Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More

The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to control inflation of metal prices domestically, are expected to raise approximately 160 billion rubles ($2.2...Read More

Cathie Wood's Ark Invest filed with the Securities and Exchange Commission on Monday to create a bitcoin exchange-traded fund. The SEC last week againContinue...Read More

Polaris Solutions is working with special forces units in Canada and the United States to bring the technology to North America, The Media Line said.Continue...Read More

U.S. citizens derive no benefit, but instead suffer great loss, from endless war in the Middle East. But their interests are irrelevant to decisions of bipartisan Washington.Continue...Read More

The Critical Investor profiles Meridian Mining's latest drill results and notes that the company recently raised CA$2.73 million from the ongoing exercise of warrants. Although metal prices and especially the gold price took a breather, Meridian Mining UK S (MNO:TSX.V) remains unfazed and keeps providing investors with solid drill results from its Caba?al VMS Copper-Gold Project in Brazil, at or...Read More

Mineworx's disruptive technology will be used in a new plant that will produce platinum and palladium and is projected to generate up to $100 million in revenue annually. Mineworx Technologies Ltd. (MWX:TSX.V; MWXRD:OTCQB; YRS:FSE) is focusing its proprietary and environmentally friendly precious metals extraction technologies on a small but essential piece of equipment that has a big impact on t...Read More

The German steel industry has called for further support and policy after the Climate Protection Emergency Program 2022, and for the program to widen its scope to other material alternatives, Fastmarkets learns.The steel scrap association BDSV criticized the Climate Protection Emergency Program 2022 which heavily focused on hydrogen-based steel production for green steel manufacture, and not steel...Read More

China's Hebei Iron & Steel Group (HBIS) and South Korea's Posco have signed a deal to establish a joint venture to produce automotive steel plate in China, according to a report from HBIS' official WeChat account published on Friday June 25. The planned new plant will have capacity to produce 900,000 tonnes per year of...Read More

Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More

Powell’s testimony to Congress failed in generating a rebound in gold prices; thus, the bearish trend could continue.On Tuesday (June 22) the Fed Chair testified before the Select Subcommittee on the Coronavirus Crisis, U.S. House of Representatives . Before Powell’s appearance in Congress, there were some hopes that he would soften the Fed’s hawkish signals from the previous wee...Read More

The European Commission (EC) officially confirmed the move to extend the existing safeguard measures on imported steel into the European Union by three years in an announcement made late afternoon on Friday June 25.The measures imposed on 26 steel products imported into the EU will remain in place until June 30, 2024, with quota volumes for the products increasing by 3% year-on-year, the commissio...Read More

Fed pumped so much money into thefinancial system, that the latter started sending it back. How will this andFed’s more hawkish tone impact gold?With Jerome Powell, Chairman of the U.S.Federal Reserve (FED), testifying before Congress on Jun. 22, his preparedremarks signaled that the FED remains on autopilot. Despite saying that “jobgains should pick up in coming months as vaccinations...Read More

Sector expert Michael Ballanger explains how recent statements by the Federal Reserve could prove hazardous to one's wealth. In the past week, precious metals investors, speculators and traders have been forced to apply all kinds of salves, balms and ointments to jangled nerves, rattled resolve and battered net worth statements, all directly the result of an unexpected shift in the official narrat...Read More

Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More

Treatment charges for lead concentrates have fallen to their lowest level for two years while terms for zinc concentrates have so far resisted further rises, Fastmarkets has heard.Fastmarkets' assessment of the lead spot concentrate TC, low silver, cif China, was $25-40 per tonne on Friday June 25, down from $40-55 per tonne a month previously.With prices high and demand for lead ingots said to be...Read More

The move away fromthe Federal Reserve Note as the global reserve currency of choice has continuedin recent years, with fresh developments increasing the greenback’s stiffcompetition. This has led tomassive central bank buying of gold, and that trend appears set to continue in2021. According to a recent report from the World Gold Council, 21% of globalcentral banks plan to purchase gold this...Read More

The recent Fed’s hawkish turn is fundamentally negative for gold prices but there is still some hope.The hawkish counter-revolution within the Fed continues. On Friday, St. Louis Fed President James Bullard said that the recent FOMC shift towards a faster tightening of monetary policy was a natural response to faster economic growth and higher inflation than anticipated:We were expecting a g...Read More

Domestic prices for hot-rolled coil in Europe increased in the week to Friday June 25, despite slower trading activity in the market with buyers holding back from making new deals.At the end of last week, ArcelorMittal increased its offers for coil products by ?,?30 ($36) per tonne across Europe. New offers for HRC reached ?,?1,200 ($1,432) per tonne ex-works, with offers on cold-rolled and hot-di...Read More

We’re already in the middle of a hydrogen boom. It’s projected to become a $175-billion market in just five years … and anunimaginable $11 trillion by 2050. But there’s a parallel boom that may be even more lucrative forinvestors …It goes hand-in-hand with hydrogen, yet it’s safer and moreefficient to store in large quantities.  It could absolutely troun...Read More