Gold miner Newcrest Mining Ltd said on Thursday its gold output rose 4.2% in the...Read full newsRead More
Scientists have discovered a pair of white dwarfs that might one day produce a major gravitational wave discovery, according to a new paper.Read full newsRead More
Should investors panic over IWM underperformance?The following is a reprint of the market commentary from the August 2019 edition of The Option Advisor, published on July 26. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.If you've been following the stock market's rebound rally from its early June lows, then it's...Read More
* GRAPHIC-2019 asset returns:* Cash zinc at premium over three-month contract* Focus on U.S. Federal Reserve meeting (Adds closing prices, comment)By Pratima DesaiLONDON, July 29 (Reuters) - Copper prices rose on Mondaybefore planned U.S.-China trade talks and a flood of economicdata, while shrinking profits at Chinese industrial firmshighlighted the headwinds facing demand in the top consumingcou...Read More
Dollar strength is keeping gold stuck in its lateral trading range.Yet, gold's currency component is no longer a seriously limiting factor.Gold's multi-year high suggests the establishment of a new bull market.After a failed breakout attempt, the gold price has fallen back into the holding pattern which was established last month. While it may be frustrating for some investors that gold re...Read More
Global billet prices softened in most markets around the world during the week to Friday July 26 amid sluggish demand for finished steel products.Asian markets were an exception, however, with billet prices going up slightly in Southeast Asia and China as well as in Iran, which mainly supplies material to the Asian region.Southeast Asia, Iran, ChinaAlthough billet prices in Southeast Asia were pre...Read More
Global billet prices softened in most markets around the world during the week to Friday July 26 amid sluggish demand for finished steel products.Asian markets were an exception, however, with billet prices going up slightly in Southeast Asia and China as well as in Iran, which mainly supplies material to the Asian region.Southeast Asia, Iran, ChinaAlthough billet prices in Southeast Asia were pre...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 26 that are worth another look.A former employee is suing Gerald Metals, Gerald Holdings and the chief executive officer of both companies for alleged fraud, negligent supervision and infliction of emotional distress related to their cobalt activities in the Democratic Republic of Congo, according to court documents filed in...Read More
Here are five Fastmarkets MB stories you might have missed on Friday July 26 that are worth another look.A former employee is suing Gerald Metals, Gerald Holdings and the chief executive officer of both companies for alleged fraud, negligent supervision and infliction of emotional distress related to their cobalt activities in the Democratic Republic of Congo, according to court documents filed in...Read More
Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold's upside. Silver is not only radically undervalued relative to gold, but investors are aggressively buying. Silver's...Read More
Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold's upside. Silver is not only radically undervalued relative to gold, but investors are aggressively buying. Silver's...Read More
Metal Tiger has agreed to invest A$500,000 for 15% of Cobre, and a further $2 million as part of an initial public offering, to be completed in the next 12 months.Read More
Drilling within the defined resource envelope at South Ayawilca intercepted thick zones of zinc mineralisation at higher than expected grades and almost double the average grade of the zinc resource. Drilling also intercepted a weakly-mineralised limestone layer which supports the company's thesis of possible limestone-hosted zinc mineralisation under the existing resource.South Ayawilca drilling...Read More
Forbes, Business Insider, CNBC, The Wall Street Journal, Barron's, The Economist, The Financial Times... all have proclaimed: 5G is the new standard.The next generation of mobile communications promises far greater connectivity, with data transfer speeds 100 times greater than today's fastest networks.That means much faster mobile access to... well, everything.Waiting for mobile downloads will be...Read More
Abitibi Royalties Inc. (TSX-V: RZZ, OTC-Nasdaq: ATBYF) owns various royalty interests at the Canadian Malartic Mine near Val-d'Or Qu?(C)bec. We learned from Ian Ball, who is President and CEO of Abitibi Royalties, that one of the most important things about the Company is that it is debt free and, at any given day, $40 to $45 million of its value is in securities and cash on the balance sheet. The...Read More
- Clint SiegnerFirst, a bank's commodities trading department takes metals investors for a ride like unwitting victims in the back of Jeffrey Epstein's "Lolita Express."Now federal prosecutors have extended the same sort of cozy non-prosecution agreement to shield the bank itself from a criminal indictment.Federal prosecutors signed a non-prosecution agreement in June with Merrill Lynch Comm...Read More
StrengthsThe best performing metal this week was platinum, up 2.24 percent on hedge funds cutting short positions and flipped the futures composite to a net long. Gold traders and analysts in the weekly Bloomberg survey are split between a bullish and a neutral outlook on the yellow metal ahead of the Fed's meeting next week. Gold gained on Thursday after the European Central Bank (ECB) signaled...Read More
Keith Weiner, Monetary MetalsWe have spilled many electrons on the topic of capital consumption. Still, this is a very abstract topic and we think many people still struggle to picture what it means. Thus, the inspiration for this week's essay.Enterprise Car ServiceSuppose a young man, Early Enterprise, inherits a car from his grandfather. Early decides to drive for Uber to earn a living. Being...Read More
By: Gary Savagehttp://blog.smartmoneytrackerpremium.com/Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More