Seaborne iron ore prices rose on Tuesday July 30 on news that production restrictions on steelmakers in northern China over August are likely to be relaxed. Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $119.61 per tonne, up $1.62 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $119.53 per tonne, up $1.62 per tonne. Fastmarkets' index for iron ore 6...Read More
Intense buying from Chinese speculators and foreign traders over the past two weeks is unlikely to cause China's cobalt metal market to slip into a significant supply deficit in the near term, market participants told Fastmarkets.Steady production of cobalt metal in China amid weak downstream consumption during the slower summer months and extensive importing have limited the effect that recent st...Read More
JOIN THE BAMFAM LIGE NU: https://www.youtube.com/channel/UCsMQ... - CLICK HER#ROADTO20KVelkommen tilbage CK BAM og TheBAM FAM!! Subscribe og kommenter " Har joined The Bam Fam " For officielt at v??re en del af BAM FAM!!Emmanuel's Instagram:https://www.instagram.com/emmanuelayi...Mine Sociale Medier:Instagram: @CK BAMSnapchat: @Cedrikkhader28Read More
Trump also criticised China and said the US had "all the cards" as trade negotiations get underway this week.Bloomberg noted China's "marginal improvement" in PMI data was no reason to be optimistic about global equities.US and European market futures were pointing higher but Australasian markets were lower in afternoon trade.Spot gold had reached a fresh high in Australian dollar terms earlier of...Read More
Three Australian potash-project developers have been recent stars on the ASX with their share prices close to doubling since the start of the year and, in one case, almost doubling over the pastRead More
Metso said this week Kirsch, who ran its mining business in Australia for about a year, had also joined its executive group. Victor Tapia is leaving the company and vacating the mining equipment presidency, but will "take on another internal assignment" in the meantime.Nasdaq Helsinki listed Metso had sales of about EUR3.2 billion in 2018. The company employs more than 14,000 people in over 50 cou...Read More
"Following an extensive search operation, the victim's body was discovered in the Ahafo mine's mining area and recovered late Friday, 26 July," the company said.It said four other security guards were injured during the confrontation on Thursday."We are supporting our security provider in its efforts to assist the injured as well as the family of the deceased," acting regional senior vice presiden...Read More
You have to love it when a plan comes together.For the Saudis, it was a question of how on earth they could deal with the booming Permian Basin.To put it lightly, the U.S. oil industry was a thorn in the side to Saudi Arabia.This year, however, a revelation came to light regarding Saudi Arabia's pride and joy - the Ghawar oil field - that was even more harmful to the House of Saud.For decades, rou...Read More
- Dave KranzlerRegardless of the Fed Funds rate policy decision by the FOMC today, the economy is spinning down the drain. Lower rates won't help stimulate much economic activity. Maybe it will arouse a little more financial engineering activity on Wall Street and it might give a temporary boost to mortgage refinancings. But the economic "recovery" of the last 8 years has been an illusion base...Read More
By: Ira Epstein$1,425.60 keeps the gold price bias to the upside:Read More
David Stockman appears on "Cavuto: Coast to Coast" (Fox Business Network, July 31, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner...Read More
Will Lehr of www.PerpetualAssets.com interviews Jim Willie of www.Golden-Jackass.comJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Marc Faber looks at what the global economy and markets are telling us and the brewing global pension crisis.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham...Read More
Peter Schiff appeared on Fox business on Dec. 17th 2018, and was the first on any major financial network to accurately predict that the Fed's rate hike two days later would be the last hike of the cycle, and that their next move on rates would be a cut. At the time he made that forecast, no other guest or anchor believed he was correct. He also predicted that the rate cut would be a mistake, and...Read More
"I think that Trump is likely to lose the next election because I think the U.S. economy can easily be in recession."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, an...Read More
My God, if you're three years old and you're saying you're feeling a certain way or you think you're a boy or a girl or whatever the case may be, I Continue...Read More
Despite the finger-pointing and outcries of dismay from those who are watching the government discard the rule of law at every turn, the question is not whether Continue...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Michael Oliver provides his usual valuable insights into the financial markets.Read More
Doug Noland, currently Portfolio Manager for the Tactical Short Strategy at McAlvany Wealth Management, talks about timing for shorting markets.Read More