According to noted columnist Star Parker, there's nothing as racist as the current welfare system. It embeds low expectations for blacks and encourages absentee fathers and the destruction of the black family. Ms. Parker believes that doing away with welfare will do away with most of the ills that plague the black community across America. It's not the racism of the right that is keep them down, i...Read More
It's not even the peak of the wildfire season in California but a Record-Breaking 2 Million Acres have Burned Already.Continue...Read More
"You can teach a child: Don't take candy from strangers" Gundlach said, comparing this to the UBI unemployment benefits workers have depended on.Continue...Read More
Dunagun Kaiser and the Liberty and Finance/Reluctant Preppers?EUR< team make a road trip to the midwest US vault and bullion operations of Miles Franklin Precious Metals Investments. This part 1 video interview with CEO Andy Schectman was filmed inside one of the Miles Franklin's vaults, and covers many of your frequently asked questions about vault storage.- Is this vault storage fully insured?-...Read More
Steel slab exporters from the Commonwealth of Independent States (CIS) are testing the market with a new round of offer increases, supported by the continuing uptrend in the raw materials and finished flat steel products sectors, Fastmarkets heard on Tuesday September 8.A Russian producer shipping material from the country's Far East ports was heard to have agreed several deals last week around $4...Read More
"[Juniors] have raised a lot of cash in the last few months. Everybody's excited about the higher gold price."Continue...Read More
Maurice Jackson of Proven and Probable talks with Andy Schectman of Miles Franklin Precious Metals Investments about macroeconomic policy and its effect on precious metals prices. Maurice Jackson: Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Let's begin today's discussion with gold, which has recently surpassed its all-time high sin...Read More
GoldMining Inc. reported it has enlisted Ian Telfer to serve as Advisory Board Chairman for its gold streaming-royalty subsidiary, Gold Royalty Corp. Gold barsVancouver-based gold exploration firm GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) announced in a news release, that it has appointed veteran industry executive Ian Telfer as chairman of the Advisory Board of Gold Royalty Corp., a subsidiary of...Read More
Bob Moriarty of 321gold highlights six of his favorite stocks that he owns and treasures as an insurance against financial chaos. We are in a correction for gold, silver and the resource stocks. Thanks to the overreaction of the Federal Reserve and central banks throughout the world in response to a virus that looks less real as each day passes, fiat currencies are headed for the trash heap. The...Read More
As the tech-heavy stock market indexes sold off on Thursday, many investors were forced to re-think their positions. For the past few months, mega cap technology companies like Apple, Amazon, and Tesla have led the market higher. Yesterday they led the market lower.Now the question is: Where can investors look for leadership going forward? As would be expected during big down days for equities, g...Read More
The gold miners’ stocksare mired in correction mode, which isn’t surprising after their mightypost-stock-panic upleg. Huge buying catapultingthem higher left this sector extremely overbought. Corrections are normal and healthy after pricesget too stretched technically. They eradicateupleg toppings’ excessive greed, rebalancing sentiment. That paves the way...Read More
“Those who plan, invest and execute long-term win,’ says long-time market analyst R.E. McMaster in A Layman’s Guide to Golden Guidelines for Wise Money Management. “Win-win decisions, looking to the long term with short-term work and sacrifice, are historically the tickets to success in all areas of life – short-term sacrifice for long-term benefits, deferred gratific...Read More
China's coking coal import quotas have changed the dynamics of the seaborne market, making the trading of the steelmaking raw material more risky, time-consuming and expensive for traders.What was typically a month-long process for a vessel carrying Australian coking coal to deliver to China has stretched to at least four months after import quotas became scarcer and port restrictions became tight...Read More
Would you like to know one simple way of achieving investment successes and getting rich? That’s great, I will reveal this secret to you – and you even don’t have to click anything! The trick is to find a bull market and go long! And, what a coincidence, gold is right now in the bull market… If you don’t believe, then look at the chart below. If the chart does not p...Read More
Here are five Fastmarkets stories you might have missed on Monday September 7 that are worth another look.The Labor Day holiday in the United States meant that three-month base metals prices on the London Metal Exchange were little changed at the close of trading on Monday, with trading volumes thin. LME nickel futures showed the biggest losses over the afternoon.In Asia, Vietnamese buyers remaine...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 8 that are worth another look.Japanese blast furnace (BF)-based steel mills have been using more scrap in their basic oxygen furnaces in recent weeks due to a rise in steel production and high costs for iron ore, market participants told...Read More
(Updates prices)LONDON, Sept 8 (Reuters) - Copper fell on Tuesday as stockmarkets and oil prices dived and the dollar strengthened, butprices remained near two-year highs as London Metal Exchange(LME) inventories hit 15-year lows and speculators bet on afurther rally.Benchmark copper on the LME was down 1.8% at$6,670.50 a tonne at 1600 GMT.The metal reached $6,830 on Sept. 1 - up more than 50% fro...Read More
Fastmarkets is extending the consultation period for discontinuation of four steel-sector price assessments in Argentina following a long period of low liquidity and an inactive spot market.The prices proposed for discontinuation are as follows:- MB-STE-0003 Steel hot-rolled coil, monthly assessment, domestic, exw Argentina, $ per tonne- MB-STE-0001 Steel cold-rolled coil, monthly assessment, dome...Read More
Ferrous scrap prices in Mexico rose during the week ended Friday September 4, with most steelmakers announcing widespread increases in buying prices amid steady demand and a positive trend in markets in the United States.Price gains were reported across all grades both in the region near northern Monterrey city and in the central Bajio region, although the amount of the increases va...Read More
Turkish steel producers continued their deep-sea scrap purchases with support from firm demand for long steel products in the country, sources said on Tuesday September 8.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $302 per tonne, shredded at $307 per tonne and bonus at $312 per tonne cfr late on September 7.The cargo breakdown was not yet fixed by t...Read More