Hillary Clinton "gifted" a prestigious job in the Obama State Department to the nephew of accused pedophile and sex trafficker Ghislaine Maxwell, according to OK! Magazine - and whose employmentContinue...Read More
"We have something like 30 to 50 per cent of the restaurants in New York City are probably already out of business and they're not coming back."Continue...Read More
A video from outside of last night's DNC Convention in Milwaukee shows two Joe Biden supporters stealing a MAGA hat from a 7-year-old boy before physically attacking his mother.Continue...Read More
Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the "Still Report", the quintessential report on the economy and...Read More
As tough as this market feels right now a second bull flag could be forming.Continue...Read More
Export prices for Brazil-origin slab increased week on week amid low material availability and continuing high demand.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil reached $420-430 per tonne on Friday August 21, up by $5 from $415-425 per tonne a week earlier.Offers were reported at $430 per tonne fob and...Read More
Independent financial analyst Matt Badiali presents the investment case for copper. Copper will be the next metal to break out in 2020, and it's all about demand.The price of copper just broke through $3.00 per pound. The red metal's price rose 45% so far in 2020. But that is still well below its 2011 high of $4.50 per pound. That could change in the second half of this year. The reason for coppe...Read More
The zone's significance, the updated resource highlights and Troilus Gold's next steps are discussed in a Haywood report. In a July 29 research note, Haywood analyst Pierre Vaillancourt reported that the Southwest zone at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus property in Quebec "makes the difference" in the updated resource estimate and, potentially, the project.He also noted that H...Read More
Generation Mining achieves this result during phase 1 of its current metallurgical testing program. In a news release, Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN.F) announced at its Marathon Palladium project in northwestern Ontario it "successfully completed bench-scale metallurgical test work, resulting in a favorable and significant increase to projected Platinum Group Metals (PGM) and...Read More
Trading activity in the CIS export market for steel billet was limited in the week ended Friday August 21, with both sides assessing the situation. Some activity was reported in Asia, while customers in markets nearer to the CIS took a wait-and-see stance.Mills selling from the Black Sea basin were not actively offering material, and kept their official indications within the range of $400-410 per...Read More
Peruvian steelmaker Aceros Arequipa is currently loading the country's first ever shipment of steel billet to China, according to a company official.The sale, involving 40,000 tonnes of billet, was concluded in early June for August shipment. It is expected to arrive at the eastern Chinese inland port of Jiangyin, located along the Yangtze River, by the end of September.The transaction is the firs...Read More
The Baowu Steel Group, China's largest steelmaker, is now the controlling shareholder of the Taiyuan Iron & Steel Group (Tisco), the country's second-largest producer of stainless steel, the latter has announced.Shanxi province's State-owned Assets Supervision & Administration Commission, which owned all of Tisco's shares, transferred 51%...Read More
Taiyuan Iron & Steel (Tisco), China's second-largest stainless steel producer, suspended the trading of its stock on the Shenzhen Stock Exchange on Friday August 21 following an announcement on Thursday evening that there will be a change in its controlling shareholder.Market participants expect the Baowu Steel Group, the country's largest producer of carbon steel, to replace Shanxi province's Sta...Read More
A Fibonacci .618 retracement is a common reversal point in the markets Fibonacci numbers follow a sequence that begins with 0 and 1, and each subsequent number is the sum of the previous two (0, 1, 1, 2, 3, 5,8, 13, 21, 34, and so on).After the first several numbers in the sequence, the ratio of any number to the next higher is approximately .618 to 1; its ratio to the next lower number is approx...Read More
The story of how an inner city liquor store grew its business serves as an example of what sector expert Michael Ballanger calls " a compelling revelation of 'academics versus practicality.'"In watching the travesty of disinformation, misinformation and moral hazard formation ongoing in the global financial markets, I am immediately reminded of a case study from my university days of whi...Read More
Warren Buffett did whathe said he’d never do, and that is buy gold - not the physical metal, nor anETF, but a gold mining stock. Buffett and/or his holding company's managers choseABX, as it is known in Toronto, or GOLD, on the New York exchange. Thesurprising trade is highly symbolic given Buffett’s previous ferventlyanti-gold public statements. Last Friday the Oracle ofOmaha&rsq...Read More
Steel buyers in Thailand are reselling distressed hot-dipped galvanized coil from China after the southeast Asian country started preliminary anti-dumping duties of 35.67% on imported Chinese cold-rolled galvanized steel on August 3. A Tianjin-based trader told Fastmarkets that at least 100,000 tonnes of Chinese HDG were stuck at Thailand ports recently due to the costly tax, forcing buyers there...Read More
The Baowu Steel Group, China's largest steelmaker, is now the controlling shareholder of the Taiyuan Iron & Steel Group (Tisco), the country's second-largest producer of stainless steel, the latter has announced.Shanxi province's State-owned Assets Supervision & Administration Commission, which owned all of Tisco's shares, transferred 51%...Read More
Taiyuan Iron & Steel (Tisco), China's second-largest stainless steel producer, suspended the trading of its stock on the Shenzhen Stock Exchange on Friday August 21 following an announcement on Thursday evening that there will be a change in its controlling shareholder.Market participants expect the Baowu Steel Group, the country's largest producer of carbon steel, to replace Shanxi province's Sta...Read More
Export prices for Brazil-origin slab increased week on week amid low material availability and continuing high demand.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil reached $420-430 per tonne on Friday August 21, up by $5 from $415-425 per tonne a week earlier.Offers were reported at $430 per tonne fob and...Read More