Gold rose 2% on Monday, with silver up 5.5% on the trading session. Peter Hug, global trading director of Kitco News, said that fundamentals line up with this rally.Equities also saw a bounce. Hug said that talks of a new round of fiscal stimulus is adding fuel to the risk-on sentiment while driving money to precious metals at the same time.The U.S. dollar weakened on the trading session. Peter Hu...Read More

I believe towards the middle of next year reality could creep back into markets. The vaccine will help shift spending habits to restaurants, hotels, and airlines. Continue...Read More

Can the election be a do-over? No, there is no time. The only solution is that the election should be ruled null and void by the Supreme Court and it should be thrown into the House of Representatives.Continue...Read More

Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richtopia, he holds the CIIA financia...Read More

I have not seen any reports of lost productivity from working remotely. Sure, some will take advantage. But others are happy to work Continue...Read More

Almost one-third of all small businesses in New York and New Jersey remain closed since January amid the coronavirus pandemic and forced lockdowns, according to a watchdog.Continue...Read More

"If there's one thing I'm hearing uniformly it's: 'Congress, do not leave town for the holidays leaving the country and the economy adrift with all these initial CARES [Act] programs running outContinue...Read More

"She did dine al fresco at Il Forno on the very last day it was permissible. She loves Il Forno, has been saddened to see it, like so many restaurants, suffer from a decline in revenue. She ate there, takingContinue...Read More

Join us for the Great American Treasure Hunt! Buy a chocolate bar and get your chance to find a coveted silver ticket!Continue...Read More

0:00 - Intro1:02 - The Early 70s2:20 - Gold Business Events3:49 - Money Printing & Debt4:42 - Runaway Gold Market7:06 - Last Gold Rush Ever8:51 - Gold Vs. Silver10:16 - Confiscation Risks12:15 - Swapping Gold/Silver14:39 - Investor Activity17:04 - Mainstream Interest17:31 - Numismatic HypeBill Haynes is the owner and President of CMI Gold & Silver. Read More

No changes were reported in the premium for direct-reduced (DR) iron ore pellet for the fourth quarter of 2020, although sources told Fastmarkets they expect growth in the first quarter of 2021 on strong demand.Fastmarkets' iron ore DR-grade pellet premium to 65% Fe fines index, Middle East reference was $24 per tonne on Monday November 30, unchanged month on month.Fastmarkets' index for iron ore,...Read More

American billionaires haven't been just immune to the pandemic, they have been thriving in it, drastically increasing their collective wealth.Continue...Read More

CNN has just published the first of what might be a series of reports on a cache of new documents purporting to prove that the information disseminated Continue...Read More

The export price for steel slab from the Commonwealth of Independent States (CIS) increased again during the week to Monday November 30, mainly because of the continued uptrend in the hot-rolled coil market, Fastmarkets has heard.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS, was $525-535 per tonne on November 30, up from $485-495 per tonne a week earlier.Slab off...Read More

James Kwantes of Resource Opportunities outlines the latest news from this Canadian junior miner. The market reaction was muted when Genesis Metals Corp. (GIS:TSX.V; GGISF:OTC) hit 8.73 g/t gold over 21.35 meters in a late 2017 drill hole at its Chevrier gold project in Quebec. It was a sign of the times: The high-grade intercept, announced on Jan. 22, 2018, came during a grinding bear market for...Read More

Kaiser Aluminum Corp. shares traded 12% higher after the company reported it has entered into a definitive agreement to purchase Alcoa Warrick LLC from Alcoa Corp. in a transaction valued at $670 million. After U.S. markets closed for trading yesterday afternoon, specialty aluminum products manufacturer Kaiser Aluminum Corp. (KALU:NASDAQ) announced that "it has entered into a definitive agreement...Read More

Vox Royalty Corp. has entered into a binding agreement to acquire a royalty over a portion of Bushveld Minerals Ltd.'s Brits Vanadium Project located in South Africa. In a news release, precious metals mining royalty and streaming company Vox Royalty Corp. (VOX:TSX.V) announced that "it has entered into a binding agreement with Sable Metals and Minerals Pty. Ltd. pursuant to which Vox will acquir...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Key ferro-alloy forecast highlights for the coming months:?EUR? A strong recovery in both bulk and noble alloys is expected in 2021 but the markets are unlikely to return to the levels seen before the outbreak of the Covid-19 pandemic. We have seen a quicker-than-expected recovery across various regions amid the economic fal...Read More

Although the apparent results of the 2020 election are still being contested, members of the global ruling elite are already looking forward to a post-Trump era in American politics – and a post-vaccine world economy.They have encapsulated their policy agenda for 2021 and beyond into two words: “Great Reset.”The notion of a Great Reset comes directly from the World Economic Forum...Read More

Here are five Fastmarkets stories you might have missed on Thursday November 26 that are worth another look.Italian steel unions have expressed growing concerns over the future of the Taranto steel plant and jobs in the city, with ArcelorMittal Italia expected to soon agree to a deal that would...Read More