An abrupt downturn in sentiment and the resulting bearish effect on demand have caused spot prices for containerized ferrous scrap in the key import market of Taiwan to fall, with traders attempting to liquidate positions quickly, sources told Fastmarkets during the week to Friday March 12.Fastmarkets' daily price assessment for containerized steel scrap, HMS 1&2 (80:20), United States material im...Read More
Fastmarkets' benchmark copper concentrates index continued its downward momentum in the week to Friday March 12, reflecting buying from traders and smelters at progressively lower levels. Fastmarkets' copper concentrates treatment and refining charge (TC/RC) index, cif Asia Pacific fell to $26 per tonne / 2.6 cents per lb on Friday, down by 14% from a week prior. Chinese smelters are...Read More
Copper prices may be soaring, but the market is not yet factoring in key future demand from decarbonization and the new energy transition, the chairman and chief executive of Freeport-McMoRan said. Richard Adkerson, who has been at Freeport since 1989 and watched multiple pricing cycles evolve, said the natural comparative period for the currently soaring copper price is 2010-11, when the market p...Read More
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NEW YORK, March 10, 2021 /PRNewswire via COMTEX/ --NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key...Read full newsRead More
Victory Resources Corporation is pleased to announce that it hasRead full newsRead More
Empress Royalty Corp. reports that the Company's common shares arRead full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DRead full newsRead More
Kirkland Lake Gold (TSX:KL)(NYSE:KL) is a senior gold mining, development, and exploration company. The company’s diversified portfolio of assets are located in the stable mining jurisdictions of Canada and Australia with a significant pipeline of high-quality exploration projects. The production profile of the company is anchored by two high-grade, low-cost operations.Valuable hidden assets...Read More
Warren Buffett is one of the successful investors in modern times. His investment philosophy is widely followed worldwide, although his track record isn’t entirely perfect. In his annual letter to Berkshire Hathaway shareholders in 2021, the GOAT of investing owned up to one huge mistake. Even the best experience failures.Buffett’s conglomerate purchased aerospace-parts manufacturer Pr...Read More
0:00?EUR< - Introduction0:35?EUR< - Debt Day of Reckoning1:54?EUR< - US Debt and Servicing5:42?EUR< - Petrified of Markets9:27?EUR< - Shorting Markets10:45?EUR< - Market fundamentals have changed.13:36?EUR< - Sentiment and opportunity17:00?EUR< - Gold Portfolio18:22?EUR< - Mergers & Acquisitions19:28?EUR< - Uranium Sector24:45?EUR< - Taking Profits25:40?EUR< - Institutional Money26:45?EUR< - Elect...Read More
The Debt Bomb has a shorter fuse than anyone thinks. Right now, all U.S. financial cans are being kicked down the road. One tipping point is that debt is putting real pressure on the economy. They keep saying the U.S. fiscal picture will improve at some point, but when? We've been waiting an awful long time. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganR...Read More
Silver and gold demand remains much higher than pre-COVID times. The precious metals industry cannot keep up with demand. Miles Franklin Andy Schectman explains why premiums are so high and his perspective regarding the best value products in silver and gold right now.IN THIS INTERVIEW:0:00?EUR< Intro1:02?EUR< #SilverSqueeze?EUR< update3:39?EUR< Interest rates & gold9:35?EUR< Silver delivery updat...Read More
Do you feel like no matter how hard you work, it's harder and harder to get ahead?There's a good explanation for that. And it's maddening.The government intentionally & dramatically underreports the true cost of living, and that fake low number is what most employers use when they set the wages they pay.So your paycheck isn't growing nearly as fast as it needs to in order to stay ahead of inflatio...Read More
Join Mike Maloney, Adam Taggart and Jeff Clark as they dissect the biggest news stories of the week. Link to the Central Banker 'Rick Roll" clip: https://twitter.com/tmychow/status/13...?EUR< See you next week.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appea...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Investors starting to adopt my thesis.Money doesn't create purchasing power.Biden's stimulus is just a down payment.Massive loopholes will be exploited.Artists and athletes like Beeple and Gronk are ripping off their fans.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Stra...Read More
Even though the European Central Bank (ECB) announced 2 bond buying programs in 2020, including a second one in December 2020, it appears that ECB bankers are panicking that they did not commit to buying enough EU government bonds. Even though the ECB has already committed to buying over 75% of all EU government bonds issued in 2021 before the year started and the ECB's balance sheet is already ov...Read More
Chris Marcus worked 2 years at bond rating agency Moody's, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia's Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer...Read More