Key data from the pricing sessions in Asia and Europe in the week to Friday November 8. China Key drivers The antimony, MMTA standard grade II, ddp China price fell for the first time since the end of August, which was just before the price started trending upward in response to the successful auction of stocks held by the defunct Fanya Metal Exchange in early September. Some supp...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday November 8. China Key drivers Chinese silicon export market continued to gain upward momentum for the third consecutive week in response to supply tightness in the domestic market after southern Chinese refiners halted their operations due to a lack of cheap hydroelectric power during dry season which typically lasts...Read More
Bob Moriarty ArchivesNov 12, 2019White Gold is one of those companies with great partners, Kinross Gold as well as Agnico Eagle, over 1.7 million ounces in a gold resources in one of the best gold camps in Canada but can’t seem to get any respect. At the end of December of last year the shares traded as high as $1.69 but have tumbled lately to a new yearly low of $.73. I’ve said this b...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 12, 2019 It doesn’t take much downside price action to make gold investors nervous, or much upside price action to make greed appear. It’s probably true that no fever is like gold fever! To reduce these swings in emotion, my suggestion is for investors to do most of their b...Read More
There will be economic indications later this week with both the US and China set to release retail sales figures, Bloomberg noted.Metals and mining stocks were down a collective 2.7% in London yesterday, where most base metals also closed lower on the London Metal Exchange.Glencore (LSE: GLEN) closed down 3.5%.The big mover among Toronto's gold equities was Semafo (TSX: SMF), which plunged a furt...Read More
The company had forecast iron ore sales of 307-332 million tonnes following the fatal Brumadinho tailings dam disaster in Minas Gerais state in January. It had outlined iron ore production guidance of 400Mt for 2019, at its Vale Day presentation in London last December.The company then warned last month the Itabiruçu stoppage and revision of its sales plan meant iron ore and pellet sal...Read More
I spent last week in the beautiful city of Nashville, Tennessee. It was my first visit, and it was impressive. You Nashvillians should be proud.Broadway, a four-block section of honky-tonks and cowboy boot stores, was jamming out at 10:30 on a Tuesday morning. A wonderful cacophony of sound blasted through open windows and rattled around the street.I was at the MetCoke Summit 2019 to learn about t...Read More
Wealth Minerals Ltd. (TSXV: WML; OTCQX: WMLLF; SSE: WMLCL; Frankfurt: EJZN) is a lithium focused, mineral resource company, with interests in Canada, Mexico, Peru and Chile. We learned from Henk van Alphen, CEO of Wealth Minerals, that they have partnered with Rosatom, a Russian state corporation and the largest nuclear power corporation in the world, with the goal to use its resources and its tec...Read More
By: Avi GilburtThe metals market is an extremely emotional one. The highs and lows you see with metals traders are evident at each of the extremes. I think we are now approaching another extreme.Several months ago, back in early June, I notified those willing to listen that gold was preparing to "take off like a rocket-ship." To my members of ElliottWaveTrader.net, I outlined my expectations fo...Read More
Clint Siegner, Money MetalsThe recent price smash in precious metals is frustrating for goldbugs. It is even more infuriating for those who look at the fundamental reasons to own gold and silver and see prices falling anyway.That's why it's worth explaining once again the real purpose of the futures markets, where prices are set. Some recent revelations about Bitcoin futures will help.The CME la...Read More
By: Ira EpsteinFed's Powell speaking this week. Still a washout in gold, huge outflows from the market. Gold 3-days under Bollinger lower band..Read More
Gold trading volume & open interest are through the roof, and Dave Kranzler says that's because the banks are desperate to contain gold's price rise! Economic recession and depression are coming, and before long, the plunge protection team will lose control of the stock market, and they'll pull the plug when it gets to that point.Dave sat down with Half Dollar on Tuesday for a robust discussion on...Read More
For Part 1 of this interview, CLICK HEREMax continues his conversation with Gerald Celente of TrendsResearch.com about repo markets, 'balsamic smiles,' China's gold buying and Mark Carney's recent suggest that an IMF-backed synthetic cryptocurrency should replace the US dollar as a unit of account for global trade.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a fina...Read More
CLO (collateralized loan obligation) markets starting to tank. Market for risky corporate debt is softening and turning to real junk. Even the WSJ ran a story about people going even further into debt. There's ever more underwater car loans because of negative equity in the consumer's current auto. By rolling over the balance into a new loan, they're effectively paying interest on interest. How ca...Read More
Recently, there has been a parade of central bankers along with their lackeys on Wall Street coming on the financial news networks and desperately trying to convince investors Continue...Read More
Slides and Links: https://www.itmtrading.com/blog/gold-...Watch this: When Will The Jenga Economy Fall?, https://youtu.be/uCWFtvMYcv4Question 1. Jim H: You talked about the SDR/digital derivative of it being the new reserve currency. You then mention there could be a number of currencies in the SDR basket. If all currencies are fiat, won't the SDR just be another fiat?Question 2. Engels V: Assumin...Read More
"The decision will have immediate and severe consequences, exposing the firearms industry to costly and burdensome litigation." Continue...Read More
"Quite a lot of criticisms and complaints about China from President Trump in his latest speech, but hardly anything new. Similar statements of senior US officials have bored people."Continue...Read More
Hey Bernie, It's 'Medicare For All' That Would Be 'Cruel' And 'Dysfunctional' During last week's Democratic presidential debate, Sen. Bernie Sanders called the current U.S. healthcare system "dysfunctional" and "cruel." Words like that are more appropriate descriptors of the government-run healthcare systems abroad that Sanders would like to import to the United States. NOTE: President Trump share...Read More
Although gold prices have seen a slump recently, investors should not take this is as a bearish sign and instead, consider adding more of the yellow metal to their portfolio, this according to Frank Holmes, CEO of U.S. Global Investors.Holmes noted that gold stocks and gold bullion are currently underweighted in investors' portfolios. "When you look at Canada, and you look at the index and percent...Read More