QUESTION: Mr. Armstrong; you are the only person who forecasts gold without bias. How will gold respond to the war rattling with Iran?PDANSWER: They will always paint gold as the a never ending bull market in the face of war. Perhaps us old-time traders learned the hard way – buy the rumor but sell the news. If we look at gold’s performance during the first Gulf War in 1990, it rallied...Read More
The signs of memory loss can be scary: misplaced keys, forgetting where you parked, a task you suddenly can't remember, repeating a question over again that was just answered. Five million Americans are estimated to have Alzheimer’s disease and related dementia, according to the Centers for Disease Control and Prevention - a figure that's projected to grow to 13.9 million by 2060.To date, th...Read More
Are you accustomed to receiving a fat tax refund from the IRS... money that you often use for a summer vacation or to save for a rainy day?This year, though, you might've gotten a smaller one than expected. Or worse yet, you may have had to include a check when you submitted your 2018 return.You're not alone.According to the IRS, the average 2018 refund check for early filers was $2,640... 16% les...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday June 21:Aluminium scrapCast: ?,?850-870 per...Read More
Ferrous scrap prices in Asia continued to trend downward this week, but a rebound might be on the horizon, market sources told Fastmarkets MB.This is because scrapyards in the United States and Japan are facing very thin margins and are unlikely to lower their prices any further, they said."The downtrend is still present, especially with long steel still being offered at low prices by mills in Tur...Read More
The following is an edited release by London-based metals market consultants Roskill. For more information, visit www.roskill.com.The current price for primary South African chrome ore of around US$170 per tonne (CIF China), places the price at around the 80 percentile of the chrome ore cost curve for supply sent to China.Exporters of chrome ores experienced tightening margins in 2018, when the pr...Read More
Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to protect domestic uranium production.The June 20 article, quoting three anonymous sources briefed on the matter, said the commerce department believes that the U.S. reliance on uranium imports poses a national securi...Read More
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June 19, 2019 (ACCESSWIRE via COMTEX) -- TORONTO / ACCESSWIRE / June 19, 2019 / Barrick Gold Corporation GOLD(ABX) (Read full newsRead More
This gold mining ETF has hit a new 52-week high. Are more gains in store for this ETF?Read full newsRead More
June 19, 2019 (ACCESSWIRE via COMTEX) -- TORONTO / ACCESSWIRE / June 19, 2019 / Barrick Gold Corporation GOLD(ABX) (Read full newsRead More
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