Top silver market expert David Morgan joins Miles Franklin sharing his insights into the recent run to gold and silver. David reveals gold is nowhere near its all time high if you account for inflation even using the U.S. government's inflation numbers. If inflation is taken into account, silver's all time high would be well above $100/oz.David Morgan is a world-renown precious metals aficionado....Read More
The price of containerized ferrous scrap imports into India was little changed this week, ending its six-week rally, following other global markets' pause in buying activity, sources told Fastmarkets on Friday August 21. Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $309.47 per tonne on Friday, just 17 cents down from $309.64 per tonne one week pre...Read More
"We put fluoride in the water so we can reduce suffering, so the justification is the same. It's an intervention to reduce suffering for a whole lot of people."Continue...Read More
China firmly opposes the US plan to deploy land-based, medium-range missiles in the Asia Pacific and deplores its frequent moves to pressure China's neighbors and blatant provocations at China's doorstep.Continue...Read More
In 2008 the banks were Too Big To Fail. Here in 2020, the stock market looks Too Big To Fall. So much of the status quo is now dependent on ever-higher asset prices that any weakness is immediately met with overwhelming support by the central banks and/or national legislatures. Many are now wondering: will stocks ever be allowed to drop again? While that question sound facetious, it's not. After a...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Virus or no virus, a recession was due. Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when...Read More
Hillary Clinton "gifted" a prestigious job in the Obama State Department to the nephew of accused pedophile and sex trafficker Ghislaine Maxwell, according to OK! Magazine - and whose employmentContinue...Read More
"We have something like 30 to 50 per cent of the restaurants in New York City are probably already out of business and they're not coming back."Continue...Read More
A video from outside of last night's DNC Convention in Milwaukee shows two Joe Biden supporters stealing a MAGA hat from a 7-year-old boy before physically attacking his mother.Continue...Read More
Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the "Still Report", the quintessential report on the economy and...Read More
As tough as this market feels right now a second bull flag could be forming.Continue...Read More
Export prices for Brazil-origin slab increased week on week amid low material availability and continuing high demand.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil reached $420-430 per tonne on Friday August 21, up by $5 from $415-425 per tonne a week earlier.Offers were reported at $430 per tonne fob and...Read More
Independent financial analyst Matt Badiali presents the investment case for copper. Copper will be the next metal to break out in 2020, and it's all about demand.The price of copper just broke through $3.00 per pound. The red metal's price rose 45% so far in 2020. But that is still well below its 2011 high of $4.50 per pound. That could change in the second half of this year. The reason for coppe...Read More
The zone's significance, the updated resource highlights and Troilus Gold's next steps are discussed in a Haywood report. In a July 29 research note, Haywood analyst Pierre Vaillancourt reported that the Southwest zone at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus property in Quebec "makes the difference" in the updated resource estimate and, potentially, the project.He also noted that H...Read More
Generation Mining achieves this result during phase 1 of its current metallurgical testing program. In a news release, Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN.F) announced at its Marathon Palladium project in northwestern Ontario it "successfully completed bench-scale metallurgical test work, resulting in a favorable and significant increase to projected Platinum Group Metals (PGM) and...Read More
Trading activity in the CIS export market for steel billet was limited in the week ended Friday August 21, with both sides assessing the situation. Some activity was reported in Asia, while customers in markets nearer to the CIS took a wait-and-see stance.Mills selling from the Black Sea basin were not actively offering material, and kept their official indications within the range of $400-410 per...Read More
Peruvian steelmaker Aceros Arequipa is currently loading the country's first ever shipment of steel billet to China, according to a company official.The sale, involving 40,000 tonnes of billet, was concluded in early June for August shipment. It is expected to arrive at the eastern Chinese inland port of Jiangyin, located along the Yangtze River, by the end of September.The transaction is the firs...Read More
The Baowu Steel Group, China's largest steelmaker, is now the controlling shareholder of the Taiyuan Iron & Steel Group (Tisco), the country's second-largest producer of stainless steel, the latter has announced.Shanxi province's State-owned Assets Supervision & Administration Commission, which owned all of Tisco's shares, transferred 51%...Read More
Taiyuan Iron & Steel (Tisco), China's second-largest stainless steel producer, suspended the trading of its stock on the Shenzhen Stock Exchange on Friday August 21 following an announcement on Thursday evening that there will be a change in its controlling shareholder.Market participants expect the Baowu Steel Group, the country's largest producer of carbon steel, to replace Shanxi province's Sta...Read More