Share this article TORONTO - Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] said Friday June 4 that the process of reopening the Porgera gold mine in Papua New Guinea under the terms of a binding agreement between the government and operator Barrick (Niugini) Ltd. (BNL) has taken a major step forward.Barrick President and CEO Mark Bristow said production at the mine may restart later this year.The gold...Read More

Base metals prices on the London Metal Exchange have attracted dip-buying this morning, Friday June 4, after weakness on Thursday when prices fell across the board by an average of 2.2%. At the same time, prices on the Shanghai Futures Exchange were weaker this morning while they reacted to yesterday's weakness on the LME.Thursday's strong US data, including employment data, bodes well for today's...Read More

My friend James made $10,000 this week trading AMC Entertainment Holdings Inc. (NYSE: AMC).Let me tell you how... The squeeze on the market's most heavily shorted stocks continued this week as r/WallStreetBets followers drove the share value of AMC through the roof.James - a gamer, gambler, and day trader - was privy to the Reddit mob's move earlier than most. By buying "near in-the-money calls"...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More

Battery-grade lithium hydroxide prices in Asia moved up over the week ended Thursday June 3 against the backdrop of continued tight supply and firm buying appetite.Battery-grade lithium hydroxide prices in both domestic Chinese and seaborne Asian markets were underpinned by robust demand. Battery-grade lithium carbonate price in China was flat, although concerns persisted over increased supply. Eu...Read More

Australian spodumene producer Galaxy Resources has increased its full year production guidance for 2021 to 195,000-210,000 dry metric tonnes (dmt) of spodumene concentrate in response to strong demand, it said on Wednesday June 2.The company had previous estimated an annual output of 185,000-200,000 dmt. Galaxy's Mt Cattlin operation in Western Australia has continued to operate at full capacity d...Read More

Prices in Turkey for hot-dipped and pre-painted galvanized steel coil were forced downward during the week to Friday June 4 in order to remain competitive, sources have told Fastmarkets.Demand was strong to moderate in the export markets, but the prices offered by Vietnam to Europe were about $30-40 per tonne lower than offers from Turkish suppliers.As a result, Turkish coated coil producers decre...Read More

Indian steel mills have increased their domestic hot-rolled coil prices by 2,500-5,000 rupees ($34-68) per tonne for sales in June, bringing local prices closer to international HRC prices, Fastmarkets heard on Friday June 4.The price of steel HRC, domestic ex-whse India, was assessed by Fastmarkets at 68,500-70,500 rupees ($938-965) per tonne on Friday, compared with last week's assessment at...Read More

Market activity has been slow in the European hot-rolled coil market because buyers were holding back from new deals to monitor the situation in the global market and to wait for a decision in the regional safeguard measures case, sources told Fastmarkets on Friday June 4.Domestic prices have been supported by good order books at European steelmakers, however, and by limited access to overseas coi...Read More

Domestic steel wire rod producers in Poland have nearly finalized June bookings and are yet to quote for July, while prices for imports surged amid strong demand and short supply, sources told Fastmarkets on Friday June 4.Fastmarkets' weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland was 3,700 zloty ($1,009) per tonne on Friday, narrowing upward by 50 zloty f...Read More

Domestic prices for steel rebar in Poland increased again in the week to Friday June 4, pushed by limited supply and good demand, Fastmarkets has heard.Buying activity in Poland's rebar market has remained quite strong, despite a surge in prices, with customers being more concerned about securing volumes."Demand from the construction sector is strong, but in fact the prices are largely being drive...Read More

China's domestic rebar prices edged up on Friday June 4 on stronger demand ahead of the weekend, ending the week 200-yuan-per-tonne above the previous Friday's close in the eastern region, sources said.DomesticEastern China (Shanghai): 5,030-5,060 yuan ($785-790) per tonne, widening upward by 10 yuan per tonne.Northern China (Beijing) weekly assessment: 5,160-5,200 yuan per tonne, up by 160-170 yu...Read More

The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them. This will drive the value of the dollar down to near zero. It would make hyperinflation look like a day in the park.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall fin...Read More

Listen to Jim Rickard's predictions about the economy and markets plus the biggest economic disruptor in over 70 years that will make central banks a laughing stock - and how to capitalize on this unique window of opportunity.In this recording, James Rickards had to address the elephant in the room: "Where is the stock market crash you predicted?"His answer will shock you.Plus, you'll discover wha...Read More

The trillions in stimulus that have been issued since the Great Financial Crisis, and accelerated last year in response to the COVID crisis, have resulted in a weakening US dollar and fast-rising inflation. And the Federal Reserve and the current Administration claim they're committed to pumping out further trillions for "as long as it takes" All this intervention is massively deforming, distortin...Read More

Harley Schlanger's work can be found at The LaRouche Organization and The Schiller Institute.Read More

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.Greg Dickerson is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hund...Read More

Silver seriously undervalued?John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist...Read More

Gerald Celente guest hosts The Alex Jones Show to break down the medical tyranny lies of the CDC, as interest rates rise ahead of economic collapse.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...Read More

For over two decades, Ken McElroy has experienced great success in the real estate world-from investment analysis and property management to acquisitions and property development. With over $750 million investment dollars in real estate, Ken offers a unique perspective on how you will get the biggest return on your investments. His twenty six plus years of senior level experience is offered to his...Read More