By Eric Peters, CIO of One River Asset Management; read this post after first reading "The Most Important Question For The Market Is Identifying The Driver Behind Record Low Negative Real Rates"Un-Orthodoxy"Rising inflation and growing government debt may not seem like the natural ingredients to lower longer-term real yields," explained Marcel, our Head of Research, our investment t...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Argonaut Gold (TSX: AR) announced today that the company produced 58,777 gold equivalent ounces in Q3 2021, an increase of 20% compared to Q3 2020.The company explained that higher production was prima...Read More

Nov 15 (Reuters) - Goldman Sachs has forecast growth in the U.S. core personal consumption expenditures (PCE) index to nearly halve by the end of 2022, as the U.S. bank expects a surge in commodity prices and supply-chain constraints to ease after causing near-term price spikes.Economists at Goldman Sachs expect the core PCE index - the Federal Reserve's preferred inflation measure - to fall to 2....Read More

Turkey's domestic auto bundle scrap prices have increased due to a weakening lira, while ship scrap prices have been largely stable, market participants told Fastmarkets on Monday November 15.The Turkish lira weakened further against the United States' dollar after the Turkish central bank cut the benchmark interest rate by 2% to 16% late in October.The central bank was expected to cut the interes...Read More

Sir Brian Bender, chairman of the London Metal Exchange for almost a decade, has died at age 72.Bender joined the LME in 2010, fresh from a lifelong career in the British civil service, and described himself in an interview with Metal Market Magazine on his retirement in 2019 as a "slightly leftfield candidate" for the role.He presided over a transformative period of change at the exchange, includ...Read More

OTTAWA, Nov 15 (Reuters) - The Bank of Canada will not raise its benchmark interest rate until the slack in the country's economy is absorbed, which has not yet happened but is getting closer, Governor Tiff Macklem said in a newspaper opinion piece on Monday.Macklem also noted that while inflation risks have increased - driven by pandemic-induced demand shifts, supply disruptions and higher energy...Read More

WASHINGTON, Nov 15 (Reuters) - In need of a political boost, President Joe Biden will sign a $1 trillion infrastructure bill on Monday at a ceremony expected to draw Democrats and some Republicans who were instrumental in getting the legislation passed.The measure is expected to create jobs across the country by dispersing billions of dollars to state and local governments to fix crumbling bridges...Read More

South Korea's copper smelter LS Nikko is diversifying its raw-materials portfolio by smelting circuit boards in mobile phones collected across the country, the company said on Monday November 15.The initiative is in collaboration with mobile phone distributor SK Networks to collect 50,000 used mobile phones via an artificial intelligence-based recyling platform, which could help manage and process...Read More

LONDON, Nov 15 (Reuters) - The euro touched a May 2020 low against the safe haven Swiss franc on Monday, and the dollar hovered around a 16-month high as U.S. inflation raised bets on a Federal Reserve interest rate hike.With inflation fears rising and concerns over the COVID-19 pandemic pressuring global economic growth, the Swiss franc hit 1.0530 against the euro overnight, its highest level ver...Read More

Nov 15 (Reuters) - U.S. stock indexeswere set to rise on Monday as economically resilient sectorsbenefited from inflation jitters, while investors awaited a slew of retail earnings and economic data this week to gauge the health of consumer spending.The three major Wall Street indexes had fallen between 0.3% and 0.7% last week on concerns over high inflation and weakening consumer sentiment. Inves...Read More

Share this article VANCOUVER - Hudson Resources (TSX 'HUD'; OTC 'HUDRF') announced that based on new mining legislation passed on November 8th by the Greenland Government, it will focus efforts on advancing its 100% owned Sarfartoq rare earth element (REE) project.The new legislation, which was passed by a narrow majority, bans the development of mineral projects with a uranium content greater t...Read More

Share this article VANCOUVER - First Quantum Minerals Ltd. (FM-TSX) is set to appoint Tristan Pascall as the company's next CEO.Pascall, who is currently First Quantum's chief operating officer, will assume his new responsibilities in May 2022, when he succeeds the company's current Chairman, CEO and founder Philip Pascall. When he retires as CEO, Philip Pascall will continue to serve as Chairman...Read More

Key data from the Friday November 12 pricing session in China.Key drivers China's cobalt metal price rose amid gains in the local futures market and a rally in the international benchmark cobalt metal price. Chinese cobalt tetroxide suppliers pushed up offers despite thin buying amid...Read More

We spoke with Dr. Michael Anderson, Managing Director of Firefinch Limited (ASX: FFX) - a gold miner and lithium developer, with two outstanding assets in Mali - the Morila Gold Mine (80% interest) and Goulamina Lithium Project (JV with Ganfeng Lithium). At Goulamina, Firefinch has been busy, with a definitive feasibility study update, paving the way to demerge the Company's share of the Goulamina...Read More

By Other For Kitco News Follow @KitcoNewsNOW 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 provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitati...Read More

Silver sent us a strong signal last week which has big implications beyond precious metals. Meanwhile, a tech giant could soon find itself disrupted by a tech savvy entreprenuer who has a track record of success and is about to leverage the speed of the Solana blockchain. Only the brave go up against giantsFinally, in this week's Insights we provide an update on INK's metaverse in-house strategy....Read More

Sir Brian Bender, chairman of the London Metal Exchange for almost a decade, has died at age 72.Bender joined the LME in 2010, fresh from a lifelong career in the British civil service, and described himself in an interview with Metal Market Magazine on his retirement in 2019 as a "slightly leftfield candidate" for the role.He presided over a transformative period of change at the exchange, includ...Read More

Trading in the European hot-rolled coil market remained slow on Monday November 15, with buyers in wait-and-see mode, sources told Fastmarkets.Distributors have been holding back from making deals until the price trend becomes clear.European producers have been offering first-quarter-rolling coil at high prices, insisting that the increase is necessary due to higher energy and emission costs. In a...Read More

They ruin everything they touch. They make some serious money doing it, but it all gets flushed straight into the pockets of top executives - you know, the ones already way too loaded to care. While they're at it, these mega-corporations water down and monetize any promising discovery until it's a hollow shell of its former self. By the time it trickles down to the public, that shiny new tech h...Read More

Domestic prices for hot-rolled coil in Europe declined slightly in the week to Friday November 12 amid subdued trading activity in the spot market.HRC buyers across Europe were largely maintaining a wait-and-see attitude during the week.European mills were still able to offer fourth-quarter HRC to the spot market at lower prices due to slowed demand from the automotive industry. Notably, some volu...Read More