Image from White & Case. Global law firm White & Case has released the results of its fourth annual survey on mining and metals, identifying trade and ESG issues as the industry's top concerns for 2020.White & Case surveyed 64 senior industry decision-makers on an array of topics, including key risks for 2020, what ESG areas will be most scrutinized, which metals will do best and the level of M&A...Read More
Jan 20, 2020 Guest(s): Patrick Ceresna Founder & Chief Derivative Market Strategist, Big Picture Trading Gold prices are on track for another rally into the $1,700 an ounce price range on the back of frothy equity markets, this according to Patrick Ceresa, founder and chief market derivatvies strategist at Big Picture Trading. "I feel that generally, the bull trend for gold is intact as long as...Read More
Bob Moriarty ArchivesJan 20, 2020Metals other than gold have finally gotten their wakeup call. Last week rhodium shot up to $7700 up from $575 three and a half years ago. Platinum broke $1000 to settle at $1027 and even silver was up.South Africa has gone the Zimbabwe route. They are murdering white farmers and set the price of electricity below the cost of production. Much to their great surprise...Read More
While recognising that flow-through financing, a tax-based financing incentive mechanism which allows companies to raise money at a premium to their share price, has and will continue to be a majorRead More
A surprisingly fast recovery in iron ore production by Vale, combined with increasing supply from China, and a possible rise in India, could combine to push iron ore prices downward in 2020 fromRead More
Today is Monday, January 20, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,563.80. It's up 0.42% from yesterday and up 22....Read More
Today is Monday, January 20, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of Alliance Resource Partners LP (NASDAQ: ARLP), Chesapeake Energy Corporation (NYSE: CHK), and Callon Petroleum (NYSE: CPE).Alliance Resource Partners LP (NASDAQ: ARLP)Alliance Resource Partners LP (NASDAQ: ARLP) is a $1.409 billion company today with a one-year return of -39.79%. L...Read More
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bil...Read More
An app called Clearview allows the user to snap a photo of anyone. Once that's done, the person who took your picture will have access to all of your information. Continue...Read More
Cato Institute Research Fellow Patrick Eddington recently filed several Freedom of Information Act (FOIA) requests to find out if the Federal Bureau of Investigation ever conducted surveillance of several organizations dealing with government policy, including my Campaign for Liberty. Based on the FBI's response, Campaign for Liberty and other organizations, including the Cato institute and the Re...Read More
"There's a lot of chatter within the Fed...about whether their inflation targets even make sense."Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known...Read More
Keep an eye on Europe. I do not see any way of avoiding this crisis. Politicians are too busy with other things. The free market will push rates higher andContinue...Read More
Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More
Data shows hate crimes against Black people, Latinos, Jews and transgender people hit a 16-year high in 2018. Investigative journalist Ben Swann breaks down the trend as gun-rights activists rally against proposed gun legislation in Richmond, Virginia.Read More
Palladium has soared by more than 25% in the last two weeks alone, and almost doubled in value over the last 12 months.Continue...Read More
"While the drivers of recent performance are not entirely clear-cut, we believe the surge in geopolitical tensions may have Continue...Read More
Sector expert Michael Ballanger considers the last week in the stock and precious metals markets. Ever since Sept. 19, 2008, when Hammerin' Hank Paulson appeared in front of the U.S. Congress on bended knee and begged those clueless politicians for a bailout which he did successfully the spread of moral hazard throughout the world has been a contagion that makes the Bubonic plague appear as harml...Read More
Technical analyst Clive Maund looks at the charts and finds that gold may react back before continuing to climb. At first glance gold looks like it may be about to advance out of a bull Flag, but there are a number of factors in play that we will examine that suggest that any near-term advance won't get far before it turns and drops again, and that a longer period of consolidation and perhaps rea...Read More
Technical analyst Clive Maund charts silver and predicts a small drop in the price of the metal. If gold is looking set to react back over the short to medium term, which it does, then it implies that silver, which is weaker at this stage in the cycle, is set to react back too.On silver's latest 6-month chart we can see that the fairly tight pattern that has developed over the past several weeks,...Read More
The Fed still has yet to admit that it's running another quantitative easing campaign...by Chris Marcus with Marc Faber via Arcadia EconomicsWhile the Federal Reserve still has yet to admit that it's running another quantitative easing campaign, Dr. Marc Faber of the Gloom Boom and Doom Report explained how in reality, when the Fed started QE in 2008, that was the beginning of QE to infinity.Dr. F...Read More