John Bailey, the president of the Academy of Motion Picture Arts and Sciences, is under investigation for sexual harassment.Continue...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
SEOUL (Reuters) - U.S. President Donald Trump asked South Korean officials to show flexibility in trade negotiations with the United States in a phone call with South Korean President Moon Jae-in, the Blue House said in a statement on Friday.South Korea and the United States were scheduled to hold a third round of talks for amendments to an existing bilateral free trade agreement this week in Wash...Read More
By James TurkIn 1992 a book entitled "Bankruptcy 1995: The Coming Collapse of America and How to Stop It" hit the nation by storm. Written by Harry Figgie, a prominent businessman who had built a Fortune 500 company, and Gerald Swanson, an economics professor with expertise in public finance, it forecast that the US federal government would go bankrupt in 1995 and default.The default would arise...Read More
The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the result of ir...Read More
SHANGHAI, Mar 16 (SMM) ? 1/4 ? To promote new energy cars, Xining city of Qinghai province will build 1,000 more charging stations for new energy cars in 2018, and to gradually replace all petrol- and diesel-powered taxis with electric ones, SMM learned from local authorities.The charging stations were introduced to Xining in 2016. At the end of 2017, there were 1,034 charging stations across 16 p...Read More
The blue-chip index has erased earlier losses to trade up triple digitsThe Dow Jones Industrial Average (DJI) has traded in a 174-point range on both sides of breakeven so far today, last seen in positive territory as D.C. drama takes a backseat to a relatively upbeat round of economic data. Specifically, the University of Michigan's consumer sentiment index surged to a 14-year peak of 102 in Marc...Read More
Some steel product prices in the United States have risen in response to the looming introduction of 25% tariffs on imports, while sentiment in steel markets outside the US has been dampened by fears of potential shifts in trade flows. US president Donald Trump signed the 25% tariff into law on March 8 after the conclusion of his government's Section 232 investigation, and from Friday March 23 the...Read More
By Alasdair MacleodThe measure of a man's real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, and also of the modern state itself, which is meant to be selfless in the interest of the common good. We can be certain that when a person moves from outside to ins...Read More
By Avi Gilburt We have seen downgrade after downgrade on Barrick Gold (ABX) for years. Many keep looking lower and lower, with some even considering that this stalwart in the miners' complex may even go out of business due to its debt load.However, back in 2015, it was one of the first miners to bottom. In fact, when we saw the potential bottoming of ABX in 2015, we actually opened our EWT Miner...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump has decided to replace his national security adviser, H.R. McMaster, but the move is not expected to be made immediately, the Washington Post reported on Thursday.Citing five people with knowledge of the plans, the Post said Trump was considering several possible replacements, including former U.S. Ambassador to the United Nations John Bolton and...Read More
We have seen downgrade after downgrade on Barrick Gold (ABX) for years. Many keep looking lower and lower, with some even considering that this stalwart in the miners' complex may even go out of business due to its debt load.However, back in 2015, it was one of the first miners to bottom. In fact, when we saw the potential bottoming of ABX in 2015, we actually opened our EWT Miners Portfolio in Se...Read More
The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the re...Read More
Shares of Electronic Arts and Two-Take Interactive are trading right above historical supportVideo game companies have been thrown into the national discussion around gun violence, with industry executives recently meeting with President Trump. Still, technical traders may want to consider Electronic Arts Inc. (NASDAQ:EA) and Take-Two Interactive Software Inc (NASDAQ:TTWO), if historical data is a...Read More
SHANGHAI, Mar 16 (SMM) – Production of lithium carbonate in February remained the same from January and stood at 8,000 mt, an SMM survey showed.Outputis likely to rise to above 9,000 mt in March. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please email service.en@smm.cn Read More
IntroductionHugo Salinas Price wrote an excellent article called 'Bad karma brings bad consequences for those who practice it' on the unwanted consequences of the trade tariffs imposed by the US. He points out that the accumulation of US dollar reserves in the forex reserves of the central banks is a function of the foreign countries being able to sell (underselling) or export goods to the US. And...Read More
In my last Gold Report I provided you with two options, one to the upside and one to the downside for gold. The Outside breakout never came close to occurring but the downside did...sort of. Here's what I wrote about the downside."Assuming prices first breakout to downside by getting under 1309.00, buying at XXXX Put at the market would make sense. You're wrong if futures prices reverse and get...Read More
(Kitco News) - Goldpricesare posting a modest rebound in early U.S. trading Friday, following theselling pressure seen on Thursday. It’s been a week of choppy trading in thegold and silver markets. There was no fresh, major fundamental news overnightto drive price action. April Comex gold futures were last up $2.20 an ounce at$1,319.90. May Comex silver was last up $0.033 at $16.455 an ounce...Read More
Indian local secondary billet prices recovered from a steep fall in the first two days of the current week to go up by about 700 rupees per tonne over the past three days on rising finished product prices.Prices for Indian domestic secondary billet, mainly produced via the induction furnace route, ended the week at 33,000-33,400 rupees ($508-514) per tonne ex-mill, narrowing from Metal Bulletin's...Read More