The Pentagon has unveiled what's being described as "the biggest US naval exercise in a generation" to be held in late summer and which will simulate readiness for a future "possible conflict with China or Russia," according to a new report in Military.com.Continue...Read More
"The lack of physical security and transparency means we cannot be certain who accessed the voting equipment and what might have been done to them," she added.Continue...Read More
When seeking somewhat comparable historical analogues to the current unprecedented period in capital markets, Bank of America's Michael Hartnett writes in his latest Continue...Read More
The Jimmy Dore Show is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. With over 5 million downloads on iTunes, the show is also broadcast on KPFK stations throughout the country.Read More
The price of gold has risen to a more than three-month high on inflation fears and unexpectedly Continue...Read More
Silver Bar demand keeps growing! U.K. Royal Mint sees 540% increase in silver bar demand https://www.kitco.com/news/2021-05-13...Gold Bullion Tax UK https://buygoldcoins.co.uk/gold-bulli...UK Royal Mint explanation of taxes on gold, silver and platinum: How tax applies to gold, silver and platinum bullion https://www.royalmint.com/invest/bull...?>>?Commit to tipping us monthly for our hard work cr...Read More
Bitcoin proves it is not a safe haven asset.Investors begin rotation from #Bitcoin to gold.Bitcoin is the white whale and Michael #Saylor is Captain Ahab.Anthony #Pompliano wants your cash, not your Bitcoin.Gold investors spooked by anonymous suggestion of a possible discussion to potentially think about talking about tapering.US Dollar crash may look similar to today's Bitcoin crash.Peter Schiff...Read More
Turkish steel scrap import prices have so far held firm despite a sharp drop in China's steel and scrap markets this week.Soaring billet and rebar prices in Asia were factors in allowing Turkish import scrap prices to rise earlier this month, but despite a large downturn in many Asian ferrous markets this week - including China and Taiwan - Turkish scrap prices have so far been undeterred. Turkey...Read More
"The United States government is in possession of exotic material and I'll leave it at that.""More analysis needs to be done. There is enough uniqueness about it where it requires additional analysis and additional expertise and thankfully there are pockets in the US government that are willing to have the conversation and conduct the analysis.Continue...Read More
Semiconductor lead times, the time it takes for a company to order a chip and taking delivery, increased to 17 weeks in April, indicating shortages of these critical components are intensifying, according to Bloomberg. Continue...Read More
Prices for shredded steel scrap into India and Pakistan continued to rise in the week to Friday May 21, despite a souring of market sentiment, sources told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $517.88 per tonne on Friday, up from$510.55 per tonne one week earlier.One deal was heard at $515 per tonne this week, compared with a...Read More
The export price for CIS-origin steel billet rose by 1.16% day on day on Friday May 21 after sellers switched to nearer markets such as Africa and Turkey in the absence of Chinese customers. Interest for imported billet in China remained non-existent amid falling semi-finished and finished long steel prices domestically. This diminishing demand had caused the billet price to fall in every pri...Read More
Import billet activity into China ground to a halt in recent days amid falling finished steel prices in the country, while buying in the Philippines also trailed off by the end of the week, sources told Fastmarkets.The past seven days have been something of a role-reversal in the steel billet markets, with Philippine buyers being willing to pay above importers in China - the opposite pattern to th...Read More
Amid negotiations around the Biden administration's proposals for $2.3 trillion in infrastructure spending, a piecemeal approach appears to be more likely than sweeping legislative victories for Democrats, reports McAlinden Research Partners, and prices of many commodities are expected to continue to rise. Although "human infrastructure" has been a central truss for the White House's plans, Repub...Read More
A new interpretation of a historical resource has set the stage for a potentially large gold resource at Getchell Gold's Fondaway Canyon project. Getchell Gold Corp. (GTCH:CSE; GGLDF:OTCQB) began with a historical 1 million ounce gold resource at its Fondaway Canyon project in Nevada, but the company has set its sights on a larger resource. In the company's 2020, 2,000-meter drill program, five o...Read More
The latest drill results from Troilus Gold's Troilus property are discussed in a Red Cloud exploration update report. In a May 12 research note, Red Cloud Securities analyst Timothy Lee reported that Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) latest drill results from Troilus' J zone "identified new broad gold zones that are near surface and directly adjacent to the former operation," which are...Read More
Prices for steel rebar and billet in Egypt continued to increase in the week to Thursday May 20, with demand beginning to improve after the government further eased its ban on construction in the country, sources told Fastmarkets.The Egyptian Ministry of Local Development is running a trial program allowing new building permits to be issued in 27 cities until June 30 as a trial, before extending t...Read More
With this strategic move, Riley Gold's property now encompasses the west-to-east extension of the Wenban geological unit that hosts the district's gold mineralization. In a news release, Riley Gold Corp. (RLYG:TSX.V; RLYGF:OTCQB) announced it "has significantly increased its land holdings near and adjacent to the Pipeline West/Clipper Project (PWC), located 80 kilometers southwest of Elko, Nevada...Read More
In a Stifel report, Troilus Gold's latest drill results are interpreted and shown to have positive implications. In a May 12 research note, Stifel analyst Ian Parkinson reported that "recent drilling at Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) is highlighting additional upside to an already compelling [5,000,000-plus ounce] open pit project."Parkinson pointed out that new drill results, from the...Read More
Money manager Adrian Day reviews how several companies, mostly resource companies, are making good progress in what he calls a "strong environment." Altius Minerals Corp. (ALS:TSX.V, 17.16) reported revenue up 9% in the first quarter from a year ago, despite a drop in sales. Net earnings jumped 75% from last year, excluding special items. Strong base metals prices, offset by an unplanned interru...Read More