Imagine waking up, surrounded by doctors clad in space suits and respirators.Every time you breathe out it's a hazard, and everything you touch must be sterilized or destroyed.That's the reality of this coronavirus (COVID-19) outbreak.China's 2020 New Year's celebrations were called off. Tens of thousands of flights were cancelled, office buildings and schools were locked, and billions of dollars...Read More
Optimine for Outokumpu. Credit: Sandvik. Outokumpu, a leader in stainless steel manufacturing, has selected Sandvik's OptiMine digital platform as the underground operations management system to improve productivity at its Kemi chrome mine in Finland."One of the key elements of digitalization at Kemi mine is improving the situational picture. By visualizing mine operations and conditions in real...Read More
Image: Adapted from Goldcorp videoThe gold price jumped to a fresh near 7-year high on Tuesday as worries about the global economic impact of the coronavirus mutated into expectations of massive monetary stimulus to counteract the damage done in China and elsewhere. Gold thrives when policy is loose and money is cheap, and usually moves in the opposite direction of interest rates. China is expecte...Read More
1. The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship. Monkey see...monkey do:2. New statistics show that credit card debt of millennials now rivals total student loan debt. 3. Please click here now. The nation's so-called "leaders" now appear to function mainly as debt clock op...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 18 that are worth another look.Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil fell during the week to February 18 amid a slowdown in domestic trading while downstream sectors gradually return to work.Increasing aluminium inventories pressured China's aluminium price amid, generally, uninterrupted...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 18.Click on...Read More
London Metal Exchange three-month base metals prices, with the exception of lead, traded down at the close on Tuesday February 18, with any residual optimism capped by negative movements in global equities markets and restrictions in Chinese markets due to the novel coronavirus (2019-nCoV) outbreak.LME nickel futures were the worst hit, trading down 2.2% to close at $12,815 per tonne on the previo...Read More
Bob Moriarty ArchivesFeb 18, 2020Another low market cap junior we just added asan advertiser announced on Friday that they closed a private placement for $1.48 million and are preparing a drill program for their lead Nevada gold project on the Cortez trend.Fremont Gold (FRE-V) comes with a stable of five gold projects in the Carlin district of Nevada. They are giving Pilot Gold 9.9% of their share...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 18, 2020The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship.Monkey see...monkey do:New statistics show that credit card debt of millennials now rivals total student loan debt. Pleas...Read More
Gold futures rose more than 1% above US$1,600 an ounce and gold was worth $1,600.60/oz on the spot market at the time of writing.Palladium surged to a new record and was trading earlier at $2,536/oz on the spot market.Base metals, bar lead, sank on the London Metal Exchange yesterday.The S&P500 closed lower, as did European and Australasian indices except the Shanghai Composite Index, which ma...Read More
"We have been very thoughtful and deliberate about the construct of our portfolio over many years now clearly the world trend is towards decarbonisation and we've been active advocates for this andRead More
Indonesia will reduce its nickel ore production by 52% year on year to 25 million wet metric tonnes (wmt) in 2020, according to the Indonesian Nickel Mining Association, while introducing four new domestic smelters to produce ferro-nickel and nickel pig iron (NPI) ahead of the domestic mineral ore export ban this year.Indonesian authorities expect four new smelters to come into production in 2020...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), a North American leader in plant-based food packaging and products, has today announced that Beacon Securities has initiated analyst coverage on the Company.The research coverage on good natured (R) is prepared by an analyst at Beacon Securities and represents the views of the analyst. good natured (R) is...Read More
"This is the coiled spring in mining," it said, indicating it believes the copper price will move significantly higher as a result.Read More
Challenging conditions will continue in the South African ferro-chrome market and Chinese production will continue to expand, Glencore said on Tuesday February 18.The trader-miner announced on February 4 a 9% drop in ferro-chrome output for the full year of 2019 to 1.44 million tonnes, due to maintenance taken during periods of high costs and low prices.Deteriorating ferro-chrome market conditions...Read More
By: Gary SavageThe bullion banks are in jeopardy of being short-squeezed out of their huge short-position, like last year when they lost billions..Gary Savagehttps://blog.smartmoneytrackerpremium.com/Disclaimer:Investing in the financial markets can involve considerable risk. Past performance is not necessarily an indication of future performance. The information included in The Smart Money Trac...Read More
"The impacts of the war and the pandemic are hard to disentangle in market and economy charts, but it looks like positive developments in the war...were overshadowed by the pandemic, marking the end of an equity rally..." Ray Dalio, Bridgewater Associates, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020 "Investing should be more like watching paint dry or watching gra...Read More
By Avi GilburtIn late October and again in November, I began preparing my subscribers for the last rally phase we experienced in the metals complex. I even penned a number of public articles outlining my expectations for the same. In fact, on November 11, I published an article entitled "Gold Is Likely Approaching A Local Bottom." As we now know, gold actually struck its bottom at the time with...Read More
Index futures were getting drubbed Monday night on news that Apple's Q1 revenues will take a hit from coronavirus-related work slowdowns and lower iPhone sales in China. However, it remained to be seen whether this so-far controlled selloff will become an avalanche when stocks open Monday morning. If it were a Sunday night, the FAANG/lunatic stocks would be moving lower in tandem with the E-Mini...Read More
Ability/inability of spot gold to trade over $1600 will decide the trend for gold for the next three week's. Right now the trend is bullish. Silver will break free from $1740-$1810 trading range and form a new range. Copper, crude oil and nickel, boom or bust two days ahead. Right now trend is bullish for copper and nickel. Japan, Eurozone, Singapore, are among the various nations (apart from Ch...Read More