Today is Monday, January 27, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Arch Coal (NYSE: ARCH), DMC Global (NASDAQ: BOOM), and Dorchester Minerals LP (NASDAQ: DMLP).Arch Coal (NYSE: ARCH)Arch Coal (NYSE: ARCH) is a $829.56 million company today with a one-year return of -33.1%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-t...Read More

Domestic prices for hot-rolled coil in Northern Europe were expected to rise due to a combination of uncompetitive import offers and good order books at EU mills, sources told Fastmarkets on Monday January 27.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?461.25 ($508.42) per tonne on Monday, compared with ?,?460.81 per tonne on January 24.The index was...Read More

They say coal is dead.And, to some degree, they're right.The use of coal for energy generation here in the United States, for example, has ostensibly peaked.According to the U.S. Energy Information Administration (EIA), coal consumption in America hit a 40-year low in 2019.The EIA says coal's share of U.S. electricity generation fell by 24% last year over 2018. And for 2020 and 2021, the EIA expec...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the red-hot Index fought hard to break free and clear of 1200 and initially hit an intraday high of 1211.42. However, the INK CIN could not maintain its torrid pace and pulled back into the end of the week, closing at 1198.59 for a loss of 6.33 points or 0.5%.MACD slipped 0.41...Read More

Here are five Fastmarkets MB stories you might have missed on Monday January 27 that are worth another look.The Section 232 tariffs on steel and aluminium imports into the United States will be applied to select downstream steel and aluminium products, President Donald Trump announced late on Friday January 24.The discount for copper scrap imported into China has narrowed in Ja...Read More

Export rebar and wire rod prices for material out of the CIS region decreased in the week to Monday January 27 under pressure from slow trading, increasing competition and falling scrap prices in the global market.Last week, Ukraine-origin rebar was available to foreign customers at $430 per tonne fob Black Sea, but Turkish mills reduced their offer levels over the week by $10-15 per tonne to $430...Read More

Bank Muscat's Nishant Bhavsar and Ajit Mauskar led Fastmarkets' Apex 2019 leaderboard for base metals analysis with an accuracy rate of 97.93%. In second place for base metals, SP Angel's John Meyer, Sergey Raevskiy and Simon Beardsmore notched an accuracy rating of 97.31%, while Emirates NBD's Edward Bell took third place at 97.11%. Capital Economics' Kieran Clancy was in fourth place with a...Read More

Turkish steel mills held back from deep-sea scrap bookings on Monday January 27, amid talk that they would cut production or resume bookings soon, sources said.A steel mill in the Iskenderun region booked a UK cargo comprising 22,000 tonnes of HMS 1&2 (80:20) at $277 per tonne cfr late on January 22, which sent the daily scrap indices down by $6.45 per tonne.This was only the second cargo booked i...Read More

Global scrap prices trended downward during the working week ended Friday January 24 on limited demand that was a consequence of lackluster finished steel sales globally and the lunar new year holidays in East Asia.Turkish import prices drop in latest cargo deal US export prices down on both coasts Taiwan import prices slip on demand dip Indian import prices decline on Turkish price downturn. Turk...Read More

By: Ira EpsteinGold's short to long-term technicals:Read More

Friday's nasty stock-market reversal was the most interesting we've seen in a long while. The ostensible cause of the selloff was mounting anxiety over the spread of the deadly coronavirus from China to the U.S. and elsewhere. Three cases have been reported so far in the U.S. and 2,000 worldwide, and although no one seems to expect a major outbreak in North America, it's not hard to imagine a me...Read More

Gold and silver will remain firm as long unless a vaccine to the Chinese corona virus is found. Treatment is there for the virus but there is no vaccine. The quicker the spread of the corona virus globally the quicker will gold and silver rise. Yen will also fall sharply if the numbers zoom. Numbers (of people affected by the corona virus) are suppressed or fudged globally to prevent a panic. Sp...Read More

The CIS slab export price strengthened in new deals in the week to Monday January 27, as customers accepted higher prices amid positive dynamics in the finished flat steel market, sources said.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS, rose by $5 or 1% to $425-430 per tonne on Monday, from $420-425 per tonne previously.Early last week, a cargo of Ukrainian sla...Read More

For Parts 1 & 2 of this video series, CLICK HEREFor Part 3 of this video series, CLICK HEREPretty much the entire country of China is in lockdown at this moment. Unbelievable. Along with restricting travel within and across its borders, the Chinese government has begun heavily censoring the data its sharing with the world. Chris calls into question the few statistics they're currently reporting, s...Read More

*This interview was recorded on January 15, 2020Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducte...Read More

For Parts 1 & 2 of this video series, CLICK HEREFor Part 4 of this video series, CLICK HERETo get Chris Martenson's report on pandemic preparation, go to https://www.peakprosperity.com/corona...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is th...Read More

Corona Virus: "This is the most serious pandemic risk that we've seen, not since SARS...but I think since the Spanish Flu outbreak in 1919." - Dr Chris Martenson. Join Mike Maloney as he investigates the potential for the coronavirus outbreak to become a full-blown pandemic. Mike and Chris will discuss the genesis and spread of Corona virus and how to prepare yourself. They will also examine how C...Read More

On November 22nd of last year, the US government announced it would impose sanctions on Iran's information minister for his alleged role in limiting domestic Internet access while protests raged in that country over increases in gas prices.At the time, US Treasury Secretary Steven Mnuchin condemned the Iranian government for censuring information that Iranian citizens could view online, stating...Read More

Edward Snowden is the author of "Permanent Record" and is the president of Freedom of the Press Foundation, a nonprofit that defends Continue...Read More

The coronavirus coming out of Wuhan is going to pop the "Everything Bubble." This has the potential for being the biggest mass casualty event in world history. At the very least it will take down the financial system Continue...Read More