There’s finally light at the end of the tunnel. Most of the developed world is rolling out the vaccine, and that means the global economy could rebound sharply in 2021. Luckily, Canadian investors can bet an additional $6,000 on this recovery through their Tax-Free Savings Account (TFSA). Here’s the best way to play this recovery and shield your potential gains from taxes. Ec...Read More

Warren Buffett was pretty cautious with his bets last year following the 2020 stock market crash. And although we can only speculate at this juncture, there’s reason to believe he’ll continue to remain cautiously optimistic in the new year. He didn’t back up the truck on stocks when they nosedived last February and March. If I had to guess, he’s in no hurry to put Berkshire...Read More

I have said several times before that you don’t need a lot of money to participate in the equity markets. Investing smaller dollar amounts regularly in high-quality stocks could help you build wealth in the long term. Here we’ll focus on two high-quality smaller dollar amount stocks you can buy for less than $30. These companies have strong fundamentals and ample growth catalysts...Read More

Value stocks generally beat growth stocks in the very long term. However, this has not been the case for the last decade or so. Growth stocks have notably trounced value since the 2008 financial crisis. But things may change post-pandemic. Interestingly, value stocks look poised for a handsome upturn, especially amid the stable economic recovery.Value stocks are those that trade at a large discoun...Read More

While you're reading this, companies are bidding close to $80 billion for a technology that's going to shape the future. Last month, almost 60 companies put in bids with the Federal Communications Commission to take control of 5G airwaves. You know many of these names: Verizon, AT&T, T-Mobile, Dish Network, and Comcast, just to name a few. Over the past months, these companies have been competing...Read More

Between Christmas and New Years it really looked good for the metals. I thought we would be in full tilt rally mode the first of the year. With all what's happening in the USA in regards to politics or shall I say the "uncertainty" of politics, you would really think gold would be sky high way over that $2,000 price that so many were predicting. But not so. Last week it after a slight decline the...Read More

Here are five Fastmarkets stories you might have missed on Tuesday January 12 that are worth another look.Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Philippine...Read More

Aluminium premiums across the globe were mostly flat in the week ending Tuesday January 12, with market participants continuing to keep a close watch on the volatile London Metal Exchange spreads.Uncertainty in Europe due to spreadsImport premium widens in BrazilUS Midwest market quietDomestic market more favorable in Japan.Backwardations create uncertainty in EuropeAluminium premiums throughout E...Read More

The three-month nickel contract was the biggest gainer on Tuesday January 12 with a 3% rise in a broad-based reversal of fortunes for base metals on the London Metals Exchange, due to expectations of further Covid-19 stimulus in the United States. Nickel's three-month price bounced back by 3.4% on Tuesday at 5pm to $17,668 per tonne, coming back to levels seen at the end of the first week of Janua...Read More

Here are five Fastmarkets stories you might have missed on Tuesday January 12 that are worth another look.Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Philippine...Read More

Bob Moriarty ArchivesJan 12, 2021When companies begin to express interest in doing a private placement it is common for some of the funds they talk with to start to short the shares in order to force the placement price down. And it’s typical that when a company has announced a price for a placement for investors to either short the stock or to sell it in order to participate in the PP and p...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 12, 2021 The traditional Chinese New Year “firecracker rally” for gold may be a dud this year, but investors who followed my “buy into $1788 and sell some into $1966” recommendation are in great shape. Please click here now. Double-click to enlarge this weekly b...Read More

An overview of the chrome ore and alloy markets on Tuesday January 12 and their latest price moves.China Spot domestic ferro-chrome prices hit a 21-month high amid surging offers from suppliers after Ulanqab, a major ferro-alloy production hub in China's Inner Mongolia, ordered small furnaces - with a power consumption of...Read More

The nickel price rose 3.4% to more than US$17,614/t on the London Metal Exchange, amid reports the Philippines had suspended mining on the Tawi Tawi islands.Marex Spectron's Alastair Munro said while the suspension was not likely to immediately impact the physical markets, it highlighted "how important sentiment has become to trading in our space"."Moreover, the overnight rallies on copper and nic...Read More

Monument said it had entered a definitive purchase and sale agreement with Fortress over its subsidiary which owned the Mengapur copper and iron project.Fortress said it believed the Mengapur acquisition would bolster the company's objective to become a significant regional player in the iron ore industry and would increase its total magnetite resource from 7.18 million tons to 17.93Mt.It had yest...Read More

Philippine President Rodrigo Duterte has directed the closure of mining operations on Tumbagaan Island in Languyan, in the province of Tawi-Tawi, to rehabilitate the area, the Philippine News Agency reported on Tuesday January 12."The island has, at this point, been mined out. And while rehabilitation efforts are underway, the President is issuing a directive to stop any and all mining in Tumbagaa...Read More

Here are five Fastmarkets stories you might have missed on Tuesday January 12 that are worth another look.Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Philippine...Read More

Here are five Fastmarkets stories you might have missed on Tuesday January 12 that are worth another look.Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Philippine...Read More

Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Several steel producers in Baj?-o and nearby San Luis Potos?- state have increased their buying prices by around 200 pesos ($10) per tonne for most grades, in order to secure volumes, according...Read More

Turkish steelmakers stepped back from the deep-sea scrap import market on Tuesday January 12, focusing instead on finished steel and billet sales, sources told Fastmarkets.After a number of steel scrap cargoes were booked at the end of the last week, the market has generally been quiet."Market is very quiet [so far this] week, but I still expect the mills to book more carg...Read More