Crude oil prices are rising. We have a falling U.S. oil rig count and a surprise drop in Saudi oil production, against a backdrop of increasing geopolitical risk. Baker Hughes’ oil rig was countdown two, gas rig count dipped by three. …read more From:: Resource Investor
It’s a mad, mad oil world Read More »
Last month in Venezuela’s capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. That’s up from only 2,300 bolivars 12 months ago, meaning the price of a cup of joe has jumped nearly 87,000 percent, according to Bloomberg’s Café Con Leche Index. And you thought Starbucks was expensive.
Wait Until You See the Price of Gold in Venezuela Right Now Read More »
By Valentina Ruiz Leotaud London-based Condor Gold (AIM: CNR; TSX: COG) announced that it has received an environmental permit for the development of a processing plant with a capacity of up to 2,800 tonnes per day and associated mine site infrastructure at its wholly-owned La India gold project, located in the Department of León, western
Condor Gold to start building mine in Nicaragua Read More »
The dollar has remained bid against most currencies post-Friday’s U.S. jobs report. The greenback rose on Friday in reaction to the mixed-bag nonfarm payrolls report which showed a weaker-than-expected headline number, but that was offset by positive revisions to the previous reports and a decent but expected rise in average hourly earnings figure. …read more
Dollar extends post NFP gains Read More »
Escalating trade tensions between the U.S. and China remain the financial markets’ hottest topic. President Donald Trump seems to be celebrating winning the first battle of this war, saying that “tariffs are working big time” in a Tweet on Sunday. He says that they will enable the U.S. to start reducing the large amount of
Is Trump truly winning the trade war? Read More »
By Cory댊 Round Table With Chris Temple and Doc In a special editorial today I am joined by Chris Temple and Doc. We touch on a number of topics all outlining the relationship the US has with other countries around the world. The Iran sanctions and China/US relationship are addressed with the big picture of
Exclusive KE Report Commentary – Mon 6 Aug, 2018 Read More »
By Cory댊 China/US Tension and The 10 Year Stuck Below 3% Marc Chandler joins me today to shares his thoughts on the ongoing US and China trade tensions. We need to consider why the trade deficit is so extreme which has a lot to do with central bank policy. The 10 year is also discussed
Exclusive Comments from Marc Chandler – Mon 6 Aug, 2018 Read More »
By Nilus Mattive This post Aggressive Investments: How to Be Fearless, Smart and Profitable appeared first on Daily Reckoning. I’ve had plenty of underwater positions over my career – some of which ultimately turned into huge winners and others that ended up as realized losses. Hey, it happens to everyone! But today I want to
Aggressive Investments: How to Be Fearless, Smart and Profitable Read More »
By Valentina Ruiz Leotaud Gem Diamonds (LON:GEMD) revealed that the 10 rough, larger-than-100-carats diamonds that its Letšeng mine produced in the first six months of 2018 helped boost the company’s sales by 43 per cent to $169.2 million. Rough stones from Letšeng, which is located in northern Lesotho, achieved an average price of $2,742 per
Record-breaking stones boost Gem Diamonds sales Read More »
By Bloomberg News A battle over the world’s second-largest copper mine has dogged Freeport-McMoRan Inc. shareholders for more than a year. Now it may be the turn of the copper market. Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations, cutting some 300,000
Copper supply woes on show with No. 2 mine output to halve Read More »
