Gold will ride again... but it is still disfavored overall until the commodity and economic cycles bottom around 2022-23 or so.Continue...Read More

If you haven't been following the news, the cannabis industry has taken a beating recently, thanks to a new health scare that's cropped up around vaping. Vaping is a method Continue...Read More

I don't take the U.S.-China trade war seriously, because I don't expect a transformative deal to come of it. Specifically, I see the current trade charade as little more thanContinue...Read More

The decline in life expectancy is partly due to deaths from despair. Drug overdoses and suicide rates increased significantly from 2007 to 2017. Continue...Read More

Holdings of the metal in China's four bullion-backed ETFs reached a record-breaking 50 metric tons last monthContinue...Read More

"You may wonder how the Fed pays for the bonds and other securities it buys. The Fed does not pay with paper money. Instead, the Fed pays the sellers' bank using newlyContinue...Read More

Prices of mid-grade Brazilian fines were up on Wednesday October 30, with a Brazilian Blend fines (BRBF) cargo fetching $85.60 per tonne, although market participants saw little scope for any major correction in mid-grade iron ore prices.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $87.13 per tonne, up $0.49 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $86.95 per tonne, up $0....Read More

The better-than-expected data was due to continued strength in consumer spending as well as government spending, the department said. Continue...Read More

The GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.It claimed this will give the new group 18 million tonnes of rolled steel capacity annually, making it the eighth largest steel producer outside China, with annual sales of approximately $15 billio...Read More

Bob Moriarty of 321 Gold discusses how recent Fed actions are affecting the markets, as well as what a gold explorer's recent NI 43-101 reports means. Gold barsI just hate it when I have to admit that I was dead wrong about something as important as calling for a major crash in October. Perhaps a little whining would make it go down easier.Something very bad comes this way. Right out of the blue...Read More

Money manager Adrian Day updates developments at several resource companies, with one strong buy. Yamana Gold Inc. (YRI:TSX; AUY:NYSE; YAU:LSE) (3.65) has seen another quarter of improving operations, with earnings above expectations, mostly because of strength at El Penon. In the next quarter, expected improvement at Cerro Moro and Jacobina, should continue this trend. The company said it remai...Read More

The reasons behind this opinion are presented in a CIBC report. In an Oct. 24 research note, analyst Anita Soni reported that CIBC expects Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) "to deliver on growth in 2020, continue to generate strong free cash flow and potentially further increase its dividend."This view, Soni explained, is based on the gold producer reporting an earnings per share (EPS)...Read More

The highlights of this Canadian company's cornerstone asset are outlined in an Echelon Wealth Partners report. Lion One's Tuvatu ProjectIn an Oct. 23 research note, analyst Ryan Walker reported that his firm Echelon Wealth Partners added Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) to its Watch List after meeting with the company's management at the recent Precious Metals Summit.Lion One's flags...Read More

Iranian semi-finished steel producers have benefited from the growing demand for such materials in China, where domestic prices have surged due to government policies that have led to cuts in steel production because of environmental concerns.While customers in Southeast Asia, the Middle East and Europe became more cautious about purchasing billet and slab from Iran, fearing the consequences of th...Read More

The GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.It claimed this will give the new group 18 million tonnes of rolled steel capacity annually, making it the eighth largest steel producer outside China, with annual sales of approximately $15 billio...Read More

Ferrous scrap prices seem to have hit a bottom this year in North America, but the price spread between raw material costs - especially ferrous scrap for rebar - and the price of steel products is expected to remain at high levels, Gerdau chief executive officer Gustavo Werneck said on Wednesday October 30.According to the executive, at $502 per short ton, the United States' metal spread reached i...Read More

Stocks waffled as Wall Street monitored the FOMC's latest decision The Dow traded on both sides of the breakeven today, before eventually settling in positive territory, with all eyes on the Federal Open Market Committee's (FOMC) monetary policy decision. The central bank lowered its benchmark funds rate by 25 basis points as anticipated,and Fed Chair Jerome Powell said that inflation would need t...Read More

The broader stock market is struggling for direction after the Fed decisionThe broader stock market is mixed after the Fed cut its key interest rate, as expected, but struck a hawkish tone in its forward-looking statement. Among individual names making notable moves are central nervous system specialist Seneca Biopharma, Inc. -- formerly Neuralstem, Inc. (NASDAQ:CUR) -- sporting goods retailer Big...Read More

MAT has added 27% off its late-August lowsIt's been a volatile week for Mattel Inc (NASDAQ:MAT). After a 6.5% drop last Tuesday, the shares are up 13.2% to trade at $13.20 today after the company reported a third-quarter revenue beat, seemingly brushing off any impact from tariffs. The toy company also also resolved the recent accounting probe stemming from a whistleblower report from August. In...Read More

Both stocks are trading near historically bearish trendlinesLincoln National Corporation (NYSE:LNC) is due to report earnings after the market closes today, Oct. 30. The insurance stock shed 8.4% the day after the firm's last report, and one reliable technical signal suggests another post-earnings sell-off could be in LNC's near future.Taking a quick step back, LNC stock bounced from a seven-month...Read More