2020 certainly has been a crazy and volatile year. The stock market has been all over the place, first reacting rapidly to bad news and more recently recovering with good news. This has made it extremely difficult for TFSA investors.For example, at the moment, some of the market is rallying on positive vaccine news. But we are right in the midst of the second wave, which is seemingly a lot worse t...Read More

Worst year ever, right?Seems like that's the consensus. And it's hard to argue when you look at the havoc wreaked by the coronavirus, the race riots, and Giuliani pressers.Yet another cherry was added to the top of this cake earlier this week, when the United States reported...More than 200,000 new coronavirus infections nationwide...More than 100,000 patients hospitalized with COVID-19...And mor...Read More

Dec 09, 2020 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy 2021 will remain challenging for economic growth, with a recovery in the jobs market more likely to materialize only in the second half of the new year, according to Lyn Alden, founder of Lyn Alden Investment Strategy."I've been bullish on some of the banks lately, so that includes Scotiabank, that includes Sberbank of Russi...Read More

Dec 08, 2020 Guest(s): Lobo Tiggre The Independent Speculator Even though a bear case for gold is unlikely to happen, investors should not be sailing with their eyes closed and ignore the possibility of a pivot in fiscal and monetary policies, which would drag gold prices down, said Lobo Tiggre of the Independent Speculator. "It's not something that keeps me up at night. It is something worth th...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 9 that are worth another look.Domestic prices for hot-rolled coil increased substantially across Europe in the week to December 9 due to a materials shortage in the market combined with good demand from distributors, sources told Fastmarkets.Alcoa...Read More

The nickel briquette premium in the United States showed a significant decline on Tuesday December 8, largely prompted by aggressive selling, with some market participants seeking to reduce premiums in order to capture business.Meanwhile, the price in China for nickel pig iron (NPI) continued its decline, while European market participants reported significantly lower prices being achieved in annu...Read More

Chilean miner Codelco has increased the US benchmark copper premium for 2021 supply of cathode to traders, though the premium for most end users is flat, a source with direct knowledge of the matter confirmed on Wednesday December 9."For the [copper supply to the United States], it was not a rollover in general," the source told Fastmarkets. "[Codelco has] increased premiums for most traders; [the...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 9 that are worth another look.Domestic prices for hot-rolled coil increased substantially across Europe in the week to December 9 due to a materials shortage in the market combined with good demand from distributors, sources told Fastmarkets.Alcoa...Read More

Keith WeinerPosted Dec 9, 2020It was just two days ago, that we wrote about last week’s slide in the silver price from around $24, to around $22.50. Well, yesterday and today the price ascended back to around $24. The question is whether silver is now just as scarce as it was, scarcer, or more abundant? Read on…But First, BitcoinFirst, we want to touch on what has been happening in th...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 9 that are worth another look.Domestic prices for hot-rolled coil increased substantially across Europe in the week to December 9 due to a materials shortage in the market combined with good demand from distributors, sources told Fastmarkets.Alcoa...Read More

Codelco raised $500 million in New York via the issue of a 31-year bond at a 3.Read More

The optimistic price forecast comes from Citi, an investment bank, in its end of year commodities outlook, which also sees gold trading above $2,000/oz next year before "unwinding" in 2022.Read More

PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") continues to focus its efforts in the Illinois market and is pleased to announce that it will open its second Mission Dispensary in Calumet City, IL on December 15th. This new 3,000- square-foot facility located at 1330 Torrence Avenue, is about 20 miles south of Chicago and the closest dispensary to the Indiana...Read More

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Wednesday December 9.Fastmarkets' alumina index, fob Australia is at its highest level since March 18, 2020, up 30% from the year-to-date low of $224.48 per tonne on April 15. Key drivers Two new deals concluded late on December 8. The first deal concluded at $295.50 per tonne fob Australia for 30,000 tonnes...Read More

The price paid for low carbon ferro-chrome delivered in Europe rose strongly in the two weeks to December 8 on support from reduced supply and increased transportation costs, sources said, while the high carbon ferro-chrome markets kept stable.Fastmarkets' low carbon ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe assessment rose by 5-6 cents (3.2%) to $1.65-1.88 per lb Cr over the two w...Read More

Here are five Fastmarkets stories you might have missed on Wednesday December 9 that are worth another look.Domestic prices for hot-rolled coil increased substantially across Europe in the week to December 9 due to a materials shortage in the market combined with good demand from distributors, sources told Fastmarkets.Alcoa...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and Michael Greenfield in London, Susan Zou...Read More

Turkish steel mills continued to book deep-sea scrap cargoes for February shipment at increasing prices, which are being driven up by improving steel and billet values, sources said on Wednesday December 9.A steel mill in the Marmara region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25) and 15,000 tonnes of a mixture of bonus, busheling and plate & structural (P&S) at an...Read More

Aurubis, Europe's biggest copper producer, posted improved earnings in its latest annual results, largely thanks to higher scrap refining charges (RC) since its acquisition of recycling firm Metallo in May 2020. For its financial year to September 30. 2020, Aurubis' operating earnings before taxes (EBT) grew by 15% to ?,?221 million ($268 million) year on year, the company said...Read More

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.The potential headwinds - political tensions between the United States and China, a no-deal Brexit and the continuing out of control spread of the virus, are for now taking a backseat. China's consumer price i...Read More