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Goldman Puts Almonty At "Center" Of Western Tungsten Race
Goldman Puts Almonty At "Center" Of Western Tungsten Race
Three weeks after Jefferies chemicals and materials analyst Laurence Alexander initiated coverage of Almonty Industries with a "Buy" rating and a 12-month price target of $26.25, framing it as a play on the "Western Tungsten Re-Shoring Trade," Goldman Sachs launched coverage early Thursday, describing the miner as "at the center of the Western tungsten investment narrative."
Goldman metals and steel analyst Nick Cash notes that Chinese policy restrictions have fueled supply concerns and an eightfold increase in tungsten prices since the start of 2025:
ALM...
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Jul 31, 2026 / Tyler Durden
US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency
US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency
While the BOJ understandably refuses to admit it spent a record $140BN (across all markets, $90BN on EBS) to briefly manipulate the Japanese yen higher...
... ahead of yet another disappointing (non-rate hike) decision (according to some calculations, Japan's central bank is about 100 bps of rate hikes behind to stop the ongoing collapse of the yen), others are less shy.
According to Reuters, similar to the last failed intervention by...
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Jun 18, 2026 / Tyler Durden
Illegal Alien Alleged To Be Ringleader In Terror Plot To Kill "Capitalist Elites" At UFC White House Event
Illegal Alien Alleged To Be Ringleader In Terror Plot To Kill "Capitalist Elites" At UFC White House Event
Federal prosecutors allege that Abraham Hermosillo Alvarez, a Mexican national who overstayed a B2 visitor visa and was living in Omaha, Nebraska, used the online alias "Shepherd" and was the ringleader of a failed terror attack targeting "billionaires" and "capitalist elites" at UFC Freedom 250 at the White House.
The Department of Homeland Security released a statement on Thursday morning regarding the criminal complaint, filed in the District of Nebraska, charging Alvarez...
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May 5, 2026 / Jason Ditz
Israeli Finance Minister Smotrich Says Son Asked Him to Leave Some of Lebanon for Him to Destroy
In an interview with Israel’s Channel 7 TV, Israeli Finance Minister Bezalel Smotrich reported that his son has asked him not to finish destroying Lebanon before he has the opportunity to get involved and do some destroying of his own. The hawkish Smotrich said he told his son not to worry and that there would […]
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