Jonathan Tepper, founder of macro research firm Variant Perception and author of The Myth of Capitalism, calls in to discuss the rise of corporate monopolies and its implications. @jtepper21:24 The Myth of Capitalism and Amazon.com, Inc.6:08 The beer industry, duopolies and innovation10:14 Low interest rate policy and the rise of cartels15:31 The "big pendulum" of anti-trust policy and the FAAN...Read More
Regulus Resources' (TSXV: REG) spin-out Aldebaran Resources (TSXV: ALDE) debuted on the Toronto Venture Exchange at $0.90 before tumbling to $0.59 in mid-afternoon trading.The company shares the same core management team as Regulus Resources and is focused on projects in Argentina.The recently formed junior explorer's primary focus will be the Altar copper-gold project, a large porphyry system i...Read More
MUMBAI/BENGALURU, Nov 2 - Physical gold demand in India was lacklustre this week, with dealers offering discounts for the metal ahead of a traditionally busy festival week for the first time in at least three years, as high prices kept consumers away.Prices in India, the second biggest gold consumer after China, held near 33,000 Indian rupees per 10 grams, the highest since September 2013, ahead o...Read More
Democrats take control of the Congress and move Trump out of the White House. Sounds unbelievable? So what is probable and what is not? We invite you to read our today's article about the upcoming US Mid-Term Elections and find out what are the likely consequences for the gold market.Elections are approaching the US again. Two years after Donald Trump was elected as POTUS, American voters go to th...Read More
A century after many of Chile's mines in the arid northern region were first opened, finding copper, or lithium, or gold or silver isn't as easy as it once was. The concentration of minerals in the earth decreases as the miners dig deeper, meaning companies need to process more ore to extract the same amount of metal - a messy and highly polluting process to begin with. To fuel that effort, they...Read More
Slab export prices in Brazil remained unchanged this week, with steelmakers still working out their offers for January shipments.Fastmarkets MB's weekly export price assessment for slab in Brazil was $505-515 per tonne fob on Friday November 2, the same as a week earlier.The past week has...Read More
Gold miners earned the ire of investors including billionaire hedge-fund manager John Paulson for entering into bad deals that destroyed shareholder value in the past. Shareholders of the two companies announcing a merger Monday signaled they think this time may be different.Barrick Gold Corp. Executive Chairman John Thornton said his company isn't paying a premium under its agreement to buy Randg...Read More
Will the Federal Reserve "Fall on it's own Sword" to destroy itself and SAVE the United States of America? We may find out shortly!!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 15 years to exposing the...Read More
As a way of raising awareness and interest in the mining industry among junior high and high school students in Nova Scotia, Canada, a provincial industry group is offering over C$8,000 in cash prizes to kids with some basic video skills.The Mining ROCKS! contest, now in its fifth year, hopes to inspire children to learn about the industry, get creative and win big, Sean Kirby, executive directo...Read More
Rick Rule, Chairman of Sprott US Holdings, discusses what can often go wrong when financing speculative resource companies. Management teams at those companies may arrange corporate policies in their own favor, ahead of the interests of shareholders. Rule further explains the best methods to protect oneself from such occurrences.TOPICS IN THIS INTERVIEW:00:52 Forewarned is Forearmed06:08 Common Ar...Read More
Jason Burack of Wall St for Main St welcomes back gold hedge fund manager and upcoming author Dan Oliver of Myrmikan Capital, LLC http://myrmikan.com/ for an interview about financial history, the current global macro environment post 2008 Lehman Brothers, gold and gold mining.Dan says that not only has nothing been learned from the 2008 financial crisis but that worse mistakes have been made by c...Read More
The latest metal markets news and price moves to start the North American day on Friday November 2. Base metals prices on the London Metal Exchange were all higher during morning trading on Friday November 2, after the largest single-day inflow in LME copper stocks since February 2004.The three-month copper price climbed more than 1.5% to more than $6,200 per tonne after around 47,700 to...Read More
Well, it was only a matter of time that when you read between the lines concerning pet population of dogs and cats, the solution is to REDUCE their numbers - which Continue...Read More
The Afghanistan war won't be won by the military but rather through a political resolution with the Taliban, accoroding to the American general leadingContinue...Read More
Precious metals expert Michael Ballanger discusses recent moves in the stock market, as well as with precious metals equities. The best news I could ever impart upon the world of gold and silver owners would be that the Great Intervention Bull Market of 2009-2018 in common stocks has ended and that the world is going to gravitate back to the traditional safe havens used by savers for over 5,000 y...Read More
Michael Rowley, president and CEO of Group Ten Metals, sits down with Maurice Jackson of Proven and Probable to discuss his companies exploration for platinum, palladium, nickel, copper and cobalt in the Stillwater area of Montana.Maurice Jackson: Welcome to Proven & Probable. I'm your host, Maurice Jackson. Joining us today is Michael Rowley, president and CEO of Group Ten Metals Inc. (PGE:TSX.V;...Read More
European transaction prices for grade-304 cold-rolled (CR) stainless steel sheets decreased further this week with competition between European and Asian material continuing.Fastmarkets' weekly price assessment for the material fell to ?,?2,180-2,240 ($2,480-2,549) per tonne delivered on Friday November 2, down by $20-60 per tonne.https://www.metalbulletin.com/My-price-book.html?price=43619Meanwhi...Read More
During these downtrends for metals the bulls are constantly calling bottoms and looking at data that they interoperate as signifying a bottom. Unfortunately usually these calls are wrong however there are a few consistent moves that happen at a bottom. Jordan Roy-Byrne shares what he is watching for to tell him the bottom is in for the overall metals complex.Jordan Roy-Byrne, CMT is a Chartered Ma...Read More
Key data from the Tuesday October 30 pricing session in Shanghai. Key drivers - Battery demand weakened slightly in the Chinese market over October, and it sent ripples into battery raw materials, including nickel briquette. - Both duty-free and duty-paid nickel briquette is abundant in the Chinese domestic market. - Nickel briquette has also been affected by weak demand from the stainless steel s...Read More
Apple earnings tipped the scales in the bears' favorThe Dow traded in a range of 500 points on both sides of breakeven today, ultimately ending in the red. While stocks started the session strong on a solid October jobs report, an ugly earnings reaction from FAANG stock Apple (AAPL) ultimately tipped the scales in the bears' favor. In addition, the White House threw a wet blanket on a Bloomberg re...Read More