Click here for the full summary: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AO...Read More
Ross discusses his early career and the lessons he learned while building his first company Equinox Resources. He says, "It's a great deal of fun to be able to build several companies." Recently he realized that now was the time to build a new gold company at scale. To that end, he has founded Equinox Gold. We are still relatively early in this gold bull market, and there is a considerable distanc...Read More
What happens when a biological virus turns into a financial virus?We're seeing it happen in China.Continue...Read More
In what might be the first coronavirus death recorded outside China and a major development in the ongoing epidemic - which the WHO has refused to label a pandemic for fear of spooking the marketContinue...Read More
"Huawei is reassured by the U.K. government's confirmation that we can continue working with our customers to keep the 5G roll-out on track. This evidence-based decision will result in a more advanced, more secure Continue...Read More
You want to be a buyer and almost fully invested before Silver, and the gold stocks surpass those resistance levels. Continue...Read More
EB Tucker called gold's move to US$1,500 per ounce last year well before it happened, and at the Vancouver Resource Investment Conference he shared his latest prediction for the yellow metal. "What's going to happen this year is gold will take out its old high," said Tucker, who is a director at Metalla Royalty & Streaming, on the sidelines of the event.He also told investors which metals business...Read More
Weak days for the stock market Friday and Monday will likely be blamed on the coronavirus.The real virus to be concerned about is Bernie Sanders as he infects more voters with his rapidly spreading burn.Bernie Sanders was on Phil Donahue in 1981 when it made news that a Vermont town elected a Socialist mayor. Phil Donahue asks if he believed in competition. Bernie Sanders said no. He said he belie...Read More
Domestic and import prices for steel rebar in the United Arab Emirates changed over the past week, while demand was moderate because buyers wanted to wait for the direction of prices after China returns from the Lunar New Year holiday, market sources said on Tuesday January 28.The Chinese New Year holiday break began on January 25 and will end on February 2 after the Chinese government ordered an...Read More
A strong rise in Chinese steel production led the way to a 3.4% year-on-year increase in global crude steel output in 2019, according to the World Steel Association (Worldsteel).A total of 1.87 billion tonnes of crude steel were produced last year, compared with 1.81 billion tonnes a year earlier, Worldsteel said.Steel production in China continued to rocket upward, with steelmakers in the country...Read More
Due to the enforced extension of China's Lunar New Year holidays, Fastmarkets will not be publishing the following daily and weekly steel prices on Friday January 31. Steel hot-rolled coil index export, fob main port China, $/tonneSteel hot-rolled coil domestic, ex-whs Eastern China, yuan/tonneSteel cold-rolled coil domestic, delivered Eastern China domestic, yuan/tonneSteel plate domestic, delive...Read More
Bob Moriarty of 321gold sits down with Maurice Jackson of Proven and Probable to discuss geopolitics, precious metal prices and precious metal stocks. Maurice Jackson: Joining us for our conversation is Bob Moriarty, a world-renowned bestselling author and founder of the websites 321gold and 321energy.com. For audience members, today we will hear from one of the most respected minds on the subjec...Read More
A summary of the financial results for Swedish steelmaker SSAB for the fourth quarter and full year of its financial year in 2019. In brief Earnings drop on planned maintenance, lower shipments and strikes as well as weaker demand and pressured steel prices.SSAB GroupFourth-quarter 2019 results Loss before interest and taxes1.31 billion Swedish krona ($117.4 million), down from earnings befor...Read More
Panic over the coronavirus has cooled off todayAfter its worst session since October yesterday, the Dow staged a furious comeback today -- adding over 180 points -- as investor panic over the coronavirus cooled off. The blue-chip index snapped a five-day losing streak in the process, as Wall Street unpacked the latest economic data and corporate reports. The S&P 500 and Nasdaq both finished confid...Read More
CIEN stock has been moving higher in recent monthsNetworking specialist Ciena Corporation (NYSE:CIEN) seems to be setting up nicely for bulls. The shares just spiked to the upside from a recent consolidation pattern stemming from a December earnings breakout, hinting the stock is prepared for another move higher. With the previously resistant 30-day moving average still playing catch-up, the upsid...Read More
Stocks are continuing their recovery from yesterday's massive sell-off The Dow Jones Industrial Average (DJI) has extended its rebound at the halfway mark, adding over 200 points, as investors attempt to recover from yesterday's steep sell-off. The blue-chip index is getting a boost from Apple, which is surging midday despite news that the coronavirus could slow iPhone production. The S&P 500 Ind...Read More
LONDON, 25 January 2020 - Buying and selling gold on BullionVault costs just one-tenth as much in dealing costs as do gold coins says today's edition of The Times in its personal finance pages.The Times also highlights BullionVault's low storage cost, but columnist Mark Atherton still says he finds gold "an unreliable store of wealth...that does not produce any income, interest or dividends."Times...Read More
XRT is currently trading above all major moving averagesOver the last few weeks in this space, we have taken a hard look at retail giant Walmart (WMT) and the chart levels traders should be watching. This week we're not venturing too far from this, taking a closer look at the retail sector as a whole, since we're not only coming off the holiday season, but some surprising trends in the space have...Read More
LONDON, 23 January 2020 - Comment from BullionVault today leads an article on the impact of Chinese New Year gift-giving on global gold demand from French investment magazine, Capital."Chinese New Year is now the world's single largest gold-buying festival, beating India's Diwali every year since 2012," the magazine quotes BullionVault.You can read the full article, also carried by Yahoo Finance F...Read More
GE's 50-day moving average has emerged as support in 2020Lost in the panic over the spreading coronavirus, there's a full slate of earnings for investors to unpack this week. One notable name on deck is former blue chip General Electric Company (NYSE:GE), which is set to report fourth-quarter earnings before the open tomorrow, Jan. 29. Ahead of the event, we broke down recent options activity sur...Read More