throughout Latin America. We are ramping up production Continue...Read More
This company's system, which is portable and nontoxic, affords mining companies cost and time efficiencies. Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) announced it received a patent for its Mineworx HM X-tract modular process for mining gold. U.S. Patent Number 10/124,345 was granted by the United States Patent and Trademark Office. The company develops and sells nontoxic, precious meta...Read More
Precious metals expert David Morgan fields multiple questions pertaining to silver, gold and the global markets.David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precio...Read More
Turkish steel pipe export prices continued to weaken amid limited interest for the material in the country's major export markets, sources said on Wednesday November 14.Steel pipe producers in Turkey were offering 2mm wall thickness EN10219-standard, grade-S235 tube at around $600-610 per tonne fob, compared with last month's offers at $640-650 per tonne.Fastmarkets' monthly...Read More
Oil, however, snapped a record 12-session losing streak The Dow continued to fall today, dropping for a fourth straight session -- its longest losing streak since August -- despite starting the day higher. Apple (AAPL) stock flirted with bear-market territory after downgrades from Guggenheim and UBS, sinking for a fifth straight day to mark its longest losing streak since April. In addition, bank...Read More
Natural gas ETF UNG is surging to new highsNatural gas prices have been spiking in recent days, as predictions of a colder-than-normal winter exacerbate fears of low supplies. As a result, United States Natural Gas Fund (UNG) is trading up 17.1% today at $38.70 -- earlier hitting a three-year high of $39.87 -- and pacing for its first close above the 36-month moving average in four years. This is...Read More