Prices in the major global markets for steel billet continued to rise during the week ended Friday December 6, but buying was slower than the previous week because most mills were fully booked.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $278.98 per tonne on December 6 compared with $266.08 per tonne on November 29."Suppliers have already s...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 6 that are worth another look.Sir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange's chairman, he told Fastmarkets in an interview, but the open outcry system will remain for...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 6 that are worth another look.Sir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange's chairman, he told Fastmarkets in an interview, but the open outcry system will remain for...Read More
Seguridad, la gran asignatura pendiente en M?(C)xico, todos los d?-as se dan a conocer casos de violencia que amenazan con descarrilar el proyecto de Gobierno de L??pez Obrador. COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https...Read More
Gold rallied about 1% in the past week, closing at a nearly one-month high of $1,484 an ounce on Tuesday. As a result, the majority of gold stocks shot up. Leading the way were Harmony Gold (NYSE:HMY), Sibanye-Stillwater (NYSE:SBGL), and Coeur Mining (NYSE:CDE), which all rallied around 10% on the same day. The TSX posted nine new 52-week highs and no new lows. 2019 has been an eventful year for...Read More
All the signs are pointing in favour of a slow and steady uptick in the price of gold. Consolidation in the gold price has been taking place since November, after a multi-month period of price gains in August and September. Heading into mid-December, the price of gold is hovering around the $1,470 mark, with a 6-month performance (USD) of 10.20%, or $136.40. Over the past 1 year, gold has advance...Read More
All the signs are pointing in favour of a slow and steady uptick in the price of gold. Consolidation in the gold price has been taking place since November, after a multi-month period of price gains in August and September. Heading into mid-December, the price of gold is hovering around the $1,470 mark, with a 6-month performance (USD) of 10.20%, or $136.40. Over the past 1 year, gold has advance...Read More
The Brisbane-based company, which also listed in Toronto, raised the minimum A$5 million sought in its $7.5 million IPO, lead managed by Shaw and Partners.Read More
The company initially reported five workers trapped by fallen rock 1,350m below the surface on Friday afternoon.Read More
'Da Boyz' Appear at 8:30 a.m. in New York (First published on: 07 December 2019 -- Saturday) - Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price traded flat up until 2 p.m. China Standard Time on their Friday afternoon -- and then got sold a bit lower for the next forty-five minutes or so. It began to creep quietly and mostly evenly higher until the jobs report came o...Read More
- Dave KranzlerPressures are already building on the financial stability front that will make the next economic downturn messier than anticipated." - Bill Dudley, former President of the NY FedI get irritated when I see mainstream media and alternative mainstream media parroting the propaganda used to cover up the truth. This morning Zerohedge echo'd the "corporate tax payments liquidity sq...Read More
StrengthsThe best performing metal this week was palladium, up 2.04 percent as hedge funds increased their net-long position in the futures market to a five-week high. Gold traders and analysts are mostly bullish going into next week in the Bloomberg survey amid mixed signals over progress in the U.S.-China trade war. The yellow metal climbed sharply early in the week after President Trump sai...Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessDecember 2019"Gold is set to join the all-time-highs club." - Mike McGlone, Bloomberg IntelligenceWhat we said then. What we say now.Michael J. Kosares, USA Gold- REVIEW & OUTLOOK -January 2019 headline article -Will 2019 be the year of the big breakout for gold?WHAT WE S...Read More
"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."What the heck did John Maynard Keynes mean by saying this? Overturning the existing basis of society?! Let's begin by sta...Read More
By: Ira EpsteinGold's monthly momentum turning down. At the moment stepped out of the uptrend, but a bullish crossover..Read More
Look at US economy in totality and not just the job creation. Job creation has to be supported by other factors like consumer spending, confidence among other factors. Christmas and early January is a global cyclical period of high consumption and hence higher jobs. US job market and global jobs market on or from February of next year will be the key. December-January trend in global jobs market...Read More
Stable Prices, SometimesDeaths of DespairRadical SolutionsIt's All Relative...Angst-Ridden VotersAccording to the dictionary, the word angst refers to "a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general." It comes from a German word for "fear."Two weeks ago I referred back to my 2017 Angst in America series. "Deep anx...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Dozens of countries around the world are seeing massive social unrest. The foundation of the movement is freedom and income inequality. No more central planning and no more government control over individuals. The people in Hong Kong are fighting for their lives. Gerald explains why the Chinese have not shut down HK's massive civil unrest. In Spain it's Catalonia. The list goes on and on. All arou...Read More