With bond yields at historical lows, and even negative in some parts of the world, investors are navigating uncharted waters, and gold demand could see a surge, says Rick Rule, CEO of Sprott U.S.If you have mean reversion in terms of gold and gold-related equities, you will see between triple to quadruple demand in precious metals and precious-metals related assets," Rule told Kitco News on the si...Read More
For Part 1 of this interview, CLICK HEREMax continues his talk with Egon von Greyerz of GoldSwitzerland.com about value investors like Warren Buffett sitting on huge piles of cash while passive index funds gobble up the market. They also discuss the latest in the gold market.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presen...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
The news that investigative journalist Glenn Greenwald has been charged with cyber crimes in relation to his reporting on Brazilian government corruption raises serious concerns thatContinue...Read More
A devastating series of research papers has just been published, revealing that human activity can account for no more than a .01 ?C rise in global temperatures, meaning that Continue...Read More
Ray Dalio, founder of Bridgewater Associates, joined CNBC's "Squawk Box" at the World Economic Forum in Davos on Tuesday to discuss what he's watching in the markets for 2020. When asked what investors should buy to protect themselves from the inevitable stock market volatility coming down the pike, Mr. Dalio made the following comments:"You can't jump into cash - cash is trash...because they're g...Read More
When people talk about empires of the past, they generally mean Rome and Britain. But the biggest and in some ways most interesting empire was built and run by the Mongols in the 13th and 14th centuries. Continue...Read More
Paul Tudor Jones, chairman of JUST Capital and chief investment officer of Tudor Investment Corporation, told "Squawk Box" at the World Economic Forum in Davos that the stock market today is reminiscent of the latter stages of the bull market in 1999 that saw a giant surge that ultimately ended with the popping of the dotcom bubble."We're in the craziest monetary and fiscal mix in history; it's so...Read More
The US Centers for Disease Control and Prevention will announce later today that the first case of the Wuhan coronavirus has been discovered in the United States, in Washington state.Continue...Read More
Domestic and import prices for steel rebar and billet in the United Arab Emirates increased over the past week, with most buyers' orderbooks filled until late February, market sources said on Tuesday January 21.Steel rebar and billet prices increased in line with the price hike initiated by local UAE rebar producers, who announced higher prices in December 2019 because of strong demand a...Read More
Brazil has charged American journalist Glenn Greenwald with cybercrimes after claiming he is part of a "criminal organization" that hacked into the cellphones of several prosecutors to expose corruption in the country.Continue...Read More
Share prices on the major US exchanges are hitting all-time highs at the same time that both the number and percentage of companies that do not make any money at all are rising.Continue...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
China's domestic rebar prices were flat amid weak demand on Tuesday January 21, though production costs provided some support to the market. Eastern China (Shanghai): 3,640-3,670 yuan ($528-533) per tonne, unchangedNorthern China (Beijing): 3,540-3,560 yuan per tonne, unchangedThe net profit of integrated mills - which are major rebar producers - has been hovering around 50 yuan per tonne in the p...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
The Minas Gerais state prosecutors' office, MPMG, has charged miner Vale, consulting company T?oeV S?oeD and 16 people - including former Vale chief executive Fabio Schvartsman - for homicide and environmental crimes, according to a document made public on Tuesday January 21.The charges are related to the disaster in Brumadinho on January 25, 2019, when the rupture of a tailings dam in Vale's C??r...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
China's steel refining and rerolling industry's capacity utilization rate was 80.2% in the fourth quarter of 2019, above the national industrial average of 77.5%, according to figures from the country's National Bureau of Statistics (NBS) released on Friday January 17.The country's industrial capacity utilization rate of 77.5% was 1.5 percentage points higher than the corresponding period a year e...Read More
The Minas Gerais state prosecutors' office, MPMG, has charged miner Vale, consulting company T?oeV S?oeD and 16 people - including former Vale chief executive Fabio Schvartsman - for homicide and environmental crimes, according to a document made public on Tuesday January 21.The charges are related to the disaster in Brumadinho on January 25, 2019, when the rupture of a tailings dam in Vale's C??r...Read More