If you ask me, facial recognition technology is getting a bum rap.It's almost like every headline I see is a fear-inducing scare-piece about how some dark entity is going to steal your face.What they're going to do with it, I don't know.I mean, I hate to break it to the people behind these stories, but the government already has my picture.The state of Maryland gets a freshly-updated photo every t...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rebounded Tuesday and finished up nearly 300 points, one day after the major indexes posted their worst day of the year. China pegged its yuan inside the 7 mark after the Treasury labeled the country a currency manipulator. Take-Two Interactive Software (TTWO - Get Report) rose after the videogame...Read More
Aluminium premiums were largely stable in the global markets in the week ended Tuesday August 6, except in the US Midwest, where a lack of demand pushed the premium downward. US Midwest premium falls to lowest since March MJP premium stable but some lower deals heard due to financial year-end stock clearing European market flat with activity expected to resume later this month.US Midwest premium s...Read More
A summary of base metals premiums from across the globe for the week to Tuesday August 6. Please click...Read More
Bob Moriarty ArchivesAug 6, 2019In late 2008 during what is now referred to as the Great Financial Crisis, government and financial managers had an opportunity to reset a badly out of balance dysfunctional banking system. It would have required pain from bank bondholders, shareholders and taxpayers in general. Everyone recognized the banks were burning down, seemingly out of control.We should have...Read More
UC Rusal has suspended operations at Russia's biggest alumina plant in Achinsk due to a series of blasts at a Russian military base nearby, sources close to the matter told Fastmarkets on Tuesday August 6.Market participants said that a fire broke out at a nearby military base and an explosion was heard, which led Rusal - the largest aluminium producer outside China - to suspend its operations at...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday August 6 that are worth another look.Lithium producer Orocobre and joint-venture partner Toyota Tsusho Corp have started construction on what will be the first lithium hydroxide plant in Japan. UC Rusal has suspended operations at Russia's biggest alumina plant in Achinsk due to a series of blasts at a Russian military base...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 6, 2019 Is China a currency manipulator?For one possible answer to this question, please click here now. My view is almost identical to Kyle’s; China’s government is manipulating its currency... higher! Trump’s tariff tax obsession may be somewhat comical, but it is c...Read More
Markets were reeling yesterday amid increased trade tensions as the yuan fell below the psychologically-significant 7 per US dollar mark in response to further proposed tariffs.However after the US labelled China a currency manipulator, the People's Bank of China set the daily currency fixing stronger than analysts expected and announced the planned sale of yuan-dominated bonds in Hong Kong, Bloom...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday August 6 that are worth another look.Lithium producer Orocobre and joint-venture partner Toyota Tsusho Corp have started construction on what will be the first lithium hydroxide plant in Japan. UC Rusal has suspended operations at Russia's biggest alumina plant in Achinsk due to a series of blasts at a Russian military base...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry is pleased to announce that it has advanced a second tranche of capital of US$875,000 further to its Royalty Agreement with QVI, Inc. which stands for, Quality, Value, Integrity, doing business as "The Galley", a cannabis infused product manufac...Read More
Switzerland-based commodities trader Werco Trade has hired metal concentrates trader Theresa Nepote as part of a push to expand the company's commercial capabilities, it said on Tuesday August 6.Nepote will join Werco as a senior trader, enabling the company to diversify into additional markets, the company said. She most recently traded zinc, lead and copper concentrates at Bluequest Resources an...Read More
WAF plans to begin development of what it describes as "the highest margin gold project in construction in West Africa" early next year.Read More
Police allege the man was involved in a false billing scam, sending out unsolicited office supply invoices totalling A$11.1 million between 2011 and 2019. The woman approved payment for office supplies in exchange for gift vouchers or electronic devices. The office supplies were allegedly sold at "significantly inflated costs", WA Police told www.miningnews.net, and were never received.&...Read More
Porgera's current lease expires on August 16.Barrick said on Friday the country's National Court had ruled the provisions of the 1992 Mining Act applied to Porgera, which meant the mine could continue operating while its application for a 20-year extension was being considered. The mine is operated by Barrick Niugini, a joint venture between Barrick and Zijin Mining, and Mineral Resources Eng...Read More
UC Rusal has suspended operations at Russia's biggest alumina plant in Achinsk due to a series of blasts at a Russian military base nearby, sources close to the matter told Fastmarkets on Tuesday August 6.Market participants said that a fire broke out at a nearby military base and an explosion was heard, which led Rusal - the largest aluminium producer outside China - to suspend its operations at...Read More
Craig HemkeSince late May, the price of COMEX Digital Gold has been on a tear with a rally of over $200. Will this surge continue? Perhaps more importantly, can this surge continue?First of all, and so that we're on the same page, none of this should come as a surprise to regular readers. Since last November, we've been stating that 2019 would show the best gains for the precious metals since 20...Read More
1. Is China a currency manipulator? For one possible answer to this question, please click here now. My view is almost identical to Kyle's; China's government is manipulating its currency... higher!2. Trump's tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China's currency. That's because foreign and domestic investors are moving significa...Read More
GoldCoreGold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S.Gold in USD - 10 Years - GoldCore.comGold surged as much as 2% in dollars yesterday and has consolidated on those gains today. It is gold's highest level in dollars in more than six years (see chart) and gold reached all time record highs (...Read More
By Avi GilburtFor weeks, if not months, I have been reading one bearish bond article after another. In fact, many of these same writers have been arguing with me for months about the bond rally I expected back in November of 2018. One suggests that this rally is really a "fake," whereas another has been strongly suggesting that investors fade this rally, with many more supporting their opini...Read More