Since Federal Reserve resources were barely able to prevent complete collapse in 2008, it should be expected that an even larger collapse will overwhelm the Fed's balance sheet.Continue...Read More

The ferro-tungsten market in Europe fell by 9.9% to a two-month low in the first half of this week, with the spread of the Covid-19 pandemic continuing to reduce demand for tungsten products.Fastmarkets' assessment of the price for ferro-tungsten, basis 75% W, in-whs dup Rotterdam, dropped to $31.50-32.50 per kg on Wednesday March 25, down from the previous week's assessment at $35-36 per kg. The...Read More

Bob Moriarty of 321gold predicts a depression that is going to turn the world upside down. We entered a depression that is going to turn our world upside down. Before it ends the general stock market will be down 85-92%, banks will close and governments fall. People still do not realize the impact of the coronavirus. It will kill tens of millions of people in the world before it fades away. It wi...Read More

Why it is a good time to get into Lundin Gold stock and the company's major move in response to COVID-19 are covered in an Echelon Wealth Partners report. In a March 23 research note, Echelon Wealth Partners analyst Ryan Walker wrote that the big recent pullback in Lundin Gold Inc. (LUG:TSX; FTMNF:OTCMKTS) stock "represents an excellent entry point as we look for the company to recapture the lost...Read More

What makes Kirkland Lake Gold a compelling investment and its areas of focus in 2020 are presented in a CIBC report. In a March 18 research note, analyst Cosmos Chiu reported that CIBC upgraded Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) to an Outperformer rating from Neutral because "the protracted weakness in Kirkland Lake Gold's share price has created an attractive entry point."Chiu highlighted...Read More

Seabridge Gold reports that it expects the technical report update on one of its B.C. projects to be completed as scheduled, in 30-45 days. In a news release, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced how it is moving forward in the wake of the coronavirus pandemic. For one, the Toronto-based company is switching to virtual interactions by eliminating in-person meetings and business tr...Read More

Gold Standard Ventures has filed an updated preliminary feasibility study for its wholly owned and managed Dark Star and Pinion oxide gold heap leach project in Elko County, Nevada. North Dark Star Deposit with Newmont's Emigrant Mine in the distanceIn a news release, advanced stage gold exploration company Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced that it has "filed its update...Read More

Technical analyst Clive Maund considers the opportunities posed by recent market and fiscal news. In recent days the Fed has made it plain that it is prepared to buy anything and everything to prevent imminent total collapse, and you don't have to join many dots to see that this will extend to buying stocks. It's not that hard for them all they have to do is enter a few keystrokes, add a few 0s a...Read More

Stocks shrugged off historically high jobless claimsThe Dow picked up its third straight win today, the first time it has done so since Feb. 6. The blue-chip index once more sprinted across the finish-line today and has now gained over 20% in the last three days. The S&P 500 and Nasdaq both finished comfortably in the black as well,shaking off an ugly weekly jobless claims report while traders an...Read More

There will also be updates on the coronavirus outbreak to monitorIt will be April next week, with many investors probably hoping April Fools Day erases the last two months on Wall Street. There's plenty to unpack, as Wall Street continues to slog through a coronavirus-induced slowdown. Jobs data will take center stage, with the ADP employment report on Wednesday and nonfarm payrolls data capping...Read More

Slack Technologies has gained 9,000 customers so far in MarchSlack Technologies Inc (NYSE: WORK) is up 10.9% to trade at $28.72 at last check. This comes after the news that so far in March, the average use of the team communication tool has increased by 20% and gained 9,000 paid customers. The pandemic pushing people to work remote has attracted much more attention to Slack, and in the past week...Read More

Cronos is expected to report earnings next MondayWith its quarterly earnings report due out after the close next Monday, March 30, options bulls have started paying attention to marijuana concern Cronos Group Inc (NASDAQ:CRON). So far, 29,000 calls have crossed the tape, which is double what's typically seen at this point, compared to 2,916 puts. Most of this bullish attention is being focused at...Read More

ArcelorMittal Nippon Steel India (AMNS India) is the latest steelmaker in the country to confirm it is reducing production rates due to the Covid-19 coronavirus lockdown in the country."AMNS operations are running at very low capacity, with minimum staff inside its facilities," a company spokesperson told Fastmarkets on Thursday March 26 without revealing details on which units had been&...Read More

Online gambling isalready a huge market and if predictions are anything to go by, it’s only goingto get bigger. In 2017, roughly $45.8 billion was spent by people gambling atonline casinos, sportsbooks and other sites. By 2024, that figure is expectedto rise to a staggering $94.4 billion. There are several key reasons as to whythe market is projected to experience so much growth over the nex...Read More

Keith Weiner, Monetary MetalsHeadline's gone wild today. For example, one public gold company CEO tweeted:"Today, some banks failed to deliver physical in the COMEX bar EFP. As a result, these banks suffered large losses...There remains a big shortage in physical in the COMEX denomination. So, rumors are, the COMEX will announce a force majeure..."Ignoring his sloppy understanding of the market...Read More

Stocks are expanding their streak today as measures continue to be taken to combat the economic effects of the coronavirusWhile a record spike in weekly jobless claims put the Dow Jones Industrial Average (DJI) underwater this morning, the blue chip index has more than made up for the dip, rising over 1,000 points by the midway mark. The blue chip index is now eyeing its third-straight win, joi...Read More

There is an old saying in Hindi "Jab tak hai sona roona kaabhi nahi roona". This is means that if you and your family own lots and lots physical gold (sona), they will never face any financial hardship in life. Forget the dash for cash. It is now the dash for physical gold. It is the dash for physical silver. You cannot buy gold. You can buy physical silver. Indians can buy silver July futures....Read More

Member mills of the China Iron & Steel Association (Cisa) increased their steel and hot-metal output rates from the preceding nine days in mid-March but mills' inventory of finished steel dropped sharply, according to data released late on Wednesday March 25.March 11-20 outputCrude steel: 1.84 million tonnes per day, up by 1.55%Finished steel: 1.76 million tpd, up by...Read More

Turkish carmakers Oyak Renault, Toyota Motor Manufacturing, Mercedes-Benz T? 1/4 rk and Ford Otosan have all announced production stops this month because of concerns about the spread of novel coronavirus (2019-nCoV)."We [will] gradually and temporarily suspend most of our operations as of March 26, 2020, in Oyak Renault automotive factories. [A] production resumption date will be shared again acc...Read More

No less than three analysts have cut their price targetsTarget Corp (NYSE:TGT) is pushing through bear notes today, up 2.6% to trade at $93.44 this morning. Yesterday, Target withdrew its first quarter and fiscal year forecast due to the pandemic and delayed its remodeling to help with supplies for those who need it. Today, no less than three analysts have cut their price targets -- the lowest co...Read More