SHANGHAI, Mar 12 (SMM) –Copper: As the US dollar weakened and the US' February nonfarm payrolls performed well, nonferrous metals rebounded across the board and SHFE copper stood above 52,000 yuan/mt. But the pickup was limited by the anticipated trade war. We see it trading at 51,800-52,300 yuan/mt and LME copper trading at $6,950-7,000/mt today. In the physical market, spot discounts a...Read More

(Kitco News) - Gold prices have recovered some of their early losses in late-morning trading Monday. The yellow metal got a slight lift as the U.S. dollar index dropped to its session low and is trading modestly down on the day. Also, the U.S. stock indexes have backed way off their daily highs, which is also supportive to the gold and silver markets. April gold was last down $4.90 at $1,319.10....Read More

If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today:Continue...Read More

SHANGHAI, Mar 12 (SMM) –Copper: As the US dollar weakened and the US' February nonfarm payrolls performed well, nonferrous metals rebounded across the board and SHFE copper stood above 52,000 yuan/mt. But the pickup was limited by the anticipated trade war. We see it trading at 51,800-52,300 yuan/mt and LME copper trading at $6,950-7,000/mt today. In the physical market, spot discounts a...Read More

SHANGHAI, Mar 12 (SMM) – Supply shortages of nickel concentrate in China are likely to end by 2021, showed SMM data.  Global supplies fell in recent years as prices of nickel weakened. The decline in imports of nickel concentrate  led to the subsequent decrease in supplies in 2015-2017. In addition, a major producer of nickel pig iron (NPI) in south China raised...Read More

March 21 is just over a week away.That's when the Federal Open Market Committee, FOMC, the Fed's interest rate policy arm, will raise interest rates another 0.25%, the sixth such rate increase since the "liftoff" in interest rates in December 2015.This is the most aggressive tempo of rate hikes of any major central bank and puts U.S. policy rates significantly higher than those in the U.K., Japan...Read More

SHANGHAI, Mar 12 (SMM) – China's industry for new energy cars is likely to see faster growth, supported by new targets in the 2018 government work report, said chairman of the Beijing Automobile Group, Xu Heyi.The report highlighted that promoting new energy vehicles is part of China's drive to become a globally competitive manufacturing nation.A power network for...Read More

Universal mCloud (CVE: MCLD) CEO Russ McMeekin tells Proactive Investors it has now completed the purchase of NGRAIN, which uses artificial intelligence to assist in damage assessment in the insurance, aerospace, and defense industriesThe acquisition will now enable mCloud to go live in Q2 with NGRAIN's AI-powered damage assessment technology, deploying drones to inspect wind turbine blades for da...Read More

Despite the absence of any empirical support, Fed governors and staff economics persist in their reliance on the Phillips Curve, which predicts that low unemployment leads to rising inflation. U.S. unemployment at around 4% is in fact at 17-year lows.The Fed insists that the time to tighten monetary conditions is now, before the inflation emerges.Yet as I've explained many times, the Phillips Curv...Read More

SHANGHAI, Mar 12 (SMM) – This is a roundup of global macro-economic news last weekend and what is expected today.Last Friday nightBase metals rose across the board as the US dollar slipped. SHFE nickel jumped over 4% and copper and zinc rose over 1%. LME metals, except tin, rebounded from touching a low at one point. Nickel saw the biggest growth since February. Copper, zinc and lead rose ab...Read More

SHANGHAI, Mar 12 (SMM) –Copper: As the US dollar weakened and the US' February nonfarm payrolls performed well, nonferrous metals rebounded across the board and SHFE copper stood above 52,000 yuan/mt. But the pickup was limited by the anticipated trade war. We see it trading at 51,800-52,300 yuan/mt and LME copper trading at $6,950-7,000/mt today. In the physical market, spot discounts a...Read More

Every day, hundreds of regular investors just like you are becoming millionaires…And the way they're doing it is simple.They're taking advantage of the explosive growth of the medical marijuana market!A few years ago, this market was essentially worth nothing...But last year, according to Forbes, it exploded to $10 billion in sales. And by 2020, it's estimated to reach $20 billion.You might...Read More

Stephen Liu, professor of metallurgical and materials engineering and director of the Center for Welding, Joining and Coatings Research at Colorado School of Mines, has been named a fellow of two international organizations in recognition of his contributions to the materials and welding fields.The London-based Institute of Materials, Minerals and Mining (IOM3) awarded Liu the title of fellow in F...Read More

Most of us insure our cars, homes, and other valuables.But what about your wishes?Who would you trust to pay your bills, manage your investments, and make important health care decisions if you can't?Who would make sure that things get done just the way you want them done in the event of something happening to you?It doesn't matter if you're young or old, healthy or frail, wealthy or not-so-wealth...Read More

Base metals traded on the London Metal Exchange are once again weaker across the board this morning, Monday March 12, with prices off by an average of 0.4%. Losses are fairly tightly grouped between 0.2% and 0.7%, with the three-month copper price down by 0.4% at $6,930 per tonne.Volume has been average with 8,181 lots traded as of 07.17am London time. Today’s weakness follows strong rebounds...Read More

An old friend excitedly texted me over the weekend.He wanted to get my thoughts on Spotify and Dropbox, two hot initial public offerings set to hit the market sometime in the next few weeks."I don't trade IPOs," I replied.While my buddy was disappointed that I didn't have any hot tips for him, we ended up having a productive conversation about how new stocks trade - and the best time to buy them.F...Read More

Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More

Proactive Investors CEO Forums have rapidly gained global recognition as the preferred format for hundreds of listed companies across the world's leading stock exchanges seeking to present to an audience of institutional and retail investors.This exclusive forum on May 16, 2018 starts at 4:30 pm with registration, networking and an open bar. Hear several brief presentations directly from CEOs abou...Read More

Base metals prices on the London Metal Exchange were lower across the board at the close on Monday March 12, with overhead selling pressure weakening prices.Lead plummeted 2.7% today as it hit a fresh 2018-low of $2,311 per tonne - the metal failed to hold onto the gains it registered on Friday and lacks significant support. "[Lead] has struggled ever since the 2018-high at $2,685 per tonne due to...Read More

Comex copper prices came under selling pressure on the morning of Monday March 12 in the United States, with markets awaiting to assess the impact of import tariffs that President Donald Trump will sign into law within the next fortnight.Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped by 0.95 cents or 0.3% to $3.1265 per lb. "While further selling pressur...Read More