In Records Were Made to Be Broken, we provided our outlook that the bull market run and US economic expansion would likely continue, perhaps even to win the Olympic gold medal for longest ever in length. In today's piece, we provide our view on three key themes in the current market environment and how these relate to our late-cycle investing game plan.Theme # 1 - Rising VolatilityInvest...Read More

SHANGHAI, Mar 5 (SMM) – This is a roundup of global macro-economic news over the weekend and what is expected today.Last Friday nightThe US dollar slid following the country’s plan to impose sweeping tariffs on steel and aluminium imports. LME zinc dropped over 1% and tin edged down slightly, while SHFE tin inched up.Germany’s retail sales in January dropped 0.7% month on month a...Read More

RAPAPORT...The Civil Society Coalition (CSC) of the Kimberley Process(KP) has appointed the Zimbabwe Environmental Law Association (ZELA) as its leader, according to a statement on the KP website. ZELA will take over the leadership from Impact - formerly Partnership AfricaCanada -which left the Kimberley Process in December, claiming the organization wasineffective in policing the diamond supply c...Read More

SHANGHAI, Mar 5 (SMM) – This is a roundup of global macro-economic news over the weekend and what is expected today.Last Friday nightThe US dollar slid following the country’s plan to impose sweeping tariffs on steel and aluminium imports. LME zinc dropped over 1% and tin edged down slightly, while SHFE tin inched up.Germany’s retail sales in January dropped 0.7% month on month a...Read More

SHANGHAI, Mar 5 (SMM) - Copper: As SHFE copper stayed firm with support at the 52,000 yuan/mt level, we expect the 1805 contract to trade at 52,000-52,600 yuan/mt today, with LME copper at $6,880-6,950/mt. Spot discounts are seen slightly smaller at 180-130 yuan/mt today with the recovery of downstream consumption.Aluminium: With the US dollar index falling below the 90 level, LME aluminium i...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

LONDON (Reuters) - Investors sold shares in BMW (BMWG.DE) and Daimler (DAIGn.DE) on Monday after President Donald Trump said the U.S. may tax imports of European cars if the EU retaliates against his plan to impose tariffs on aluminium and steel.The United States is a big buyer of coupes, sports cars and sedans made by the German premium carmakers, such as Daimler’s Mercedes S-Class and BMW&...Read More

SHANGHAI, Mar 5 (SMM) - Copper: As SHFE copper stayed firm with support at the 52,000 yuan/mt level, we expect the 1805 contract to trade at 52,000-52,600 yuan/mt today, with LME copper at $6,880-6,950/mt. Spot discounts are seen slightly smaller at 180-130 yuan/mt today with the recovery of downstream consumption.Aluminium: With the US dollar index falling below the 90 level, LME aluminium i...Read More

The Buyer WinsTrump understands that, in a world of surpluses, the buyer, not the seller, has the upper hand. And the U.S. is the absorber of the world's excess goods and services for which there are no other major markets. Add in Trump's zeal for deals and you have the foreign trade dust-up he's promoting.We doubt, however, that all-out global trade wars will result. When they flourished back in...Read More

SHANGHAI, Mar 5 (SMM) - Copper: As SHFE copper stayed firm with support at the 52,000 yuan/mt level, we expect the 1805 contract to trade at 52,000-52,600 yuan/mt today, with LME copper at $6,880-6,950/mt. Spot discounts are seen slightly smaller at 180-130 yuan/mt today with the recovery of downstream consumption.Aluminium: With the US dollar index falling below the 90 level, LME aluminium i...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Equiti...Read More

NAPLES, Fla. (Reuters) - Michael Korchmar was hiring. His family-owned travel-goods company was planning to make a new product, an insulated food bag, and he had put out help-wanted notices for up to 30 workers to run the sewing machines in his small factory on Florida’s Gulf Coast.Those plans are now on hold. The reason: a bill quietly moving through Congress that would temporarily reduce o...Read More

INTL FCStone looks for a stronger U.S. dollar and higher bond yields to weigh on gold during March. Barring a trade war, analysts doubt traders will want to establish bearish positions in the greenback ahead of a Federal Open Market Committee meeting around the middle of the month. Further, U.S. bond yields remain high, while other central banks appear reluctant to tighten monetary policy, INTL FC...Read More

(Reuters) - S&P 500 and Dow Jones Industrials futures pointed to a lower opening for Wall Street on Monday, tracking broad losses on world markets due to worries over Italy and concerns that President Donald Trump has launched a global trade war.The S&P 500 ended another rocky week on an upbeat note on Friday, but major indexes still posted their worst week of losses since early February a...Read More

LONDON (Reuters) - Oil prices edged lower toward $64 per barrel on Monday on predictions of a major spike in U.S. oil output in the next five years.International benchmark Brent crude LCOc1 was down 8 cents, having shelved morning gains of around 0.6 percent, at $64.29 a barrel by 1237 GMT. The contract was well below this year’s highs of over $71 per barrel that it hit in January.U.S. West...Read More

As a masochist - and someone who believes in knowing exactly how bad things can get - I do my own taxes every year.Since I'm in the process of getting all of my 2017 paperwork together right now, and you might be as well, I thought this is a good time to go over the way different types of dividends get treated.Obviously, there's no way I can cover the entire subject in one short article. And this...Read More

Base metals traded on the London Metal Exchange are for the most part weaker this morning, Monday March 5, with the complex down by an average of 0.4%.Nickel leads on the downside with a 1.1% fall, copper prices are down by 0.4% at $6,887 per tonne and tin is the only metal where prices are higher, up by 0.2% at $21,595 per tonne.Volume has been high with 10,045 lots traded as of 07.30am London ti...Read More

March 5, 2018 - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG) and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private, all-season tote road to the Tiger Gold Deposit will be allowed to proceed.This represents completion of the Yukon Environmental and Socio...Read More

The coming credit crisis in China is no secret.China has $1 trillion or more in bad debts waiting to explode. These bad debts permeate the economy.Some are incurred by Chinese provincial authorities trying to get around spending limitations imposed by Beijing. Some are straight commercial loans on bank balance sheets. Some are external dollar-denominated debts owed to foreign creditors.The most da...Read More

Anbang Insurance Group is one of China's largest and most aggressive financial institutions. It is known for its huge customer base, high leverage, and fast-paced deal making.At least it was until the Friday before last.That's when Anbang was taken over by the Communist Chinese government. You can call that takeover, "a bailout with Chinese characteristics."Today, Anbang is a financially distresse...Read More