If you’re wary of putting money to work with as the markets flirt with all-time highs, consider looking to the 52-week-low list for potential value stocks.Be careful, though, as the real bargains are likely surrounded by cigar butts, value traps, and perennial underperformers that could continue to drag.In this piece, we’ll look at two stocks at 52-week lows that I believe are a great...Read More
Jan 24, 2020 Guest(s): E.B. Tucker Director, Metalla Royalty & Streaming People are not paying attention to the next bull run, which would be driven by excessive amounts of debt around the world, and now is a good time to be positioned, said E.B. Tucker, director of Metalla Royalty & Streaming. "I think people should see the $1,900 target that we've been talking about as the next phase and I...Read More
The global stock markets are making the hair on the back of my neck stand up on end. Day after day, markets go up. Good news or bad, markets go up. Every day we are hitting all-time highs. Up and away it goes, and where it will stop, nobody knows.It is not the fact that global markets are going up that is worrisome. A rising global market with increasing stock prices is, after all, the very reason...Read More
Maricunga is less than 5% of the size of the vast lithium-rich Salar de Atacama in northern Chile. (Image courtesy of Sergejf |Flickr.)Chile's state-owned Codelco, the world's no.1 copper producer, filed with regulators on Friday a request for environmental permits to start exploring for lithium at the Maricunga salt flat, the country's second largest in terms of reserves.The sought licences woul...Read More
Newmont staff in Ghana. (Image courtesy of Newmont Goldcorp). Newmont Goldcorp (NYSE: NEM) (TSX: NGT), the world's No. 1 gold miner, announced this week that it earned a 'B' in CDP's (formerly known as the Carbon Disclosure Project) climate change assessment. In a press release, the miner said that the designation recognizes its strong climate governance and financial planning in response to clim...Read More
The three-month price of nickel on the London Metal Exchange was lower at the close of trading on Friday January 24, losing more than 3% and sinking below nearby support to close at its lowest level in six months, while tin futures also struggled over the afternoon.Nickel's outright price on the LME settled at $12,950 per tonne on Friday afternoon, losing more than 9% since starting the week when...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
A summary of Buenaventura's lead, zinc and copper production and sales volumes for the fourth quarter and full-year 2019, following the company's report released on Friday January 24. The Peruvian mining company missed its own full-year targets for zinc and copper production at most of its units, besides the Tambomayo mine in the southern Caylloma province of Peru. Lead output at the El Brocal min...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday January 24.China Low-grade seaborne manganese ore prices ticked up with market participants expecting higher offer prices after the Chinese new year holiday, running January 24-30, while the high-grade market was stable. There was no liquidity reported, however, because of holiday absences. The ports...Read More
Adam HamiltonArchivesJan 24, 2020 The gold miners' stocks have spent the past half-year mired in a high consolidation. They haven't been able to break out, but aren't breaking down either. This technical purgatory is working to slowly bleed off overboughtness and rebalance sentiment. This necessary process to eradicate greed from the last upleg peak is never exciting. But today's low gold-miner va...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below: Europe - Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V - Vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, $/lb V2O5 China - Ferro-vanadium 78% V min, fob China, $/kg V - Vanadium pentoxid...Read More
Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday January 24. Europe The high-carbon ferro-chrome market rose strongly with some producers reporting increased demand from some end consumers. Production cuts have led to a shortage of lower-priced material to parts of the market, while an increase in offer prices for Indian material has c...Read More
An overview of the minor metals markets and their latest price moves.Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 374,79357,098141,474212,445564,348728,712762,920 Change from Prior Reporting Period -2,016-4764,355-8,913-6,829-6,574-2,950 Traders 23370845859326186 Small Speculators LongShortOpen Interest 65,11730,909793,829 3,520-104-3,054 non reportable positionsChan...Read More
- Gary TanashianI most often use linear scale charts for stocks, markets and indicators for their more absolute views. But in the case below we conjure up a long-term log scale chart showing the Gold/Silver Ratio (GSR) and the S&P 500 (SPX), as it works better in providing a percentage-based relationship between an indicator of market liquidity and inflation when declining and lack of liquid...Read More
Gary SavageI mentioned at the 2:00 mark that we would probably see an attack this morning. We did indeed get a major attack. A full days volume was thrown at gold before the market had even opened. The closer we get to the FOMC meeting the more dangerous these attacks will become. So I'm still waiting for a close above the Sept. high as confirmation the next leg has begun. (orig. published on J...Read More
Ray Dalio of Bridgewater via Quotefancy? + "Cash is trash" and investors should diversify and own gold as part of a diversified portfolio, world's largest hedge fund manager told CNBC (see news below) at Davos? + For the second time in as many weeks, the world's largest hedge fund, Bridgewater and its founder Dalio is encouraging investors to diversify into gold as a hedge? + The billionaire inv...Read More
By: Ira EpsteinGold bias up, a confused swingline. Gold technicals update:Read More
The buy-the-dips mentality has become so entrenched over the last few months that it's hard to imagine what could possibly derail the bull market. Wall Street feigned mild concern for a few hours over the spread of a deadly virus in China, but absent news that Americans are keeling over dead from it in their back yards, we can expect the broad averages to forge ever higher. The uptrend has bee...Read More