Demand for flat steel in Turkey failed to improve in June even after the United States halved its import tariffs for Turkish steel to 25%, market participants told Fastmarkets.And local producers have now filled their order books until late August, they said on Wednesday July 3. Turkish steel prices started to rise on May 17 after US import duties of 50% introduced in August 2018 were cut to...Read More
Japan closed all 76 of its gold mines during World War II and reallocated personnel to base metal mines and factories. After the war, it only re-opened 12 of the mines, leaving the other 64 closed to this day.It wasn't until 2012 that Japan allowed foreign mining companies to come to its shores for the first time in its history.That's when entrepreneur John Proust formed Japan Gold (TSXV: JG; US-O...Read More
Become a GWK Exclusive Member: https://www.youtube.com/channel/UCrkf...**FOLLOW KEV ON INSTAGRAM** http://www.instagram.com/kevinedwardsjrHelp me reach 4,700,000 subscribers! Click here to subscribe! ?-? https://goo.gl/1ldLPxSubscribe to GamingWithJaden: https://goo.gl/kPNdf9Subscribe to GoKameronGo: https://www.youtube.com/channel/UCE4_...Subscribe to GamingWithLalo- https://www.youtube.com/user/...Read More
The S&P500, Dow Jones and Nasdaq rose as US data pointed to slowing economic growth, fuelling hopes of further interest rate cuts.Gold rose back over US$1,400 an ounce and was worth close to US$1,419/oz on the spot market earlier.The world's biggest gold miner Newmont Goldcorp (NYSE: NEM) touched a one-year high intraday and closed up 0.8%.Iron ore has continued to rise, to $127.15 per tonne f...Read More
It is understood they were trapped for about 24 hours after the service shaft at the Cory mine stopped operating on Tuesday afternoon.The mine was in a planned maintenance shutdown, according to reports."All 34 miners are safe and have access to water and food," the United Steelworkers union tweeted while the group remained underground.Nutrien spokesman Will Tigley told local media late Wednesday...Read More
The new company, Metso Outotec Corporation, will be run by current Metso CEO Pekka Vauramo with Outotec chief Markku Terasvasara deputy CEO along with CFO Eeva Sipila.Metso Minerals, the dominant business of Metso Corporation, was the world's ninth biggest METS company in Mining Journal's 2019 Global METS Investment Report, which had Outotec ranked at No.17.The projected €4.2 billion combined...Read More
Mining Journal sister title MiningNewsNet understands there are protestors and some temporary ‘boom gates' along the roads, but they have not impeded operations at the underground mine. MNN was unable to verify claims that vehicles are unable to travel to and from the site. It is not the first time environmental activist alliance, the Kalikasan People's Network for the Environment,...Read More
Our home is overrun with family today.Aunts, uncles, grandparents, mothers, fathers, and a gaggle of kids running around the yard, playing tag and climbing trees.We have plenty of beer in the fridge, most of it from a local brewery, but I threw a six-pack of Coors Light in the back for my uncle who refuses to drink "fancy beer."We'll nosh on hamburgers, Polish sausages, homemade sauerkraut, and pl...Read More
Dr. Ron Paul & Chris Waltzek Ph.D. - July, 2nd, 2019.* Mp3.HighlightsFounder of The Ron Paul Institute for Peace And Prosperity returns to the show with his case for restoring a gold-backed US dollar. In the Ron Paul Liberty Report last month, Dr. Paul noted, "The Fed Can't Save Us, But Gold Can," in response to the new rate cut cycle.He outlines how this event could mark the beginning of...Read More
In this episode of the Keiser Report from San Francisco, Max and Stacy discuss bitcoin as the ultimate safe haven in the days of central bank madness. They also discuss the conspiracy theory turned conspiracy fact as Merrill Lynch admits to manipulating precious metals markets with spoof trading.In the second half, Max interviews Randy Brito from LochaMesh bringing mesh net to bitcoin communities...Read More
With all the white noise on July 4th - tanks and flyovers, speeches - it can be easy to forget exactly what we are celebrating. In this special edition of the Liberty Report, Ron Paul explains his favorite part of the Declaration and why...Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York...Read More
Jordan Roy-Byrne the show for a general discussion on the gold market. We start with some of the technical factors, that while overbought, are a longer term positive sign for the bulls. We also address the recation in the stocks and weigh what it all means with US markets heading to all time highs with gold breaking out.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Marke...Read More
The gold and silver markets rarely get much love on Wall Street and from the average investors who only listen attentively to what CNBC and stock brokers have to say.Nearly a decade of underperformance in the metals markets certainly isn’t helping draw attention. Recently, the gold market started to move, and the rising price has thus far gone mostly unnoticed.Everyone is watching the equity...Read More
When last we left the 3 Metallic Amigos… I can’t remember the detailed individual statuses and am too busy to go read the post. They were something like borderline hysterical gold, attractive silver and bouncing (but not yet bullish) copper. So here’s today’s update on these Amigos.Gold is testing the high today after not even pulling a 38% Fib retrace. A real bull market...Read More
On Tuesday, July 2, 2019, the price of Crude Oil fell over -4.5% on continued expectations of global economic weakness and supply gluts. We found this interview rather interesting because it attempts to suggest a narrative that ignores Iranian issues while pushing the supply side fundamental for the current price decline (Source: CNBC).Back on May 21, 2019, we shared a post that is still ver...Read More
I would like to start out this Report by looking at a long term monthly chart for the GDX. The multi year bear market actually began in September of 2011 at the head portion of the 3 1/2 year H&S top. The H&S top actually began to form in September of 2009 and ended in February of 2013 when the price action broke below the neckline. From that point the GDX declined for the next three years...Read More
Technical analyst Clive Maund charts the reasons why the recent gold breakout is genuine. It has been a truly glorious month for gold, and the purpose of this update is to point out firstly that the gold breakout of the past week was genuine and secondly that any short-term reaction back as far as $1,380 or even $1,370 will not negate the breakout—instead it should be seized upon as an oppor...Read More
Technical analyst Clive Maund discusses why he believes silver is amazingly cheap and a sure sign that a major precious metals sector bull market is starting.We have already been over the reasons why a major precious metals (PM) sector bull market is starting, and remarked on how undervalued silver is compared to gold, and how this is typical at the start of a major sector bull market. But it is w...Read More
Dr. Ron Paul & Chris Waltzek Ph.D. - July, 2nd, 2019.* Mp3.HighlightsFounder of The Ron Paul Institute for Peace And Prosperity returns to the show with his case for restoring a gold-backed US dollar. In the Ron Paul Liberty Report last month, Dr. Paul noted, "The Fed Can't Save Us, But Gold Can," in response to the new rate cut cycle.He outlines how this event could mark the beginning of...Read More
Yesterday’s oil session was indeed heavy on action. The initial upswing gave way to a reversal lower, leaving black gold to close almost unchanged. Well, it finished a bit lower than it opened the day actually. Does this signify something important? That important that it would make us act? You bet – let’s dive in to the juicy details.Let’s take a closer look at the chart b...Read More