Canadian investors add gold, uranium stocks as trade war risk grows

Canadian investors add gold, uranium stocks as trade war risk grows

From kitco.com

As the threat of a trade war grows, Canadian investors are seeking protection in gold and in shares of companies producing goods with few substitutes, such as uranium, while looking to take advantage of a weaker loonie and expected volatility. U.S. President Donald Trump has threatened to implement a 25% tariff on most Canadian imports in March, with steel and aluminum facing even stiffer levies after new orders signed by the president on Monday. Canada sends 75% of its exports to the United States and tariffs are a major risk to the Canadian economy. Financial, telecom, real estate, energy and materials shares ... (full story)

- Older Stories
The Bank of England gold rush that's pushing up the price
From news.sky.com|Feb 13, 2025
Deep under the Bank of England, in a network of vaults into which cameras are rarely admitted, sits the world's second biggest known trove of gold. Once upon a time the Bank's ...
Powerful cyclone set to hit Australia’s iron ore hub on Friday
From mining.com|Feb 13, 2025
Australia’s iron ore export hub is bracing for a major tropical cyclone to make landfall later Friday, with port facilities, mines and infrastructure in the Pilbara region in the ...
U.S. and India aim to more than double bilateral trade to $500 billion in five years, Prime...
From cnbc.com|Feb 13, 2025|3 comments
India and the U.S. will work to more than double bilateral trade to $500 billion by 2030, Indian Prime Minister Narendra Modi said at a joint press conference with U.S. President ...

- Newer Stories
US VP Vance wields threat of sanctions, military action to push Putin into Ukraine deal - WSJ
From @FirstSquawk|Feb 13, 2025|5 comments
post: US VP VANCE WIELDS THREAT OF SANCTIONS, MILITARY ACTION TO PUSH PUTIN INTO UKRAINE DEAL - WSJ post: US VP VANCE WIELDS THREAT OF SANCTIONS, MILITARY ACTION TO PUSH PUTIN INTO UKRAINE DEAL - WSJ US VP VANCE: "THERE ARE ECONOMIC TOOLS OF LEVERAGE, THERE ARE OF COURSE MILITARY TOOLS OF LEVERAGE” THE U.S. COULD USE AGAINST PUTIN - WSJ US VP VANCE: PRESIDENT IS NOT GOING TO GO IN…
Australia Could Become U.S. Ally In Battle For Critical Minerals With China
From oilprice.com|Feb 13, 2025
President Donald Trump’s wish list for acquiring new U.S. territories has one thing in common: regions with abundant supplies of critical minerals. Trump has repeatedly threatened ...
Iron Ore Surges as Cyclone Zelia Threatens Pilbara Supply
From cityindex.com|Feb 13, 2025
A severe tropical cyclone is bearing down on Australia’s Pilbara coastline, threatening to disrupt global iron ore supply. SGX futures are sitting at five-month highs as traders ...

Related Stories