October 29, 2019 - Today marks a significant step in the unprecedented First Nations-led Wataynikaneyap (Watay) Power Transmission Project to connect remote First Nation communities to Ontario's power grid.With a projected completion date by the end of 2023, the Watay Power Project will be the largest Indigenous-led infrastructure project in Canada, and most far-reaching First Nations grid connect...Read More
I was a dead man. We were going 130 miles per hour. My date was passed out, head lolling above a cloud-like mauve dress as we launched south on Interstate 87 in the backseat of a Buick Grand National. Empty wine coolers rolled on the floor.It was prom night, and we had left Saratoga in a jovial mood, but things had taken a dark turn as Scot in his dad's Fiero kept edging us faster from the next la...Read More
Export prices for hot-rolled and cold-rolled coil from the Commonwealth of Independent States continued to fall during the week ended Monday October 28, although market sources told Fastmarkets they doubted the market could decline much further. Fastmarkets' price assessment for steel HRC export, fob Black Sea, CIS was $360-375 per tonne on October 21, down from $375-385 per tonne a week ear...Read More
High-Purity Quartz Ltd (HPQ), who is exhibiting and presenting at IMARC 2019, is aiming to be a new entrant into the global high-purity quartz-sand market, with near term plans to join a very limited group of High-Purity quartz-sand producers to supply manufacturers of ultra-High-Purity applications, such as optics, Solar PV wafers and Semiconductor wafers. HPQ Ltd will export its products under a...Read More
A new Singapore Steel Forum will kick off for the first time next year as part of Singapore Iron Ore Week (SIOW) 2020.Fastmarkets will drive the forum together with the Singapore Exchange (SGX) and Enterprise Singapore as part of an expanded SIOW, which will be held on May 18-21 2020 at Sands Expo & Convention Centre. The Singapore Steel Forum will be held on May 20 and will include global steelma...Read More
Chinese steelmakers kept their export offers for hot-rolled coil unchanged on Tuesday October 29 amid a stable domestic market.DomesticEastern China (Shanghai): 3,500-3,520 yuan ($495-498) per tonne, unchangedNorthern China (Tangshan): 3,500 yuan per tonne, unchangedSteady demand kept domestic prices unchanged during the day.A Shanghai-based trader thinks demand will be sustained for several days...Read More
Import prices for steel billet in the United Arab Emirates increased over the past week, while domestic and import rebar values decreased, market sources said on Tuesday October 29.Domestic prices for rebar for the month were announced by the country's producers on October 21. Both Emirates Steel and Conares Steel kept their prices unchanged.Billet importsOne billet booking was made from Oman at a...Read More
A new Singapore Steel Forum will kick off for the first time next year as part of Singapore Iron Ore Week (SIOW) 2020.Fastmarkets will drive the forum together with the Singapore Exchange (SGX) and Enterprise Singapore as part of an expanded SIOW, which will be held on May 18-21 2020 at Sands Expo & Convention Centre. The Singapore Steel Forum will be held on May 20 and will include global steelma...Read More
Clint Siegner Americans hated it when the Federal Reserve handed trillions of dollars to crooked Wall Street banks following the 2008 Financial Crisis. Politicians were confronted about the merits of central banking and bailouts.For the first time in history, college students were chanting "End the Fed" at campaign rallies as Ron Paul took the central bank to task during his presidential campaig...Read More
By: Robert LambourneThe Bank for International Settlements has just published its statement of account for September and it indicates that the bank continues to trade gold swaps. The BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. But recent swaps remain at much-reduced levels compared to the second half of 2018.There is not enough information in t...Read More
Stewart Thomson 1. The GOAU ETF continues to showcase the most impressive technical action in the entire precious metals ETF sector.2. Please click here now. Double-click to enlarge. A bull wedge breakout with a pickup in volume is in play.3. Gold has been reacting negatively ahead of recent FOMC meetings, and that's the case this week.4. The pullb...Read More
By: Ira Epstein Gold is not trending, gold in a stall area. Momentum has flattened out, Gold hit the upper Bollinger band hit and failed, as expected:Read More
To repeat: AAPL is the only stock we need follow closely to know whether a major top looms for the bull market. The logic is simple: Because Apple is the most valuable company in the world, its shares top institutional investors' must-own list. Furthermore, as long as those who make their living throwing Other People's Money at a dozen or so stocks continue to throw the lion's share of it at AAP...Read More
China's domestic rebar prices retreated on Tuesday October 29 due to softening demand from the construction sector. Eastern China (Shanghai): 3,610-3,640 yuan ($511-516) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,580-3,620 yuan per tonne, narrowed downward by 10 yuan per tonneConstruction activity in northeastern China is falling gradually along with the onset of colder weather,...Read More
For Part 1 of this interview, CLICK HEREPart 2 answers the question "What will the Fed and the government do to try and keep these bubbles inflated?" Strap in because all options are not only on the table...they are highly likely. QE4, negative interest rates, currency wars, and plain old jawboning - they're all here, right now. So, should you buy gold in 2020?Michael Maloney is a precious metals...Read More
For the written transcript go to: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. H...Read More
The fundamental case for precious metals has never stronger. Earlier in the year the technical case became overwhelming and we saw major price increases in gold and silver. Now the market is taking a breather, but we could well see the traditional Q4 rally could take prices much higher. There have been persistent rumors about a coming silver shortage, but David is unconvinced. But that doesn't mea...Read More
Time Stamp References:0:40 - Outlook for bonds and the G20.3:10 - Gold discoveries and jurisdictions.6:50 - Franks get in front of the herd strategy.10:40 - Favorite mentor and author.13:30 - How to outperform in this market.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshor...Read More
"There are some management teams that are good at adding value at the drill bit, at exploration. If they are good at exploration, I'd sort of prefer that they do exploration. There are other management teams that are good at taking over underperforming assets and tuning them up. I prefer that they do that. There other management teams who are superb capital market operators and I would prefer they...Read More